Anyone that is in the Wilkes-Barre, PA area will need to have a mode of transportation. One great option to consider would be to get a motorcycle. If you do decide to get a motorcycle, you should spend time thinking about all of your insurance needs. There are several situations when someone will need to get a full insurance policy for their motorcycle. 

One reason that you should get motorcycle insurance is that it can ensure you stay in compliance with a loan. Taking out a loan to buy a motorcycle is quite common. If you do have a loan against it, you will need to understand and follow the insurance rules. Most of the time, you will need to have a collision and comprehensive policy that offers full coverage with a reasonable deductible level.

Another situation when someone will want to get a full motorcycle policy is when they intend to drive it on a public road. Anyone that wants to use a public road will need to comply with the state law regarding liability insurance. If you do not have the necessary liability coverage, you could face penalization and even lose your license. 

Getting a motorcycle in the Wilkes-Barre, PA area can be a great option for those that want to have an efficient mode of transportation. When you are searching for your next policy, you should call The Shay Agency to discuss your options. There are a lot of important factors that need to be considered as you are shopping for a new policy. When you call The Shay Agency, you can get the help you need to better understand your options and manage the complexities. 

Pennsylvania is home to some of the most gorgeous mountain ranges. It is perhaps why flood insurance is mostly overlooked in the state. Unfortunately for most residents of the beautiful landscape, there is a high likelihood of experiencing massive flooding from the Susquehanna River among other large rivers across the state. In fact, during tropical storm Lee, the Susquehanna River water levels had risen to above 42 feet! Luckily, the newly built Wyoming Valley levee saved thousands of homes from complete destruction during the floods. However, there was substantial damage to many houses from the raging waters.

Importance of Insuring against Floods in Wilkes-Barre, PA

Much of the Wilkes-Barre, PA area is considered in a high flood risk region. The area experienced considerable flooding back in 2011. Since then, there haven’t been any government-sponsored improvements made on the embankment. The area is, therefore, one of the most susceptible to significant flooding events in the state.

There are currently no rules requiring residents of Pennsylvania to obtain flood insurance to cover their houses. Moreover, homeowner’s insurance does not offer cover for flood damages on homes. It is easy to be ignorant of the likelihood of storms but the unthinkable can happen, and you don’t want to find yourself in a fix when your house is ruined.

At The Shay Agency, we offer residents of Wilkes-Barre PA with flood insurance to protect their valuable assets and provide the funding required for the restoration of their property. We take flood insurance as seriously as we do fire insurance; since they are equally disastrous. We work hard to build our homes, and to have peace of mind, we have to protect them.

The Shay Agency is your best bet to protect your home from a disastrous nightmare. Contact us today via phone, or give us a visit at our offices in Wilkes-Barre, PA and get the right plan for you home.

Life insurance is one of those things you do not think much about. It is not a legal requirement, you hope your family never needs to use it, and it rarely affects you directly. It is one of those things that is often a mental requirement to be considered a responsible adult and parent, but aside from that its simply there in the background forgotten in a file. There are many reasons to purchase life insurance even if you have not reached the stage in your life where you have a lot of dependants or health risks. The Shay Agency provided quality life insurance policies for people in all stages in life. We serve the community of Wilkes-Barre, PA and the surrounding area with reliable service. 

Reasons Life Insurance Is Important Through All Life’s Stages:

• Early Adulthood: Young adults often do not think too much about life insurance for decent reasons. However, if you buy an insurance policy in your early twenties and keep it up you will often find your premiums lower for higher coverage as you reach the next stage of your life. 
• The early Thirties: At this stage, humans often have dependents, mortgages, and even companies that rely on their vitality. Life insurance brings peace of mind in an uncertain world, and if you purchased while you were young it is likely an easy transition to add dependants and increase coverage as needed. 
• Middle-Ages: People often purchase their first policy in their late forties. It is certainly not too late, but again the earlier the better as a general rule. 
• Senior Citizen: Many senior citizens have had life insurance for several years and simply keep up their coverage so they know that their passing will not put a financial burden on their children or spouses. 
• Golden Years: It may be more difficult to get a policy that has comparable coverage to a policy that was purchased decades ago if insurance is allowed to lapse but funeral policies are common to cover funeral expenses. 
• Other: Many grandparents choose to purchase life insurance policies for their young grandchildren, in some cases, these policies can have greater coverage than death benefits. 

Contact us at The Shay Agency for more information about a life insurance policy that can grow with you throughout all the stages of your life. We proudly serve the community of Wilkes-Barre, PA and the surrounding areas. 

No one likes to think about the end of life care, but it is a subject that needs to be talked about by families. The cost of a funeral keeps going up each year. Not to mention there is a financial burden of the loss of income after someone passes away. These issues are why some people have chosen to buy life insurance in Wilkes-Barre, PA. This is one way that you can protect your family from having a major financial burden if something was to happen to you. Here are some things about life insurance that you will want to know.

Understanding Term-Life Insurance

Term-life insurance is the most basic and easy to understand life insurance policy. It is also the least expensive to buy. As a customer, you have a choice to make as to how much the life insurance policy should be. This kind of policy will be in force for a set period of time. If you pass away in that time frame, then the policy will payout. If the policy expires, you will have to renew the term in order to have the coverage.

Understanding Whole-Life Insurance

This type of insurance policy does not expire unless you cancel the policy. It also builds a cash value the longer you own it. What makes this policy unique is that you can borrow against the accrued value of the policy. You then pay back the money plus interest. This is a great policy in that it can be used when life throws a financial curveball your way. The premium for this policy is higher than that of a term-life policy, but it does not expire. 

There are a lot of questions that you may have about life insurance. Please call us today at The Shay Agency. We can answer those questions and help get you the policy that you need to cover your family with.

Commercial insurance is a broad term that covers a lot. However, to put it in the simplest form, commercial insurance is a type of insurance meant to protect businesses against losses from injury to employees and damage to facilities/properties. Since businesses and their processes vary widely, commercial insurance protects different organizations from different types of risks.

However, according to the Shay Agency, whose serving city is Wilkes-Barre, PA, despite the variances, all commercial insurance policies have some typical coverage, which are:

• Public liability
• Professional indemnity
• Employers’ liability

Public Liability

This aspect of commercial insurance protects businesses that receive visitors to their premises or work on client locations. If suppliers, clients, of members of the public suffer property damage or personal injury caused by the policyholder’s business, public liability insurance will cover the legal expenses and compensations.

For example, if you have a painting company and while one of your painters is painting the exterior of a building, his brush drops on the windshield of a Ferrari and breaks it. This insurance policy will bear most of the claim settlement costs.

Professional indemnity

If your business causes a client some financial losses or professional losses, this insurance policy will cover the payment of compensation and legal fees. Here are some examples of how your business can cause losses to your clients:

1. You inadvertently publish a reputation-damaging statement about someone or an organization that happens to be false.
2. A client’s data or document gets lost in your care/custody.
3. You mistakenly share someone’s sensitive or confidential information without the person’s express permission.
4. You violate someone’s or an organization’s copyright.
5. A client incurs a loss because he acted on your wrong or misleading advice.

Employers’ liability

This policy will cover your legal fees and compensation if your existing or former employee files a lawsuit against your company because of an injury or illness caused by your work.

For more information, contact The Shay Agency in Wilkes-Barre, PA.