What Does Renters Insurance Cover?

by Administrator 21. March 2016 11:22

Most landlords have an insurance policy to safeguard their property in case of any untoward incident or natural calamity. However, the landlord’s insurance policy does not provide any coverage for the personal possessions of a renter. This is the reason why it is imperative to buy a renters insurance policy.

Below is a list of different kind of coverage options provided under the renters insurance policy:

  • Personal property coverage: In this case, you will be offered coverage for your personal belongings if they are stolen or get destroyed in a fire, storm or any other calamity mentioned in the policy. This is crucial because you can easily repair/replace your damaged or stolen goods with the money provided by your insurer. However, you may need to take extended coverage for expensive items such as jewelry, silverware etc. Although extra coverage can increase your deductible, but insuring your expensive items is beneficial in the longer run.
  • Liability coverage: The provision of liability coverage given under a renters insurance policy will provide protection if you are sued by an outsider who is injured in your home. For instance, a guest can trip or fall while climbing the stairs in your home or injure himself with a faulty appliance. All the expenses associated with the case proceedings will be covered under the renters insurance policy.
  • Coverage for stuff stolen outside property: If your belongings get stolen outside the premises of your home, a renters insurance policy will provide you coverage. However, there may be limits to the amount of coverage provided and the areas where the policy will be applicable. 
  • Additional living expenses: A renters insurance policy will provide for all the living expenses in case there is a fire or water pipe burst that destroys your rental home. You will be paid all the expenses for the time period you have to stay elsewhere while your home is being repaired. This includes all the expenses including hotel bills.
  • Damage caused to someone else’s property: There can be an instance where you accidentally damage some other person’s property. For example: you could damage the plants in your neighbor’s yard while playing baseball in the street etc. In this case, your renters insurance policy will provide for the damage caused by you.

We, at Shawn Camp Insurance Agency, Inc., provide comprehensive renters insurance in Killeen, TX. For more information, you can call us at (254) 526 – 0535 or visit 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

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Stay Protected With Motorcycle Insurance

by Administrator 14. March 2016 11:01

Motorcycles are expensive and must be protected against harm. While on the road, there may be many things that can go wrong with the vehicle. Insurance gives a sense of security and guarantee in case the motorcycle is damaged in an accident or requires repairs. It is best to insure against all eventualities so one does not get burdened with financial liabilities in case of a mishap. Motorcycle insurance is also like auto insurance where there will be a set limit up to which the company will pay and the rest will have to be paid by the owner.

  • Claims: When involved in an accident or breakdown, it is advised to immediately get in touch with the insurance agent. He will come and assess the situation to determine the liability accrued to the policy holder.
  • How much is enough: Based on the make and usage of the bike, one may decide on what type of insurance policy one would like to take. There could be a standard policy and if the bike is premium, one may customize the policy to include features suited to their needs.
    • Personal injury coverage: This insurance pays for any bodily harm caused to the rider while riding the bike.
    • Property damage liability coverage: If the bike causes any harm to someone else’s vehicle, property or other structures, this cover will help to pay for those damages.
    • Collision cover: If the bike is involved in any sort of collision with another vehicle, pole or divider, this cover will pay for damages caused to the motorcycle.
    • Medical Payments: All hospital bills, doctor fees get covered under this. One may take this for personal claim or for the injury caused by the vehicle to pillion rider or third party.
    • Theft and Vandalism cover: This helps if you frequently use your bike for trips where it may have to be parked at unknown locations.
    • Customized parts: This covers damage or repair of any customized parts in the bike like GPS system, accessory socket etc.
    • Roadside assistance: In case of breakdown of the bike, roadside assistance helps in towing and repair of the vehicle.

It is recommended to consult an insurance agent and work out the best policy according to your individual needs. He will help you to compare policies and evaluate the discounts offered by various carriers before signing a policy.

We, at Shawn Camp Insurance Agency, Inc., can help you find suitable motorcycle insurance in Killeen, TX. For more information, you can call us at (254) 526 – 0535.

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Motorhome Insurance Buying Guide

by Administrator 7. March 2016 10:03

Motorhome Insurance is quite similar to car insurance in terms of legal documents required and a third party liability cover; however there are some essential factors which are markedly different. Motorhome is basically a home on wheels and you may have your personal items in it all the time. It is important that you keep all these belongings in mind while buying an insurance cover.

An insurance agent may consider one or more of the following factors while deciding on your exact coverage:

  • Age and medical history of driver/drivers
  • Pattern of usage (terrains or climate)
  • Condition and mechanical upkeep of the motorhome

Kinds of insurance coverage available:

  • Comprehensive coverage: This provides you protection against any damages that may occur to your motorhome in case of non-collision incidents. This may include fire, theft, vandalism or weather related.
  • Accident coverage: In case your motorhome is involved in an accident, you will be covered against expenses to repair damages to your vehicle. Based on your usage patterns, you must buy sufficient accident coverage.
  • Third party liability coverage: If your motorhome injures a person or damages someone’s property/vehicle, the insurance company will cover you against the monetary compensation which you are liable to pay. This may include medical bills or repair costs incurred by the party.
  • Personal items coverage: From kitchenware and clothing to electronics and tools- all items that have been listed as part of content of your motorhome will be covered under this head.
  • Camping equipment coverage: If you are using your motorhome for frequent camping, it is best to insure them as expensive gear in your motorhome may attract thefts.
  • Key care coverage: If the keys or access system to your motorhome is lost or vandalized, the coverage will protect you. This is important as your motorhome may be parked overnight at unknown places with a high crime rate.
  • Medical payments coverage: In case of accidents, personal injuries to you or your co-passengers will be covered under this. Medical bills, funeral expenses, etc. may be part of this cover.

A motorhome is a big investment and often forms an integral part of family outings and experiences. Make sure you ask your insurance agent of exact cover amount that you are entitled to under each head.

For comprehensive motorhome insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. at (254) 526 – 0535 or visit 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

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