Should I get life insurance in West Chester?

People that are in the West Chester, PA area need to understand and evaluate their personal insurance needs and options. A form of coverage that is ideal for many in this area is life insurance. There continue to be a variety of reasons for the typical person here to get a life insurance plan. 

Provide Financial Protection

A reason that people here will need to get a life insurance plan is so they can provide financial protection to those that they care about. When you get a life insurance policy, you are able to build and size it based on the financial needs of those that rely on you and your income. This can ensure that they will be cared for even if you were to pass away. 

Alternative Investment Option

Another advantage that people can enjoy when getting life insurance is that it is a good investment alternative. One popular form of life insurance coverage is a whole life insurance plan. This is a unique form of life insurance that will allow you to contribute some of your monthly payment into an account that builds with interest. It offers a low-risk option, which can make it a good addition to your investment plan. 

As you are looking for a life insurance plan in the West Chester, PA area, there are a lot of choices that will need to be made. If you are looking for a life insurance plan in this area, Griffith Insurance LLP can offer the support that is needed to build and choose a new plan. Griffith Insurance LLP is able to do this by helping you assess your needs and explaining all options. This will ensure you are able to build a plan that is ideal for your situation. 

4 Benefits of Pennsylvania Motorcycle Insurance

Cruising along the Pennsylvania open roads with your bike is what life is all about: the adrenaline rush, the rumble of your engine, and the wind blowing your face. Riding a motorcycle is something that words can’t aptly describe. However, while immersed in the biking world, one thing you don’t need to forget about is motorcycle insurance. When you purchase motorcycle insurance from Griffith Insurance LLP of West Chester, PA, you will enjoy the below benefits.

Compliance with the law

A motorcycle isn’t only compulsory, but you are also required to carry the below minimum liability coverages by the Pennsylvania State:

  • Bodily injury liability: Covers medical costs for injuries you cause to others in an accident. The required minimum is $15,000 per person and doubles the amount for accidents involving multiple persons.
  • Property damage liability: Covers property damage to other people. The state-required minimum is $5,000. 

Asset protection

The world of bikes has unlimited possibilities. Depending on what you intend to utilize your bike, it can cost you thousands of dollars. But whether your bike is expensive or modest, you need motorcycle insurance to protect your investment from loss or damage when disaster strikes. Motorcycle insurance pays for repairs and replaces your bike in case of total loss. 

Liability protection

Just like your vehicle or boat, accidents are never far from your bike. You could hit a pedestrian, or you could collide with another motorist. Without motorcycle insurance, you could be faced with out-of-pocket property damage and bodily injury liabilities. Worse yet, you could face legal suits if the aggrieved party sues you. 

Peace of mind

Whether riding your bike for fun or running errands, you don’t want to clog your mind with what would happen after an accident. Purchasing motorcycle insurance offers you inner peace, knowing that damages and bodily injuries are taken care of. 

Buy motorcycle insurance today!

Are you shopping for motorcycle insurance in West Chester, PA? Please look no further than Griffith Insurance LLP. Contact us today for an affordable quote. 

What Is Boat Insurance And What Does It Cover?

Boat insurance offers coverage to a sailboat, motorboat, or personal watercraft if it is stolen or damaged by a covered peril stated in your policy document. Boat insurance is not mandatory in Pennsylvania but acquiring boat insurance is paramount when exploring Pennsylvanian waters. 

You will enjoy the water, even more when you are not worried about the safety of yourself, your passengers, or your precious investment. West Chester, PA residents enjoy boating escapades throughout the region. As such, several residents have invested significantly in their watercraft vessels, thus requiring splendid protection for their investment and money with a spectacular boat insurance policy.

Types of boat insurance

Alertness in water is a paramount survival tactic as far as boating escapades are concerned. Regrettably, the aftermath of even a tiny lapse in judgment can result in a boat accident. As a matter of fact, statistics reveal that about 86 boating-related accidents in Pennsylvania do happen each year.

Fortunately, when you obtain boat insurance from Griffith Insurance LLP, the below options give you optimal coverage in and out of the waters.

  • Uninsured or under-insured boater liability: This policy protects you and anyone else using your watercraft for bodily injury and property damage caused by another boater who is inadequately insured or uninsured.
  • Equipment coverage: Some policies will accord you room to add coverage for special equipment such as high-valued fishing gadgets.
  • Disablement coverage: This coverage will cater to the costs of towing and conducting certain repairs if your watercraft becomes disabled.
  • Property damage liability: This policy safeguards against damage you may inflict on a third party’s property.
  • Medical payments coverage: This policy provides medical expenses such as hospital bills and medication arising from an accident and you or your crew is injured.

Make sure that your watercraft vessel is covered in West Chester, PA! Contact us or visit our Griffith Insurance LLP offices and get detailed information about boat insurance.

 

Basic Facts To Consider While Researching Umbrella Insurance

Griffith Insurance LLP provides coverage to the West Chester, PA community. We offer our clients multiple types of policies. We strive to ensure that our clients find the coverage they need to protect their most valuable assets. For over 20 years, we have served as a local independent insurance agency.

Basic Facts To Consider While Researching Umbrella Insurance

Umbrella insurance is a valuable asset because it allows you to have an extra protection layer when you need it most. Accidents can happen at any time. If you are held liable for a serious accident, your assets could be at risk. Your traditional liability coverage may not be enough to support you if you are involved in a liability dispute. Umbrella insurance can help you navigate the process and ensure that your most important assets will not be at risk of being taken from you during litigation. Here is a look at some basic umbrella insurance facts.

Umbrella Insurance Is Supplemental Coverage

Remember that umbrella insurance is supplemental coverage. It is not intended to be used as a stand-alone policy. If someone gets injured at your West Chester, PA residence, your traditional liability coverage will kick in initially. If things escalate, you can rely on umbrella insurance to help you protect your assets.

Umbrella Insurance Assists You In Non-Traditional Ways

Many people use umbrella insurance to protect themselves during a home or auto liability dispute. However, umbrella insurance can also protect you if you face allegations of slander or defamation of character. Umbrella insurance is a versatile form of coverage.

Griffith Insurance LLP Will Help You Protect What Matters Most

Visit our website to learn more information about umbrella insurance.

What Typically Happens After You File an Auto Insurance Claim?

After a car accident, it is normal to feel anxious about the next steps. However, our team at Griffith Insurance LLP wants to make the process a little easier for our policyholders in West Chester, PA.

When the moment has calmed down, the first step is to call us and find out how to file a claim with your carrier. From there, we’ve put together this list of next steps to be aware of. Keep reading to learn more.

Common Next Steps After Filing an Auto Insurance Claim

While each auto insurance company does things a little differently, most follow the same path. The most common next steps after filing a car accident claim include:

  • Your adjuster discusses coverages and the status of the claim. They will tell you what your deductibles are, who is at-fault for the accident, and other pertinent information. If you’re the one liable, they’ll also go over what coverage you have to take care of the other person.
  • You’ll meet with an auto damage adjuster to inspect your vehicle. Sometimes this is a situation where they want you to get estimates from a body shop, but most often, they’ll send a claims employee out to document the damage and write an estimate.
  • A check is issued for repairs. This is when a check is issued for repairs. If you have a lien on the car, it gets a little more complicated. But you’ll be expected to take the car in to get fixed as soon as possible.
  • You pay your deductible directly to the body shop. The check you received from the insurance company should have that figure already subtracted. That’s why you pay it directly to the body shop when repairs are complete.

Having Quality Auto Insurance Coverage Matters

Having adequate auto insurance coverage is an important part of staying legal on the streets of West Chester, PA. If you’re ready to find the right policy for your needs, please contact us at Griffith Insurance LLP today.

Required Commercial Insurance Policies in Pennsylvania

In Pennsylvania, businesses are required to have two different commercial insurance policies in most cases. These policies are required to legally do business in Pennsylvania, but other commercial insurance types are recommended for businesses of every size. If you need commercial insurance, contact us at Griffith Insurance LLP in West Chester, PA to find out more about these policies. 

Commercial Auto Coverage

As many do, if your business owns a car, it cannot be covered by a personal auto insurance policy. It must have a commercial auto insurance policy in place. This comes with specific minimum coverage amounts for liability for bodily injury for one person as well as a different amount of bodily injury liability for everyone injured or killed in the accident. This insurance must also have a specific minimum amount of coverage for any property damage you are liable for. A specific amount for medical benefits is also required. These minimum amounts are relatively small, and getting more insurance coverage is often recommended for businesses. 

Workers’ Compensation Coverage

If your business has any employees who are not business owners, each of these has to be covered by workers’ compensation insurance. This type of coverage covers your liability for medical bills if the employee should get sick or injured while at work. It is protection for the business, as it pays out those bills you’re liable for. It also protects the employees, as it provides money for their medical bills if they should become sick or injured.

Get Your Commercial Insurance

If you own a business, it should never be without its required insurance. The risk of lawsuits and sky-high medical bills is too much. If you need commercial insurance policies, call us at Griffith Insurance LLP in West Chester, PA to get started.

Do I need home insurance in Pennsylvania?

People that live in the West Chester, PA area often choose to purchase their own home as it offers many different short and long-term benefits. For those who do live in this area of the state, investing in a home insurance policy is a great option if you choose to purchase a home. There are several reasons that the typical owner will need to have a quality home insurance policy in place. 

Insurance Offers Liability Coverage

One reason that you will want home insurance is that it will give you liability protection. As a property owner, you are going to take on some level of liability risk regularly. You could be found liable if someone is hurt while on your property or if you or your home causes damages to another home. If you get a proper home insurance policy, you will receive the coverage needed to mitigate this risk.

Coverage is a Requirement

You will also want to get home insurance because it is commonly a requirement. Anyone in this area that takes out a mortgage will have to comply with their lender’s insurance requirements. A mortgage lender will have specific home insurance requirements, which are designed to protect the bank’s collateral. In many cases, you will have to fund an escrow account each month to ensure coverage remains in place. 

When you move to West Chester, PA, and want to protect your property, you should call Griffith Insurance LLP as soon as you can. The insurance professionals with Griffith Insurance LLP will understand how this type of insurance can protect you. We can also assess your individual situation and figure out how to build a policy that will properly meet all of your needs. 

Three reasons why you need flood insurance

We offer flood insurance policies in West Chester, PA at Griffith Insurance LLP. There are numerous reasons why it’s important to have flood insurance. The following are three reasons why you need flood insurance to cover your Pennsylvania home.

Floods can cause extensive damage to a home.

Homeowners need to understand just how damaging a flood can be. A flood can cause damage in numerous ways.

Flooding can cause water damage in a home. This can lead to mold growth as well as structural weakness in a home. Flooding can also cause damage to a home’s plumbing and sewage system. 

These are just a few of the possible types of home damage that flooding can cause. 

Floods are America’s most common natural disaster.

American homeowners need to understand how common flood damage is to homes in this country. In fact, floods are the most common of all-natural disasters in the United States.

Even if you don’t live in a flood zone, flood damage poses a real threat to the value of your home. That’s one of the key reasons why you need flood coverage. 

Flood insurance might be more affordable than you thought. 

Another reason why it’s good to buy flood coverage is that it isn’t always particularly expensive. This is especially true if you can get flood insurance that’s subsidized by FEMA. FEMA helps American homeowners who meet certain requirements to enjoy financial coverage for flood damage. 

It’s important to understand your options when you’re buying flood insurance in West Chester, PA. If you have questions about flood insurance, we can help you find the answers you’re seeking at Griffith Insurance LLP. Contact us to learn more. 

Protect Your Space and Belongings With Condo Insurance

When you live in a home, you need a homeowners’ insurance policy, but what about when you choose a condo? Fortunately, you can get great coverage that’s tailored to your specific type of residence and style of living. Condo insurance protects your belongings and also the interior of your space. But it typically doesn’t cover the rest of the structure, such as the exterior of the building or the outside wall of your particular condo, because those aren’t considered yours. They belong to the condominium company or association that owns the building or is shared with other people and considered community-owned.

At Griffith Insurance LLP, we can help you with the insurance policy you need for your condo. If you’re in the West Chester, PA area, we know it’s not always easy to find the kind of quality coverage you’re looking for. We want to help with that and make sure you have the right type and level of coverage that protects your condo the right way. We also want to make sure you understand the differences seen with condo policies as opposed to traditional home insurance, so you can be an informed consumer who’s comfortable with their insurance coverage.

If you’re in or around the West Chester, PA area, reach out to us today at Griffith Insurance LLP, and let’s talk about the condo insurance policy that’s right for your needs. We’ll be ready to help you get the kind of insurance that’s best for you and make sure your belongings and the inside of your condo space are protected in ways that keep you safe now and in the future. We can also make changes to your policy if you feel you want something different or need a review of what you have, or if your life circumstances have changed.

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.