Beginner’s Guide To Motorcycle Insurance

by Administrator 21. July 2015 12:22

Motorcycle insurance is not only necessary to cover the costs of damages or accident related injuries but it is a legal requirement in most states of US. Buying motorcycle insurance may seem to be a daunting task for beginners due to the wide range of policies and extensive coverage options. However, with proper guidance from an agent at the insurance agency, you can easily find affordable motorcycle insurance that suits your requirements. Here is a guide to help you buy the best insurance for your motorcycle.

Important factors that you may need to consider include the driver’s age, driving record, motorbike riding experience, type and usage of vehicle, type of coverage and storage location.

The type of Coverage may depend upon many factors such as type and usage of the motorcycle. Some of the coverage offered under motorcycle insurance includes:

  • Bodily Injury And Property Damage Liability: It covers the costs of medical bills and property damage costs of another party in an accident where you are at fault.
  • Comprehensive And Collision: It provides coverage in case the motorcycle is stolen or damaged in an accident. Regardless of who is at fault, the insurer is entitled to a certain amount of money to repair or replace the motorcycle.
  • Roadside Assistance: This includes the expenses of towing your motorcycle to the nearest workshop as well as the labor costs involved in case the motorcycle breaks down unexpectedly. 
  • Medical Payments: The insurer is eligible to claim the medical expenses arising out of an accident, regardless of who is the party at-fault.
  • Uninsured/ Underinsured Motorist: This is important in situations when the other party involved in the accident is underinsured or uninsured. The financial expenses related medical treatment or vehicle repair are covered by this insurance.
  • Custom Parts And Equipment: This coverage option is designed to provide for the repair and replacement costs of custom-made parts or equipment installed in your motorbike.

We, at Shawn Camp Insurance, Agency Inc., offer affordable motorcycle insurance in Killeen, TX. We offer a wide range of coverage options and assist our clients in choosing the most suitable policy depending on their budget and requirement. For more information about our insurance products, you can call at (254) 526 – 0535 or visit our office at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

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Factors That Contribute To Your RV Insurance Rate

by Administrator 14. July 2015 14:50

While buying RV insurance, it is essential to consider the different types of policies. Certain basic factors affect the rates of the RV insurance and may not be necessary for your specific needs.

Here are some of the variables that play a significant role in determining the rate of your RV insurance:

  • Type Of RV: The type of RV that you have purchased may influence the cost of your insurance. Generally, class ‘A’ motor homes tend to have a higher premium than class ‘C’. Motor coaches, camper vans, travel trailers also involve different insurance rates. Thus, you must keep your overall budget in mind before making the decision regarding the type of RV to buy.
  • Usage: Using your RV for full time living may require a more comprehensive coverage than you may need while taking it out for weekend or occasional traveling. The reason behind a higher rate for the former one is that as you live inside your RV, you present a higher chance of claims.
  • Storage: Factors like crime rate, safety risks and potential environmental hazards in the place where you store your RV can also affect your insurance rate. For instance, if you park your vehicle in a flood or hurricane prone area, there is an increased risk of damage and you will be likely to pay more for an adequate coverage.
  • Driving Record: The insurance agency may also consider your previous driving record, accidents or tickets to determine your premiums. Driving an RV is quite different from driving cars. You need to be well acquainted with the height and width restrictions required to park in garages, drive on bridges, turning in constricted areas etc. Absence of sufficient experience in driving RVs may also lead to a higher insurance rate.
  • Deductible Options: Opting to pay a higher deductible may lower your rate of RV insurance. However, you should know what amount you could spend out-of-your-pocket in case of any damage to the vehicle or your belongings stored within it.
  • Claims History: People having a long history of buying insurance and filing a claim shortly after that may need to pay higher premiums. A higher number of claims may also have a negative effect on your credit score. Thus, you should be responsible enough to manage minor expenses on your own than to file a claim. 

For more information on RV insurance and its influential factors, feel free to contact Shawn Camp Insurance Agency, Inc. at (254) 526 – 0535 or visit our office at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

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Renters Insurance Killeen: What You Need To Know

by Administrator 6. July 2015 14:26

Renters insurance is important as it safeguards your personal belongings against any calamity, theft, fire, vandalism or crisis. It is quite common for tenants to overlook the importance of renter’s insurance policy, considering their property owner is responsible for damages caused to the property. However, the proprietor’s insurance would not cover your personal belongings in the rented home.

Here are some facts about renters insurance that you must know before investing in one:

  • It provides liability coverage against any accident on the property that may leave your guest injured. In case the mishap occurred due to any negligence on your part, you may be held legally accountable to pay for the other party’s losses. In such situations, renters insurance can help to pay these expenses and ease your financial burden.
  • Renters insurance covers all the valuable stuff you have in your home. Although there are exceptions to certain types of mishaps, the policy usually pays off to replace your belongings damaged in most emergencies such as earthquake, fire etc. Even your personal items damaged outside of the home may come under insurance coverage.
  • The policy also provides living expenses in case your rental home becomes temporarily inhabitable due to the damages suffered. These may include the costs incurred for the hotel room, food, transportation and other daily necessities. 
  • High-end items such as computer, jewelry, antique furniture and expensive paintings, may have to face certain limitations on coverage amount. Different renters insurance policies often have restrictions on the claim amount that can be filed for these types of items. You must carefully read the terms and conditions of your policy to make sure that most of the belongings are covered.
  • If you own a pet, you may need to pay a higher premium for your renters insurance. Certain aggressive dog breeds, in particular, are considered precarious and may end up getting you a higher rate on your insurance.
  • There are different types of coverage options available for renters insurance. It is essential that you understand your requirements before deciding on the one to buy. These may include coverage for the dwelling, personal property, attached structures etc.

We, at Shawn Camp Insurance Agency, Inc., provide affordable renters insurance in Killeen, TX. Our agents will help you understand the terms and conditions of different policies so that you can choose the one that is most suitable to you. For more information, you can call us at (254) 526 – 0535.

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