Local Insurance Options, Personal and Commercial

Management is doing things right; leadership is doing the right things.” — Peter Drucker

The above quote has been recited countless times in management and business courses throughout the world. To build better leaders and to improve efficiency in an ever evolving society, we need sound principles to retain our focus. But these words aren’t solely for businesses applications as our daily lives can reap enormous benefits from this wisdom as well.

Being part of a community as a business owner means many things. Yet first and foremost is the simple fact that you, as an individual, represent both your personal and business identities. Our family agency started in Radford, Va over 50 years ago. We’ve been able to grow by building relationships across the Commonwealth and trying our best to provide superior customer service. Now three generations strong our family agency is still growing. So, as simple as it may seem, we’d like to say Thank You—to everyone we’ve had the pleasure to know over the years.

When you understand the role insurance plays for your home, auto or business, it’s easy to see how effective certain coverages can be and the immense value they hold.

The good news is that our family of Independent Agents can work with you one-on-one to find the right solution for your insurance needs. When you meet with one of our Independent Agents, you’re giving yourself the best opportunity to find the best value.

Simply put: We Don’t Work For Just One Insurance Carrier.

When you walk inside our doors or call us on the phone, we listen to your needs and help you make the correct choices.

This means you’ll never be forced into a specific company or into a policy that ultimately feels wrong. And unlike an online insurance provider, our family of Independent Agents can give you personalized attention and help whenever you have questions.

At Dove Insurance, we’ve worked with our clients across the Commonwealth of Virginia for over 50 years to help them make the right decisions. By choosing Dove Insurance, you can cover any of your personal and commercials insurance needs, such as:

Personal Autos
Rental Properties
Life Insurance
Flood Insurance
Classic Cars
Commercial Auto
Personal Umbrella
Renter’s Insurance
General & Excess Liability
Businessowners Policy
Commercial Packages
Commercial Umbrella
Worker’s Compensation

Discover everything an Independent Agent can do for you!

Dove Insurance serves Virginia; including Blacksburg, Carawba, Centreville, Christiansburg, Covington, Floyd, Galax. Harrisonburg, Hopewell, Leesburg, Lynchburg, Pulaski, Radford, Richmond, Riner, Roanoke, Salem, Staunton, Waynesboro, and Wytheville.

Learn How a Wood Stove Can Affect Your Insurance

Ask a lot of homeowners in southwest Virginia about an attractive way to add charm to a home and one popular answer you’ll hear is to install a wood stove. Not only do wood stoves provide supplemental heat in the winter, but the natural smell of burning wood is tough to beat. And depending on your budget, some wood stoves add a unique aesthetic touch to any room.

But did you know that a wood stove can affect your homeowners insurance?

In fact, one of the biggest concerns with a wood stove is eligibility issues. Some insurance carriers won’t issue a policy with a wood stove, and most carriers add a small charge to your premium for having one.

And it doesn’t matter if the wood stove is used—just the presence of a flue is enough.

So what do you need to know about a wood stove and your insurance policy? Here are some items to consider:

  1. Wood stoves must be disclosed on an insurance application or if installed later it’s your responsibility to notify your insurance carrier.
  2. Check with your insurance carrier about wood stove requirements. These vary from company to company, but usually include requirements such as professional installation, annually cleaned/safety check, and signed company specific questionnaire.
  3. The location of your wood stove matters. For example, having a wood stove in a garage or detached structure is unacceptable by many carriers. Always ask about outdoor wood stoves.
  4. Most insurance companies will not allow a wood stove to be the main heat source. A thermostatically controlled heating system is generally required

Serving The Commonwealth of Virginia For Over 50 Years

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.

Let us help.

The Start Of A New Financial Climb: 2019

One way or another, securing our finances for the New Year always makes our resolution list. Just as the sun starts it climb anew everyday, January 1st brings the start to a new financial climb.

And trust me, everyone worries about their finances. (For example, did you know the average monthly car loan payment is $530 for new vehicles and $381 for used ones?)*

However, there are other items to consider besides cash flow when making your 2019 financial plans.

Will you make an extra effort to support local businesses in 2019? From Roanoke to Blacksburg, southwest VA has many great businesses like cafes and shops, salons, tech start-ups, trade services, and licensed professionals that rely on their community.

Will you increase your charitable contributions this year? Find an effort you wish to support by holding back some extra income and give with an open heart. Even a few dollars per month is a good start.

Are you holding back enough for your family’s future? It’s a fact: everyday kids get older and you get closer to retirement. If you need help take a look at the experts from The Dave Ramsey show and start laying the groundwork to your financial peace.

What will you read to improve your financial literacy? News headlines don’t count. Discover new educational outlets to study on a financial topic that interests you. Libraries are a great way to start, and they’re free.

2019 is going to be a great year!

It’s true. It won’t always be easy, but continue to persevere and take each step with the awareness of improving your life and those around you.

“Give instruction to a wise man, and he will be yet wiser.” — Proverbs 9:9

*third quarter of 2018 according to credit reporting agency Experian

Planning For Your Insurance in 2019

Time flies by. In a few short weeks we’ll usher in 2019 and the last year of this decade. Do you realize that 10 years ago (that’s 2009 for you non-math majors) we witnessed such headlines as: GM filing for bankruptcy, Michael Jackson passing away, President Obama being sworn in, Cash For Clunkers being a thing,  and the Pittsburgh Steelers surviving the Arizona Cardinals in Super Bowl XLIII.

Though you may remember some of these events, can you remember where you were in life 10 years ago? And how much has life changed in this same time frame?

Your insurance needs evolve over time. There are numerous “life events” such as marriage, kids learning to drive, newer cars, or perhaps your assets have grown and now you need broader coverages; but whatever life throws at you it pays to talk with an Independent Agent.

We’re here for you. 

A good story is someone we spoke with recently and quoted multiple policies for. This married couple had an online policy for many years and wanted to compare some rates. When we looked over their current coverages, the most striking issue we saw were state minimum liability amounts. This couple not only owned their home and a rental property, but they were medical professionals. When we explained the risk they were taking to save a few dollars from this online policy, they wisely listened. Understanding your insurance should be part of your buying decision.

Remember, insurance isn’t just a rate. 

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.

A Quick Look at the Long History of Travelers Insurance

“In 1864, Hartford businessman James G. Batterson met a local banker, James E. Bolter, in the post office. Bolter had heard that Batterson and several fellow townsmen were organizing a company to introduce accident insurance to the United States. He asked Batterson how much he would charge to insure him for his four-block walk home. “Two cents,” Batterson said.”

Between TV, internet, and radio ads it’s rare for an insurance commercial not to be seen or heard every hour. Some are funny, and some not. Interestingly very few tell you anything about their coverage offerings outside a few catch phrases, but that’s another discussion.

My point is that as consumers we only hear from 4 or 5 insurance companies when in fact there’s 100 licensed carriers in Virginia.

One of the oldest and most reliable insurance carriers, Travelers Insurance (A++ by A.M. best), is one of many options you have for personal and commercial insurance lines in Virginia. As an Independent Insurance Agency, our family at Dove Insurance has worked with Travelers Insurance for 50 years.

Our take on this long partnership is simple: you don’t do business with someone this long if they don’t take of people. And Travelers has done an excellent job over the decades.

Interesting Facts About Travelers Insurance

Travelers Insurance has as a history of insurance firsts. Just take a look at this long list of industry milestones:

1864: *Introduced accident insurance.
1897: *Issued an automobile insurance policy.
1889: Offered liability insurance to employers, known today as workers compensation.
1903: *Opened an insurance school.
1904: *Organized a corps of safety engineers.
1919: *Offered aircraft liability insurance, with a full aviation program.
1956: *Established a weather research center.
1958: *Offered life insurance to women at lower rates than men.
1961: *Introduced a new coverage option for electronic data processing.
1968: *Pioneered the “CAT Van,” a specially modified RV used as a mobile claim office to assist policyholders after disasters.
1969: *Issued accident policies for space flight and lunar exploration.
1971: *Established the Office of Consumer Information, providing all consumers, not just Travelers customers, with a toll-free number, to call and comment on insurance issues or ask insurance-related questions.
1980: *Installed an interactive company/insurance agency computer system.
1997: *Launched an insurance policy to protect individuals who use personal computers for online banking.

*Insurance industry first


What Are Your Auto Bodily Injury Options & Which Should You Choose?

Has anyone ever explained to you what your liability options are on a personal policy and how it covers you? Did you know that choosing the correct amount of liability coverage can help protect your assets?

When you purchase a Home or Auto insurance plan it’s important to understand the role your liability coverage plays, and choosing the right liability option can help protect you and your family:

Bodily Injury Limits

“I just need the cheapest insurance policy.”

“I don’t want to be over insured.”

“Someone can’t take what I don’t have.”

These phrases and their like are common when dealing with auto insurance. Yes, insurance is a bill that most of us would rather not pay. However, whether you understand its’ role or not, insurance helps protect you.

Your bodily injury limits on your auto insurance policy cover others that may be injured from an accident where you’re held legally liable. In other words, it protects you up to the policy amounts where you’re held responsible. The required Virginia state minimum coverage is $25,000/$50,000/$20,000 for an auto insurance policy. How is this read? It’s simple.

Let’s say you rear-end another vehicle at a stop light. The driver and passenger both go to the hospital, their vehicle is severely damaged, and you’re found at-fault for the incident. If your policy contains the above limits, it means your policy will pay the injured party no more than $25,000 per person and no more than $50,000 per accident. It’ll also pay up to $20,000 for property damage (their car). So if their bills total $100,000 or a lawsuit is filed the above limits are the maximum amount your policy will pay. Once your insurance policy limits are exhausted, you may be left with the remaining bill.

Depending on your situation, it may only cost a few dollars more per month to increase your liability limits.

If you’re a homeowner it’s generally recommended to carry no less than liability limits of $100,000/$300,000/$100,000. Higher limits are also available and you if you have more assets that need protecting you should ask about an Umbrella policy (excess liability).

Think About What’s Out There

It’s not secret that medical costs are rising. Vehicles are now equipped more technology and so are their costs. Lawyers haven’t disappeared.

Talk to our Family of Independent Agents today and see what coverage options are available to you. For over 50 years we’ve served families across the Commonwealth of Virginia.

Let us help.

New Rider? Quick Guide To Motorcycle Insurance

For starters, if you’re a new motorcycle rider, congratulations! Not only are motorcycles a great way to enjoy the open roads of the Blue Ridge Mountains and view the scenery of Southwest Virginia, but it’s also a convenient and possible cost saving means of transportation.

Besides learning to ride, obtaining proper Motorcycle Insurance is a critical part of the process. Much like protective gear, insuring your bike can help keep your mind clear and focused on the road ahead. So what’s inside a motorcycle policy? Take a look and familiarize yourself with these terms so you know what to look for:

Liability Coverage

Like an auto insurance policy, liability coverage covers you for personal injury and/or property damage that you’re liable for while operating your motorcycle. Virginia requires a minimum of $25,000 per person/$50,000 per accident/$20,000 property damage per accident. Higher limits are available and differ for each company.

Uninsured Motorist Coverage and Uninsured Motorist Property Damage

This provides coverage for you if another party damages your bike or injures you in an accident, and either does not have insurance, carries too little insurance to cover your bills, or you’re involved in a hit or run. UM/UIM pay for damages to your motorcycle, your injuries/medical bills, and lost wages if you can’t work.

Note that available coverage is usually limited to no more than your liability coverage limits.

Comprehensive and Collision Coverage

Physical damage coverage for your bike. Motorcyclists take note that this also covers your bike if it’s stolen, vandalized, of if you tun the bike over. Deductibles are available in many options and some insurance providers offer a disappearing deductible.

Medical Payments

Pays for your medical bills (or your passengers’) if you’re in an accident, regardless of who is at fault. Do note that your medical insurance is primary.

Total Loss Coverage, Carried Contents Coverage, Enhanced Injury Protection, Transportation Expenses, Towing/Roadside, and More!

Motorcycle Insurance policies are personalized to your coverage needs. There are numerous carriers to choose from and each one looks at you and your bike in a different way. With the help of our Family of Independent Agents, we help you find a policy tailored to your needs at a competitive price. We represent many of the top Motorcycle Insurance companies in the country, and work for you, not them.

Let us help.

Law of Large Numbers

When you think of insurance as a financial product how big do you imagine? Or put another way, how many people do you imagine when you think of insurance?

While your individual rate factors in your information, insurance carrier rates as a whole are based on the group. There is a statistical term called the “Law of Large Numbers” that you may or may not be familiar with. It simply states that “as a sample size grows, its mean gets closer to the average of the whole population.

For example, say we wanted to find the statistical probably on whether individuals in Blacksburg, Va prefer either pie or cake. Now, we could simply monitor the most popular restaurant in Blacksburg and tally the orders for each group. However, a more accurate measure would be to monitor the twenty most popular restaurants and then tally the results. An even more accurate measure would be to monitor every restaurant. In other words, the more data the better.

So how can this apply to insurance? Generally speaking there are a number of ways this can impact insurance rates, but it does vary from carrier to carrier, state to state. California is currently seeing major losses from devastating fires. If Insurance Company A insures a large number of homes in these fire struck areas, when the homes are rebuilt and bills paid, will home rates for this company need adjusting? Probably so.

The truth is that insurance is a constantly evolving financial product. State laws change, insurance carriers change target markets or simply adjust their products. Loss severity can unexpectedly arise. These are just a few of the issues that can impact insurance.

This is why working with our Family of Independent Agents works toward your benefit. Instead of representing just one insurance company, we work with multiple carriers to find you the best fit for your needs. And you’ll get your insurance questions answered by experienced, local agents. No call centers. No random employees. Simple one-on-one discussions.

Dove Insurance Agency is also a Dave Ramsey Endorsed Local Provider (ELP).

Explore Your Options Amid The Yearly Changes

We’re past the halfway mark of 2018, and summer’s end is drawing near. As with any given year when it comes to your Virginia insurance policy, either personal or commercial, changes are always about. The insurance market, much like any good or service, is always in constant change. Carriers may offer different coverages, expand their range of services, and adjust their rates. Sometimes the changes are easy to understand, while other times may be more difficult.

And when life changes so too can your insurance needs. Remember, your coverage needs in your early twenties are much different compared to the thirty, forty, and fifty year-old version of yourself. For example, when was the last time you updated your liability amounts on your home and/or auto policy? Are your current limits enough to cover your assets? Is the value of your older vehicles worth paying for physical damage coverage? Do you need an umbrella policy to further protect yourself from liability claims? These are all questions that change as the years go by.

This is why working with an Independent Agent is incredibly valuable. Instead of working for a single company, Independent Agents represent multiple carriers. This allow us to compare rates, coverages, and services without having to “walk the company line.”

In Virginia there are over 100 licensed insurance companies, and sorting through your available options is often confusing. 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.

Talk with us today and explore your options.

Ph: 540.382.4277

Text: 540.253.1253


4 Reasons to Purchase Life Insurance Today

One of the best ways to ensure things run smoothly in your wake is purchasing life insurance. It is an excellent method of protecting your family’s finances.

Are you on the fence about purchasing a life insurance policy? The following is an overview of 4 reasons to purchase coverage today.

Tax-Free Loans

One of the best benefits of having a life insurance policy is the ability to take out tax-free loans. An often overlooked benefit of having a life insurance policy is that many people are unaware of the fact that you can often borrow against your policy.

Tax-Free Benefits

On the flip side, another benefit of purchasing a life insurance policy offers tax-free benefits to your beneficiaries as well. This is excellent in that you will be able to let your loved ones know exactly how much money they will be receiving or you can plan everything out yourself, knowing you have enough to cover it. 

Take Care of Funeral Expenses

Life insurance policies also help to cover funeral expenses. Although it may seem grim to plan for such a thing, doing so will ensure your family is not stuck footing the bill for costly funeral arrangements. 

Estate Taxes

Lastly, estate taxes can be costly and can cause many issues when someone is ill or dying. Purchasing a life insurance policy will ensure your family has enough to cover your state taxes when you cannot. 

Overall, if you are seeking a high-quality insurance policy in Blacksburg, VA, Dove Insurance Agency is a fantastic option. Offering outstanding customer service and competitive prices, call, email, or stop by the Blacksburg, VA office to find out how you can start your policy and hopefully save. Contact Dove Insurance Agency today to speak with an agent about your life insurance options.