Do You Need Commercial Property Insurance in Virginia Beach, VA?

Protecting your Virginia Beach, VA, commercial property should be a top priority for any business owner. While you may think your regular homeowner’s insurance policy can cover your business in a natural disaster or other damage, this is often not the case. A separate commercial property insurance policy can give you the peace of mind that your business is adequately protected.

What is Commercial Property Insurance?

Commercial property insurance is a type of insurance that helps protect your business if your commercial property is damaged or destroyed. This damage can be from events like fires, storms, and theft. Commercial property insurance can help cover the cost of repairs or replacement of your property and any lost business income that results from the damage.

How Does Commercial Property Insurance Work?

Commercial property insurance typically covers three main types of perils:

  • Physical damage can include events like fire, wind damage, and vandalism.
  • Business personal property can comprise furniture, inventory, and machinery.
  • Loss of business income can occur if your business is forced to close because of the damage.

These are just a few examples of the coverage that may be included in a commercial property insurance policy. It’s important to talk to your Armor Insurance Group insurance agent to ensure you have the right coverage for your business.

What Does Commercial Property Insurance Cover?

Each commercial property insurance policy is different, but most will cover the three main types of perils listed above. Some policies may also cover other types of damage, such as water damage or flooding. It’s essential to read your policy carefully to understand what is not covered.

How Much Coverage Does Your Business Need?

The amount of commercial property insurance coverage you need will depend on the value of your property and the type of business you have. Your insurance agent at the Armor Insurance Group can help you determine how much coverage is right for your business.

How Much RV Insurance Do I Need?

Ownership of recreational vehicles in Virginia is on the rise, mainly as more people can work remotely in a post-pandemic world. If you have recently purchased or are in the market for an RV, you’ll want to be sure that you have adequate insurance coverage. An RV is more challenging to drive than an automobile because of its larger size, but it is also far more expensive to repair. 

RV insurance is similar to your personal auto insurance policy in that it offers many of the same coverage types that are outlined below:

  • Collision Coverage: Pays for damage incurred to your RV after an accident
  • Comprehensive Coverage: Covers your RV if damaged by a storm, vandalism, theft, fire, or anything not related to a collision.
  • Bodily Injury Liability: If you are in an accident that injures other people, this coverage pays for their medical bills and additional fees.
  • Property Damage Liability: Protects you if a third party’s property is damaged in an accident, regardless of who was at fault.

When choosing how much RV insurance to purchase, you’ll want to start by ensuring you have at least Virginia state minimum liability coverage and then base your decision on how expensive your RV was and other factors. 

To learn more about RV insurance, give the Armor Insurance Group in Virginia Beach, VA a call today. We’ll take the time to walk you through your options while also learning about your lifestyle so that we can produce a customized and personalized insurance policy. With our no-obligation consultation available, you have nothing to lose by giving us a call or stopping by our office.

Who needs RV insurance in Virginia?

Investing in an RV is a good option for those in the Virginia Beach, VA area. With an RV, you will have a fun and convenient way to tour the state and enjoy all that Virginia offers. If you purchase an RV, getting proper insurance should be a top priority. There are various situations when someone will need this coverage. 

Those that Want to Protect RV

If you want to purchase an RV, you will likely want to enjoy the asset for a long time. While an RV can be quite durable if it is properly maintained, the costs to repair or replace it can be very significant if you are involved in a bad accident. If you are appropriately insured, you will have the financial resources available to make necessary repairs or even complete a full replacement of your RV. 

Those that Want to Drive an RV Legally

Drivers will also want to have coverage so they can drive legally. When you drive a vehicle on any public road in Virginia, it is vital that you are insured with liability coverage. With this insurance, you will have the support needed to cover damages you may cause in an accident. Due to the value and importance of this coverage, having liability insurance is required by state law.

If you drive an RV when in the Virginia Beach, VA area, you will want to know that it is as well protected as possible. A great way to do this is by getting your insurance through the Armor Insurance Group. The professionals with the Armor Insurance Group can help you identify your insurance needs and then build a plan that will give you the proper protection. 

The Benefits of Armor Insurance Group

Armor Insurance Group is a company, that has a strong focus on ensuring that individuals get the help they need when it comes to various types of insurance.  Some of the types of insurance that are focused on, pertain to medical insurance, home insurance, etc.  However, one of the strongest focuses pertains to car insurance. Serving in Virginia Beach, VA, Armor Insurance seeks to provide individuals with various types of auto insurance, which would cover car costs that they may not be able to be afforded otherwise.  As said on our site, there are two parts to our auto insurance. The first part that our company focuses on, relates to liability aspects. Meanwhile, the second part of our insurance covers the car itself. 

Liability relates to aspects regarding a vehicle owner suffering car damage (such as a crash that one is not responsible for). On the other hand, the second part of our coverage has a strong focus on covering costs in multiple ways.  Some examples include, but are not limited to, the following: coverage for a car fire, a stolen car, stolen parts of a vehicle or slashed tires, etc. Now, while the main focus has been on those that have not had car insurance from Armor Insurance Group, people who have also had insurance with our company, are of equal importance as well. For example, those that have already bought insurance from our company can assess whether they still need specific types of insurance for their car, why they may no longer need it, the reason for these choices, etc. In short, Armor Insurance Group serving in Virginia Beach, VA, has benefits and establishments, for those that do not have insurance, as well as those who have insurance with us as well.

What is not covered by a commercial insurance policy?

A commercial insurance policy protects a business from financial obligations arising from legal issues, business property damage, employee grievances, or loss of income due to business interruption. Commercial insurance is crucial for businesses since it prevents severe financial losses and ensures the business stays afloat in case of lawsuits or damages.

There are various types of commercial insurance provided by Armor Insurance Group in Virginia Beach, VA, such as 

  • General liability
  • Property insurance
  • Workers compensation
  • Commercial auto insurance
  • Business interruption insurance
  • Cyber liability insurance

What is not covered by a commercial insurance policy?

While commercial insurance is crucial for your business, it is essential to understand specific exclusions that may affect your business. This information is vital when choosing an insurance policy in Virginia Beach VA, suitable for your business. Here are a few areas not covered by commercial insurance policies.

Professional liability

Professional liability insurance covers various professionals such as accountants, lawyers, doctors against payouts on claims due to poorly performed work. In the case of malpractice, different professionals face the risk of lawsuits. This is not covered under commercial insurance, and professionals are advised to purchase it separately.

Business interruption insurance

Business interruption insurance covers consequential losses a business will incur due to business interruption. A commercial insurance policy will only cover the cost of damaged goods.

Get a commercial insurance quote today.

If you are still weighing in on whether you need to buy commercial insurance or have questions about whether it will meet your business needs, Armor Insurance Group is here to help. Our agents in Virginia Beach, VA, will analyze your business and customize a policy suitable for you. Do not hesitate to reach out to us through our agents or on our website and get a quote. At Armor Insurance Group, we have got your back.

Virginia Boat Insurance: Protecting Your Boat for Extreme Weather

When you have a boat in Virginia, extreme weather is always going to be on your mind, even when you are enjoying your vessel on a beautiful day. There are ways to protect your boat from extreme weather, that will help you to avoid claims or expensive repairs on your boat. 
At Armor Insurance Group, we want Virginia Beach, VA boat owners to enjoy their boats without stressing about the bad days. Follow these tips to protect your boat from extreme weather, and you’ll worry less about the storms coming.

Tarps to Cover Your Boat

Tarps are an excellent way to cover your boat when extreme weather hits. Look for ones that have grommets were bungee cords can be installed and used to secure your vessel. There are a number of different kinds of tarp that you can get to protect your boat when extreme weather hits.

Vinyl tarps are the most durable kind of tarp, but these can not be machine-washed. You can keep them clean with soap and water though, and avoid using harsh cleaners on them. Fabric covers will work and are more flexible on large boats. You can also wash them weekly, to avoid mildew and mold growth.

Disconnect Electronics and Cords

When you have devices or electronics on your boat, you want to have them all disconnected before a storm comes. This will prevent a power surge that the storm may cause which will destroy the electronics on your boat. 

The cost of replacement and repair of this could be in the thousands of dollars. Consider a more comprehensive insurance plan with your boat insurance if you have electronics on your boat.

Double Dock Lines

When you are docking your boat before a storm, double the lines. Double the lift lines as these will withstand the most stress from securing your boat during extreme weather. It won’t hurt to have a backup of lift lines as well in the event that one fails on you. 

Update Your Boat Insurance Policy

When you have a boat, you will worry about it in any kind of weather. Use these tips as starting points when you are maintaining your boat for extreme weather. At Armor Insurance Group, we want Virginia Beach, VA boat owners to feel secure. Call us for a quote to update your boat insurance policy today, and get covered for every kind of weather. 

Do I Need Umbrella Insurance in Virginia Beach?

If you live and work in Virginia Beach, VA, umbrella insurance is a good idea to look into as you select the insurance plans and coverage for your home, recreational vehicles, health and life insurance, and more. The team at Armor Insurance Group is here to provide you with knowledge and guidance as you navigate purchasing insurance policies, including umbrella insurance. 

What does umbrella insurance provide?

Umbrella insurance supplements existing insurance policies like homeowner’s insurance, auto insurance, boater, renter, and commercial insurance, as well. 

Umbrella insurance exists to provide additional coverage where other insurance plans may fall short. When the limits of your insurance policy have been exceeded, umbrella insurance is there to fill in the gaps and help you from financial hardship. 

Say you’re in a car accident and you have insurance, but the damage exceeds your current plan’s coverage. Umbrella insurance can help to alleviate the difference and ensure that you don’t have to pay out-of-pocket costs, whether you’re at fault in the accident or not. 

Virginia Beach, VA is a fantastic place to live, work, and play. If you’re a resident of the area, you’re probably well aware of all the activities and fun Virginia has to offer. For an extra layer of comfort in the face of a natural disaster, car accident, business emergency, or burglary… investing in umbrella insurance is a smart choice to make sure you are more than covered.

Here at Armor Insurance Group, we’re happy to help answer any of the questions you have about umbrella insurance and how it may benefit you, your family, and your business. Contact us today and we’ll help you get started. 

What Kind of Commercial Insurance Do You Need in California?

In California, there are specific types of commercial insurance that are needed for various businesses. There are two types that are mandated by the state, and there are also countless other policy types that can be extremely helpful in protecting your business. If you are interested in commercial insurance for your California business, contact us today at Armorcrest Insurance Services in El Centro, CA.

Workers’ Compensation Insurance

When you have a business that has any number of employees, whether they are full or part-time, you are required to have workers’ compensation insurance. Having even one part-time employee makes this coverage mandatory. If someone gets injured at work, or develops a work-related illness, the business is generally liable for all of those medical bills as well as the injured party’s lost wages during recovery. With workers’ comp insurance in place, it is the policy that pays- not your business. This can keep a business from going under due to high medical bills to pay. 

Commercial Auto Coverage

If your California business owns a vehicle, it has to be covered by a commercial auto insurance policy. There are a few types of coverage that the policy is required to have as well as minimum amounts for each of those coverage types. There is a mandatory minimum amount for property damage liability coverage. There is another amount required for the injury or death of one person in an accident and another for everyone who was injured in the vehicle’s accident. All three of these amounts are very low when compared to other states, and it’s a good idea to get more than the required minimum for coverage. 

Get Your Commercial Insurance

It’s always best to have enough insurance, and your business can suffer without it. To make sure you have the commercial policies you need, contact us at Armorcrest Insurance Services in El Centro, CA.

Who Needs Boat Insurance in Virginia Beach, VA?

If you own a boat in Virginia Beach, VA, you know nothing is like the fun you have with your boat. But for you to continue cherishing the moments, you need the right insurance to keep you afloat. Ready to get started with boat insurance? Armor Insurance Group sheds light on why you need boat insurance.

If you are financed

Boat insurance isn’t mandatory in Virginia, but if your boat is financed through a loan, your lender may require you to purchase boat insurance until you have cleared the outstanding loan.

If you want to protect your asset

Your boat didn’t come cheap. It has taken you years of savings to invest in your boat. Because your boat is precious, you need boat insurance to protect your asset now and for years to come. Collision coverage protects your boat against collisions with stationary objects and other boaters. On the other hand, comprehensive coverage protects your boat against non-accident risks like falling objects, fire, and Mother Nature.

If you want liability protection

You might be careful in the water, but accidents can happen even to the most careful boaters. Because accidents do happen, you need liability boat insurance to protect you when accused of bodily injury and property damage by other people. Boat insurance ensures you don’t incur out-of-pocket expenses whenever mishaps occur.

If you need peace of mind

Boating should be fun. But how can you enjoy your boat worry-free if you are thinking about mishaps that are likely to happen in the water? Invest in boat insurance, and you can have a relaxed moment in the water.

Buy boat insurance today!

Do you want to have limitless fun in the water? If you have a boat, consider boat insurance from Armor Insurance Group in Virginia Beach, VA.

Is having a flood insurance plan in Virginia Beach a good idea?

Owning property in the Virginia Beach, VA area will continue to be a good long-term decision. Those that are owners in this market will continue to find that prices appreciate over the years and that they will enjoy having a place to always call home. Those who want to purchase a property in this area should always make sure they get the right insurance for it. For some, having flood insurance is a good idea. 

Ensures Insurance Compliance

An important reason that you should get flood coverage in this area is so you can be assured that you are in compliance with your insurance obligations. If you have financed your property with a mortgage, the lender will likely want you to carry flood insurance at all times if your home is in a flood zone. They also may have you escrow your payments to ensure you remain insured properly.

Coverage Protects Home

Those that buy a home here also should consider flood insurance to properly protect their home. If your home is damaged in a flood, the impact can be significant. Unfortunately, the coverage you receive for this from a standard insurance plan could be limited. A full flood insurance plan will give the protection that is needed to ensure you are covered in these situations. 

Overall, having a proper flood insurance plan in the Virginia Beach, VA area is always a good idea for property owners that are deemed to be at risk. As you are looking for a new insurance plan, you should call the Armor Insurance Group. When you are speaking with the Armor Insurance Group, you can learn a lot about the different benefits that come with this coverage, The team can then give any support you need to build your next plan.