Is Liability Only Auto Insurance Required By Law?

Posted on November 20, 2024November 19, 2024 by admin

Liability only auto insurance is the most basic and affordable type of auto insurance there is. If you’re buying a car, you might consider liability only auto insurance. At Kriener Insurance, servicing Woodbury, MN, we can help you choose the right type of auto insurance. We work with various carriers to help our customers find the right auto insurance for their needs. Below are some of the things you should know about liability only auto insurance.

What Is Liability Only Insurance?

Liability only auto insurance is a type of auto insurance that can pay to fix the other driver’s car if you cause a collision. It will not pay to repair or replace your vehicle. Liability only auto insurance can help protect you from the financial risk of repairing another person’s car if you cause damage to their vehicle.

Who Needs Liability Only Insurance?

Most states require auto insurance to help protect drivers on the road. If you don’t have another type of auto insurance, you will be required to get liability only. However, if you are driving a vehicle that is paid for with an auto loan, your lender may require a higher level of coverage for your vehicle. Talk to your lender to find out the requirements for your car.

When Should I Get Liability Only Insurance?

If you’re thinking about getting a car, call the professionals at Kriener Insurance servicing Woodbury, MN to discuss liability only auto insurance and other types of auto insurance. You’ll need to have auto insurance the first time you drive your car, and if you’re buying from a dealership, they will require you to have insurance to drive off the lot. Call us in advance to be prepared!

What To Do When Your Customer Asks For Additional Insurance Coverage For a Project

Posted on October 21, 2024October 16, 2024 by admin

Sometimes, a company may face a customer who requests business insurance beyond its usual coverage. These situations can be easily managed with the assistance of your commercial insurance agent. At Kriener Insurance in Woodbury, MN, we aid our clients in obtaining the commercial insurance coverage they require.

Instances Where Additional Insurance Coverage May Be Required

A customer you’re doing business with may require additional insurance coverage as part of a contract. These customers often work with various contractors on a project and believe that extra insurance helps safeguard their interests or those of their clients. Instead of $1 million in coverage, they might request $2 million. They may also ask for additional commercial vehicle insurance to cover accidents related to a specific project. Depending on the project’s requirements, some customers may need unique insurance types.

Your Insurance Agent Can Assist You in Obtaining the Necessary Coverage

Your insurance agent can support you when unusual circumstances necessitate additional commercial liability coverage for your business. Whether your customer wants to be added to your current insurance policy, needs extra liability coverage to prevent loss in case of property damage, or requires a special kind of insurance, we can guide you through the process in a straightforward and timely manner.

Choose Kriener Insurance for Your Commercial Insurance Needs

Your commercial insurance coverage can vary from job to job and customer to customer. We can assist with detailed information and prompt service when you have questions or additional needs. Contact Kriener Insurance in Woodbury, MN for a no-obligation quote on commercial insurance coverage to meet your customers’ specific requirements.

Information Needed to File Home Insurance Claims

Posted on September 30, 2024September 24, 2024 by admin

Filing a homeowner’s insurance claim in Woodbury, MN, is not always straightforward. The type of covered risk and unique requirements set by your insurance company affect the necessary documentation for your claim. It is advisable to review your policy before any dangers occur. Kriener Insurance can provide valuable assistance in filing your claim. Here are the general steps for filing a homeowner’s insurance claim.

File a Report for the Covered Risk

Based on the incident you are reporting, you may need to contact your local police department and file a report. Collect a copy of the report; this documentation will be essential for your claim. Contact your insurance company as soon as possible and follow their guidelines strictly. It’s crucial to file the claim as soon as possible in cases of theft, injury, or damage to hasten the recovery process. If repairs are needed, especially those related to safety, begin as early as possible.

Collect as Much Evidence as You Can

Document the incident extensively. In case of any damage, take plenty of photographs. This is vital, especially if you need to make your home habitable again. Create a list of damaged or stolen possessions along with their approximate value. This task will be significantly easier if you’ve already inventoried your possessions. If not, work from memory. Your insurance company will schedule an assessor to examine your property’s damage. It would be helpful to accompany the assessor, pointing out significant damage areas. Reviewing your photographs might aid you in filing a more comprehensive claim. Stay in touch with your insurer to facilitate the claim processing.

If you require a homeowner’s policy to protect your residence and belongings, Kriener Insurance can help. Contact our team in Woodbury, MN today to get started.

Filing a Claim for Smoke Damage in Renters Insurance

Posted on August 30, 2024August 20, 2024 by admin

Smoke damage in Woodbury, MN, can be detrimental, leading to significant damage to your personal possessions and residence. To recover the costs associated with smoke damage, make a claim through your renter’s insurance.

Comprehending Your Coverage

Renters insurance offers coverage for smoke damages stemming from various sources, such as accidental fires, wildfires, or smoke from adjacent properties. Further, renters insurance could also cover temporary accommodation expenses if your primary residence becomes uninhabitable due to smoke damage.

Recording the Damage

Before initiating a claim, ensure meticulous documentation of the damage. Capture detailed photographs and videos of the damaged areas and items. Compile an inventory listing each impacted item’s condition and estimated value. Include purchase proofs or receipts for high-value items in your records if available.

Informing Your Insurance Company

Contact your insurance provider immediately upon noticing the smoke damage. Insurers usually set a limited period within which damages must be reported or claims filed to qualify for substantial coverage.

Collaborating with the Adjuster

Post-claim filing, the insurance agency deploys an adjuster to assess and document the damage. During the adjuster’s inspection of your home and review of your records, ensure full cooperation and provide any extra information as requested. The degree and amount of coverage to be allotted for your claim will be decided thereafter.

Concluding Your Claim

Upon completion of the adjuster’s assessment, the insurance company will process your claim and propose a settlement. If both parties consent to the settlement, payments are issued, allowing you to commence repairs and replace damaged items. Once signed, the agreement cannot be reopened for negotiation.

Choose Kriener Insurance for Your Insurance Needs

Kriener Insurance offers our knowledge of insurance necessities, serving Woodbury, MN, and surrounding locations. Contact us today.

Enhance Your Coverage With an Umbrella Insurance Policy

Posted on July 30, 2024July 23, 2024 by admin

There are many ways to protect yourself and the things that matter most to you. One of these methods is through an umbrella insurance policy. If you’re in the Woodbury, MN area and looking for additional coverage beyond your existing policies, Kriener Insurance is here to help. Our trusted agents understand the value of keeping yourself safe and protecting what’s yours, and we aim to help make that easier for you.

Umbrella coverage is designed to supplement when you’ve reached the maximum limits of another policy. For example, if you have a claim on your auto or home policy that surpasses its limits, you could then utilize your umbrella policy for the remainder of the claim. This can make a significant difference in a large claim’s outcome while offering peace of mind. Whether you’re a business owner, have significant personal assets, or want extra protection, there are options.

Obtaining umbrella coverage is easy and convenient when collaborating with a dedicated, professional agent. This partnership can help you choose from quotes from different insurers, allowing you to find one that suits the extent of coverage you’re seeking. The security you’ll have with plenty of additional coverage is a great way to feel more confident and in control of your future, reducing your worries.

Contact us at Kriener Insurance today if you’re in the Woodbury, MN, area and seeking an umbrella insurance policy. We’re committed to assisting you in obtaining the right coverage for all your needs so you can secure enhanced protection for wherever life takes you. There’s genuine value in feeling protected, and umbrella coverage is a great source of that confidence.

Three Reasons to Consider Buying Life Insurance When You Start a Family

Posted on June 28, 2024June 24, 2024 by admin

Starting a family comes with many responsibilities and considerations. Most people find themselves pondering what would happen to their family if they were no longer around. Planning for the future is crucial, and life insurance plays a critical role in ensuring that your family stays protected.

The thought of not being there for your family’s significant milestones is disheartening, but planning for such uncertainties is vital. At Kriener Insurance, servicing Woodbury, MN, we offer life insurance to our clients. Here are three compelling reasons to consider life insurance when you start a family.

1. Life Insurance Provides Support In Difficult Times

The sudden loss of a loved one can trigger an intense grief process. Life insurance can significantly lessen the financial burden during these challenging times.

2. Life Insurance Offers Peace of Mind

Life insurance can assuage these worries if you’re concerned about your family’s future in your absence. You can rest easy knowing your family will be financially supported, even when you’re not there.

3. Life Insurance Buys Your Family Time To Adjust

When a family member passes away, the transition to a new normal can be taxing. Questions such as who’ll care for the children, how the bills will be managed, or even the necessity of relocating come into play. Life insurance can help to meet these costs during this transition period, making the process less stressful.

Are you considering a life insurance policy? Kriener Insurance, servicing Woodbury, MN, is here to assist. Contact us today.

Insurance for Electric Vehicles: What You Need to Know

Posted on May 27, 2024May 24, 2024 by admin

Are you considering switching to an electric vehicle, or have you recently purchased one? Here at Kriener Insurance, we serve Woodbury, MN, and the surrounding areas. We understand that insuring an electric vehicle can come with its own set of questions and challenges. That is why we provided some information about insurance coverage for electric vehicles to ensure you’re fully protected and can have peace of mind when traveling.

Understanding Electric Vehicle Insurance Needs

Electric vehicles are different from traditional gas-powered cars, and so are their insurance needs. Generally, electric vehicles may require higher insurance premiums due to their advanced technology because of the cost of their parts and the specialized repairs they might need if damaged.

Coverage Essentials for Electric Vehicles

When insuring your electric vehicle, there are a few coverages you’ll want to ensure are included in your policy. Comprehensive and collision coverages are crucial, as they protect against physical damage to your vehicle. However, you should also consider additional liability coverage, as the higher value of electric vehicles can increase potential liability costs.

Special Considerations Like Batteries

Owning an electric vehicle also brings some unique considerations. Battery coverage is a significant aspect since replacing an electric vehicle battery can be extremely costly. So keep that in mind.

Ready to Secure Your Electric Vehicle with the Right Coverage today?

If you’re in the Woodbury, MN, area and considering insurance for your electric vehicle or want to update your existing coverage, contact us here at Kriener Insurance. We’re here to help you navigate the specifics of electric vehicle insurance, ensuring you have the protection you need to drive confidently and securely. Let’s talk about how we can meet your insurance needs today.

Does Commercial Insurance Cover the Replacement of Stolen Equipment?

Posted on April 26, 2024April 25, 2024 by admin

How Commercial Insurance Can Aid in Equipment Replacement

Here at Kriener Insurance, based in Woodbury, MN, we understand the concerns faced by business owners when it comes to replacing stolen equipment. Often, the major obstacle in compensating for such losses is insufficient funds. Insurance policies vary significantly, but certain plans may assist business owners in bearing these costs, as defined by the policy’s terms and within its limits.

Can Commercial Insurance Cover the Replacement of Stolen Equipment?

While a blanket answer doesn’t exist due to the diversity of insurance plans, some commercial insurance policies will cover the expenses of replacing stolen equipment provided certain stipulations are met. Commercial insurance typically won’t cover the stolen equipment if its value is not part of the business or its value exceeds the policy’s limits. However, if the terms of your policy cater to such a scenario, the costs of replacing stolen equipment may be partly covered.

If your business equipment is stolen, adhere to all prerequisites when filing a claim. If you’re uncertain whether your stolen equipment is covered under your commercial insurance, you can reach out to insurance professionals. As experts in the field, they would be pleased to guide you.

If you want information on the scope of commercial insurance coverage, contact Kriener Insurance in Woodbury, MN. Our team would relish the chance to illustrate how commercial insurance can shield your business against theft, liability, and more.

Purchasing Home Insurance

Posted on March 29, 2024March 20, 2024 by admin

Having secured homeownership, it is time to take responsible measures to protect your property from mishaps. With the proper guidance, purchasing home insurance is indeed manageable.

Key Aspects to Consider

Before you buy home insurance, consider a few elements: Which possessions would you like to cover? How much home insurance will be adequate? Which company can effectively cater to your requirements? Which policy type is optimal for you?

Identifying Assets for Coverage

Do you own valuable assets such as jewelry, artwork, or expensive antiques? Owning a swimming pool could entail potential risks and liabilities, thus requiring extra coverage. Be mindful that many home insurance policies don’t include flood insurance.

Estimating the Required Insurance

You should estimate the cost to rebuild your house, which includes outdoor furniture and personal items, while taking note of the replacement costs. Keep an up-to-date documentation of your belongings.

Selecting a Home Insurance Company

The ideal company should provide coverage in your area, offer attractive discounts and competitive rates, have a good financial strength rating and positive reviews, and provide considerable support.

Choosing a Homeowner’s Insurance Policy

Upon assessing what coverage is needed and the insurance amount needed, it’s time to settle on a policy. Do not wait for a disaster to strike before reviewing your insurance policy. Always do so beforehand.

Insurance Services at Kriener Insurance in Woodbury, MN

If you are a homeowner needing home insurance in the Woodbury, MN area, consider the services of Kriener Insurance. Our dedicated, knowledgeable agents are committed to meeting your insurance needs.

Everything You Always Wanted to Know About Renter’s Insurance

Posted on February 16, 2024February 15, 2024 by admin

There are some advantages to living in a rental property. If a pipe bursts or a pest problem gets out of hand, you can always get your landlord to take care of it. However, your landlord can’t be held responsible for everything, so having some renter’s insurance to cover the unforeseen is a good idea. Of course, there are a few things you may want to know before getting into renter’s insurance.

Is Rental Insurance a Requirement?

Not by law, but some landlords will make it part of the lease agreement. It’s proof that you’re a low-risk tenant and will cover housing costs should you be displaced due to damage to the rental property.

What All Does Rental Insurance Cover?

The standard policy covers liability, medical payments, loss, and personal property. If someone or their property is damaged on your rental property, rental insurance covers that and pays off their medical bills. If you can’t use your rental property because of damage, rental insurance will pay your hotel fee and restaurant bills. If your belongings are damaged, rental insurance will cover that.

Is Rental Insurance Expensive?

Some policies are so inexpensive that college students can afford them. College students and renters with very little in the way of savings are prime candidates for rental insurance to prevent being wiped out by an unavoidable disaster.

Will My Roommate’s Policy Cover My Belongings?

This is one thing roommates don’t typically share. Not all insurance companies or states will allow roommates to share a policy, so it may be best to get your own.

Contact Kriener Insurance in Woodbury, MN

Do you have more questions? Most likely, you do. If you are in Woodbury, MN, the agents at Kriener Insurance will be happy to help with any questions or concerns.

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