Avoiding Issues With Umbrella Insurance

If you live in Albertville, MN and are considering umbrella insurance policies, it is important to talk to us at Pizano Insurance. We can provide you with a better understanding of the issues that can occur when you get these policies and how you can avoid them.

Coverage That Doesn’t Meet Your Needs

People who purchase umbrella insurance policies often try to save money by getting the cheapest possible policy. That is always a mistake because it can cause your coverage to lapse if incidents occur. For example, your policy may stall out on the liability of a car accident if you have your limit set too low. Don’t be afraid to spend a little bit of money with umbrella insurance to ensure you get the coverage you need. Cheap policies often have loopholes that can catch you and deny your coverage.

Policies That Cost Too Much

Some people may, conversely, go overboard and spend too much on their umbrella insurance policy. Remember that these policies are a type of extra liability coverage. They only go into effect if you cause an accident or harm to somebody else. When that happens, they help pay for medical expenses, repairs, and even lawsuits. If your liability coverage from your primary insurance is high enough for your needs, don’t spend too much on umbrella insurance.

Broad Coverage Types You Don’t Need

Umbrella insurance is designed to be broad but too many people get policies that are excessively broad. For example, you may purchase a policy that has liability coverage for a pool without owning a pool. Try to itemize your specific coverage to avoid paying too much for a policy that you don’t need.

Get The Help You Need

If you are struggling to find high-quality umbrella insurance in Albertville, MN, then please don’t hesitate to contact us at Pizano Insurance. We will sort through your options and find a type that works the best for your specific needs.

Lawful, Safe, Insured

Three Characteristics of a Smart Motorcyclist

Motorcyclists are an eclectic group. Some ride the latest Harley while others love their rebuilt Indian from their younger days. The characteristics that bring them together are a commitment to safety on the road, legal use of eye wear and helmets, and reliable insurance that will back them up after an accident. This is why we are proud to provide policies for motorcyclists through Pizano Insurance serving the Albertville, MN area. Our agents are ready to work with you to find the policy that suits your needs today.

Safe On The Road

Being safe on the road, for a motorcyclist, means knowing that the drivers around you may not be aware of your presence nearby. Be aware of the behavior of other traffic around you and obey the laws of the road. Your quick reaction to the unpredictable behavior patterns of drivers around you will protect you and minimize danger.  

Legal Use Of Eyewear and Helmets

In Indiana motorcyclists are required by law to use helmets and protective eyewear if they are aged 18 or younger. After a motorcyclist turns 19, the decision is up to them. Many bikers routinely maintain these safety precautions. We enjoy seeing bikers around the Albertville, MN area practicing safety. 

Reliable Insurance

Pizano Insurance believes that motorcyclists need a fair deal when purchasing insurance coverage. Their needs are unique and they want the best coverage and rates available. That’s why we recommend you drop in for a visit or call us today; we can put the best insurance policies right in front of you immediately. So check us out, and have the peace of mind that lets you focus on those road trips you’ve got planned. 

If Someone Gets Hurt on My Property Am I Liable?

As a property owner in Albertville, MN, you have a responsibility to maintain a safe environment so that people who come on the property don’t suffer any type of injury. This responsibility has an official name – premises liability. This essentially means that residents of a property or property owners are liable for any accident or injury that occurs on their property.

This is why it is so important for you to purchase a property insurance policy from Pizano Insurance, to protect yourself.

How is Liability Determined

It is important to understand that liability will also be dependent on several factors. Some of the factors that determine liability include:

  • The visitor’s legal status (i.e. an invitee, social guest, licensee, trespasser, etc.)

  • The property’s condition and the actions of the visitor and the owner

  • If the person who suffered the injury was a child or trespasser

  • If the owner or the visitor had any fault in the action that resulted in the injury

  • The special rules that apply to landlords

What to Do to Prevent Accidents on Your Property

To help reduce the risk of an accident occurring on your property, you need to take steps to ensure everything is in good repair. The fact is, if someone trips, slips, falls or is injured in some other way, you are legally responsible. If you have the proper insurance policy in place, then you don’t have to worry about paying for the injuries or damages that occur out of your own pocket.

Learn more about insurance for your property and to protect yourself and your assets in Albertville, MN by contacting the helpful staff at Pizano Insurance. 


Why Every Landlord Needs Umbrella Insurance for Their Rentals

 So, you own a residential property that you rent out to others? Whether it is a full home, single apartment or room, congratulations are in order. Real estate management is one of the best ways to attain wealth.

Now your task is to retain the standard of living you have acquired. Never make the mistake of assuming that your standard home insurance policy is always enough to protect your investment in times of need. When an accident, lawsuit or other calamity strikes, you will need way more financial resources.

Umbrella Insurance

Assuming that standard home insurance coverage will save you in times of need can prove a costly mistake. The costs of litigation, medical bills and home renovations are rising exponentially. In Albertville, MN there have been owners who have lost their properties totally after an unforeseen accident. Do not let this happen to you.

All you have to do is speak with the trusted agents at Pizano Insurance for professional advice about umbrella insurance to cover your rental property.

Umbrella insurance is a policy that extends your current coverage for miscellaneous events. Think of it as your safety net.

The Problem

Unfortunately, the internet has provided renters with lots of misinformation about their so-called rights. Landlords find themselves under siege. Lawsuits are filed daily, often for trivial reasons. Some unfortunate landlords have to settle out of court just to save money. Others cannot afford to litigate and have to go bankrupt. They lose their rental properties. Umbrella coverage could have saved them.

Likewise, when disaster strikes, such as a flood or fire, you do not want to count on your standard insurance to take care of the bills. Displaced tenants may need somewhere to stay in the interim while you repair the facility. Guess what? You might have to pay for them. The amount can be staggering. Fortunately, with umbrella insurance, you will be better able to take care of these expenses.

Get More Information Today

All you have to do now is contact the helpful agents at Pizano Insurance to find out more about umbrella policies. These professionals want to help you be the best Albertville, MN landlord possible.

4 Things to Know About Your Auto Insurance

When it comes to getting auto insurance in and around Albertville, MN, Pizano Insurance can help. They can also advise you about the best policy to choose from for your needs, so you can have good protection for your car along with peace of mind. But before you buy a policy, make sure you talk with your agent so you can make an informed decision. Here are four of the things you should know about your car insurance.

1. Policies should be reviewed periodically

Because driving needs change, it’s a good idea to go over your policy with your agent every six months or a year.

2. Different states have different minimum requirements

If you move from one state to another, what you’re required to have for auto insurance could change.

3. Not all vehicles need more than minimum coverage – but it’s still a good idea

If your car is paid for you don’t need comprehensive or collision, but if the vehicle has value it’s still a good idea to keep those coverages.

4. comparing prices should include comparing value, too

The cheapest car insurance may not be what’s right for you, and paying a little more could mean getting a lot higher value in the long run.

With a good insurance agent to help you, it’s not difficult to get a quality auto insurance policy for a fair price. That’s ultimately what you want to work toward because the lowest price isn’t always the best choice. Instead, you want a policy that’s really going to protect your investment. By trusting your Albertville, MN area car to Pizano Insurance, you can get the help and support you need to choose the right policy for your vehicle and driving needs.

When is Umbrella Insurance a Good Idea to Purchase?

Finding yourself in a situation where you are liable for an amount that extends far beyond your insurance policy, like a horrible car wreck, that is when Umbrella Insurance can be handy. If you are left without some sort of extended coverage, you are on the hook for paying the rest of the damages out of your own pocket.

If you feel that you need umbrella insurance and you are in the Albertville, MN area, consider contacting Pizano Insurance for a quote.

Considering that umbrella insurance policies cover multiple facets of one’s life, it is probably a good idea to get it if you have a lot on the line. Some forms of insurance will cap out at $300,000 or less, which is quite low if you are involved with high-value individuals or property. Instead of having your assets wiped out from a single lawsuit, monthly insurance payments is quite a low price to pay.

Let’s not discount the legal fees associated with a high-value lawsuit. Regardless of the result, consulting with a lawyer for such cases is not cheap and some will charge hourly. Even settling outside of court will add a significant amount to the whole ordeal, which is often covered by umbrella insurance policies.

Keep in mind that some items are excluded from most umbrella policies. This may include malpractice cases, claims against employers, business-related activity, or intentional damage.

To determine if you need umbrella insurance, you will need to evaluate your own lifestyle, assets, and income level. If you have a lot of wealth to lose, umbrella insurance can protect your from a wide variety of surprises in life, much like an umbrella protecting yours from the rain. If you are still interested in this plan and you are in Albertville, MN, check out Pizano Insurance.


When is Boat Insurance Needed?

Owning and operating a boat can a very fun activity, particularly during the warm summer months of the year.  For those that are in the Albertville, MN area, buying a new or used boat is a big decision.  Since it is such a big investment, getting insurance on the boat may be a necessity.  There are several reasons why having a qualified boat insurance policy is necessary for you.


One of the main reasons why you should get boat insurance is that owning and operating a boat comes with a lot of liability.  Whenever you take your boat into the water, you are taking on responsibilities for all passengers, other people in the water, and any personal or public property nearby.  If you happen to get into an accident, you could be found liable for all of the damage.  Having a liability policy in place will provide you with coverage in the event you are found liable. 

Property Coverage

Another reason you need boat insurance is that it is an expensive asset that needs to be properly covered.  Buying a boat is always a big purchase.  If you have an insurance policy on the boat, you will receive coverage and reimbursement in the event it is stolen, damaged, or involved in an accident.  Having insurance on the boat is also likely a requirement if you took a loan to purchase the boat.  In these cases, you will likely need to have coverage equal to at least the balance of the loan. 

If you are trying to better determine your boat insurance needs, contacting the Pizano Insurance company is a great option. Pizano Insurance can help Albertville, MN area residents determine if they need boat insurance and how much coverage is necessary.  They can then help anyone get into a policy that meets their needs. 

3 Tips for Getting Commercial Insurance in Albertville MN

If you have invested time, energy and money into opening a business in Albertville, MN, the last thing you want to do is leave it unprotected. This is why purchasing the right type of commercial insurance from Pizano Insurance is so important. 

With the right protection, you can secure your business from lawsuits, disaster and more. Learn about how to buy the right policies for security and protection here. 

1. Bundle

If you are currently working with an insurance company for other policies, such as homeowner’s insurance or auto insurance, consider going to them first. In many cases, the more policies you have with the same company, the more you can save. 

Keep in mind, not all insurance providers offer this, so be sure to find out first, after all, you want protection, but you don’t want to pay too much for that protection. 

2. Compare Quotes

Before jumping on the offer given by your existing insurance provider, make sure to gather quotes from several companies. Doing so will let you compare the coverage options and find the one that best suits your needs. 

Remember, there are several different types of insurance needed for commercial spaces, so be sure to consider this when gathering quotes from various sources. 

3. Work with a Reputable Agent

The best thing you can do when it is time to purchase commercial insurance in Albertville, MN is to work with a reputable agent. They will be able to review what you need and then work on your behalf to help you find the best policies. In the long run, this alone can help you save a significant amount of money. 

If you are interested in purchasing commercial insurance, be sure to contact the team at Pizano Insurance, where you can find out more about the process.