Common Life Insurance Misconceptions

Dove Insurance Agency assists the Blacksburg, VA community, as well as the surrounding areas by offering multiple types of insurance policies. As an independent agency, we have established successful partnerships with multiple insurance providers. This allows us to help our clients regardless of their needs.

Life Insurance

Life Insurance provides a safety net for you and your family once you pass away. Term life insurance covers you over a specified period of time. The most common length of policy is between 10 and 20 years. Whole life insurance covers you throughout your entire lifespan. As you are researching different policies, please try to avoid some of the common misconceptions about life insurance that people believe are facts.

I Can Just Rely On My Coverage Provided Through My Job

While your employer may provide you with substantial coverage, it may be a mistake to simply rely on that policy. Adding extra coverage provides an additional layer of protection so that you’ll be covered regardless of any circumstances that may arise.

Single people Don’t Need Coverage

While you may be single right now, you don’t know what the future holds. It’s important to think about where you might be five years from now. Life insurance ensures that regardless of what path you take in the future, you’ll still have protection.

Stay At Home Parents Don’t Need It

This is not true. As a stay at home parent, you provide an important service that is difficult to replace. Life insurance provides a layer of protection in the event that you pass.

I Can Easily Change My Policy

Research the language in your policy carefully, as you may have to fill out paperwork in order to change a term life policy into a whole life policy, for example.

Dove Insurance Agency Can Help You

If you are a Blacksburg, VA resident, and you’re looking for help discussing your life insurance policy options, please contact us.  

What’s the Least Amount of Auto Insurance Coverage Required?

Every states require drivers to carry a minimum level of auto insurance. However, those minimums vary from state to state.

Virginia’s State Minimums for Auto Insurance

Virginia’s state laws require all drivers to carry a minimum liability insurance policy of $25,000/$50,000/$20,000, unless a higher amount is specified by Virginia DMV (For example, if you need an FR-44).

The above amounts are read as bodily injury up to twenty-five thousand dollars a person and fifty thousand dollars per accident, whereas property damage coverage must be maintained at twenty thousand dollars per accident. Uninsured motorist coverage must include twenty-five thousand dollars per person and fifty thousand dollars per accident, and twenty thousand dollars per accident.

Higher Limits Are Available

While the minimum state requirements are just that—the minimum— it’s recommended to purchase higher limits to help protect your assets.

For example, if you’re a homeowner then you should purchase no less than $100,000/$300,000/$100,000 limits. If you have higher valued assets (such as rental homes, RVs, etc..) or have higher exposures, higher limits are generally recommended, perhaps combined with an umbrella policy.

MULTIPLE CARRIERS, MULTIPLE COVERAGE OPTIONS

Whether you need new coverage or have questions about your existing policy, we have answers.

  • Do you know how far your current coverage extends in the event of an accident?
  • Is your Bodily Injury Liability limit enough to protect your assets?
  • Do you currently have the right comprehensive & collision coverage for your vehicle?
  • How much do you pay out of pocket before a claim is covered?
  • Will your policy cover a glass claim?

Bodily Injury and Property Damage Liability  This covers your legal liability for a covered accident that involves injury to another person or damage to someone’s property, up to the limit of liability you select.

Uninsured Motorist Coverage.   This provides protection against uninsured drivers and is available in form of uninsured bodily injury and property damage. It’s meant to compensate for the repair and replacement expenses from under/uninsured motorists.

Collision Coverage.   This takes care of all expenses incurred, minus the deductible, in the form of repair and replacement costs at the time of the accident.

Comprehensive Coverage.   Also known as Other Than Collision Coverage, this is meant to cover the damages that occur or might have occurred because of events other than accidents. These events could be a flood, fire, theft, vandalism, glass, collision with an animal, floods and other natural disasters.

Plus many options, and some unique to specific carriers, such as Towing and Roadside Assistance, Rental Car Coverage, Income Loss, New Car Replacement, Pet Injury and Medical Payments.

Discounts

Safe Drive, Accident Forgiveness, Diminishing Deductible, Multi-policy/Multi-car, Homeowner/Renter, Pay in Full, EFT/Paperless, New Car Replacement, Education, Employment, and much more!

We’re Here to Help

At Dove Insurance Agency, our family of Independent Agents are dedicated to serving your auto insurance needs. We will help educate you on available coverages, and how much you need for your vehicle.

No matter where you live in Virginia, we have an auto insurance policy to fit your situation.

Contact us today at 540-382-4277

Summer Home Safety Tips

Summer is the time Blacksburg, VA families and friends begin to gather for barbecues, pool parties and backyard get together’s. The team at Dove Insurance Agency wants to remind you that increased activity around the home can lead to increased risks or accidents, injury, or even illness. Here are some quick safety tips to minimize your risks this summer.

Be Cautious with Yard Equipment

Mowers, edgers, trimmers, and chain saws can cause serious injuries quickly. Make sure debris is picked up before mowing any yard, and wear eye protection when using power yard equipment. Avoid loose clothing and never use a tool for any other purpose than it was created. 

Grill Safely

Backyard grills are the centerpiece for many activities throughout the summer. They also can be the source of injuries, accidents and even illness. Only use long-handled tools. Never leave a lit grill unintended. Keep hot grills outside and away from structures and flammable objects. Thoroughly cook foods to recommended temperatures. Keep grills clean and don’t use marinades for meats as a basting sauce.

Look for Trip and Fall Hazards

Over the course of time, steps can become loose, sidewalks can crack or become uneven and holes can develop in your yard. Take a quick survey of your yard, looking for these trips hazards, and address them as quickly as possible. Make sure you have sufficient outdoor lighting for evening gatherings out of doors. 

Should harm come to someone on your property, you could be exposed to a liability claim. Sufficient homeowners’ insurance can protect you financially from such claims. From the associated legal costs to any settlements or judgments, liability coverage is a critical part of your home insurance. Would your Blacksburg, VA area home be covered? Contact Dove Insurance Agency for a no-obligation homeowners’ insurance review and quote and enjoy your home this summer with greater peace of mind. 

How much life insurance is enough?

Nobody likes to think about life insurance much less talk about it but it should be part of everyone’s long term financial planning. Life insurance is much more than just the death benefit. Knowing that you have enough to take care of any dependents that you may have for as long as they need it is important. At Dove Insurance Agency we have more than 50 years of insurance experience that we are happy to share with our customers.

How much life insurance you need is dependent on several things.

Do you have dependents? Dependents can be your children and spouse but there are others who may be dependent on your income. You may have parents who may need some help as they age, a sibling with a disability, or even a business partner.

How old are your dependents? How many years do you want to provide for them?  If you have young children the number of years may be as much as 20 or more considering they may want to go to college. For a dependent with a disability, it can be for their entire lifetime.

Do you have debt? Most people have some debt but it isn’t just about credit card debt or a car loan. If you have a home, likely you have a mortgage and if it is a recent purchase it can be quite large.

Have you taken care of your final arrangement? These days a funeral can cost upwards of $10,000 and even if you have no other life insurance, having enough to cover your last expenses can save your family trying to gather enough to pay.

Experts recommend that you have at least 8-10 years of your salary in life insurance. This is just a recommendation, your expectations may be much higher or lower. Only you can decide what is enough.

At Dove Insurance Agency in Christiansburg, VA we are here to help you to get the amount of life insurance that is right for you.  Give our office a call for a no-obligation quote or get an online quote instantly!

How to create a home inventory

When you hear home inventory what comes to mind? Do you picture all the rooms in your home and all the meaningful personal items that fill them? This is certainly part of it but what about the things that you don’t use or look at every day. Have you ever considered how many seasonal decorations that you have? Probably not, if you are like most people you have a combination of items that you inherited, accumulated and only look at for a few days or months every year. At Dove Insurance Agency in Blacksburg, VA we want to share our more than 50 years of experience with our current and future customers. 

You can opt to do a digital inventory or you can do it the traditional way with a pad and a pen. Whichever way you choose, you need to go through your home room by room and make a record of all the things that it contains. It needs to be detailed and when it comes to electronics especially, having a sales slip, brand name, model number and serial number is not too much information to include. The more detail you include, the better chance that you will have when it comes to a claim of having your items replaced. 

You need to go into your closets, attic, and basement. Open cupboards, drawers and look on shelves. Bring along your camera if you are writing the items and take pictures. Having an appraisal for any of your more expensive items is vital. Being detail-oriented is a very good thing. When you are finished place your inventory in a safe place, safe from fire or flood.

If you want to learn more about creating a home inventory or any other insurance questions, give Dove Insurance Agency on Blacksburg, VA a call. We look forward to helping you no matter what your insurance needs. 

 

 

Protecting Your Family Home With Life Insurance

There is a special kind of life insurance that you buy to protect your home. This is sometimes called mortgage protection insurance. Regular home insurance provides protection against calamities that damage the house. Mortgage protection insurance pays off the mortgage if the insured person dies. It can also be extended to pay benefits while that person is alive if they become permanently disabled or get a terminal illness.

Why is life insurance important for your family home?

The median price for a home in Virginia is $285,587. These prices are going up by about 4% each year. Most families need two incomes to be able to sustain the cost of living expenses necessary to own a home. If one of those income-earners is no longer able to make their part of the needed financial contribution, then this puts the family at the risk of losing their home.

The grief of losing a loved one is bad enough. Add losing the family home on top of that grief is the worst kind of emotional torture.

Mortgage Protection Insurance

The good news is that mortgage protection insurance is available to protect your family from this horrible risk. It is usually easy to get approved for this type of life insurance. It rarely requires a medical exam, even for those with pre-existing medical conditions. Talk with your agent at Dove Insurance Agency, serving Blacksburg, VA and the surrounding area, to see what is possible for your specific circumstance.

Peace of Mind

Dedicating the proceeds of a life insurance policy to pay off a mortgage is a very wise financial planning strategy. You will know what happens if you die and that your family will still be able to live in the house that they love while no longer having to make a mortgage payment. If you extend the benefits to pay a claim while you are still alive for terminal illness and permanent disability, you will enjoy the protection as well.

Contact your agent at Dove Insurance Agency in Blacksburg, VA to get a quote for this special kind of life insurance.

3 Auto Maintenance Checks You Should Do This Year

Another year has come and gone, and your car is in desperate need of maintenance services. At Dove Insurance Agency, the quality and safety of our customers is important, which is why we are offering you the following reminders. Below are three auto maintenance services that our Blacksburg, VA clients should consider this year to keep their car performing. 

Change Your Power Steering Fluid

Depending on how old your car is, the power steering fluid may have never been changed. If so, it is time to flush the old fluid and have fresh fluid flowing. This fluid is designed to keep the power steering operational and allow you to turn your vehicle left and right with no effort at all. 

Have Your Tires Inspected

What kind of life do you have left on your tires? If it has been a few years since you last got tires, it is time to check their wear and tear. Have a certified technician inspect the tread level and purchase new tires if those you have are running low on tread. The smoother the tire the more dangerous they are when driving. 

How’s the battery?

Every few years, it is time to get a new battery for your car. They can easily be inspected at a nearby shop or parts store for their life quality. If it is below 80%, then it is time to get a new one with a warranty. 

Add Auto Insurance to these Maintenance Services!

While you are having your car inspected and serviced, it is time to check on a new auto insurance policy. If you live in the Blacksburg, VA area, you can use our online rating tool or call our agents at Dove Insurance Agency today for more information about the policies we offer. Let us help you get a quote.

3 Things to Remember When Driving in Cold Weather

Cold weather can wreak havoc on the roads. While snow and ice are visible signs that we can watch for when we drive, but other signs aren’t so easy to see but can be equally dangerous. At Dove Insurance Agency, the agents offer advice to their clients in Blacksburg, VA when it comes to staying safe on the roads during the winter months.

Bridges Freeze Faster Than Roadways

Because air is continuously flowing above and below bridges, their surfaces tend to freeze over faster. This can mean slick spots that will send you spinning out of control if you hit them too fast. Slow down when approaching a bridge if the temps are below freezing.

Black Ice is Invisible

Black ice can be found anywhere on the road where moisture collects. Once the water freezes, it blends in with the surface of the road and is difficult to see. Always drive carefully and be aware of the road conditions. If temps are below freezing, drive as carefully as possible.

Allow Your Car Time to Warm Up Before Leaving

Driving your car while the engine is still cold can increase wear and tear. Start your vehicle and allow it to warm up for a few minutes before leaving. This gives the oil enough time to warm up and coat all the parts before you put a load on the engine.

The agents at Dove Insurance Agency offers assistance to their clients who live in Blacksburg, VA and want to know more about safe driving and weather conditions. If you want to learn more, call our office today!

What Non Collision Events Are Covered Under Your Auto Insurance?

You’re headed down I-81 or Route 460 in the winter, and a deer jumps out in front of your car before you can stop. Maybe you’re driving down a local road when a tree branch crashes onto your vehicle during a storm.

Hopefully, none of this happens to you. But it’s important to understand whether these events are covered under your current insurance policy.

At Dove Insurance Agency, our Family of Independent Agents can help you determine whether your  vehicle is adequately covered. In the meantime, here’s some valuable information about non-collision events and car insurance.

What Does Collision Cover?

Collision coverage pays for costly repairs if you get into an accident. Such as hitting another vehicle or running into a ditch.

However, collision doesn’t cover damage due to rain, fire, flood, glass breakage, or theft.

Comprehensive Coverage for “Everything Else”

Comprehensive insurance, also called Other Than Collision, is the “everything else” bucket for damage to your vehicle.

So, if a tree limb hits your car, a rock slide buries it, or a hail storm damages your hood – you need comprehensive coverage. If you come out of your home, workplace, or shopping center to find your vehicle missing, your comprehensive coverage kicks in. This coverage saves you from significant financial loss in case of these and similar events.

Also included are Acts of God, which in terms of insurance coverage, includes damage due to floods, fire, and storm debris.

What Insurance Is Required in Virginia?

Virginia law doesn’t require comprehensive coverage, but the following insurance is required:

  • Bodily injury and uninsured/underinsured motorist coverage
  • Property damage and uninsured property damage

Serving the Commonwealth of Virginia For Over 50 Years!

At Dove Insurance Agency our family of Independent Agents are dedicated to serving you and working with your lifestyle. We’ll educate you on the coverage you need to keep your property and family secure, no matter what the future brings.

Instead of working for one big company, our family of Independent Agents represent multiple insurance providers. This allows us to compare rates and coverages so you’ll get the best coverage-to-value policy available.

We’re here to serve you.

Blacksburg • Christiansburg • Salem • Radford • Roanoke

3 Home Improvements that Increase Home Value

Fall is a great time to upgrade your Blacksburg, VA home to make it a more comfortable, functional place to live. Some home improvements will even increase your home’s value. Before taking on home improvement projects, talk to an agent from Dove Insurance Agency to see how those improvements will affect the price of your property and home insurance coverage. Here are a few ideas for remodeling jobs that will increase your home’s value.

New Roof

If you own an older home, chances are your roof has quite a bit of wear and tear. Replacing your roof will not only provide greater protection for your home, but it will also increase its value. You can have peace of mind knowing you have a solid roof over your head to endure whatever weather comes your way in the years to come. 

Remodel Kitchen

Kitchen remodeling is another project that can raise the value of your home, especially if you use high-end materials in your remodeling project. Kitchens are popular places in most homes, where families like to gather. Upgrading your cabinets, counters, lights or floors can make your kitchen a more attractive (and functional) environment. If you like to cook, a kitchen upgrade will definitely raise your spirits while preparing meals for your family.

Replacing Windows

Putting in new energy-efficient windows will improve your home’s appearance, boost safety and security, and increase your home’s value. New windows will eliminate drafts so you can maintain a comfortable home temperature year-round without breaking the bank. You’ll also appreciate the security that new windows can provide in protecting your family against break-ins.

Don’t forget to add these projects to your home insurance policy upon completion, so they will be included in your coverage. To update your home insurance, contact Dove Insurance Agency in Blacksburg, VA.