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.

How Umbrella Insurance Works

Having enough liability insurance is an important way to protect yourself and your finances from lawsuits and other costs. If you have some liability coverage, that doesn’t mean that you have enough. If you don’t have enough, an umbrella insurance policy can help. Give us a call at Everett Insurance in Glen Allen, VA to talk to an agent about the coverage you need. 

Getting More Liability Coverage

If you already have a home insurance policy and an auto insurance policy, both of those insurance types come with an amount of liability insurance. However, that amount is often much too small. If there were a serious accident that cost a lot in medical bills, your home or auto policy could max out and leave you with the rest of the bills. Umbrella insurance comes with a much higher maximum amount for your liability coverage. That allows for more of those bills to be paid by insurance instead of by you. 

Umbrella Insurance Policies

If there is an accident that happens either in your vehicle or in your home, your liability coverage is what pays for those medical bills and/or property damage bills. Your auto or home policy will come in quickly to assess the situation and pay for the resulting bills. If that isn’t enough to cover all of those bills, your umbrella insurance policy kicks in next. It has a much higher max amount, so it will cover even serious accidents so that you don’t have to. It’s a great way to protect your finances in case the worst should happen. 

Get Your Umbrella Coverage

If you don’t have a lot of liability coverage, and many people don’t, it’s a good idea to get umbrella insurance to add more. If you are interested in this kind of policy, call us at Everett Insurance in Glen Allen, VA to find out more. 

Why Every Business in Glen Allen VA Should Have Workers’ Comp Insurance

Can you imagine how your Glen Allen, VA business would operate without employees? It would be impossible. Your employees are the most critical component for the survival of your business. As an employer, you are responsible for your workers’ security and safety. While you have put measures to avoid work-related injuries, you can’t eliminate mishaps in the workplace 100 percent. For this reason, you need workers’ comp insurance from Everett Insurance to safeguard your most prized asset. 

 Here are reasons why every business in Glen Allen, VA, should have workers’ comp insurance.

To comply with the law

Virginia requires businesses with two or more employees to maintain workers’ comp insurance. This policy assists workers to recover from work-related injuries or illnesses. It also shields employers against civil suits filed by injured or sick employees. Non-compliance to workers’ comp insurance may result in civil fines and misdemeanor charges. 


Protects against lawsuits

Business owners are aware that any litigation can have negative impacts on their businesses. It can drain business finances, time, and energy. Litigation can also affect the business relationship with the employees, vendors, investors and clients. Workers’ comp insurance is a paramount safety net when it comes to lawsuits.

Preserves your business finances

Not many business ventures can survive the blunt of work-related injury costs. In fact, one substantial work-related injury can lead to unbearable financial ruin to your business. However, investing in workers’ comp insurance cushions your business against the financial burden of financing your employees’ medical care and meeting settlement claims. 

Protects your employees

Workers’ comp insurance pays for your employees’ medical expenses when your employee sustains work-related injuries. Besides, this coverage covers employees’ partial loss of income and can meet the employee’s funeral expenses.  

Procuring a salient workers’ comp insurance in Glen Allen, VA, is a prudent move to safeguard your employees and business entity. If you need workers’ comp insurance for your business, call or visit Everett Insurance to partner with us on your insurance journey.

Why should I get classic car insurance in Virginia?

If you are a car lover in the Glen Allen, VA area, there is a good chance that you dream of one day owning a classic car. Anyone who will purchase a classic car in this area of the state needs to spend the right time thinking about their insurance needs. A form of insurance that all classic vehicle owners need to get is classic car insurance as it offers unique protections.

Coverage For Actual Liability Risk

All drivers in Virginia, including those that have classic cars, need to maintain liability insurance. However, most people that drive classic cars only do so sparingly and therefore do not have as much risk as a typical driver. With a classic car insurance plan, you can provide information about your expected annual mileage, and your insurance plan can be built accordingly.

Coverage Protects High Value of Car

It would be best if you also got a classic car insurance plan because it is the best way to protect your investment in your vehicle. When you are looking to purchase a classic car, you will be getting one that you will want to increase in value over the years, which is different than other vehicles that typically decline in value. When you have a classic car insurance plan, you can get specific protection to ensure the car’s full value is covered.

A vehicle owner in the Glen Allen, VA area will want to have a classic car insurance plan. The team with Everett Insurance can help anyone assess their insurance needs and build an appropriate plan. When you call Everett Insurance, they will assess your situation and give you the support needed to choose your ideal classic car insurance policy. 

How Does Renters’ Insurance Work?

Renters’ insurance is often required by landlords when you are renting a place to live. If required, you often have a limited time after signing the lease to get this coverage in place. If you need renters’ insurance, call us at Everett Insurance in Glen Allen, VA. 

Insurance Protection for Belongings

When you have renters’ insurance coverage, it covers the items you own inside the rental. This covers those items whether they are ruined or destroyed. If you have expensive belongings, it’s usually recommended that you use your phone’s camera to document those items. An easy way to do it is to set the camera to video and walk around your home, documenting the items that are there. 

Coverage for Inhabitable Dwellings

If your rental should become destroyed or heavily damaged, your renters’ coverage will cover the costs associated with you moving to an inhabitable dwelling. This may include rent and other expenses that are needed when you have to move out of your home quickly. This coverage may also kick in when your dwelling is condemned or has another problem that makes it unlivable. 

Liability Protection

If someone comes into your home and has an accident or falls ill, you can be held liable for the ensuing expenses. However, your renters’ insurance includes some coverage for just that occasion. It pays those medical bills and keeps you from being sued and paying out of pocket for these expenses. 

Get Your Renters’ Insurance

If you rent a home and are not yet covered by renters’ insurance, give us a call. You can contact us at Everett Insurance in Glen Allen, VA. 


What Is an Umbrella Insurance Policy?

An umbrella insurance policy is a type of coverage that adds extended liability protection for policies that you already have. To learn more, call us at Everett Insurance in Glen Allen, VA to talk to an insurance agent. 

Home and Auto Coverage

Before you can get umbrella insurance, you need to have your auto and home insurance in place. With these two policies, there are low levels of liability coverage that generally are included. However, this small amount of liability insurance is rarely enough if there is a serious incident in your vehicle or home you are liable for. Umbrella insurance is a way of expanding that liability coverage to pay for a serious accident or other incidents. 

Extend Your Liability Coverage

The way that umbrella insurance works is up to the original policy, whether it’s auto or home insurance, to first pay for an accident. Once the policy has paid out to its maximum, umbrella insurance will then kick in. These policies have very high maximum payouts so that you aren’t likely to have to pay anything out of pocket with an umbrella insurance policy in place.

So, why not just expand your liability coverage on your auto and home policies? Because it’s extremely pricey to do so. Extending that coverage can significantly raise your rates, but getting an umbrella policy is relatively inexpensive. It’s an easier and less expensive way to expand that liability coverage to be ready if the worst should happen. 

Talk to an Agent

If you’re ready for umbrella insurance or want to find out more about it, call us at Everett Insurance in Glen Allen, VA to schedule a time to talk to an agent about this type of coverage. It may be a great way for you to save money on better coverage. 

Does Your Home Need a Flood Insurance Policy?

Having flood insurance can be an important part of protecting your home. Even if you’re not in a flood zone, where your lender would require the insurance, it can still be valuable. Not only does it add to your peace of mind, but it’s worth remembering that it can flood anywhere it rains. At Everett Insurance, we’re committed to helping customers in the Glen Allen, VA area get the right flood policies for their homes. That way, they’ll have the extra protection they need and deserve, so they don’t have to worry when it storms.

For homes that are in the flood zone and have a mortgage, a flood policy is required. Standard home insurance policies don’t cover floods, so the extra coverage is something a lender will ask for. Homes that aren’t in the flood zone, or homes that don’t have a mortgage, don’t have to have flood coverage. But it’s still a good idea to have a policy for those "just in case" kinds of issues. You’ll sleep better at night knowing that your home is protected, and if there’s a flood, you won’t lose your largest asset due to a lack of coverage.

If you’re in the Glen Allen, VA area, reach out to us today at Everett Insurance. We’re here to help you get the flood insurance you’re looking for. Whether you need to satisfy a lender’s requirements or you want to make sure you’re properly protected for your own peace of mind, we can help. There are options to consider for levels of coverage, and we’ll work with you to choose the one that’s right for your lifestyle and needs. Our agents can answer all your flood policy questions, too, so you can make an informed choice about your policy and your coverage levels.

How much life insurance is enough

Most people, especially when they are young, don’t spend a lot of time thinking about life insurance and how much is enough. The reality is that you probably have life insurance as part of a benefits package from your employer and unless something happens to bring it to mind, you assume that you have enough and just let it go at that. Deciding the type of life insurance you should get, and the amount you may need help with doesn’t have to be difficult. At Everett Insurance in Goochland, VA, after 86 years as part of the community, we are the trusted choice to help with life insurance and any other insurance you may need. 

Your requirement for life insurance is not the same throughout all the years of your life. Life insurance is something you purchase to protect your loved ones. When you are young and single, you may not care about leaving a lot of money for your parents. It would help if you had enough to pay any debts and pay for your final expenses. This may not require you have very much, and what you already have from your employer may be enough. 

As you add more responsibility to a spouse and family, your need to consider how much life insurance will be enough to keep them comfortable if you are not there to support them. Many things factor into this decision, your salary, how many people depend on you for support, and how long they need to be supported. 

As your children grow up and leave home, you will likely need less life insurance, but you may still have obligations. Life insurance is a safety net that has a place throughout your entire life.  

Contact Everett Insurance in Goochland, VA to discuss your life insurance needs.