Your car may not be the most valuable asset, but may be one of the most significant assets in your life. It is what takes you to every destination you desire visiting every day. Living without a car in South Carolina can be stressful but worse if you lack auto insurance. With auto insurance, you protect yourself and your vehicle in case of a road accident.

After using almost all your savings to purchase a new vehicle, the last thing you would wish as the owner is taking up another loan to repair it or pay your hospital bills after a crash. At Allsurance Group, we help you stay safe, protect your savings, and lead a more comfortable life with auto insurance. So what coverage options  are available in auto insurance?

• Bodily injury: Pays for the expenses associated with other people’s injuries.
• Property damage: Sometimes a car may crash into some else’s business apartment or rental apartment or even a home. This policy repays all losses.
• Uninsured/underinsured: Not all drivers are responsible, and for this reason, you may find yourself in a compromising situation where the driver who hit your car is either uninsured or not insured enough. Irrespective of who is at fault, this policy will take care of all your loss and medical needs.
• Comprehensive:  This coverage protects the car and pays for any damages or other issues lie theft.
• Collision: In case you bump into an animal on the road, a stone, tree or even another motorist, collision coverage will help repair or replace the vehicle based on the wreck.

Purchasing auto insurance is one of the greatest and most essential financial decision one could ever make. If you have challenges deciding on premiums, Allsurance Group in Spartanburg, SC will guide you in the selection. For quotes or new policy, discussions visit us or call our customer care agents.

Restaurants in Spartanburg, SC, need insurance just like any other commercial business. There are a number of reasons why restaurants need insurance. Kitchen disasters can happen regularly. One small fire, and you could be forced to shut down until it’s fixed. Injuries can happen at any time, whether it’s a slip and fall from spilled drinks or a waiter having an off day and spilling a pot of coffee on a guest. With liability coverage, you will be protected and avoid a major lawsuit. Liability coverage will also protect you if a guest seeks damages for food poisoning. Not only can guests get injured on the job, but so can staff members, which is why workers compensation insurance is important.

Restaurants should at a minimum have these types of common insurance: general liability, commercial property, workers compensation, and liquor liability. Liquor liability is recommended if your restaurant serves alcohol, so you aren’t held liable of an inebriated person causes damage to another person or property. There are also different types of policies restaurants can discuss with their agent at Allsurance Group. These include food contamination insurance and loss of business insurance. Food contamination insurance can help you if food spoils or is exposed to various types of contamination in a situation beyond your control. Loss of business insurance can help you if your restaurant loses sales under certain circumstances. Many restaurants are also suffering cyber security hacks, so you may want to consider cyber insurance to cover any costs that are associated with a data breach. While there are certain policies that make sense for a restaurant, there is no one-size-fits-all approach to make sure you have adequate coverage, and insurance needs can depend on the size, location, and nature of your restaurant.

Contact Allsurance Group serving Spartanburg, SC, to get a quote on insurance for your restaurant.

Is your Spartanburg, SC business fully protected?

When problems occur, the insurance experts at Allsurance Group want to make sure your business is strong enough to weather the storm. Here are some common problems that business owners encounter and how commercial insurance policies help ease the burden.

• A small neighborhood strip mall is home to a bakery, used car lot, and several retail stores. One night, a baker accidentally leaves an oven on. In the morning, the entire property has been reduced to ashes. The bakery’s general liability policy will cover most of the damage caused by the fire. Each business may receive a payout from their own policies, depending on the unique details of their contract. If the car lot owner has dealer coverage, they can have their entire inventory replaced without risking their personal capital.
• An entrepreneur invents and markets a miracle product. However, it is soon discovered that this product causes a mild yet adverse reaction. Product liability coverage would help that entrepreneur pay for legal defense. It would also provide funds for any court-ordered medical bills or restitution. 
• The local pizza shop decides to offer delivery service. They may think it’s a smart move to cover the delivery vehicle under a personal auto insurance policy. However, if an accident occurs while the vehicle is being used for business, they may not be able to recoup their costs. A commercial auto insurance policy protects your business vehicles and workers.
• Slip and falls happen frequently. A general liability insurance policy protects you and your visitors from unfortunate events. These policies pay for medical care and legal fees.
• Even the most comprehensive insurance strategy has holes. Cover them with a commercial umbrella insurance policy. This low-premium coverage ensures you always have enough cash to rebuild, replace, and move forward.

Contact the experts at Allsurance Group in the Spartanburg, SC area for more information on business insurance policies.

From the startup phase to the major corporation phase, commercial business insurance should be included in your budget. Insurance provides you peace of mind and covers you in the event of an incident. In Spartanburg, SC, Allsurance Group can help cover your business and protect it, and your personal liability, from potential litigation.

How can you protect your personal wealth and assets from your company’s liabilities? Here are a few tips:

• Have sufficient liability insurance: Forbes suggests personal umbrella liability coverage and business umbrella coverage, depending on the circumstances

• Keep your personal assets and business assets separate

• Protect yourself personally from renters and liabilities surrounding rental properties

• Review all jointly held accounts, and ensure your business name is on all business accounts, but not on your personal ones

• Have it in writing: formalize informal partnerships, only hire contractors who are insured & bonded, and get everything under contract and in writing

• Ensure you have filed with the correct business entity (i.e. LLC, S or C corporation, sole proprietorship, etc)

The idea behind asset protection is to shield your personal assets and finances from business claims or creditors. Asset protection plans put into place legal strategies before a lawsuit or claim happens, and can help to deter a potential claimant from suing you and/or your business and help prevent seizure of your personal assets after a judgment. Investopedia details two types of claims, internal and external, and how your assets need to be protected from both. In short, you should protect your company from a lawsuit should a liability occur on company property, and you and your company’s property should a liability occur outside company property. Knowing which kind of claims can be filed against you can help to protect your assets.

It is important to talk to an insurance agent to understand what kind of assets you have, what needs to be protected, what kind of claims can be made against you, and what you need to do to ensure your personal property and wages are protected against garnishment and seizure in the event of a suit.

Allsurance Group offers a range of policy options for those around South Carolina. Some of which include:

• Liability coverage

• Insurance for products you sell

• If you operate your business out of your home

• Insurance for outstanding loans

• Umbrella coverage, for that extra piece of mind

If you’re unsure if you’re covered completely, or want to check up on your policy, contact Allsurance Group today, or visit our offices in Spartanburg, SC.

There are a plethora of commercial insurance options available to you, and a chat with an insurance agent is a great way to narrow down your options. If you’re in the Spartanburg, SC area, you can meet with an agent at Allsurance Group. However, while you’re considering visiting an agent, look over this list of four important questions that a potential commercial insurance buyer should ask.

1. What Properties Should I Ensure?

While your specific insurance needs will vary, you’ll likely want to consider ensuring the following:

• Equipment, supplies, furniture, and electronic devices like your computers
• Intellectual property and trademarks
• Your building and vehicles

2. Is Commercial Insurance Necessary for Me?

Even if you don’t have a lot of assets, commercial insurance is still valuable. If you have any property that’s stolen, broken, or damaged, property insurance helps offset the cost of replacing the items. However, commercial insurance offers more than protection against material loss. Liability insurance provides protection against a variety of issues, including lawsuits from customers or clients, damages caused by you or your possessions, or interrupted income.

3. How Could I Lower My Premiums?

While you’re looking for commercial insurance in the Spartanburg, SC area, ask your Allsurance Group insurance agent about ways that you could lower your premium. If your business already takes steps to reduce risk, you’re likely to qualify for discounts. Some of the ways that businesses demonstrate that they’re reducing risk include installing a security system, training employees, following fire safety precautions, and using the services of a risk manager.

4. What Type of Commercial Insurance Do I Need?

This is an important question to ask your agent. Most companies need general liability, property insurance, and worker’s compensation, although, based on your business’s specific needs, you may want to add more coverage. Your agent will be able to help you make the best decision for your unique situation.

Reach out to our agents to learn more about commercial insurance in South Carolina. We are waiting to answer your questions and get you a quote.

Commercial insurance is a must for anyone who owns a business in Spartanburg, SC. Why? Because you never know what the future could bring. Some things are simply out of our control, and that’s where commercial insurance starts. No matter what happens, your business is protected as long as you have the right insurance. Whether you’ve been in business for a day or decades, here are three reasons you need commercial insurance in Spartanburg, SC.  

Employee Injury

• Scenario: You own a retail store, and an employee is mopping up after closing when she suddenly slips and falls causing injury to her back. She decides to sue. If you don’t have commercial insurance to cover the costs of litigation, medical expenses, and more, you could easily lose your business in the process. With commercial insurance, however, you can have peace of mind knowing that you are protected if an employee suddenly gets hurt.  

Theft

• Scenario: It was a fantastic season, and your tourist business did well. Now it is time to close up shop and be a tourist yourself. While you are on vacation in Tahiti, your business is broken into, and everything is stolen. Without commercial insurance, you would be out of luck. There would be no way to recoup what you lost – unless the police catch the criminals and recover the stolen goods.  

Property Damage

• Scenario: A lighting storm strikes the neighbor’s tree, and it falls on your roof, putting you out of business. If you have commercial insurance, there will be no need to worry. Your policy will cover the damages, and you’ll be back in business in no time.

To learn more about commercial insurance, contact the Allsurance Group.Our friendly, reputable agents have been helping satisfied customers purchase commercial insurance for a long time. You can reach Allsurance Group today at 864-641-6371.

Security lighting is essential when it comes to keeping your commercial property protected. Thieves and vandals do not want to be seen and typically will not target commercial properties in Spartanburg, SC that have sufficient outdoor security lighting. Here are more benefits of security lighting for commercial properties:

Make Your Property Safer for Employees and Customers

Aside from keeping thieves and vandals at bay, having the proper security lighting outdoors will help employees, and customers feel safer when walking to their cars at night in a parking lot. All in all, security lighting helps prevent attacks on both employees and customers when you run a business that is open during the evening and early morning hours. For an effective deterrent, you can’t go wrong with commercial security lights. Bright outdoor lighting will also help prevent slips and falls by customers and employees. People will be able to see any obstacles in their path that could cause them to suddenly trip and fall, this could prevent an injury for which you could be found liable. When you look at it this way, it makes sense to prevent these costly scenarios by installing security lighting on your commercial property.   

Ask about Insurance Discounts

Some insurance companies may offer an insurance discount for making your commercial property safe and secure with professionally installed security lighting. To find out more, contact the Allsurance Group who serves the Spartanburg, SC area. Our friendly agents can discuss your recent installation of security lighting and your current commercial policy. To speak with a friendly, reputable agent at Allsurance Group call 864-641-6371 today.