Investing in life insurance is one of the most important things to do to ensure that the financial future of your family will be secure. We can help you meet your life insurance needs in Ball Ground, GA at The Sanford Group.

The following are three questions you should ask before you buy a life insurance policy in Georgia.

What different types of life insurance coverage are available?

There are numerous types of life insurance you should be familiar with before you decide which policy to buy. They include term life insurance, whole life insurance, and universal life insurance. 

Term life insurance is a good life insurance solution if you only need coverage for a pre-determined period of time like five, ten, or twenty years. If you want coverage that lasts for the rest of your life, opt for a whole or universal life insurance policy. 

How much life insurance do I need?

The amount of coverage you need depends on the needs of your dependents. You want your dependents to be able to maintain their current standard of living after you pass away. The more dependents you have and the longer your dependents will rely on you financially, the more coverage you’ll need to buy. 

What is a life insurance death benefit?

The death benefit is the amount your beneficiaries will receive if you pass away while your policy is still active. The higher your death benefit amount is, the higher your premium costs are likely to be. 

If you want to explore our life insurance options in Ball Ground, GA, contact us at Sanford Group. We’ll help you find the life insurance policy to meet the financial needs of your family. 

Commercial property insurance is an essential commodity in Ball Ground, GA. You especially need coverage if you own the land upon which your business sits. Many entrepreneurs in Georgia have commercial property insurance without understanding how such a plan works to benefit them. The Sanford Group can help you get the most out of your indemnity policy. 

What does commercial property insurance do?

Much like home insurance, commercial property insurance helps pay for damages to the structure as well as equipment inside used to conduct business. The best indemnity plans also pay for supplies and inventory lost or damaged under covered events. 

Some commercial property insurance plans cover lost or damaged property that does not belong to the policyholder. Such a perk is especially useful to entrepreneurs who lease equipment. You only need to show proof that the items are entrusted to your care to receive coverage from your insurance plan. 

How do commercial property insurance policies work?

There are essentially two types of commercial property insurance coverage options:

• Replacement cost coverage, where your policy pays to repair or replace items with the same or comparable products; 
• Actual cash value coverage, where your insurance plan pays the current value of the damaged item. 

Actual cash value may not be the best option if your company has a lot of electronics. You will only get the market value of the items, which may not be much. Replacement cost ensures that you receive new products to compensate for the loss of damaged or lost items. 

How much commercial property insurance do you need?

An insurance specialist at The Sanford Group can help you determine how much commercial property insurance your business needs to remain financially sound when the unthinkable happens in Ball Ground, GA. Call them today for a quote!

Agents of The Sanford Group understand that Ball Ground, GA is not known for earthquakes. Hurricanes, tornadoes, and other forms of severe weather are extremely common, but earthquakes are believed to be a West Coast problem. The fact is, Georgia is in an area that may eventually begin to experience this type of seismic activity. Having an insurance policy that covers earthquake damage will be beneficial in the long run. 

Where Are Fault Lines Located

While everyone knows about the fault lines out west in California and the surrounding states, very few are aware if those that affect Georgia and other southeastern states. The major fault lines affecting this area are located in South Carolina and eastern Tennessee and stretch for several hundred miles along with the Smoky Mountain range. The fault lines are well known to those who live in the area, but if you are new to the area, you should learn as much as you can.

What Should You Be Aware Of

People who live in north Georgia experience minor earthquakes rather frequently. While most never rise above 2.5 or 2.7, they do occur. In one two year stretch, the area experienced 18 minor earthquakes. While these do not cause much damage, the possibility of a more intense earthquake is always present. 

If you are a resident of Ball Ground, GA and would like to know more about your risks living in an earthquake-prone area, call the agents of The Sanford Group. They can show you where the fault lines and provide you with the information you will need to make an informed decision when it comes to purchasing earthquake insurance. Contact their office today so you can fully protect your home from significant loss if an earthquake does occur!

Whether you enjoy taking your antique car for some tour around town or simply like it parked in your garage, finding the best coverage is a crucial step. You will want to purchase the best classic car insurance in Ball Ground, GA to protect your investment. If you need professional help, The Sanford Group is here to help you out. Here are a few tips for first-time classic car insurance buyers.

Know the qualifications for a classic car

Just because your vehicle is from the 1950s doesn’t mean it is qualified to be a classic car. There are specific qualifications to be met. Different insurance companies have their own ways of determining which car is classic and which one is not. However, there are general conditions such as:

• The car must be well-maintained and in good condition.
• The car must be more than 20 years old. Some companies accept even ten years. 
• A classic ride is not for running errands. Most policies allow occasional use.
• Must be kept in a well-managed and secure garage 

Focus on the totaled value

Antique vehicles, unlike modern cars, typically appreciate over time. That is why most companies offer coverage based on an agreed value with the policyholder. As the value of the car increases, the company should make changes to accommodate the new value.

You will need spare parts coverage

Any car owner can agree that car spare parts are not cheap. Imagine how the situation can be for antique cars, whose components may not be in the market. Stolen parts can be costly, especially if you buy them from your pocket, so consider carrying enough coverage for your spares.

Don’t forget to do your research and find out the value of your car and the amount insurance companies are charging in Ball Ground, GA. For more information, queries, quotes, or new policy discussions, contact The Sanford Group directly, and we will be happy to help.

Insurance coverage gives you the peace of mind of knowing that your assets are protected. Umbrella insurance is a type of insurance you can invest in that will ensure complete asset protection.

If you have questions about umbrella insurance in Ball Ground, GA, we’re here to help at The Sanford Group. The following are three questions to ask before you purchase an umbrella insurance policy.

What will umbrella insurance provide coverage for?

Umbrella insurance covers a wide variety of liability expenses. Umbrella insurance will usually provide coverage for damages resulting from personal injury, property damage, legal settlements, wrongful entry, slander, and more.

How much coverage do I need when I purchase umbrella insurance?

The amount of umbrella coverage that you need depends on the total value of your assets. You generally want to have enough umbrella insurance coverage to cover the full value of your net worth. This way, you protect everything you have.

What will it cost me to purchase an umbrella insurance policy?

The price of coverage for a particular consumer will vary depending on numerous factors. However, umbrella insurance is generally relatively inexpensive compared to other types of insurance coverage. In fact, umbrella insurance premiums are frequently as low as $20 per month. In some cases, umbrella insurance premiums could cost even less than this. 

The only way to find out exactly how much an umbrella insurance policy will cost you is to get a quote. Umbrella insurance providers will typically provide a quote on a policy for a consumer with no commitment to purchase. 

Are you interested in learning more about umbrella insurance coverage in Ball Ground, GA? Get in touch with us at The Sanford Group for answers to more of your umbrella insurance questions.