Your watercraft investments require protection. What are watercraft investments? Your catamaran, speedboat, sailboat, jet ski, Sea doo, and your yacht all qualify as watercraft investments. At Grove Financial & Associates, Inc., we help you protect your watercraft and your finances. We serve the metropolitan area of Mechanicsburg, PA, providing financial products like insurance to protect your personal property and your financial future.
Boat insurance protects you in multiple ways. First, it protects your purchase by paying for repairs and parts if your watercraft sustains damage in an accident. If you total the boat, the insurance policy pays for a replacement.
The policy functions a lot like the insurance you carry on your car. It covers bodily injury and liability; a full coverage policy also includes collision and comprehensive coverage. The latter two mean that your boat repairs get covered even if you have a waterway fender bender with a boat dock or pilings at the marina.
If you cause an accident, boat insurance pays for the damage to the other person’s boat and personal property, plus the liability portion covers their medical care or funeral costs.
The coverage you buy to protect your boat also protects you when you travel beyond Mechanicsburg, PA and rent a boat or a jet ski or a Sea doo. It is coverage that you take with you.
Once you register your boat, you can purchase boat insurance. Your financial lender might require you to purchase it if you obtained a loan to buy your boat or other watercraft.
Grove Financial & Associates, Inc. can help you determine the right boat policy for you. Contact us today to discuss insuring your watercraft investment. Let us help protect your financial future.
To best understand umbrella insurance coverage, it helps to know what types of situations you need umbrella coverage in. There are numerous situations you could face in Mechanicsburg, PA where having umbrella insurance coverage could be a lifesaver. At Grove Financial & Associates, Inc, we offer umbrella insurance policies.
The following are three situations that put you in need of umbrella insurance coverage.
An accident leading to a lawsuit against you occurs on your property.
As a property owner, you could be sued if an accident occurs on your property. Your home or property insurance policy will cover resulting damages up to a certain amount.
However, lawsuit damages for a property owner could exceed the policy maximum of their home or property insurance policy. This is when umbrella coverage comes into play. Umbrella insurance will cover damages over the maximum coverage amounts of your home or property insurance policy.
You are being sued for libel or slander.
Being sued for libel or slander is always expensive. Even if a slander or libel lawsuit against you is dropped, you will still have to pay for legal costs to defend yourself.
Umbrella insurance policies cover the costs of lawsuit damages resulting from libel or slander accusations against the policyholder.
You are involved in an auto accident resulting in significant property damage and medical costs.
Umbrella insurance enhances your auto insurance policy just as it does your home insurance policy. Umbrella insurance covers damages above your auto insurance policy maximums.
Find the right umbrella insurance policy in Mechanicsburg, PA with our help at Grove Financial & Associates, Inc. Contact us with your questions and inquiries regarding umbrella insurance policies.
You have just purchased a fantastic condo, and it is one of the most significant investments that you will make in your lifetime. You need to obtain condo insurance to protect your investment in your new home, but what exactly does condo insurance cover?
Condo insurance typically includes standard coverages to help protect you and your condominium unit, as well as your personal belongings and household goods.
Personal Liability Coverage
This type of coverage is great to have, especially if a guest who is visiting you at your condo is accidentally injured, and it is deemed to be your fault. Your condo insurance policy will help you pay your legal fees and the medical bills of the guest who was injured.
Building Property Protection
If a fire or other disaster destroys your condo, this part of your policy will pay to repair damages to the walls of your condo as well as the interior, including fixtures.
Personal Property Coverage
Personal property coverage will help you replace or repair items, such as your furniture, electronics, clothing, and other items if they are stolen or damaged in some way that is covered under your policy.
In addition to the standard condo insurance coverages, there are more coverage options you can choose from to add to your policy.
Flood insurance may be in order if you live an area of Pennsylvania that flooding occurs often. This coverage will repair or replace items lost due to flooding. You can also opt for an umbrella insurance policy that will pay for damages you incur in a court case or even if you are sued for libel or slander.
To create the best condo insurance policy for you and your situation, you will need to enlist an insurance agent who is experienced and skilled in condo insurance. The agents at Grove Financial & Associates Inc. in Mechanicsburg, PA are ready to create your condo insurance policy today!
As a new driver in Pennsylvania, you may have some misconceptions about auto insurance protection. These misconceptions could cause you to make costly mistakes in your coverage. At Grove Financial & Associates, Inc., we’ll provide you with the facts concerning auto insurance protection so that you can make good insurance choices. Here are some vital auto insurance facts every new driver should know.
Fact: Auto insurance isn’t one size fits all. You can customize your coverage to obtain the essential protection you need. Customizing your policy can also save you money on your premium.
Fact: Standard auto policies in Pennsylvania offer numerous coverage options to include:
- Liability – helps cover damage to others in accidents you cause
- Collision – helps pay collision damage to your car.
- Comprehensive – protects your car from theft and covers damage caused by non-collision sources like falling objects, inclement weather, and vandalism.
- Uninsured Motorist – helps cover damage to your car caused by an uninsured or hit and run driver.
- Roadside Assist – helps cover towing and minor vehicle repairs if your vehicle breaks down unexpectedly on the road.
- Car Rental Protection – helps cover car rental car costs if your vehicle has to go to the shop for repairs.
Fact: Liability coverage is mandatory in most states, and Pennsylvania is no exception. All drivers are required to carry minimum liability coverage. This insurance pays for injuries and property damage of other drivers in accidents you cause.
Fact: Auto insurance coverage and costs vary from one insurer to another. By shopping around and comparing what different insurers have to offer, you can obtain quality coverage at reasonable prices.
Learn more about auto insurance in Carlisle and Mechanicsburg, PA by calling or visiting an agent from Grove Financial & Associates, Inc. today.
Many businesses will experience some kind of unforeseen losses. This can be in the form of damaged or stolen inventory, accidents such as fires or weather events, and even motor vehicle crashes involving commercial vehicles. When this happens, businesses will benefit from having an active commercial policy in force to help cover the costs of losses or protect against lawsuits if the business is at fault for the damage.
There are a few kinds of businesses that will benefit the most from commercial insurance. Providers such as Grove Financial & Associates, Inc. can provide coverage to companies in the Mechanicsburg, PA region.
Companies with fleets of commercial vehicles
Delivery trucks, taxi cabs, ride-sharing services, moving companies, and other businesses that rely on getting people and goods back and forth are exposed to high levels of risk by being on the roads for extended periods. An accident and subsequent legal action and insurance claims can turn into a considerable expense. An employee’s lost wages may also need to be paid after a collision. Commercial insurance is one of the only ways to cover the possibility of these events.
Businesses with a large inventory
Any business from an antique dealer to a company that manufactures large volumes of inexpensive products can face several problems if the inventory is damaged or lost. Inventory is especially vulnerable because anything from a natural disaster to problems with the manufacturing process can cause huge losses. Money from a relevant policy can help replace these items as quickly as possible.
Find out what commercial policy will work best for you
To learn more about getting commercial insurance, you can speak with an agent who serves the Mechanicsburg, PA area. Representatives from Grove Financial & Associates, Inc. will answer your questions and help you set up a policy.
If you live in Mechanicsburg, PA, you probably know the importance of having a home insurance policy. Home insurance can help cover your home from natural disasters, theft, and accidental damages. While no one wishes ever to make a home insurance claim, it happens at times, and after a catastrophe, all you want is to get back on your feet as fast as possible. Grove Financial & Associates, Inc. wants that too.
What factors determine your home insurance rate and claim?
- The age of the house
- The location
- Type of construction
- Replacement cost
- Home-based business
- Swimming pool
What to do
In the event of an accident, whether it is fire or burglary, the first thing to do is to notify your insurance provider. If you were not at home, don’t enter until you have been permitted to by your insurer. If there is something you can do to save the situation, do so, and keep a record. You will also need to note down the damaged items as you wait for the insurance company agents to arrive.
Your insurance provider should send an agent to inspect the house immediately and record the damages. If your home is not too damaged, he or she may recommend replacements and repairs. You can choose whether to do it yourself or have the insurance company handle it. It is worth sourcing your receipts for valuable items, especially if they were damaged by fire. Receipts act as proof that you owned specific items.
Knowing what to do in the event of destruction is the first step into a fast and successful home insurance claim. At Grove Financial & Associates, Inc., we understand that your home is the most critical asset. Therefore, we can help you protect it at all costs. Feel free to visit us in Mechanicsburg, PA today!