Top Types of Commercial Insurance That Your Business Needs

Small businesses play an important role in the economy of Kansas. There are over 258,000 different small businesses in the Sunflower state covering a vast spectrum of firms and companies. If you are a business owner of one of them, you probably understand that to protect your business, yourself, and your employees, you should carry commercial insurance.

Here are the main four types of commercial insurance that any small business needs and why. 

The Types of Commercial Insurance That Your Business Needs

If you own a business and you want to protect it properly, consider having these types of commercial insurance:

  • Commercial general liability insurance. This insurance type provides coverage for general business risks. It covers such common risks as bodily injury, property damage, medical payments, and more. Therefore, it is one of the first types of business insurance that you should consider getting. 
  • Business interruption insurance. This type of commercial insurance covers various incidents that disrupt the earning ability of your company. Any business needs this coverage because it puts a business in the financial position that the business was in before the loss. 
  • Property insurance. The purpose of this insurance is to cover property damage, inventory, and other important assets. It covers a commercial building and its contents, which is perfect for small businesses.
  • Cyber insurance. This type of commercial insurance will cover damage if your business is hurt by any online activity. 

AHI Group – Your Reliable and Trustworthy Insurance Company in Olathe, KS

Are you a business owner operating your business in Olathe, KS and surrounding areas? Are you shopping for any type of commercial insurance? Do not look any further – AHI Group is here for you. Our insurance company will help you find the right policy based on your preferences, budget limits, and insurance needs. Visit us today or give us a call for more information. 

Things home insurance won’t cover

Home insurance provides a safety net that homeowners count on to get them through good times and bad. Home insurance does offer a lot of protection, but there are some things that it just won’t cover. At AHI Group in Olathe, KS, our team knows home insurance, and we provide our customers with the information that they need to protect themselves as completely as possible. 

Things home insurance won’t cover

Expensive jewelry

One thing you need to do is to read your home policy to find out how much jewelry coverage you have. In most cases, it will be a shock to find that you have very little. You can add a rider to your policy to give you the coverage you require to make sure your jewelry is covered. 

Electronics

Another thing you need to check is your electronics coverage. If you are like most people, you have quite a few electronics and basic home insurance coverage is low. You can also add a rider to give you this coverage. 

Floods

Flooding causes a lot of damage, and if your home gets flooded, your home insurance won’t cover the damage. Luckily, if you are at risk, you can get flood insurance through the NFIP. 

Earth movement

Earthquakes, sinkholes, land, and mudslides are all excluded from your home insurance coverage. Again, if you feel you are at risk, you can buy an additional policy to cover this. 

Owner neglect

As a homeowner, you are responsible for maintaining your home. Home insurance won’t pay for things that just wear out or for a roof that has become leaky because it is old. Termites are not covered, you need to get termite treatment to protect yourself. 

Give Us A Call

Contact AHI Group in Olathe, KS when you need information or a home policy review. You can reach us at our office or give us a call. 

Three common misconceptions you should be aware of about RV insurance

As the owner of a recreational vehicle, you need to find the right RV insurance option for your situation. AHI Group offers RV insurance to consumers in the greater Olathe, KS community. We can help you get the information you need to make the right decisions about RV insurance coverage.

The following are three common misconceptions you should be aware of about RV insurance:

There aren’t any major differences between RV insurance and auto insurance

RV insurance policies are not the same as auto insurance policies. Although there are some similarities, RV insurance offers some helpful features like extended liability coverage and full-time coverage for those who live in their RV. 

RV insurance always includes roadside assistance

Having roadside assistance is important because roadside assistance gives you a service to rely on if your RV breaks down or becomes involved in an accident.

With roadside assistance, you can have a tow truck come out to your location and bring your vehicle to a mechanic shop if you are involved in an accident. This way, you will not be left stranded. Roadside assistance can be a real lifesaver when you’re dealing with an RV accident or breakdown. 

Premiums are more expensive for RV insurance

One of the most appealing details about RV insurance is that it is often less expensive than standard auto insurance. Insurance providers sometimes charge less for RV insurance since RV use tends to involve fewer risks than standard automobile usage. 

Contact Us Today

Let us come to your assistance so that you can choose an RV insurance policy in Olathe, KS. At AHI Group, we’re devoted to helping our clients to meet their insurance coverage needs and protect their financial health. 

Is a whole life policy the right option for your family?

AHI Group is proud to serve the insurance needs of our friends and neighbors in the greater Olathe, KS area. Life insurance can provide useful protection for families to have in place. If you are wondering which type of policy is right for your situation, we are here to help. 

Are you considering a whole life policy for your family?

The main benefit of choosing a whole life policy to protect your family is the benefits that are available during your lifetime. Because this type of policy has a cash value in addition to its death benefit, it is often a top choice for families. This cash accumulation can help take care of many major life expenses for both you and your family.

If you are planning to pay for your children’s college education, or are looking for an effective way to boost your retirement savings, a whole life policy is an effective choice. Additionally, the funds associated with these types of policies can also be used for exciting purchases like a vacation home or to cover the wedding expenses for a family member.

Parents who want to protect their young families with a permanent policy can feel comfortable selecting a whole life policy. If you aren’t quite sure if this type of policy is right for your needs, it’s time to sit down with a local agent who can provide additional information. 

Call or stop by today to learn more!

If you are a resident in the greater Olathe, KS area, the team at AHI Group is here to help you with all of your insurance needs. Finding the right life insurance policy to protect your family doesn’t have to be an ordeal. Give us a call today and let us help!

What are the auto insurance requirements in Kansas?

Like every other state, Kansas has auto insurance requirements for basic coverage. Whether this basic coverage is right for you or not is something that talking to your local independent insurance agent will help you decide. AHI Group in Olathe, KS has a team of experienced insurance agents who will put your interests first. 

What are the auto insurance requirements in Kansas?

In Kansas, the required auto coverage is 25/50/25. This is all liability coverage. $25,000 for bodily injury to one person injured in an auto accident where you have been deemed the responsible party and $50,000 if more than one person is injured. It also included $25,000 for damage to property. You need to consider if this liability coverage protects your assets or whether you need additional coverage. 

For those who have a car loan or are leasing their vehicle, basic coverage will not be acceptable. While the lender or lessor owns the vehicle, you will need to protect it with collision and comprehensive coverage. 

While you must have the required liability coverage, protecting your auto if you own the vehicle is optional. You need to ask yourself if my vehicle was damaged or totaled, would I be able to repair or replace it on my own? If your answer is no, then you need to consider adding additional coverage to protect it. Having to be without a vehicle would be a hardship for most people who count on their vehicle every day for the normal activities of daily life. 

Beyond the requirements, there are other optional coverages that can make your policy a better fit for you and your lifestyle. Full glass coverage will replace your vehicle windows without a deductible, roadside assistance will help you if your vehicle breakdown, won’t start or has a flat tire. 

Get Auto Insurance Today

Contact AHI Group in Olathe, KS to get your auto policy reviewed and to discuss the coverage that you need. 

Required Commercial Insurance in Kansas

Owning a business in Kansas requires having certain types of commercial insurance. There are many different types of commercial insurance, and you likely need to have more types of coverage than are mandated by law in order to be well protected. If you need commercial insurance for your business, call us at AHI Group in Olathe, KS to find out more about it. 

Required Commercial Insurance

Workers’ Compensation Coverage

In Kansas, all employers are required to have workers’ compensation insurance for all of their workers with no minimum number of workers for the requirement. However, there are a few exceptions to this rule. If your business has an annual payroll that grosses less than a specific amount, you aren’t required to have this insurance. There are also exceptions for certain agricultural jobs. Otherwise, you must have this insurance in place so that your employees are protected in case they are injured on the job. This also protects your business by paying for the medical bills of injured workers so that your business won’t have to. This insurance also gives workers disability benefits if they are injured. 

Commercial Auto Coverage

Any vehicles that your Kansas business owns are required to have a commercial auto insurance policy. This insurance will cover accidents that are caused by your vehicle so that your business doesn’t have to foot the bills. There are specific required amounts in each policy for different kinds of coverage. There are two required amounts for bodily injury liability and one amount of coverage required for property damage liability. There is also a personal injury protection coverage amount required. The state also requires coverage for uninsured and underinsured motorists. 

Get Commercial Coverage

If you own a business in Kansas, make sure you have the commercial insurance that you need. Contact us at AHI Group in Olathe, KS.

What every new homeowner needs to know about home insurance

Home insurance is not something that most people have a lot of exposure to until they buy their first home. Suddenly, you are expected to be an expert. Most people aren’t. That is why they count on the AHI Group of Olathe, KS to help fill in the informational gaps. Our experienced team has many of the answers you may need and we are happy to share our knowledge as part of our customer service. 

New Owner’s Home Insurance: What You Need To Know

Home insurance has exclusions

You may feel as though your home is completely protected from anything that might happen to it when you purchase your first home insurance. That feeling is misplaced. Unfortunately, there are quite a few things that could happen that won’t be covered. Home insurance does not cover flooding, earth movement, any kind of owner neglect, and sewer backup. Most of these things can be covered by a rider or an additional policy. 

You have to choose the type of property coverage you want

Two types of content coverage are offered. You can choose to replace all the things you own at their current value, which includes depreciation, or you can cover them at the cost today to replace them with a similar item. 

How much liability insurance is enough?

Your liability coverage should reflect your level of risk and the number of assets that you have. One size fits all is definitely not the right route to take with this coverage. 

Some coverage has limits

When it comes to some of the things that you own, like jewelry, your policy will not cover unlimited amounts. If you have more than just an engagement ring, your coverage will probably be inadequate and you need to add a jewelry rider. 

Contact AHI Group

If you live in or near Olathe, KS, we can help you to get the right home insurance for your home and finances.