Reason why you may need more liability coverage

Peace of mind is what homeowners expect from their home insurance. It offers a variety of types of protection that cover the structure, the contents, and also your assets. Liability coverage is something that isn’t static and you may need to reconsider the amount that you have. At Insurance Shopper VA in Virginia Beach, VA, we are an independent insurance agency that has been helping locals with their insurance needs for more than 20 years. 

Liability coverage protects your assets from legal actions that can be taken against you. It also pays when someone is injured while visiting your home or by a member of your family, even a furry one, away from home. Suing has become all too common and your chances of being sued at some point are pretty high. Some things are particularly risky when it comes to being sued and if they are something that might affect you, increasing your liability coverage may be warranted. 

Swimming pool

Swimming pools are great for entertaining and also for enjoying on a hot day. They do, however, increase your liability risk. If someone is injured or drowns in your pool, even if they were not invited by you to use your pool, you could be sued and your assets placed at risk.

Trampoline

Trampolines offer a great way to enjoy exercise for adults and children.  They also offer a lot of temptation to people who may want to use them without your permission. 

Dogs

A dog may be a man’s best friend, but they are also a liability risk. Some dogs are considered so much of a risk that your home insurance may not cover them. Be sure to check with your agent if you add a dog to your family. 

 Contact Insurance Shopper VA in Virginia Beach, VA  with your home insurance.

Why do people in Virginia Beach need renters insurance?

When you are in the Virginia Beach, VA area, you are going to have different housing options. One option that a lot of people continue to consider is renting their home. If you decide to rent a property in this part of Virginia, you will find there are a lot of advantages including less of a commitment. If you do rent, you should get the right insurance. This coverage is needed for a few reasons.

Landlord Requirement

A common reason that you will need to have a renters insurance plan here is that it is a landlord requirement. When renting a home, you are going to sign a lease agreement that will include many provisions. One typical requirement is to require you have renters insurance. The landlord will likely require you to provide evidence of coverage before the start of the lease and not having coverage could invalidate the lease. 

Protection for Tenants

Even if you do not have a renters insurance requirement, having the protection is still a good idea. When you have this coverage, it will offer a lot of support and protection. With this insurance protection, you can have the support needed to cover your personal assets and provide some personal liability coverage. This can be helpful if there is an accident that results in damages or a loss of your personal assets. 

Renting a home can be a great option for those in the Virginia Beach, VA area. As you are looking for a new renters insurance plan for your new home, you should call Insurance Shopper VA. There are many choices that come with picking an insurance plan and Insurance Shopper VA can make it easier for you. The team can answer any questions that you have and ensure you receive proper coverage. 

Is RV Insurance Required in Virginia?

Recreational Vehicles (RVs) are a magnificent way to enjoy traveling in comfort while experiencing breathtaking fun in Virginia Beach, VA, and its environs. However, you need RV insurance to safeguard your camper, travel trailer, and motorhome from perils like theft, collisions, vandalism, and many others. 

 If you are aspiring to buy an RV this summer, it’s imperative to understand what type of insurance you need. But since RVs border between a vehicle and a home, you might be confused about insurance suitable for you. Fortunately, Insurance Shopper VA is here to assist you in choosing proper coverage for your RV. 

Is RV insurance required in Virginia?

RV insurance is not mandatory in Virginia. However, if you are financing the purchase of a motorhome through borrowing, your lender will require you to carry RV insurance before your financing is approved.

RV insurance coverages in Virginia

RV insurance is broad to suit various RV owners’ needs. If you are shopping for RV insurance in Virginia, you are likely to come across the below options:

  • Collision coverage: Reimburses repairs or replacement of your RV if it is damaged in a collision with another vehicle, post, boulder, or guardrail.
  • Comprehensive coverage: It covers losses or damages to your RV that is propagated by non-collision-related threats such as falling objects, fire, theft, hail, and vandalism.
  • Roadside assistance coverage: RVs breakdowns are part of the ownership journey. And to be fair, it can be frustrating. Fortunately, when you have this add-on on your RV insurance, you get services like towing, puncture repair and other roadside support services. 
  • Contents insurance: Your RV is probably packed with personal valuables such as clothing, appliances, and electronics. This coverage compensates you if your RV is burglarized or if covered perils damage the assets inside your RV.

Are you looking for RV insurance in Virginia Beach, VA? Please contact Insurance Shopper VA. Our professionals will help you design the strongest shield possible to aid you in safeguarding the property you are working hard to build.

How much Umbrella Insurance Will I Need?

As a resident of Virginia Beach, VA, you already know that having different types of insurance policies comes in handy. Auto, renters, homeowners, and health insurance are some of the insurance policies you need to meet government regulations and personal needs.

As Insurance Shopper VA notes, these insurance policies might not be enough to cater to certain liabilities. Most of them are very limited, which means that anything that gets beyond the covered limit can be a financial headache.

Using Umbrella Insurance

There are very many insurance holders who have found themselves in tight spots after their limits being reached. Others have resorted to selling their properties to cater to the additional liabilities.

However, with umbrella insurance, you can always cater to the unseen liabilities that might go beyond your covered limits. This means that you will not exhaust your savings or sell your properties to cater to such expenses. 

How Much Umbrella Insurance Do You Need?

Generally, umbrella insurance picks up from where your regular insurance policies have limits. This means that it is supposed to cater to the extra expenses. Usually, such extra liabilities are not too much. Therefore, simple umbrella insurance will help in addressing the excess liabilities.

Most of the companies charge between $150 and $350 a year for a coverage of $1,000,000. However, any umbrella coverage beyond this might go for a premium of $100 per year. The best thing is to consult your insurance company to understand other provisions with regard to financial requirements. 

Working with a Reputed Umbrella Insurance Company

Umbrella insurance is not a straightforward insurance policy. That is why you need to work with umbrella insurance with a good reputation in Virginia Beach, VA. Insurance Shopper VA has consistently proved to be a reliable umbrella insurance company that can help you calculate your umbrella insurance costs.

Should I get a boat insurance plan in Virginia Beach?

Those that live in the Virginia Beach, VA area will enjoy the warm weather that exists for a large portion of the year. If you would like to enjoy this area of the country as much as you can, investing in your own boat is a good option. Along with getting a boat, you also need to get a proper insurance plan for it. There are several reasons why you need to have boat insurance here.

Insurance Covers Your Boat

A good reason that you should get a boat insurance plan when you are in this area of Virginia is so you can protect your boat. Buying a boat always comes with an investment that you will want to protect as well as you can. If you get a boat insurance plan, it will provide the coverage that you need to repair or replace your boat following any type of accident or theft. 

Insurance Offers Liability Coverage

You should also obtain a boat insurance plan to ensure you have liability risk protection. Boat owners and drivers should be aware that they will be responsible for damages that they could cause in an accident. If you have a boat insurance plan, you are going to get the coverage needed to offset this liability risk. 

If you would like to get a boat insurance plan when you are in the Virginia Beach, VA area, it would be a good idea to call the Insurance Shopper VA. If you do reach out to the team at the Insurance Shopper VA you can learn a lot about how this insurance can protect you. They can offer any support or guidance that you will need to build a plan that protects you and your boat. 

Umbrella Insurance: What It Is & What It Covers

Most people in Virginia Beach, VA, have standard insurance policies that only cover liabilities within a specific range. This can be a risky situation if the level of liability in a given lawsuit exceeds your current premium. So, what do you do in such cases? Most people opt for umbrella insurance to deal with this gap in liability coverage. Here’s more on umbrella insurance. 

What’s Umbrella Insurance?

An umbrella insurance policy refers to extra liability insurance coverage that offers an additional range beyond what most options provide. The plan is more useful to individuals and businesses who are the greatest at risk of being sued for damages caused to others in case of an accident. The best thing about umbrella insurance is that it also provides coverage against additional concerns such as libel, vandalism, slander, or privacy breach. 

Benefits of Umbrella Insurance 

 When you think about umbrella insurance benefits, you can’t overlook the fact this coverage option is way broader than most other options. The plan covers threats, dangers, and unforeseen circumstances, which most standard insurance options may not cover. 

Compared to other insurance plans, umbrella insurance has unique flexibility for the insured. You don’t have to be stuck with coverages that may be cast in stone in case of a situation that’s not within your current plan. 

Contrary to what most people assume, you can get umbrella insurance at way cheaper rates. This is true, especially for Virginia Beach, VA residents, who opt to get their umbrella insurance from Insurance Shopper VA. Your umbrella insurance coverage doesn’t have to cost you an arm and a leg. 

Get Expanded Coverage Today 

Most insurance coverage options can be limiting. Unless you get a flexible, inclusive, and broad plan, you might end up stranded in case of situations beyond your coverage. Our umbrella insurance coverage at Insurance Shopper VA offers all Virginia Beach, VA residents an expanded and reliable umbrella insurance plan. 

Call us today for unique insurance products and services.

Common Myths About Flood Insurance

Flood insurance may be hard to understand. There are many misconceptions and false information about this type of insurance. In order to help you choose the right flood insurance policy, Insurance Shopper VA serving Virginia Beach, VA prepared a list of myths that need to be debunked: 

Myth 1: Standard Home Insurance Covers Flood Damage

Home insurance does cover some types of water damage, but damages caused by floods are not among them. Therefore, if you live a flood-prone zone and you want to make sure that your property is fully protected, you need to purchase separate flood insurance. 

Myth 2: Only Homeowners Can Purchase Home Insurance

To qualify for flood insurance, you do not have to own a single-family home. It is available to renters, who can use flood insurance for the protection of their personal belongings. You can also purchase this type of insurance for your commercial property if you want to protect your company and assets. 

Myth 3: It Is Better To Wait Until The Rainy Season To Buy Flood Insurance

It is better to be proactive when it comes to buying home insurance. That is because, in most cases, you will have to way 30 days before your flood insurance policy goes into effect. Therefore, insurance agents recommend purchasing flood insurance when it is dry and not waiting until the last minute. 

We Are Here To Assist You

If you a renter, business owner, or homeowner from Virginia Beach, VA and you are looking for flood insurance to protect your home, personal belongings, or commercial property but you do not know where to start, Insurance Shopper VA is ready to help you. Feel free to contact our insurance company to discuss the options available and find the policy you really need. 

Do condo owners in Virginia Beach need condo insurance?

In the Virginia Beach, VA area, it continues to be a good idea to own a home. If you are looking for a property that offers a lot of onsite amenities, good security, and other benefits, getting a condo could be a great option. Even if you do purchase a condo, you do have to spend time getting the right insurance for it. There are a variety of reasons that people in this area need to have condo insurance.

Insurance is an Association Requirement

When you are going to purchase a condo in Virginia, you will likely have to sign a variety of documents that acknowledge the rules of the association. Most of the time, a condo association will require that you carry a certain level of insurance. Associations want owners to have this coverage as it offers some valuable protection that helps both you and the other property owners. If you do not have this insurance coverage in place, you could be penalized with a fine or other punishment. 

Lenders Will Require Condo Insurance Coverage

You will also be required to carry condo insurance by your lender. Mortgage lenders will always look out for their collateral and want to ensure that you get proper insurance coverage for your home. When you take out a new condo insurance policy, the lender may want to approve and review it first. It is also increasingly common for lenders to require escrow payments monthly.

Anyone that is going to get a condo insurance policy in the Virginia Beach, VA area should call the Insurance Shopper VA. With Insurance Shopper VA, you will get to learn a lot about how condo insurance will be able to protect you going forward. This could help ensure that you pick the right policy for your situation. 

When should I update my condo insurance

Condo insurance usually renews yearly. Your insurance company sends out a new policy with your renewal and a declaration page. When you get the declaration page look it over and see what it is telling you. It lists the replacement value of your condo, the contents value, and the liability limits. All of these are important figures. They need to make sense of what you know about the value of your home and its contents. Insurance Shopper VA in Virginia Beach, VA is a full-service independent agency that has been in business for more than 20 years. 

When you have a life change

Things change over the years, you may get married, have children, get divorced, or buy a dog. All of these require that you make adjustments to your condo insurance. Adding or removing a spouse from your policy and raising the liability coverage are easy changes. 

Major improvements

When you purchased your condo everything may have been builder grade. Not that there is anything wrong with that but if you have made major upgrades like adding a new kitchen or updated bathrooms or flooring, the value of your condo may have changed significantly. Make sure that your insurance agent knows the upgrades you have made and be prepared to give comparative values of similarly updated units in your complex. 

You purchased expensive items

If you have a beautiful engagement ring or an amazing piece of art,  you should review your content coverage. Checking whether you have replacement cost or actual value is worthwhile as well. 

You added a home security system

Let your insurer know if you have added a home security system. You may be eligible for a discount. 

If you are in the market for condo insurance, Insurance Shopper VA  in Virginia Beach, VA has friendly and knowledgeable agents to help you. Give us a call or stop by the office. 

Why is getting dump truck insurance beneficial?

In the Virginia Beach, VA area, there continues to be a demand for dump trucks. These are used to transport refuse from one area of the city to another or could be used for a variety of other purposes. If you own one of these trucks, it is important that you get dump truck insurance as it could benefit you in several different ways. 

General Liability Coverage

One advantage of dump truck insurance is you will receive general liability coverage. When you operate a dump truck, there is always a chance that you could cause an accident that leads to property damage or an injury. When you have dump truck insurance, you will receive some liability insurance to protect against this risk.

Coverage for Dump Truck

You will also want to get this insurance because it will protect your truck. A dump truck is a very major purchase and piece of equipment. Similar to any other vehicle, there is always a chance it could be damaged in an accident or stolen. When you get dump truck insurance, you are going to receive coverage for your truck.

Cargo Insurance

In some situations, a dump truck will carry cargo for another party. When you get a full dump truck insurance policy, you can receive coverage for this cargo. This could protect you and your clients and will be a selling point when trying to win new business.

Picking a dump truck insurance policy in the Virginia Beach, VA area is a big decision. As you are looking for a new policy here, you should call Insurance Shopper VA. When you do call the team at Insurance Shopper VA you can learn more about your insurance options and get into an appropriate policy that meets your needs.