Your assets represent a lot of your time spent. At $10 per hour, it takes a full workweek to make a single $400 car payment, two full weeks for the apartment’s $800 rent, and months (or years) to cover the price of the things accumulated within the apartment. It only takes another person’s bad decision to lose all of that lifetime spent. The experienced professionals at Cary-Wheeler & Associates Inc., serving the Richmond, VA area, can keep that time spent from going far with various coverage options.
Virginia Auto Insurance
The state of Virginia requires automobiles to carry 25/50/20 coverage; that is $25,000 for individual injury, $50,000 total medical, with $20,000 to cover property damage. Auto lenders often require full coverage, though you may wish to hold that even if the car is paid should the car be new. There are additional coverages, such as uninsured motorist, that may be useful regardless of if there is a loan or not.
Many leases ask that a renter indemnify the owner for damages not directly caused by them. Another tenant's grease fire can lead to your home being destroyed. Though that tenant is technically liable, unless they have the cash and willingness to pay upfront, you will be spending out of pocket for another dwelling and furnishings. Renters insurance protects you so that you are not swallowing the whole loss.
Additional Insurance Options
These are just the most common insurances offered. We also provide a full range of coverages such as homeowners, commercial, and life insurance. Umbrella insurance is available in case the traditional coverage amounts need to be higher. There are also bundle deals to increase savings.
Request an appointment with Cary-Wheeler & Associates Inc., serving the Richmond, VA area, to discuss what you may wish to have protected.