Questions you may have about life insurance

Posted on September 30, 2024September 28, 2024 by admin

Life insurance is a subject few people discuss openly due to its association with morbidity. However, it is an essential coverage for those with dependents relying on their income. At Valor Insurance in Easton, PA, we are dedicated to helping you plan for the future and ensure you have the necessary life insurance.

Do I Need a Physical Examination to Obtain a Life Insurance Policy?

While it is required to undergo a physical to obtain a life insurance policy, not doing so may limit your options and inflate the premium. You may be required to answer some medical questions instead of a physical.

Do I Need More Life Insurance Than My Employer Provides?

Are you willing to entrust your employers with the livelihood of your dependents? No one understands your dependents’ needs better than you. While employer-provided life insurance is a valuable benefit, it should not be the sole source of your life insurance coverage. Long-term employment is never guaranteed.

Can I Designate More Than One Beneficiary?

Yes, you can nominate any number of beneficiaries you wish. However, if your beneficiaries are minors, they must reach adulthood before they can claim the money.

Why Do I Need Life Insurance?

Unless you have enough savings to support your dependents in your absence financially, you need life insurance. It serves to ensure that your loved ones are cared for when you are no longer there to do so.

We are ready to help address your life insurance needs at Valor Insurance in Pennsylvania. Reach out to us, and our team will be delighted to assist.

Add ons you may want to add to your auto policy

Posted on August 30, 2024August 27, 2024 by admin

Auto insurance can be customized to include extras that suit your specific needs. At Valor Insurance in Pennsylvania, we are here to assist people in finding a policy that caters to their auto needs. No one needs to settle for a standard auto insurance policy when they have an independent insurance agent to lend a hand.

Full Glass Coverage

If you hold comprehensive coverage on your vehicle, you have glass coverage, but it comes with a deductible. If you choose full glass coverage, you won’t have to pay a deductible when you repair or replace your windshield.

Rental Car Coverage

This isn’t the coverage for a rental car you need for your vacation. This is the rental car you will require if your car is damaged in an accident where you are the responsible party or if there is no responsible party. It can make a significant difference after an accident, not worrying about how you will commute to work.

Roadside Service

Roadside service performs all the functions that auto club coverage does for you. It will provide a tow when required, jumpstart a dead battery, assist you in retrieving keys from a locked car, and deal with a flat tire.

GAP Insurance

If you have a newer vehicle and an auto loan, if you have an accident, you might end up with insufficient funds to pay off what you owe due to depreciation. GAP insurance handles this for you to prevent you from owing on a vehicle you no longer possess.

You can trust Valor Insurance in Pennsylvania to fulfill your needs for the insurance you require and want. Please stop by our office or get in touch to get started today on a policy in Georgia, Tennessee, or Pennsylvania.

Your Commercial Property Insurance Protects Defrays the Cost of Expensive Vandalism Incidents

Posted on July 30, 2024July 29, 2024 by admin

Unexpected incidents that damage your commercial building can disrupt your business, negatively impacting your bottom line. If vandals damage your building, quick repairs are necessary to continue serving your customers. Commercial property insurance can help offset the costs of returning your property to proper service. At Valor Insurance in Easton, PA, we offer commercial property insurance to safeguard your business location.

Common Vandalism Incidents That May Occur

Common types of vandalism include spray painting graffiti, breaking windows, keying vehicles, damaging signs, starting fires, and applying chemicals or other damaging substances to commercial property. In some cases, damages can be quickly repaired or removed to allow for normal customer service. However, other circumstances may disrupt your normal business operations.

What You Should Do If Your Property Is Vandalized

Document the damage to your building or grounds by taking pictures or video, so you have a record. Contact the local police department and file a report, which may be submitted in person, by phone, or online, describing the damage and providing images of it. If you have suspects, provide any relevant information, such as video footage of the incident. Lastly, call your insurance agent to initiate a claim on your policy.

Make Valor Insurance Your Insurance Agent in Pennsylvania

Our experienced agents can answer your questions about commercial property insurance and how it can protect your business. We offer a wide range of insurance products, including auto, home, life, flood, and business policies. Contact Valor Insurance today for a no-obligation quote on commercial property insurance that will help keep your business running when vandalism occurs.

Why All Homeowners Need to Have Home Insurance

Posted on June 28, 2024June 28, 2024 by admin

Every homeowner needs home insurance. It’s crucial for safeguarding yourself and your family in case of unforeseen circumstances. Homeowners face a series of risks, and home insurance alleviates these risks. If you don’t already have a home insurance policy or if you’re considering altering your current policy, contact us at Valor Insurance in Pennsylvania.

Damage Risks

As a homeowner, you’re exposed to numerous risks. Many damaging incidents can occur in your home, which might cost you dearly. In case a disaster occurs and damage is inflicted on your house, it’s vital to have a home insurance policy. This policy can cover the cost of repairing damages or rebuilding your home if required.

Belongings Risk

However, it’s not only damage to your house that you should worry about. Your belongings are also at risk. Various incidents can damage or destroy your belongings. Your home insurance also covers the cost of repairing or replacing these belongings after a covered incident.

Liability Risk

As a homeowner, you also face a liability risk. Home insurance is important as it covers this liability as well. When someone gets injured on your property, you’re liable for all related expenses, including lost wages, legal bills, and medical expenses. These costs can be unusually high, hence the need for coverage.

Get Home Insurance

If you need home insurance, feel free to contact us. Valor Insurance in Pennsylvania is always ready to help.

I just started my own business – do I need life insurance?

Posted on May 31, 2024June 3, 2024 by admin

Congratulations! You’ve just started your own business and are about to embark on the adventure of business ownership.

As a business owner, you know you will need commercial insurance, but you find yourself wondering: Do I need life insurance, too? Our Valor Insurance in Pennsylvania advisors have the answers and are here to help.

Do business owners need life insurance?

It is an excellent idea for business owners to consider life insurance as part of their insurance plan. Company-owned life insurance can provide crucial protection for a business in the case of the unexpected death of an owner, partner, or employee, which has the potential to disrupt and cause financial issues for the business. You have worked hard on and planned carefully for your business and want to set it up for the best possible success.

If you have started your business with a partner, life insurance can provide a bridge while the surviving partner determines whether to continue the business. In that scenario, the death benefit could be used to replace lost revenue and pay the costs to keep the business open. Without it, the surviving partner may face difficult decisions, such as borrowing money or selling some of the company’s assets to get through the rough patch.

Similarly, life insurance can provide for family members who rely on the income from the business during this period of loss. An unexpected death is a sudden transition, made even harsher if financial hardship enters the picture. Life insurance can protect your family’s quality of life as they adjust and move forward.

Contact our experts at Valor Insurance for help finding the right policy for you and your business in Colorado, Tennessee, Pennsylvania, or Georgia.

Quality Over Cost in Batteries

Posted on April 30, 2024May 1, 2024 by admin

One of the basic auto needs you have periodically is getting the battery replaced. Many car owners may look to get the cheapest battery available, but that ends up doing more harm than good over time. Below are a few reasons why you need to choose quality over cost in batteries.

Excessive Corrosion

One of the biggest differences between good batteries and cheap batteries is the amount of corrosion that develops on the connectors. Cheap batteries will start having a slow leak that causes the connectors to corrode frequently. This can keep the battery from charging and leave you stranded unexpectedly. This corrosion can start shortly after getting the battery and will last right on until you get the battery replaced.

Lifespan

Another test of cheap versus quality is the lifespan of a battery. When you purchase a cheap battery for your vehicle, you’ll get exactly what you pay for in terms of quality and lifespan. It will last for fewer miles and years. If you’re a commuter and put more than 15,000 miles on your vehicle each year, you’ll be lucky to get two years out of a cheap battery. Those with a higher-quality battery will cost more, but they’ll last for several more years, and you will not have issues with them until it’s time to change them.

Energy Level

Good, quality batteries will have a stronger energy level, and you’ll feel the difference in your vehicle’s power. Cheap batteries will have slow power-ups and can actually put a strain on your alternator. When batteries aren’t working to their full capacity for a while, this can cause the alternator to wear down and need to be replaced, which is another major expense.

If you’re in the Marietta, GA area and want a personal quote, contact Valor Insurance today for more information.

Commercial Insurance’s Support for Festivals and Markets

Posted on March 29, 2024March 27, 2024 by admin

Commercial insurance plays a fundamental role in the successful, safe, and sustainable operation of festivals and markets across Tennessee. The benefits span from liability protection for organizers to coverage for property damage and unexpected incidents.

Extending Liability Protection to Vendors and Participants

Commercial insurance offers extensive liability protection to vendors, exhibitors, performers, and participants involved in these events. Vendor liability insurance, for instance, shields against risks like product liability, property damage, and accidents caused by vendors’ activities. It serves as a financial safety net, providing small businesses and artisans peace of mind. Moreover, performers and participants can avail themselves of event liability insurance covering any accidents, injuries, or property damage during their involvement.

Advancing Community Safety and Well-being

Commercial insurance also fosters community safety and welfare by implementing standards and regulations during festivals and markets. Provisions may include security measures, emergency medical services, and adherence to local ordinances and permits—further enhancing the safety and enjoyment of attendees and the local community. In essence, by providing a buffer against unanticipated incidents and emergencies, commercial insurance enhances the overall event experience.

Promoting Economic Growth and Tourism

Festivals and markets substantially contribute to economic growth, tourism, and cultural exchange. Commercial insurance bolsters the success of these events by offering financial protection and risk management solutions. These ensure continued participation from vendors, sponsors, and attendees. Thus, commercial insurance indirectly strengthens local economies, fostering entrepreneurship, job creation, and community development.

Valor Insurance: Here to Help You

At Valor Insurance, we can explain all aspects of commercial insurance. We proudly serve the Tennessee area. Contact us today for more information.

How to Protect Your Home Against Different Types of Wind Damage

Posted on February 28, 2024February 23, 2024 by admin

Wind damage can wreak havoc on your home, causing structural damage, roof leaks, and other costly repairs. At Valor Insurance, we’re committed to helping homeowners throughout the state of Pennsylvania safeguard their homes against wind-related risks. Here are some tips to protect your home:

Reinforce Your Roof

Your roof is the first line of defense against wind damage. Ensure your roof is in good condition by conducting regular inspections and promptly addressing any loose or damaged shingles. Consider reinforcing your roof with hurricane straps or clips to provide additional support during high winds.

Trim Trees and Branches

Overhanging tree limbs can pose a significant risk to your home during strong winds. Trim trees and branches near your home to reduce the risk of branches breaking off and causing damage to your roof or windows. Regular tree maintenance can help mitigate the risk of wind-related accidents.

Secure Outdoor Items

Secure outdoor furniture, grills, and other loose items that could become projectiles during a windstorm. Anchor or store these items indoors during periods of high winds to prevent them from causing damage to your home or neighboring properties.

Install Impact-Resistant Windows and Doors

Consider upgrading to impact-resistant windows and doors to protect your home against wind-driven debris. These specialized windows and doors are designed to withstand high winds and flying debris, reducing the risk of damage to your home’s interior and occupants.

At Valor Insurance, we’re here to help you protect what matters most. Our experienced agents can assist you in assessing your home insurance needs in Pennsylvania, Tennessee, and Colorado, reviewing coverage options, and securing a policy that provides comprehensive protection against wind-related risks. Call now to obtain an estimate for a new home insurance policy.

Here’s Why Newly Weds Should Get Life Insurance

Posted on January 22, 2024January 24, 2024 by admin

Have you recently been married? Congrats! Marriage is a crucial milestone for many. Married couples will support each other throughout life and having a partner who can help you shoulder various burdens can go a long way. It’s important to protect one another, and as such, life insurance is vital. If you’re looking for an insurance agency serving Easton, PA, contact Valor Insurance to discuss life insurance options.

The Basics of Life Insurance For Married Couples

Life insurance may provide payments if a spouse dies. What specifically is covered can vary from plan to plan, so it’s important to work with an insurance agent. Insurance policies can be hard to comprehend at times, but insurance agents can use their professional experience to break things down for you.

Unfortunately, death is a fact of life. While many people will live well into their seventies, some folks die young, killed in car accidents, or succumb to serious diseases. It’s tempting to avoid thinking about that, but when you get married, you’ll want to make sure that your love is protected in the event of a tragedy.

When someone dies, households often lose a source of income. Burial costs can get quite expensive as well. If the couple has children, the surviving spouse may have to shoulder the burden of childcare all on their own. Unfortunately, the surviving family members could quickly find themselves in dire financial straits.

Schedule A Consultation Today

Life insurance may provide your spouse and other family members with considerable financial security. This can reduce stress for the family, which can make it easier to grieve and plan the next steps. Speaking of planning, if you’re planning to take out life insurance and are in need of an insurance company that serves Easton, PA and other areas nearby, contact Valor Insurance.

The Risks of Not Carrying Enough Auto Insurance

Posted on December 20, 2023January 2, 2024 by admin

Some people find it tempting to carry the minimum auto insurance in Easton, PA, especially if they are on a tight budget or have an old vehicle. While you may save money in the short term, drivers with minimal auto insurance could be on the hook for exorbitant repair costs that they may not be able to afford. Valor Insurance makes it a point to ensure their customers have sufficient coverage to meet their needs.

Minimum Legal Amounts in Pennsylvania

Pennsylvania drivers must have at least the following liability coverage to operate a motor vehicle legally:

$15,000 for injury or death of one person in an accident
$30,000 for injury or death of more than one person
$5,000 for damage to another person’s property

Unless an accident is minor, those coverage amounts won’t be sufficient to cover the costs of an accident. If you caused the accident, you remain responsible for covering another driver’s expenses, even if your policy doesn’t fully cover it.

The Other Driver Could Sue You for Damages

The most considerable risk occurs if you are in a severe accident involving considerable damage to another driver’s vehicle, as well as yours. If someone is badly injured, the stakes get higher. If you have a minimal policy and are at fault in the crash, the victim could file a claim in court requiring you to pay for the damages. This step could result in wage garnishment if you are found guilty.

What Coverage Should I Carry?

In addition to getting higher liability coverage limits, you should consider personal injury protection (PIP) to cover injury expenses and lost wages if you are involved in an accident.

If you’re unsure what coverage you need, contact the agents at Valor Insurance in Easton, PA for advice on selecting auto policy provisions.

At Valor, we provide options.

We are the independent brokerage you need, with the options you deserve.