Personal Insurance for the Commonwealth of Virginia
Whether you own or rent your home, our team will help you choose the right insurance policy. A renter's policy protects your personal property and liability. A basic homeownerâ€™s policy protects the value of the buildings (or part of a building) that you own. And beyond that, you can add coverage to create a package of protections offered at a reasonable price, including: a building (dwelling), other structures, personal property (contents), loss of use, personal liability and medical payments.
Think about this: You don't have to be a millionaire to be sued like one! You can be sued for an auto accident, or if someone falls and is injured on your property. You could also be sued for work you do as a member of a non-profit organization or coaching youth sports. You can lose personal savings, future income, including retirement income, your home your personal property.
We can help! Our companies offer an affordable Personal Umbrella Liability Policy. This coverage is in excess of the liability coverage provided by your auto and homeowners policy. It also covers attorney expenses.
When you rent an apartment the landlord typically will be responsible for securing coverage for the building but the landlord is not responsible for covering your belongings or your liability for accidents. If your possessions are stolen or damaged by a variety of events including a fire or severe weather, a good renters insurance policy has you covered. In addition, if someone is injured during an accident in your apartment a renters policy will help protect you. Increasingly, landlords are requiring tenants to show proof of this coverage as a requirement in the lease agreement.
There are only certain coverages that a state insurance law may require you to buy, but there are many coverages available for purchase under the Personal Auto policy. When purchasing auto insurance consider:
- Protecting your assets (which includes future earning capacity) by purchasing adequate liability limits
- Protecting your mobility by buying coverage to pay for damage to your auto
- Protecting what you want to protect, but, whatever you elect not to protect, you should be able to afford to pay for with your own money
This coverage does not include any property coverage and is only for individuals or members of a household for protection against claims by third parties alleging bodily injury or property damage due to negligence.
Personal Marine Insurance
This coverage provides indemnity coverage on pleasure boats. It includes liability for bodily injury or damage to the property of others and damage to personal property on the boat. Physical damage coverage is also available which provides coverage for actual damage to the boat.
Jewelry, Artwork, and Antiques
If you own certain expensive items such as jewelry, artwork or antiques, chances are the limit provided in your homeowners policy will not nearly be enough to replace or repair them if they are lost, stolen or damaged. You can protect these types of assets by adding an endorsement or floater to your current homeowners policy.