What Business Owners Need to Know About Employee Benefits Insurance

As a business owner, if you wish to give your employees benefits, which may include health insurance, life insurance, retirement benefits, disability or other benefits that are held on behalf of your employees for future distribution, you have a fiduciary responsibility regarding protecting them. There is the potential of severe litigation risk if something goes wrong and the funding to pay for the promised benefits is not available to meet the obligations when the time comes to pay them. 

To manage this risk, employers use employee benefits insurance that is also called employees benefits liability insurance. Consult with your agent at Saucon Insurance Agency, serving Bethlehem, PA, and the surrounding area, to talk about the protection offered by this type of insurance. 

What is employee benefits liability insurance?

This is a type of errors and omission (E&O) insurance that protects a business owner against certain mistakes made by the administrator of the employee benefits program. It is prudent and required by law in some cases, to use a third-party administrator to protect the funds held in an employee benefits program. It is equally wise to insure against any mistakes that might be made by the fund’s administrator, which might create a liability for the business owner.

For example, if, employee benefits liability coverage is in place to protect a health insurance plan, and a qualified beneficiary of the plan is left out of the coverage accidentally or by a mistake made by the plan administrator, then, the protection might help pay the health plan benefits, which would otherwise have been covered by the health care policy.


It is considered by most business owners to be too risky for a business not to carry employee benefits liability coverage. With this type of insurance coverage, business owners enjoy the confidence of not having to worry about certain mistakes that might be made by others. Contact your agent at Saucon Insurance Agency in Bethlehem, PA to conduct an insurance review and get a quote for employee benefits liability coverage.

4 Simple Loss Prevention Techniques for Your Retail Space

The inventory in your retail space is the lifeblood of your Bethlehem, PA business. Saucon Insurance Agency offers these tips to help you reduce theft and preserve profits.

  • Keep your eye out for common stash spots. Thieves often hide merchandise in strollers, purses, umbrellas, or underneath loose clothing. Visually inspect large bags and items as customers walk in. If it looks twice as big on the way out, you still have time to retrieve your goods.
  • Look out for price switching. Some savvy thieves will pay for the item. However, they will switch the price tag with one from another, cheaper item before approaching the register. Make sure to look at the tag before ringing each item through. Include information on each price tag that identifies the item it matches.
  • Control fitting rooms. In clothing stores, criminals sneak into fitting rooms to stash stolen goods into bags or clothing. Don’t allow your customers to go into fitting rooms without first inspecting the items they intend to try on. Limit customers to a certain number of garments at a time.
  • Include security in your customer service. Make it a point to greet each person as they walk in the door. If possible, have someone near the door who makes eye contact with each individual. Floorwalkers should frequently ask browsing customers if they need help.

Ensure your checkout space is close to the exit. This simple strategy makes it harder for thieves to walk by without being spotted. If the register is ever unattended, place it behind a barrier to decrease the chances of someone tapping your till.

The right combination of commercial insurance policies are another important part o your business protection plan. Saucon Insurance Agency offers customized commercial policies in the Bethlehem, PA area. Contact our offices for more information on protecting your retail inventory.

Home Insurance Upgrade When Renovating a Home

When planning a renovation for a home, you need to consider many things that include the cost of the construction, who you will hire to do the work, getting a building permit, and the disruption of your life that is going to occur while the work is being done. One important thing that can easily be neglected is upgrading home insurance to take into consideration the improved value of the home.

Replacement Cost Coverage

If you do not already have replacement cost coverage for your home insurance, you should consider it. This is the best way to protect yourself and your family because if your place is destroyed you will have enough to rebuild a new place that is similar to the old one. Many homeowners are under-insured and that is a terrible mistake.

When doing a renovation project, you will quickly see how expensive it is to build something The costs just seem to keep coming and it is the little things that add up. As part of your planning process, consult with your agent at Saucon Insurance Agency, serving Bethlehem, PA and the surrounding area.

Staging of Insurance Upgrades and Avoiding Insurance Gaps

If the renovation project is a big one that will take a considerable amount of time, the home insurance upgrades may need to be increased in stages to stay even with the renovation as the project progresses. As your agent to review the insurance that is carried by the contractor to make sure that any insurance gaps are dealt with, such as what happens if the building materials are left on the job site, and they disappear. You need to know whose insurance pays for that kind of loss while the project is underway.


It is exciting and stressful to do a home renovation. Adjusting your home insurance needs by contacting your agent at Saucon Insurance Agency in Bethlehem, PA before you start the project will take care of one important thing and give you better protection.

Maintenance Services That Your Car Needs For Maximum Performance

When we invest in our cars and vehicles, we are looking to maximize their longevity and performance. Having a fully functioning care will also protect your safety. Here at Saucon Insurance Agency, we want to provide our customers in Bethlehem, PA with the best maintenance tips for your car. 

Keep up your oil changes.

It is essential that you have your oil changed every 3,000-5,000 miles in your car. This keeps your engine from overheating and keeping debris from causing extensive damage. 

Get that Tune-Up

Periodically, your car will reach anywhere from 60k to90k miles and need to have a little care. 

  • Spark plugs 
  • Engine coils
  • Carbon deposit removal
  • Air and Engine filter changes

During this service, a certified technician will inspect and replace the above parts around your engine. After a tune-up, you may notice that your car starts much faster and drives much better. 

How are your tires?

While it can be easy to forget about those tires, have them inspected to see if they need to be changed or balanced.

  • Tire pressure check
  • Tire balancing and alignment
  • Tire tread check

During this service, they will give them a rotation to even the wear on the tires and balance them so that your car drives smoothly when in operation. 

Top off your fluids

Your vehicle requires several types of fluids to maintain the operation of your brakes, power steering and transmission.  When your vehicle has the fluids it needs, it will keep these operations lubricated and continuing to function even as the miles continue to add up. 

The best maintenance is auto insurance. 

If you need to upgrade or change your policy, our agents at Saucon Insurance Agency are ready to hear from you. We proudly serve the Bethlehem, PA residents and those nearby. Call us today for more information. 

Protecting Your Net Worth With Personal Umbrella Insurance

Part of protecting yourself, your family, and those who are dear to you, is protecting your personal net worth. Work with your agent at Saucon Insurance Agency serving Bethlehem, PA and the surrounding area on financial planning that includes personal umbrella insurance.

What is your net worth?

If you add up all the things you owe and deduct this total amount of debt from the value of all the things you owe, this is your net worth. Be sure to consider the current value of assets not what you paid for them, especially if the asset appreciated in value.

Here is how to figure out your net worth:

  1. Add up the following, the remaining balance on your mortgage loan(s), all your outstanding credit card debts, the balance remaining on auto loans and any other loans that you have. These are your total liabilities.
  2. Add up the net value of every asset that you have, such as the amount of the appraised value of your real estate that exceeds the balance on the mortgage loan. If a home is worth $1 million and you still owe $600,000 on the home loan; the net value of this asset is $400,000. Do this same calculation for every asset and then add all the net values together. These are your total assets.
  3. Subtract your total liabilities from your total assets. This is your net worth.

Usually, your net worth is the figure used to set the minimum amount of personal umbrella insurance, which you should carry to be adequately insured. Umbrella insurance extends the policy limits of other policies and may provide extra coverage for some things that are not covered otherwise. The strategy is to have personal umbrella insurance that provides sufficient protection for your net worth in the face of a big claim against you.

Umbrella Insurance for Negative Net Worth

What if you owe more than all your assets are worth? This is a negative net worth. It is still a wise strategy to carry umbrella insurance because even when you have no positive net worth, you can be sued and a judgment may be entered against you that can become a lien on anything you try to do in the future.


Protecting your net worth with personal umbrella insurance is a valuable strategy. As a general rule, you want to carry at least the amount of your net worth as personal umbrella insurance. If you might be sued for a larger amount, you may want to have even more coverage. Consult with your agent at Saucon Insurance Agency in Bethlehem, PA to discuss these issues and to get a quote for umbrella insurance.

Pennsylvania Motorcycle Laws: What You Need to Know

Whether you’ve just got your first bike or you’re a veteran on the Bethlehem, PA area roads, it’s important to know the laws that govern motorcycle use in the state of Pennsylvania. This short review of state laws from Saucon Insurance Agency will help you stay safe and legal while you enjoy your motorcycle.

  • All motorcycle drivers are required to have a Class M license. This allows them to legally operate motorcycles on Pennsylvania roadways. The first step to obtaining this license is passing the written knowledge test. This tests your understanding of roadway laws as it relates to motorcycle operations.
  • Upon successful completion of the written test, drivers can apply for a motorcycle learner’s permit. With this permit, you are allowed to operate your motorcycle in order to practice for the skills test. However, this credential restricts passengers to only properly licensed instructors. These documents are valid for one year. During that time, the licensee is expected to accumulate practical experience and knowledge.
  • Drivers over the age of 18 don’t have to wait to take the final skills test. However, those under the age of 18 are required to hold their permits for at least 6 months. During that time, they must accumulate at 65 hours of verified and supervised riding experience. The completion of a mandatory Pennsylvania Motorcycle Safety Program Basic Rider Course counts for 15 of those 65 hours.
  • If your vehicle has more than two wheels, you may have to search around to find an office to accommodate your testing.

Like all licensed Pennsylvania drivers, motorcycle enthusiasts are required to maintain insurance on their vehicles. Talk to the experts at Saucon Insurance Agency to find the right motorcycle insurance coverage for your Bethlehem, PA lifestyle.

Do I Need Watercraft Insurance or Toy Insurance?

Having toys to play with isn’t just for kids! Adults like to play and have fun too, only our "toys" are often bigger and more expensive. Just look at all the jet skis, boats and other watercraft on the lakes and waterways here in the Bethlehem, PA area!

If you own such a toy, it’s only natural to wonder what kind of insurance you’ll need to protect your investment. At Saucon Insurance Agency we’re here to help, but it’s important to know what kind of options you’re looking at. There’s Watercraft (boat) insurance, and there’s toy insurance, both of which serve different purposes. So, which kind of coverage is best for you?

Defining a ‘Toy’

Watercraft/boat insurance can be used to cover a wide range of boats and water vehicles. However, if you have a smaller watercraft that is strictly for recreational use, then it can be considered a "toy" as far as insurance goes. Such water-based toys include (but may not be limited to) the following:

  • Jet Skis (a brand that is also a generic term referring to water scooters and other personal watercraft or PWCs)
  • Small boats (usually up to 26 feet)
  • Small-scale Sailboats
  • Any small watercraft with a motor

How Toy Insurance Works

Boat insurance is more comprehensive and often geared toward watercraft that have more regular use (sometimes commercial/transportation use as well). However, toy insurance focuses on watercraft that is primarily for recreation purposes. As such, this type of insurance provides coverage for liability risks that may come with recreational use, as well as theft or other damaging situations.

Give us a call or stop by our offices in the Bethlehem, PA area to learn more about getting an insurance policy for your watercraft/recreational ‘toy’. At Saucon Insurance Agency, we look forward to getting you the coverage you need so you can get out there and start playing!

3 Reasons to Consider Flood Insurance

Flooding is a real threat in today’s ever-changing environment. Living in a low-risk flood zone doesn’t guarantee your home will never suffer from flood damage. As home insurance doesn’t cover flooding, it only makes sense to consider obtaining flood insurance coverage. Flood insurance from Saucon Insurance Agency in Bethlehem, PA could save you from catastrophic loss in the event of a major flood disaster. Here’s why flood insurance is so important to Bethlehem, PA homeowners.

Standard Home Insurance Doesn’t Cover Flooding

Standard home insurance policies don’t cover flood damage. If a flood were to damage your home or destroy your personal goods, you would have to cover repair or replacement costs on your own, putting you at risk of financial loss.   

Flooding Costs Can Be Devastating

Flooding can leave you with tens of thousands of dollars’ worth of damage to your home, not to mention the loss of belongings. Without flood insurance, you run the risk of paying these funds out-of-pocket or taking a loan to cover repair costs. Flood insurance puts much-needed funds at your disposal to repair your home or replace the loss of personal property. This enables you to recover from this disaster quicker and move on with your life.

If You Live Outside a High-Risk Flood Area, Flood Insurance is Affordable

Adding flood insurance to a standard home insurance package is doable for most Pennsylvania homeowners, particularly if you live outside a flood zone area. Rates vary according to home value and location. Your Saucon Insurance agent can help you select a flood insurance policy conducive to your individual needs.

Why worry about the risk of flooding when flood coverage is well within your reach? Talk to an agent from Saucon Insurance Agency in Bethlehem, PA today about flood insurance coverage.

How to Get Ready for Winter with Your Boat

Preparing your boat for the coming winter months can make a big difference in your bottom line – and how fast you get back in the water next year. There’s a lot that goes into winterizing your boat. Engine coolant, fuel lines, oil, and maintenance repairs are very important to address. If you’re not comfortable doing all the mechanical checks, your licensed marine tech at your Bethlehem, PA boat dealer can help. There are, however, some simple things you can do that are just as important for your boat. Here’s how you can get ready for winter.

Be Clean and Green

Once you haul your boat, clean off all algae, barnacles, and marine debris with a phosphate-free cleaner safe for marine environments. If you need to power wash your boat, have a large pad or tarp under it to catch paint chips or rust flakes. You can use it to catch oil drips too if you’re changing the oil yourself. Put the old oil in an enclosed container for your marine recycling center to dispose of properly. Treat the gasoline with fuel stabilizer and run the engine to work it through. Don’t forget to empty your sewage and plumbing compartments to prevent freeze damage. Propylene glycol is an ideal nontoxic antifreeze to fill the pipes.

Protect and Plan Ahead

Some boat owners shrink wrap their boats, while others store them in enclosed sheds. However you store it, always put the cover on. Make sure that air can get in to reduce mildew buildup. Remove the wheels to prevent rot and boat theft. Finally, it doesn’t hurt to review your boat insurance policy with an agency like Saucon Insurance Agency and update it as needed. That’s one less thing to worry about over the winter!

Winterizing your boat takes time and elbow grease, but is well worth it. And for all your Bethlehem, PA boat policy needs, you can count on Saucon Insurance Agency to help navigate the waters of insurance.

RV Insurance: How is That DIfferent From Auto insurance?

Recreational vehicles are large vehicles that are driven for traveling or camping. Most Bethlehem, PA RVs and campers offer living space and basic amenities such as seating areas, sleeping areas, a kitchen, bathroom, and sometimes a shower. While they are usually used for traveling, some people live in or tour full-time in them. Since your RV is a motor vehicle similar to an automobile, you may be wondering what the difference is between insurance coverage for an RV and an auto insurance policy. Here’s the basic difference between your Saucon Insurance Agency RV insurance policy and your automobile policy. 

What’s the Difference Between Automobile Insurance and RV Insurance? 

Because your automobile and your recreational vehicle are both motor-driven vehicles, most insurance companies have no problem with issuing either a policy. Problems will occur, though, if you try to push your RV coverage into your auto policy – it can create gaps in your insurance coverage.

Having a specialized policy for your RV will help you fill in any coverage gaps in your protection, such as total loss replacement vs agreed value, emergency expenses you may incur while camping in Bethlehem, PA, full-timer liability, tow-truck coverage, and campsite liability. For example, if your RV is in a collision while driving, your RV insurance may cover the cost of housing and meals while getting repairs on the road, and travel costs to get back home, which your auto policy won’t cover.  Another difference between your RV policy and your automobile policy is that RV insurance coverage can be suspended if you place your RV is in storage, as there is likely to be an issue with having a collision – a cost-saving measure that makes financial sense for some RV owners. 

For more information about how RV insurance keeps your investment safe from financial risks in the event of loss due to an accident or theft, give the Saucon Insurance Agency a call today!