How much life insurance is enough?

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No two people will have the same requirements when it comes to how much life insurance is enough. Several different factors contribute to the amount that is needed, and they all need to be taken into consideration. At Highpoint Insurance Group in Dadeville, AL, our independent insurance agents know they work for you, and determining your life insurance needs is their primary concern. 

How much money do you make?

Your income needs to be a consideration when determining how much life insurance is enough. A person who earns $30.000 will not need to replace nearly as much as a person who earns $200,000. It is one of the figures that goes into the equation to determine what it will take to make your dependents feel secure when you cannot provide your income. 

How many people depend on you?

It takes more money to support five people than it takes to support one person. It may not be five times the amount of one person, but it definitely is more. 

How many years do you need to provide for?

If you have young children, it could be many years you need to provide support for if you want to include college tuition as part of what you provide, which adds at least four years. A partner, depending on whether they are working full time or are a stay-at-home spouse, will need to be considered. 

Once you have all this information, you can better determine exactly how much money you need to provide with your life insurance policy.

Contact our office at Highpoint Insurance Group in Dadeville, AL to discuss your life insurance needs. We can be reached on the phone, online, or in person. 

What would happen if I did not get auto insurance for my new car?

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Owning or leasing a car in the Dadeville, AL area is smart because it provides you with a reliable way to get around the community. When you own a car, you must also have the right insurance. A variety of negative outcomes could occur when you purchase a vehicle and do not get an auto insurance plan. 

Fall Out of Compliance

One of the challenges that could occur if you do not have auto insurance is that you will be out of compliance with various laws. Every driver in Alabama will at least need to have a liability plan. This ensures you can cover damages caused by an accident. If you don’t have this auto insurance, you will be in violation of the law and face various repercussions. Further, if you have taken out a loan, you will be in violation of your auto loan agreement’s insurance requirements. 

No Coverage

More importantly, you will be responsible for all costs if you do not have auto insurance. Your auto insurance will cover replacing or repairing your vehicle if you incur a loss. Further, your auto insurance policy will provide liability coverage. If you don’t have insurance, you will not get this support. 

You should have a full auto insurance plan when hitting the road in the Dadeville, AL area. If you want to get this type of coverage in Alabama, you will want to consult someone you can trust. Fortunately, our team with the Highpoint Insurance Group continues to be a great resource. When you call our professionals at Highpoint Insurance Group, you receive all the support needed to build a plan that will meet your needs and protect your car. 

Do You Need Commercial Insurance for Your Alabama Business?

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If you own a business in the beautiful state of Alabama, our agents at the Highpoint Insurance Group serving the Dadeville, AL area have some things to explain that you need to know about commercial insurance. Also known as business insurance, a commercial insurance policy is a type of insurance coverage you should strongly consider to protect your hard work and dedication in opening your own business.

Commercial insurance is designed to offer financial protection and as well as peace of mind for you as a business owner. While the state laws of Alabama do not legally require you to have commercial insurance, there are two types of policies that are required under the laws of most states. Those are commercial auto liability insurance and worker’s compensation insurance.

Commercial Insurance Required in Alabama

Commercial Auto Liability Insurance

This type of policy is needed if your business uses vehicles to function. It will cover accidents that may occur along with damage and liability for vehicles that are owned or leased by your business.

Workers’ Compensation Insurance

Workers’ compensation insurance is mandatory in Alabama for businesses that have five or more employees. This type of policy will cover medical expenses and lost wages for employees who suffer job-related injuries or illnesses. This will help decrease your level of liability while ensuring your employees are taken care of properly.

Other Types of Commercial Insurance

General Liability Insurance

One of the most important types of commercial insurance is general liability insurance. This policy will help keep your business safe from claims from someone who has been injured at your business or property damage that has been caused by your business. It can cover legal fees, medical expenses, and legal settlements.

Commercial Property Insurance

Property insurance is another very important coverage to have in place, especially if you have a physical location. It can help repair or replace damaged buildings, equipment, and inventory if a natural disaster, fire, or vandalism occurs.

Contact Us Today

To ensure your business is protected properly, contact our agents at the Highpoint Insurance Group serving the Dadeville, AL area to start your commercial insurance policy today!

Peace of Mind Starts at Home: Dadeville Home Insurance and You

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At Highpoint Insurance Group, we know how to assist Dadeville, AL homeowners with all of their most crucial insurance needs. When it comes to Dadeville home insurance, there is simply no substitute for the peace of mind that a well-crafted policy has to offer. That’s where this handy guide comes into play. We are here to help our clients navigate any and all potential concerns before making a final decision.

Here’s a closer look at some common mistakes and how they can be avoided:

Not Purchasing Enough Coverage

This one seems simple enough, but it is an all too common mistake. A homeowner cannot possibly predict the future, but at the same time, it is important to have enough coverage for any issue that may come your way. That’s why it is important to speak with the professionals. They are able to point you in the right direction and tell you everything that you need to know. This advice allows you to choose a policy that will not leave you holding the bag when various crisis situations arise.

Lack of Customization

Every policy must be tailored to the specific needs of each client. While friends and loved ones can provide pointers that are based on their own experiences, a homeowners’ insurance policy is not a one-size-fits-all proposition. If there are certain hazards or potential issues that are inherent to your location, your policy needs to reflect that.

Failure To Take Inventory

Even the most experienced insurance agent is only going to be able to provide coverage for the items that they know about. When a homeowner does not take the time to compile a list of their most crucial possessions and valuables, their policy could leave them in a difficult position as time goes on. It is also in the best interests of the homeowner to take pictures of the items that they are looking to obtain coverage for so that the process can be sped up.

Schedule A Consultation Today

If you have any further questions or concerns, please be sure to contact the good folks at Highpoint Insurance Group. We are always on hand, ready to help Dadeville, AL homeowners make the most informed choice possible.

Do I Need Insurance on My Classic Car?

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Whether you need insurance on your classic car – and what kind of insurance you need – depends on a few factors. Highpoint Insurance Group in Dadeville, AL is here to help. Here we explore when you need insurance on your classic car, how to determine what kind of insurance you need, and how to get started. 

When You Need Insurance

State law in Alabama requires anyone who owns a car with four or more wheels to carry liability insurance with certain minimum limits. This ensures that if your vehicle is involved in an accident, injured people and damaged property are covered. 

In some cases, classic cars remain parked. Perhaps you bought a classic car that needs to be restored, and you won’t drive it until the project is done – maybe years from the initial purchase date. While some states may not require coverage on a car in this situation, Alabama law requires that any car you own and register is insured. For this reason, liability insurance is always required on classic cars. 

Types of Classic Car Insurance

When you insure a classic car, you’ll choose between auto insurance and classic car insurance. The difference between the two is that standard auto insurance will only protect your investment in the value of the car using standard calculations, while classic car insurance will insure the total value of the car. Classic cars are often worth more than the standard calculation indicates – and that’s where classic car insurance bridges the gap. 

Schedule a consultation today!

The best way to determine the right kind and amount of insurance for your classic car is to meet with a licensed agent who can provide guidance and direction. 

To learn more about classic car insurance, visit us at Highpoint Insurance Group serving Dadeville, AL today. We’re excited to help you find the right product for your car. 

Renting a Home? Protect Your Assets with Renter’s Insurance

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When you rent a home, condo, or apartment, your landlord is responsible for its upkeep and repairs. Damage to your rental property is generally covered by your landlord’s insurance policy. But what about your personal property? Who’s responsible for your valuables? Why, YOU are, of course. One of the best ways to protect your goods is with renter’s insurance from Highpoint Insurance Group, serving the greater Dadeville, AL community.

About Renter’s Insurance

Renter’s insurance provides an affordable, practical way of protecting your assets from events like theft or fire that can cause financial loss. A typical renter’s insurance policy offers property, liability, and additional living expenses coverage.

Property insurance protects your belongings – clothes, jewelry, furniture, electronics, home goods, appliances, etc. If these goods are stolen, vandalized, or damaged in a disaster, property insurance will help cover their repair or replacement costs.

Liability insurance kicks in when someone has an accident while visiting your rental property. If the accident results in injury, liability insurance will help cover medical costs. Liability insurance will also pay for accidental damage to a visitor’s property, such as a broken laptop or damaged car.  

If your rental home is damaged in a disaster and you need to leave while repairs are made, additional living expenses coverage reimburses you for the costs of living elsewhere during this time.

Why You Need Renter’s Insurance

Life is full of unexpected surprises, good and bad. Renter’s insurance protects you from the unexpected, so you’re not caught completely off guard. If you have valuable possessions, renter’s insurance is a must to avoid financial loss. Even if you live modestly, you can benefit from the financial support that renter’s insurance can provide when you need it most.

Where to Obtain Renter’s Coverage

To purchase a renter’s insurance policy, contact Highpoint Insurance Group. We proudly serve the greater Dadeville, AL region.

Tips for taking your motorhome to a national park

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Taking your motorhome from the Dadeville, AL area to a national park can be a great way to experience nature in its purest form. However, there are some important tips from us at Highpoint Insurance Group you should keep in mind before embarking on such an adventure. 

Tips For Your Motorhome

First, make sure you know the rules and regulations for the national park you plan to visit. Some parks may have restrictions on where visitors can camp or what type of vehicles are allowed. It’s important to research these rules before leaving so that your trip goes as smoothly as possible. 

Second, always plan ahead and book any campsite accommodations well in advance. Many national parks are extremely popular, and campsites can fill up quickly – especially during peak seasons. Booking your spot ahead of time will guarantee that you have a safe place to stay while exploring the park. 

Third, familiarize yourself with the terrain of the park you plan to visit before going so that you can safely navigate through it with your motorhome. Make sure you know which roads are off-limits and stick to designated driving routes whenever possible. 

Fourth, always bring plenty of supplies with you when visiting a national park in case of emergency or adverse weather conditions. Make sure to stock up on water, food, and other essential items that might come in handy during your trip. 

Keep Your Insurance Policy Updated

By following these tips, taking your motorhome to a national park can be an unforgettable experience! So don’t forget to do your research beforehand and make sure you come prepared – then get out there and explore! For more tips and for your insurance needs, call us at Highpoint Insurance Group. We are proud to serve the Dadeville, AL area.

The importance of wearing a helmet while riding a motorcycle

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Riding a motorcycle here in the Dadeville, AL area can be an enjoyable and thrilling experience, but we at Highpoint Insurance Group think it is important to remember safety first. Wearing a helmet while riding a motorcycle is essential in order to ensure your safety and the safety of those around you.

Not only does wearing a helmet prevent serious head injuries and even death, but it also helps protect you from the elements. Helmets are designed with features such as padded liners that absorb impacts, ventilation systems to keep riders cool, and aerodynamic designs that help reduce wind noise.

In addition to personal protection, helmets are also required by law in many areas. Wearing a certified helmet (that meets government standards) is not only recommended; it’s necessary in order to comply with the law and stay safe on the road. 

When choosing a helmet for motorcycle riding, it’s vital to select one that fits comfortably yet securely. It should grip your head snugly without being too tight or uncomfortable. Be sure to follow all instructions for proper fitting when putting on your helmet each time you ride. 

Keep Your Insurance Updated

Wearing a helmet while riding a motorcycle should never be overlooked as an option – it’s one of the most important steps you can take for your own personal safety and well-being on the road. For more safety tips, give us at Highpoint Insurance Group a call today. We are proud to serve the Dadeville, AL area and would be happy to help you find a policy that meets your needs and your budget. So don’t wait! Call us today!

Protect Your Assets with Umbrella Insurance

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Do you live in Dadeville, AL? Are you one of the fortunate people that have many assets that need protection? If so, we at Highpoint Insurance Group can help.

Why Umbrella Insurance?

If you cause a major car accident, liability insurance protects you and your family’s finances from a lawsuit. For example, if you crash into another car, your car liability insurance will pay for their medical expenses, property damage, and legal expenses, but only up to your insurance policy limits.

What if the costs incurred exceed the liability limits of your auto insurance policy? That is when umbrella insurance takes over. It provides excess liability insurance, or simply put, additional coverage, beyond the liability coverage limits of your auto insurance policy.

But umbrella coverage is not only additional coverage for your auto policy but also for your home or boat. Think of this coverage as asset protection. It can prevent you from losing all you have worked hard for in the event of a lawsuit.

Here are a few examples of where an umbrella insurance policy could protect you:

  • You are at fault in a serious boating or auto accident. The bills mount up fast, especially if multiple people are involved. Your boating or automobile insurance policy would pay first up to the maximum, then the umbrella insurance policy would pay.
  • What if your dog bites a visitor? Dog bites are covered by a homeowners insurance policy. But if you are sued for an amount in excess of your homeowners’ policy, the umbrella policy would kick in.
  • If you or a family member accidentally injures someone, your umbrella policy will pay when the home or auto insurance is exhausted.
  • If you accidentally drive your car into a building by putting your car in drive rather than reverse, which can happen. It will cause extensive damage to the building. Your auto insurance will pay first, and the umbrella policy will pay second.

Reach Out To Us

If you need additional protection for all your assets, consider umbrella coverage. Contact us today at Highpoint Insurance Group in Dadeville, AL. We will answer all your questions or provide you with a quote.

The Importance of Liability Coverage in Your Boat Insurance Policy

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Sailing the waters of the Dadeville, AL area can be a wonderful experience, and we at Highpoint Insurance Group want to ensure you are adequately protected. That’s why we want to discuss the importance of liability coverage when it comes to boat insurance policies, so you can be appropriately informed when choosing the right policy.

Protect Yourself and Your Boat

No one wants the liability of an accident or the damage resulting from a mishap on the water to come out of their own pocket. Liability coverage is the cornerstone of boat insurance policies and provides the most extensive protection against the financial consequences of an accident. Specifically, the coverage will protect the insured against the cost of any legal action taken due to an accident or injury caused by the use of the boat. This can include damage to a third party’s property, injury to the other party, and the cost of the legal defense.

Types of Boat Insurance Coverage

Liability coverage is the most crucial element of a boat insurance policy, but it’s far from the only type of coverage available. Many policies can offer protection against theft, fire, flood damage, and personal injury protection for passengers on the boat. Some policies even provide coverage for the cost of towing the boat in the event of an accident.

Some of the most common types of boat insurance coverage include:

  • Bodily Injury Liability: This covers the cost of medical bills and other expenses resulting from the injury or death of someone involved in the accident.
  • Property Damage Liability: This coverage will cover the repair of the property owned by the third party damaged in the accident.
  • Uninsured Boater Coverage: This type of coverage can protect the insured boat owner if the other party doesn’t have the proper insurance.
  • Replacement Cost Coverage: With this coverage, the policyholder will be eligible to receive the total replacement cost of the boat if it is damaged beyond repair.

How to Choose the Right Insurance Policy for You

To ensure the policy you choose offers the right coverage and the best value, working with an experienced insurance agent is essential. Our agents at Highpoint Insurance Group have years of experience in the Dadeville, AL area and will be able to help you find a good boat insurance policy for your needs. We are here to answer any questions and help keep your boat safe from the unexpected.

No one likes to think about the risks of owning a boat, but the reality is that the potential for an accident or injury on the water exists. With the proper liability coverage as part of your boat insurance policy, you’ll be prepared and protected if the unexpected occurs. Contact us at Highpoint Insurance Group today for the coverage you need to stay safe out on the water.