What should I think about when building a boat insurance plan in Ohio?

In the Willoughby, OH area, owning a boat can be a lot of fun. When you are going to purchase a boat here, you will enjoy all the local lakes and waterways throughout the region and state. Along with shopping for a boat, you also need to get the right insurance. There is a lot you need to think about when you are going to build a boat insurance plan when you are in this area. 

Your Requirements

One of the factors to consider as you are shopping for boat coverage in this region is what your requirements are. There are various situations when you may be required to carry insurance. To use certain marinas and waterways, you may be obligated to carry a boat insurance plan with liability coverage. There are also scenarios when you will be required to carry full coverage if you have taken out a loan when buying a boat. You should always make sure you receive the necessary coverage. 

Value of Boat for Coverage

It is also important to consider the value of the coverage of your boat. When you are going to get insurance, you can move forward with either an agreed-value policy or actual cash. Agreed value is a coverage level negotiated with the insurer, and the actual value is the market value, which factors in depreciation. 

Consult With Us

Getting boat insurance needs to be a top priority when you are purchasing any watercraft in the Willoughby, OH area. Once you are ready to start shopping for your next boat here, you can call our team with The Merhar Agency LLC to discuss your needs. Our team of professionals with The Merhar Agency LLC can help you by addressing your questions and offering the ongoing support necessary to build a new plan. 

I’m a small business owner with one employee. Do I need umbrella insurance?

Many small business owners have a vested interest in protecting their assets and their profits. Business insurance provides a variety of different benefits for business owners. The team at The Merhar Agency LLC is dedicated to helping Willoughby, OH business owners get the coverage they need. 

What is Umbrella Insurance?

As a business owner, commercial/business insurance provides protection for accidents, lawsuits, business auto insurance, workers’ compensation, and more. However, there are times when an accident or a loss exceeds the maximum limits of a business insurance policy. This may not happen often, but it does happen from time to time. Umbrella insurance is designed to cover any loss or situation that the primary insurance policy doesn’t cover.

If your accident or loss exceeds the limits of your primary insurance policy, umbrella insurance will cover the overage. Sometimes, if an incident or accident isn’t covered under your business policy, umbrella insurance can act as primary insurance by covering this event/accident/situation. It should be noted that you must have business insurance to be eligible for umbrella insurance. 

I’m a small business owner with one employee. Do I need umbrella insurance?

As a small business owner, umbrella insurance is a good investment if you have assets that you’re concerned about protecting. If you have an accident, loss, or lawsuit, and the coverage limits of your primary business insurance are exceeded, umbrella insurance provides coverage. It’s impossible to predict the future. Umbrella insurance is essentially back-up insurance.

Umbrella insurance provides coverage when the limits of your primary insurance have been exhausted. Although you may not use umbrella insurance often or much at all, it’s good to have it. It’s not designed to be used as primary insurance. It’s actually insurance for your primary insurance.

Schedule A Consultation Today

If you have questions about umbrella insurance, call us at The Merhar Agency LLC in Willoughby, OH. We’d be happy to answer all of your questions.   

What should someone think about when getting flood insurance in Ohio?

Anyone who is a property owner in the Willoughby, OH area will know how important it is to have the right insurance. When you do look for any type of insurance here, it is important to also consider your flood insurance needs. As you are looking for this coverage, there are various factors to think about when evaluating your options. 


The first factor you should think about when you are shopping for flood insurance is what your requirements are. If you choose to purchase a home, you will likely take out a mortgage or live in a home association. In these situations, you likely will have a flood determination pulled to see if you are in a flood zone. If you are, you will likely have specific flood requirements. You should carefully assess these requirements to ensure you remain in good standing. 

Assets to be Covered

As you are looking for flood insurance, you should also consider the assets that you need to be covered. It is important that you have enough coverage so you can fully rebuild your property if it is damaged in a catastrophic flood. It would also be a good idea to ensure you have coverage to replace your core personal assets and even have support if you need an alternative living arrangement while repairs are being made. 

Consult With Us

Anyone living in the Willoughby, OH area will want to be assured that they have the right flood insurance in place at all times. When you are looking for flood insurance when you are in this area, you can call us at The Merhar Agency LLC. When you work with our team at The Merhar Agency LLC, you will get any support you need to build a new plan.

Why Comprehensive Motorcycle Insurance is Worth the Investment

There is nothing better than hitting the roads around Willoughby, OH and feeling the wind in your hair. It is an exhilarating feeling that can’t be replicated in a car or other vehicle. However, with freedom comes a fair share of risks. Motorcycles are not the safest vehicles on the road, and accidents can result in serious injuries or even death. That’s why The Merhar Agency LLC recommends comprehensive motorcycle insurance.

Benefits of Comprehensive Motorcycle Insurance

Comprehensive motorcycle insurance covers damage or loss to your motorcycle resulting from accidents, theft, fire, vandalism, and natural disasters. This type of policy covers everything from collisions with other vehicles to hitting a pothole or deer on the road. Comprehensive coverage even extends to non-vehicle-related incidents, such as theft or damage caused by falling trees or hail.

Comprehensive motorcycle insurance is that it can potentially save you thousands of dollars in the event of an accident or theft. Without insurance, you would be liable for the cost of repairs or replacement of your motorcycle out of pocket.

Comprehensive motorcycle insurance also provides protection for other people on the road. In the unfortunate event of an accident, insurance coverage can help pay for injuries to others and damage to their vehicle or property and potentially save you from having to pay out of pocket for this damage.

Schedule A Consultation Today!

Comprehensive motorcycle insurance isn’t just a policy for riders; it’s a necessity. It provides protection in case of accidents, theft, or natural disasters. It gives riders peace of mind while enjoying their motorcycle and takes the financial burden off of their hands. With such great benefits and the peace of mind it provides, comprehensive motorcycle insurance is worth the investment. Contact The Merhar Agency LLC today to get coverage in Willoughby, OH.

Condo insurance terms you need to know

Condo owners in the Willoughby, OH metroplex work hard to make sure their space feels like home. At The Merhar Agency LLC, it’s our pleasure to help insure our clients with the right policy. Understandably, there are terms you should become familiar with to understand how your property is protected. 

Condo Insurance Terms

Condo insurance is similar to home insurance because it covers your personal property, liability, and certain types of structural damage to your condo. It differs from home insurance in that it does not cover the structure of the building itself. These are typically covered by the condo association’s master policy. When you purchase a condo policy, you are purchasing coverage for damages not already provided by the association’s master policy.

  • Dwelling coverage- Covers the cost of replacing structures like flooring if it’s damaged or destroyed due to an expected event.
  • Temporary living expenses or loss of use- Helps pay for somewhere else to live should your condo become unlivable after an event such as a fire or natural disaster.
  • Liability coverage- This is another term in condo insurance policies that protects you from being sued for accidental bodily injury or property damage caused by you, your family members, or pets in or around the condo.
  • Personal property- If you have items inside your condo, like electronics or furniture, that were damaged, this part of the policy can help cover the replacement costs.

Find Out More About Condo Insurance

The Merhar Agency LLC in Willoughby, OH is always ready to help other clients with insuring what matters most to them. Do you need to get an estimate on condo insurance? Please feel free to get in touch with us to get a free quote or if you have any questions.

How College Graduates Can Benefit from Life Insurance

Graduating from college is a major milestone in a person’s life. As a graduate, you’ll face many challenges and make major decisions that will impact your future. One of those decisions is whether or not to obtain life insurance. There are numerous reasons to consider life coverage at this stage of your life. If you live in or around Willoughby, OH, we invite you to visit The Merhar Agency LLC to discuss how life insurance can benefit you.

Benefits of Life Insurance for College Graduates

One reason to consider life insurance after college graduation is that it comes at a lower cost. You can save a substantial amount of money by purchasing your policy at a younger age. Here are a few more reasons to consider life insurance after college graduation:

Pay for Private Student Loans

If your parents or older siblings co-signed private student loans to help pay for your education, they could be held liable for those loans if you were to unexpectedly pass on. Life insurance can be used to cover this expense so your loved ones don’t have to bear this burden.

Financial Support for Children or Significant Other

It’s not uncommon for college students to be married or have a family, especially those that are completing a Master’s or Doctoral program. If you have a spouse or children, life insurance offers a means of providing for your loved ones in the event of your sudden demise.

Pay for Home Mortgage

If you own a home, life insurance can be used to pay off your mortgage after you’re gone to make it easier for your loved ones to carry on.  

Where to Obtain Life Insurance

To learn more about the benefits of life insurance after college graduation, contact The Merhar Agency LLC in Willoughby, OH. We are happy to help. 

Why you need renter’s insurance if you live in an apartment.

Renter’s insurance is a wonderful tool for renting or leasing their living quarters. This insurance coverage provides a blanket of protection from liability and loss. If you would like to learn more about renter’s insurance, you can count on the professionals at The Merhar Agency LLC to provide the residents of WIlloughby, OH with reliable insurance products. 

Renter’s Insurance

If you rent an apartment or a house, you may be at risk for losses related to liability claims. When you have a renter’s insurance policy in place, you reduce your instance of liability and protect yourself from a wide range of risks. If you want to get great coverage for your rented home, you can rely on our team of professional agents to give you the support you need to be securely covered. 

We help you understand the need for renter’s insurance and how it can benefit you in your situation. Once we determine your current needs range, we suggest policy options that match your needs. We take the time to explain the terms and conditions of the policy so you can be informed. We also assist you with document submission to secure your policy immediately. If there are any changes to the policy or claims, we will also assist you in expediting the process. 

Reach Out Today

If you would like to learn more about renter’s insurance, we encourage you to stop by the office or call us. One of our helpful agents from The Merhar Agency LLC will be happy to assist you. We take pride in helping the residents of Willoughby, OH get the insurance that provides security. 

Insuring Your Ohio RV: What You Need to Know

Traveling in your recreational vehicle (RV) can be an exciting adventure, providing an opportunity to explore the open road and make memories. However, as an RV owner in Ohio, it’s essential to ensure you have adequate insurance coverage to protect yourself, your vehicle, and your belongings. The Merhar Agency LLC in Willoughby, OH is here to help you understand the ins and outs of RV insurance.

About RV Insurance

First and foremost, insuring your RV in Ohio is mandatory, just like any other vehicle on the road. However, RV insurance differs from standard auto insurance in several ways. Since your RV functions as both a vehicle and a living space, you’ll need coverage that encompasses both aspects. At The Merhar Agency LLC serving Willoughby, OH, our knowledgeable agents can guide you in selecting the appropriate coverage for your unique needs.

There are different types of RV insurance policies available, depending on your vehicle type and usage. For instance, if you own a motorhome, you may require a specialized policy that offers coverage for the vehicle itself, as well as personal property and liability protection. If you have a travel trailer, you’ll need insurance to cover any damages to the trailer, along with liability coverage for potential injuries or property damage.

Additionally, you should consider adding comprehensive and collision coverage, which protects your RV in the event of theft, vandalism, or damage due to an accident. We can help you evaluate your specific needs and tailor a policy that suits your lifestyle.

Another important aspect of RV insurance is understanding the difference between full-time and part-time coverage. Full-time coverage is designed for those who live in their RVs year-round or for an extended period, while part-time coverage is for occasional or seasonal use. Be sure to discuss your situation with our agents to determine the appropriate level of coverage.

Reach Out To Us

Insuring your Ohio RV is crucial for your safety and financial well-being. We are committed to helping you navigate the complexities of RV insurance and ensuring you have the right coverage for your needs. 

Navigating the Waters of Boat Insurance: Tips and Tricks

Buying boat insurance can be complicated and confusing. At The Merhar Agency LLC, we understand the unique needs of our customers in Willoughby, OH, so we have put together some tips and tricks to help you find the best boat insurance plan for your needs.

Boat Insurance: Tips and Tricks

1. Understand Your Coverage Options

The first step is to determine what type of coverage you need. Comprehensive coverage will provide protection from damage caused by fire, theft, vandalism, and other accidents, such as collisions with other boats or objects. Liability coverage is also essential; this protects you in the event that someone else is injured on your boat or if their property is damaged due to an accident involving your boat.

2. Consider Your Boating Habits

When shopping for boat insurance, consider how often you use your boat. If you plan on taking long trips or have guests aboard your vessel, you might need to look into additional coverage, such as medical payments and guest protection coverage.

For example, if you plan to take your boat out in the winter, it is vital to ensure that your policy includes cold-weather protection. Additionally, you should consider any activities you will be engaging in while boating; some policies may not cover certain activities, such as water skiing or fishing tournaments.

3. Work with an Experienced Agent

Shopping for boat insurance can be overwhelming. Working with an experienced agent will help you find a plan that is tailored to your specific needs. At The Merhar Agency LLC, we understand the unique needs of Willoughby, OH boaters, so you can trust that we’ll have you covered when it comes to boat insurance.

Reach Out To Us

With our expertise and guidance, you can feel confident that you’ll be adequately protected on the water. Contact us today for more information about finding the right boat insurance plan for your unique needs.

Umbrella Insurance Basics for Ohio Homeowners

Are you an Ohio resident seeking to boost your homeowner’s insurance coverage? The umbrella insurance experts at the Merhar Agency LLC in Willoughby, OH can help!

Do I Need Umbrella Insurance if I Have Home Insurance?

Umbrella insurance is an extra layer of protection that can help if you are sued or liable for damages. If you have homeowner’s insurance, it likely only covers some of it, and umbrella insurance can help fill in the gaps.

What Happens If I Am Sued Without Insurance?

If you are sued and don’t have umbrella insurance, you will be responsible for any damages awarded to the plaintiff up to the limit of your homeowner’s policy. This could mean selling your home or other assets to pay off the judgment.

Umbrella insurance can help protect you from this type of financial ruin.

Do I Need Umbrella Insurance In Ohio?

The need for umbrella insurance depends on many factors, including the amount of coverage you already have and risk tolerance. If you feel that you may be sued or held liable for damages in the future, umbrella insurance can provide an extra layer of protection. Covered policyholders say it is worth the peace of mind it provides.

Can I Get Umbrella Insurance Through My Homeowner’s Policy?

Umbrella insurance is an extra layer of protection that can help if you are sued or liable for damages. If you have a homeowner’s insurance policy, your insurer may offer umbrella insurance as an add-on. 

Give Us A Call

Make sure to compare quotes and contact the Merhar Agency LLC when making a decision! We proudly serve the greater Willoughby, OH region.