Why Buy Your Automobile Insurance From BHL?
BHL is an independent insurance agency; therefore, we work for you! We are free to find the best automobile insurance rates on the market from many companies. More importantly, we take the time to ensure you have the right type and amount of automobile insurance to protect you from major liability in the event of a serious accident. Often, we are able to bring you this added coverage for the same or lower cost than you were paying for lesser protection. Following is a typical example of how you benefit by purchasing auto insurance through BHL.

Automobile Insurance Quotes and Options
With so many places to choose from for your automobile insurance it can be confusing and time consuming to evaluate your options. With BHL you don’t have to! We do all the work of shopping the best price and reviewing extensive coverage options including:

Bodily injury to others
Personal injury protection
Bodily injury caused by an uninsured or underinsured driver
Damage to someone's vehicle and property
Medical payments
Collision coverage for your vehicle
Other than collision—fire, theft—coverage for your vehicle
Rental car reimbursement
Optional towing, labor and roadside assistance

We make it easy for you. That’s why so many people turn to BHL for their automobile insurance. Save time. Save money. Get a quote today!

BHL Is A Leader In Motorcycle Insurance, Too!
The joy of biking is the freedom of the open road. Don’t let an accident threaten your freedom! BHL understand the passion bikers share. That’s why, as an independent insurance agency, were free to find the best insurance companies to protect you and your motorcycle.

Motorcycle insurance from BHL gives you the peace of mind knowing your motorcycle insurance has you covered no matter what comes your way.

Motorcycle Insurance Quotes and Options
BHL’s customized motorcycle insurance program ensures that your motorcycle insurance is tailored to the way you ride. We assemble the strongest motorcycle insurance plan for you that considers bodily injury and property damage liability, medical payments, roadside assistance, and more. Available motorcycle insurance options include:

Bodily injury to someone else or property damage you might cause
Bodily injury to yourself from an accident with an uninsured motorist
Damage to your motorcycle caused by an accident
Theft, fire, vandalism or other loss at your home or offsite storage
Customization work
Attached sidecars

You may be eligible for a discount when you complete a rider safety course. Learn more at Motorcycle Safety Foundation.

This is a general description of the available coverages and is not a statement of contract. All coverages are subject to policy provisions and applicable endorsements. For more information about motorcycle insurance speak to a BHL agent.

Insured or Not Insured? That Is A Scary Question
The dangers of being involved in an accident with an uninsured driver are obvious: The uninsured driver will not be able to pay for repair of your damaged property or for your medical bills. Although most states require that drivers have a minimal amount of auto insurance, more and more people opt to drive uninsured to save money or because they have no money.

But there is a more serious risk. Did you know that far more drivers are underinsured? You might be equally surprised to learn that you, too, are in this group! The average insured driver chooses to purchase $100,000 of liability coverage and just $25,000 uninsured coverage. With more drivers on the road, more distractions such as electronic gadgets in cars, and an increasingly litigious society, this is completely inadequate to protect you from financial ruin. Let’s look at a few examples:

You and the Uninsured Driver
You think you are safely insured with a maximum of $100,000 liability coverage and an additional $25,000 uninsured motorist policy. You and a family member are in a serious accident with an uninsured driver and your medical bills are expected to top $500,000 over time. You will receive nothing from the uninsured motorist and just $25,000 from your own uninsured insurance policy, leaving you holding the bag for $450,000 or more in expenses. Of course you could sue the motorist, but that may prove fruitless since the motorist was unable to pay for insurance to begin with.

You and the Underinsured Driver
In this example, you assumed you were properly insured with the typical $100,000 in liability coverage when you and a family member were struck by an underinsured driver. Medical bills for you and your family member are expected to exceed $500,000 when all is said and done. It turns out that the other driver also has $100,000 in liability insurance and she, too, thought she was properly insured. The sad truth is that you are both underinsured! After collecting the limit of $100,000 from the other motorist’s insurance company, you’re forced to turn to your own insurance company for help. But your own limit is just $100,000 leaving you holding the bag for $300,000 or more in expenses. Your only recourse is to sue the other motorist, a process that has no guarantees of recovering enough money, if any, to cover your expenses not to mention the time and frustration you will invest.

The Solution—Purchase As Much Insurance Protection As You Can Afford
To fully protect yourself from uninsured and underinsured motorists and the potential for financial ruin, it is advisable to carry as much liability insurance and uninsured motorist insurance as you can comfortably afford. Although your own circumstances may vary, you should consider a minimum of $100,000 per person/$300,000 per accident liability coverage, and $100,000 per person/$300,000 per accident uninsured motorist coverage $ uninsured motorist insurance. You should also consider purchasing a minimum $1 million umbrella policy and up to $5 million if you have lots of assets.

It’s easy to learn if you are underinsured. Just give us a call or contact us today:

Replacement Value Insurance
There are several different methods by which your insurance company may calculate the amount it will pay you for a loss. Payment based on the replacement cost of damaged or stolen property is usually the most favorable figure from your point of view, because it compensates you for the actual cost of replacing property. If your camera is stolen, a replacement cost policy will reimburse you the full cost of replacing it with a new camera of like kind. The insurer will not take into consideration the fact that you ran three rolls of film through the camera every day for the last two years, causing a considerable amount of wear and tear.

The term "replacement cost" is defined or explained in the policy. Simply stated, it means the cost to replace the property on the same premises with other property of comparable material and quality used for the same purpose. This applies unless the limit of insurance or the cost actually spent to repair or replace the damaged property is less. Refer to your policy for the exact definition and explanation of replacement cost.

Depreciated Value Insurance
In contrast, actual cash value (ACV), also known as market value or depreciated value, is the standard that insurance companies arguably prefer when reimbursing policyholders for their losses. Actual cash value is equal to the replacement cost minus any depreciation (ACV = replacement cost - depreciation). It represents the dollar amount you could expect to receive for the item if you sold it in the marketplace. The insurance company determines the depreciation based on a combination of objective criteria (using a formula that takes into account the category and age of the property) and subjective assessment (the insurance adjuster's visual observations of the property or a photograph of it). In the case of the stolen camera, the insurance company would deduct from its replacement cost an amount for all the wear and tear it endured prior to the time it was stolen.

The term "actual cash value" is not as easily defined. Some courts have interpreted the term to mean "fair market value," which is the amount a buyer would pay a seller if neither were under undue time constraints. Most courts, however, have upheld the insurance industry's traditional definition: the cost to replace with new property of like kind and quality, less depreciation. Courts have varied in their rulings as to whether or not depreciation includes obsolescence (loss of usefulness as a result of outmoded design, construction, etc.).

So What's The Difference?
The only difference between replacement cost and actual cash value is a deduction for depreciation. However, both are based on the cost today to replace the damaged property with new property.

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