Keeping your home safe when you’re away on vacation

Posted on May 28, 2021May 30, 2021 by admin

You have been planning your trip for months, finally, you are leaving on vacation. Coming back to a home that has been broken into can turn a great vacation into a traumatic experience. Taking some precautions before you leave can lower the risk that you will have your home violated by an intruder. At Franklin Insurance Agency in Rio Rancho, NM, we are an independent agency that puts our customer’s needs first.

Don’t announce your plans on social media

These days, people tend to expose their entire life on social media. If you let everyone know what your plans are, you are sending out an invitation to people you may not even know. Just because you only allow your friends to see your posts doesn’t mean they don’t share with someone who will take advantage of the information. Wait until you get back to share your photos.

Stop your mail

Nothing says we’re not home life an overflowing mailbox. It is as simple as filling out a form on the USPS website. Always stop your mail at least a day early, so you know for sure your mailman has read the notice to stop your delivery

Talk to your nosey neighbor

People are still the best line of defense. If you have a neighbor you know, especially one who walks around the neighborhood frequently, ask them to keep an eye on your home for anything out of the ordinary,

Let the local police know

In many small to medium towns, the local police have a community program that will send an extra patrol through the neighborhood if you let them know you will be out of town.

Secure your home

Have lights that turn on randomly, lock all your doors and windows and set your alarm. These are all common-sense steps to help keep your home safe while you are away on vacation. Having someone park in your driveway is also a good idea.

Contact Franklin Insurance Agency in Rio Rancho, NM for all your home insurance needs.

RV Insurance You Cant Do Without

Posted on April 30, 2021May 4, 2021 by admin

RV’s ownership gives you the freedom to explore the fantastic sceneries of New Mexico. Even better, when you carry RV insurance from Franklin Insurance Agency located in Rio Rancho, NM, you can enjoy your travels knowing that you and your investment are secure.

If you are new to RV insurance, it can be challenging to obtain the right coverage. However, with the below advice, you can be sure that you and your RV are well protected whether your RV is on the road or parked on the driveway or garage.

Must-have RV insurance

While it’s mandatory to carry RV insurance, carrying this insurance is a lot cooler than complying with the law. RV insurance protects your investment, pays for medical expenses, covers you against liabilities, and gives you protection, just like homeowners’ insurance. However, you must add the below coverages to your policy for you to get the best out of your RV insurance.

Liability coverage: Whether it’s bodily damage or property damage to third parties, RV insurance ensures that you don’t pay for damages caused from your pocket.
Comprehensive and collision coverage: Whether parked or on the road, this is a must-have coverage. The collision insurance pays for the replacement or damages sustained by your RV in an accident. The comprehensive coverage protects your RV from a wide array of perils like theft, vandalism, fire, falling objects, storms, and other risks stated in your policy document.
Medical payments: Given how expensive healthcare can be, accident-related injuries can cripple you financially, especially if you don’t have health insurance. Fortunately, the medical payment coverage can rescue the day by covering accident-related injuries whether you are at fault or not.
Uninsured/underinsured motorist coverage: Did you know that approximately 1 in 8 motorists doesn’t carry auto insurance in America? For this reason, you should carry this coverage to pay for damages for hit-and-run situations or when you are involved in an accident with a motorist carrying no or insufficient insurance.

Are you an RV owner without RV insurance? Don’t compromise your safety and that of your RV. Instead, contact or visit Franklin Insurance Agency offices in Rio Rancho, NM, to purchase customized RV insurance unique to your needs.

Why New Mexico Restaurant Owners Should Consider Commercial Umbrella Insurance

Posted on March 15, 2021March 3, 2021 by admin

Franklin Insurance Agency offers coverage to the Rio Rancho, NM community. We strive to make sure that our clients find policies to protect their assets and manage risks. For over 15 years, we have built our service around integrity and trust.

Why Commercial Umbrella Insurance Can Help You Protect Your Restaurant

Umbrella insurance acts as a safety net if you are involved in a serious liability dispute. Umbrella insurance can help you protect your assets. This is especially important if you are a Rio Rancho, NM restaurant owner. Umbrella insurance can help you protect your investment. You face multiple risks every day as you operate your restaurant. Here is a look at some of the different ways that umbrella insurance is an asset.

As a restaurant owner, the most common danger that you face is an accidental injury. Perhaps one of your customer’s trips and falls, or they believe that one of your products made them sick. They plan to seek litigation against your business for pain and suffering. Your traditional liability coverage may not be enough to protect you. That means your assets may be at risk. Umbrella insurance is an asset because it allows you to have full coverage while you deal with the allegations.

If you serve alcohol at your restaurant, you’ll also need umbrella insurance. You could be held liable if you serve alcohol to one of your patrons and later on they end up damaging someone’s property. This is one of the most serious liability disputes you can go through as a restaurant owner. Umbrella insurance can help you avoid disaster.

Franklin Insurance Agency Will Help You Protect Your Investment

Visit our website today to learn more information about umbrella insurance.

Why should I get a motorcycle insurance plan in New Mexico?

Posted on February 8, 2021February 3, 2021 by admin

In the Rio Rancho, NM area, people are able to enjoy the hot sun and open roads when going for a drive. This can make it a fun place for you to own a motorcycle. If you do own a motorcycle here, you will have an efficient mode of transportation that can be used much of the year. However, you will need to get a motorcycle insurance plan in place if you do get one. There are several reasons why you should get a motorcycle insurance plan here.

Insurance Protects Against Liability

An important reason that anyone in this area of New Mexico should get motorcycle insurance is that it can protect against liability risk. If you are going to operate a motorcycle, you could make a mistake that leads to an accident that results in damages. If this happens to you, it will be beneficial to have motorcycle coverage as it will have protection against liability risk.

Protection for Asset

You will also want to get motorcycle insurance as it can protect your asset. If you invest in a motorcycle and want to use it for a long time, you should get a collision and comprehensive policy. This form of coverage will provide protection in the event your motorcycle is stolen or damaged. This coverage will also be required if you took out a loan to buy the motorcycle.

When you are shopping for motorcycle insurance coverage in the Rio Rancho, NM area, it would be a good idea for you to call Franklin Insurance Agency. The insurance team with Franklin Insurance Agency understands the value of motorcycle coverage. They can help you assess your individual needs and explain all of your options. This can help to ensure you are able to build a quality motorcycle insurance plan.

Required Auto Insurance in New Mexico

Posted on January 28, 2021February 3, 2021 by admin

Driving in New Mexico means seeing breathtaking vistas and an amazing landscape, but it also requires a specific amount of auto insurance. Without these minimum coverages, you can face stiff penalties from the state. If you need auto insurance, or you want to raise the amount you have, call us at Franklin Insurance Agency in Rio Rancho, NM.

Bodily Injury Auto Coverage

To drive in New Mexico, you must have some mandatory minimums of auto insurance. This includes a specific minimum amount for the injury or death of a person and another for the injury or death of two or more people. This bodily injury coverage pays the medical bills of those injured or killed in an accident that is your fault. You must carry proof of this insurance coverage in your vehicle.

Property Damage

It is also required that you have a specific amount of coverage to cover all of the property damage you do in an accident in which you are at fault. This type of coverage is often used to pay for the damage to another person’s vehicle, but it can also cover the damage done to houses, landscaping, commercial property, and anything else that was damaged by your vehicle. You must also carry proof of this insurance and show it upon request.

Call to Make an Appointment

If you aren’t sure if you have enough coverage, or you want a new auto policy, call us at Franklin Insurance Agency in Rio Rancho, NM. Make an appointment to talk about your auto insurance needs with an insurance agent. You may want to boost the amount of auto coverage you have to better fit today’s medical and property expenses. If you don’t have enough insurance to pay for either bodily injury or property damage, you could be forced to pay for them out of pocket.

Commercial Insurance Options for Home Businesses

Posted on December 14, 2020December 3, 2020 by admin

A home business can be a profitable and rewarding experience. Like any business, your home enterprise needs to be protected against unforeseen events that can lead to financial loss. At Franklin Insurance Agency, we offer a number of commercial insurance options for home businesses in the Rio Rancho, NM area. The right insurance protection will give your home business a chance to grow.

Why Your Home Business Needs Commercial Coverage

If you’re counting on home insurance to protect your business property, you may be sorely disappointed. Home insurance is designed to protect your dwelling and personal belongings, not business equipment or products. That’s why you need commercial coverage.

Commercial Insurance Options for Home Businesses

Depending on the scope and type of home business you run, you can choose from the following coverage options:

Property Coverage – to protect your business furniture, equipment (computers, scanners, printers, phones, etc.), and products (if you store inventory on your home property)

General Liability Coverage – to protect you against accidents customers or business associates may have when visiting your home for business purposes. Liability also protects you against lawsuits if you’re sued for damages.

Business Interruption Coverage – to cover lost revenue and other business expenses if you have to shut your enterprise down temporarily due to disaster damage to your home

Workers Comp Coverage – If your home business employs three or more part or full-time workers, New Mexico requires that you have this coverage to protect your employees against accidents on the job.

Commercial Auto Coverage – If your home business uses a vehicle (or vehicles) for business purposes, this coverage will protect you and your workers against auto accidents on the job.

To purchase commercial insurance for your Rio Rancho, NM home business, contact Franklin Insurance Agency at your earliest convenience.

3 Tips for Buying Boat Insurance in Rio Rancho NM

Posted on November 16, 2020November 10, 2020 by admin

Owning a boat is a dream come true for many people in Rio Rancho, NM. Isn’t that reason enough to protect one of your most prized possessions? If you don’t already have boat insurance, it’s a good time to consider purchasing a new policy. If you already have one, good for you. But have you considered switching to a new carrier to save money? All these tips and more can be explained by contacting Franklin Insurance Agency. But first, we’ve put outlined three tips below to help you know what to expect during the boat insurance buying process.

1. Start with a Reputable Agent

Working with a reputable insurance agent is the key to your success. Our friendly and knowledgeable insurance agents are standing by to take your call, answer your questions, and point you toward several policies to consider. You’ll save both time and money when you put our agents to use.

2. Be Sure to Bundle

Bundling insurance policies under one carrier is a sure way to save money. Your deductible will remain the same, but you’ll save on your premiums. Consider switching to a new carrier for maximum savings and don’t forget to ask your reputable insurance agent about other ways you can save money on boat insurance.

3. Compare Quotes

We recommend comparing several boat insurance quotes before making a decision. Each quote will have differences in what is covered, how much, and for what price. A reputable insurance agent can help you with this by quickly and easily point out all the differences for you to consider.

To purchase a new boat insurance policy, contact our team at Franklin Insurance Agency today, serving the Rio Rancho, NM area. We can be reached.

Three things to do before you select an auto insurance policy in New Mexico

Posted on October 23, 2020October 23, 2020 by admin

Buying the right auto insurance policy is important for motorists in New Mexico. At Franklin Insurance Agency, we can help you to pick out an appropriate auto insurance solution for your needs in Rio Rancho, NM.

The following are three things to do before you select an auto insurance policy in New Mexico.

Figure out your budget

You’re going to have to regularly make premium payments on your auto insurance policy over time.

Because your premiums are a recurring expense, you need to budget for them carefully. Figure out how much you can afford to put toward your auto insurance payments every month.

Get all the pertinent information together

You will need to provide certain information to insurance providers to start a policy. You will need to provide information like your driver’s license number, the VIN number of your vehicle, and the title number of your vehicle.

It’s therefore important to gather documents like your driver’s license and your vehicle title before you purchase a policy.

Acquire quotes from several providers

It’s important to compare quotes between different auto insurance providers. This allows you to determine the best deal on your policy.

Do your research and pick out three or four auto insurance providers of interest. Then, you can get quotes from all of them.

Don’t just look at the price when you’re comparing quotes. You should also consider the value you’ll be getting out of the particular policy. You’re going to want to be able to depend on your policy when you need to file a claim. Therefore, a reliable auto insurance provider is important.

Contact us for assistance with selecting an auto insurance policy in Rio Rancho, NM. At Franklin Insurance Agency, we’re here to help answer all of your auto insurance questions.

Does home insurances cover lawsuits

Posted on September 30, 2020October 1, 2020 by admin

Our society is too litigious to live without a form of lawsuit coverage. Luckily, our insurance companies in Rio Rancho, NM are fully aware of this, and that’s why most coverages, including home insurance, come with liability coverage. You can never really tell how messy a lawsuit can get. That is why Franklin Insurance Agency recommends buying adequate coverage to protect yourself financially if you find yourself involved in a lawsuit.

Are lawsuits covered in home insurance?

Yes. Your home is where you spend most of your time. It is where you invite and entertain guests, and that’s why it is easy to find yourself getting slapped with an expensive lawsuit. A simple slip and fall can result in unexpected lawsuits. Most lawsuits seek monetary compensation for injuries or damages the plaintiff claims the defendant should be liable for.

How does home insurance protect you against lawsuits?

When someone sues you for damage on their property or injuries in Rio Rancho, NM, home insurance comes in and pays for the legal fees required in court, such as hiring a lawyer. Depending on your coverage limits, your coverage can also compensate for the lost income when attending the court sessions.

Home insurance also pays monetary compensation for medical bills for the injured party and the repairs and replacements to be done. Since home insurance is a family policy, everyone is covered. If any of your family members is involved in a home lawsuit, home insurance can pay for the legal fees required.

What is exempted

Homeowner’s insurance will likely not cover any injuries resulting from an intentional act on your part. So if you assault someone on your property knowingly, especially someone who was there with your consent or permission, and they file a complaint, your insurance agency coverage won’t protect you.

For further clarification on lawsuits, visit or contact us at Franklin Insurance Agency, and we will answer all your questions.

Three common questions regarding RV insurance

Posted on August 31, 2020September 3, 2020 by admin

Having an RV insurance policy is essential for residents in Rio Rancho, NM who own an RV. We provide RV insurance policies at Franklin Insurance Agency, and we can help you cover your liabilities and protect your assets with the policies we offer.

The following are three common questions you should be asking about RV insurance if you’re currently looking for the right policy.

What will an RV insurance policy provide coverage for?

What your RV insurance policy covers depends on what types of coverage you invest in. If you invest in only liability insurance, your RV insurance policy will cover the costs of any damages you are determined to be at fault for.

If you invest in collision and comprehensive coverage, your policy will cover the costs of damages to your own RV. You could also opt to invest in contents coverage. In this case, your policy will cover the costs of damage to the possessions that you have within your RV.

Is it necessary to have coverage during times when I don’t use my RV?

It’s not a good idea to stop carrying coverage for your RV just because you’re not using it for a period of time. If you did this, you won’t enjoy coverage for damage to your RV that occurs while your RV is in storage.

Note that you can enjoy reduced policy premiums for RV coverage if your RV is not being used. Update your policy to indicate minimum usage of your RV and you’ll be surprised at how little continued coverage costs.

What impacts my RV insurance needs?

One of the most important factors impacting RV insurance needs is how much time you spend on the road in your RV. If you live in your RV full time, you need to specify this in your RV insurance policy and invest in more coverage.

Get in touch with us today to learn more about RV insurance in Rio Rancho, NM. At Franklin Insurance Agency, we’re here to help you with your insurance coverage needs!