Being a business owner is a goal for many people in the Saint Paul, MN area. When you start a business here, you must do your best to protect the organization. A way that all people can do this is by getting the right insurance for the company. Insurance policies provide a lot of benefits to the property owner, your company inventory, and your employees.

Cover Business Assets

A reason to ensure you have a commercial insurance plan when building a business is to protect your assets. When you create a business, you will have assets to acquire. This can range from inventory to office equipment to major capital equipment. In any situation, you need a commercial insurance plan to ensure you have support to repair or replace the items if you incur a loss due to a covered risk. 

Manage Liability Risks

Getting a commercial insurance plan to manage your liability risks is also a good idea. A business owner is going to take on many liability risks if they serve clients. A great way to manage these risks is by getting a commercial insurance plan, including liability coverage. This will provide great financial support if you are found liable for an accident. 

Those in the Saint Paul, MN area who want to get insurance will need to ensure they speak with someone they can trust. Our insurance team with Rising Star Insurance knows the value of commercial coverage and can help you create a new plan. When you call our professionals with Rising Star Insurance, we can give you the support you need to build your next policy.

Residents of Saint Paul, MN count on Rising Star Insurance when they need an independent insurance agency that can meet all their insurance needs. Our team is knowledgeable and can answer any questions that you may have about life insurance.  

Can I get life insurance without a physical exam?

Yes, you can. Whole life insurance policies don’t require a physical exam. This is insurance for the long haul and is usually more costly than term life insurance, but it also earns dividends. Some companies advertise term life without a physical, but it will be more expensive, and it is usually for smaller amounts of life insurance. 

Do I need my own life insurance if I get life insurance at work?

Life insurance from an employer is a great benefit. But letting your employer be in control of something as important to your financial future is not the best option. You should purchase your own life insurance in the amount that you know you will need and consider the work insurance as a bonus. 

How do I know how much life insurance I need?

Having an independent insurance agent who knows you and your needs is helpful. The purpose of life insurance is to provide for your dependents if your income is taken away. You need to multiply your income by the number of years you think you will need to provide for. If you have a large mortgage, that is a consideration as well. 

Do I need life insurance if I have no dependents?

If you have enough money in your checking account or savings to pay off any debt you have and pay for your final expenses, then no, you don’t. 

If you live in or near Saint Paul, MN, Rising Star Insurance can help with all of your life insurance needs. We are available to help with any questions you may have. 

The storm season here in the Saint Paul, MN area can be problematic for boat owners. Preparing your vessel for an incoming storm is essential to protect it from the strong winds and heavy rains that can accompany it. Here are some tips from us at Rising Star Insurance to help you get your boat ready: 

1. Secure all loose objects on board – Anything not tied down should be securely stowed away in a dry location, such as an enclosed cabin or storage locker. Be sure to secure any items that could become hazardous during rough conditions, including large sails, fishing tackle, and boating supplies. 

2. Disconnect the battery – Unplugging the battery is always a good idea before a storm arrives so your electronics won’t be damaged by a power surge caused by lightning strikes or strong winds. 

3. Remove covers and tarps – These items are designed to protect your boat from the elements, but they can also act as sails when faced with gale-force winds, potentially damaging your vessel or other nearby boats in the marina. 

4. Inspect the hull – Make sure there are no cracks or gaps in the hull that could let in water during bad weather. If necessary, patch up any areas of concern before heading out on the water again after the storm passes. 

5. Invest in insurance – While you can take steps to minimize damage from storms, it’s best to have adequate coverage for your boat so you don’t want to worry about expensive repairs or replacements if something goes wrong during bad weather conditions.  

For more tips, call us at Rising Star Insurance today. We are proud to serve the Saint Paul, MN area.

Despite our best intentions, accidents happen, and that is why you buy insurance. However, some people don’t have the right insurance or the right combination of insurance and coverage. The team at Rising Star Insurance serves Saint Paul, MN, so we want to ensure you are familiar with umbrella insurance and how it can protect you and your family.

Minnesotans experience severe weather, so consider what might happen if someone fell on your property or you were at fault in an auto accident involving serious injuries. In either situation, the liability for those injuries could exceed the amount covered by your home or auto policies, leaving you responsible for the remainder. In the worst case, that could mean the loss of your savings, home, or other assets.

That is where umbrella insurance kicks in by covering amounts over your standard policies’ limits. Of course, most policyholders never need to use their umbrella insurance, which makes these policies relatively inexpensive. In addition, umbrella insurance covers the "What Ifs" and provides peace of mind knowing your family is fully protected.

Besides your home and auto liabilities, umbrella policies can cover legal and court costs. Umbrella insurance doesn’t cover your personal property, business losses, fraudulent actions, or contractual obligations, but it provides an extra layer of protection by covering amounts over your standard policies.

Knowing you and your family are protected is comforting in a world where anything can happen. So, if you live in Saint Paul, MN, and want to discuss how umbrella or other insurance offers protection, the team at Rising Star Insurance stands ready to help. Call us today to look at the options that make the most sense for you.

Riding a motorcycle is inherently more dangerous than driving in a car, truck, or similar vehicle. This doesn’t mean riding a motorcycle is especially dangerous, however. You can mitigate many risks with proper driving practices and taking steps to safeguard your well-being. One of the best steps is to ensure the right motorcycle insurance policy covers you. Contact Rising Star Insurance, serving greater Saint Paul, MN, to discuss motorcycle safety and insurance options.

Let’s take a gander at some things riders can do to make riding a motorcycle safer.

The Proper Gear is a Must

When you ride a motorcycle, you can’t take advantage of much of the safety equipment found in automobiles. Cars and trucks have crumple zones that deflect forces away from passengers in the cabins. The pillar supports can provide protection during a rollover, and airbags can ensure softer landings even with the hardest of stops.

Motorcycles lack many of these safety features. The best piece of safety equipment with a motorcycle is a helmet. With both drivers and passengers, helmets are about 40 percent effective at preventing death. The right jackets, pants, and other gear designed for the road can also prevent or reduce road rash and other injuries.

Not every state requires that riders wear helmets and other gear. However, if you spend a lot of time riding motorcycles, there’s a relatively high risk that you will eventually be involved in an accident. If and when that day comes, a motorcycle helmet and other gear could save your life or prevent serious injuries.

Have the Right Motorcycle Insurance Policy

If you get in an accident, medical bills can quickly skyrocket. You may also be liable for other people’s medical bills, such as other drivers and also passengers. The right motorcycle insurance program can protect you from financial risks. Contact Rising Star Insurance, serving greater Saint Paul, MN, to discuss motorcycle insurance options.