Who Needs Commercial Insurance?

If you are a business owner, having commercial insurance is one of the key aspects of running your business. It does not matter whether high risks occur in your business or not, having commercial insurance is important. If you are thinking of getting commercial insurance but are still not sure if it is necessary, Gallina and Sons serving clients in Pittsburgh, PA and the Pittsburgh area prepared a list of those who will definitely benefit from this type of insurance.

Business Owners Who Own Properties

If you have commercial or personal property, you will definitely benefit from commercial insurance. A standard commercial insurance policy usually covers a commercial building itself, as well as all the items and belongings stored inside. Moreover, it is important to know that many mortgage lenders will not approve you for a loan if you do not carry proper commercial insurance.

Those With Liability Concerns

Some businesses and business owners are more prone to liability lawsuits than others. Therefore, having commercial insurance for them is a must. Most commercial insurance policies provide at least some level of liability protection. 

Business Owners Who Hire At Least One Employee

In the state of Pennsylvania, it is mandatory to carry worker’s compensation coverage. The purpose of this coverage is to protect business owners and their employees from financial losses if an employee is injured on the job. It also protects businesses from potential lawsuits. 

Gallina And Sons – Get Commercial Insurance To Protect Your Business

If you run your business in Pittsburgh, PA or Pittsburgh area, you should consider getting commercial insurance to protect it. Contact Gallina and Sons – an insurance company that will help protect your business, you as a business owner, and employees who work for you. Feel free to call us if you have any questions or need more information.  

Why you may want to add more liability insurance coverage

Owning a home comes with a certain amount of risk. That is why having not only the right home insurance but the right amount of liability coverage is vital to your financial security. Residents of Pittsburgh, PA can look to Gallina and Sons when they have home insurance questions or needs. 

Liability coverage protects you and your assets. If someone is injured at your home or by a member of your family, they may seek to have their medical bills paid, reparations for damages, and may sue for pain and suffering. This requires that you get legal representation. All of this can get expensive and you need to have enough liability insurance to feel that you are adequately covered. 

Some things put you at a greater risk of a large judgment against you and there may be liability risks at your home you aren’t even aware of. 

Your net worth has increased

The more you are worth, the more at risk you are of being sued. Chances are, your net worth has increased significantly from the time you first bought your home insurance policy and today. Keep that in mind when deciding on how much liability coverage you feel comfortable with. 

You have a dog

Your dog may be a member of your family, but depending on the breed, it may be a huge risk factor. Some breeds are considered so risky that insurance carriers won’t insure them. Let your insurance agent know that you own a dog and make sure your breed is covered. 

You have a pool

A pool is a great place to hang out in the warm weather, but it is also a risk you must consider when choosing your liability coverage. 

Residents of Pittsburgh, PA can count on Gallina and Sons for all their home insurance requirements. 

How Much Does Business Insurance Cost?

There is no doubt that having a business in Pittsburgh, PA, is profitable. There is a huge population with valuable customers. However, according to Gallina and Sons, for you to sustain your business without major hiccups in this region, it is essential to have business insurance. This is an insurance policy that covers you against possible perils such as fire, theft, downtime, worker compensation, and commercial vehicle breakdown. 

How Much Does Business Insurance Cost?

As a typical business owner, paying attention to cost implications is important. You don’t want to have a policy that will take too much capital out of your business. At the same time, you don’t want to be underinsured. The best way to sustain your finances and get covered is to strike a reasonable balance. 

What Affects Business Insurance Cost?

In most cases, insurance policies will be customized. Your business will have a distinct insurance policy as compared to the next organization depending on the factors discussed below. 

Area of Operations

Depending on the area of operations, businesses carry different risks. A tree-cutting business carries more risks than an organization that is offering online teaching. As such, you need to determine your risk levels before knowing the type of insurance policy to consider. Number of Employees

If you have two or three employees, your insurance costs will be lower. However, if you have many employees, you should expect to pay higher. Each employee increases risk exposures, which means that your claims are much higher and more regular as compared to a company with few workers. 

Looking for Business Insurance?

Gallina and Sons is the leading business insurance company in Pittsburgh, PA. We endeavor to provide the necessary protection to your business and cover your valuable investments. Call us today for more information on business insurance and associated costs.

What Could Happen if a Property Owner Does Not Get Home Insurance?

Owning a home in the Pittsburgh, PA area is a great option for many. Most property owners here would agree that having proper insurance continues to be a necessity. If you are a property owner here and do not have home insurance, a few different negative situations could arise. 

You Could Lose Assets

One of the worst situations that could arise if you do not have home insurance is that you could lose your assets. Your home and personal belongings are covered under a home insurance plan. This means that you will have support if you are a victim of fire, storm damage, vandalism, theft, or other situations that result in a loss. If you do not have insurance, you will lose this protection and may not have the resources to repair or replace them in the future. 

You Face Liability Risk

Another risk of not having home insurance is that you have a heightened liability risk. Property owners are going to take on some liability risk at all times. If an accident happens in your home, you could be held liable for the damages associated with it. With insurance, you will have the support to cover these damages. However, if you do not have insurance, you may need to cover the damages out of your own financial resources. 

There are a lot of reasons that people in the Pittsburgh, PA area should always have a proper home insurance plan in place. If you are looking for a new plan and want to ensure that you are properly covered, calling Gallina and Sons is a great option. The team with Gallina and Sons can offer you any support that is needed to fully understand your options and choose a new plan. 

Four things your condo association insurance policy should cover

If you own a condo in Pittsburgh, PA, it’s important to understand what your condo association insurance policy covers. At Gallina and Sons, we offer condo insurance policies in Pittsburgh.

The following are four things your condo association insurance policy should cover. 

Common areas

One of the potential expenses that just about any condo association insurance policy should cover is damages related to common areas. If a common area such as a roof, basement, or elevator is damaged, condo association insurance should cover the resulting expenses. 

Liability for the entire association

Condo association coverage also should include liability expenses that the association together experiences. If the association is sued because someone became injured on commonly owned property, the condo association policy should cover the resulting expenses. 

Personal belongings

It’s important to read the fine print and understand exactly what your condo association policy covers. While not all such policies may not offer coverage for personal belongings, some may offer coverage for the personal belongings of individual unit owners. 

It’s important to understand whether your community’s condo association insurance policy offers any coverage for personal belongings. This influences your own need for an individual condo insurance policy. 

Individual units

Some policies might offer coverage to damages within individual units. It’s important for condo owners to be aware if their condo association insurance policy offers such coverage.

If your condo association insurance policy doesn’t offer coverage for such expenses, then it’s important to invest in an individual condo insurance policy offering damages and liability coverage for individual units. 

We’re here to help you with all your questions on condo association insurance. Get in touch with us at Gallina and Sons to learn about your policy options in Pittsburgh, PA. 

Three things to remember when you’re insuring your business

Finding the right commercial insurance policy to protect your business operation financially is important. At Gallina and Sons, we offer commercial insurance policies in Pittsburgh, PA.

The following are three things to remember when you’re insuring your business.

There are numerous coverage types to consider

One of the most basic things you need to know about commercial insurance coverage is that there are numerous types to consider. Just a few types of commercial coverage include commercial liability, commercial property, malpractice, and errors and omissions coverage.

You need to learn about what the different types of coverage are and evaluate whether you need them. 

Performing a risk assessment is important.

One step that any company should go through when in the process of finding commercial coverage is a risk assessment. A risk assessment will pinpoint all the financial risks your company faces. This risk assessment should also involve calculating how much coverage your company needs.

Don’t overlook the importance of the risk assessment. You want to find insurance to offer your company financial security, but you don’t want to overpay for insurance coverage. That’s why a risk assessment involving detail and careful calculations is important. 

Certain types of coverage may be required by law.

Another important thing to remember is that you could be required by law to have commercial coverage in some cases. For example, you may need to carry workers’ compensation coverage if you employ enough workers. Figure out what your legal obligations are before you purchase a policy. 

Do you have questions about commercial insurance in Pittsburgh, PA? We’re here to help at Gallina and Sons. Contact us with your inquiries about our commercial insurance policies. 

Types of Commercial Insurance

Commercial Insurance

There are many different types of insurance for businesses. Some are required and others are commonly recommended to provide a business owner with full coverage for accidents and calamities. If you need commercial insurance, contact us at Gallina and Sons in Pittsburgh, PA. Our agents can talk about the major types of commercial insurance and which might be right for you.

Property Insurance

Commercial property insurance works differently from policies that are for private homes. It covers specific calamities that can happen to all or part of the building. It may or may not, depending on the contract, cover items inside the building. 

Liability Insurance

This type of commercial insurance protects the company from damages that are done to third parties. This often means members of the public, but it can also mean contractors and merchants, depending on the specific contract. 

Workers’ Compensation Insurance 

This insurance type covers injuries and illnesses that happen to employees while they’re on the job. The coverage is for medical bills that stem from these incidents. 

Commercial Auto Insurance

This type of insurance works much like a regular auto policy, but it is especially for company-owned vehicles. If you have a vehicle that isn’t owned by the company but that you use for company business, this may require commercial insurance as well. Talk to an insurance agent about the vehicles owned by the business as well as the ones that are used on behalf of the business.

Get Your Commercial Policies

If you have not yet insured your business, there are likely several types of policies it needs. Call us at Gallina and Sons in Pittsburgh, PA to make an appointment with an insurance agent about your company’s insurance needs. 

What are the benefits of getting commercial insurance in Pittsburgh?

When you are in the Pittsburgh, PA area, getting proper insurance protection is very important. This is especially true for small businesses. If you are an owner or manager of a small business in this area you will want to invest in a formal commercial insurance policy. There are several benefits that come when you get commercial insurance coverage. 

Ensures Business Assets are Protected

One very important reason why you need commercial insurance is that it will protect your business assets. A business is going to invest a considerable amount of money in equipment, inventory, and other assets that are needed to build and grow a company. Unfortunately, you will lose out on a significant amount of money if these assets are damaged or stolen. When you have commercial insurance, you will receive coverage to repair or replace these items.

Gives Coverage for Liability Risk

An additional advantage of getting this insurance is that it will give you coverage for liability risk. Businesses of all sizes are going to take on a lot of liability risk on a daily basis. If you have a customer that accidentally gets hurt or ill, you could be held liable. Due to the potential significance of these damages, you will want to ensure that you have a policy that protects you.

When you are going to get a commercial insurance policy in the Pittsburgh, PA area, it is important to receive guidance and support from someone that you can trust. Those that are in this area should call Gallina and Sons to discuss their needs. The team at Gallina and Sons understands the needs of small businesses. They can then offer you advice and guidance that is curtailed based on the needs of your organization. 

Can My Mortgage Lender Decide How Much Insurance I Buy?

When buying a home in Pittsburgh, PA, your mortgage lender is going to have a say in how much insurance you carry. After all, they have a stake in the home, so they will generally require that you carry a minimum level of insurance. Home insurance is not legally mandated, but your mortgage lender has every right to require that you carry some protection.

However, your lender’s input begins and ends at setting the minimum level of insurance that you must carry.

That means that your lender isn’t going to be telling you who you can buy your insurance from. Some lenders may have an insurer that they prefer, but they can’t dictate that you must use their insurance company. Some homeowners will simply allow their mortgage lender to choose their insurer, but this isn’t recommended. You’re going to want to take the time to attain insurance yourself to make sure you’re getting a good deal.

And of course, your insurer can’t dictate a maximum level of insurance. Not that a lender would typically have any interest in doing so, but in any event, all your lender can do is dictate a minimum level of protection. That level may vary from lender to lender, but you’re going to have a hard time finding a lender that doesn’t dictate a minimum of insurance.

If you’re still shopping around for insurance in Pittsburgh, PA, get in touch with us at Gallina and Sons. You can visit the Gallina and Sons website, call us, or stop by the office. Whether you’re a new homeowner or looking for a new insurance provider, we can help you to get the protection you need.

Condo Insurance: What You Need to Know

There are a lot of different types of homes that you can buy in Pittsburgh, PA. Every one of those types will have to be protected by some form of homeowner’s insurance policy. But the question is which home policy is right for you? One of the most confusing policies for homeowners is the condo policy. Here are some things that you will want to know about your condo policy.

The Basics of a Condo Policy

Condo insurance is a cross between a renter’s insurance policy and regular homeowners’ policy. The difference found with this policy is what it covers. It may shock you to know that it does not cover what most people think it should.

  • The condo policy will have the same coverage types such as personal property and it will cover you if you should have to move out while repairs are being done.
  • The policy will only cover things that are inside of the walls of the condo. The condo association will have a commercial policy that will cover the outside of the structure. 
  • The policy may cover from the studs in or from the drywall in. This is important to know because it will affect what your policy will cover. It comes down to whether or not you will have to pay for drywall and paint or simply the interior of the condo.

Buying condo insurance in Pittsburgh, PA will have somethings that may confuse you. That is why you need a reliable agent. All of us at Gallina and Sons are committed to helping you get the right policy for your home. Call us today for an insurance consultation and let us help insure your condo with the correct level of coverage.