Unique Types of Commercial Insurance Products You May Not Know About

As businesses in Milford, PA, and beyond strive for stability and growth, safeguarding their operations is paramount. While many are familiar with traditional insurance products, there’s a realm of specialized coverage options that can provide tailored protection for unique risks. At RH Worthington Group, we understand the diverse needs of businesses, offering comprehensive insurance solutions to mitigate unforeseen challenges.

  1. Cyber Liability Insurance: Cyber attack threats loom large in today’s digital landscape. Cyber liability insurance helps businesses recover from data breaches, cyber extortion, and other digital threats. It covers expenses related to data recovery, legal fees, and customer notifications, offering crucial protection in an increasingly interconnected world.

  2. Product Recall Insurance: Product recalls can spell significant financial losses and damage to a brand’s reputation. Product recall insurance assists businesses in managing the costs associated with recalling defective products, including notification, shipping, and disposal expenses. It also covers potential liabilities arising from the recall, providing peace of mind to manufacturers and distributors.

  3. Employment Practices Liability Insurance (EPLI): Employment-related disputes, such as wrongful termination or discrimination claims, can arise unexpectedly, posing substantial legal and financial risks to businesses. EPLI protects companies from the financial consequences of such claims, including legal defense costs and settlement payments, helping them navigate complex employment law issues.

At RH Worthington Group, we specialize in crafting insurance solutions tailored to the unique needs of businesses in Milford, PA, and beyond. Our dedicated team works closely with clients to assess their risks and develop comprehensive coverage plans that offer peace of mind and financial security. Ready to explore your commercial insurance options? Contact RH Worthington Group today for personalized guidance and a competitive price quote. 

Is umbrella insurance only for the rich?

Umbrella insurance is a type of insurance that many people don’t understand. The name itself is confusing. It certainly is not insurance for your umbrella. But what exactly is it and who should have it remains elusive. At RH Worthington Group in Milford, PA, we are independent insurance agents who work for our customers, and we will provide the information and service you require when making insurance decisions. 

What is umbrella insurance?

Umbrella insurance is excess liability coverage. It helps to give you more liability protection than the basic policy that you have. Think of insurance as an umbrella, and your assets are you. The umbrella protects you from the rain, and an umbrella policy protects your assets from legal action against them, whether you are rich or have normal assets. 

How does it work?

When legal action is taken against you, the policy that you have with liability coverage will cover up to the policy’s limit. This can be a home, auto, condo, motorcycle, boat, or other policy with liability cover. It is excess coverage, so you must have a policy with liability for it to add additional coverage. It kicks in when you reach your primary policy limit. 

Who can benefit from it?

Umbrella insurance is not only for the rich. It is beneficial to anyone who has assets of any sort. You work hard for all the things that you own and the money that you have saved. If you don’t have enough coverage to protect yourself, getting sued could ruin your life. Umbrella insurance provides the extra help you need. 

Get in touch

Contact the team at RH Worthington Group in Milford, PA, if you have questions about umbrella insurance. Give our office a call to make an appointment today. 

Auto Insurance Essentials: Your Quick Primer on Coverage

In the complex realm of auto insurance, nuances are crucial. RH Worthington Group in Milford, PA is here to simplify. Let’s delve into the fundamentals of auto insurance coverage, focusing on specific types and shedding light on key definitions like medical auto insurance versus collision insurance for car damage.

Decoding Coverage

Auto insurance comprises various coverage types, each with a purpose. At RH Worthington Group, we prioritize clarity in coverage:

  • Liability Coverage: Protects you if you’re at fault in an accident, covering bodily injury and property damage expenses for others.
  • Collision Coverage: Addresses damage to your vehicle resulting from collisions.
  • Comprehensive Coverage: Safeguards your vehicle against non-collision incidents, including theft, vandalism, natural disasters, or collisions with animals.
  • Medical Payments Coverage: Takes care of medical expenses for you and your passengers, irrespective of fault, alleviating the burden of healthcare costs.

Understanding Medical Auto Insurance vs. Collision Insurance

Medical Auto Insurance:

This coverage caters to medical expenses for injuries sustained in an auto accident. It extends beyond your health insurance, covering ambulance fees, hospital stays, surgeries, and rehabilitation costs. RH Worthington Group ensures your medical auto insurance is comprehensive, providing adequate protection for you and your passengers.

Collision Insurance:

Designed to address damages to your vehicle resulting from collisions, collision insurance covers repair or replacement costs. RH Worthington Group emphasizes the importance of collision coverage, especially for newer or valuable vehicles, offering financial security.

Choosing RH Worthington Group: Your Partner in Protection

RH Worthington Group stands out as a reliable partner in auto insurance. With a focus on customization and transparency, our team ensures you grasp the nuances of your coverage. Connect with us in Milford, PA and embark on a journey to secure, informed, and personalized auto insurance. Drive confidently, backed by the expertise and commitment of RH Worthington Group.

I Work From Home. Does That Change Home Insurance?

There are a lot of ways to make a living in Milford, PA, and these days, working from home is fairly common. If you’re in that group, you might not have considered how your work arrangement impacts your home insurance needs. That’s why we at RH Worthington Group made this little explainer for you.

What You Need To Know

Working from home comes in a lot of varieties, and the nature of how you work from home really determines the answer to this question. Let’s consider a scenario. Say you work as a paralegal, and you get a few work-from-home days a month where you don’t have to go to the office. On those days, you use your own devices to get the work done. You don’t have any special equipment or anything for the job. It’s just another day at home, but you’re doing remote work.

In this scenario, your home insurance doesn’t need to change at all, and that’s because the nature of your work is not changing your liabilities or assets. No one comes to your house for the sake of the business. You don’t hold onto any equipment or inventory for anyone. It’s straightforward, and many, many work-from-home positions fit this bill.

Still, there are other scenarios, and they can change your home insurance. Let’s consider scenario two, where you keep inventory at your house. A lot of sales positions might go this route. If you keep inventory at the house, that changes the assets that you need insured, and that could impact your home insurance.

A different work-from-home position might end up having everyone from the office piled around your dining room table to catch up on a big project. More than a few small law firms have gone this route over the years. In this case, you’re having people over for the sake of work, and that raises your liabilities.

Consult With Us

In either of these cases, you need to have a talk about your home insurance with your RH Worthington Group representative. You might need to increase the insurance on your Milford, PA, home. You might instead look at small business insurance plans. It’s very case-by-case, and that’s why a conversation goes a long way.

Benefits of Keeping Your Commercial Building’s Exterior Maintained

As a business owner, it is easy to get caught up in your operational tasks and overlook the exterior of your building. This could damage your business, so you want to ensure you are maintaining the building and lawn and reaping the benefits of this practice. RH Worthington Group serving the greater Milford, PA area is here to help.

Improve First Impression

This is especially important for businesses with customers visiting or driving by regularly. Maintaining the exterior of the building gives the impression that you are organized, caring, and proud of the services you provide.

Customers are more trusting of a maintained property than one that is unkempt. For some customers, this could give the impression that your business is not open and they need to visit with a competitor. 

Prevent Liability Situations

By keeping the lawn mowed and manicured, you are keeping clear walkways that protect employees and customers alike when they are on the property. Unwanted debris can cause accidents or property damage if blown into a vehicle or cause someone to trip. 

Other practices like power washing can keep mildew and other allergen agents from gathering on the building and causing employees to become sick. When you maintain the property, you can see issues start to develop and get them fixed before someone gets hurt. 

Reduce Expensive Maintenance Repairs

By keeping up with small maintenance practices, you can avoid having to pay lots of money for repairs on the property and getting the most out of the building. Regular power washing, painting, and small wood repairs on decks can prolong the life of the building. 

Properties that are neglected with maintenance often need to be restored sooner than if they were maintained. When you let vegetation overrun the property, it can break down the wood, requiring total replacements. 

Schedule A Consultation Today

If you are a business owner in the Milford, PA area, contact RH Worthington Group today for a commercial insurance quote.

What Does Umbrella Insurance Cover?

Umbrella insurance is a type of liability insurance that provides an extra layer of protection beyond the coverage limits of your existing home, auto, or other primary insurance policies. It is basically a safety net of sorts that offers extended coverage to the policies you already have in place. Our agents at the RH Worthington Group serving the Milford, PA area alright explaining the importance of having this extra layer of protection along with your other insurance policies.

What Does Umbrella Insurance Cover?

For one thing, umbrella insurance can help you out when it comes to personal liability. This means if you’re found to be responsible for causing an injury to someone or damaging their property, umbrella insurance can help you cover not only their medical bills when they exceed your original policy but also legal fees and even legal settlements if necessary.

Umbrella insurance added to your auto liability policy can come in handy if you are at fault in a very serious auto accident. Your umbrella insurance can cover medical expenses, property damage, and legal fees that exceed what is already included in your auto liability insurance policy.

If you add umbrella insurance to your home liability policy, it will come in handy if someone is injured while they are on your property, For example, if your dog bites someone and their medical expenses exceed your homeowners or renters insurance limits, your umbrella insurance will pick up the rest.

An umbrella policy can even cover if you are possibly arrested or detained for some reason as well as if you are sued for slander or libel.

Consult With Us

To add an umbrella insurance policy to your existing policies, call upon our experienced and knowledgeable agents at the RH Worthington Group serving the Milford, PA area today!

Ways to Secure Your Vehicle When Traveling

When residents of Milford, PA travel to the bigger cities like Philadephia or New York City, there are some ways you need to secure your vehicle so that you are protected when traveling. 

Securing Your Vehicle

1. Park in Well-Lit and Secured Areas

If you are heading to one of these larger cities, it is vital that you spend a few extra dollars and choose well-lit and secured areas. These parking areas will either have an attendant on-site or have cameras that will deter your vehicle from being damaged. Parking lots with lots of light make it difficult to smash and steal a vehicle without being seen. 

2. Hide Your Valuables

If you have electronics, a purse, or other valuable items when traveling, make sure they are out of sight. Those who want to break in are looking for something quick to grab and run. If they do not see anything valuable in your car, they will probably move on to the next. 

3. Secure Your Windows

While you may habitually lock your car, it is important to make sure the windows are also rolled up. If the windows are cracked at all, it is much easier for thieves to break in undetected and steal your property or even the entire car. 

4. Don’t Leave Your Vehicle Running

Even if you lock your car and plan to use the key FOB or code to get back in, you are setting yourself up for disaster. A running car is easy to break into and take off with. If you leave your keys in the car to crank it, even for just a few minutes to defrost, that is all it takes to steal it. 

RH Worthington Group Is Here To Help

Even with all these tips, you could still be a victim. Secure your vehicle today with auto insurance from RH Worthington Group serving the greater Milford, PA community. 

What Happens if My Homeowner’s Insurance Policy Lapses?

Buying a home is one of the most rewarding events in a person’s life. However, owning a home is a major responsibility, as there is a great deal of upkeep necessary to ensure your home remains in tip-top condition. One way to ensure this is to maintain a homeowner’s insurance policy, and keeping an active insurance policy is often required by lenders. Serving the Milford, PA area, RH Worthington Group is here to assist. But what happens if your homeowner’s insurance policy lapses?

Here is an overview:

You Could Pay Higher Rates in the Future

If you allow your homeowner’s insurance policy to lapse, then your lapse will be documented. Whenever you attempt to purchase a new policy in the future, you could pay higher rates because the insurance companies will have access to the documentation about your previous lapse. 

You Could Be Responsible for Paying for Damages Out of Pocket

Another consequence of allowing homeowner’s insurance to lapse is that your home will be unprotected. If a fire or other damage were to occur, then you would have to pay out of pocket for repairs. Also, if someone were to become injured while on your property and opted to sue, you would be responsible for paying for any damages with no assistance from the insurance company. 

Your Mortgager Could Purchase Insurance For You

In most cases, once a homeowner’s insurance policy lapses, the insurance company will automatically inform the lender. Depending on your lender, they could opt to purchase a replacement policy for the property, but at your expense. Allowing your mortgage company to purchase insurance coverage for your home will almost always be significantly more expensive than purchasing your own. 

Schedule A Consultation Today!

If you are seeking a new insurance provider in the Milford, PA area, then you should consider RH Worthington Group. We have been providing high-quality coverage to customers for years, and we’re prepared to provide you with that same great service. Give us a call today, and one of our licensed insurance agents can provide you with a quote and hopefully, get your new homeowner’s insurance policy started. 

Do I Need Commercial Insurance For an Online Business?

Commercial insurance is also known as business insurance. All kinds of businesses need commercial insurance, such as the commercial insurance offered by RH Worthington Group serving Milford, PA and surrounding communities. Online businesses are not excluded from this necessity. In fact, online businesses may have an even greater need for commercial insurance. Here’s why:

Why Online Businesses Need Commercial Insurance

There are many scenarios that leave online businesses vulnerable, no matter what kind of online business it is.

Some sample scenarios include:

  • A hacker breaches your customer data, stealing personal information such as addresses and credit card details.
  • A person or company sues you for copyright infringement related to images or plagiarized copy from your website.
  • One of the products you sold causes injury to a person. (Note that even if you didn’t manufacture the goods, you could be held partially liable.)
  • The storage facility you use to store pre-sold inventory is broken into or burned down.
  • Your business computer, furniture, or other equipment is damaged due to an electrical event, fire, or flood.
  • A competitor decides to sue you for libel or slander because of some marking material you disseminated.
  • A person sues you for negligence based on some information you provided in an online course.

The list goes on and on. To ensure that your online business is protected, you need commercial insurance.

Some types of commercial insurance to choose from are:

Professional Liability Insurance for businesses that offer services, such as online courses, consulting, design work, etc.

Commercial Property Insurance to cover physical items.

General Liability Insurance for property damage, libel, lawsuits, bodily injury, and more.

Home-Based Business rider for businesses that are operated in the home and are not covered by home insurance.

Reach Out To Us

To learn more about what specific type of commercial insurance your online business needs, contact RH Worthington Group in Milford, PA.

Learn How Umbrella Insurance Can Protect You from Life’s Storms

Life’s unexpected mishaps can have serious financial consequences that can leave you and your family feeling like you’ve been left out in the rain when you aren’t prepared. The best way to help your family prepare to weather life’s storms is to have the right insurance to absorb the costs of unexpected financial burdens that can cause undue stress on you and your close family members. 

The insurance professionals at RH Worthington Group in Milford, PA can help you choose the best umbrella insurance to extend the coverage of existing life, auto, and home insurance policies. 

How Umbrella Insurance Protects You and Your Loved Ones 

Umbrella insurance acts like a cushion that helps shield you from legal liability claims and lawsuits that can arise when the limits of home insurance or auto insurance policies have been exceeded. 

Extended insurance coverage provides peace of mind when umbrella insurance policies kick in, where other insurance policies end and cover overages left outstanding from lack of coverage on other policies. 

Examples of extended coverages offered by Pennsylvania umbrella insurance policies:

  • Auto Accident Liability
  • Personal Injury Liability 
  • Defamation Claims
  • Lawsuits

How to Start an Umbrella Insurance Policy in Pennsylvania

A licensed insurance agent at RH Worthington Group can answer your questions about umbrella insurance. We can explain how much coverage you are eligible for and help you get started. 

Add an Extra Layer of Financial Protection to Your Existing Insurance Policies

When you’re ready to add an extra layer of protection to your existing policies, talk to the experts at RH Worthington Group in Milford, PA can provide you with advice and a free quote for an umbrella insurance policy. We are happy to help.