Nj commercial umbrella insurance

NJ Commercial Umbrella Insurance | Bogle Agency Insurance

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Commercial Umbrella Insurance Provides Extra Layer of Protection For Businesses

Nj commercial umbrella insurance
Bogle Agency Insurance, coverage for your home and business

Commercial umbrella insurance provides an extra layer of protection for business owners. Owning and operating a business involves a certain amount of risks, some industries have more risks than others. Having this extra protection is instrumental to protecting your business and your own personal finances. A New Jersey commercial umbrella insurance policy makes sure that your business is covered where your standard commercial policy may run out.

Businesses face risks every day. From the more obvious, like slips & falls to the not so expected false advertising lawsuit. Your business most likely holds commercial vehicle coverage, Commercial property insurance, worker’s compensation insurance, and general liability insurance among its policies. However, these policies typically have a limited payout amount. That is where Commercial Umbrella Insurance comes in. In the event of a large lawsuit, Your Bergen County commercial umbrella policy will protect you and your business.

How Does Commercial Umbrella Insurance Work?

All businesses are required to have some sort of insurance. This insurance covers everyday risks of doing business. In the event of a lawsuit, the business may be forced to pay out damages to whoever, or whatever is damaged. Let’s say you have been sued for false advertising and required to pay back $1.5 Million to your customers. Your general business liability insurance will cover $1 Million as per your policy, but the remaining $500,000 is left for you to pay out of pocket. In order to protect yourself, and your business, Commercial Umbrella Insurance will step in and cover the remaining $500,000. This leaves you free to continue conducting business without worrying about being stuck in a bad financial state.

Learn More About NJ Commercial Umbrella Insurance

Contact our team at Bogle Agency Insurance today to learn more about New Jersey commercial umbrella insurance policies. Our experienced agents look forward to evaluating your business insurance needs to ensure that you have the coverage you require. Let our knowledge and experience serve as your guide to commercial umbrella insurance in Lyndhurst NJ.

NJ Business/Commercial Insurance, Types of Coverage Needed

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NJ Commercial Insurance | Types of Insurance Coverage Needed For Businesses

Nj commercial insurance
Bogle Agency Insurance, coverage for your home and business

NJ commercial insurance requires different types of coverage to ensure success and to cover your assets. Types of business insurance coverage include Workers Comp, Employer Practices Liability Insurance (EPLI), General Liability, Business Automobile, and Commercial Umbrella. Of course, different sized organizations need different sized policies and coverage. Choosing the right insurance policies for your business should be a number one priority!

Understanding What Your Business Needs Is Essential

It is helpful for NJ business owners to understand the different types of commercial coverage needed. Below is a basic rundown of the different policies that may be needed for your business.

  • Workers Compensation Insurance covers an employee when he/she is injured on the job. This policy also protects an employer from being sued by the injured employee. Even companies with low risk of injury are required to hold NJ workers comp insurance. And there is a reason for that, even low-risk positions could result in unexpected injury, so it is best
  • Employer Practices Liability Insurance (EPLI) is coverage for the employer. There is a lot of risks involved with employing people and EPLI keeps a business covered. Of course, understanding policies and procedures as well as having excellent record keeping can help lower costs for EPLI.
  • General Liability Insurance covers a business for the unexpected, whether its a slip and fall on the premises or property damage incurred. Liability insurance protects not only assets, but also the company itself from potential lawsuits or even having to pay out damages.
  • Business Automobile Insurance covers your vehicles and your employees driving the vehicles. This is essential coverage for any business that owns vehicles of any type. Traditional vehicle insurance does not typically cover vehicles used in a business setting or manner. So, it is important to make sure your vehicle is covered for commercial use!
  • Commercial Umbrella policies cover additional liabilities resulting from lawsuits or other damage. This is an extra layer of insurance designed to protect a company’s assets in the event of an unexpected situation that regular insurance may not cover. Commercial umbrella insurance is a great way to avoid the stress of wondering if your regular business insurance is enough coverage.

Because each business is different, commercial insurance policies are not one size fits all. In addition to the commercial insurance policies listed above, there are other policies you may desire, such as cyber insurance.  The size of your company, the type of business you are running, as well as your property and equipment owned all contribute to the type of business insurance you need. Your Lyndhurst NJ insurance agent at Bogle Agency Insurance will be extremely helpful in ensuring that your company’s insurance needs are met and your assets are covered

Learn more about NJ commercial insurance policies

Contact Bogle Agency Insurance today to learn more about business insurance in New Jersey. We welcome the opportunity to provide you with information on how to best protect your business and your assets. Let our knowledge and experience serve as your guide to NJ commercial insurance.

Winter Preparation for your Home & Business

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Is Your Home or Business Ready for Winter? | Bogle Agency Insurance

Preparing your home for winter | Bogle Agency Insurance

Is your home or business prepared for winter? This is an important question to ask yourself. Winter readiness can save you from undue stress and prevent you from having to perform costly repairs. . Snow loads and freezing temperatures are but two things that can do a number on a building or a property. Preparing your home and business for winter is important! Your Lyndhurst NJ Insurance Agency is a great resource for this process.

Whether you’re preparing your home for winter or preparing your business for winter, it doesn’t have to be challenging. For starters, you can take the time to make sure all outdoor plumbing is turned off and irrigation lines have been blown out. Frozen pipes can burst and cause significant damage. Ensuring that any pipes that are exposed to cold temperatures are insulated is important as well. While some homeowners insurance policies cover frozen pipes, you need to check with your insurance agent to make sure that you are covered in the event of burst plumbing in your house and property. Insurance companies say you should have your heating system checked regularly as well. Keeping a home or business warm is important! While you do not need to keep your home hot, it should be warm enough that the pipes cannot freeze!

It is also important to keep your gutters clear of leaves and ice. Blocked gutters can cause significant damage to your home such as major roof leaks, or permanently damaging your gutter system. Many insurance policies do not cover damages caused by clogged gutters. To prevent clogged or blocked gutters, you can use heat tape (heat cable) to prevent an ice buildup during the winter months. You can also hire a local gutter cleaning service to make sure your gutters are not clogged with leaves during the fall. Insurance companies also insist that you perform a seasonal check of your gutters to make sure you are not in danger of any potential damages.

A lack of preparation can hurt your home and business more than you know. If damage occurs to your home or business due to negligence, you may not be covered by homeowners insurance or business insurance. The lesson here lies in preparation. Planning ahead, taking precautionary measures and ensuring your home is up to par with regulations can help you ease your mind. Damages caused during winter months due to negligence, such as clogged gutters, are not usually covered by insurance. However, by taking precautionary measures, you can decrease the likelihood of damage and your own personal liability.

Learn more about Bergen County insurance and getting ready for winter

Contact our Bergen County insurance agents at Bogle Agency today to learn more about NJ homeowners insurance and business insurance. We welcome the opportunity to offer advice on how to prepare your home and business for winter. Let our knowledge and experience serve as your guide to Insurance in New Jersey and answer the question: is your home or business ready for winter?

 

Bogle Agency Insurance Has Been Selected as a Best Practices Agency For the 14th Consecutive Year!

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Bogle Agency 2017 IIABA Best Practices

Bogle Agency Insurance Included In IIABA Best Practices Study

Lyndhurst, NJ, August 17, 2017 – Bogle Agency Insurance retains its IIABA Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. This status comes by participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study group. The annual survey and Study of leading independent insurance agencies documents the business practices of the “best” agencies and urges others to adopt similar practices.

Since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, have join forces to study the country’s leading agencies in six revenue categories. The agencies comprising the study groups are selected every third year through a comprehensive nomination and qualifying process and awarded a “Best Practices Agency” designation. The agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.

The selected Best Practices agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. This is the second year of the current three-year study cycle, where over 1500 independent agencies throughout the U.S. were nominated to take part in the annual study in 2016, but only 262 agencies qualified for the honor. To be chosen, the agency had to be among the 35-45 top-performing agencies in one of six revenue categories.

This is the 14th consecutive year that Bogle Agency Insurance has received the Best Practices award!

 

Bergen County insurance agent

Life & Health

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Life Insurance, Health Insurance

Life & Health Insurance
Bogle Agency Insurance, your guide to insurance in Bergen County NJ

Life insurance and health insurance are two important policies for individuals and families to carry. Bogle Agency Insurance now has a complete life insurance and health insurance department. Since insurance is always evolving, having someone on your side who is up to speed on changes in the industry is essential. Because every plan is slightly different, It is very important to shop around for policies. The Bergen County insurance agents at Bogle Agency Insurance can ensure that your policy is the best policy for you at the best price available.

Life insurance options include whole, term, and combined options. Which NJ life insurance policy suits your needs or your lifestyle is based on the individual purchasing life insurance. Having experience on your side to evaluate your options and deciding which plan makes the most sense is extremely helpful. Likewise, health insurance options vary greatly. Your overall health is considered when you purchase insurance. Also, whether you are looking at individual, group, or family coverage matters when choosing health insurance in NJ.

Our Lyndhurst NJ insurance agency welcomes the opportunity to evaluate your insurance options. We offer a free review of your current life and health insurance to make sure your coverage is adequate and that it’s serving as the protection you need. Insurance is meant to be there when you need it and having the right coverage is a must.

Contact Bogle Agency Insurance today!

Contact our team at Bogle Agency Insurance today to ensure that you have the Bergen County life insurance and health insurance you need. Experienced insurance agents can be the difference between adequate coverage and excellent coverage. Our goal is to make sure you and your family have the best coverage at the best price!

Life Insurance Premiums

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Factors that Affect Life Insurance Premiums

Factors that affect life insurance premiums
Bogle Agency Insurance, answering all of your questions about life insurance

Factors that affect life insurance premiums include health and habits. Some factors may only increase your premiums slightly, but others can create a big difference. Anything viewed as a risk to your health and lifespan will affect the cost of your insurance policy. If you are worried about your eligibility or the cost of an insurance policy take the time to sit down with your NJ insurance agent. Your agent will be able to explain the differences between policies and what risks you have that will affect your premiums.

Personal Habits that Can Affect Insurance Policies

Habits that will affect your insurance include smoking cigarettes, drinking heavily, and overall risky behavior. Your age is an important factor as well. Purchasing a policy in your twenties is certainly cheaper than purchasing one in your forties. Usually, health concerns include high cholesterol levels, excessive weight, and disease.

Policy Details that Can Affect Insurance Prices

Another factor that affects life insurance premiums is the length of the policy; typically, a 30 year term is going to cost you more than a 10 year term. The longer the policy the more likely death could occur within its term, therefore higher premiums. All of the factors that affect the cost associated with a life insurance policy will be discussed with your Bergen County insurance agent. Take the time to evaluate your needs in a policy and what your goals are while also determining the risk you pose as the insured.

Why call Bogle Agency Insurance?

Bogle Agency Insurance is the authority on personal and business insurance in Bergen County and throughout New Jersey.  Contact our team today to learn more about life insurance and what you might expect to pay with your health and habits in mind. Our Bergen County insurance agents are educated, knowledgeable, and available to answer all of your questions. Let our team at the Bogle Agency help you feel comfortable with your life insurance options. We can help you choose the right New Jersey life insurance plans for you and your family.

Why Use an Insurance Agent?

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Bergen County NJ Insurance Agent | Bogle Agency Insurance

NJ business insurance
Bogle Agency Insurance, your Lyndhurst NJ insurance experts

Most people search for everything online these days, and insurance agents are no exception. However, it’s important to realize that search results simply cannot replace human interaction and local knowledge. If you are looking for a particular type of insurance in Bergen County, our independent insurance agents at Bogle Agency Insurance can help you find the coverage you need.

 

What Do Insurance Agents Do For The Customer?

In the simplest terms, an insurance agent works as a liaison between you and the insurance company, providing all of your administration needs and helping you find coverage that suits your needs. There are two types of insurance agents: captive and independent. Captive agents represent one company and independent agents provide a conduit to numerous agencies. Bogle Insurance Agency acts as an independent insurance agent, offering you access to numerous products from a variety of companies, ensuring that you get the coverage you need from the insurance company that will provide you with the best value and service. Insurance agents act on behalf of the insurance companies they are representing.

An insurance broker is a licensed and educated individual who has the ability to analyze the needs of a business. This is similar to an independent agent but in this case, a broker is required to hold a broker’s license. As a result, there is a higher liability associated with the license and the expertise a broker provides. There is often a charge associated with a brokerage as well in addition to the commission realized from the insurance company. Brokers represent the insured.

 

Deciding How To Choose Your Insurance Representative

 

The choice of whether you go with a Bergen County insurance agent or a broker is yours. Your top priority should be getting the coverage you need at a fair price and choosing a company with a solid reputation matters. Bogle Agency Insurance has extensive experience selling insurance in Bergen County. We represent a large number of insurance companies allowing us to help our clients select the best possible coverage and obtain the best pricing at the same time. In addition, our Bergen County insurance agency is a member of the American Insurance Marketing and Sales Society (AIMS), Independent Insurance Agents of America (IIAA), and Professional Insurance Agents Association (PIA). We have access to a limitless number of resources, are highly knowledgeable, and look out for the best interests of our clients.

Contact our team of Bergen County insurance agents today to learn more about your insurance options.

Bergen County Insurance, Coverage for Roofing Contractors

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Bergen County Insurance, Coverage for Roofing Contractors

Bergen County Insurance
Bogle Agency Insurance, Bergen County insurance coverage for home & business

Bergen County Insurance exists to cover individuals and businesses when casualties and unforeseen events occur. Roofing contractors are a prime example of a company benefiting from insurance. Roofing companies need quality coverage.  This protects liability with a product once installed, as well as any associated damage or defects. Having the right coverage is imperative.  Your NJ insurance agent will help you make sure your policy is comprehensive.

Roofing contractors in Bergen County can rest easy knowing their needs are met by Bogle Agency Insurance. Roofing issues that occur can trickle down to other aspects of a home, including the foundation. When issues go this far it is not only a big deal for a homeowner but for the roofing contractor as well. No roofing company wants to be caught without a Bergen County insurance policy in this event. A roof is an essential asset for any home.  When a roof replacement is fraught with issues a homeowner will react. If you own a roofing company in Bergen County NJ you need the right insurance coverage.

Bogle Agency Insurance will not only match your company with the right insurance package but also be there for you in the event a claim needs to be filed. What should you expect your policy to cover? Leaking, injuries, and issues related to design of the roof for starters. Protecting yourself, your company, and your employees is essential to running your Bergen County business.

Contact Bogle Agency Insurance TODAY

Contact our team at Bogle Agency Insurance today to learn more about Bergen County commercial insurance policies that will protect your roofing company. We welcome the opportunity to sit down and explain your options and determine the coverage that will keep your company safe. Let our knowledge and experience serve as your guide to Bergen County insurance, making sure you understand your coverage completely.

New Jersey Insurance Plans, High or Low Deductible

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New Jersey Insurance Plans – High or Low Deductible?

New Jersey Insurance Plans
Bogle Agency Insurance, Bergen County New Jersey Insurance Plans experts

An examination of New Jersey insurance plans may have you wondering whether to go with a high or a low deductible. This is a good question to ask yourself and your insurance agent when purchasing a plan.Customers should always weigh out the pros and cons of a high deductible vs. a low deductible carefully before signing up for a Bergen County NJ insurance policy.

A major benefit of a high deductible is the lower premium. This is great for a person who has a rainy day fund available. For those living paycheck to paycheck, higher deductibles could be a huge setback. Although no one can force the use of insurance, the reality is that it exists for protection against the unforeseen.

Low deductibles are available to help keep money in your pocket during an unfortunate event. This can offer great peace of mind in the event something occurs. However, a low deductible means a higher monthly premium. Consider your insurance policy carefully and discuss your options with your NJ insurance agent. The decisions you make now could affect you down the road.

Contact Bergen County insurance experts today

Contact our team at Bogle Agency Insurance today to learn more about a variety of personal and business insurance policies available. Our Bergen County insurance agents are educated, knowledgeable and available to help answer all of your questions. Let our team help you feel comfortable with your insurance options. We can be your guide to choosing the right New Jersey insurance plans for you, your family, and your business.

BOGLE AGENCY SELECTED BEST PRACTICES AGENCY FOR ELEVENTH YEAR

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 BOGLE AGENCY SELECTED BEST PRACTICES AGENCY FOR ELEVENTH YEAR

 

Announcement

In August 2014, Bogle Agency Insurance was selected as a Best Practices Agency!  This is our Eleventh Consecutive Year Being Selected!

bestpractices

 

Bogle Agency Insurance is part of an elite group of independent insurance agencies around the United States selected as a Best Practices Agency.

Each year the Independent Insurance Agents & Brokers Association (IIABA) and Reagan Consulting, an Atlanta-based management consulting firm, join forces to study the country’s leading insurance agencies.  The purpose of the Best Practices Study is to compile the operating statistics of the country’s leading insurance agencies.  To achieve this objective, the insurance agencies included in the annual study must first be nominated for participation by their peers and/or insurance companies to participate in this study group.  The insurance agency must then submit detailed financial and operational information which is analyzed, scored, and ranked objectively for inclusion in the study on the basis of operational excellence including growth, profitability, productivity, and financial stability.

Our insurance agency qualified for participation in this status by ranking among the top performers in the annual Best Practices Study conducted by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting.  Of the thousands of insurance agencies in the United States in 2014 less than 200 insurance  agencies scored high enough to qualify for this award.

We are pleased to have retained our Best Practices Agency Status, as one of the top performing insurance agencies in the country for the past 11 years.

Participation in the Best Practices Study has become a prestigious recognition of the superior accomplishments of the top insurance agencies.  Our inclusion with these other outstanding insurance agencies clearly recognizes us as an industry leader.

BestPracticesAgency_2013

 

Sincerely yours,

 

Bogle Agency Insurance

Philip R. Bogle