Advice Center

Purchasing a home or vehicle for your family or business can be a challenging task.
Our agents at Hickok & Boardman Insurance Group will help provide the necessary tools to help you decide what is best for you, your family, and your business.

Personal
Business
Buying a home for the first time

Many first time home buyers have difficulty deciding if they should purchase a condo or a single-family house. There are advantages and disadvantages with both types of homes; which one you choose depends on your lifestyle and needs. The buying process for both condos and houses is mostly the same.

What are the advantages of buying a house?

An important advantage of buying a house is that you have the freedom to remodel or make changes without the consent of others. Another advantage of owning your own home is that it allows for extra indoor and outdoor space, which is more accommodating for families, children, and pets. Houses also feature more storage space in closets, attics, or basements. Furthermore, you will have more privacy in a house because neighbors are not in close proximity.

What are the advantages of buying a condo?

More buyers are deciding to purchase condos rather than houses in recent years due to a resurgence in urban living. Condos are usually located in urban areas and within walking distance to shops, restaurants, and other places of interest. Some also have resort-like amenities, such as pools and fitness centers that would be cost-prohibitive in a house. With people living busier lives, condos are an attractive choice because of their convenience and low-maintenance lifestyle. Since association fees cover the exterior and many of the expensive components of the structure, maintenance is limited to the interior of the dwelling.

Who should I include on my Auto policy?

Anyone of legal driving age with a permit or license who is living in your home should be listed on your policy. This includes spouses, domestic partners, children, foster or step-children, and anyone else who resides in your home. If a resident of your home has their own car and insurance, is not a licensed driver, or has a suspended license they should be listed on your policy as a non-rated driver. If they have their own insurance, you will need to provide a copy of their policy to your agent. Some carriers have exclusions for unlisted drivers. Our agents can help you feel certain you have the right coverage.

How can data theft affect my business?

Your employee copies files onto a flash drive to take home to work on over the weekend. The employee’s car is broken into and the flash drive is stolen. The flash drive held confidential information in regards to your client’s names. Your biggest competitor now has that information and is using it to his advantage.

How can privacy liability impact my business?

An email is received from a well-known bank with an attachment. The attachment is opened and, unbeknownst to you, the crafty hacker now has access to all of your employee files, including social security numbers and dates of birth. A couple of months later, your employees are complaining about receiving credit card bills with purchases that were made overseas. Not only were your personnel files hacked, your employees are now victims of identity theft.

How can cyber extortion affect my business?

Your employee accidentally opens an email that contains a virus. The virus locks up all of your files by encrypting them. When you try to open one of these files, a window pops up asking you for the “new” password, and that if you don’t have that password they will gladly sell it to you for a premium. This is called cyber extortion and is becoming more and more prevalent these days.