Is RV Insurance Necessary When You Aren’t Using the Vehicle?

Insuring Stored RVs

An RV in storage that is not being driven on roadways does not need to be legally insured. This is at the discretion of the owner. If you own your RV, there are good reasons you may want to consider keeping your car insurance up to date when you are away, such as a disaster or theft. In some situations, such as when an RV is financed, insurance may be required regardless if it is in storage or not. 

Speaking with your insurance agent can help you decide what will fit your needs if you plan to store your car. Our agents at Griffith Insurance LLP West Chester, PA are experts in all the ins and outs of auto insurance. We can help craft a policy that will be most beneficial for your stored and active RVs.

Benefits of Insuring Your Stored RV

Maintaining the insurance of your stored RV may save you money in the long run. Uninterrupted coverage, instead of a gap, might be factor insurers look at when you restart your policy. A break in coverage could increase costs overall. The short term savings may not be worth it considering this. If your RV is insured while you are away and fire or theft happens, you will have peace of mind knowing you kept your policy active.

A Trusted Insurance Agency in West Chester, PA

Contact us today at Griffith Insurance LLP in West Chester, PA to see how we can help with your auto insurance options for your stored RV. Our agents have years of experience assisting RV owners in getting the best coverage possible at affordable prices.

The Basics of Renter’s Insurance

Landlords in Pennsylvania typicaly require renter’s insurance. And even if that wasn’t the case, it still will be beneficial to tenants to obtain it because the unpredictable can occur. Renter’s insurance in the state of Pennsylvania protects your items from typical perils, such as vandalism, theft, and fire. 

Three Types of Renter’s Insurance Coverage

There are three types of renter’s insurance: Personal property, liability, and additional living expenses. The following includes more details about these types of insurance coverage:

Personal Property

This coverage may cover the cost to replace or repair your belongings, like clothing, electronics, and furniture for up to a limit. This coverage does not usually cover personal property loss beyond the limit of your coverage.

Liability

This coverage may cover repairs to damages you may accidentally cause to another person’s property or medical bills for someone you may have caused an injury to. However, this coverage also has its limitation in coverage.

Additional Living Expenses

This typically covers additional costs you may incur, such as hotel bills if your residence is damaged and uninhabitable. However, it typically does not cover damage to the building structure you are renting from. 

Each state has its own set of rules when it comes to renter’s insurance. For instance, in the state of Pennsylvania, there is a thing where you can list your landlord as an
"additional interest" to your policy. Doing this may or may not help you, depending on your situation.

With the different rules and regulations about renter’s insurance, it is imperative to work with highly-trained, dependable, and proven insurance agents to lead you in the right direction. Griffith Insurance LLP is the way to go. Griffith Insurance LLP has been providing services for West Chester, PA, and surrounding areas for several years now. We are more than happy to assist you.

What are my life insurance options?

Those that are in the West Chester, PA area are going to have many different insurance needs. One fundamental form of insurance that everyone should consider getting is life insurance. When you get this type of insurance protection, you will be providing financial protection for those that depend on you. If you are looking for a life insurance policy here, there are a variety of different options that you should be aware of.

Term Life Insurance 

If you are looking for life insurance, a great option is to get a term life insurance policy. When you get this type of insurance, you can build a policy that is designed to meet your needs. These policies tend to be more affordable for the amount of coverage you can receive for the term of the policy.

Whole Life Insurance

One prevalent form of life insurance to consider is whole life insurance. This is unique life insurance because it will provide you with protection for the rest of your life. The monthly premium payments for this tend to be more expensive than other options, but this insurance will also be a good investment. A portion of your monthly payments will accrue in an account that you could liquidate or use as collateral for a loan in the future.

One of the most important decisions that you will have to make will come when you choose a life insurance policy. If you are in the West Chester, PA area, you should reach out to the team at Griffith Insurance LLP. The insurance professionals at Griffith Insurance LLP can provide you with a variety of services that will help ensure you get into the right policy. This will provide your dependents with the protection that they need.

When does someone in West Chester need motorcycle insurance?

The West Chester, PA area can be a great place to live. Those that are in this area can truly enjoy the warm summer months. When it is warm outside, a great way to spend your day is on your very own motorcycle. While this can be a fun and efficient mode of transportation, it is also an asset that you need to properly protect with insurance. There are several situations when someone in this area needs to get motorcycle insurance.

When Using Public Roads

One situation when someone here needs to get motorcycle insurance is when they want to use public roads. Those that are in this area of the state need to comply with guidelines set forth for everyone in Pennsylvania. The state rules will require that you carry liability insurance whenever using your motorcycle. Those that do not have it will not be in compliance with the law.

When a Loan is Outstanding

You are also going to need to have motorcycle insurance when a loan is outstanding. If you have taken out a loan to finance the purchase of your motorcycle, you should check with your lender regarding insurance needs. In many cases, you are going to be obligated to carry motorcycle insurance. If you do not have this type of coverage in place, you will be in violation of your loan agreement.

Picking a motorcycle insurance policy in the West Chester, PA area is a big decision. To ensure that you are picking the right policy for your situation, you should call Griffith Insurance LLP. The team at Griffith Insurance LLP can provide you with the guidance and support that you need to get into a policy that will properly protect you and your valued motorcycle. 

How Much Insurance Should I Carry On My Sailboat?

In West Chester, PA, you are not legally required to carry insurance on your boat. This means that if you want to sail without any coverage at all, you’re allowed to do that. It’s not advisable, but it is permitted.

It’s not advisable, because a sailboat is a big investment. We’re not talking about a two hundred dollar fishing raft, but something that may have cost you twice or three times the value of your car. That’s an investment that you want to protect, so you’re going to want to get coverage. Experts generally recommend the following provisions:

  • $1,000,000 in liability coverage. You’ll typically be recommended to carry more than this if you drive a fast powered boat, but for a sailboat, this should be enough.
  • Collision and comprehensive to be based on the value of your boat.
  • Gap and replacement coverage should be considered, especially if you’re still paying your boat off.
  • Uninsured/underinsured coverage. You’ll want to discuss this with your insurer to settle on a good number, but a minimum of $10,000 is typically recommended. As we said, West Chester, PA boaters are not required to carry insurance, so you may wind up needing to tap this.

While you are legally allowed to sail to your heart’s content without insurance, it’s not advisable. There’s a lot that can happen out there on the open water, and you don’t want to be holding the bill when your sailboat suffers damages.

If you’re looking to get your boat covered, get in touch with Griffith Insurance LLP. Griffith Insurance LLP can help you to get the coverage you need so that you can cruise the waters with your mind at ease the next time you head out.

3 Ways Your Pennsylvania Business Can Benefit from an Umbrella Policy

If you are a business owner in the greater West Chester, PA area, it’s time to talk to Griffith Insurance LLP about commercial umbrella insurance. Owning a business takes a lot of hard work and dedication, and an umbrella policy can help to protect your efforts, assets, and marketing. Don’t let a spurious lawsuit or catastrophe erase all of the hard work that you have put in over the years!

Three Benefits from an Umbrella Policy

Don’t let a significant catastrophe be the end of your business. With a comprehensive commercial umbrella policy, you can give your primary policy a boost and get the excess coverage your business needs.

  1. Fills any gaps that occur once your primary policy limits have been exceeded. Primary policies have strict protection limits, and once they have been reached, that policy won’t cover any excess damages.
  2. Protects your private assets from being affected. When your primary policy is maxed out, you can be held personally liable for damages, and your private assets may have to be accessed to cover gaps in your insurance coverage.
  3. It gives you the peace of mind you need to stay focused on your business, no matter what adverse circumstances may come your way. With a comprehensive umbrella policy, you can rest assured that you will have the protection your company needs. Your personal assets will be protected, and your business can continue to run as usual.

If your West Chester, PA area business doesn’t currently have a commercial umbrella policy, give the team at Griffith Insurance LLP a call today. We are here to answer your questions and provide information about the various umbrella policy options available to you. Make sure that your company has the protection it needs!

How to Know If You Need Additonal Insurance for Your Vehicle

Auto insurance is necessary for you to drive a vehicle. There’s even a state minimum for auto insurance. However, it might be a good idea to have additional coverage on top of your basic policy. An agent at Griffith Insurance LLP, serving the West Chester, PA region, can talk over the options with you. 

Deductibles

Deductibles should be in place to provide coverage in the instance you get into a fender bender or some other type of accident that occurs with your automobile. It’s frustrating when you don’t have enough deductible coverage. Talk to your insurance agent about getting collision and comprehensive coverage. It can ease some of the panic that comes along with injuries and repairs. 

Storage Insurance 

If you have a vehicle that’s in storage, you may wonder if you should have insurance for it. This should be covered under regular comprehensive coverage. The insurance company should discuss what your comprehensive coverage entails. Just make sure to explain the exact situation so that they can provide you with the policy riders you may need. This should take care of damages from accidents such as fire, building collapse, and vandalism, among other unfortunate things that can happen. 

Liability 

This is for you to use if you cause an accident, and it includes property damage and bodily injury liability. This means it will cover the other party’s auto repairs and medical bills. However, it won’t cover you or passengers in your car if any of you happen to get injured or if the vehicle is damaged from the accident.

Some other types of auto insurance coverage you should have include personal injury protection (PIP), Guaranteed Auto Protection (GAP), Emergency Roadside Assistance, and Mechanical Breakdown Insurance. Not all of these will necessarily be available from your insurance provider. 

Reach out to Griffith Insurance LLP of West Chester, PA with your questions and concerns. Our team can assist you in getting started with the process right away. 

 

How does commercial insurance protect a Pennsylvania business?

One dream that a lot of people have is to eventually start and run their own small business. If you do have a small business, finding the right location to operate out of is very important. One market that can be a great option is in and around West Chester, PA. If you do have a business in this area, it is important that you cover it properly with commercial insurance as it can protect you and your business in many ways.

Provide Coverage for Asset Investments

While there is a lot of hard work that goes into starting a small business, there is also often a big investment requirement. One type of investment that you may eventually need to make could be the purchase of new inventory or other business assets. If these were to be lost in a fire or to bad weather, it could be a big setback. Because of this risk, you need to get commercial insurance to protect your assets and investment.

Will Give you Coverage for Liability

No matter how great of service you provide, a small business owner is always going to be at risk for liability. Due to this continued risk, you need to make sure that you are properly covering your business with commercial insurance. When you have commercial insurance in place, you will receive the necessary liability coverage that is needed to give you peace of mind. 

Before you start your company in the West Chester, PA area, you should call Griffith Insurance LLP. The insurance team at Griffith Insurance LLP can help you to find a commercial insurance policy that gives you both the necessary asset and liability insurance coverage. This will provide you and your business with great coverage that properly protects against a variety of different risks. 

How can I protect my Pennsylvania home with insurance?

Buying a home in the West Chester, PA area is a great idea for many people. This area of the state is well known for having a good local economy and for being a great place to live. If you do choose to buy a home, it is vital to make sure that you are protecting it as well as you can. One of the best ways to do this is by getting a full home insurance policy as it can protect your home in several ways.

Protect Against Natural Disasters

While West Chester is generally a safe place to live, there is always a small risk of fires, bad weather, and other casualties occurring. Due to this risk, and the damage that they can create, you need to make sure that you are adequately insured. A home insurance policy will provide you with this type of protection to ensure you are covered if a disaster occurs.

Vandalism and Theft

Another item that you should have coverage for can include vandalism and theft. While it is a safe place to live, theft and vandalism can still happen in this area. When you have a quality home insurance policy, you will be covered for losses that you sustain due to either vandalism or theft. 

It is undoubtedly always a good idea to get home insurance for your property in the West Chester, PA area. Due to the importance of this type of coverage, you should make sure that you speak with the professionals at Griffith Insurance LLP whenever you are looking for a new policy. The insurance team at Griffith Insurance LLP can help youfind a home insurance policy that will adequately protect both you, your property and your personal belongings.