What Contents of a Home Does Homeowners Insurance Cover?

A standard homeowners’ insurance policy covers more than the structure. It also covers the contents of the home, up to a specific amount. This blog explains what items, like fine jewelry and furs, may not be covered under the policy and how to obtain appropriate coverage for them.

At Armor Insurance Group of Virginia Beach, VA, we want you to have the coverage you need in case of emergency. Your standard homeowners’ insurance policy provides contents coverage for losses due to damage or theft. It bases the coverage on a percentage of the total home value. For example, if your home value is $100,000 and the policy covers ten percent of that value for contents, that translates to $10,000.

If you have a hobby that requires expensive equipment, that might not provide enough coverage to replace your home’s contents. Examples of these hobbies include photography, sound recording, home video and hobbyist musicians. Somebody could own two better cameras and exceed the contents coverage trying to replace them.

Other reasons to obtain additional coverage include antiques, jewelry and furs. Covering these high value items requires what insurance agents refer to as floaters, a policy addition to cover large ticket items. These items will have their own deductible.

You might not immediately think of these expensive items. That’s why Armor Insurance Group of Virginia Beach recommends you create a home inventory that lists all the items you’d need to replace if you lost them. Call or visit Armor Insurance Group today to learn more about adding to your homeowners’ insurance policy. We can help you obtain appropriate and affordable coverage.

What Does Full Coverage Auto Insurance Cover?

Throughout Virginia Beach, VA, the roads can be difficult to navigate. All it takes is one person to slam on their brakes or skid on ice for there to be an accident. Even when you’re not on the roads, it’s possible to experience vehicle damage. As such, you want to have full coverage auto insurance.

At Armor Insurance Group, we explain full coverage auto insurance as a combination of liability insurance (what the state requires) with comprehensive and collision coverage. All of these are important because of the various scenarios that they can be used in. if you get into an accident with another vehicle, the liability coverage will take care of the other vehicle if you were at fault. The collision coverage protects your vehicle in a collision, whether it’s with a guard rail, a mailbox, or another vehicle. Then, comprehensive coverage takes care of all of the non-driving incidents, such as a rogue shopping cart, a hit and run, or a rock to the windshield.

You never know what’s going to happen and when. Vehicles can be expensive to repair and you don’t want to pay for it all out of pocket. It only makes sense to have as much coverage on your vehicle as possible. 

When you have what’s known as ‘full coverage,’ you have the protection to take care of your vehicle if it’s been an accident, vandalized, or damaged in some other way.

You don’t want to get into a situation where your insurance company denies your claim. It makes sense to have full coverage auto insurance in Virginia Beach, VA. When you’re ready to shop for a policy that works for your needs and your budget, contact us at Armor Insurance Group. One of our agents can ensure that you have the policy to provide peace of mind.

 

The importance of having an Umbrella Insurance policy

There are many people who believe that purchasing a home insurance and auto insurance policy will fully protect them in the event of a claim. However, it is important to also purchase an umbrella policy to make sure you do not end up paying out of pocket for damages. If you live in the Virginia Beach, VA  area and are not sure if you have umbrella coverage, reach out to an agent at Armor Insurance Group today.

One of the most important reasons for an umbrella policy is that many people are not aware of how quickly their primary policy coverage can run out in the event of an accident.

In the event you run out of limits on your primary policy, the umbrella policy will step in and cover the claim up until the umbrella limits. If you are an individual with a high net worth the likelihood that you will be sued for most if not all of your assets following an accident is high. With the protection of an umbrella policy, you will be able to shield your assets.

An umbrella policy is also critical if you engage in activities that increase your chances of being sued for a large sum. Some of these activities include but are not limited to having a swimming pool, carpooling with other children on a regular basis, ATV driving and entertaining large groups at your home. Any activity that increases your chances of being sued for a large sum due to bodily injury or property damage should be insured with an Umbrella Policy.

If you live in the Virginia Beach, VA area and you are inserted in learning more about umbrella coverage, please reach out to an agent at Armor Insurance Group today.

Do You Need Commercial Insurance For Your Business?

If you own a business, you’re likely interested in cutting costs wherever you can. You might be wondering whether you need commercial insurance for your business in Virginia Beach, VA. The simple answer is, most likely you do need to ensure your business. Even in the instances when it’s not required, it’s a wise precaution. Here are a few circumstances that warrant the need for an Armor Insurance Group commercial policy.

If You Use Business Vehicles

Does your business require the use of cars or trucks?

If you regularly have to deliver products or services to your customers in-person, you need commercial vehicle insurance.

In fact, it’s required by law in the state of Virginia. If you have a business vehicle, it must be registered as such with the Department of Motor Vehicles. In order for this to happen, the vehicle must be commercially insured.

If You Do Business Outside Your Home

Is your business home-based, or do you rent a property?

If you own or rent a business property, you need commercial liability insurance.

It’s true that this type of insurance is not legally required unless you took a mortgage out on your rented property. Still, it’s a smart investment.

If you choose not to have property commercial insurance, you open yourself to the possibility of a serious loss. For instance, if your place of business is damaged by fire, you can’t recoup any of those investments if you have no commercial property coverage.

If You Have Employees

If you work alone, perhaps commercial insurance may not be as much of a priority, although it’s still an essential form of protection.

If you have employees, however, commercial insurance is a safeguard for you and them. In some states, commercial insurance is required if you have employees working at your place of business, or if you have customers visiting your premises. Virginia is not one of these states. However, if anyone sustains an injury on your business property, you can stand to lose your entire enterprise if you are sued.

Are You Ready To Invest In Protecting Your Business?

If you’re ready to protect your Virginia Beach, VA business, call and touch base with an Armor Insurance Group agent today. You can discuss your policy options and keep your business from being forced into bankruptcy after a single lawsuit.

Is there insurance to protect a business from lawsuits?

Most business owners are aware that the chances of facing a lawsuit are pretty high. A study by Fullbright reports that 90% of American businesses are involved in litigation every year. The average number of lawsuit managed by each company is 37. One useful tool to reduce the risk of serious financial damage is umbrella insurance.

Umbrella insurance does two things. First, it extends the policy limits of other insurance policies that are named in the umbrella policy. Secondly, it may cover some claims that are not covered at all by other policies.

If a claim is made that exceeds the policy limit of some insurance that is covered by an umbrella policy, first the total amount of the policy limit is paid by the underlying policy and then the umbrella insurance kicks in to cover any excessive amount up to the maximum limit of the umbrella insurance.

Umbrella insurance can be customized to cover specific types of legal problems. Some legal risks that may be covered are legal fees for false arrest, and claims of libel or slander. Other things that may be covered are discrimination and sexual harassment in the workplace.

Consult with your insurance agent at Armorcrest Insurance Services, serving the El Centro, CA area and the surrounding communities to discuss the types of coverage that may be available for your specific needs.

It is very common for umbrella insurance policy limits to be in the multiple millions of dollars. The minimum amount of coverage needed is at least a person’s net worth. If their net worth is $10 million, then the umbrella insurance should be at least that amount. The common sense reason for this is for asset protection in the case of a lawsuit.

It may be even better to go higher for the limit because after the full amount of insurance is exhausted, then a business owner may be liable for the difference needed to pay the settlement or judgment claim.

If you already have umbrella insurance or you need a new policy, talk with your agent at Armorcrest Insurance Services in El Centro, CA to make sure you have enough insurance to protect your assets and avoid a terrible financial disaster if some unforeseen thing occurs.

Seven Steps to Winterize Your Motorhome

Winter doesn’t mean you have to stay home! Motorhome owners in the Virginia Beach, VA area can still enjoy the pleasures of the open road, even in the darkest months of the year. Use these tips from Armor Insurance Group to get your motorhome ready for some winter fun.

  • Give your vehicle a good scrub down, inside and out – A thorough cleansing improves indoor air quality, which is vital in small and enclosed spaces. Leave the doors open and allow the air to sweep out any extra particles before you repack everything.
  • Keep a close eye on the weather – Sudden storms can leave you stranded without access to help. Check the weather forecast several days in advance before leaving your home.
  • Invest in a catalytic heater – These devices are perfect for heating your motorhome when you aren’t connected to grid energy. Not only does that give you more options for outdoor docking, but it’s also a safeguard for times when you can’t make it to a powered parking spot.
  • Insulate your water and sewage lines to prevent freezing while on the road – At night, turn off your water supply and open all your faucets to keep lines clear of icy clogs.
  • Plan ahead – Many campgrounds close during the winter. Get in contact with campgrounds along your route to ensure you’ll have a comfortable place to stay.
  • Plug up drafty spots – Use caulk or another hardening material to seal up cracks around doors, windows, and hatches.
  • Keep your freshwater tanks full to ensure your plumbing stays in working order.

Armor Insurance Group offers motorhome insurance for residents int he Virginia Beach, VA area. Contact us for more information on winter motorhome safety.

 

Winter RV Safety Tips For Virginia Beach

There is not an expiration date when it comes to enjoying your RV at various times of the year. You can enjoy spring melts, summer waters, autumnal colors, and winter snow all from the same framed view within your RV. However, RVing in certain weather does require additional safety considerations. At Armor Insurance Group, we want you to be equipped with all the knowledge you need for a safe trip in your RV this winter. 

Top RV Winter Safety Tips 

  • Don’t Take Your Water Systems For Granted. In the summer, spring, and fall, your water systems will likely work the same at all times. However, while traveling in the winter, it is a good idea to take extra precautions for your water lines to avoid them freezing and you not having water. Or worse, the lines busting leaving your RV with water damage. 
  • Check and Double Check Your Tires. Everyone knows icy winter driving can be hazardous in the best of conditions. When it comes to driving a huge RV with all those extra pounds of inertia to stop, it is vital to have the best tires for your vehicle and to check them often. 
  • Test Those Gas Lines. Whatever type of gas you use to heat your tiny home on wheels can pose a risk. So be sure to check, test, and double check those lines often. Errors when it comes to gas can be deadly, so err on the side of caution. 

Contact us at Armor Insurance Group if you want to make sure your RV insurance is up to par before you leave, or if you are in need of new RV insurance. We proudly serve Virginia Beach, VA and the surrounding areas with quality insurance. 

Motorcycle insurance coverage options in Virginia

Your motorcycle remains synonymous as far as adventure and freedom are concerned, irrespective of whether you prefer riding a custom chopper, street bike, cruiser, or a touring bike. The breathtaking experience on the open road is mainly every rider’s moment. 

However, with freedom and adventure comes uncertainties since you may never know what lies ahead around the next corner, but with the right insurance coverage, you can help keep yourself protected and your adventure ongoing. At Armor Insurance Group in Virginia Beach, VA, we help protect what matters to you most.  

Coverage Options for Motorcycle Insurance

Your basic motorcycle insurance policy covers the following:

  • Property damage liability protection: Covers the damages done by your motorcycle in case of an accident.
  • Bodily injury coverage: Pays for any injury made on another person.
  • Guest passenger liability: This particular protection covers the passenger riding with you. 

Premium or optional motorcycle coverages in Virginia include:

  • Roadside assistance: These are premium programs for towing the motorcycle to the nearest workshop.
  • Loss of use coverage: This policy helps replace a damaged motorcycle in case of a crash.
  • Collision: This premium service helps repair or replace your motorbike in case of a crash.
  • Underinsured/uninsured motorist coverage: Protects you from damages or injuries from underinsured/uninsured motorists who may be at fault.
  • Medical payment: compensates for medical expenses for you in case of an accident.
  • Comprehensive: Comprehensive insurance repays all the finances required to replace your motorcycle only when a collision has occurred
  • Personal belongings and carried contents: All the contents that you may be carrying while you ride your motorbike are protected under this insurance policy.

The roads are full of uncertainties and accidents have no warnings, protect yourself, your loved ones, and your iron horse by purchasing motorcycle insurance. For all your insurance needs, Armor Insurance Group in Virginia Beach, VA is here to assist and keep you safe.

 

Are Passengers Covered on Motorcycle Insurance?

Motorcycles are a great way to get around and a great way to have fun with the rider of your choice. There are some concerns however as to the safety of your passengers when riding. In most cases, your motorcycle policy covers a great deal more than you might imagine, and passengers are included. For those that are living in or around the El Centro, CA area, the agents with Armorcrest Insurance Services can help you find the policy that is best for you and your passengers.

Motorcycle insurance covers many things, including your passengers if you are involved in an accident. You passenger is covered on your liability only policy and you can add more coverage as needed. Your basic policy covers passengers up to a certain amount, often, up to $10,000 in medical bills. Any other bills can be obtained from the other driver’s insurance if the accident is not the fault of the motorcycle driver.

If you live in a no-fault state, you will need to contact your own insurance about getting compensation for medical bills so that you can get back to feeling great and living life. Most basic policies are going to cover passengers but you can always add more coverage over the state minimum requirement if you feel the need. For those drivers that always have a passenger, it may be beneficial to add more coverage to your policy for passengers. If you are almost always alone, you may not need to add more coverage.

For those that live in the El Centro, CA area, the agents with Armorcrest Insurance Services can help you find the policy that is going to work best for you and for your passengers to make sure that they are safe while riding.  

Features of boat insurance

Before purchasing boat insurance or getting your vessel out on the water in Virginia Beach, VA, there are vital features and things you need to know about the policy. Many boat owners enjoy boating and the sense of freedom they find while on the open water with close friends and family. But, before you embark on the next boating adventure, read to understand the important features of boat insurance from Armor Insurance Group.

It is important

Unfortunately, some cruise the waters comfortably thinking that their home insurance policies protect their boats. In most cases, this is not true because a homeowners insurance policy doesn’t cover large boats. Therefore, if your boat has an engine or is an expensive vessel, you should consider purchasing a separate policy to ensure that you’re fully protected.

It is Unique

Although there are a few similarities between your auto, home, and boat insurance, there are several factors that make these coverages different. For example, you can take cash value or consider a replacement cost on your boat insurance for total loss, the same way you can with your home insurance. However, the Armor Insurance Group’s boat insurance policy is unique in the sense that it has a feature that allows you to suspend the policy when the boat is not in use. You can’t suspend home or auto insurance the same way. In other words, you can decide to save some quick bucks during off season.

Differences in coverages

A majority of boat owners get confused by the differences in the coverage options of boat insurance. For instance, your vessel is covered by your individual insurance when it is in the water. But, when your boat is attached to your truck, especially when traveling, it is then covered by your auto insurance policy. And, your home insurance may protect your boat if it gets damaged while on your property.

It is important to avoid liabilities and protect yourself financially by purchasing sufficient boat insurance for your vessel. You can contact us today to learn more about Armor Insurance Group and how our boat insurance can help you protect your boat in Virginia Beach, VA.