Importance of Annual Auto Insurance Review

How Changing Life Circumstances Affect Your Auto Insurance

Here at Stonewall Grace Insurance, we recommend conducting an annual review of your auto insurance policy. This strategy not only helps to maintain your awareness of how changes in life circumstances impact your coverage but also provides an opportunity to determine if you need to add teen drivers to your auto insurance or if a move to a neighborhood with differing crime rates has occurred. Meet with our knowledgeable agents in Buena Vista, CA every year to better understand how these changes affect your monthly premium & coverage. We’re here to facilitate any necessary changes.

Impact of Your Parking and Driving Habits

Relocating to a city environment may increase your rates while moving to the suburbs could provide savings. The location where you park your car, both during the day and at night, impacts your premiums. During your annual meet-up, inform your agent about recent changes, such as a new job or home. We’re here to help determine the potential impacts on your insurance and brainstorm ways to minimize risks.

Reducing Mileage Can Lead to Lower Premiums

Is your work commute more than 20 miles daily? If so, reducing this journey can lower your risk of accidents. Opting for public transportation can offer multiple benefits, including saving time and parking expenses. It can also lower your car’s mileage, thereby extending its useful life, reducing the inherent risks of being on the road, and potentially leading to lower insurance premiums.

Safe and High-Performing Teen Drivers on Your Policy

Have your teen drivers improved their grades recently? Do they practice safe driving? These milestones signal your teen driver’s maturity. While sharing these achievements with friends and family is common, don’t forget to inform your insurance agent as well. Many insurers offer discounts for such circumstances, implying that your teen is less likely to be involved in an accident.

Schedule Your Annual Auto Insurance Review with Stonewall Grace Insurance

Let us help you keep your auto insurance policy up to date with life’s ever-changing situations. Contact Stonewall Grace Insurance in Buena Vista, VA, to schedule your annual auto insurance review today!

Understanding the Senior Market for Insurance

As individuals in and around the Buena Vista, VA area gracefully transition into their senior years, the importance of health and life insurance takes center stage. Understanding the senior insurance market is crucial for making informed decisions that align with evolving healthcare and financial needs. 

Health Insurance Considerations

For seniors, health insurance has become a cornerstone of overall well-being. Medicare, a federal health insurance program, is pivotal in covering hospital stays, doctor visits, and certain preventive services. However, seniors often find it necessary to supplement Medicare coverage with additional plans, such as Medigap or Medicare Advantage. These options help fill gaps in coverage, providing a safety net for medical expenses.

Additionally, long-term care insurance becomes increasingly relevant in the senior years. This specialized coverage addresses the costs associated with extended care needs, such as in-home or nursing home services. Understanding the terms and conditions of long-term care policies is essential for seniors planning for potential healthcare scenarios in their later years.

Life Insurance in the Senior Years

While life insurance needs may evolve, they remain critical in financial planning for seniors. Final expense insurance, a form of whole life insurance, covers end-of-life costs, including funeral expenses and outstanding debts. This policy provides peace of mind for seniors and their loved ones by minimizing financial burdens during a challenging time.

Seniors may also explore options such as term life insurance, especially if they have dependents or outstanding financial obligations. Choosing an adequate life insurance policy involves considering factors like coverage amounts, premium costs, and the individual’s and their family’s overall financial goals.

How Stonewall Grace Insurance Can Help You

At Stonewall Grace Insurance, we can help answer questions concerning senior market health & life insurance. We serve the Buena Vista, VA area. Call us today.   

How will life & disability insurance help someone in Buena Vista?

Those living in the Buena Vista, VA, area will always want to know they have proper insurance. While there are various types of insurance designed to protect critical assets, another vital form of coverage to consider is life & disability insurance. This is a unique type of insurance that can help to protect someone in various ways. 

Life Insurance Offers Financial Support for Dependents

When entering into a life & disability insurance plan, one of the advantages is that you will receive financial support for your dependents. If you happen to pass away during the policy period and term, your dependents will receive a death benefit. This can be a sizable amount of money, which can be used to cover a wide range of future expenses and can be curtailed to meet your personal needs. 

Support if Ill or Disabled

Life & disability insurance is also a good option as it will provide you with financial support if you become disabled or are sick and unable to work. If you cannot work due to illness or disability, the lost income and cost of care can add up quickly. However, when you get a life & disability insurance plan, it will provide financial support and cover a portion of your income. 

A life and disability insurance plan can be an excellent investment for someone in the Buena Vista, VA area. If you would like to shop for this type of coverage here, call our Stonewall Grace Insurance team. Our professionals at Stonewall Grace Insurance can help you assess all such options, build a plan to meet your needs, and ensure you remain covered and protected against these risks. 

Starting a Business? You Need a Quality Commercial Insurance Policy

If you’re starting a business, there are many things to consider. One of them should be your commercial insurance policy. At Stonewall Grace Insurance, we can help you and other business owners in the Buena Vista, VA area get the support and information they need to make informed choices about their insurance needs. Depending on the type of business you’re starting, you might need a basic policy or something a lot more complex, and an agent can help you choose.

First, consider the kind of business you’re operating. Someone with a three-person office and a service-based business will need a far different policy than someone with a 20-person construction crew. Both companies may perform essential functions in the community, but they’re still very different from one another. You don’t want to get a policy that doesn’t meet your needs or protect you, which is why working with a trusted agent is so valuable.

Then, make sure you’re thinking about the size and location of your business, too. If you own the building it’s in, you’ll need something very different from someone renting. Product-based and service-based companies have different needs, and some home-based businesses also need commercial policies. While it’s tempting to jump in and start operating your business, making sure you’re prepared can go a long way toward protection and peace of mind.

If you’re in the Buena Vista, VA area and looking for help with a commercial insurance policy, contact us today at Stonewall Grace Insurance. We’re here to help you get the best policy for your particular needs. All businesses are unique, and we won’t offer you a generic policy that doesn’t fit. We’re focused on you.

Starting a Business? You Need a Quality Commercial Insurance Policy

If you’re starting a business, there are many things to consider. One of them should be your commercial insurance policy. At Stonewall Grace Insurance, we can help you and other business owners in the Buena Vista, VA area get the support and information they need to make informed choices about their insurance needs. Depending on the type of business you’re starting, you might need a basic policy or something a lot more complex, and an agent can help you choose.

First, consider the kind of business you’re operating. Someone with a three-person office and a service-based business will need a far different policy than someone with a 20-person construction crew. Both companies may perform essential functions in the community, but they’re still very different from one another. You don’t want to get a policy that doesn’t meet your needs or protect you, which is why working with a trusted agent is so valuable.

Then, make sure you’re thinking about the size and location of your business, too. If you own the building it’s in, you’ll need something very different from someone renting. Product-based and service-based companies have different needs, and some home-based businesses also need commercial policies. While it’s tempting to jump in and start operating your business, making sure you’re prepared can go a long way toward protection and peace of mind.

If you’re in the Buena Vista, VA area and looking for help with a commercial insurance policy, contact us today at Stonewall Grace Insurance. We’re here to help you get the best policy for your particular needs. All businesses are unique, and we won’t offer you a generic policy that doesn’t fit. We’re focused on you.

Does renters insurance protect my belongings in case of natural disaster?

Surprisingly, many renters do not carry renters insurance. Renters insurance is surprisingly affordable and offers various protections. If you don’t have insurance, you must pay for any losses you incur out of your pocket. At Stonewall Grace Insurance in Buena Vista, VA, we can give you the information you need so that you can decide if renters insurance is right for you.

What Does Renter Insurance Cover?

Your landlord’s insurance protects the property where you are staying, but it does not protect the tenants’ personal belongings. That includes your furniture, any appliances you own, your electronics, clothing, and any other items you have in your home. Renters insurance may also cover items you leave in your car and will provide you with some liability protection if someone is injured while visiting you.

What Kinds Of Events Are Covered By Buena Vista, VA Renters Insurance?

This is important because you need to decide if your current policy has enough protection. An insurance policy is basically a contract that lists the kinds of events that are covered. Most renter’s insurance policies cover certain kinds of events. These include but may not be limited to:

  • Burglary
  • Vandalism
  • Electrical fire
  • Tornados
  • Hail
  • High winds
  • Snow damage (not related to flooding)

Unfortunately, flooding is a risk for anyone living in Virginia, and flood protection usually is not covered by regular homeowners’ or renters’ insurance. If you want protection in case of flooding, you must have a separate policy.

Protecting your Buena Vista, VA home is important. If you want to discuss your risks and compare policies, please call Stonewall Grace Insurance today.

Four Weird Things Your Home Insurance May Cover

Did you know your homeowner’s insurance may cover much more than the obvious things like theft, vandalism, and fire damage? To clarify what your home insurance policy covers, speak to your agent at Stonewall Grace Insurance, serving Buena Vista, VA. But in general, your policy may cover the following surprising incidents.

1. Damage to Outbuildings and Structures

These days, many homeowners have outdoor living areas, garden sheds, and detached hobby sheds. If these structures are located on your property, your home insurance policy may cover them. Look for a clause entitled, “Other Structures” or something similar, for details.

2. Temporary Housing Expenses

Sometimes, a home is damaged to an extent where temporary housing is needed during repairs. Many standard home insurance policies have a section called “Loss of Use,” where hotel expenses may be covered.

3. Pet-caused Injuries

Pets can’t always be controlled. If an incident occurs where your pet causes injury to another person on your property, you may be covered for that person’s medical expenses under your homeowner’s insurance. Again, talk to your insurance agent for confirmation and details.

4. Falling Objects

If your home is the victim of a weird phenomenon like a falling meteorite, burning remnants from an overzealous firecracker display, an out-of-control drone or airplane, or anything else falling out of the sky, the damage may be covered.

It’s important to understand precisely what your home insurance policy covers to get extra coverage if necessary. Consult with your insurance agent to learn more about your individual coverage needs.

Contact Stonewall Grace Insurance, serving Buena Vista, VA for home insurance coverage in Buena Vista and surrounding areas. We look forward to serving your issuance needs.

Four of the most important things to remember when you buy auto insurance

Motorists in Buena Vista, VA can get auto insurance from Stonewall Grace Insurance. Let us help you insure your vehicle so that you can enjoy peace of mind behind the wheel. 

The following are four of the most important things to remember when you buy auto insurance. 

There are numerous types of auto insurance to be aware of.

Motorists should know what the different types of auto insurance are. Liability, comprehensive, collision, and uninsured/underinsured motorist coverage are a few types of coverage to be aware of. You need to decide which of these types of coverage you want your policy to include. 

Policyholders need to pay deductibles on collision and comprehensive coverage.

The deductible on your policy is an important consideration. You’ll need to pay your deductible amount in full because you can get collision and comprehensive coverage expenses covered. That’s why you need to ensure your deductible is low enough to pay out of pocket. 

Many additional types of coverage can be included in an auto insurance policy. 

Other add-on coverage options include roadside assistance and rental vehicle coverage. You should consider adding these coverage types to your policy to make life more convenient if you get into an accident. 

Motorists should put proof of insurance in their glove compartment after buying a policy. 

Once you’ve bought a policy, please print your insurance card and put it in your glove compartment. If you get pulled over, law enforcement officers will want to see this card. 

Stonewall Grace Insurance is an auto insurance company in Buena Vista, VA. If you’re looking for coverage that meets your needs, call us for an auto insurance quote today and enjoy peace of mind on the roads!

Who needs to have a senior market health & life insurance in Virginia?

No matter what age someone is, having access to proper insurance is very important. This includes senior citizens in the Buena Vista, VA area, who will continue to have various insurance needs.

One type of coverage they will continue to need is senior market health & life insurance. There are multiple reasons why this coverage continues to be essential for seniors.

Access to Affordable Care

One of the reasons to invest in a senior market health & life insurance plan is to ensure you have access to affordable care. All senior citizens need to be assured that they can see a doctor, get prescription medication, and receive procedures when necessary. A full senior market health & life insurance can help ensure this is possible. With this coverage, you will have access to affordable care and access to a network of healthcare professionals. 

Life Insurance Benefits

Getting a senior market health & life insurance plan is also a good idea to ensure you have access to life insurance. Even as a senior citizen, having life insurance is important as you may need it to provide financial support. Fortunately, there are ways that you can obtain this coverage. This can ensure you can provide a death benefit to those you care about if you pass away unexpectedly. 

A senior market health & life insurance plan is very important for anyone in the Buena Vista, VA area. When looking for this type of coverage here, calling our professionals with Stonewall Grace Insurance would be a great idea. Our team with Stonewall Grace Insurance can offer any guidance you need to assess your insurance needs and build a plan to ensure your needs are met. 

How To Know If You Need Disability Insurance

The agents at Stonewall Grace Insurance know that the idea of becoming disabled and no longer being able to provide for you or your family financially is a big concern for Buena Vista, VA residents. Fortunately, disability insurance is a great way to protect yourself. But how do you know if you need it? 

You Have Dependents  

If you have loved ones who depend on the money you earn, like a spouse or children, you should have a disability insurance plan in place. This means that if you get sick or injured and can’t work anymore, the insurance will replace a portion of your income. 

You Live Alone  

You should also consider disability insurance if you live alone and have few to no other resources besides your own income. If you’re hurt or become ill and don’t have anyone else to rely on, you could end up with even more significant problems like losing your housing. 

You Work A High-Risk Job 

People who have jobs in high-risk fields like construction, roofing, or law enforcement are more likely to become disabled than people who work in offices or retail establishments. Disability can occur for any reason, but individuals who work in industries that have high injury and mortality rates also have a higher rate of becoming temporarily or permanently disabled. 

If you wait to get disability insurance in Buena Vista, VA, there might be a time when it’s too late, and you need coverage you can’t find. Stonewall Grace Insurance can help. Contact us today to learn more about how you can protect your family and yourself from financial strain if the worst happens and you or a loved one can no longer work a job.