What Does RV Insurance Cover?

by Administrator 19. December 2014 08:12

Recreational Vehicles, or RVs, are a very useful vehicle for people who love camping or travelling across long distances. As it involves a big investment it should be insured properly. Many insurance options are available for an RV, depending upon its type and use.  Here are some of the vehicles that are covered under RV insurance

  • Class A Motorhome: A large house on wheels Class B Motorhome: Comparatively smaller, van sized vehicle
  • Class C Motorhome: Medium vehicles, called as mini-motorhomes
  • Travel Trailer: Towable mobile home attached to a trailer glitch
  • Truck Camper: Attached to the crib of a truck

What Does It Cover? 

  • Bodily Injury: This provides coverage for your medical bills in case you suffer an accident while traveling on your RV.  Collision And Comprehensive
  • Coverage: Collision coverage helps to pay the damages caused to your RV in an accident in which you are at fault. On the other hand, comprehensive coverage pays for a loss in case your RV is stolen or damaged due to vandalism, fire or falling debris.
  • Uninsured Or Underinsured Coverage: If you have damaged your RV due to an accident by an unidentified, uninsured or underinsured driver, this coverage options helps to pay for the repairs. It also meets the expenses of medical bills and lost wages and other damages caused to you or other passengers present at the time of accident. 
  • Medical Payments Coverage: It pays for the medical costs incurred by you or other victims at the time of an accident, irrespective of who is at fault.
  • Roadside Assistance: If your RV breaks down unexpectedly, this coverage option will provide help needed for towing and dropping the car to a nearby repair shop.  It also provides an increased protection that includes any expenses caused due to trip interruption in case you have traveled more than 50 miles from your home. 
  • Liability Coverage: Also known as property damage liability, it provides coverage for damage to others’ property due to an accident caused by you. We, at

Shawn Camp Insurance Agency, Inc., provide comprehensive insurance plans for your RV. Our agents will carefully analyze your needs and budget and then lay out the best coverage options for you. For more information, you can call at (254) 526-0535 or visit us at 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.

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What Type Of Motorcycle Insurance Do You Need?

by Administrator 12. December 2014 14:55

If you own a motorcycle then it is mandatory for you to get the motorcycle insurance. Riding a motorcycle without valid insurance coverage is illegal and you may face conviction for it. However you need to understand the different types of motorcycle insurance covers available in the market as every rider has different needs and usage of the vehicle. Thus it is essential that you access your requirements in order to decide the type of insurance that you should buy.

Here are a few different types of motorcycle insurance:

  • Fully Comprehensive: This is the costliest type of cover that offers maximum security. It covers you against damage to a third party and their property, bike being set on fire, being stolen, and any type of damages to the bike due to vandalism, flooding, etc.
  • Third Party Only Insurance: This basic type of motorcycle insurance covers you against the damage to a third party’s property, or themselves in case you are involved in a collision. It does not cover motorcycle repairs or any medical bills for injuries that you suffer due to collision. The insurance will also not cover you against your bike being stolen or set on fire.
  • Third Party Theft & Fire: This insurance type is similar to third party only insurance. The only difference is that it covers your bike for fire and theft. It also pays for the retrieval and restoration of your bike after damages.
  • Personal Injury Protection: This insurance cover pays for the medical costs to you and the co-passenger without considering who was at fault.
  • Bodily Injury & Property Damage Liability Coverage: It covers damages incurred by the other party when it was your fault.
  • Custom Parts & Equipment: This insurance policy covers the custom parts and equipment that you have use in your bike.

The insurance price is less for bikes that are parked in a secure place as is for bikes with an alarm system and lower mileage. If you have completed a motorcycle-riding course from any institute then also you can claim a low priced insurance. However you must take good care of your motorcycle and keep your driving record clean to ensure that you get a cheap quote from the insurance provider. The type of coverage also depends upon the state where the bike is registered. Also most insurance providers do not offer coverage for modified and custom bikes.

we, at Shawn Camp Insurance Agency, Inc. provide unmatched motorcycle insurance deals to the clients in Killeen, TX. We have customer centric approach and offer different types of insurance covers to suit all motorcycle riders.

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Checklist For Renters Insurance In Killeen, TX

by Administrator 5. December 2014 10:31

It is very important for tenants to apply and obtain renters insurance as it provides coverage for personal possessions, liability protection and additional living expenses of the renter.  Renters insurance is an important financial protection for the tenant and his belongings in case of the crisis, theft or a natural calamity.

Some of the things that should be kept in mind while choosing a renters insurance are given below:

Regarding coverage for personal possessions

  • Determining the value of insurance: A list of the renter’s possessions and their estimates value would help in determining the value of insurance that needs to be bought.
  • Replacement cost vs  Actual cash value coverage: Replacement cost policy pays for the replacement of the lodger’s belongings. The actual cash value coverage takes depreciation into account as well. The replacement policy is usually 10% higher than the actual cost policy.
  • Scope of renters insurance: Floods and earthquakes are the only disasters that are not covered under renters insurance. The tenants have the option of getting a separate policy or have it validated to the renters policy.
  • Concept of deductibles: Deductibles are amount paid before the insurance kicks in. The monthly premiums of varying amounts are available depending upon the individual’s convenience.
  • Addition of floater: As most policies provide protection only to a certain limit it becomes imperative that a floater is added to the policy for providing adequate protection to the valuables.

Regarding Liability protection

  • Against legal suits: Renters Insurance provides protection in case of a legal action against the tenant or his family member for injury or damage to the property. It will cover cost of fighting the legal battle and medical bills are also covered in the renters insurance.
  • Umbrella liability: It kicks in when the underlying liability is exhausted.  It is usually chosen when extra protection is needed and even covers defamation although certain conditions need to be fulfilled before the policy is activated.
  • Additional Living Expenses: Under this provision the policy provides an additional living expense in case the renter’s home is destroyed forcing him to stay somewhere else.

Other coverage

It does not cover for off premises damage.

Discounts

  • The renter can get discount in case there is another policy with the insurance agency. The presence of security system, smoke detectors etc. entitles the tenant to additional discounts.
  • With the insurance companies offering various discounts, having a renters insurance is a sound decision that a tenant should make.

We, at Shawn Camp Insurance Agency, Inc, help you choose the most suitable renter’s insurance policiy. For more information, call at (254) 526-0535 or visit us at 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.

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