Author: george

Commercial Tow Truck Insurance Louisiana

Posted on by george

Commercial Tow Truck Insurance LouisianaIf you own a garage providing towing services or a tow truck company you need the best options for commercial tow truck insurance in Louisiana.

Jeff Davis Insurance provides insurance for thousands of individuals and companies in the state of Louisiana and you can count on us today and tomorrow when shopping for tow truck insurance in Louisiana.

Call 337-824-4455 to speak with our licensed representatives. 

Make sure Your Liability Limits Are Sufficient.

One of the most important steps that should be taken when shopping for tow truck insurance in Louisiana is to make sure you purchase sufficient liability limits to cover your financial interests.

For example one fairly large tow truck company operating in multiple states and offering 24 hour per day services, with revenues in excess of $4 million per year, only maintained at the time $1 million of auto liability insurance for its fleet of 22 vehicles.

As a business owner do you believe that $1 million of coverage would be sufficient to cover a company generating more than $4 million in revenue per year?

Example:  A driver working for this company after picking up an abandoned pickup truck at 6 AM in the morning falls asleep at the wheel and plows into a semi-truck that in turn strikes a minivan with two passengers on their way to work causing two fatalities in the minivan.

A subsequent investigation revealed that the driver had been working overtime for the tow truck company and had not slept in 24 hours because of the heavy workload he was under at his company.

A verdict of $3 million +3 million in punitive damages was assessed against the tow truck operation.*

Because the company only had $1 million in liability coverage they were forced to file bankruptcy and liquidate its assets and close its doors.

Could This Happen to Your Business?

While it’s likely true that an accident of this proportion would never occur to your business, what if something similar happened?

As an employer you are not only responsible for your own actions, but of the actions of your employees.

What if you were sued for an amount of money that exceeded your coverage limits on your Louisiana tow truck insurance policy?

Any amount of money not covered by insurance would be the responsibility of the business.

Because of this fact it’s important to choose your coverage limits wisely.

Need Commercial Tow Truck Insurance in Louisiana? 

We can not only help you find the coverage you need, but we can discuss how a commercial umbrella policy can give you added protection for your company.

Call 337-824-4455 to speak with one of our licensed agents when you’re shopping for better options on commercial tow truck insurance in Louisiana.

Louisiana tow truck insurance also available in the following communities:

  • Commercial Tow Truck Insurance New Orleans
  • Tow Truck Insurance Baton Rouge
  • Tow Truck Insurance Lake Charles
  • Commercial Tow Truck Insurance Shreveport
  • Tow Truck Insurance Lafayette Louisiana
  • Tow Truck Insurance Metairie Terrace
  • Tow Truck insurance Monroe Louisiana
  • Tow Truck Insurance Jennings

*This is a fictitious claims example.

Home Insurance Lafayette Louisiana

Posted on by george

Call Jeff Davis Insurance When You are Looking for Car or Homeowners Insurance in Lafayette Louisiana

Home Insurance Lafayette Louisiana When you are looking for car or home insurance in Lafayette Louisiana or the surrounding areas, call Jeff Davis Insurance at 337-824-4455.

We can help you find the coverage you need for a price typically lower than our competitors!

If it is more convenient please, use our online rate quote system for car or home quotes by clicking Insurance Lafayette Louisiana. In 5 minutes or less, you will have rates from top companies competing for your business!

In a previous article we discussed the following topic:

Child Care Insurance Louisiana – Is this Covered by my Home Insurance Policy?

In our previous article Ron and Tammy Bierson began to offer child care in their home and unfortunately one of the children being cared for was injured and the parents of the injured child filed a $500,000 lawsuit against the Bierson’s.

The Bierson’s file a claim with their home insurance company.  Will they pay for this potential $500,000 claim? Unfortunately, the answer is likely no for the Bierson’s. This is why:

A homeowner’s insurance policy is not designed to cover the business pursuits of policyholders. 

Please note how this is explained in one Lafayette Louisiana home insurance policy:

LIABILITY LOSSES WE DO NOT COVER 

  1. Coverage E — Personal Liability and Coverage F — Medical Payments to Others do not apply to bodily injury or property damage: 

Arising out of business pursuits of any insured. This exclusion does not apply to:

(1) Activities which are ordinarily incident to non-business pursuits;

(2) The occasional or part-time business pursuits of any insured who is under 23 years of age.

Some stay-at-home mothers want to make extra money by offering childcare or babysitting services for a fee.

This activity is prohibited by insurance companies for the very reason as outlined in this claim scenario.

Please note that in some instances childcare could be covered if one of the insureds is under a certain age, and this age can vary from company to company. (Don’t assume it is 23 years of age with every company)

The particular company cited above bases their age at 23.  Why is the age of importance?  This is designed for younger individuals such as teenagers offering childcare in their parents’ home.

It’s not intended for a commercial enterprise which was clearly the case for the Bierson’s and so likely a claim would be denied in this situation.

If you offer childcare in your home it’s best to consider purchasing the appropriate commercial general liability insurance, otherwise you may find yourself on the losing end of a lawsuit without any protection from your insurance company!

Choose Jeff Davis Insurance When You Need Home Insurance in Lafayette Louisiana!

We offer a homeowners coverage checklist that helps to identify gaps in insurance protection that could leave you in a very vulnerable position financially.

Call us today at 337-824-4455 or use our convenient online rate quote system in the links you see below:

We look forward to assisting you with your insurance needs!

Homeowners Insurance Lake Charles Louisiana

Posted on by george

Better Rates on Homeowners Insurance in Lake Charles Louisiana Are One Call Away!

Homeowners Insurance Lake Charles LouisianaJeff Davis Insurance has cared for the insurance needs of thousands of individuals, families, and businesses for more than 50 years!

Call us today at 337-824-4455 or use our online rate quote system that will automatically shop the market for you saving you both time and money!

This Is One Mistake You Should Avoid When Shopping for Homeowners Insurance in Lake Charles!

In a previous article we discussed the importance of insuring our homes properly.  Steve and Jodie Harrison purchased a new home and only bought enough insurance to cover what they paid for the home.

At first glance this seems logical. But it was a mistake that cost Steve and Jodie $12,000 out-of-pocket when a fire damaged their home.

When you buy a new Lake Charles homeowners insurance policy make sure you purchase enough coverage to rebuild your home exactly as it was prior to the loss based on current labor, current material costs, and local building and ordinance laws that may have been changed since your home was built.

Never insure your home for market value unless you want to be penalized by the insurance company!

The Homeowners Insurance Penalty You Need to Avoid.

Please note the contractual language of a typical Lake Charles Homeowners Insurance Policy:

Loss Settlement

Buildings covered under Coverage A or B at replacement cost without deduction for depreciation, subject to the following: 

a. If, at the time of loss, the amount of insurance in this policy on the damaged building is 80% or more of the full replacement cost of the building immediately before the loss, we will pay the cost to repair or replace, after application of any deductible and without deduction for depreciation, but not more than the least of the following amounts: 

(1) The limit of liability under this policy that applies to the building;

(2) The replacement cost of that part of the building damaged with material of like kind and quality and for like use; or

(3) The necessary amount actually spent to repair or replace the damaged building. 

So to summarize if you purchase at least 80% of what you should’ve purchased to rebuild your home the insurance company will settle your claim on a replacement cost basis, not actual cash value.

Losses settled on an actual cash value may leave policyholders on the hook to pay significant amounts of money out-of-pocket!

In our next article we will discuss why it’s important to review your coverage so you do not incur a significant penalty in the event your insurance amount falls below the 80% coverage rule by the typical company offering homeowners insurance in Lake Charles Louisiana.

Call Jeff Davis Insurance Today When You Need Lake Charles Homeowners Insurance!

You can reach our licensed agents by calling 337-824-4455 during normal business hours. (8:30 A.M. – 4:30 P.M.) Or use our online rate quote system and you click on:

JDI Protection Letter

Posted on by george

If you are looking for the best insurance agency in Louisiana, there is no need to look anywhere else! Call Jeff Davis Insurance at 337-824-4455 and speak with one of our friendly team members.

We offer  important services that are designed to help you better understand your insurance policy. For instance we offer a monthly newsletter called the JDI Protection Letter.

Please listen to our  podcast below to learn how this service benefits you.

JDI Claim Advocacy Program

Posted on by george

Looking for the very best insurance agency in Louisiana? Call the Jeff Davis Insurance Agency at 337-824-4455. We offer important services to our clients that can make a big difference at claims time. One such service is our Claims Advocacy Program.

Please take a moment to listen to what is offered with this powerful service.

JDI Coverage Checklist

Posted on by george

If you are looking for the best insurance agency in Louisiana call Jeff Davis Insurance at 337-824-4455.

Not only do we offer great pricing for car, home, life, and business insurance but we also provide 4 unique services you will not find with other agencies, and one of our important services is our JDI Coverage Checklist.

Auto insurance Eunice La

Posted on by george

When shopping for home or auto insurance in Eunice Louisiana or the surrounding areas contact the experts at Jeff Davis Insurance.

As a leading independent insurance agency we can help you find the coverage you need affordably.

Call 337-824-4455 or click on automobile insurance Eunice La for immediate quotes and coverage.

Important Steps to Avoid Overpaying on Auto insurance Eunice La.

In 4 previous articles we discussed steps you can take to prevent overpaying on automobile insurance in Louisiana. You can read the previous articles by clicking on bad credit, wrong car, and claims to avoid and our last article discussed avoiding the need for speed.

Lead Foot Larry accumulated five speeding tickets over 18 months and was rewarded with a big fat cancellation notice from his insurance company.

Lead Foot Larry finds himself in a bad situation because he goes from paying $80 per month to more than $280 per month.

In Larry’s mind this increase is outrageous and he’s not going to pay it, so he decides to drive without insurance.

Driving Without Car Insurance in Louisiana Is Always a Bad Idea.

Lead Foot Larry to his credit did try to find lower prices on car insurance in Eunice Louisiana where he is now living.

However, the best insurance rates he could find was about $280 per month with a $1000 deductible.

Lead Foot Larry decides to skip paying the higher insurance premiums and drive without Insurance reasoning that he has no assets, and no money in the bank so if he causes an accident, they can’t get anything from him anyway.

Bad News for Lead Foot Larry…

Two months after his car insurance policy lapsed Larry receives a notice in the mail from the state of the Louisiana that his driver’s license is being suspended because the state electronically monitors insurance cancellations, which Larry was not aware of.

Now Larry is a bit of a spot because his driver’s license has been suspended. Larry needs a car to get back and forth to work and to the store for groceries.

To be truthful Larry could have afforded the $280 per month for car insurance in Eunice Louisiana but he was too prideful to pay the money so he decided to take a chance of driving without insurance.

Now he’s in worse trouble because his driver’s license has been suspended and to reinstate he needs to pay a fine to the state of Louisiana. Plus the best car insurance rate he now finds is $375 per month because he let his insurance lapse!

Lead Foot Larry’s choices are limited.   He can either give up his driving privileges until his record clears up, or scrape together the $375 each month because he let his insurance lapse not to mention the five speeding tickets on his driving record.

What Lesson Can We Learn about Driving without Insurance?

Don’t do it.  The state of Louisiana monitors individuals who lapse their insurance and your driving privileges will be revoked.

Additional penalties can occur if you are caught driving under a suspended license not to mention the fines and penalties you will need to pay the state to reinstate your driver’s license.

Even if you have a few bumps on the road don’t let your insurance lapse, insurance companies will additionally penalize you when you drive without insurance.

Need Good Rates on Car Insurance in Eunice Louisiana?

We can help at Jeff Davis Insurance.  Even if you have been caught driving without insurance or you have multiple tickets and accidents we can help you find great car insurance rates in Louisiana for those of us who have a few hits on a record.

Call 337-824-4455 and speak to our licensed agents and we can help you acquire the insurance you need or use our convenient online rate quote system when you click on auto insurance Eunice Louisiana.

Car insurance quotes are also available in the following areas:

Car Insurance Lafayette Louisiana

Posted on by george

paige3By typing car insurance Lafayette Louisiana, or its variation into the search engine that might indicate that you’re looking for better rates, a better agent, a better company or all three for your home or automobile insurance in Lafayette Louisiana! 

The good news is that we can provide all three to you! 

Jeff Davis Insurance has been serving the needs of thousands of individuals, families, and business owners for more than 50 years in the state of Louisiana. 

Call 337-824-4455 to speak with our friendly licensed staff or in 5 minutes or less receive an online quote by clicking on Lafayette Louisiana Car Insurance.

Steps to Avoid Overpaying on Car Insurance Lafayette Louisiana!

In three previous articles we discussed ways to avoid overpaying on car insurance. You can click on bad credit, wrong car, and claims to avoid learning three steps to keep your premiums low. 

Today we are going to discuss your driving record; does it matter if you accumulate many tickets and accidents on your record? 

Let’s find out. 

Do You Feel the Need to Speed?

Lead Foot Larry is always running behind schedule. Because of this fact, Larry in the last 18 months has accumulated five speeding tickets and his insurance company just learned of Larry’s insatiable need for speed and decided to cancel his car insurance policy. 

Lead Foot Larry’s car insurance company rewards him with a cancellation notice. 

Prior to Lead Foot Larry’s 5 speeding tickets he was paying only around $80 per month for his car insurance. 

Now the cheapest price lead foot Larry can find is $280 per month. 

Ouch!  Lead Foot Larry is rewarded by receiving more than a 300% increase in his premium because he feels the need to speed. 

What Is the Simple Reason Why Insurance Companies Raise Premiums When You Add Tickets to Your Record?

Speeding can lead to the loss of control of motor vehicles, which leads potentially to accidents and injuries.  

For this reason insurance companies will aggressively raise rates or cancel policies when you feel the need for speed, and get caught!

What Can You Do to Avoid Speeding Tickets and Other Moving Violations?

Purchasing a radar or laser detector is not the answer. The best way to avoid tickets and other moving violations is to slow down, leave for work or school early, pay close attention to your speedometer, and make it a goal to obey the speed limits at all times. 

Taking these steps will help you avoid speeding tickets and other moving violations and huge rate increases on car insurance in Lafayette Louisiana.

Call Jeff Davis Insurance If You Have Multiple Tickets and Accidents!

Even if you have tickets or accidents we can help you find better rates.

Call 337-824-4455 and speaking with our friendly and knowledgeable agents and we will help you save money on your car insurance in Lafayette Louisiana.

If after hours click on Automobile Insurance Lafayette Louisiana for online quotes available 24 hours per day. 

Need car insurance in any other areas a Louisiana? Click on the links below for instant rate quotes:

Lake Charles Renters Insurance

Posted on by george

renters insurance CincinnatiNeed Renters Insurance in Lake Charles Louisiana?

If so call 337-824-4455 and speak with the professionals at Jeff Davis Insurance.

Or if it’s more convenient use our online rate quote system when you click on Renters Insurance Lake Charles La.

Please note that when you combine your renters insurance with a car insurance policy in Lake Charles we can give you a huge discount that in some cases will pay for the entire cost of your renters insurance!

If we do not already care for your car insurance make sure that you receive a combination quote for car and renters insurance with one of our insurance companies.

What Is Renters Insurance and Why Do I Need It?

Renters insurance gives you insurance protection for your personal property. Please note one company definition:

We cover personal property owned or used by an insured person anywhere in the world. This includes items not permanently attached to or otherwise forming a part of the realty. When personal property is located at an insured person’s residence, other than the residence premises, coverage is limited to 10% of the Coverage C – Personal Property coverage limit, or $1,000 whichever is greater. This limitation does not apply to personal property in a newly acquired principal residence for the first 30 days after you begin to move property there.

Ok, so a Louisiana renters insurance policy covers your personal ‘stuff.’

So for instance fire is a covered peril on a renter’s insurance policy. If you live in an apartment building and your next-door neighbor sets their kitchen on fire, and that fire also spreads to your apartment, your renters insurance policy will pay to replace your personal contents up to your policy limit.

However just like all insurance policies have limitations and exclusions of coverage renter’s insurance policies are likewise the same.

Limitations of Louisiana Renters Insurance.

Coverage only applies to losses that named in the insurance policy. This is also known as a named perils insurance policy. Typically there are 15 different claim events covered by a renters policy.

An optional endorsement might be available with some insurance companies that would provide what is sometimes called “all risk coverage.” This endorsement does not restrict coverage to only 15 possible events.

There are additional exclusions and limitations of coverage that would be important for you to understand when you’re looking to purchase renters insurance in Lake Charles Louisiana.

Call Jeff Davis Insurance When You Need Lake Charles Renters Insurance Coverage.

Please call our office at 337-824-4455 for more details about your available options or click on Louisiana renters insurance quotes for an online quote 24 hours per day.

As a top-rated independent insurance agency in Lake Charles we can help you find the coverage you need for both renters and car insurance in Lake Charles as a combined policy.

Need renters insurance in other areas? Click any of the links below: