What are the benefits of getting a motorcycle insurance for my South Carolina motorcycle

For those that are in the Myrtle Beach, SC area, spending a nice summer day on a motorcycle riding up along the coast is a dream. While there are plenty of exciting reasons to get a motorcycle, you need to remember that it is a very valuable asset that requires proper insurance consideration. Due to this, you should get motorcycle insurance as it will benefit you in many ways. 

Legal and Loan Compliance

One of the reasons why you should get a motorcycle insurance policy for your motorcycle is that it will ensure that you are in compliance with all requirements under your loan agreement and state laws. If you took out a loan to buy your motorcycle, your lender will undoubtedly require you have a full collision and comprehensive insurance policy. Also, state law for those in the Myrtle Beach, SC area will require that you have liability insurance for your motorcycle. 

Ensures Your Asset is Covered

If you buy a motorcycle, whether it is with a loan or cash, you likely will invest a lot of money into it. One of the worst things that could happen would be if the motorcycle is damaged in an accident and you are not covered by insurance. Your motorcycle insurance policy will give you protection for accident damage as well as many other situations that could cause a loss for you. 

When you get a motorcycle and need insurance in the Myrtle Beach area, you should reach out to Benefit Insurance Services. The professionals at Benefit Insurance Services know how important insurance is for motorcycle owners. They can then help you to get into a policy that will give you peace of mind and provide you with all necessary forms of protection. 

What does condo insurance cover

Owning a condo is in some ways like owning a freestanding house and in other ways, it is quite different. When it comes to what condo insurance covers, it is important to understand what is covered by the association’s insurance and what needs to be covered by your personal policy. Condo owners in Myrtle Beach, SC can count on Benefit Insurance Services to have the answers to any questions they may have about condo insurance. 

When you own a condo, the exterior of the building and the shared areas like the pool, gym, walkways and parking lot are covered by the insurance that the association holds. It should have insurance that covers damages as well as liability in case someone is injured while visiting. South Carolina requires that associations have insurance but it does not define the specifics of the necessary coverage. As an owner, it is wise to double-check that coverage.

As a condo owner, you may be required by your lender to have a condo policy. Your policy covers the interior of your structure, the interior floors, ceilings, walls, etc. It also includes your personal property such as your furniture, clothing, appliances, and electronics. Above that, it also provides you with liability insurance in the event that someone is injured inside your dwelling or by your personal pet outside the building. It can also protect your personal property when you are carrying it with you away from home. Coverage includes things like fire, water, vandalism, and wind.

If you are purchasing a condo or already own one and you live in or near Myrtle Beach, SC, why not give Benefit Insurance Services a call or stop by our office. We have knowledgeable agents who are happy to sit with you and explain all the benefits that condo insurance can provide.

Protect your home from wind and water this storm season

Myrtle Beach, SC is one of the most beautiful places in the country to live, and the team at Benefit Insurance Services is proud to serve this wonderful community. We would like to take this opportunity to remind our clients and neighbors that it’s time to think about protecting your home from wind and water damage this storm season. Remember that your primary home insurance policy may not provide coverage for these types of damage causes, and a supplemental policy is necessary. We are happy to review your current coverage with you and make sure that you have adequate protection from different types of damage.

Make sure that you have adequate protection from wind and water damage

Damage from wind and water might not be covered by your primary policy as there are a lot of different guidelines when it comes to the causes of damage. Some types of natural causes could be covered by your regular policy while others might not be. For example, there are different guidelines for water damage caused by floods and damage caused by rainwater or storms. It’s important that you understand how this affects protecting your home. It’s a good idea to review all of your coverage options and determine which policies are right for you and your situation. There are too many instances when people find out that their policy doesn’t provide the coverage they need; don’t let this happen to you and your family.

Now is the perfect time to sit down with the helpful agents at Benefit Insurance Services and review the coverage that you have for your Myrtle Beach, SC area home. Call or stop by our office today, and we will make sure that you understand your coverage options. 

3 Ways To Ensure Your Motorcycle Is In Ship Shape

Now that you have your new motorcycle, your first thought probably revolves around the excitement of taking the bike for its initial spin. But while you prep your bike for its maiden journey by purchasing your Benefit Insurance Services Motorcycle policy, it’s time to think of a maintenance plan for your new beauty.

Naturally, you want your bike to run and last as long as possible, and your goal is to keep it in the best condition year-round. Here are some tips to help you preserve your motorcycle no matter how much you ride it.

Check Tire Pressure Regularly

Ideal tire pressure makes for perfect riding conditions. Over-inflated tires can pop easily, while under-inflated tires can throw your bike off balance. Either scenario is dangerous.

Consult your motorcycle’s manual to find out the appropriate tire pressure for your vehicle. Then, make a point of checking your tire pressure every week at the very least. Ideally, you should check the pressure after each ride.

Remember to change both tires at the same time. Even if just one tire needs replacing, changing them both keeps your bike well-balanced. Don’t wait until your tires are bald to replace them. They should still have some tread in them by the time they are taken off.

Check And Replace Your Oil Regularly

Riding your motorcycle in Myrtle Beach, SC on dirty engine oil can damage your entire engine.

Your oil lubricates all of the gears and keeps your engine running smoothly. Consult your owner’s manual to find out how often the oil should be topped off or replaced on your particular vehicle.

Even if your bike doesn’t use up that much engine oil, topping it off isn’t always the best choice. You should replace it instead. Do so on a regular schedule. If you just top off a dirty oil reservoir with new, clean oil, that can eventually damage your engine as much as if you never added new oil in the first place.

Check and Tune Up Your Engine

Cleaning the engine itself is as crucial as regularly changing your bike’s oil. When you tune up your engine, make sure to clean the spark plugs and the carburetor every 900 miles or so. Be sure to maintain valve clearances as well.

Keeping your engine nice and clean will reduce fuel consumption and will keep your bike running faster and safer.

Are You Ready To Ride?

Now that you learned how to maintain your bike, it’s time to protect it as well. If you haven’t already done so, contact us here at Benefit Insurance Services so that we can help you purchase a worthwhile motorcycle insurance policy. We are here in Myrtle Beach, SC, ready to assist you in protecting your most precious asset.

Important Features to Look for in Your Myrtle Beach, SC Condo Insurance Policy

If you are looking to purchase a vacation condo in the greater Myrtle Beach, SC area, or live here full-time, there are several features to look for when choosing your condo insurance policy. The team at Benefit Insurance Services is here to help condo owners in our area find the insurance policy that is right for them. If you are unsure what to look for when choosing your coverage, keep reading and learn more about a few important features that a comprehensive policy can offer.

Make Sure Your Condo Policy Includes These Features

Most condo association policies cover all common areas and the building structure itself. When you are choosing your individual policy makes sure that you have coverage for all damage that can occur in your unit, even if you aren’t at fault.

Liability insurance can protect you if a visitor to your home has an accident or becomes injured in some way. Make sure that you are protected from any liability if someone should be harmed in your residence. No one wants to see a friend get hurt, and the situation can be made worse if there is a serious injury involved. Make sure that you have the protection you need to deal with any situation.

Many primary policies enforce a single-item value limit and will cover items up to a certain point. If your jewelry, electronics, or art collection exceed these policy limits ask your agent about a personal articles policy or other supplement coverage. 

Ready to obtain the right condo insurance policy for your Myrtle Beach, SC condo? Call or stop by Benefit Insurance Services today and let one of our professional agents help you get the coverage that’s right for your needs.

Will my homeowners policy cover my valuables, like my paintings and jewels?

Your home in Myrtle Beach, SC is doubtless covered by a homeowners policy, but you may be unsure what the exclusions and limitations are. At Benefit Insurance Services, we try to make sure our clients understand that the policy is really a contract, and the coverage should be explained in black and white.

It may be confusing, though, figuring out how your particular assets fit into the grand scheme of things. You have a policy limit, deductibles, and exclusions, and your policy may have slightly different details than you remember.

Possessions vs the Dwelling Itself

Your policy probably spells out how much of the physical building is covered, based on an earlier assessment. It will also detail how much of your possessions are covered, and the policy may consider one as a percentage of the total. For instance, if your limit is $100,000, 75% percent of that might be for your belongings.

Depreciation vs Replacement Cost

Not only that but your policy probably only covers the amount your valuables are worth after considering depreciation. If you want to insure your valuables for their actual replacement cost, you will need to negotiate that as part of your contract.

Item Limitations

Coverage on specific items, like jewelry, may be limited by your policy to a set amount, such as $1,000. If you want to insure specific items, you can insure them based on their actual value.

Even though you feel safe knowing that your home in Myrtle Beach, SC is protected, you may not have the coverage you need for specific valuables. If you have something particularly valuable, like a painting or jewelry, your policy probably only partially insures it. If you have any questions or would like to go over your policy with someone, call Benefit Insurance Services today and we can help make sure you get the coverage you need.

Can Maintenance Records Lower My Insurance Premiums?

Residents of Myrtle Beach, SC, typically know that they need to take care of their vehicles. If you don’t happen to be a motor head, you might be collecting a nice pile of service receipts. Hang onto them. According to Benefit Insurance Services, a good maintenance record might be able to save you money on your car insurance. Here’s how.

Indirect Effects

There are two ways that regular maintenance can lower your insurance rates regardless of policy. The first is in extending the life of your vehicle. While exceptions exist, owning a vehicle for longer typically lowers your premiums. Since payouts are based on the fair market value of the car, having the same car for longer means you’re paying on a lower value for longer.

The second source of savings is in safety. Properly maintained vehicles are typically safer than those that aren’t. Avoiding accidents is good in general, but safer vehicles also give you a better chance of extending your safe-driving record. For most policies, that amounts to more savings.

Being Direct

Passive gains are great, but maintenance records can also directly lower your premiums. Since we’re talking about specific policies, the generic disclaimer applies: savings will depend on policies and procedures of the insurer. That said, there are plenty of programs that offer savings if you can show a good maintenance record (receipts are the most common proof).

If your policy doesn’t offer you such an option, you can still ask. Contact your Benefit Insurance Services representative. They can help you look for less overt opportunities to put your receipts to good use. That will leave you with a little more cash in the pocket to make the best of your life in Myrtle Beach, SC.

 

How Is Motorcycle Insurance Different Than Auto Insurance?

It seems pretty obvious that driving a motorcycle is very different than driving a regular vehicle, but few people realize that covering a motorcycle with insurance is also very different than covering a vehicle. Here are a few things you should know about covering a motorcycle.

Car Insurance Will Not Cover a Motorcycle

Do not assume that you will be able to cover your motorcycle under your car insurance policy. Because a motorcycle is a two-wheel vehicle instead of a four-wheel vehicle the coverage must be different. You will need to speak with an insurance agent in order to understand how to add your motorcycle to your policy. 

Passenger Rules Are Different

Passengers are automatically included in vehicle insurance, however the same does not apply to a motorcycle. It is assumed that a motorcycle will be a single passenger. However, if you want additional passengers included, then you will need to add this specifically to your insurance policy. You should talk with an insurance representative to get the details on how to do this. 

Seasonal Vs Full Time Coverage

Another big difference between motorcycle insurance and vehicle insurance is that with a regular vehicle it is assumed that you will be using the vehicle year round, therefore the coverage is for year round. However, many motorcycle owners only use their motorcycles seasonally. Because of this motorcycle owners have the option of carrying only seasonal insurance. This helps keep costs low for individuals who only use their motorcycle for some of the years. 

You should speak to an insurance agent to better understand whether you will need full-time coverage or only seasonal coverage for your motorcycle use. 

If you would like to learn more about motorcycle insurance, you can call one of our friendly staff at Benefit Insurance Services in Myrtle Beach, SC. 

Do You Really Need Condo Insurance?

Even though your Myrtle Beach, SC condo has insurance coverage through your association, you still need condo insurance to protect your individual unit. Your association insurance is designed to protect the exterior of your building and common areas, not your personal unit. With condo insurance from Benefit Insurance Services, you can protect your individual unit and personal goods against such risks as fire, storm damage, theft and more. Here’s why you need condo insurance.

Property Damage

With insurance protection, you can preserve your condo for years to come. Condo property damage insurance covers the interior of your unit to include ceilings, walls and floors. If a fire were to ravage your unit, your property damage insurance will help cover rebuilding costs. By taking precautions, you can protect your valuable investment from unforeseen disasters. 

Personal Belongings

If your condo was burglarized and expensive electronics, jewelry or artwork stolen, would you be able to replace these goods on your own? With contents insurance, your goods will be protected against theft or damage due to a break-in or other catastrophe. Contents insurance will cover such personal goods as furniture, appliances, electronics, clothes, jewelry, artwork and anything else you own. It even extends to the carpeting, cabinets, light fixtures and ceiling fans of your condo home.

With replacement coverage, your insurer will cover the cost of replacing your goods if they are stolen or suffer loss. An updated home inventory will enable you to keep track of your possessions to simplify making a claim if and when the time comes.

Liability

If you’re like most condo owners, you probably enjoy having family and friends over for special occasions or holiday parties. In the event of an accident, you could be held liable for damages. Liability insurance protects you against lawsuits by covering medical costs of visitors who are accidentally injured on your property.

For comprehensive condo insurance coverage at affordable costs, contact us at Benefit Insurance Services, Myrtle Beach, SC.

 

Does Home Insurance Cover Contractor Damage?

You’ve decided to add to your home’s value by adding to it or remodeling it. Whether you simply update the wiring or add a deck, you add value. You do have a few homeowners’ insurance items to consider before embarking on your project. One aspect to consider is what your home insurance covers if a contractor performs faulty work or damages the home. Call or visit Benefit Insurance Services in Myrtle Beach, SC to learn more about home renovating insurance needs, but jump into the topic with this introduction.

Policies vary. Each state’s law varies. Homeowners policies cover property damage. In Amerisure Mutual Insurance Company v. Auchter Company, a Florida court found that removing or repairing “defective work” did not qualify as property damage, therefore, the policy did not cover the defective roof Auchter, a general contractor, installed on a building for Amelia Island Company.

On the other hand, if a contractor causes damage to your home while conducting work there, homeowners’ insurance does cover the damage. For example, if their welding sparks a fire, your policy generally covers that. So will the contractor’s policy. Always ensure that the contractor you hire carries proper insurance.

Your home policy doesn’t cover poor workmanship. To address that issue, you’d need to contact the contractor to have them repair or redo the work.

Let’s say you don’t catch the shoddy work until it damages your home. In this case, the poor workmanship causes property damage. In most cases, the property damage is covered by the policy. It won’t cover the replacing the cause of the problem.

Stop by Benefit Insurance Services in Myrtle Beach, SC to discuss your impending remodel and check your coverage limits. Your policy may not automatically cover an addition or new room.