4 Important Benefits Of Life Insurance

Patrick McNealis Insurance and Financial Group serves the Emmaus, PA community, as well as the surrounding areas. We strive to help our clients take care of their assets. Offering excellent customer service is important to us. We will help you assess your options and find the coverage you need to prepare for the unexpected.

Life insurance helps alleviate some burden off of your loved ones as they cope with your passing. The policy is a valuable asset that helps give your loved ones some peace and comfort as they figure out what’s next. Here is a look at some important benefits of life insurance.

Assist Your Loved Ones In The Face Of Uncertainty

Dealing with loss is painful for everyone. When you pass away, your loved ones will be in charge of navigating your affairs. Life insurance can assist your loved ones as they put your affairs in order.

Final Arrangements

Life insurance can assist your loved ones as they prepare your final arrangements. This will help ensure that there is a smooth transition following your passing.

Help With Future Costs

If you have children, your life insurance policy can help your children go to college. The policy can also help your loved ones take care of your assets.

Inheritance

If you have valuable assets, having a life insurance policy in place can help you leave an inheritance for your loved ones. You’ll have comfort knowing that your assets are in safe hands.

Patrick McNealis Insurance and Financial Group Will Help You Protect Your Assets

Visit our website to learn more information about life insurance or contact our office in Emmaus, PA.

A Guide To Help Local Pennsylvania Drivers Find The Right Auto Insurance Policy

Patrick McNealis Insurance and Financial Group are happy to serve the local Emmaus, PA community, and the surrounding areas. We are committed to helping our clients find the insurance coverage they need regardless of their situation. We look forward to serving you with integrity and trust.

Auto Insurance Policy

Your vehicle is one of your most prized possessions. Auto insurance allows you to protect your asset. Keep in mind that accidents can happen at any time, especially while you are on the road. Auto insurance gives you a safety net in the event of a crisis.

Collision coverage protects your vehicle if you are involved in an accident with another driver. The coverage also protects your vehicle if it suffers damages by hitting a tree or crashing into a fence. You can add uninsured motorist coverage to protect you if your vehicle is involved in an accident with someone who does not have insurance.

Comprehensive coverage protects your vehicle if it is stolen or vandalized. You are also covered if your vehicle is damaged by a fire or a natural disaster such as a tornado. Comprehensive coverage ensures that you are protected regardless of the situation.

Liability coverage is an asset if you are ruled to be at fault for any injures that occurred due to the collision. You are also protected if you cause damage to someone else’s property. You can add roadside assistance to cover you in emergencies. Perhaps you are traveling out of Emmaus, PA, and you suffer engine trouble. You will receive urgent assistance. If you plan to add any accessories to your vehicle, you’ll have to amend your policy to cover the upgrades if something happens.

Patrick McNealis Insurance and Financial Group Will Help You Protect Your Asset

Contact our office to learn more information about auto insurance.  

What commercial insurance is required in Pennsylvania

It isn’t easy to be a business owner. Business ownership comes with many risks and challenges. Having the right commercial insurance policy can minimize the effect of those risks. But how do you know you have the right amount and type of commercial insurance? In Emmaus, PA, you can talk to Patrick McNealis Insurance and Financial Group, your local independent insurance agency. We take the time to get to know our clients, and we will go above and beyond to make sure your coverage is fitted to your needs. 

In Pennsylvania, if you have any employees, you must have Workers’ Compensation Insurance. It doesn’t matter if they are full or part-time or seasonal. This even applies to family members such as children or a spouse. Employers may opt for self-insurance but must show financial ability to meet payments as required under the Workers Compensation Act. 

Commercial Auto Insurance must also be carried on any vehicles owned by the business. It is a bad idea to use personal vehicles and insurance to do business since your insurance may exclude business use. 

Those are the required commercial insurance in Pennsylvania, but some other commercial insurance lines are recommended for just about any business. Commercial property and liability coverage can save your business if a covered peril strikes. Commercial Property Insurance protects the building if you own it. It is still worth it if you rent it since it covers what is inside the building, your machinery, inventory, raw material, office equipment, and records. Commercial Liability Insurance protects you from legal action. It can pay for legal expenses and a judgment against you. The world is a risky place, and small businesses are at greater risk, with a 53% chance of being involved in legal action. 

Contact Patrick McNealis Insurance and Financial Group in Emmaus, PA for all your insurance needs.

Is Home Insurance Required in Pennsylvania?

If you have a mortgage on your Emmaus, PA home, your lender may require that you purchase home insurance to protect his investment. Otherwise, home insurance is an optional choice for Pennsylvania homeowners. If you’re unsure whether this coverage is worth the cost, consider how you would pay for repairs to your home or replace personal goods if they were unexpectedly destroyed in a disaster. Home insurance from Patrick McNealis Insurance and Financial Group offers the following protection for your home and personal property.  

Dwelling Coverage

Pennsylvania is prone to such disasters as wildfires, winter storms, tropical storms, and tornadoes. These disasters can cause extensive damage to a home, leaving you with thousands of dollars’ or more worth of repair costs. Home dwelling coverage protects you against these and other perils that can damage or destroy your home structure. Optimal coverage is that which covers the cost of rebuilding your Emmaus, PA home if it’s destroyed in a disaster.

Property Coverage

Property coverage protects your possessions, from clothes to furniture to appliances, artwork, and electronics. Your coverage should be enough to cover the cost of repairing or replacing your valuables if they’re stolen or destroyed in a disaster. By making a home inventory, you’ll have accurate documentation of all you own to facilitate claiming if and when it comes.

Liability Coverage

If you receive visitors often, you’ll want liability coverage to protect you against accidental injuries on your property. Liability insurance covers such common incidents as slip and falls, kitchen accidents, yard accidents, dog bites, and more. It saves you from paying the high cost of medical bills from accidental injuries out of pocket.

For quality home insurance at affordable costs, talk to us at Patrick McNealis Insurance and Financial Group. 

Should You Review Your Classic Car Insurance Policy?

If you have a classic vehicle, you probably also have classic car insurance. But when was the last time you reviewed or updated your policy? If you haven’t gone over your policy with your agent in a while, you might want to consider doing that. It’s imperative to have the right type and level of coverage, and it’s harder to have that if you’re not exactly sure what it should be. If you’re in the Emmaus, PA area, Patrick McNealis Insurance and Financial Group can help you get the kind of coverage you need for your classic vehicle. We can also review your current policy, so you know if you need to make future changes.

If you’ve recently moved your classic vehicle to a different storage location, done a lot of work to it, or added some modifications, you may need to review your policy and adjust it so you can keep your coverage strong. It’s never a good thing to have an issue with a vehicle and find that your coverage for it wasn’t adequate. By working with a knowledgeable agent to review your classic car policy, you can reduce your risk of experiencing that kind of problem with the vehicle you love and take pride in. We’re here to help you keep your vehicle protected.

Reach out to us today at Patrick McNealis Insurance and Financial Group if you’re in the Emmaus, PA area. We can work with you on the concerns you have with your current classic car insurance policy. That gives you the option to make adjustments and have more peace of mind and coverage. Make sure you don’t feel that there’s a need to make any changes that can help you feel better, as well. Either way, you’ll know your policy was reviewed and that you have the right coverage for your needs.

Protect Your Personal Belongings With Renters Insurance

Renting a place to live can be exciting, but it also comes with some decisions that need to be made. One of those is the best way to protect your personal belongings, and you can do that with renters insurance. At Patrick McNealis Insurance and Financial Group, we help people in the Emmaus, PA area find the insurance products that are right for them. Reach out to us today, and we’ll make sure you can get the renter’s policy that’s going to cover your belongings properly. It’s not always easy to know what to choose, but it’s much less stressful with the right people on your side.

Our dedicated agents will help you protect the belongings you bring into your new rental space, so you can feel good about the protection you have and enjoy peace of mind in your new location. That’s a great way to feel more secure and to sleep better at night. When you’re unsure about the type and level of coverage you’re looking for, talking it through with knowledgeable professionals can make all the difference. That will give you confidence that your belongings are being protected the right way and let you focus on exploring all that the area has to offer.

If you’re in the Emmaus, PA area, contact us today at Patrick McNealis Insurance and Financial Group. We’ll help you find the renter’s insurance policy that’s going to cover your belongings and meet your needs. Remember, your landlord only has insurance on the structure and not on the contents. Your belongings won’t be protected from loss unless you insure them, and we can help you do that the right way. We can also review your coverage periodically to ensure you have what you need to protect your belongings the right way for the long term.

Three expenses your RV insurance policy should cover

RV owners need to understand what their RV insurance policy covers. We can help you to learn more about what RV insurance can cover at Patrick McNealis Insurance and Financial Group.

The following are three expenses that your RV insurance policy should ideally cover if you are an RV owner in Emmaus, PA. 

Costs of a lawsuit resulting from an RV accident

The liability coverage component of your RV insurance will cover the costs of legal representation if you are sued as the result of an RV accident. When you have RV insurance, your insurance company can handle the details of defending your interests in the event of legal disputes as to the result of an accident. 

Repair costs for damages to your own RV

You should purchase collision coverage as part of your RV insurance coverage. This type of coverage will pay for any expenses resulting from repair bills for your RV.

If you don’t invest in collision coverage, you will have to foot the bill for damages to your RV out of pocket. That’s why it’s so important to make sure that your policy includes collision coverage. 

Repair costs for fire or theft damages to your own RV

If you also invest in comprehensive coverage for your RV, you will also be covered for expenses resulting from fire or theft damage.

Comprehensive coverage is especially important to have if you live in your RV full time. Comprehensive coverage offers you coverage for many types of damage to your RV that standard collision coverage won’t provide. 

Get the RV coverage you need in Emmaus, PA today with our help. Visit our Patrick McNealis Insurance and Financial Group office to learn more about our RV insurance offerings. 

How Much Motorcycle Insurance Do You Need in Pennsylvania?

When you purchase a motorcycle in Pennsylvania, it’s vital that you also obtain enough motorcycle insurance coverage to protect you in case you’re in an accident. Patrick McNealis Insurance and Financial Group in Emmaus, PA can help you select the correct amount of motorcycle insurance for your specific situation, after learning about your bike and your usual riding style.

  • Liability Insurance – Quite a lot of damage can occur during a collision, and liability insurance covers damage to anyone else’s vehicle, property, or physical health. This insurance will protect you if you’re sued, and it’s usually a good idea to carry as much liability insurance as you can afford. Your insurance agent will help you decide on the policy that’s right for you. 
  • Uninsured/Underinsured Insurance –  If you are involved in a collision, there’s no guarantee that the other party will be carrying enough insurance to pay your medical bills or repair any damage to your bike. This insurance will help cover you if you’re in a collision with someone who doesn’t have enough insurance. 
  • Collision Insurance – Collision insurance protects your motorcycle itself, and is often required by the company that holds the financing on the bike. 
  • Medical Insurance – This is additional insurance that you can purchase to cover medical bills for you and any passengers on your bike. It may supplement your medical insurance, or it may kick in after your medical insurance is exhausted, depending on the individual policies you carry. 

Once you’ve selected the best motorcycle for you, it’s important also to choose the correct amount of insurance coverage. Patrick McNealis Insurance and Financial Group can help you choose the right policies for you so that you can ride safely in Bethlehem or Emmaus, PA, and be protected in the unfortunate event that an accident occurs. 

Frequently Asked Questions About Umbrella Insurance.

Patrick McNealis Insurance and Financial Group serves the community of Emmaus, PA with quality insurance services for all aspects of life. If you have been considering the coverage you have and wondering if it is enough, it may be time to discuss umbrella insurance coverage. Here are some common questions people have about this type of coverage:

FAQs About Umbrella Insurance Coverage

  • I am not wealthy, but I do have a lot of business assets. Do I need umbrella coverage? Your situation is exactly one that would benefit from umbrella coverage. If you have a lot of assets for your company, chances are you have a lot to lose if things go awry. A quality insurance policy can only cover so much. If you want to make sure you are fully protected, additional umbrella coverage could save your business in a worst-case scenario. 
  • What is umbrella coverage? Umbrella insurance is an add-on policy that can add additional monetary protection for specific situations or items. Some people purchase an umbrella policy to get protection from litigation if they are to be in the public eye; others purchase an umbrella policy to cover a specific item beyond what their typical policy will cover. 
  • Is umbrella coverage a legal requirement? No, you do not have to carry umbrella insurance legally. It is an add on to provide you peace of mind and significantly greater coverage, often for a small price each month on top of your commercial insurance. 

If you live in or around the scenic Emmaus, PA area, contact us at Patrick McNealis Insurance and Financial Group to learn more about protecting your vital assets. We will be happy to answer any additional questions you may have about umbrella insurance and your specific situation. 

Do I Need Flood Insurance?

Flood insurance is one of the more commonly referenced forms of add on insurance coverage for your home. Is it necessary, though? Every homeowner needs to make this decision on his or her own, which is why you need to consider your personal property and whether flood insurance is right. Here at Patricks McNeals Insurance and Financial Group, we want to do whatever we can to educate you on flood insurance and assist you with finding the right answers. So, if you live in Emmaus, PA, here is what you need to know. 

Do You Need Flood Insurance?

Living in Pennsylvania, you might assume you don’t need flood insurance because you’re not at risk of a major hurricane. While this is true, it isn’t the only way properties flood. For starters, after a major winter thaw, you might have far more water around your property than the ground can handle. A massive storm can blow through and damage it, or a pipe might even burst. You probably know someone who had flooding due to a frozen pipe. 

Beyond this, if there is a fire within your property, there’s a good chance of flooding because of the amount of water used to put the fire out. For all these reasons and more, it is a good idea for you to invest in flood insurance.

Flood Insurance For Your Property

With flood insurance, you’re able to protect your property even further. If you are interested in flood insurance, or if you want to learn more about its coverage and other home insurance opportunities, our staff at Patricks McNeals Insurance and Financial Group is here to help. When living around Emmaus, PA, feel free to give us a call to talk about your insurance options and how you can get started with a policy.