Posted by: insuranceguy007 | November 28, 2011

 

“All I Want For the New Year Is My Two Front Teeth.”

 

Scratch That. I’ll Just Take Some Stability In This Unstable World…

 

 

We’ve seen some wild and unprecedented events happen in our financial system and economy over the past several months.

 

“Titanic Sized” financial institutions — who were thought to be infallible by themselves and others– have come to their knees.  Federal Government Bailouts have become as common as baseball players on steroids.

 

Many people are fearing for their jobs, homes and the overall stability that we’ve been used to for the past 20 years.

 

In times like these it’s important to make sure your finances are secure and your costs are low.

 

One of the ways to be secure is to make sure our finances and insurances are set up properly. The best way to do this is to have me take a quick look at ALL your insurance policies and make sure there are no ‘holes’ in your coverage’s…and that you are getting as many multi policy discounts as possible.

 

This may sound terribly self serving, but nonetheless, if you don’t have your home and auto with us you may have coverage gaps, you are probably paying too much for your insurance.

 

State Farm offers some huge discounts for doing both home and auto together, plus the two policies work together  to provide important additional coverage’s.

 

Amidst the turmoil on Wall Street State Farm is still very stable and secure financially. But that doesn’t do us any good if there are gaps in coverage, or you are needlessly paying too much because you don’t have your insurance “Packaged Properly”.

 

Many clients save hundreds per year just by combining policies! WHY?

 

Insurance companies are willing to give major discounts for multiple policies because they know you have the right coverage’s — creating fewer claims problems — and they statistically they keep clients longer if clients have more than one policy in force.

 

So give me a call or shoot me a quick email and we’ll make sure you aren’t paying too much for your insurance, and you don’t have any dangerous coverage gaps.

 

Agent Craig

Phone 703-971-7007

Email Craig@Griffithagency.net

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Posted by: insuranceguy007 | November 28, 2011

There are two big myths about renters insurance in Virginia

Posted by: insuranceguy007 | March 9, 2010

Before you Buy Auto Insurance in Virginia

before you buy auto insurance

Posted by: insuranceguy007 | March 3, 2010

Virginia Renters Insurance Myths

There are two big myths about  renters insurance in Virginia. One is that it’s too expensive and the other is that it’s not needed. Not having renters insurance is a pretty big gamble, considering that without it you face the cost of replacing your personal belongings after an event such as fire or theft. What’s more, you could face the prospect of defending yourself in a lawsuit because of some accident for which you might be held legally responsible, whether it happened where you live or elsewhere. In many cases, for less than a couple hundred dollars a year you can protect your valuables, like your furniture and clothes, from loss by fire, theft, wind and water damage or other covered hazards. But many renters still don’t believe they need such Virginia  insurance.

A survey conducted by Cambridge Reports, Inc. for the Insurance Information Institute found that fewer than three out of every 10 renters purchase renters insurance. Many renters mistakenly believe their landlord’s insurance will cover their own belongings. In fact, it would be extremely rare for a landlord’s policy to extend to tenants’ property. To determine how much insurance coverage you’ll need, take a complete inventory of your personal items. An insurance agent in Northern Virginia can help with this by estimating the total value of your property. You’ll also need to decide whether to opt for depreciated or limited replacement cost coverage. Depreciated coverage is the cost to repair or replace your belongings minus depreciation.

Let’s say you bought a quality sofa with an expected useful life of 10 years. If it’s now five years old and would cost about $1,000 to replace, you could expect to receive about $500 (less deductible) if your sofa was destroyed by fire. You would pay slightly more for limited replacement cost coverage, but you could expect to receive $1,000 for your sofa minus your deductible. You should also keep in mind that insurance coverage for some types of personal property is limited in terms of dollars. Renters insurance also gives you personal legal liability coverage and medical payments to others who are accidentally injured while in your home, apartment or elsewhere if the injuries are caused by your actions. And, if you are forced to live elsewhere because of damage to your residence due to a covered loss, renters insurance covers additional living expenses. Remember, you may not own the building in which you live, but you still need to have insurance to protect your property in the case of fire, theft or other hazards. Talk with your insurance agent for more information

Posted by: insuranceguy007 | March 3, 2010

Hidden Virginia Homeowners Insurance Discounts

Hidden Virginia Homeowner’s Insurance Discounts

 

When many people buy their homeowner’s insurance, they take their mortgage papers, the most recent assessment and then allow the agent or his or her representative to inspect the home. Then, they pay the premium without asking any questions. There are many homeowner’s insurance discounts that are often overlooked and are sometimes not mentioned by the agent. If you are purchasing a homeowner’s policy, ask about these discounts.

  • Fire protection. While smoke detectors are a must for a home, many people go the extra mile and add sprinkler systems and fire extinguishers. This extra step can save you on your monthly premiums. Insurance companies see it as an effort on your part to reduce claims.

 

  • An alarm system. If you have a burglar alarm that alerts a service, you may be eligible for a discount, on your Virginia homeowners insurance. After all, if the thief does not get in, you won’t be filing a claim if your valuables are taken.

 

  • Other security measures. Even a dead-bolt lock can lead to a discount on your policy. Make sure you point out all of the safety measures on your home, no matter how small they may seem to you.

 

  • Are you a home improvement junkie? If you have made improvements to the plumbing, heating or electrical system in your home, you could receive a homeowner’s insurance discount.
  • How long have you been with your current agent? You may receive a break for your loyalty.

 

  • Wind resistant shutters. Strong winds can affect almost any region at any time. Most companies recognize the protection the shutters give to windows and the home.

 

Finally, the easiest way to get homeowner’s insurance discounts is to have all of your policies with the same company. Many people think it is a good idea to have a different company for each policy and many times that is based on the rate. However, they don’t factor in how the savings if they insure their home, life, car and other valuables with the same company. This could lead to a savings of up to 20 percent. In addition, should you be involved in a disaster that strikes your home, car and boat, you will only have to call one agent. Ask your agent about homeowner’s insurance discounts if you already have your other policies with them.

About Craig Griffith:

Craig Griffith is an entrepreneur and a small business owner living in Northern Virginia. As a professional insurance agent working in his field for the last 15 years, he has built his agency to become one of the premier insurance agencies in Northern Virginia. With a bilingual experienced staff of 8 full time representatives they assist thousands of satisfied Virginia residents with their insurance needs. Craig does not believe in the hard sell, he and his agency give expert straightforward advice, and will tell you right up front if they can not help you. When Craig is not helping folks understand their insurance he likes to spend time with his family enjoying outdoor activities including, waterskiing, hiking, boating, skiing, and golf.

 

Posted by: insuranceguy007 | March 3, 2010

Virginia Condo insurance accurate and fast

Insure your condominum properly in Northern Virginia Read More…

The Three Secrets to Making Your Virginia Auto Insurance Policy the Envy of the Neighborhood!!!

Subject. After reading it you will know what’s important in you Virginia Auto Insurance Policy. Master these basics before looking for cheap Virginia auto insurance, or it could cost you Everything!

Master the concepts in this article and you’ll be on your way. Learn the basics about you Car insurance in Virginia and make sure it has the coverage you need, understand what your deductibles are for, make sure you are not leaving any discounts on the table.

My 14 years as an insurance professional have given me the experience I need to make your insurance buying process as easy as possible. I run into people all the time who need a refresher on the basics.

Ready to learn something that can save you big money!

1. The most important part of your Virginia auto policy are the liability limits. They are broken down into three separate limits usually stated like this 25/50/25 this means the policy will pay a max of $25,000 for one persons injury $50,000 for multiple persons injury or $25,000 for property damage. This is for bodily injury or property damage liability arising out of the use of your car. So if you have an at fault accident where someone gets hurt this is how much money your policy provides to pay for those costs.

2. The limits in the Uninsured and Underinsured section are broken down the same way. So, if you have an accident with someone who doesn’t have any insurance. 25,000 can disappear quickly if you have an accident where you get seriously injured by an uninsured driver.

3. You can raise these limits several times over for just a few dollars. Don’t get caught with less than you need.

Ever notice how many people are on the road today that don’t look like they know what they are doing. Recent reports indicate that the number of uninsured drivers in VA is on the increase big time 10% and climbing check this out http://www.roadandtravel.com/autonewsandviews/2006/uninsureddrivers.htm

Make sure you have enough coverage the state minimum coverage can run out quick if you have an accident where someone gets hurt, or if you cause a big pile up.

Do you live in a $500,000 house?? You should look at a Virginia Liability Umbrella policy. Usually less than $200 per year and give you a million dollars of coverage on top of what you get from your auto policy… it’s a no brainer….

4. Insurance companies give HUGE discount for multiple cars and multiple policies if you have 2 cars insured with 2 different companies and a separate company on your house or renters you are volunteering to pay at least 40% more than you should.

5. Physical Damage coverage is broken down into 2 categories

Collision – this means if you hit something a pothole, a post in a parking garage or another vehicle. The deductible applies first to getting the damage to your car fixed. The damage to the other car thing is paid at no deductible by the property damage liability coverage.

Other than collision- the name is pretty self explanatory but I still get a lot of questions on this… Glass breakage, Vandalism, Theft, Deer jumps out in front of you, hail storm, tree falls on car. I am different from most agents
With the other than collision coverage because I like low deductibles on this.. These are situations out of your control and it is a kick in the teeth to pay good money for insurance and then find out your new windshield cost less than your deductible so you have to come out of pocket….Ever happen to you???

I hope you found my article useful and informative if you would like more info please send me an email Craig@Griffithagency.net or give me a call
At 703-253-8585 Ask for my free Viriginia auto insurance liability limit comparison report.

Posted by: insuranceguy007 | August 24, 2009

The Danger to you from Uninsured Motorists

The Danger to you from Uninsured Motorists

The economy has hit many families hard with many choosing between spending money for groceries and paying their vehicle insurance. Pass ten cars on the highway and at least of them is probably uninsured. According to recent statistics, at least ten percent of all drivers in Virginia are uninsured. You may think this doesn’t affect you. But what if you are in a wreck and the other driver that caused the wreck is uninsured? How will you pay for your medical bills and for repairs to your car? Virginia uninsured motorists insurance can give you peace of mind as you recover. These policies cover:

• Bodily injuries caused by an uninsured driver.
• Bodily injuries when the driver’s insurance company is out of business or can’t pay the claim for some reason.
• Bodily injuries and damage caused by a driver that doesn’t have enough coverage to pay for your medical expenses and damages to your car.

Your options for protecting yourself from uninsured motorists are few if you don’t have Virginia uninsured motorist insurance.

• You could sue the other driver. However, if they don’t have enough money to pay for insurance coverage, how much can you actually recover? You may never recoup your legal fees if you sue, much less the costs of your medical treatment and damages.
• Try to avoid getting in a wreck all together. Defensive driving is a way that you can prevent wrecks. Keep you eye out for people who are driving recklessly. Don’t follow too closely. Watch the road and stay off the cell phone and avoid eating lunch in the car. If you want to learn defensive driving techniques, take a class. Most insurance companies offer a discount for those who take one of these courses.

Hopefully, you will not be hit by one of these drivers and have to use your Virginia uninsured motorist insurance. But if you are, make sure you get all of the information about the driver including their license plate and driver’s license numbers. Get the names of witnesses who may have seen the wreck. And call the police. The driver will likely be cited for driving without insurance.

Finally, don’t accept any cash money offered by the other driver. If you do, you may not be able to collect on your Virginia insured motorist coverage or have any further legal action.

About Craig Griffith:

Craig Griffith is an entrepreneur and a small business owner living in Northern Virginia. As a professional insurance agent working in his field for the last 14 years, he has built his agency to become one of the premier insurance agencies in Northern Virginia. With a bilingual experienced staff of 8 full time representatives they assist thousands of satisfied Virginia residents with their insurance needs. Craig does not believe in the hard sell, he and his agency give expert straightforward advice, and will tell you right up front if they can not help you. When Craig is not helping folks understand their insurance he likes to spend time with his family enjoying outdoor activities including, waterskiing, hiking, boating, skiing, and golf.

Posted by: insuranceguy007 | August 24, 2009

Uninsured Motorist Coverage Virginia

Picture this scenario: A woman leaves her car securely locked and safely parked on a quiet side street. But the unexpected happens. When she returns, her car is severely damaged.   Call your Virginia insurance agent.

 The agent guides the woman through the claim process and explains that her car policy’s collision coverage will pay the cost, after the deductible is met, to repair her car.

This scenario has a happy ending. After the initial shock, she calls her insurance agent.

 

 

Northern Virginia Car Insurance

Why insurance?

State laws require owners and drivers of motor vehicles to be financially responsible for damages they cause in a car accident. Insurance satisfies this requirement. In addition, optional coverages are available that can further reduce your risk of significant financial loss from a car crash, even if it is not your fault. Types of coverage available

There are various types of coverage available when purchasing an Auto insurance policy.

 Liability: Pays damages for bodily injury to others and damage to property that result from a wreck that is caused by an insured under your policy. Also pays for other costs including legal defense and court fees in the event an insured is sued because of a car wreck.

 Collision: Pays for damage, after a deductible is met, to your insured car when it strikes, or is struck by, another vehicle or object.

 Comprehensive: Pays for damage to your insured car that was not caused by a collision. Some examples include damage caused fire, wind, hail, flood, vandalism, theft, or impact with an animal. There may or may not be a deductible for this coverage.

 Medical Payments Coverage: Pays the reasonable and necessary medical expenses for an insured that is injured in a car crash, regardless of who is at fault for the wreck.

 Uninsured Motorist Coverage: Pays damages to an insured that is injured in a car crash

caused by a driver who does not have liability insurance.

 Underinsured Motorist Coverage: Pays damages to an insured that is injured in a car crash when the person(s) responsible for the wreck accident has insufficient liability insurance to fully compensate the insured for the injury.

 Car Rental Expense: Pays eligible rental car expenses if your car is not drivable because of a loss which would be payable under Collision Coverage or Comprehensive Coverage.

 Emergency Road Service: Pays for items such as towing expenses, the cost to deliver gasoline, and specified labor charges to unlock your car if the key is locked inside the car.

When shopping for insurance, it’s important to look at more than the total cost. Become familiar with the amount and type of coverage that is being offered. Also, note what isn’t being covered, who is covered while driving your vehicle and the quality of customer service in the event of an accident. And always remember to make sure the company you’re insured by is financially strong.

The bottom line is that you should understand your policy and buy.

Posted by: insuranceguy007 | April 1, 2009

How to improve your Ego and your Homeowners Insurance in minutes

Here are the Top 5 Things I see people miss when reviewing their Northern Virginia Homeowners Insurance Plan

 

1.  Understand your deductible  Many clients who come to me to review their Virginia Homeowners insurance policy realize they have a deductible they didn’t know about or even understand. Some Insurance Companies offer split deductibles meaning they offer one deductible for theft say $500 but a much bigger one for windstorm or tropical cyclone say 5%. ( on a house that’s insured for $250,000 that’s a  $11,250 deductible) that’s a huge deductible and while your premium will be super low.  If a windstorm drops a tree on your house you pay the first $11,250.00 before the insurance company pays a dime.  I usually recommend high deductibles, but It is never a good thing when it’s a surprise.

 

2.  Sewer and Drain Coverage—Expands the type of water that is covered under your policy I recommend it to everyone.  Understand what the difference between a Sewer and drain back up and ground water. Be diligent and keep all exterior drains to your house clear of leaves and debris.

 

 

3.  Combine Virginia Homeowner and Auto Insurance coverage to get discounts. Most Virginia Insurance companies offer a discount for combining the two policies. With this added discount you can often use those saving to protect your assets with a Virginia Liability Umbrella Policy. The savings on combining the coverage often allows you to pick up this valuable excess bodily injury and property damage liability very affordably.

 

 

 

 

 

 

 

 

 

 

 

 4. Watch out for Jewelry limitations. Most Virginia homeowner’s insurance policies carry a limitation for Jewelry coverage for theft and breakage.  Theft and Breakage are the real threats to your jewelry.  A separate annual policy or as an endorsement to your homeowner policy you can add this coverage. You usually just need a full description of the item or a recent appraisal. It’s not expensive at all.

 

5. Make sure you have adequate Replacement Cost Dwelling Coverage…Many customers just rely on their agent to tell them how much to insure the house for. You should be proactive and use several sources to come up with a number.. Here are 3 you can use right now.

1.)*** Fairfax County   http://icare.fairfaxcounty.gov/Main/Home.aspx

*** Prince William County http://www4.pwcgov.org/realestate/LandRover.asp

***   City of Alexandria http://realestate.alexandriava.gov/

Remember you don’t have to insure for the value of the land!

 

2.) Find your latest appraisal and look on page 2 or 3 where they show the Cost Approach to Value.

 

3.) Know any contractors or home builders? Call one and ask about the average cost per square foot. Measure your house and do the math. Pro’s Tip** the links above for your property assessment will give you the above ground square footage of your house. Don’t forget to add in the cost of finishing your basement.

 

 Do you have imported Italian marble floors or a Viking Range??? Probably should go with higher than average amount!.

 

 

 

Find out the latest information on Virginia Homeowners Insurance, and how to get the right protection at the right price. The advise is free the choice is yours.

Send me an email to Craig@Griffithagency.net  or call 703-253-8585 ask for a free Virginia Homeowners Insurance Comparison Report

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