When it comes to your financial security, one must never take chances. That’s where insurance comes in, providing an added layer of protection against life’s uncertainties. With so many insurance providers out there, it can be challenging to choose the right one that meets your needs. BHS Insurance is one such provider that offers a comprehensive selection of insurance policies to cater to all your requirements. This guide will provide a detailed overview of the company’s operations, policies, and other essential information that can help you make an informed decision.
Overview of BHS Insurance
BHS Insurance is an insurance provider that offers a wide range of policies to cater to different insurance needs. The company was established in 1947 and has been serving customers for over six decades. Over the years, the company has built a reputation for its excellent customer service, innovative products, and competitive pricing.
The company specializes in providing insurance policies for home, health, auto, commercial, and life insurance. BHS Insurance is licensed to operate in all 50 US states, making it a reliable option for customers across the country.
History of BHS Insurance
BHS Insurance was founded in 1947 as Batesville Insurance Agency by Fred Engelberger and Kenneth H. Wright. In 1975, the company merged with Hillenbrand Industries and became BHS Insurance. The company continued to grow and expand its operations, adding new products and services to its portfolio. Today, BHS Insurance is a subsidiary of Hillenbrand, Inc., a global diversified industrial company.
Company Mission and Values
BHS Insurance prides itself on its commitment to customer satisfaction and integrity. The company’s mission is to provide affordable insurance solutions while maintaining the highest standards of service and professionalism. BHS Insurance values honesty, teamwork, accountability, and innovation, which reflects in its operations and policies.
Awards and Recognition
BHS Insurance has been recognized for its exceptional service and products over the years. In 2020, the company received the Best Places to Work in Indiana award. BHS Insurance has also been recognized as an Elite Agency by the Independent Insurance Agents & Brokers of America (IIABA) for its high standards of excellence in insurance.
Insurance Products Offered by BHS Insurance
BHS Insurance offers a wide range of insurance products to protect you and your family from financial loss due to unforeseen events. Here is a quick overview of the various policies offered by the company:
Home Insurance
Your home is one of your most significant investments, and BHS Insurance understands that. It offers homeowners insurance policies that provide coverage for your property and personal belongings in case of theft, fire, or other covered perils. The company also offers liability coverage that protects you if someone gets hurt on your property.
Types of Home Insurance Policies
BHS Insurance offers the following types of home insurance policies:
Policies |
Description |
Dwelling coverage |
Provides coverage for damages to your home’s structure and attached structures like a garage. |
Personal property coverage |
Covers your personal belongings like furniture, electronics, and clothing in case of theft or damage. |
Liability coverage |
Protects you if someone sues you for damages or injuries that occurred on your property. |
Additional living expenses coverage |
Covers the cost of temporary accommodation and living expenses if your home is uninhabitable due to a covered peril. |
Medical payments coverage |
Covers medical expenses for people who get injured on your property, regardless of who is at fault. |
Auto Insurance
BHS Insurance offers auto insurance policies that provide coverage for your vehicle in case of damage or theft. The company also offers liability coverage that protects you if you cause an accident that results in bodily injury or property damage to others.
Types of Auto Insurance Policies
BHS Insurance offers the following types of auto insurance policies:
Policies |
Description |
Bodily injury liability coverage |
Covers medical expenses and lost wages for people injured in an accident that you caused. |
Property damage liability coverage |
Covers the cost of property damage resulting from an accident that you caused. |
Collision coverage |
Covers damages to your vehicle in an accident, regardless of who is at fault. |
Comprehensive coverage |
Covers damages to your vehicle from non-collision incidents like theft, vandalism, or weather-related events. |
Uninsured/underinsured motorist coverage |
Covers damages caused by an uninsured or underinsured driver. |
Health Insurance
BHS Insurance offers health insurance policies that provide coverage for medical expenses, including hospitalization, prescription drugs, and doctor visits. The company understands the importance of having adequate health insurance coverage to protect you and your family’s financial wellbeing in case of a medical emergency.
Types of Health Insurance Policies
BHS Insurance offers the following types of health insurance policies:
Policies |
Description |
Individual health insurance |
Covers medical expenses for an individual or family in case of a medical emergency. |
Group health insurance |
Covers medical expenses for employees of a company or organization. |
Short-term health insurance |
Covers medical expenses for a limited period, usually less than a year. |
Dental insurance |
Covers dental care expenses like check-ups, fillings, and orthodontic treatments. |
Vision insurance |
Covers vision care expenses like eye exams, glasses, and contact lenses. |
Commercial Insurance
BHS Insurance offers commercial insurance policies that provide coverage for businesses of all sizes. The policies offer protection against property damage, liability, and workers’ compensation claims. Whether you run a small business or a large corporation, BHS Insurance has the right coverage to meet your needs.
Types of Commercial Insurance Policies
BHS Insurance offers the following types of commercial insurance policies:
Policies |
Description |
General liability insurance |
Covers damages resulting from bodily injury, property damage, or advertising injury caused by your business. |
Property insurance |
Covers damages to your business property or equipment from a covered peril like fire, theft, or weather-related incidents. |
Commercial auto insurance |
Covers damages to vehicles used for business purposes, including liability coverage for damages to other people’s property or bodily injury caused by the vehicle. |
Workers’ compensation insurance |
Covers medical expenses and lost wages for employees who are injured while on the job. |
Professional liability insurance |
Covers damages resulting from professional mistakes or negligence, protecting you from lawsuits and claims. |
Life Insurance
BHS Insurance offers life insurance policies that provide financial support to your loved ones in case of your untimely demise. The policies offer coverage for a specified period or for a lifetime, depending on your needs. Life insurance is crucial to ensuring your family’s financial security in case of unexpected circumstances.
Types of Life Insurance Policies
BHS Insurance offers the following types of life insurance policies:
Policies |
Description |
Term life insurance |
Provides coverage for a specific period, usually 10 to 30 years, offering affordable premiums and flexible coverage. |
Whole life insurance |
Provides coverage for a lifetime, with fixed premiums and a cash value component that grows over time. |
Universal life insurance |
Provides flexible coverage and premium payments, allowing you to adjust your policy to meet your changing needs over time. |
Variable life insurance |
Provides coverage for a lifetime and allows you to invest in separate accounts that offer growth potential. |
FAQ
1. How can I get a quote from BHS Insurance?
You can get a quote by visiting the company’s website and filling out the online quote form. Alternatively, you can contact a BHS Insurance agent who can help you get a customized quote for your insurance needs.
2. What is the company’s claims process?
If you need to file a claim, you can do so by contacting a BHS Insurance agent or by visiting the company’s website. The claims process involves filling out the necessary forms and providing documentation of the incident. Once the claim is approved, BHS Insurance will provide you with the necessary compensation as per your policy terms.
3. How long has BHS Insurance been in business?
BHS Insurance was founded in 1947 and has been serving customers for over six decades. The company has built a reputation for its excellent customer service, innovative products, and competitive pricing.
4. Is BHS Insurance licensed to operate in all 50 US states?
Yes, BHS Insurance is licensed to operate in all 50 US states, making it a reliable option for customers across the country.
5. What is the company’s customer service like?
BHS Insurance prides itself on its commitment to customer satisfaction and integrity. The company’s mission is to provide affordable insurance solutions while maintaining the highest standards of service and professionalism. Customers can expect prompt and reliable service from BHS Insurance agents.
Conclusion
BHS Insurance is an excellent option for customers looking for comprehensive insurance coverage at affordable rates. With its wide range of policies and commitment to customer satisfaction, the company has built a reputation as a reliable insurance provider. Whether you need home, health, auto, commercial, or life insurance, BHS Insurance has the right coverage to meet your needs. We hope this guide has provided you with useful information about the company and its insurance policies.