Why Renters Insurance Is More Affordable Than You Think

Renters insurance covers renters from a number of different events that may occur to their possessions, but it does a lot more than that. It also keeps renters out of hot water should there be a liability claim against them. And yet, it’s one of the most affordable types of insurance on the market. So how can it be so low for the renters of Myrtle Beach, SC? Learn more about why this is and why you may need renters insurance more than you think.

Expected Loss

When it comes down to it, your policy is determined by your expected loss. And for renters, this loss tends to not be very high. So while it’s true that common catastrophes such fire, theft, and flooding can occur, the odds are low enough and the payouts small enough that renters can typically make out like bandits when it comes to protecting their possessions. Along with protecting all of your physical possessions, insurance manages to keep people protected from the absolute worst-case scenarios.

Worst-Case Scenario

Did you know that you may be held responsible if you hosted a party and a friend happened to leave the premises after having a few too many drinks? This means that you could partially have to pay for any medical costs if they happened to accidentally hurt someone on the drive home. While it’s unlikely that this will happen, Benefit Insurance Services doesn’t want anyone to be caught unawares.

The renters in Myrtle Beach, SC need an insurance company that they can count on which is why Benefit Insurance Services is here to fill that role. If you want to learn more about just how useful renters insurance can really be in a crisis, it’s time to give us a call today.

3 Reasons to Get Health Insurance in Myrtle Beach, South Carolina

Having imperfect health is an inevitability, but having imperfect health insurance isn’t. When life sends you for an unexpected loop, having reliable health insurance makes all of the difference in the world. Benefit Insurance Services in Myrtle Beach, SC provides you with a supportive team of caring agents and reliable health insurance coverage. Here are 3 reasons you need to sign up for B.I.S health insurance now!

Emergencies

  • Car accident
  • Broken bones
  • Sports injuries
  • Concussion

We never think bad things will happen to us until they do. Above are just a few examples of some emergencies that we can face in this life. Make sure that you are ready and armored up with the right health insurance when you’re forced to face an emergency.

Major Illness

  • Cancer
  • Heart attack
  • Organ failure
  • Stroke

It is no great mystery what the major health threats of today are or how painfully expensive they can be to fight. When those weighty doctor bills arrive, a good health insurance plan will help alleviate some of the stress of dealing with a major illness.

Seasonal Sickness

  • Cold
  • Flu
  • Allergies

The arrival of a new season often means the arrival of those annoying seasonal symptoms and sicknesses. By having a good health insurance plan, all of those irritating seasonal doctor appointments will be more financially manageable.

So often we believe we are invincible until life throws us a curve ball to prove otherwise. Medical bills can be overwhelming and financially draining if you’re not supported by a reliable health insurance plan. So, don’t wait until it’s too late to get the health insurance coverage you need. Call Benefit Insurance Services in Myrtle Beach, SC today to get your quote and finally get the coverage you deserve.

Is Condo Insurance Required

Condo insurance is something that many condo owners are not really all that aware of. This type of policy is similar to a homeowner’s policy save for the fact that it covers condos instead of homes. For those that own a condo, much like homeowners, this type of policy is not required if you own the condo outright. For those that live in the Myrtle Beach, SC area the agents with Benefit Insurance Services can help you find the policy that works for you.

If you are renting, your rental agreement may require that you have some sort of renters insurance and if you are paying a mortgage you are going to have to have homeowner’s or condo insurance to help keep it insured. Condo insurance is not mandatory in so many words but if you do not own the condo completely you are going to have to have some sort of insurance coverage to help cover the cost of repairs if the condo is damaged in any way and to help protect the investors that have loaned you money to pay for the condo.

Condo insurance is something that is going to protect you from a wider range of things than a homeowner’s policy would due to the fact that they do take into account things like other condo owners. If you are buying a condo you are going to want to make sure that you are going to have the right policy to make sure your condo is covered and to make sure that you and your mortgage holder are both protected. For those that live in the Myrtle Beach, SC area, the agents with  Benefit Insurance Services can help you find the policy that fits your specific situation and your specific insurance needs.

Should You Protect Your Investment With Condo Insurance?

If you own a condo, not only do you have a place to live, you have an investment. Just like home insurance for homeowners, it is a great idea for condo owners to gain some knowledge on the topic of condo insurance. Here at Benefit Insurance Services, we can help you find the right condo insurance for you in Myrtle Beach, SC.

If you are a condo owner or are looking to purchase a condo in the future, there are a few things you must know. First of all, owning a condo is a lot like owning a home. As the owner of your own space, you are responsible for the interior walls and the floors of the unit. Any damages that occur while you are living there are your responsibility to fix.

This is where condo insurance comes in. Condominium policies are designed to cover any damages to your interior walls and flooring. Condo owners get to decide the value of their walls and floors so that they can be insured in a policy. In the event of damage to your interior, you will need to repair or replace your walls and flooring.

On the flip side, if you make improvements to your space, you should change your insurance policy to correspond with the added value. You should also determine the value of all the possessions you keep in your condo, as your condo insurance will cover these items as well.

Another thing that condominium insurance covers is your liability if someone is injured due to negligence in your condo.

The benefits of having condo insurance are extensive. If you own a condo in Myrtle Beach, SC, call an agent at Benefit Insurance Services today.

In Myrtle Beach, SC: Do Mopeds Require the Same Insurance as Motorcycles?

In Myrtle Beach, SC, scooters and mopeds are everywhere. The agents of Benefit Insurance Services can answer all of your questions concerning both insuring and licensing/registering them. There are distinct differences between the two, especially when it comes to how they are classified by the Department of Motor Vehicles.

Scooters vs. Mopeds

The main differences between mopeds and scooters involve the size of the motors and where they get their power from. Mopeds are not considered to be motorcycles because they aren’t constantly being driven by the motor. Scooters, on the other hand, are classified as motorcycles because their motor provides all of the power all of the time. Even though they operate in a similar fashion, a moped doesn’t require insurance, but scooters do.

Being Prepared

Mopeds can be used on city streets and all public roadways, just like other motor vehicles. It’s important that you learn as much as you can about how your moped operates before taking to the streets. Make sure you know how each feature operates and study the driver’s license manual thoroughly. While you may not be required to carry insurance on your moped, you must have a valid driver’s license and understand the rules of the road.

The agents of Benefit Insurance Services are available to answer your questions and make sure you understand your rights and responsibilities when it comes to moped use in Myrtle Beach, SC. Don’t leave things to chance, call and talk to one of their licensed agents today to make sure you have the coverage you need at all times. 

 

 

 

How is Condo Insurance Different than Homeowner’s Insurance?

Condos are a great way to live but if you do not have the right insurance your valuables and home could be at risk. For those in the Myrtle Beach, SC area, condos are a must and the agents with Benefit Insurance Services can help you find the perfect policy.

The main difference between condo insurance and home insurance is that with a condo, you are not responsible for the exterior of the building. In most cases, the owner of the condos maintains the exterior of the building so that the residents need only worry about the interior of the home and their belongings within. In most cases, the actual building is going to be protected by an insurance policy that the owner holds and you do not have to worry about it.

This means that your policy is going to mainly focus on the protection of your items inside the condo and to help protect from any injury that might occur to guests while they are in the condo. This means that condo policies, much like apartment or renters policies, are going to focus on creating an in depth and in detail list of all the items that are within the home. This allows the insurance agency to get a good idea of what needs to be protected should there be something like a fire or a burglary.

For those that have condos, condo insurance is a great way to keep your valuables safe without having to worry about how you are going to do so. For those that live in the Myrtle Beach, SC area, the agents with Benefit Insurance Services can help you to find the right policy to protect yourself and your belongings if you live in a condo.

5 Ways to Prepare Your Home for Summer

With summer fast approaching, homeowners in Myrtle Beach, SC should prepare now for hot, muggy temperatures to come. There are various ways you can prepare your home in advance for summer. Here are just a few:

Check AC System  

Now is a good time to have your AC checked to ensure all parts are working properly. If your AC needs replacement or repairs, it’s best to have it done before summer weather hits in earnest. If your home lacks a programmable thermostat, consider buying one. A programmable thermostat can help create a more comfortable home environment and save on energy costs.

While you’re at it, don’t forget to reprogram your ceiling fans to turn counter clockwise for summer. This pushes cool air down so it can circulate more freely throughout the home.   

Spruce Up Patio

If you’re planning family gatherings on the patio, take time to spruce it up before summer. Clean your deck, add a fresh coat of paint to furniture, trim plants and shrubs and buy some new accessories to give your patio a fresh, new look.

Open Your Home to Natural Sunlight

Exchange thick, winter drapes with sheer summer curtains to allow more natural sunlight to filter into your home. Natural light will help brighten your interior environment at no extra cost.

Reorganize Your Shed

Pack up winter equipment and get out essential gear for summer. This includes sports gear, garden tools, lawnmower, hoses, etc. Reorganizing your shed puts summer gear within easy reach for all your summer needs.

Review Home Insurance

Make sure your home insurance from Benefit Insurance Services is up to par to suit your needs. This includes liability coverage to protect family and friends against accidents during their visits. For greater insight into home insurance options, contact a Benefit Insurance Services agent in Myrtle Beach, SC today. 

Does a Blacktop Driveway Increase Home Insurance?

There are more than a few ways to increase the overall value of your residential property. From adding on bathrooms to having an underground pool put in, these types of add-ons not only increase the value of your home but also provide enjoyment and convenience. Another great way to add value to your home is by blacktopping your gravel driveway. And like many other amenities you can add to your home, blacktopping your driveway not only increases the value of your property but also enhances its appearance. What you may be asking yourself, however, is whether or not adding blacktop to your driveway will increase your home insurance. Let’s take a quick look at the answer to this question.

Will blacktopping your driveway increase your home insurance premiums? 

The average cost of blacktopping your driveway will be somewhere between $4,000 to $7,000 per 1,000 square feet. This means if you have 3,000 square feet of the driveway you want to blacktop, then you will spend anywhere from $12,000 to $21,000. As you can see, the larger your driveway, the more it will cost, thus meaning the higher the value of your property. As your home increases in value so does the cost of your premiums, but you should know your premiums likely won’t increase by much. In fact, your home would need to increase in value by more than $50,000 for your premiums to increase by more than $10 to $20 a month. 

If you would like to learn more about homeowners insurance and how blacktopping your driveway will impact your premiums, make sure you contact Benefit Insurance Services serving the Surfside Beach, SC area. 

Home Improvement Upgrades That Cut Your Auto Insurance Costs

There is more to paying for auto insurance than just your vehicle. Where you live has a major impact in coverage as well. The location of your home and how your vehicle is protected while parked on the property all plays a role in your auto insurance costs. At Benefit Insurance Services, we want to help you save money on your Surfside Beach, SC vehicle. That is why you should consider these home improvement upgrades. Each has the potential of cutting your auto insurance costs. 

Garage

If you don’t have a garage or only have a covering, you park your vehicle under you should consider installing a garage. Not only will this increase your property value but by having a fully enclosed location to park your vehicle, it will offer additional protection, both from outside threats and the weather. 

Security System

A home security system doesn’t just protect the home. It protects the garage and everything else on the property. With alarms and flood lighting, it will reduce the chance of anyone breaking into the vehicle or trying to steam wheels off the vehicle. 

Enclosed Fence

An enclosed, locking fence makes it far more difficult for anyone to just walk onto your property. When your vehicle is behind a secured fence, it should help reduce the costs of your auto insurance, especially if this is where you primarily park the vehicle overnight. 

It is important to remember whenever you make a home improvement upgrade to inform your insurance company. You should bring up these different kinds of home improvements to your auto insurance company as it likely will reduce the monthly premium thanks to making your vehicle safe while parked. Benefit Insurance Services is here to assist you in insuring your Surfside Beach, SC vehicle. 

Home Safety and Insurance

Safety for family and guests is an important issue for home owners to consider. From safety fences around pools to no slip treads on the stairs, there are many simple changes that a home owner can do to ensure that their home is as safe as it is fun. Serving the Surfside Beach, S.C. area, we understand safety. Our independent agents at Benefit Insurance Services can discuss your home insurance and explore possible discounts that you may not have known about. What many people don’t realize is the wealth of information we have available from our years of professional experience. This not only includes home insurance and the coverage plans available from multiple well known insurance providers; we can offer helpful knowledge of safety issues that you might need to know for your own sake. Discussing your personal situation, with its unique home plan and budget needs, will let you know your options. You can also learn how to handle the issue of your dark basement with its narrow stairs.

At Benefit Insurance Services, we would be happy to explain what your home insurance covers and what it doesn’t. For instance, pools are usually a different insurance issue and not covered by standard home coverage. On the other hand, many insurance policies are automatically starting to cover pets. You might already have pet insurance that you don’t know about. Policies vary by state requirements and according to individual needs. So contact us today to have the assurance you need to avoid unfortunate events that can affect a lifetime. We have customers from Myrtle Beach, Charleston, Hilton Head, Surfside Beach and other areas along the coastal region of South Carolina. It’s a beautiful area with unique home insurance needs. Contact us today at (843) 238-4400.