Does Flood Insurance Cover Broken Pipes?

You own a home in Marietta, GA. That’s great! Do you have flood insurance? Atlanta may not get it as bad as Florida, but storms do hit, and floods do happen. If you’re looking to get a good flood policy, you probably have a few questions. One we’ve seen here at LG Insurance Group is whether or not flood insurance covers burst pipes. Here’s the short answer.

What Is the Source of Water?

When it comes to flooding, there are usually two sources: piped water and external water. Now, every policy is unique, so you always need to check for exceptions in your own agreement. That said, here are the usual rules. Flood insurance covers flood damage that comes from rising, external water. Mostly, it refers to natural flooding, but it never includes water from a burst pipe.

If you have flooding or water damage from a burst pipe, that’s usually outlined in the homeowner’s policy. How that damage is covered will depend on the policy, but it’s where you want to look first.

Initial vs Resulting Damage

Even if you do have coverage for a broken pipe, it can get a little more complicated. Many policies distinguish between initial and resulting damage. Typically, the policy is designed to cover immediate water damage from the flooding. This can include draining the water, treating to prevent mold and replacing drywall. It usually will not include repairing or replacing the damaged plumbing. That is usually considered a routine maintenance and is the responsibility of the homeowner.

Even in Marietta, GA, the risk of water damage can get complicated. If you want to make sure you have the right coverage for all of the risks, talk to your representative with LG Insurance Group.

Is RV Insurance Mandatory In Marietta, GA?

Marietta, GA residents who find themselves wondering if RV insurance is required in Georgia will typically meet with LG Insurance Group to learn more. As a bare minimum, there is a certain level of coverage that is required. The same level of liability insurance that would be purchased for a more typical motor vehicle is required.

From there, the insurance that is going to be purchased will depend on the vehicle itself. Finding the policy that meets the requirements and then some is not always as easy as it looks. A Marietta, GA RV owner must make sure that they are purchasing the insurance policy that is best for their class.

A Class A RV will always require a higher amount of insurance than a Class B or Class C vehicle. The rates for those who plan to utilize their RV for commercial purposes are also going to be much higher, so be sure to bear this in mind.

From there, it is important to know what the insurance plan is actually going to cover. If the RV is less than five years old, the motorist may qualify for a total loss replacement plan. In these instances, the RV owner’s vehicle can be replaced by a vehicle of equal value.

Comprehensive coverage is also key, as it provides the RV owner with the chance to cover any losses or damages that take place. Even when the RV is not actually in use, the motorist is covered for any external damages that occur. This includes theft, vandalism, fire, and other weather-related issues.

Roadside assistance and towing is also important. This ensures that the RV can be tended to any time this sort of assistance is needed, at no additional cost to the motorist.

In the meantime, those who are looking to learn more about the RV insurance coverage that their vehicle requires are urged to visit the LG Insurance Group website today….so that they can find out everything that they need to know! 

Why Motorcycle Group Riding Needs Formation on the Highway

Have you driven behind a group of motorcycles on the highway and noticed their unique formation? In many cases, most drivers do not pick up on the pattern unless they are a bike rider themselves, then they understand what they see before them. At LG Insurance Group, we want our customers to be aware of these group formations and how they protect bikers on the highway, whether they are traveling through Marietta, GA or other parts of the state. 

Knowing the route.

Before the group ride begins, the organizer of the ride will meet with all riders to go over the route they will be pursuing and review the hand signals needed for other drivers on the highway. Having unaware bikers on the highway can be a danger for collisions or accidents.

How many bikers are in group formation?

To keep bikers and other drivers on the highway safe, the group formation will often be split into groups of six or seven for larger groups. This allows the groups to travel cohesively, give each other space to slow down and accommodate the remaining traffic. Groups of 10 or more can cause traffic to back up, and cause the bikers to drive too close, risking a potential accident.

Include a tail rider.

At the end of each group that is riding, there should be a tail rider that stays approximately two car lengths behind the rest of the group. This is to notify traffic riding behind the group of any approaching turns or stops that the group is planning to make on the route. 

Call us today.

If you are a biker living in or around Marietta, GA, contact our agents at LG Insurance Group today for more information about motorcycle insurance.

 

 

 

Does Marietta, GA Boat Insurance Cover My Boat When in Transit?

Living in Marietta, GA, you have easy access to several fantastic lakes and other waterways to explore. Whether you enjoy fishing, skiing, or simply exploring the water, boats are a wonderful thing to have — but it’s important to keep your investment protected with boat insurance. 

Boat insurance, such as that offered by LG Insurance Group, offers comprehensive coverage so that should an accident happen, you won’t be liable for thousands of dollars. But before you by a boat insurance plan, it’s important to understand what all is covered. One question our agents often get is whether or not their boat will be covered out of the water. Here’s a look at that answer:

Does Marietta GA Boat Insurance Cover My Boat When in Transit?    

Generally, yes. When you add physical damage coverage, then you will be protected should your boat be damaged both in transit over the water and on land. Examples of physical damage that would be included in such a policy includes:

  • Fire
  • Overturning
  • Explosion
  • Collision 
  • Theft
  • Vandalism

It is important to note, however, if you are on the water and are having your boat transported by a towing company like Seaboat and your boat is physically damaged due to their negligence, then their insurance will payout.

Learn More About the Different Types of Boat Coverage By Contacting LG Insurance Group

There are a lot of different types of coverage that our insurance agency offers when it comes to watercraft. For example, with hurricane season upon us, it’s important to note that there is a separate type of coverage for emergency removal should a hurricane head towards Marietta, GA. Learn more about that coverage and other boat insurance policies by contacting one of our agents today. 

Is Umbrella Insurance For My Personal or Commercial Life?

Residents of Marietta, GA You Don’t Have To Split Yourselves In Two

The professionals at LG Insurance Group like to put an end to the mystery that surrounds umbrella insurance. People don’t know when to carry an umbrella despite the predictions for rain. Similarly, folks don’t know when to carry umbrella insurance. That’s why we are here.

The fact is that many people ascribe umbrella insurance to commercial business enterprise only. That is a mistake. Umbrella insurance is for both your professional and your personal life. The main reason it’s linked to the commercial enterprise is because of the amounts of money that are involved. Umbrella insurance is generally attached to a standard insurance policy. The umbrella is opened when you’re standard insurance payout is not adequate to cover a claim that has been lodged wherein you are responsible. Umbrella insurance will cover the amounts that are over your standard insurance limit.

Due to the huge amounts of money that can be involved people feel that either you have to be rich to need umbrella insurance or you have to be a profitable business owner.

Umbrella insurance can help in any situation where your standard insurance payout amounts are inadequate. This necessity varies and should be discussed with a professional agent.

Why Wait Any Longer Than You Have To

We gratefully serve the entire state of Georgia. Located in scenic Marietta, GA.  Contact us today to learn more about how umbrella insurance can protect many facets of business life and personal life. The telephone number is 678-671-8480. Call today to ask about any of our insurance products. We also write auto, home, and life insurance policies.

Move Over NFIP, Private Flood Insurance is now a Viable Option for Homeowners

Since 1968, the Federal Emergency Management Agency (FEMA) has provided National Flood Insurance coverage through the National Federal Insurance Program (NFIP). The NFIP program has offered insurance protection for homeowners against potential flooding damage for over 50 years.

However, effective July 1, 2019, several long-standing federal flood insurance statutes will be revised. At that time, a five federal agency joint rule will now require federally-regulated lenders to accept private flood insurance; if the flood policy meets the criteria set forth by the Biggert-Waters Flood Insurance Reform Act of 2012. 

Homeowners in and around the Marietta, GA area who are interested in learning how this new federal statute might benefit their insurance coverage are encouraged to call the LG Insurance Group. Let their experts explain how this new rule may impact your personal insurance scenario.

The regulatory agencies involved in the joint rule include the Federal Deposit Insurance Corporation, the Federal Reserve, the Currency Comptroller, the Farm Credit Administration, and the Federal Credit Union Office of Administration.

Their joint ruling includes the following matters:

  • Requires lenders to accept flood insurance from a private insurer if the policy meets the guidelines set forth by the Biggert-Waters Act. 
  • Clarifies the circumstances under which a lender can accept private flood insurance policies that fail to meet the Biggert-Waters Act’s benchmarks.
  • Permits lending institutions to utilize flood coverages offered through agency-approved mutual-aid societies.
  • Prohibits regulated lenders from funding mortgages on homes (located in special flood zones) unless the property closes with sufficient flood insurance coverage.

Flood insurance options are now becoming available for the first time! Now is the time to let the professionals at LG Insurance Group clarify the flood insurance options for homes located in and around the Marietta, GA metro area.  

How the Class of Your RV Affects Insurance Rates

You love your motorhome and you know that for your protection you must insure it. Perhaps your RV is not powered by an engine at all, but instead, it’s a towable vehicle such as a such as a fifth wheeler trailer, travel trailer or pop-up camper. Either way, your insurance rate is determined, in part, by the kind of RV you have. At LG Insurance Group, which serves Marietta, GA, we can guide you in selecting RV insurance.

Class A motorhomes are generally the most expensive and largest you can buy. They are typically from 20 feet to about 45 feet long. Class B vehicles are the smallest, ranging from about 17 feet to about 21 feet long. Class C’s are a cross between the other two and can range from about 20 feet up to about 33 feet. Generally speaking, the longer an RV is the more it costs to insure it.

Insurance for Class A vehicles is usually more expensive than ones for Class B and C.  Besides size, Class A vehicles have powerful engines. The contents of your RV also affect policy costs. If you are like many owners a Class A vehicle, you might have equipped it with high-end electronics, appliances or furniture. This is also true for a Class C vehicle that could be similarly outfitted. 

While the insurance for a towable RV usually costs less than for a motorhome, note that the insurance you pay for the car, pickup truck or SUV capable of towing your RV might offset savings. Contact the LG Insurance Group, which serves Marietta, GA, for your RV insurance needs so you can have peace of mind when you travel. 

What happens if I don’t have motorcycle insurance?

Spending a nice afternoon riding around the Marietta, GA area on your very own motorcycle is a dream that many people share. While a motorcycle can provide you with a great experience, it also requires you to carry insurance. If you do not get insurance on your motorcycle, a number of different things could happen.

No Coverage 

One of the worst things that could happen if you do not have a motorcycle insurance coverage is that you will not receive any financial support or assistance if you suffer a loss. When you have a full motorcycle insurance policy in place, you can receive support for a wide variety of losses including vandalism, theft, or damage from an accident. If you do not have this type of coverage in place, you could end up having to make any replacement or repair expenses out of pocket.

Legal Violation

When you drive a motorcycle in the state of Georgia, you are required by law to carry liability insurance coverage in place at all times. If you are caught riding a motorcycle without this type of coverage in place, you will be in violation of the law and could face serious penalties. Some of the most common penalties for not caring motorcycle insurance can include loss of riding privileges, significant financial penalties, and even imprisonment if you are a repeat offender. Because of this, you need to make sure that you carry insurance at all times.

If you have a motorcycle in the Marietta, GA area, you should reach out to the LG Insurance Group. When you speak with the team at the LG Insurance Group, you can learn far more about your motorcycle insurance obligations. The team can also help you to get into a great policy that provides the right level of coverage. 

Top 3 Things to Look for In Your New Boat Insurance Policy

Owning a boat is one of life’s greatest pleasures, and if you are looking to get out on the water here in the Marietta, GA area, the LG Insurance Group can help you find the boat insurance you need. There are a lot of different types and levels of boat insurance that are available to you, and finding the right policy to suit your situation can be an overwhelming experience!

Top 3 Coverages to Look for In Your New Boat Insurance Policy

  1. Protection for your boat for damage and to other property that may be damaged by your boat
  2. Theft and vandalism protection
  3. Coverage in the event that your vessel is involved in an accident that causes injury to your passengers or those on another boat

As the owner of a boat that is involved in an accident, you could be held liable for damage to other people’s property, or for the medical expenses that are incurred because of an accident in which you were involved. Don’t leave anything to chance, make sure that you have the protection that you need! 

Additional protection that you may want to consider is coverage for breakdowns, towing, or damage to your boat trailer. If you are housing your boat in a marina you can review policies that include damage during storage.

Responsible boat ownership will allow you to enjoy your watercraft without having to worry about the financial impact that can arise from an accident or another mishap out on the water.

The team at LG Insurance Group is here to help you find the right boat insurance for your unique needs. If you are in Marietta, GA or the surrounding area, call or stop by to learn more about how our professional agents can help you!