Life Insurance

A little preparation can make a big difference for your loved ones if you pass away unexpectedly. Life insurance coverage is one way to ensure your family is taken care of after your death. Contact The Bush Agency in Savannah, Georgia, to learn more about our life insurance policies.

What Is Life Insurance?

Life insurance can benefit your loved ones in numerous ways. For example, a standard policy can provide financial support to family members who depend on your annual salary for financial stability. It can help pay for your estate taxes and any outstanding debts. It can even help you create an inheritance to pass your wealth and assets to chosen beneficiaries.

How Does Life Insurance Work?

Life insurance is a binding agreement between you and your insurance company. They agree to provide a death benefit to your chosen beneficiaries if you pass away while your policy is active. The exact duration of your policy and other policy details will vary with your insurer and the type of life insurance coverage you buy.

Types of Life Insurance

There are two primary life insurance coverage options for you to choose from, including the following:

• Term life insurance coverage provides coverage for a set amount of time, such as 20 or 30 years. At the end of your term, your insurer will no longer offer death benefits when you pass away. Term life insurance is typically the less expensive coverage option.
• Permanent life insurance coverage, also known as universal life insurance or whole life insurance, provides coverage for the duration of your life as long as you continue to make premium payments. Although generally more expensive than term life insurance, permanent life insurance coverage may have additional benefits, such as the ability to accrue wealth by withdrawing money or borrowing against your life insurance policy.

Both policies may have a level premium, meaning your insurance costs will stay the same over time, even when you’re older and require more coverage.

Ask your insurance agent which type of life insurance is best for your needs.

Getting Covered

Choosing a life insurance policy to protect your loved ones may seem overwhelming. We’re here to help. Contact The Bush Agency for a life insurance quote tailored to your needs.

Home Insurance in Savannah, GA

Homeowners in Savannah, Georgia, may encounter significant risks that could inflict expensive financial consequences. These various threats can make adequate home insurance essential. Home insurance can protect your property and personal belongings financially, ensuring you can recover and rebuild after unexpected events.

For reliable home insurance, RM Bush and Company is a top choice. With extensive experience and personalized service, we can help you find the right coverage to meet your needs and budget.

What Does Home Insurance Cover?

Home insurance typically covers several key areas: 

• Dwelling coverage—This can financially protect the structure of your home, including the walls, roof and built-in appliances, against risks like fire, burglary and vandalism.

• Personal property coverage—This may cover your personal belongings, such as furniture, electronics and clothing, if they are damaged or stolen.

• Liability protection—This can provide financial protection if you are found legally responsible for a third party’s bodily injuries or property damage. It can also cover legal fees.

• Additional living expenses—This can help pay for temporary housing and other living expenses if your home is uninhabitable due to a covered event

• Other structures coverage—This may cover structures on your property that are not attached to your home, like a detached garage or shed.

How Do Deductibles Work?

A home insurance deductible is the amount you pay out of pocket before your insurance coverage begins to contribute toward covered losses. Choosing a higher deductible can reduce your premium, but it also means you’ll pay more out of pocket if you need to make a claim.

How Much Home Insurance Do I Need?

Choosing the right amount of homeowners insurance typically requires evaluating the cost of rebuilding your home and the value of your personal belongings. It’s essential to have enough coverage to rebuild in case of a total loss. Additionally, consider your liability coverage needs to ensure you’re protected against accidents that may occur on your property. For example, if you regularly host gatherings or have a swimming pool, you may want to retain higher coverage limits.

Learn More

If you need a homeowners insurance policy or want to assess if your current coverage is sufficient, RM Bush and Company is here to assist. Call us today to get started or request your free quote.

General Liability Insurance

Commercial general liability insurance can cover your business and clients by providing financial assistance when the unexpected happens. Our team can help you secure the insurance your business needs. Contact us today to get started.

Commercial General Liability Coverages

Commercial general liability insurance typically provides coverage for:

• Third-party property damage. Commercial general liability insurance may provide repair or replacement costs if your business is responsible for damaging others’ property.
• Third-party bodily injury. Commercial general liability coverage may pay for medical expenses if your business is responsible for a third-party bodily injury (e.g., an injury occurring at your business).
• Personal and advertising injury. Commercial general liability insurance may provide coverage if your business is sued for a personal or advertising injury (e.g., slander, libel or copyright infringement).

In addition to providing compensation for damages, commercial general liability insurance may pay associated legal fees (e.g., attorney fees, settlements and judgments). Speak with your agent for more information on coverages, limits and exclusions.

Why Commercial General Liability Insurance Is Important

Although commercial general liability insurance typically isn’t required by law, some business licenses may require coverage. Or a landlord may require proof of insurance before offering a lease.

Commercial general liability coverage may also help you avoid paying for unexpected losses out of pocket. Reach out to your agent for additional information on how commercial general liability insurance may mitigate your business’s risks. We can help you secure the coverage that is right for you.

How to Get Commercial General Liability Insurance

Our team can help you obtain your commercial general liability insurance policy. Contact us today for additional information or a quote.

Flood Insurance in Savannah, GA

Living in Savannah, GA, with its charming coastal beauty, comes with the inherent risk of flooding. Flood insurance can be a crucial safeguard for homeowners, offering financial protection against the devastating effects of floodwaters.

Understanding Flood Insurance

Flood insurance is distinct from standard homeowners insurance, which usually does not include flood damage coverage. Flood insurance can offer financial protection for both your home’s structure and its contents, aiding in a quick recovery after a flood. While the National Flood Insurance Program (NFIP), overseen by the Federal Emergency Management Agency (FEMA), is a popular option, there are also private flood insurance alternatives available.

Benefits of Using a Broker

Working with a broker offers the following benefits:

• Expert guidance—Brokers have in-depth knowledge of both NFIP and private flood insurance options. They can help you navigate the complexities of flood insurance policies, ensuring you understand the coverage limits, deductibles and exclusions.

• Tailored coverage—Brokers can assess your specific needs and recommend policies that offer the best protection for your home and belongings. They can also help you find policies that include additional coverage options, such as living expenses if you’re displaced.

• Cost comparison—Brokers can compare quotes from multiple insurers, helping you find the most cost-effective policy. They can also advise on ways to reduce premiums, such as raising deductibles or making home improvements to mitigate flood risk.

• Local expertise—A broker familiar with Savannah’s unique flood risks can offer valuable insights. They typically understand the local geography and floodplain regulations, helping to ensure you get the most relevant and well-rounded coverage.

Learn More

For flood insurance near you, contact R.M. Bush & Company Inc.

Contractors Insurance

As a contractor, you face many risks as part of your job, no matter your trade. Securing comprehensive business insurance for your operations can help mitigate the financial losses from these hazards. If you’re a contractor and need insurance solutions, we are ready to help. Contact R.M. Bush & Company Inc today for more information.

What Types of Insurance Coverages Are Available for Contractors?

Whether you are a general contractor or an artisan contractor, business insurance can provide coverage for several exposures, which can help reduce your out-of-pocket burden. The coverages contractors select vary. Several types of insurance are typically available, including, but not limited to:

• Commercial property insurance—Commercial property insurance protects your business’s physical assets (e.g., your building and its furnishings) if they are damaged by covered perils, such as fires or storms. It may provide repair or replacement costs.
• Builder’s risk insurance—Builder’s risk insurance can provide coverage during a construction project. It may provide coverage if the building under construction, materials or supplies are damaged by a covered cause of loss (e.g., fire). Coverage may apply to property at the job site or temporarily stored off-site.
• Contractor’s tools and equipment insurance—This may pay repair or replacement costs if your portable tools or equipment are damaged, lost or stolen.
• Commercial auto insurance—If your business owns vehicles, commercial auto insurance may provide coverage if they’re damaged or in an accident. Hired and non-owned auto insurance (HNOA) may also be available to cover vehicles your business rents or leases.
• Liability insurance—If your business is held legally responsible for property damage or injuries to third parties, liability insurance may compensate them for their losses. It may also cover the associated legal fees. Several types of liability insurance may be available, including:
  • Commercial general liability insurance
  • Products liability insurance
  • Pollution liability insurance
  • Cyber liability insurance
  • Completed operations liability insurance
  • Professional liability insurance
• Umbrella insurance—If a significant liability claim exceeds the limits of your other liability policies, umbrella insurance may fill in the gap.
• Workers’ compensation—If an employee suffers a work-related injury or illness, workers’ compensation may provide wage replacement or payments for medical expenses.

Additional policies and endorsements may be available. Speak with our team to discuss options, limits and exclusions.

How to Get Contractors Insurance

R.M. Bush & Company Inc is well versed in the unique risks a contractor may face, and we’re here to help you get adequate protection against your exposures. Contact us today to discuss your insurance needs and to get a quote for coverage.

Business Insurance in Savannah, GA

Business insurance can encompass a wide array of policies aimed at minimizing financial losses arising from different risks. Whether you’re managing a startup or a well-established corporation, having the right insurance coverage can be the difference between survival and devastation when confronted with challenges.

What Does Business Insurance Cover?

Business (or commercial) insurance comprises various policies aimed at shielding companies from financial losses. It commonly includes coverage for property damage, liability, business interruption and employee-related risks. Property insurance can offer financial protection for physical assets such as buildings, equipment and inventory.

Meanwhile, liability insurance can assist in covering legal expenses in case of lawsuits against a business. Business interruption insurance can compensate for lost income during disruptions (e.g., severe weather). Workers’ compensation and professional liability insurance can also address employee injuries and errors, respectively.

How Much Is Business Insurance?

The following factors can influence the cost of commercial insurance:

• Industry—Different industries may face varying levels of risk, affecting insurance rates.
• Business size—The number of employees and revenue can impact costs.
• Claims history—A history of claims can influence premiums.
• Property value—The value of your business property matters.
• Location—Geographic location typically affects rates.
• Coverage needs—The types and levels of coverage you select can play a role.
• Risk management practices—Effective risk management can help control costs.

What Are Some Common Mistakes to Avoid When Purchasing Business Insurance?

When purchasing insurance, it’s essential to avoid the following common mistakes that could leave you vulnerable:

• Underestimating your coverage needs
• Focusing solely on the cost of coverage
• Failing to review policy exclusions
• Underestimating property value
• Neglecting coverage updates
• Skipping cyber liability insurance
• Assuming personal insurance covers a business
• Overlooking business interruption insurance

How to Get Commercial Insurance

Contact R.M. Bush & Company Inc to discuss your insurance needs today. We can help you avoid common mistakes when choosing coverage.

Auto Insurance in Savannah, GA

Having the right auto insurance policy can help protect you financially if you are involved in an accident or your vehicle is damaged. An auto insurance policy is designed to provide you with a layer of protection against property, liability and medical costs following an accident. But choosing the right auto insurance can be overwhelming. Reach out to our agency today to learn more about auto insurance and find the policy that’s right for you.

What Do Auto Insurance Policies Cover?

Depending on the policy you choose, your coverages will vary. Here are some of the most popular coverages:

• Collision insurance—This portion of your policy helps cover damage costs if you are involved in a collision.

• Liability insurance—If you are at fault in a wreck, this type of coverage helps insure you against any damage you cause others. Most states, including Georgia, require drivers to carry minimum amounts of liability insurance. There are two kinds of coverage included in liability insurance:
  • Property damage liability—This coverage helps pay for damage to the other driver’s property (e.g., their car).
  • Bodily injury liability—This coverage helps pay for medical bills and sometimes death benefits for the other person involved in the wreck.

• Medical payments (MedPay) insurance—This portion of your policy helps you pay for the medical bills of you and your passengers if you are involved in an accident.
• Uninsured/underinsured motorist insurance—This type of coverage helps you cover the cost of damages caused by someone who doesn’t have adequate auto insurance, specifically liability coverage.

• Comprehensive insurance—This portion of your policy covers damages that are not related to a wreck, such as theft, weather damage or vandalism.

There may be additional coverages that will be necessary based on your unique situation. Be sure to ask our agency how we can tailor your auto coverage to your needs.

How to Get Auto Insurance

R.M. Bush & Company Inc is committed to helping you find a policy to fit your specific needs. Reach out to us today to start the conversation or to get a quote.