Protect your classic car investment

Owning a classic car can bring a lot of joy to your life! The team at Everett Insurance here in Glen Allen, VA is ready to help you protect your investment. We know that a classic car is more than just a hobby. Let us help you find the vehicle policy that is right for your classic car insurance needs.

Protecting your classic car with the right insurance policy

Owning a classic car comes with a significant financial investment. Because of this, you will need specialized classic car insurance. If you want to keep your kit, hobby, or antique car safe from harm, be sure to obtain an appropriate policy for your needs.

Several different factors go into insuring this type of vehicle. Your insurance agent will want to know how many miles you typically drive it, where it is stored, and if you participate in car shows, rallies, or other similar events. 

Working with an insurance agent that understands these unique needs can help you find the right policy at the right coverage level. Don’t wait to find out that you don’t have the coverage you need!

Whether you are looking to purchase or build a specialty car or you want to upgrade your current policy, sitting down to review your options is a great first step. Now is a perfect time to secure the right policy to keep your classic car fully protected!

Come and meet with us today!

If you live in the greater Glen Allen, VA area and want to protect your classic car, it’s time to meet the team at Everett Insurance. We can help you find the policy that will best meet your needs. Give us a call or stop by today!

Is renters insurance required in Virginia?

Renters insurance is a line of insurance that helps renters to mitigate the risk they face of a peril damaging or destroying their rental unit. In the US, only about 40% of renters carry renters insurance. At  Everett Insurance in Glen Allen, VA, we want to make our customers and all renters aware of the significant risk they are taking without any protection. 

In Virginia, no law requires renters to purchase renters insurance. But, that does not mean your landlord or management company won’t require you to have it. Read your lease carefully to ensure that you get insurance if required. Even if you are not required to have renters insurance, it is something you should consider having. It offers several different types of protection. 

Content coverage

As a renter, much of what you own is likely in your rental. Would you be able to replace everything if it was lost to fire? If the answer is no, that would be a challenge. It would be best if you had another way to replace them. The most obvious is to have renters insurance. It is affordable and, depending on the kind of content coverage you choose, can provide the funds you need to replace your property. 

Liability coverage

Liability insurance protects you and your assets from something that may have gone wrong. Someone could be injured at your home, have medical bills, and decide to sue. That could result in a judgment against you. 

Loss of use

If your rental is damaged so severely that you can no longer live there, you need the money to stay at a hotel and, if necessary, get a short-term rental. This coverage can be a lifesaver. 

Contact  Everett Insurance in Glen Allen, VA to learn more about renters insurance.

What umbrella insurance buyers need to know about liability coverage

If you think you need umbrella insurance, you’re probably right. Umbrella insurance is a low-cost way to obtain a massive amount of liability coverage. While your home, boat, and auto insurance are designed to cover losses, they are not always adequate to cover expensive claims like a lawsuit. 

Accidents in Glen Allen, VA can be pretty expensive, especially if they involve multiple cars. That’s why Everett Insurance recommends buying umbrella insurance to take over when your auto or home insurance policy reaches its liability limits. Here are a few things you should know about this policy.

You can protect your business

Also known as “excess liability,” umbrella insurance can be used as personal and business coverage. To protect your business or commercial property, you can purchase commercial umbrella insurance to cover lawsuits that result from operating your companies.

You need extra liability coverage

Whether you’re a motorist, business person, homeowner, or a parent in Glen Allen VA, you will always face a certain amount of risk in life that could present a liability claim or lawsuit. If the worst happens, umbrella insurance can take care of your financial needs as you focus on what matters to you the most.

Not all lawsuits are covered

While umbrella insurance is designed to cover all lawsuits, there are specific exceptions, such as criminal activities or intentional acts. Deliberate acts of harm such as sexual harassment, discrimination, assault, and other property and bodily harm are considered acts of malice and may not be covered.

You could lose everything without umbrella insurance

It’s easy to ignore umbrella insurance if you have standard policies like home insurance and auto insurance. However, if you cause an accident involving multiple cars, the damages and injuries can quickly add up, and the compensation cost can go as high as several million. Unless your auto insurance liability limits exceed several million, you should probably buy umbrella insurance.

To get yourself the most reliable umbrella insurance, talk to experts at Everett Insurance. We’re always looking forward to helping you stay covered and protected. Call us today!

Do All Homeowners Need Flood Insurance?

It doesn’t take a Hurricane Katrina (the one of 2005) to understand the danger of floods in America. Floods are ever-present throughout the year, and those without flood insurance usually find themselves in a tight spot because typical home insurance doesn’t cover floods. Only those with mortgages are likely to come out on top because most mortgage providers insist on flood insurance, especially if you live in a high-risk flood zone.

That’s enough introduction for now. Let’s go straight to the question: Do all homeowners need flood insurance? The short answer is yes. As you will find from Everett Insurance of Glen Allen, VA, flood insurance is must-have insurance for all homeowners — and it’s not because of any law. Let’s look at the reasons why every homeowner should invest in flood insurance.

Floods can strike anywhere… and anytime

You don’t have to live along the coastline to be at risk of floods. Where it rains, it can flood. Flash floods are common in America, meaning you only have a false sense of security if you aren’t near any water body.

It may be required

As mentioned, you don’t have an option if you live in a high-risk flood zone, and you have secured a mortgage from a federal-regulated lender. If you are in such a situation, you must carry flood insurance throughout the year until your loan is fully paid.

Home insurance won’t help you

You don’t have to wait for the ugly heads of floods to rear on you so that you can invest in flood insurance. Get it from us now — home insurance doesn’t cover flood damage. You must get flood insurance from NFIP or private carriers to get optimal coverage from floods.

Flood insurance in Glen Allen, VA

Need to protect your home from floods? The best way is by purchasing flood insurance. Contact Everett Insurance today for affordable coverage.

Winter driving tips for VA residents

Even though our area of Glen Allen, VA may not get a lot of snow, it still makes sense to prepare for winter driving conditions. Everett Insurance is here to help you get through the upcoming winter season safe and sound!

Tips for safe winter driving

If you have to drive in foul weather, make sure that you set yourself up for a safe trip. These tips can help you prepare for driving in all types of weather. 

  • Check your fluids – make sure that fluids such as antifreeze and windshield wiper fluid are full and ready to go. We recommend keeping an extra container of windshield wiper fluid in your vehicle during the winter months.
  • Make sure your tires are ready to go – safe driving on slick surfaces requires tires that are in good condition. Have yours checked and replace those that are worn out, have dry rot, or are unsafe.
  • Confirm your roadside assistance coverage – there’s nothing worse than being stuck during inclement weather. Now’s the time to make sure that your roadside assistance protection is in place.
  • Avoid driving in foul weather – no one wants to drive when it is stormy out, but if you must venture out, be sure to allow yourself enough time to get to your destination safely.

Count on us for your auto insurance needs!

If you have any questions about your current auto policy or are in the process of buying a vehicle, turn to Everett Insurance for all of your auto policy needs. We are proud to serve our friends and neighbors in the greater Glen Allen, VA area. Call or stop by today!

What Is Business Interruption Insurance and Can It Help You?

Essentially, business interruption insurance helps businesses pay bills during a disaster or when they are closed for repairs. It can be added to a standard business insurance policy to increase overall protection. If you are displaced from a disaster and need to pay for expenses while your building is repaired, business Interruption insurance can cover you. This kind of insurance is useful for loan payments, keeping your employees paid, and paying for extra expenses like rent during temporary displacement. Without this type of insurance, you may find it hard to keep operations functioning while paying growing out-of-pocket expenses.

The agents at Everett Insurance of Glen Allen, VA can help you understand business Interruption insurance and whether it is right for you. With this coverage, you can keep your business operations going during a disaster or other events that cause your business to close for a period of time.

Can Business Interruption Insurance Help You?

Many business owners use this type of insurance to cover expenses during difficult times. It can be extremely useful in keeping your business functioning, even if you are not open. Unforeseen events like fires, flooding, vandalism, Damage from riots and other unique interruptions may also be included depending on your policy. Some aspects of business interruption insurance that can help you include:

  • Lease payments, rent, or mortgages
  • Day to day bills
  • Temporary relocation expenses
  • Employee payrolls

Quality Insurance Options in Glen Allen, VA

Give us a call or use our online portal to get in touch with us at Everett Insurance located in Glen Allen, VA. Our representatives are here to help you get quality insurance coverage to protect yourself, as well as your business operations and assets.

Does Home Insurance Protect Your Garage?

Your garage may house some of your most prized possessions. From a classic sports car to your childhood mementos, the items you keep in your garage may be extremely valuable. While homeowners insurance may cover treasured items in your home, what about your garage and the items inside it?

Everett Insurance, which serves Glen Allen, VA, understands that you want the most protection for your home, including your garage. Here’s what you need to know about garage protection.

The Physical Dwelling May Be Covered

In most homeowners insurance policies, all aspects of the home are covered. This includes all structures attached to the home. Even a detached garage or shed could be covered so long as the building is used for personal and not commercial use. If you use your garage for commercial purposes, you should speak with an insurance agent to make sure you have adequate coverage.

Property Inside the Garage Is Often Covered

When you buy a homeowners insurance policy, the items inside the garage are also often covered. It is important to know the limits of your insurance policy, as each policy has a different threshold regarding the value it can cover. For example, you likely need to check your policy to see if your classic car or jewelry will be completely covered. If not, you may want to increase your insurance policy for the most protection.

Check Out Your Homeowners Insurance Policy

Are you unsure what your homeowner’s policy covers? Now is a good time to read your policy and get to know your coverage. If you live in Glen Allen, VA, check out Everett Insurance today to see what kind of policy is right for your home.

Workers’ Compensation Insurance: FAQs

Workers’ compensation insurance is designed to protect business owners and employees alike. This business coverage pays for medical expenses when an employee suffers an illness or injury at work. Here at Everett Insurance, we know many Glen Allen, VA residents may not be too familiar with the ins and outs of this coverage, so we wanted to share some frequently asked questions about workers’ comp insurance.

What Does Worker’s Comp Insurance Generally Cover?

In order to recover these benefits, workers must suffer an injury or illness while performing duties within the course description of their job. Workers’ compensation insurance pays for medical treatment for work-related illness or injury. It may also pay for lost wages that result from being unable to perform usual work duties.

How Can Business Owners Benefit from Workers’ Comp Insurance?

In order for employees to take advantage of the benefits that workers’ compensation insurance has to offer, they must first agree to avoid seeking additional compensation in court. Therefore, this type of insurance coverage helps to reduce the risk of lawsuits, liability amounts, and legal fees for business owners. In addition, it helps to cover workplace injuries that owners may suffer.

Does an Injury Have to Occur on Business Premises in Order to Be Covered?

As long as the illness or injury occurs while the employee is performing job-related responsibilities/duties, it does not matter where the illness or injury occurs. For instance, if an employee suffers an injury while running a workplace errand, the incident should be covered. If an employee suffers an illness while attending a mandatory work-related dinner, the incident should be covered. There are many instances when an illness or injury can occur off business premises and still be covered under workers’ compensation insurance.

If you are interested in designing a workers’ compensation insurance policy for your Glen Allen, VA business, contact us at Everett Insurance. We have helped many business owners protect their businesses and would love the opportunity to help you protect yours with the right insurance coverage.

What Are The Different Types of Classic Car Coverage?

The city of Glen Allen, VA recognizes a vehicle as a classic, antique, or vintage motor car when it is more than 25 model years old. Although these vehicles are driven less frequently than a standard passenger car, they are still required to be insured with minimum liability insurance. Because classic cars are treated differently, Everett Insurance has put together this guide to classic car coverage options. 

Agreed Value Plans

Classic cars typically won’t lose value as they age. This means they are not subject to deprecation. An agreed value plan pays out the amount the vehicle was worth when this policy was signed if the vehicle is totaled, regardless of how much time has passed.

Spare Parts Plans

The older a vehicle is, the harder it is to find back up parts. A spare parts plan provides these parts in the event they are damaged or stolen. 

Tiered Mileage Plans

When a classic car is not your primary vehicle, you can opt for a tiered mileage plan. By agreeing to limit the number of miles put on the vehicle every year, you may pay a lower overall rate or avoid a deductible. Rates are determined by the insurance provider.

Auto Show Plans

If you plan to display an antique car at an auto show, these plans are an excellent choice. Medical plans can be especially useful in the event someone injures themselves at an exhibit your car is featured in. 

Worldwide Coverage Plans

The standard insurance policy limits coverage within the United States. If you plan to take your classic vehicle out of the country, worldwide coverage is an important option to have. 

Remember, even classic cars are subject to an uninsured motor vehicle fee in Glen Allen, VA. Let Everett Insurance make sure you’re covered today!

How Renters’ Insurance Works

If you have a home that you rent from a landlord, it’s vital that you have a renters’ insurance policy for the entire time that you live there. There are several kinds of insurance coverage available in one of these policies, and it’s all-important protection for renters. If you need this insurance for your rental, contact us at Everett Insurance in Glen Allen, VA.

Protect Your Possessions

One of the types of coverage provided by a renters’ policy is protection for all of your possessions that are inside your rented home. When you have this insurance, you can get help with replacing your items if they were to be ruined or completely destroyed. It’s always a good idea to have this coverage as it may be necessary someday for you to use it. Disasters and accidents happen all the time, and you don’t want to have to begin again from scratch. 

Protect Your Liability

A renters’ policy will also come with some coverage for your liability. If you were to have someone into your rental, and that person was to get injured or sick there, you may be found liable for their medical bills. This coverage type covers those bills so that you won’t have to pay from your own pocket. It’s an important protection for your finances and to protect you from lawsuits. 

Protect Your Living Arrangement

When you rent, you don’t have to ensure the rented space, as the landlord is responsible for that. However, if your rental were to be badly damaged and unlivable, your renters’ policy will pay for you to live somewhere safer while the repairs are being made. This helps you to preserve your standard of living.

Get Your Renters’ Insurance

If you rent and don’t yet have your insurance policy, call us today at Everett Insurance in Glen Allen, VA.