How Do I Know What My Home Insurance Covers?

Home insurance can be a bit of an enigma if you’re a first-time buyer. Those who inherit entirely paid off homes from other people may be surprised to find out that home insurance isn’t even required if you’re not financing from the bank! This should tell you that the number of policies available are as varied as the number of home styles and colors. 1 Source Insurance wants to inform you of what is normal when it comes to home insurance and what you can do.

What’s Normal

Most people are still paying off their home, which means that they need coverage for both the property structure and the grounds. Essentially, the bank wants to make sure that there’s a way to retain the value of the home even in the case of a horrible natural disaster or accident in Atlanta or Dallas, GA. However, that’s about as far as insurance coverage will go. It doesn’t have to include your property or what’s known as general liability. That means that if your mail person ends up breaking their leg because they tripped on a branch in your yard, it may not be covered under your policy.

What You Can Do

If you live in Atlanta or Dallas, GA and have questions about your policy, then give 1 Source Insurance a call for more information. We can help you understand the risks that you’re facing, so you have the means to protect yourself from anything that could happen. Even those who think that they don’t have much to protect likely have more than they think. Home insurance may not only protect your things, but it can also protect against bodily injury of you, your family, and others who may visit your home. Contact us for a quote or to ask questions about how home insurance works! Also, try our online rating tool for quotes on home insurance.

Can I Bundle Commercial Insurance with My other Insurance Policies?

Insurance companies love when you bundle your insurance policies with them. Bundling means that you use one insurance company for your home, auto, and other insurance policies for a discount. This approach to purchasing insurance is typically cheaper than buying multiple policies from multiple insurance companies.

But what about commercial insurance? Can it be bundled with other policies to help save money on insurance costs? The answer is yes.  

What Kinds of Insurance Can I Bundle with My Commercial Insurance Policy?

This may depend on the insurance company you decide to work with. However, the typical kinds of policies you can bundle with commercial insurance includes umbrella insurance, general liability insurance, commercial property insurance, commercial auto insurance, worker’s compensation, life insurance, and even your personal homeowner’s insurance and auto insurance policies. The more policies you have to bundle, the more you will save on your insurance premiums.  

Work with a Reputable Agent to Find the Best Insurance Company to Bundle Your Policies

An experienced, reputable insurance agent can help you find the best bundle deals out there for all your commercial and personal insurance needs. He or she will help you understand the fine details of available policies as well as help you compare quotes. At 1 Source Insurance in Dallas, GA, we serve the residents of the Atlanta, GA area and specialize in finding you the perfect commercial insurance policy for your business. To reach a friendly, reputable agent at 1 Source Insurance, call us today at 770-672-0932.  We are standing by to answer all your questions about starting a new commercial insurance policy in Dallas, GA.  


Who can take out a life insurance policy?

Although the specifics will vary from state to state, the general rule across the board, and in Atlanta and Dallas, GA, is that you need to have an "insurable interest" in a person before you can take a life insurance policy out for them.

"Insurable interest" comes down to a number of factors. What one insurer considers an insurable interest, another might not. For most insurance sellers and agencies, including 1 Source Insurance, this will be pretty cut and dry in many instances. For example, if you’re taking a policy out on your spouse, on your parents, or grandparents, then it’s unlikely that any insurance provider will give you any resistance.

Oftentimes, a parent will take a life insurance policy out on their child. This coverage ensures that should something happen; they are at least covered for handling funeral expenses and so on.

This illustrates that it is not a matter of who is a dependent or how much money anyone has in the bank. Life insurance is intended to help cover the expenses involved with a loved one passing on. This means handling the legal fees, funeral expenses, and debt left behind.

Many policies you find through 1 Source Insurance may offer a relatively generous package ensuring that dependents do not have to make lifestyle compromises or sell the house. A life insurance policy allows your loved ones to rest easy knowing they will not find themselves left with a financial burden.

If you are considering taking a policy out in Georgia, call 1 Source Insurance, or visit our office in Dallas, GA, to speak with our agents and have your questions answered.

All you have to know about commercial insurance

Having your own business can be very exciting especially when it is bringing you profit. However, in life, you should always expect challenges. You can never tell what is going to happen tomorrow. What if you wake up one day to find all your assets missing? What will you do then?

1 Source Insurance in Dallas, GA provides you with a commercial insurance policy to help you survive through calamities. With our insurance coverage, you can spend your time in a constructive way other than worrying about risks that may occur. We have intelligent and well-trained employees who will guide you through the entire insurance process.

With running a business, there are several things you need to protect such as your employees, your property, and yourself against liabilities. At 1 source Insurance, we provide you with various commercial coverage options depending on your need. Some of our coverage options include:

Commercial property coverage

With this coverage, all your business properties are protected. For example, we protect your assets, office building, and office content such as furniture, stock, and equipment among more. Our insurance coverage covers losses caused by fire, theft, vandalism, and smoke among others.

Commercial liability coverage

When operating a business, you might find yourself with so many lawsuits either due to injury caused by someone else as a result of your business operations or products. In such scenarios, we provide you coverage for claims set against you. Also, with this coverage, your company can be protected from situations alleged as negligence.

When getting a commercial insurance policy, it is vital that you disclose everything about your business. Otherwise, your plan may be terminated, and you may end up losing so much.

If you are in Dallas, GA, make a point to talk to one of our specialists to get the best business coverage for you. Our agents can answer your questions and help guide you through the process.

Possible Exclusions for Georgia Home Insurance Policies

Home insurance is designed to cover your place of residence and any contents that are located within it in the event of an unexpected loss, and every homeowner is required to have a policy on any piece of property that they own if it is still being paid off under a lender. A home insurance policy will cover certain perils up to any amounts that will be listed on the policy, but it won’t cover every kind of loss. You should make your choice wisely because it can make a big difference later on.

What’s Usually Not Covered in a Georgia Home Insurance Policy

Most home insurance policies in the State of Georgia won’t cover any vehicles or vehicle stereo equipment located on the property, and they won’t cover any losses that resulted from a natural disaster. This can include, but may not be limited to:

•    Earthquakes
•    Floods
•    Nuclear accidents

While these perils aren’t usually covered by standard home insurance, you can purchase separate policies for each of the incidents so you can get that extra coverage you need.

To make sure you’re getting the right kind of coverage for your home, 1 Source Insurance is one of the greatest resources in Dallas, GA, and we have a team of experienced people who can find an affordable plan that will meet your needs. All you have to do is get in touch with us, and we can come up with a comprehensive plan with which you’ll be happy!

Finding an Affordable Home Insurance Policy

Before you buy home insurance, there are certain things you have to consider. You want to make sure that you get the best possible coverage. Most insurance companies will want to appraise the value of your home before they approve you for a policy, and it will be done by a professional home inspector. You’ll want to make an inventory of everything inside your home, and you should take photographs as well. This inventory can be a record of what valuables you own in case of a fire or disaster.

If you need help finding a plan that will cover your home in the event of a loss, 1 Source Insurance in Dallas, GA has some of the best people for answering any questions that you may have. Be sure to get in touch with our office so we can help you get the coverage you need!

Three Tips Small Business Need to Know When Getting Commercial Insurance

Commercial insurance is essential to any type of business in the Dallas, GA area. However, it can be especially important to small businesses. Most small businesses are barely making it. As such, a loss can be catastrophic. The right policy will cover your small business, ensuring you don’t go under because of something out of your control. Here are three tips you need to know when obtaining commercial insurance.

Determine What Coverage You Need

Commercial insurance can include many different things like coverage for theft, property damage, interruption of business, and loss of employees due to injury. If you are a small business, you may not need all of these coverage types. For example, if you do not have any employees, that may be a moot point. Always determine what coverage you need so you are not paying more for coverage you do not need.

Select the Right Coverage Amount

The next tip is to select the right coverage amount. You don’t want to undervalue your store and belongings or you can be in the hole if something happens. Likewise, you don’t want to overvalue them or you are paying for more insurance than you need. 1 Source Insurance can help you select the right coverage amount.

Carefully Pick a Deductible

Lastly, carefully pick a deductible amount. Selecting a high deductible can save you money, but it does you no good if you don’t have the money to pay your deductible if something happens.

Do you need to purchase commercial insurance? Then let 1 Source Insurance, serving the greater Dallas, GA area, help. We offer a wide array of insurance services and can help you find the best policy for your needs. Give us a call today for a quote or to schedule a meeting to discuss your insurance needs.

Should You Add Your Child to Your Policy, or Let Them Get Their Own

Parents with driving-age children in Dallas, GA must choose between adding their children to their auto insurance policy or letting them get their own insurance. There are various reasons to choose one or the other. Here’s a look at both options to help you decide.

Adding Your Child to Your Policy

Adding someone under the age of 25 to an insurance policy can cause rates to rise. If that person hasn’t established a driving record of some sort, then they’re often considered a high-risk individual. Your own healthy driving record can help some.

If you have spent some time with your insurance company, it’s possible they will take that into consideration. One positive aspect of adding your child is that coverage will kick in no matter which car on the policy their driving.

Letting Your Child Start Their Own Policy

Even with their own policy, young people may still have a high-risk designation. In addition, they will only have coverage if something happens to the vehicle on their policy. If you let them drive your car and not their own, then your insurance may not help much or at all if they’re in an accident.

Considering the Future

When deciding, you should also consider the future. You may find adding your child now is beneficial, but at some point, your child will likely seek their own policy anyway. Starting them off with their own policy can help to teach them some valuable financial lessons. It can also help them to establish an insurance record, which can benefit them later.

Discuss the Possibilities

In Dallas, GA, there’s no right or wrong way to go about this. You should discuss the options available to you with 1 Source Insurance. Everybody’s insurance needs are different, so you should explore both possibilities to see what will work out best for you in the end. Don’t guess, contact 1 Source Insurance today to ask about a quote or situation.