If you are in Rochester, MN and want to enjoy the area as much as possible, finding a way to stay active in the outdoors is very important. One way you can ensure that you are able to have a lot of fun here is by getting your own ATV, which will allow you to have some fun and excitement on trails all over Minnesota. Along with your ATV, it is important that you get a proper insurance plan. An ATV insurance plan comes with several types of coverage. 

Protection for the ATV

A reason people will want to get an ATV is so they can enjoy it for a long time. A way you can increase the chances of this happening is by getting insurance for it. With an ATV plan, you will have the support you need to replace the ATV if it is damaged or stolen.

Liability Support

An ATV owner will take on liability risk whenever they operate it. If you cause an accident that results in damage, you will be responsible to cover the damage. Since this can be significant in some cases, you will want protection against this risk. If you carry an ATV insurance plan, you will get the protection you need to reduce and mitigate your liability risk. 

Picking an ATV insurance plan in the Rochester, MN area is always an important decision. Due to this, it is important that you receive the support you need to choose the best plan possible. The team with Safechoice Insurance Agency is always a good group to call when you are choosing a new plan. The insurance professionals with Safechoice Insurance Agency understand the value of quality insurance and can help you build a plan that will properly protect your ATV.

Adults have toys, and these toys are often more expensive than the ones we remember having as children. It makes sense to consider insuring these toys. Toy insurance is supplementary insurance when auto and homeowner’s insurance is not sufficient. Safechoice Insurance Agency serving the Rochester, MN area asks you to consider the following when researching whether you need toy insurance:

• Is my toy valuable? Toy insurance has two main categories – luxury and recreational.
• Is there any chance that your toy could become lost or damaged? Sometimes we are a bit more careless when having fun.
• Is there any chance that your toy could get stolen? Certain types of toys are not easy to secure on our property. It may also be that they cannot be stored there.
• Will other people use my toys, or is it possible that I will have passengers? That opens you up to the possibility of liability. When you share your toys, it is vital that you have cover if you are hurt, or if someone else gets hurt.
• Will my toy be leaving my property at any time? That opens you up to a whole host of risks that you need to think about.
• If something happens to my toys, will there be extra charges for wreckage or recovery not covered by my more traditional insurance?

If you answered yes to any of the questions above, then toy insurance is not just a good idea, it’s a necessity for you. Rochester, MN is a great place for recreational activities and the toys that improve these experiences deserve to be insured by a company like SafeChoice Insurance Agency – we can help you understand your needs, so speak to us today!

Those that reside in or around Rochester, MN will need to have a few different forms of insurance. For many, a very important form of coverage to get is life insurance due to the advantages it provides. There are a few reasons that people in this area should get a full life insurance plan. 

Provide Financial Protection for Dependents

A common reason people in this area of Minnesota will want to have a life insurance plan is so they can provide financial protection to those that they care about. Those that have dependents and others that rely on their income should do their best to ensure they are providing them with continued financial protection. If you have a life insurance plan in place, you will be able to build a policy to ensure your dependent’s future financial costs are covered and protected.

Additional Investment Alternative

You should also get a life insurance plan to provide yourself with an additional investment option. Those that are going to get a whole life insurance policy will benefit as some of their monthly payment will go into an account that grows with value. This is a great option as the account can eventually be turned into cash and used for any reason that you want, which makes it a conservative investment to add to your overall portfolio. 

As you are looking for a life insurance plan in the Rochester, MN area, it would be helpful for you to call Safechoice Insurance Agency. There are a lot of choices that need to be made when looking for a new policy. The team with Safechoice Insurance Agency will give the support needed to understand the different options that you have and help you build an ideal insurance plan. 

Understanding the fundamentals of a business owner’s policy is essential if you are an entrepreneur based in Rochester, MN. Safechoice Insurance Agency has made a reputable name in the region, offering business owners excellent insurance services. The policy covers several liabilities under one umbrella. Among them, they include commercial property coverage and business revenue insurance, among several others.

Perhaps you are opening a new business, and you do not have a clue about a BOP. It is advisable to learn the primary features and know if you need them according to your business setup. Here are factors that can educate you on matters related to a business owner’s policy.

An introduction to BOP

The policy safeguards your business from misfortunes that may occur. It extends to specific limits in varying situations. It features a general liability policy and commercial property insurance. 

The general liability policy takes care of several claims from varying industries. It covers issues like marketing liability, copyright matters, third-party injuries, and third-party destruction, to mention a few. It is fit for your business if you intend to engage advertisement agencies.

Commercial property policy safeguards your company from physical destruction triggered by natural calamities such as explosions, fire, floods, and lightning, to mention a few. The insurance covers your building, business equipment, signage, landscaping, and inventory, among others. However, the coverage does not include wealth located away from your business premises.

Who Needs to Purchase BOP Insurance?

The policy is decent for small startups in most cases. If your company hosts less than 100 workers, then BOP is the way to go. However, the annual revenue should not exceed $5 million if you chose the option. Your insurance agency should advise you on the best approach when purchasing BOP insurance for your new business.

Contact Safechoice Insurance Agency today by visiting our website to get the deal of a lifetime in Rochester, MN.

Those that are in the Rochester, MN area are going to find that there are a lot of great places to use recreational vehicles and toys. If you are in the market for a new recreational vehicle, it could provide you with a lot of opportunities for fun and excitement. Along with the toy, you also need to get a proper insurance plan for it. There are several reasons that people here should get a recreational toy. 

Insurance Protects Asset

A key reason to get insurance for your toy is so you can protect your valuable asset. If you choose to purchase one of these assets, you will want to enjoy it for a long time. With the right insurance plan in place, you will get the protection that is needed to repair or replace the toy if it is stolen or damaged in some form of accident.

Liability Coverage

Those that have a recreational toy should also consider their liability risk. If you make a mistake while operating the recreational toy, there is a risk that a collision could occur with another user. When this happens, it will be your responsibility to pay for damages that are caused. As these damages can be expensive, you will want to have a liability plan to mitigate this risk. 

When you live in the Rochester, MN area and own a recreational toy, you will want to have the right insurance for it. As you are looking for a new policy, calling the Safechoice Insurance Agency is a great option to consider. The team with the Safechoice Insurance Agency can offer all the support and guidance that is needed to build and choose an insurance plan. This will help to keep your recreational toy properly covered. 

You might have heard about health insurance, but understanding its nitty-gritty can be a tall order. Health insurance is a complicated subject but can be broken down into digestible chunks with a knowledgeable insurance agent. At Safechoice Insurance Agency of Rochester, MN, we handle the difficult bits of health insurance to help you get the proper coverage.  

Today, we navigate one of the most asked questions by our clients: Is health insurance legally required in Minnesota? If you want to find out, keep scrolling.

Is health insurance mandatory in Minnesota?

As of 2019, the Obamacare act required citizens to carry health insurance. Failure to have health insurance would attract penalties at the federal level, but this was no longer the case as of 2019. 

However, a handful of states passed laws requiring an individual mandate at the state level. These states include New Jersey, Vermont, California, Massachusetts, and Rhodes Island. As you can see, Minnesota isn’t one of the states requiring Obamacare individual mandate.

Why you need health insurance

Whether health insurance is mandatory or not, you need this insurance for the below reasons:

• Rising health costs: No one plans to get sick or get hurt, but you may find yourself requiring medical care at some point. With the rising healthcare costs in the US, securing yourself with insurance saves you hundreds, if not thousands of dollars in treatment costs. 
• Preventing illnesses: When you carry health insurance, preventive healthcare like blood tests, vaccines, screens and scans, and some checkups are covered, helping diagnose diseases early.
• Care of ongoing health conditions: Management of diseases like diabetes, heart disease, and cancer can take a toll on your finances. As a result, many poor Americans risk missing out on chronic disease management care because they can’t afford the treatment. This action puts them at risk of further health complications and even death.

Are you looking for the right health insurance plan in Rochester, MN? Contact Safechoice Insurance Agency, and we will help you get proper health insurance without overpaying.

The Basics of Life Insurance

A life insurance policy provides a contractual agreement between the insurance company and the policyholder that provides a lump sum payment to the beneficiary of the policy when the policyholder dies as long as the policyholder pays the premiums in a timely manner. 

Safechoice Insurance Agency serving Rochester MN wants you to understand that not all life insurance works the same. You can find two main types of life insurance. These include:

• Term life: a policy that remains in force for a specific number of years.
• Permanent life: a policy that remains in force as long as the insured pays the premiums, surrenders the policy, or dies.

Within those two main types, you will find much variety. Term policies may charge premiums at a level term. That means the premiums remain the same annually or at an increasing term which charges lower premiums at a younger age, but which increase as the individual ages.

Permanent policies provide a much wider diversity. A single premium policy charges only one up-front premium, a balloon payment that funds the policy for life. A whole policy can accumulate cash value, while a universal life policy amasses an interest-earning cash value that charges premiums similar to term life insurance. It allows the death benefit and premiums to get adjusted over time. A variable universal policy amasses a cash value that the policyholder can choose to invest. An indexed universal policy lets the policyholder amass a cash value account and earn interest or invest the money according to an equity-indexed rate of return or a fixed rate.

Some perm policies do not amass cash value. The guaranteed universal policy type does not and charges lower premiums than a whole life policy. A person with a pre-existing medical condition can obtain a guaranteed issue policy to provide a death benefit to their beneficiary. In the first two years of issuance, the policy only pays for accidental death. After that period, death from any cause except self-infliction receives coverage. A burial or final expense policy provides a small death benefit, typically enough to cover a funeral or cremation.

Contact Safechoice Insurance Agency serving Rochester, MN to learn more about life insurance and determine which policy works best for you.

If you live in Rochester, MN and are interested in learning more about how commercial insurance requirements apply to you, you should consider learning more about Safechoice Insurance Agency and what they can offer you.

Commercial insurance is very important for those who run businesses. For example, you do need liability insurance when you are running a business, in order to protect yourself in the event of a mishap. For example, if someone falls down on the premises or one of your customers ends up getting injured by one of your products, you can be held liable and lose a lot of money if you don’t have the appropriate insurance.

Liability insurance is also known as Commercial General Liability. It covers four categories of different events that could end up bankrupting your business if you don’t have insurance. These include bodily injury, personal injury (including libel or slander), damage to other people’s property, and false or misleading advertising. If the injured party incurs medical expenses, this insurance coverage will pay for those expenses. There are a few types of legal damages for which you may be sued that could typically be covered by this kind of policy. These include compensatory damages, which are financial losses incurred by the injured party. General damages are also generally covered; these include any nonmonetary losses that the injured party has to deal with, such as mental anguish. Punitive damages are also covered; these include additional charges and penalties that the defendant is going to have to pay.

If you are a resident of Rochester, MN and want to learn more about commercial insurance, you should consider contacting Safechoice Insurance Agency. The professionals here will be able to tell you more about how Commercial Insurance works in the state of Minnesota and how it can work to your advantage.

In the Rochester, MN area there are many months of warm weather and sun. The beautiful scenery and nice weather can make it a great place to enjoy your very own motorcycle. If you would like to buy a motorcycle when you are in this area of Minnesota, it is necessary that you get proper insurance for it. A motorcycle insurance plan will include several forms of insurance coverage. 

Coverage to Protect Asset

One type of coverage that you can receive with your motorcycle insurance plan is to protect your asset. If you buy a motorcycle, you will want to know that you can enjoy it for years to come. When you get a full motorcycle insurance policy, it will include the coverage that is needed to repair or replace it if you invest in a collision and comprehensive coverage.

Liability Insurance Protection

With motorcycle insurance, you will also get liability coverage. Those who drive a motorcycle run the risk of causing an accident. If this happens for you, you will have to cover the damages. When you have a full motorcycle insurance plan you will receive the liability coverage that is necessary to offset this risk while also staying in legal compliance. 

Those that are moving to the Rochester, MN area and want to get a motorcycle will benefit from the coverage that is provided in a full insurance plan. If you are in the market for a new motorcycle insurance policy and you are in this area, it would be a good idea to call the Safechoice Insurance Agency. The team with the Safechoice Insurance Agency can help you better understand what your insurance needs and options are. They can then help by building you a policy that will offer ideal coverage and protection.

When it comes to your RV, so much excitement is involved with you thinking about traveling and seeing various areas throughout the nation. With so much excitement and fantasizing, it can be easy to neglect or forget about insurance for your RV until the last minute. In many cases, RV, camper, or motorhome owners may assume that this vehicle is covered under their auto or even home insurance. However, this is usually not true, and as result, these people will not be insured.

In this case, RV insurance is required, and it is vital to know myths concerning RV insurance. The following includes those myths: 

• My auto or home insurance covers my RV, camper, or motorhome. 

While there is coverage that is similar to an automobile, there is specialized coverage required for amenities, such as a kitchen, and a bathroom, like a home, and vice versa. 

• RV insurance covers the total RV from bumper-to-bumper. 

This may or may not be true depending on the type of RV insurance coverage you have. 

• My motorhome is covered through my travel trailer coverage. 

This type of coverage is not enough for motorhomes. 

• Every RV insurance policy is identical. 

No two policies are identical. There are various options available. The type of RV determines the RV insurance type needed, and there are different policies for an RV than there is a motorhome, for instance. 

Conclusion

These are many of the myths about RV insurance, and these and other myths can cost you if you have a motorhome, camper, or RV. For more information about RV insurance, contact Safechoice Insurance Agency today. Located in Rochester, MN, Safechoice Insurance Agency has been providing amazing insurance products for people in Rochester, MN, and surrounding areas for approximately 20 years now. You will be in good hands with them, so contact them today!