Top tips to prepare your home for fall

With fall just around the corner in the Frederick, MD area, it is critical that homeowners start preparing their homes for fall now to mitigate against potential insurance claims. The agents at Wellspring Insurance Network Inc. have put together these useful tips to help homeowners prepare.

Gutters and downspouts 

It is critical that homeowners have their gutters and downspouts cleaned before fall. Failure to do so could lead to clogged gutters and that leads to water damage in your home. Water damage claims can be very costly. If your home is surrounded by trees it is important to make sure the gutters remain clear through the season. 

Trim your trees 

If you have any trees that have limbs hanging over the roof, it is a good time of year to have the tree branches trimmed back. If the branches snap and come down on the roof it could cause major roof damage. 

Check your windows and doors

You will want to check the seals on your windows and doors to make sure there are no gaps. If you find any gaps, you will want to make sure they are sealed up. Not only will this prevent moisture from getting in and causing damage, but it will also help with your energy efficiency and keep your heating bills lower.

Roof inspection 

Fall is also a good time to have your roof inspected. If the inspector finds any damage it is a good time of year to have the repairs made so the roof is not further damaged during the fall season. As leaves start to put weight on the roof, it is imperative to make sure it is structurally sound which an inspection will confirm. 

If you are interested in learning more useful tips to avoid insurance claims and repairs for fall, reach out to an agent at Wellspring Insurance Network Inc today. We proudly serve the Frederick, MD area.

Is basic auto insurance enough coverage

When it comes to auto insurance you may be asking yourself  "is basic auto insurance enough coverage"? In the state of Maryland, basic auto insurance is 30/60/15. This is liability coverage that protects other drivers and passengers in the event of an accident where you may be at fault. The state also mandates that you have an equal amount of coverage for uninsured and underinsured motorists. When you have questions about the amount of auto insurance you need Wellspring Insurance Network Inc.in Frederick, MD has the answers you need. 

The reality of the question is basic auto insurance enough coverage is it depends on you and your vehicle. Do you have assets? You may need more than basic liability. Do you have a lease or a loan on your vehicle, if you do, basic insurance is not going to be acceptable to your lender. You need to have collision and comprehensive coverage in addition to the liability. These coverages protect your vehicle in the event of an accident if you are at fault or partially at fault. Most people can’t imagine being without a vehicle which makes these coverages something you should consider even if you don’t have a car loan or lease. 

Collision coverage repairs or replaces your vehicle in the event of a collision. The policies do have limits so be sure you have what you need. Auto policies come with a deductible, commonly $500 or $1000. It is less expensive to have a larger deductible but it means you pay more out of pocket. 

Comprehensive insurance covers for events beyond your control such as theft, vandalism, and weather (hail, wind, rain). 

Basic auto insurance coverage may be enough for you or it may not be right. Talking to the knowledgeable team at Wellspring Insurance Network Inc.in Frederick, MD will help you to make the right decision. Stop by the office or give us a call for a quote.  

Hidden Health Insurance Benefits Maryland Residents May Not Be Aware of

Wellspring Insurance Network Inc. serves the Frederick, MD community by offering different insurance policies. As an independent agency, our clients are able to look at multiple options so that they can choose the policies that cover all of their needs.

Health Insurance

Health insurance allows you to have protection in the event of a medical emergency. Your policy ensures that you will receive coverage when you need it most. While you are researching different policies, here are some health insurance benefits that you may not be aware of.

Alternative Treatments

Your policy may include coverage if you attempt to try alternative treatments such as acupuncture or massage therapy. Do some research and inquire about the different types of treatment that your health insurance policy may cover.

Staying Healthy

Some health insurance policies are now containing language aimed at helping people stay healthy. Some health insurance policies now contain benefits for promoting a healthy lifestyle. Research some policies to see if you may qualify for additional benefits for signing up for a gym membership.

Virtual Care

Virtual Care allows you to receive medical treatment over the telephone or in front of a computer. Many people enjoy virtual care because it allows them to receive on-demand service. Your policy may include language that allows you to enjoy virtual care and avoid long wait times.

Vacation Coverage

No one likes to get sick while they are out of town enjoying themselves. However, during a medical emergency, while you are on vacation, you may be able to receive care. Some policies will allow you to visit a doctor during your vacation. It depends on your plan.

Wellspring Insurance Network Inc. Can Help!

For more information on different health insurance policies, stop by our office in Frederick MD. We will work with you to help you find the insurance coverage that you need.

What to Look for in a Rental Property

Looking for a rental home in Frederick, MD can be a challenge. If you’re single or a recently married couple, you will have different needs than a couple with several children. Here are a few ideas from Wellspring Insurance Network Inc. on what to look for in a rental to help you find the perfect home.   

Location

Location is key for most tenants. A place close to school or work would cut down on your commute time and save gas money. It’s also convenient to have a supermarket, pharmacy, or bank in the vicinity of your rental home or apartment. For safety sake, it’s best to rent in an area where crime rates are low and neighbors watch out for each other.

Quality Schools and Child-Friendly Parks

If you have children, you may want your rental home near a good school district to facilitate your kids in getting a quality education. A place close to parks or community sports center will make it easier for your kids to get fresh air and exercise.

Move-In Readiness

Your rental home should be in excellent shape, not requiring painting, cleaning, or repairs. If your rental comes with major appliances such as stove, refrigerator, washer, and dryer, that’s a plus. A clean, well-maintained property will probably have fewer plumbing, HVAC, and bug problems.

Space and Comfort

Make sure your rental is big enough to accommodate your family. This includes sufficient living, kitchen, dining, and bedroom space so you don’t feel crowded. You’ll also appreciate living in a home with good natural lighting and enough storage space for your belongings.

Once you’ve found your perfect rental in Frederick, MD, talk to your Wellspring Insurance Network Inc. agent about renter’s insurance to protect you against accidents, theft, and property damage. We look forward to meeting your insurance needs.     

Is Life Insurance Right For Me?

One of the most common questions we receive here at Wellspring Insurance Network Inc. is whether or not life insurance is right for a specific client. They want to know if they should be considering life insurance and if they are even at the right age to get it. With all the different forms of insurance out there it can be difficult to sift through it all. That is why we are here to help. So, if you live around Frederick, MD, let our staff assist you with answering whether life insurance is right for you. 

Is Life Insurance Right For You

First, do you have anyone who depends on you? A spouse, a significant other, or children? If so, you need to look further into life insurance. But let’s say you are single and don’t have any dependents, what then? Well, do you have any serious outstanding debts (such as a large mortgage or student loans)? If so, those loans might be pushed off onto your parents or other relatives. Are they able to afford all of these payments if you were not around? The best option for you is to look into life insurance and find a policy that will protect both you and those you care about. Our staff here can help you identify such a policy. 

Finding The Right Life Insurance Policy For You

If you’re interested in life insurance, or if you want to know more about the different policy options available, our staff here at Wellspring Insurance Network Inc. is ready to help and address all the questions you might have. So, if you live anywhere in greater Frederick, MD you’ll want to give our staff a call. We’re happy to help address all the questions you might have. 

Commercial Insurance Facts Every Business Owner Should Know

Commercial insurance can be a complex subject, even for experienced business owners. By working with an agent from Wellspring Insurance Network Inc., you can make wise insurance choices tailored to your business’ needs. Here are some  important facts every business owner should know about commercial coverage:

Coverage Varies from Company to Company

Commercial insurance isn’t the same for every business. As a business owner in Frederick, MD, you need to assess the risks and needs of your company and select the type and scope of coverage that best protects your business interests.

Basic Coverage

Standard commercial policies offer the following basic protection for your business:  

  • Property – protects your business location, equipment, and products
  • General Liability – protects your business against accidents that may occur on your business site  
  • Business Interruption – covers essential business expenses if your company has to close due to a disaster
  • Worker’s Comp – protects your workers against injuries on the job
  • Commercial Auto – covers vehicles used for business purposes

Additional Coverage

Depending on your business, you can obtain additional commercial coverage in the form of:

  • Product liability – protects you against injuries caused by products your company produces or sells.
  • Professional liability – protects you against negligence in the services you provide.
  • Cyber liability – protects you against financial losses due to data breaches or other forms of cyberattacks.

Mandatory Coverage

If your Frederick, MD business has one or more employees, you’re required to carry worker’s comp insurance to protect them against work-related accidents.

Covered Perils

Commercial property coverage protects your business against such perils as theft, vandalism, storm damage, fire, and other disasters, excluding flooding. To protect your business from flood damage, you should purchase flood insurance. 

For information on commercial policies and costs, contact your Wellspring Insurance Network Inc. agent today. 

When should I get a home insurance policy in Maryland?

For those that are in the Frederick, MD area, owning a property can be a great option. When you own your property in this area, you can enjoy the long-term financial benefits and also have a stable place to live. When you are looking to purchase a home in this area, you also need to make sure you get a quality home insurance policy. 

When Taking Out a Loan

One situation when you should get a home insurance policy is when you are going to take out a loan. If you need a mortgage to purchase your property, it is important that you comply with all of your loan obligations. One big part of this is making sure that you have proper insurance coverage. Any mortgage lender is going to have specific requirements that need to be met. Not having this coverage could put you in loan default.

When Wanting to Cover Asset

Even if you are not obligated by a mortgage lender to carry home insurance, you should still get it for your property. When you do get a home insurance policy, it will protect your asset. This will include providing you with coverage to repair or replace your home following a fire or other serious situation. This coverage can also provide you with protection for your personal assets. For those with expensive collectibles or jewelry, you can receive additional policy riders to ensure you are fully covered. 

If you are looking to purchase a home or are evaluating your home insurance needs in the Frederick, MD area, you should speak with the team at Wellspring Insurance Network Inc. The insurance professionals at Wellspring Insurance Network Inc. can help you to identify your insurance needs to properly protect and cover your assets. 

What Maryland Drivers Need to Know About the FineFix Pause

Maryland motorists who are enrolled in the FineFix program are getting a temporary break from making payments because of the COVID-19 pandemic. Payments won’t be due again until 30 days after the state of emergency in Maryland is lifted. Our team of experts at Wellspring Insurance Network Inc. in Frederick, MD can assist you with all of your auto insurance needs whether or not you are part of the FineFix program.

FineFix was created in 2019 to assist motorists who owed uninsured auto fines. This partnership between the Uninsured Division of Maryland Auto Insurance and Maryland Department of Transportation Motor Vehicle Administration allowed eligible drivers to have 80 percent of their uninsured auto fines forgiven if they paid 20 percent of what they owed while enrolled in the program. Once the rest of the fine was forgiven, motorists could once again register a vehicle with the state. Officials say that step helped reduce the number of uninsured motorists on the road. Completing the payment program also meant that residents with outstanding uninsured fines no longer had to worry about their Maryland income tax refunds being intercepted to pay their fines.

FineFix enrolled qualified motorists in the second half of 2019 with an option to pay the entire amount due or set up a payment plan. The COVID-19 payment pause is for the people in the program who were paying in installments. No new enrollments have been accepted in 2020.

If you have questions about your FineFix payments or are searching for an insurance carrier now that your uninsured auto fines have been forgiven, talk to an expert at Wellspring Insurance Network Inc. in Frederick MD. FineFix was created to get you back on the road and we’re here to help.

Variables That Could Negatively Impact Health Insurance Policies

Purchasing health insurance is one of the most important things that a person will do during their lifetime. At Wellspring Insurance Network Inc. we provide our clients with as much information as possible so that they can make the best decision for themselves and their families. While people research different health insurance plans, they should be aware of some variables that may negatively impact their policy and cause them to spend more money. Here are some variables to consider before choosing a policy.

The Number Of People On The Plan

If the health insurance policy covers multiple people, that will increase the policyholder’s annual payments. Take time to decide whether it is more beneficial to purchase a singular plan or several individual policies.

The Policyholder’s Residence

A policyholder’s residence does have an impact on the amount that they have to pay for health insurance. Research some of the rules and regulations regarding health insurance in your state. On average, people who reside in a rural area have more expensive coverage compared to people who stay in urban areas.

Networks

Choosing a network is one of the final steps when someone signs up for a health insurance policy. Networks provide policyholders with a list of physicians that they are eligible to see under their policy. Make sure that your primary physician is included in the network that you sign up for. Visiting a doctor outside of the network will result in the cost of your health insurance coverage going up.

Wellspring Insurance Inc.Will Help You Find The Best Policy For Your Needs

Located in Frederick, MD, the agents at Wellspring Insurance Network Inc. offer multiple insurance options to Maryland residents. We sit down with our clients and assess their individual situation to ensure that we provide them with coverage that directly addresses their needs.

Protect Your Belongings With Renters Insurance

You might be thinking of insurance as something you need when you buy a house, but it’s important when you’re renting, too. With renters insurance, you can protect the things that matter most to you. At Wellspring Insurance Network Inc. we want to help all our Frederick, MD area clients get the right renters policy. Your landlord will have insurance that covers the structure, but that policy won’t protect your personal items. Things like furniture, clothing, cookware, and even your knickknacks on the shelves will all need to be covered. To do that, you’ll require a renters policy.

A lot of renters don’t think about getting a policy like that, because they expect the landlord’s policy on the dwelling to cover them. They can be in for a serious shock if there’s a problem with the property, such as a fire or flood, that damages their belongings. But you don’t have to let that happen to you and your things. Rather than take a risk that nothing will go wrong, you can get a policy that covers the things that are important to you and that you would need to replace if they were damaged or destroyed.

By working with us at Wellspring Insurance Network Inc. you can get your Frederick, MD area renters insurance needs met. Not only will that protect the things that are important to you, but you’ll have more peace of mind, as well. That feeling of security and protection can go a very long way toward being happy and comfortable in your new place. Renting has a lot of benefits for some people, and it might be perfect for you at this time in your life. But don’t allow living in a rented home or apartment to put your material items at risk. We’re here to help with that. Reach out to us today, and let us help you find the rental policy that’s right for your needs.