Otterstedt Insurance Agency Blog | Insurance Questions Answered

Before You Start a Remodeling Project Contact Your Insurance Agent

Written on March 17, 2021.

If you are among those who plan to remodel your home this year, it’s essential you have the right type and amount of insurance, both during your renovation and after, according to the Insurance Information Institute. So, it’s important you contact your insurance agent before...

What is Commercial Lines Insurance?

Written on February 24, 2021.

You may have heard the term “commercial lines insurance” and wondered what that means. Simply stated, it means the various types of insurance policies that a business can purchase to protect itself. Business insurance needs will vary because every business is unique. Even...

Is My Child Covered Under My Car Insurance For a Learners Permit

Written on February 16, 2021.

Driving is one of those pivotal moments in a child’s life. One that defines their exit from childhood toward that of being an adult. It’s an exciting time for the teenagers who have earned this privilege and are now permitted behind the wheel of a car. However, for...

What is Inland Marine Insurance?

Written on January 27, 2021.

Perhaps one of the most confusing business insurance policies is inland marine insurance. It is also sometimes referred to as a floater policy. Most people define “marine” as having to do with water. In fact, the very definition of the word is “of or relating to...

Is Flood Insurance Included in Renters Insurance?

Written on January 18, 2021.

You found the ideal apartment, passed a background check with flying colors, signed your lease, and even went so far as to take out some renters insurance to ensure your belongings are covered if something were to go wrong. But, before you call it a day and get too comfortable in your new...

What is RV Insurance and When Is It Needed?

Written on December 29, 2020.

If you’re thinking about purchasing or currently own a camper or recreational vehicle (RV), you might be wondering if you require camper insurance coverage. Like vehicle insurance, RV coverage is required. Most states require underinsured or uninsured insurance, and each state requires...

How Does Electrical Contractors Insurance Work?

Written on December 17, 2020.

Insurance for self-employed electricians is a priority. Because of the various exposures electricians face, it’s important they have an insurance policy that’s customized with both general and specialized coverage. To run an electrical business smoothly, it’s essential you...

What is Snow Plow Insurance for a Contractor?

Written on December 7, 2020.

If you’re a snow plow contractor or own a snow removal business, one necessity to protect your vehicles, company, and other aspects of your business is snow plow insurance. Generally, snow plow contractors are required by law to obtain a certain level of snow plow insurance...

What is Hazard Insurance?

Written on November 30, 2020.

When it’s time to purchase or refinance your home, you could have a lot to learn. You’ll come across various concepts and terms that might not be familiar to you, and in many cases, certain words will mean the same thing. A good example is the term “hazard insurance.” Because...

If a Neighbors Tree Falls onto Your Property, What is Covered By The Neighbor’s Insurance Policy?

Written on October 30, 2020.

Trees. They are beautiful in the spring and fall, provide valuable shade in the summer, and break the wind when winter’s worst blows bitter cold into your home. Tall trees with big branches offer perfect locations for tree houses, tire swings, and endless hours of summer fun for kids...