Do You Need Comprehensive Coverage For Your Vehicle?

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Your car or truck can be vulnerable to a number of risks. Not only driving accidents but also theft, fire, vandalism, and other events can cause severe damage. Comprehensive coverage is a type of insurance coverage that covers these hazards, so you can quickly repair your vehicle and be back on the road. At Ed Thompson Insurance Agency in Omaha, NE, we can help you determine the right coverage for your unique needs.

Understanding Comprehensive Auto Coverage

Comprehensive coverage pays for damage that is caused by common non-collision events. Weather events such as hail, flooding, or tornado damage would be covered under this type of insurance. Fire or explosions would also be covered. If you hit a deer on the road or a tree limb falls on your vehicle, the event would be covered. If your vehicle is stolen or vandalized, you will be covered for the incident.

You May Be Required To Have Comprehensive Coverage

If you finance your vehicle, you will probably be required to have comprehensive insurance to protect the interests of the lending institution. Similarly, if you lease your vehicle, the company offering the leasing contract may require comprehensive coverage.

Comprehensive Coverage Is An Additional Cost on Your Premium

You may not be required to carry comprehensive coverage, but it can still help to defray the costs when unexpected damage happens. In this way, you’re not responsible for the entire amount of repair to your vehicle.

 Make Us Your Agent For Auto Coverage

If you have questions regarding comprehensive coverage for your vehicle, our experienced agents can provide answers to help you make an informed decision. We offer a full range of insurance products for individuals and for businesses. Contact Ed Thompson Insurance Agency in Omaha, NE today for a no-obligation quote on comprehensive coverage that can help save you money when an unexpected hazard occurs.

How would a commercial insurance policy support my business in Omaha?

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Being a business owner can be an ideal career path for people in the Omaha, NE area. While you can be quite successful as a business owner here, there are always going to be risks as well. Fortunately, some of the risks can be protected if you get the right insurance. Overall, a commercial insurance plan will support an Omaha-based business in various ways. 

Protect Company Owned Assets

One way that a commercial insurance policy can protect your business is by covering any assets owned by your organization. Depending on the type of business you own, your assets could be crucial to your success and continued operation, and having to replace them due to damage or theft could be devastating. If you are insured with a proper commercial insurance policy, you will have the support you need to replace or repair these assets. 

Mitigate Liability Risks

It can also be a good idea to get a commercial insurance policy to mitigate any liability risks. There are a lot of risks that come with running a business in Omaha, including the risk of being named liable in an accident. When you are insured with a full commercial insurance policy, you will get the support that you need to manage these types of claims and cover any damages that are sustained. 

Reach Out To Us

A business owner in the Omaha, NE area will want to ensure that they have proper insurance. When you are looking to get coverage here, call our team with the Ed Thompson Insurance Agency. When you do call our professionals at the Ed Thompson Insurance Agency, you will get ideal support that can help you build a new plan that will adequately support your business. 

How Home Renovations Impact Your Home Insurance

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Remodeling your family home can be exciting! Before making any major upgrades, however, it would be good to contact your agent from Ed Thompson Insurance Agency in Omaha, NE to see how your planned renovations could impact your insurance coverage. We’ll review your policy with you and discuss any necessary changes to ensure your property continues to enjoy full coverage.

How Home Remodeling Projects Affect Your Insurance

Minor home improvements such as new living room carpeting or repainting your bedrooms probably won’t have much impact on your insurance. Structural improvements to your home, such as adding a new bathroom or remodeling your kitchen, however, can dramatically increase your home’s value. To compensate, you may need to increase your dwelling coverage to adequately cover the new value of your property.

Here are some additional ways home renovations can impact your home insurance:

  • Home improvements that enhance safety, such as upgrading your electrical or plumbing system or adding a new security system to your property could help lower home insurance costs.
  • Adding amenities like a new pool, spa, home gym, or outdoor grilling area for parties can increase your risk of accidents. To compensate, we may recommend increasing your liability coverage to protect you against accidental injuries when hosting special events on your property.
  • Getting a new roof or replacing old windows with new, energy-efficient ones can boost your home’s value as well as improve the safety and security of your property. By discussing these options with your insurer in advance, you’ll have a better idea of how these improvements will impact your insurance coverage.

Renovating Your Home? Update Your Home Insurance!

At Ed Thompson Insurance Agency in Omaha, NE, we can update your home policy to ensure your renovated home is fully protected against any eventuality. Contact us today for all your home insurance needs.  

Different Types of Auto Insurance Coverage and What They Mean

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If you want to buy auto insurance, you need to understand the different kinds of coverage available. Different types of auto insurance can protect you and your car. The agents at Ed Thompson Insurance Agency have put together crucial information on the types of coverage available in Omaha, NE.

Types of Auto Insurance Coverage

Liability Coverage

Liability coverage is a legal requirement in most states to drive a car. It can help pay for injuries and property damage that you cause to others in a covered accident.

Collision and Comprehensive Insurance

Collision insurance can help cover the cost of repairing or replacing your car if it is damaged in an accident with another vehicle. Comprehensive insurance can offer extra protection in case of an accident with another vehicle. It can also help pay for damage to your car from things like vandalism, weather events, or animal collisions.

Uninsured or Underinsured Motorist Insurance

Uninsured motorist insurance pays for bodily injury and damage to you or your car, respectively. Uninsured motorist coverage kicks in if the at-fault driver doesn’t have insurance or leaves the accident scene (hit and run). This coverage is often combined with underinsured motorist insurance, which kicks in if the at-fault driver’s insurance won’t cover all your expenses.

Medical Payments Coverage

Medical bills after an accident can be very high, so this coverage can help pay for medical expenses related to a covered accident. It covers you in all accidents, no matter who is at fault.

Towing and Rental Reimbursement

If you have comprehensive car insurance, you can add towing and rental reimbursement to your policy. These coverage types will pay for a tow within the limits set in the policy. Getting around after an accident can be costly. Rental reimbursement insurance can help pay for a rental car while your car is being repaired after an accident.

Reach Out To Us

Contact Ed Thompson Insurance Agency in Omaha, NE to set up an appointment for a free quote!

Does Your Small Business Need Commercial Insurance?

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Anyone who lives in the Omaha, NE area is aware of the area’s strong population base and ongoing support for small companies. This is not only a beautiful area to live in, but it is also a great spot to establish a small business. When you start a business in this field, you must verify that you have adequate coverage.

There are various scenarios in which commercial insurance is required. Here at Ed Thompson Insurance Agency, we’ve compiled some advice about when to get commercial insurance for your small business. 

Why Commercial Insurance?

When It Comes to Raising Capital

A common reason for a company to obtain commercial insurance is to raise funds for its operations. Many small firms will need to take out a loan or raise equity in order to move forward. In order to receive the funds, most businesses must first produce proof of complete commercial insurance coverage. 

When It Comes to Hiring Employees

When you are about to hire a new crew, you will also need to obtain a commercial insurance policy. Once you begin recruiting employees, you must have workers’ compensation insurance. This is an important type of coverage that will protect your staff if they are injured on the job. When your team reaches a certain size, this becomes a must.

Reach Out To Us

Those that are in the Omaha, NE area will need to get proper insurance. As you are looking for a new policy here, you should speak with the Ed Thompson Insurance Agency team. If you decide to speak with us, you will quickly find that our team is experienced and understands the risks of starting a company. We’re here to help you, give us a call today!

Tips for Shopping for Homeowners’ Insurance

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Shopping for homeowners insurance can be an overwhelming task, but it’s essential to research all of the types of policies so you get fantastic coverage for yourself and your family. Our team at the Ed Thompson Insurance Agency serving residents in the Omaha, NE area understands that each homeowner has unique needs when it comes to their policy.

Here are our expert tips to help make shopping easier:

Determine Your Specific Coverage Needs

First, determine how much coverage you need. Consider the size and type of your home, as well as any special features or assets that need protection. Your policy should cover more than just the structure of your home; it should also consider other properties such as furniture, electronics, jewelry, artwork, and valuable collections. Many policies offer additional coverage for things like flooding, earthquakes, or windstorms.

Understand the Different Types of Homeowners Insurance Policies

There are several types of homeowners insurance policies available, depending on your budget and the amount of coverage you need. Some common policy types include HO-1 through HO-8. Each of these policies offers a different level of coverage, and some are more comprehensive than others. Make sure to research and compare the types of policies that are available to determine which one is right for you.

Considering Your Options

At the Ed Thompson Insurance Agency, we understand that shopping for homeowners insurance in Omaha, NE can be a daunting task. We are here to help guide you through the process and offer advice on which policy is best for your specific needs. Our experienced agents will work with you to find the right coverage options so you can have peace of mind knowing that your home and belongings are protected. Contact us today for more information!

Involved in a Hit and Run? Here’s What to Do Next

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At Ed Thompson Insurance Agency, we are happy to assist Omaha, NE drivers with all their auto insurance needs and related concerns, such as what to do next if you have been in an accident. 

Check out this step-by-step guide to what to do when you’re dealing with a hit and run:

First: Get Help

If you’ve been involved in a hit and run accident, call 911 (if there are injuries or you’re in an unsafe area, such as on the side of a busy highway). If there are no accidents or immediate danger, call your local police station. 

Second: Gather Evidence

After you’ve received any immediately necessary medical treatment and are in a safe location, it’s time to gather some evidence. Take pictures of any damage to your vehicle. If you remember any details about the person who hit your car (such as the make and model of the car they were driving, a description of the driver, or the state on their license plate) be sure to write it down, so you’re able to convey information to your insurance company. If anyone witnessed the accident, be sure to ask them for anything they noticed. 

Third: Call Your Insurance Company.

You’ll want to let your insurance company know right away that you’ve been involved in a hit and run accident. Be sure to call even if you’re not sure whether you’ll file a claim. 

Searching for the right auto insurance? We’re here to help

At Ed Thompson Insurance Agency, we’re proud to serve our Omaha, NE customers, and we’re excited to get to know you and chat about your auto insurance needs. Reach out to us today to learn more about how we can help keep you and your family protected.

Why Does Your Business Need Commercial Insurance?

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Business establishments at their introductory stages may encounter risks and challenges. For any business entity to remain relevant in entrepreneurial dealings, it should devise a framework to reduce these impeding risks. Without efficient commercial insurance protection, you may be exposed to a stressful settlement of legal dues in cash, leading you to bankruptcy or resulting in detrimental financial constraints.

Our team of insurance experts at Ed Thompson Insurance Agency is here to provide you with more information on commercial insurance. 

How Is Commercial Insurance an Asset to Entrepreneurs?

Commercial insurance coverage provides you with a broad range of benefits for various investors, including:

Protection from lawsuits

Lawsuits are catalysts for bankruptcy for many ventures. Any business can be at risk of costly lawsuits. Workers’ comp insurance kicks in and pays for the lawsuit fees.

Covering of advertising liability

Any violation of the copyright of any individual establishment can result in dire consequences from respective authorities in Omaha, NE. If your business entity interferes in any copyright aspect of other existing ventures or parties, commercial insurance comes in and pays for any legal costs against such accusations.

It protects business assets.

Any business establishment has crucial and valuable components within its location. These assets ensure seamless productivity for the business enterprise in question. However, these precious assets responsible for the smooth running of your business are at risk. Commercial insurance will prevent your business components like furniture and computers from imminent risks.

Protecting your employees

Statistics have proved that many employees suffer injuries while operating in various businesses but go unrecorded and are compensated. Worker’s comp insurance coverage is mandatory in Omaha, NE where business entities are hiring permanent or seasonal workers. It is a safeguard against work-related sickness or injuries for employees working for your company. It is also for funeral benefits and missed wages.

Give Us A Call

Start a thriving business without fear of an underlying peril in Omaha, NE! Please don’t hesitate to contact or visit our dedicated agents at Ed Thompson Insurance Agency and get more details about commercial insurance.

 

How to prepare your home for a storm

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Ed Thompson Insurance Agency, serving the greater Omaha, NE community, has been taking care of your home insurance needs for many years. We know that a severe storm can cause a lot of damage to your home, so it’s important to take steps to protect your property before one may hit.

Here are some tips on how you can prepare your home for a storm:

1. Trim any trees or branches that may pose a risk to your house during the storm.

Falling tree limbs and branches can easily break windows and cause other types of damage, so this is an important first step in preparing for a storm.

2. Check your roof for loose shingles, cracks, or other signs of wear and tear that could lead to leaks or structural issues during the storm.

If you spot any problems with your roof, get them fixed as soon as possible – even if it means temporarily covering the area with a tarp or plywood until you can schedule a full repair.

3. Make sure you have adequate insurance coverage in case your home is damaged by the storm.

You should review your current policy to ensure that it covers any potential damage, and request an increase in coverage if necessary.

4. If possible, take steps to reinforce the exterior of your home before the storm hits, such as putting up shutters on windows or doors and reinforcing doorways with braces or other supports.

This will help protect your property from wind damage and flying debris during the storm.

5. Clear out gutters and downspouts so they’re free of leaves and other debris that could cause problems when water starts to flow.

Clogged gutters and downspouts can lead to roof damage, flooding, or other issues during a storm.

Get Home Insurance Today

Make sure to have insurance coverage for your home to protect your most valuable asset. For more tips, call the Ed Thompson Insurance Agency today. We are proud to serve the Omaha, NE area. 

3 Steps to Take When You Get Into a Car Accident

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If you’re like most people, you probably don’t know what to do after getting into a car accident. We’ve put together a simple guide on handling yourself after an accident to help you through the process.

By following these three steps, you can stay calm and handle the situation in the best way possible:

1. Check for Injuries

The first thing you should do after an accident is check for injuries. If you or anyone else involved in the accident is injured, it’s critical to seek medical attention immediately. If someone is injured, you should call 911. 

2. Exchange Information

Once you’ve made sure that everyone is okay, the next step is to exchange information with the other driver. You’ll need their name, contact information, and insurance information. You will also want to take note of their license plate number. If there are any witnesses to the accident, you should also get their information.

It’s also a good idea to take photos of the damage to both vehicles and report the crash to reduce the risk of disputes. In Omaha, NE, you can call the OPD Traffic Unit at 402-444-5626.

3. Notify Your Insurance Company

After you’ve collected all the necessary information, the next step is to notify your insurance company. You’ll want to give them all of the details of the accident, including any injuries, damage, and witness information. Ed Thompson Insurance Agency serves the Omaha, NE area and can help customers start the claims process.

Contact Us Today

By following these steps, you can ensure you are fully prepared in the event of a car accident. Knowing what to do ahead of time will help you stay calm if an accident occurs. If you have any questions, call Ed Thompson Insurance Agency today.