Does Commercial Insurance Cover Sewer Flooding Damage?

One of the top ways to protect your business or company from a lack of coverage is to know the terms and limitations associated with the commercial policy that is in place. One hazard that you may not consider, but can be a threat year-round is a sewer back up. This type of threat can strike any business at any time. 

Protection From Sewer Back-ups 

The sewer system can back up for many reasons and can pose a real threat to any structure in the area. Most commercial insurance policies offer protection from broken pipes and sewer back-ups. Keep in mind, however, that the terms of each policy can vary, which is why you need professional assistance from a licensed agent when shopping for an insurance policy. If you are at a higher risk for a threat, you may need a more comprehensive policy to offer better protection. Discover your option when you make an appointment for a consultation. 

Know What Your Options Are

If you want to get the best coverage, you need to know what your options are and how much coverage you actually need. Guessing about insurance coverage can spell disaster. That is why business owners in and around the Portland ME area should consult with Noyes Hall & Allen Insurance so they know exactly where they stand and what type of policy works best for their situation. 

Don’t take chances with your coverage. Business owners in and around the Portland, ME areas should call or stop by Noyes Hall & Allen Insurance agency and speak with a knowledgeable representative today to gather more information and begin the process of getting high-level coverage. 

Maine Basic Auto Requirements

Maine’s roads cast is treacherous, especially during winter. At Noyes Hall & Allen Insurance of Portland, ME, we want you to remain safe. Insurance can help you do that. Auto insurance helps pay for your medical bills and that of another party if you cause the accident. It is a way of making sure you can get the medical treatment you need after an accident. It also pays for your vehicle repairs. That is why states, including Maine, require you to carry auto insurance before operating a vehicle on the roads.

Like most states, Maine has minimum coverage requirements. You must have this insurance in order to register your vehicle. While you have to purchase the minimum, realize that it may not be enough to adequately protect you.

You must purchase a 50/100/25 policy at a minimum. That means coverage of $50,000 per person and $100,000 per accident for bodily injury coverage, plus $25,000 for property damage. It also requires medical payments coverage of $2,000 per person and uninsured/underinsured motorist (UM) coverage of at least $50,000 per person/$100,000 per accident. This type of policy pays for your and your passengers’ medical costs if the person who caused the accident has no insurance or too little insurance to cover the costs.

You may want to add comprehensive coverage or increase the coverage beyond the minimums. Noyes Hall & Allen Insurance of Portland, ME can help with that. We can provide you with a minimum policy and help you with additional coverage. Call us or come by for a visit. We’re here to answer your questions about insurance and help you find the coverage you need to drive Maine’s roads.

Commercial Insurance to Protect Your Small Business

Small business owners are the heart of the American economy. Maybe you are not big enough to be listed on the Dow Jones Index, but your enterprise is what drives Main Street in towns across Maine. However, you should not get complacent. Small businesses are susceptible to lawsuits, workers compensation claims and other situations that they cannot handle as readily as large corporations. It is imperative that you have protection for these times.

To keep your business safe in times of adversity, you should consider comprehensive commercial insurance. Contact us at Noyes Hall & Allen Insurance to speak with one of our agents today.

Following are examples of commercial insurance that many small businesses in the Portland, ME region find beneficial, along with some factors used to decide which, and how much, insurance to purchase.

Liability

These policies can protect you when held liable for harm done to another.

A customer or supplier who comes into contact with your business may get injured or sick for example. You will then need funds to take care of medical bills or legal fees. Liability policies can help defray certain of these costs.

Commercial Auto

If your business uses vehicles to transport things or people, then you will probably need some commercial auto insurance.

It is best not to rely on your personal auto insurance, even if you do use your everyday car for these purposes. Commercial auto insurance policies usually cover situations that your personal auto insurance will not.

Errors and Omissions

It is imperative that professionals, such as lawyers, accountants, and others who work independently, have error and omissions insurance. These policies help individuals who provide services and dispense advice when they are charged with negligence.

As you never know when a client may be dissatisfied with your work, it is best to have adequate errors and omissions insurance in place at all times.

Factors to Consider Before Choosing a Policy:

  • Annual revenue

  • Location

  • Number of employees

  • Rent

Get More Information Today

Contact Noyes Hall & Allen Insurance today to learn more about specific commercial insurance policies in the Portland, ME area and beyond.

What Maine Small Business Owners Need to Know About Insurance

Running your small Portland, ME business can be a rewarding and satisfying endeavor. However, without the right liability insurance coverage, running your small business open you up to lawsuits. Here is a brief description from Noyes Hall & Allen Insurance of the most common business liability insurance.

Worker’s Comp

Worker’s compensation insurance is required in Maine for any business with employees. As a business owner, you need to stay up to date on your state’s requirements concerning worker’s compensation insurance. Worker’s compensation insurance protects your employees when they are injured on the job. This also protects you as the employer from liability for said injuries.

Liability Insurance

General liability is one of the most important types of insurance for the small business owner to have. Liability can come in many forms. Individuals can get injured on your property or by your product. Something could go wrong with a service you provided resulting in damage or injury. Liability insurance will protect you in these situations and ensure that your company is not required to pay out of pocket for these types of liability claims.

Commercial Auto

If your company owns vehicles in order to provide services or deliveries, then you need business auto insurance. Commercial vehicle insurance can cover your drivers and your vehicles in the event of an accident. If your company uses vehicles, then you will no doubt have invested a good deal of money into those vehicles. This will protect that investment.

Umbrella Insurance

Commercial umbrella insurance policies help small business cover all their bases in one simple policy. Umbrella policies provide high limits of liabilty over your general liability and business auto policies. To learn more about small businesses, contact our friendly staff at Noyes Hall & Allen Insurance serving Portland, ME at 207-799-5541. We offer a choice of Maine’s best business insurance companies, so we can help you find the best value. We’re independent and committed to you.

What Should You Do If Your Car is Stolen?

No one wants to wake up or walk out to a parking lot after shopping and discover their car has been stolen. Unfortunately, this is a situation hundreds of thousands of people find themselves in each year. If your car has been stolen, you may find yourself wondering what to do, or what order to do things in. Here is some information from Noyes Hall & Allen Insurance, serving the greater Portland, ME area. 

File a Police Report

After your car has been stolen, the first thing you will want to do is file a police report. This ensures your vehicle is listed as stolen, which may help the police to locate it faster. It also helps to protect you in case the individuals who took your car causes damage to other vehicles or property with your car. 

Contact Your Insurance Company

Once your car has been reported stolen with the police, you will want to contact your insurance company. Let them know that your vehicle has been reported stolen to the property authorities, and if you have it, provide them with the police or case number. The insurance company requires you to wait a period of time before they will pay out on a stolen car claim, so starting the clock as soon as possible is essential. 

Unfortunately, not every insurance policy covers your car if it is stolen. If you are looking to learn more about auto insurance, find out what coverage you have, or increase your coverage in the greater Portland, ME area, let Noyes Hall & Allen Insurance help you. Contact us today to schedule an appointment to discuss your auto insurance coverage. 

Is Commercial Auto Insurance Right for Your Small Business?

Even if you just started up your small business in the Portland, ME area, it is a good idea to sit down with one of our friendly agents at Noyes Hall & Allen Insurance to make sure you have the coverage you need. Maybe you are using your personal van, truck, or SUV to save on capital expenditures. If so, your personal auto insurance might not fully protect you or your business. You may need  commercial auto insurance.

Making Deliveries in Your Own Vehicle?

If you are delivering goods to clients in your vehicle and cause an accident, an injured party may go after your personal assets as well as your business. A commercial auto insurance policy would provide the liability protection your growing business needs to stay afloat.

Sending Someone for Business Errands

Do you ever send someone to get supplies, tools, or even lunch, using their own vehicle?  That’s a business use. Your business can be sued for any injuries or damage they cause. Of course, if you have employees, you need to purchase workers compensation insurance to pay their medical bills and lost time.

Driving the Crew to a Job

When you are the boss and are offering transportation in your SUV to your workers, it becomes a business vehicle. Make sure that you carry sufficient coverage for liability and medical expenses if something goes wrong.

When starting a business, it’s important to control expenses. But improper insurance takes big chances with your personal investment. By purchasing the right commercial liability, auto, and workers compensation insurance, you allow your Portland, ME business to grow instead of being bankrupted by a lawsuit or other disaster.

Give our agents a call at Noyes Hall & Allen Insurance for more tips and the right coverage today.

Why Maine is a Great Place to do Business

Are you thinking about opening a business in Maine?

If so, you should consider doing so in Portland, ME. This city stands out as a location where entrepreneurs have access to all the resources they need to find success with their new business. In fact, Portland has been ranked as the ninth best location for women entrepreneurs and number five for starting a business overall. If you are starting a business, you need to protect it with proper commercial insurance coverage with the help of Noyes Hall & Allen Insurance.

Keep reading to find more reasons why Greater Portland is such a great place to start a business.

Maine Has Great Support Network for Entrepreneurs

The history of underemployment in Maine has helped to spark several institutions that are designed to support and fund entrepreneurs. For example, The Maine Venture Fund, which was established in 1995 has currently received more than $13 million to provide startup companies. Maine Center for Economic Development, Startup Maine, Top Gun, Greenlight Maine and other resources help startup business owners to network and learn. Several Portland coworking spaces offer work and meeting rooms, including Think Tank, Cloudport, Engine Room and Peloton Labs.

Integration of  Maine Values into Business 

Another reason that Maine is such a great place to do business is the fact that this is a location where values are at the forefront of business ideas. For example, a recently opened company, American Roots, sells ethically sourced, fleece clothing made in Maine. The state is brimming with young values-based companies including GrandyOats, Heritage Seaweed and Flowfold.

As you can see, the Portland Maine area is a great place to open a business. Before you take the leap, be sure you have the proper protection for your business. The best way to do this is by purchasing a robust insurance policy from a quality insurer. Contact Noyes Hall & Allen Insurance today. We offer a choice of Maine’s preferred business insurance companies. We’re independent and committed to you.

 

What to do if You Have an Accident

Car crashes can be a devastating event, leaving you feeling shocked and confused. Having the right information before you ever have an accident can give a better grip on the situation. The Noyes Hall & Allen Insurance in South Portland, ME have experts that can provide you with information about auto insurance and what to do if you have an accident.

Assess Any Injuries

When you are first struck by another vehicle, you may feel a little disoriented. If the accident is a minor fender bender and you have neck or back pain, it is crucial that you don’t move until you are seen by a registered EMT or paramedic. You can cause further injury if you delay medical treatment. Check to make sure that your passengers are also uninjured.

Move Over Safely

If it is at all possible, move your vehicle to a safe location out of the way of moving traffic. If your car is too damaged, turn on your hazard lights and then call 911. If you are not injured, safely look at the damage to your car and the other vehicles involved. Many people take photos of the damage with their cellphones. This can be helpful in the claim process.

Get Information from Others

Gather your insurance card and driver’s license. Get the same information from the other drivers involved as well as their license plate numbers and type of vehicles. Try to do this before the police come, if it’s safe to do so. Although the police will gather this info and create a police report, these can take days to be available. It is essential to document everything you can. Over time, your memory from a traumatic event is less reliable than photos.

Have Enough Auto Insurance

Before you are ever in an auto accident, make sure your insurance is up to date. In Portland, ME, the professionals at Noyes Hall & Allen Insurance can help you stay safe with the right kind of coverage for your vehicle. Contact us to get a quote.

Commercial Insurance for Maine Small Business

Maine small businesses face many of the same hazards as their larger counterparts. They are also unique, and as such, they have unique insurance needs. For businesses in the Portland, South Portland and Scarborough, ME area, the agents with Noyes Hall & Allen Insurance can help you to find the right insurance policy to protect their unique operations.

Maine small businesses are not legally required to carry property or liability insurance. If your business has employees, you must carry Workers Compensation insurance, though. Smart business owners know that insurance is a cost-effective way to protect their investment in property such as inventory, fixtures and equipment. They also know that business liability insurance will protect them from lawsuits alleging negligence that causes injury or property damage.

Many business contracts require proof of insurance. These include rental agreements and leases, equipment leases, and independent contractor agreements.  A Noyes Hall & Allen Insurance agent can help you determine what kind of insurance you need and how much. They’ll help work within your budget so you don’t buy too much – or too little – insurance. For those in the Greater Portland, ME area, Noyes Hall & Allen Insurance offers the choice of several of Maine’s preferred insurers. We’re independent and committed to you. Call us at 207-799-5541.

Homeowners Insurance and Accidents on Your Property in Maine

Having the right home, condo or renters insurance policy is an essential step toward protecting your most valuable asset. It’s an important tool that will protect you and your family financially should a disaster occur. Home insurance policies allow you to recover following events such as fires, weather damage, theft or vandalism. They can also help with the replacement of structures on your property if they are destroyed. The coverage you need depends on your situation. That is why it is important to get to know your agent at Noyes Hall & Allen Insurance. They serve the Portland, ME area, so they understand the challenges that Maine homeowners face.

Liability Insurance Protects Your Assets

One aspect of home insurance to address with your agent is the amount and type of liability insurance that your policy provides. If someone is injured  and you are found to be at fault or negligent, you could be held responsible for their medical expense and legal fees if they decide to sue.  Injury can be caused by a dog bite, slip and fall, swimming pool accident or even a rock thrown from a lawn mower. This can financially ruin many homeowners. Having the appropriate amount of insurance can prevent this unfortunate situation and help you recover financially. You want to take care of your obligations. An adequate home insurance policy can help you achieve these goals.

Questions About Insurance and Your Personal Liability?

Contact a Noyes Hall & Allen Insurance agent in South Portland at 207-799-5541. Our knowledgeable staff has worked for a long time with clients throughout Portland and the southern Maine area, so we understand the needs that you, as a homeowner, have. Just checking prices for now? You can get up to 5 instant Maine home insurance quotes by clicking the “get a quote” button above. We offer a choice of Maine’s preferred insurance companies, so we can compare options for you. We’re independent and committed to you. Contact us and get the protection and coverage you need today!