The agents of Pizano Insurance serve residents and business owners in Wayzata, MN. It’s important for business owners to have a commercial policy in place that protects their investment as well as prevents financial loss in case of an accident. Liability insurance is just one of many different types of policies that are included in commercial coverage insurance.

Third Party Liability

Third party liability involves coverages for damages to a third party’s property while it’s in your business. Liability coverage protects your business from financial loss if a person’s property is damaged or they are physically injured while on property owned by your company. The three parties involved in this type of coverage are the insurance agency, the business owner and the owner of the property in question. Most types of liability coverage are considered third party liability.

Umbrella Coverage

Umbrella coverage is a term given to a grouping of insurance policies that are used to protect a business from many different types of loss. This is sometimes considered an additional line of coverage that goes over and above what other types of policies cover. It generally pays for major claims that would cause a catastrophic financial loss for your company. It also includes coverage for situations that are not covered by traditional policies.

If you’re a business owner in Wayzata, MN and need answers about commercial insurance coverage, call the agents of Pizano Insurance today. They can evaluate your needs and find a policy that provides the right amount of coverage for your particular type of business. Call them today to schedule a review of your insurance policy!

Owning a motorcycle is the easiest and most convenient way to move around Wayzata, MN. However, it can be disappointing when the two-wheeler causes property or bodily injuries to people, forcing you to pay huge bills to the parties affected by the accident. In this event, motorcycle insurance policy comes in handy to help in settling costs associated with riding damage or injury. Even Wayzata law clearly states that an insurance policy is necessary for any motorbike owner. This is why you need to head to Pizano Insurance and get an insurance policy for your motorcycle. Do you understand how to choose a policy for your bike? Here are the top considerations for selecting motorcycle insurance policy.

Cost of Premiums

This is the most important factor to consider when shopping for motorcycle insurance in Wayzata, MN. Premiums charged on each policy are different; therefore, for you to make a solid decision about the suitable policy, it is important to look at the benefits accruable from every policy and the respective cost of premiums. Ideally, choose a policy with cheaper premiums but carries more benefits such as discounts and bonuses.    

 Compare Different Policies

There is a variety of policies offered by Pizano Insurance. Each policy has different features and benefits. Taking a closer look at every policy will help you determine the type of policy that suits your motorbike. In-depth analysis of policies will also be beneficial in understanding the exclusions of each policy, giving you a chance to make decisions that are more informed.

Discounts

The most appropriate way to reduce your premium rates is to look out for a policy that comes with discounts. Discounts can range from multi-bike discounts to experienced riders discounts among others.

With these tips, finding an appropriate bike cover will not be challenging any more. Consult Pizano Insurance for a trouble free experience.
 

Isn’t it awful when you get caught in the rain without an umbrella? When you get caught with an inadequate level of insurance coverage, it’s much worse than getting caught in the rain without a cover. You can protect yourself by having an umbrella insurance policy from Pizano Insurance, serving Wayzata, MN and the surrounding area. 

1. Protects Your Home

If you should happen to get sued for the amount of money not covered by your standard auto or homeowner’s policy, you could find yourself in a situation where you would have to sell your home to make up for the costs. What you worked so hard could be gone if you don’t have an umbrella policy.  

2. Protects Your Family

Your family relies on you to provide for them. They feel protected knowing you’re taking care of the bills, so they’re comfortable and safe in their own home. However, if you don’t purchase an umbrella policy, they could discover you didn’t think of one aspect. You could let your family down in the event something happens that exceeds the amount of insurance you have on your standard policies.  

3. Gives You Peace of Mind

You might always worry about something huge happening that’s going to cause serious financial consequences for your family. You might plan ahead by saving money, but if the incident that happens is more than you can pay, you could still find yourself being unable to meet your financial obligations. With an umbrella policy, you can have a peace of mind, knowing you have extra insurance that covers what you standard policies don’t. 

Contact Pizano Insurance, serving Wayzata, MN and the surrounding area, to get a quote for an umbrella policy, so you’re never caught in the rain. We’re available by calling 763-244-3320. 

Anyone who has spent time in Minneapolis and Wayzata, MN knows the local lakes are a regular hangout, particular for those with boats. However, even well-kept harbors eventually have to be cleared and dredged, a fact that eventually every boat owner is affected by when their harbor is next. Smaller boats are easy to deal with; they are just pulled out after use and put on a trailer. However, larger vessels have to remain in their harbor, and dredging can be a bit of a dramatic event.

While most Wayzata, MN dredging operations are handled professionally and are completed without issue, a sloppy event can be a big problem, according to Pizano Insurance. And boaters may not know the problem will damage their boat until the dredging is complete and the boater tries to move his vessel. Then the damage occurs as the vessel hits soil material under water that wasn’t cleared properly. Ideally, a dredging operation takes the underwater soil dug up and removes it to a barge which then relocates the mud to a farther away location out of the path of boats. However, if a dredger doesn’t account for material being deposited on the sides of the trenching, it can create a lipping effect that boats could hit, especially when tide is low. And that can mean serious damage if the material includes large rocks.

If a boat is damaged, ideally the dredging company can be identified and has a policy in place for damage it causes. The harbor could be held responsible as well for employing the dredger. However, what many boaters find is that their boat insurance policy oftentimes covers such damage that was no fault of their own, and then the insurance company seeks a claim against those responsible. What is needed, however, is a clear linkage that the damage was caused by dredging, and that could require examination of the boat and damaging material. To find out more call Pizano Insurance to understand how a claim process would work.

As a small business owner, it’s your responsibility to keep your enterprise safe from theft and vandalism. Acquiring a business owner’s insurance policy from Pizano Insurance, Wayzata, MN is the first step toward protecting your investment. Here are a few other measures you can take to reduce the risk of theft and damage to your goods or property.

Upgrade Security Measures in Wayzata, MN

Upgrade security measures on your business property to discourage thieves and trespassers from targeting your establishment. This could include installing security lights to protect your property at night or a burglar alarm system and security cameras. Make sure you advertise that your property is protected by an alarm system to deter criminal activity. Upgrading your security will minimize the risk of crime on your business property and protect your assets. Security upgrades may also qualify you for a discount on your business insurance premium.

Secure Important Documents

Secure important documents such as financial statements, tax records, employee records, etc., in a safe location. Paper files that are essential to your business should be stored in secure filing cabinets or business safe. Digital records should be protected by secure passwords and anti-virus software. The sensitive financial material should be handled by trustworthy employees to avoid the risk of internal theft or fraud.  

Establish a “Business Watch” in Your Area  

Get acquainted with small business owners in your area and establish an agreement to watch out for one another and help prevent crime. Encourage your employees to keep an eye out for suspicious behavior in or around the area and to report criminal activity immediately to local police. A collective effort amongst local businesses will be much more effective in deterring crime.  

For greater insight into how to protect your business interests, contact Pizano Insurance, Wayzata, MN.