LG Insurance Agency Blog
Insurance Needs for Fixing and Flipping Investment Properties
In the world of real estate investing there are multiple different avenues that people go down to turn a home into a line of revenue, a fix and flip being no exception! This investment strategy calls for a few steps, acquiring a low-cost property, making necessary...
Difference Between Actual Cash Value and Replacement Cost
When it comes to insuring your valuable assets, such as your home, car, or personal belongings, understanding the difference between actual cash value (ACV) and replacement cost is crucial. These two methods of valuation can significantly impact your coverage level...
Insuring Your Multi-Family Home, While Protecting Your Family
Having a multi-family home as an investment property is a great way to streamline another aspect of financial security for you and your family. In this blog we are going to be discussing an essential topic that affects both the real estate investor and their family,...
Boat Insurance, is it Necessary?
If you own a boat, it's crucial to understand the importance of protecting it through the means of insurance.Why Is Boat Insurance Necessary? A Comprehensive Guide to Understanding the Benefits of Boat InsuranceWhether you own a lavish yacht, a fishing boat, or a...
Understanding Short-Term Rental Property Insurance: An Essential Guide
In today’s dynamic and competitive real estate market, short-term rentals have flourished as a popular and profitable investment option. As a result, understanding the intricacies of short-term rental property insurance has become a hot topic for property owners....
Safety Tips for New Jersey Motorcyclists
Spring and Summer are the popular seasons for motorcyclists to hit the road in New Jersey; with the warm weather coming out it is time for them to retire their cars from the colder months and bring out the bikes. However, riding a motorcycle comes with inherent risks,...
Creating an Effective Employee Handbook: Essential Policies Every NJ Business Owner Should Include
As a business owner, one of the most important tools at your disposal is an employee handbook. An employee handbook is a document that outlines the policies, procedures, and expectations for your company's employees. It serves as a guidebook for employees to follow...
Protect Your Business from Lawsuits: A Guide to the Best Insurance Coverage Options
As a business owner, you face a variety of risks that can have serious financial and legal consequences. From accidents and injuries to product defects and professional errors, lawsuits can be detrimental to your business's reputation, finances, and future success....
The Importance of Insuring Your Tools and Equipment as a Contractor
As a contractor, you rely on your tools and equipment to get the job done. But what would happen if something happened to them? What if they were stolen or damaged? That's where insurance comes in. By insuring your tools and equipment, you can protect yourself from...
Understanding Commercial Auto Insurance for Your Business
Commercial auto insurance is a type of insurance that helps businesses protect themselves financially in the event of an accident or loss involving a company-owned vehicle. This type of insurance is important for businesses because it can cover the costs of damages to...