Homeowners policies not only provide protection against disasters such as flood, fire, vandalism and theft of property, but they also provide protection against lawsuits if someone is injured while on the owner's property. Insurance is also available to cover the personal property and liability of those who rent their residence. Many landlords require this coverage, and it's much more affordable than you might think.
Auto Insurance is required in all states. Many levels of coverage are available for Auto Insurance, although purchasing the required State Minimum level of insurance is not recommended. Liability only coverage is also available, but it only covers the damage you inflict upon someone else or their property (property including automobiles). Auto policies vary, and may cover personal or business vehicles, motorcycles, or recreational vehicles, such as motor-homes, boats and jet skis.
Farm and Ranch Insurance is diverse and coverage will vary depending on the farming and ranching operation insured. Farm and Ranch Insurance can cover the home, out buildings, barns, autos, implements and numerous other pieces of farm equipment; this of course depends on the inclusions, exclusions and endorsements that are added to or subtracted from the basic policy. Bottom-line: Farm and Ranch Insurance is designed to help the producer maintain a safe farm and ranch business.
The Commercial General Liability Policy provides insurance protection to pay damages for bodily injury or property damages for which the insured is legally responsible. The policy provides coverage for liability arising from personal and advertising injury, coverage for medical expense is also provided. The policy also covers accidents occurring on or away from the premises. Coverage is provided for injury or damages arising out of goods or products made or sold by the named insured.
Crop Insurance is government-subsidized program administered by private companies. These private companies are appointed by the government, they then contract with agencies such as Sonnenberg Agency, LLC to sell, service and act as a liaison between the producers and themselves. There are three (3) types of Crop Insurance policies, Yield Based (APH), Revenue Based and Crop Hail.
Nursery insurance is written through Oakwood Insurance Group, LLC, sister company of Sonnenberg Agency, LLC. The Nursery Insurance policy is a Multi-Peril (MPCI) Crop Insurance policy available to businesses that produce ornamental plants and trees for sale in the wholesale market. A nursery that has wholesale sales of nursery plants and trees greater than 50 percent of the nursery's gross income is eligible for coverage.
Sprinklers are one of the most damaged pieces of farm equipment, resulting in some of the highest rates of filed claims on Farm and Ranch Insurance policies. Removing sprinklers from the Farm and Ranch policy and insuring them separately is a sound decision to make. This action provides greater coverage on the pivots and will hopefully prolong the length of the Farm & Ranch policy while reducing the premium due to fewer or no submitted losses.
Livestock Risk Protection Insurance was designed by the Risk Management Agency (RMA) to provide cattle producers with protection against downward price movement. The prices per head used for insurance are indexed off the Chicago Board of Trade. The policy period can be from thirteen (13) weeks to fifty-two (52) weeks, depending on the producer’s approximate marketing period. Steers, Heifers, Bulls, Brahma’s and Dairy Cattle are insurable. LRP Insurance is also available in all Colorado and Nebraska counties.
Sonnenberg Agency, LLC © Oct 2016, All Rights Reserved.