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!

What Is Personal Articles Insurance and When Do You Need It?

Marietta, GA, is a good place to live. You’re near the city, but you can still find a pleasant, quiet neighborhood. A lot of good folk live in the area, but sometimes things still don’t go your way. You probably have some valuables that you truly cherish, and it’s important to protect them. LG Insurance Group is here today to teach you about an insurance policy that may have gone under your radar.

Protection for Your Stuff

Car and home insurance are obvious. They cover your car and home. What’s less obvious is when home insurance covers things inside the house. As a general rule, that coverage is extremely limited for high-ticket items. Your TV, jewelry and collections often need their own, dedicated policy. That’s where personal articles insurance (also called personal property insurance) comes into play. It’s a specialized policy that covers things you value in your home.

How Does it Work

As is always the case, each policy will have its own specifics. In general, you can aim to cover these items from theft and some kinds of damage. Typically the coverage is for a replacement cost of the item under the policy, and it often applies when the item leaves the house. So, if you get personal article insurance on your professional camera and it goes missing on a trip, the coverage is still in play (depending on the policy). That makes this a separate insurance from the coverage you have on your home. It’s also more inclusive.

Deciding which articles should be covered and how is a bit of a process. Involving an agent from LG Insurance Group can simplify that process and get you covered in short order. Give them a call today, and your most prized possessions can be protected while you’re in Marietta, GA, and when you leave.

 

Umbrella insurance protection in Marietta, GA

Accidents and money do not always walk together. During a catastrophic event, you may find yourself helplessly looking for a loan to settle medical bills when your home or auto insurance couldn’t clear all the bills. Purchasing umbrella insurance could be one of the wisest and most defensive ways of saving your financial situation. 

Umbrella insurance is one of those overlooked policies in Marietta GA which is mostly associated with the wealthy. While business and property owners may have all the reasons to add coverage to their businesses and assets, every person needs additional coverage for emergency reasons. At LG Insurance Group, we provide guidance and options available to you based on your budget.

Also, note that umbrella insurance can be used in any condition where the standard policy has reached its limits but has not cleared the expenses. Such events include:

  1. Car accidents where the injured party’s medical bills are too high and your auto insurance is inadequate to cover all the bills.
  2. Accidents and injuries in your home on a guest and your home insurance policy couldn’t provide enough coverage
  3. Accidents involving your boat or any other recreational vehicle and your boat or auto insurance isn’t capable of providing the required coverage.
  4. Slander or libel where a person sues you for something you did, wrote or said.
  5.  A guest who is wounded while visiting your tenant in your property and sues you for the injuries.
  6. When your workers in your business get sick over a toxic substance, and your commercial liability coverage is not sufficient to cover for all of them.

From the above circumstances, it’s quite straightforward that everyone needs a topping on their insurance coverages. To get more information on umbrella insurance, LG Insurance Group encourages you to speak to some of our insurance experts to help you with your options.

Tips for Avoiding Water Loss in your Home

Did you know that water damage is the second most frequently filed loss experienced by homeowners and renters each year? (according to the Insurance Information Institute)  The infographic below, provided by Safeco, can help you understand the risks, offer prevention tips and share the resources you may need if a water loss occurs. 

What to Do When You Lose Employer Health Insurance

Health insurance is a tough thing to shop for these days. When you have insurance through an employer, you basically only have the option of getting what they provide to you. This makes it easy and it is something that you do not have to worry about. However, what happens when you lose your health insurance through an employer? This usually happens when you are no longer employed. In Marietta, GA, serviced by LG Insurance Group, you know you need to have health insurance but where do you start?

Health insurance is a necessity and you need to have it at all times. That means you have to act fast to get covered if you lose health insurance from your provider. The best thing you can do in this situation is to actually start looking at private health insurance options. If you go on the open market, you are very limited and are unlikely to find exactly what you need. With personal health insurance options, you have a lot more wiggle room and can get exactly what you need at a lower cost. You can start your search as soon as you know what you can afford and what you need in terms of health insurance. 

If you have recently lost your employer health insurance coverage, your first call should be to LG Insurance Group, serving Marietta, GA. We can help you find the perfect plan for you and can even help you shop around with a lot of different private companies. We will also make sure that the plan fits in your budget and that you can afford to use the health insurance that you are purchasing. If you do not know what you need, we can help you figure all of that out as well. 

Can You Bundle Life Insurnace?

Life insurance is something that most people do not really think about all that much. That being said, life insurance is something that is completely necessary and that can help your family work through a tough time after your death. Life insurance, like most other types of insurance, is far less expensive when paired, or bundled with other insurance policies. The real question is, can you bundle life insurance policies? For those that live in the Marietta, GA area, the agents with LG Insurance Group can help.

Life insurance is something that is very particular for each person and each policy that is taken out. Though each life insurance policy is particular to each person, you can bundle these policies together if they are being paid for by one person, if they are taken out from one company, and in some cases, with other types of policies like home and auto. It all depends on the individual policy and the company that you are taking the policy out with.

When it comes to bundling a life insurance policy, the most common thing to do is to bundle different policies for each family member and to pay the premium for all the policies at the same time. It is less common, but not unheard of, to pay for your life insurance policy with your other types of insurance. These bundled policies are not bundled in the typical sense that they are going to save you money by having more than one policy, but you may depending on the company that you are getting your insurance through. You can speak with an agent to find out if there is any sort of incentive to have more than one policy.

For those in the Marietta, GA area, the agents with LG Insurance Group can help you find the perfect policy.  

3 Reasons To Choose a Low-Deductible Home Insurance Policy

Your insurance deductible is the maximum amount you have to pay out-of-pocket before your policy takes over. Many homeowners believe high-deductible insurance plans are a better strategy. High-deductible policies do require a lower monthly premium, but they aren’t always the best choice. If your home is in the Marietta, GA area, LG Insurance Group suggests that you consider a low-deductible home insurance plan for these 3 reasons.

  • Protect your savings. If an accident, fire, theft, or natural disaster ruin your home, you’ll have to pay the deductible costs before your insurance issues a check. High-deductible plans mean you’ll be stuck with exorbitant out-of-pocket expenses that could drain your savings before an adjustor will even consider your claim. A lower deductible plan means you won’t have to part with all of your cash in case of an emergency.
  • You do realize small monthly savings by choosing a high-deductible plan. However, the amount you save each month is minimal. If you aren’t investing that money in a high-return account, it would probably be better to pay the higher premium. That way, you can be sure you’re prepared for adverse events.
  • Higher deductible home insurance coverage may be light on protection. Since insurance companies don’t make as much on these policies, they don’t offer the same level of protection that other subscribers may enjoy. If you want more than basic home insurance coverage, talk to your insurance agent about the difference between high and low-deductible policies.

LG Insurance Group provides home insurance packages for residents in the Marietta, GA area. Contact us to discuss your home insurance deductible needs.

Why Valuable Items Need Special Insurance Coverage

Artwork, premium jewelry, antiques, and other items of high value need to have special insurance coverage. General homeowner’s insurance usually has modest limits for such items. Very valuable items need to have special insurance coverage. The best ways to have them covered properly is to get a current appraisal of their value and then consult with your insurance agent LG Insurance Group in Marietta, GA for an insurance update that creates specific coverage for these high-value items.

Each year thereafter, add a note to your calendar to conduct an annual insurance review to update the values of the coverage because in most cases, these valuable items have a tendency to increase in value.

Besides having a current appraisal from a recognized authority, it is a good idea to have video footage and photos of the items. Keeping the items secured properly is very important. Marking the items in a permanent way is also helpful in case the items are stolen as this will help in their identification for recovery.

The risk of theft for these valuable items is very high. The FBI reports that billions of dollars of artwork are stolen each year and only about 25% of it is ever recovered. The FBI maintains a National Stolen Art File (NSAF) for those wanting to learn more about what artwork has been stolen. This is a good resource to check if buying artwork that seems to have a questionable ownership history. If some art that you own is stolen, you can report the theft to the FBI to include the information in the national database. This may help in the recovery of stolen items as well.

Contact your agent at LG Insurance Group in Marietta, GA for an insurance review to make sure there is adequate coverage for high-value personal items.