What type of life insurance plan do you need?

Death and taxes are definite factors in life. People in Twinsburg, OH seem to settle on the fact that paying taxes is imminent. Death, however, is something that many avoid. You do not have to focus on the notion of dying. You should, however, ensure that your affairs are in order so that your loved ones do not have to live with the reality of debt and financial insecurity after you die. 

The agents at Quest Financial and Insurance Services can help you find the life insurance policy that best fits your lifestyle. Read on to learn more about life assurance plans. 

About Term Life Insurance

Term life insurance is one of two assurance options that pay for final costs upon the death of the policyholder. You cannot borrow against a term indemnity policy and, thus, pay less per month to have the plan. Younger individuals who are single may benefit from term life insurance since the aim in such a life situation is to ensure that debts are taken care of in the unfortunate instance of death. Individuals over the age of 75 may also consider term life insurance as a viable option if they decide to purchase a plan later in life. 

Whole Life Insurance

Who life insurance, better known as permanent life assurance, pays the policyholder’s beneficiary in the instance of death just like a term life insurance policy. The difference between whole life insurance and that of its limited counterpart, however, is the benefits that the policyholder may access during his lifetime. Many whole life indemnity plans let the policyholder cash out the interest that accrues on the policy. Thus, a whole life insurance plan is the ideal choice when you have a family who depends on your income to survive. 

Death is not a subject that many want to discuss in Twinsburg, OH. It is important, however, to come to grips with the reality of life being finite. Let the agents at Quest Financial and Insurance Services get you ready for the inevitable with a life insurance plan that fits your lifestyle. Call today to get started with a quote!

New Business? What Kind of Commercial Coverage Do You Need?

You finally opened your new company in Twinsburg, OH and are ready for business. Your next step is obtaining commercial insurance coverage to protect your investment. By discussing your insurance options with an agent from Quest Financial and Insurance Services, you can get a better idea of the coverage you need. We can customize a commercial insurance policy to protect your particular interests.

Types of Commercial Coverage

At Quest Financial and Insurance Services, we recommend small business owners obtain Property Insurance and General Liability protection, to begin with. If you have one or more employees, you’ll also need Worker’s Comp coverage to protect your workers.

Property Insurance protects your business building, equipment, and inventory against such perils as storm damage, fire, vandalism, and theft. When getting property insurance protection, consider what risks your business faces and make sure your policy covers those risks.

General Liability coverage protects you against accidents customers may have on your business property. If a customer slips and falls at your business site and suffers injuries, your company could be held liable for damages. Liability covers medical expenses of accidental injuries and legal fees if you are sued for damages.  

Worker’s Comp protects your employees against accidents on the job. It also covers lost wages while they’re recuperating from their injuries. This can save you thousands of dollars from your business assets.

Benefits of Small Business Insurance

By covering liability and property damage claims, commercial insurance protects your business assets so your small business can grow and prosper. For your convenience, we offer a Small Business Owner’s Policy (BOP) that covers both of these aspects in one policy.

To learn more about commercial insurance for your Twinsburg, OH business, contact an agent from Quest Financial and Insurance Services today.

Should an Addition to the Family Equal An Addition to Your Home Insurance Protection?

There has been an addition – how does it affect my insurance policy? If you came into our offices located at 10574 Ravenna Rd, 3rd floor Twinsburg, OH 44087 and asked that question, the first thing one of our agents at Quest Financial and Insurance Services would ask is

"What Exactly Do You Mean by an Addition?"   

In addition to the family may mean a structural addition to the family home.  By all means come into our office and discuss the addition. Structural additions to your home or any major renovation is a great time to review your home insurance policy to make certain that there are provisions for any liabilities that may occur in the process. A new pool for example brings a myriad of home insurance concerns and new responsibilities for the homeowner.  

If the addition to the family is a new person or a family pet – yes again – come in and speak with your agent. There may be specific details that would mean you have to increase coverage. In the event that coverage does not need to be increased it’s important to review the policy to make certain that there are no areas of vulnerability.

 Though Twinsburg OH is our home it doesn’t stop us from roaming the whole country in order to serve the best customers ever. We all dilligently serve our customers in the state of Ohio, California, Oregon, Washington, Colorado, Texas, Nevada and the beautiful State of Florida. Call our staff at 855-857-9500. The agents of Quest Financial and Insurance Services are knowledgeable, courteous and eager to help you solve all of the mystery surrounding your insurance and make it the peace of mind it is intended to be. 

Don’t Neglect These Commercial Insurance Extras

You own a business in Twinsburg, OH and already have a high-quality commercial insurance policy. However, we at Quest Financial and Insurance Services provide many extra coverage options that may be beneficial for business owners in your area.

Business Income Policies

Your business generates a certain level of income every day that you need to stay solvent. But when you are forced to close down due to serious damage to your building, you’ll lose that cash flow. Thankfully, business income insurance coverage will protect you by providing payments that keep you financially solvent while you repair your business and get it reopened.

Employee Dishonesty Riders

Not everybody is honest all of the time, which can be a major problem for your business. If your employees are dishonest, you could end up being sued because you are liable for their actions. Thankfully, employee dishonesty coverage protects you from lawsuits.

Non-Owned Auto Coverage

Your business auto insurance will cover any vehicles that you own. But what about vehicles that your employees own? Cover the damage they cause during business hours with non-owned auto coverage. Remember, though, that this policy will protect you from liability and lawsuits but won’t repair an individual’s car: that’s on the driver’s personal auto insurance.

Used Merchandise Protection

If you deal with any type of used merchandise, you need to buy specialized extra insurance policies to protect it. For example, pawn shops or record shops that sell used CDs and DVDs should buy this type of policy to protect themselves from lost income.

Expand Your Policy With These Rider Options

If you are interested in adding these riders to your Twinsburg, OH business insurance policy, please contact us at Quest Financial and Insurance Services. Our professionals will work hard to identify the best policies for your needs.

3 Reasons You Can Afford Renters Insurance

Renters insurance is an expense that many renters can’t justify. They may be trying to save for a home or they may just want the extra money to spend on their lifestyle. But failing to buy renters insurance may be more costly than people realize — which is ironic considering it’s one of the most affordable kinds of insurance! If you’re living in Twinsburg, OH, here are three reasons why you can afford renters insurance. 

It’s Inexpensive 

As mentioned, renters insurance in Twinsburg OH is really one of the most affordable types of insurance a renter can buy. What you pay is based on where you live and what you own, but chances are, you’re vastly overestimating how much it’s going to cost. 

You Can’t Afford NOT to Have It 

Your laptop, your clothes, your jewelry — it can all be gone in the blink of an eye before you ever have a chance to protect it. Just one fire or theft can take everything away, making it far more expensive to replace than it is to buy the renters insurance in the first place. 

You Have a Partner 

When there’s an unexpected disaster, renters need someone to call who can jump into action. Queste Financial and Insurance Services has seen people’s lives unended simply because they passed on insurance.  Rather than relying on a relative or a friend to put everything right again, a quality insurance company can be the key to putting the wrong right again.

If you have any questions about renters insurance, call Quest Financial and Insurance Services today. Our staff is here to help you understand more about how renters insurance works, why it’s valuable, and what it will cost you should you choose to get it.  

Does Motorhome Insurance Cover Your Belongings?

If you are ready to set out on the open road, you should consider a few points of interest, primarily your insurance coverage. If you have motorhome insurance, you may not know if your belongings are protected during a covered event. Always know what your policy covers to help protect the things that are important. 

Personal Belongings

If you have rented or purchased a motorhome, you likely will have standard coverage. In many cases, however, the standard coverage doesn’t cover your personal belongings. It may cover the actual vehicle, but not the appliances and personal items inside of the motorhome. If you have a considerable amount of personal items with a higher value, then you should speak with your insurance agent about adding additional insurance to provide coverage for those high dollar items you have inside the motorhome. 

Finding The Best Coverage

The best way to get the right type of coverage for your belongings is to work with a good insurance agency with knowledge and products designed to help you protect what is important. If you are planning to go on a trip in your motorhome, don’t leave without speaking with your agent first. If you live in the Twinsburg, OH area, you can work with Quest Financial and Insurance Services to find out what coverage options are available to you.

Be prepared before taking your motorhome trip. Speak with an agent today about your motorhome coverage and find out if your belongings are protected. Twinsburg, OH residents should stop by or call the office of Quest Financial and Insurance Services to find out more about options and coverage.

Is Comprehensive Motorcycle Insurance Required in Ohio?

Many Ohio residents are misinformed about the state’s insurance requirements for motorcycles, and think that they do not need anything above minimal damage coverage. In fact, you will need coverage for bodily harm as well as liability and vehicle damage protection. Don’t be misled by other motorcycle owners that claim that you simply need coverage equal to the value of your bike. The best approach when you are considering purchasing a motorcycle or are looking to upgrade your current coverage in the greater Twinsburg, OH area, is to sit down with one of the professional agents at Quest Financial and Insurance Services. 

Comprehensive Motorcycle Insurance is a Must

Owning a motorcycle can provide a lot of hours of enjoyment, and offers an experience like no other. What better way is there to spend a sunny afternoon exploring the area that we call home? With such experiences comes the responsibility to protect yourself, your bike and passengers, and other motorists on the road. Comprehensive motorcycle insurance provides protection for you and those around you, and allows you to enjoy the peace of mind that comes with knowing that your policy provides the coverage that you need. There is a wide range of coverage options available, depending on your level of risk, and the amount of protection that you believe is appropriate for your unique situation. Working with a qualified insurance agent can help you determine the level of coverage you need and which policy best suits your needs.

Are you thinking about purchasing a motorcycle, or are you unsure if your current policy provides adequate coverage? Contact the team at Quest Financial and Insurance Services today to schedule a consultation. We are proud to work with our friends and neighbors in the greater Twinsburg, OH area!

Types of RV Insurance Coverage

A recreation vehicle, commonly known as RVs, presents one of the best ways to see the country. Like in many states in the US, auto insurance is mandatory in Ohio. Therefore, you are required to have auto insurance before you hit the road. You may or may not be required to have insurance on your RV depending on a number of factors. Usually, the liability coverage you have on your car also applies for the RV attached to the back of the vehicle.

Therefore, according to most state laws, RV insurance is optional since RVs are towed behind the vehicles and are not driven by themselves. However, it’s always a good idea to have additional coverage on your RV. There are a lot of options to choose from when it comes to purchasing additional RV insurance for your camper. Twinsburg, OH, Quest Financial and Insurance Services offers all types of RV insurance you need to ensure that your motorhome is adequately covered.

Coverage Options

As stated above, there are a lot of options to consider when it comes to purchasing RV insurance. The coverage is optional depending on the type of RV you are driving. However, you may be required to carry full RV insurance if you took out a loan to purchase the RV. A standard camper coverage includes comprehensive and collision coverage to cover physical damage. Insurance providers often offer specialized coverage on top of the standard set of RV policies.

Specialized RV coverage is extremely important in times of loss. If your RV policy does not include personal effects and custom equipment in your RV, an accident that results in total loss can be very expensive. There are many types of RVs. It’s hard to determine the type of coverage you need. Get in touch with experts at Quest Financial and Insurance Services in Twinsburg, OH for assistance.

What you Need to Know about Boat Insurance

When you buy a boat in Twinsburg, OH one of the many costs you face is boating insurance. Before you sink any money into a policy, talk to the experts at Quest Financial and Insurance Services. Here are some of the basic facts you’ll need to know to get started: 

Collision damage: This covers the cost to replace or repair your craft, but typically excludes wreckage clean-up.
Property damage liability: Pays for damage you cause to another craft, dock or property while operating your boat.
Bodily injury liability: Covers injuries you incur when someone else operates your boat, including medical bills, legal costs and lost income.
Comprehensive: Covers situations where your boat is stolen, vandalized or damaged other than in a collision.
Additional options cover oil spills, personal property, and roadside assistance while you transport the craft. You can also get coverage for injuries and damage caused by uninsured boaters.

Specific Boat Insurance Coverage

The specific coverage you need depends on the type of boat you have and the requirements of the lender. However, here is a listing of the more typical coverage types to consider. 

  • Specialized Coverage pays for specific items listed in the policy, such as expensive propellor or navigation system.
  • Salvage Coverage ensures the cost to move your boat when it’s been substantially damaged.
  • Consequential Damage is for loss resulting from regular wear and tear rather than a collision and includes mold, rot, and corrosion.
  • Towing to safety can cost $400 per hour, so be sure to include this if your boat frequently.
  • Cruising Extension pays for additional coverage on extended cruises outside US waters.

Talk to your agent at Quest Financial and Insurance Services in Twinsburg, OH regarding the best coverage for your boat.

Understanding How Umbrella Insurance Can Protect You and Your Family

Protecting your family from unwarranted and unwanted litigation is possible through personal umbrella insurance, a fact that many people do not know. If you are a high net worth individual, there is no reason for you to not have an umbrella insurance policy in your portfolio. The team at Quest Financial and Insurance Services in Twinsburg, OH is here to answer any of your questions relating to personal umbrella insurance and how it can help to protect your family.

How a Personal Umbrella Insurance Policy Can Protect Your Financial Interests

An umbrella policy is a sort of backstop to your primary liability insurance policy. If you or your family is involved in a lawsuit, the coverage and protection provided by your primary policy can be exhausted. If the damages brought against you are more significant than the coverage of your primary policy provides, then your secondary, or umbrella policy, can be utilized to fill the gap. This coverage can mean the difference between having necessary coverage and having to cover litigation damages out of pocket.

Liability cases can be ruinous to families that do not carry adequate coverage because they are often required to cover damages with their funds. When you have a personal umbrella policy in place, your fortune is protected up to the amount of coverage provided by both the primary and secondary policies. It is essential to review your liability coverage to ensure that you are carrying adequate protection.

Interested in learning more about the role that personal umbrella insurance can play in your overall insurance portfolio? Contact Quest Financial and Insurance Services here in Twinsburg, OH to set up an appointment to meet with one of our knowledgeable agents.