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710 E Laurel Ave
Foley, AL 36535

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Are There Any Age Limits For Recreational Insurance?

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The cost of recreation insurance can be pretty steep, especially for a young driver, since insurers see them as an enormous risk. This is why as a young person in Foley, AL, you might want to stay under your parents’ recreational insurance for as long as possible. However, you are likely worried that are age limits for recreational insurance. 

Are There Any Age Limits For Recreational Insurance? 

1. There Are No Age Limits, but a Condition Exists

Firstly, you should know that you don’t have to worry because there are no age limits for recreational insurance. Therefore, you can enjoy being under your parent’s policy for as long as you want as long as you abide by the following condition; live full time in the same house as your parents. Generally, any recreational insurance providers will actually require that you share the same policy with your parents if you reside in the same house. This is because they assume that you will be driving your parent’s car regularly even if you don’t drive it that regularly.

2. What Happens if I Leave My Parents’ Home?

This is among the most common questions we at Southern Risk Associates get from our clients about recreational insurance and living arrangements. If you leave home, you can still be under your parent’s recreational insurance policy if you are still their dependent. For example, if you leave home to go to college, you are still dependent on your parents, and technically you still live with them. However, you can still opt to get your own recreational insurance. 

On the other hand, if you leave your parents’ home and stop being dependent on them, you should get your own recreational insurance. This is because your claim could be denied in case of an accident, even if you were driving your parents’ vehicle. 

Do you need more info on recreational insurance in Foley, AL? Contact us at Southern Risk Associates for trusted help.

Do You Need Renter’s Insurance?

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Many people choose to rent their homes because of the financial advantages it gives them. Renters enjoy having maintenance and taxes taken care of by a landlord as well as most insurance costs. However, renters should be aware that not all insurance protection will be paid for by a landlord. To be fully covered, you should consider purchasing renter’s insurance. At Southern Risk Associates serving Foley, AL, we can help you better understand this important insurance product.

Renter’s Insurance FAQs

What Does Renter’s Insurance Provide?

Renter’s insurance is a type of insurance product that provides protection for the personal belongings inside rental property. Your landlord will have property insurance to cover the property and will be paid in the event that the property is damaged by fire, natural disaster, or burglary. This type of policy, however, does nothing to protect your personal belongings. If your personal belongings are lost, stolen, or damaged, you will be responsible for repairs or replacement out of pocket. This could be a huge financial burden without renter’s insurance. 

What Will Renter’s Insurance Cover?

A renter’s insurance policy will cover the cost of repair or replacement of your personal belongings up to a certain amount specified in the policy. This can include the cost of furniture, electronics, jewelry, collectibles, vehicles, clothing, or anything you deem valuable.

How Much Coverage Do I Need?

You will need to sit down with an insurance representative to help you determine the value of your personal belongings. This will obviously vary greatly from person to person, but this professional is trained to help you evaluate your things and set an appropriate amount of coverage. 

If you would like to learn more about renter’s insurance or any of our other insurance products, please contact us at Southern Risk Associates serving Foley, AL and the surrounding areas. 

Motorhome Insurance Overview

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Southern Risk Associates assists the Foley, AL community. We work with multiple carriers throughout the South and offer customized policies that adapt to our client’s needs.  

Motorhome Insurance Overview

Many Foley, AL residents enjoy traveling through the state in their motorhomes. During summer, traveling in your motorhome gives you the opportunity to experience a fun and exciting adventure. However, it’s important to remember that accidents can happen anytime. Motorhome insurance protects your asset while you’re traveling around. The policy covers your vehicle against potential damages while on the road. Collision coverage protects you if you make an impact with another vehicle or object. If you are held responsible for causing property damage or injuring someone, liability coverage will protect you. Liability coverage also covers you if one of your passengers is injured while traveling around with you. Motorhome insurance also covers any personal items inside the vehicle if something happens to them.

Comprehensive coverage provides extra protection, which is critical if you plan to go camping or take frequent vacations. Comprehensive coverage protects your vehicle if it’s stolen or vandalized. If you’re traveling through rural areas, it’s possible that you will collide with an animal. Comprehensive coverage protects you if your motorhome hits an animal or object. Serious weather may move into Alabama at any moment. If you’re going camping, comprehensive coverage protects your motorhome if it’s damaged due to a natural disaster. If you have a trailer attached to your motorhome, you can add extra coverage to protect that accessory against potential damages.

Southern Risk Associates Will Help You Protect Your Assets

Contact us today to learn more information about motorhome insurance.

Why do owners need to have RV insurance?

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Those that are in the Foley, AL area may find that it can be a great place to live. There are a lot of fun activities and amenities in the area to enjoy and explore. If you are looking to experience the area as much as possible, investing in your own RV is a good option. With an RV, you will have a reliable mode of transit and a place to sleep at night. When you get an RV, you also need to get insurance for it. You will need insurance for various reasons.

Coverage is Needed for Protection

A good reason to have an RV plan is that it can provide you with very valuable coverage and protection. When you get RV insurance, it will offer you the support needed to repair or replace it if you incur a loss. Further, you will obtain valuable liability coverage that will be helpful if you are deemed responsible for an accident. 

Coverage is a Requirement

Most owners will also find that having RV insurance is also a requirement. If you finance your RV purchase with a loan, the lender will want you to maintain a full insurance plan. Further, you will need to carry insurance to comply with the state’s requirements surrounding liability coverage. 

If you decide that investing in an RV is a good option for your situation, you should start your search for a new insurance plan by calling the team with Southern Risk Associates. There are a lot of choices that come with picking a new RV insurance plan in the Foley, AL area. When you are looking for coverage, Southern Risk Associates will give any guidance needed to build and choose an ideal plan that will provide the right support. 

Common Motorcycle Insurance Variables

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Southern Risk Associates serves the Foley, AL community and the surrounding areas. We are committed to helping our clients acquire the coverage they need to protect their assets. We offer multiple types of coverage to ensure that our clients are protected in every situation. We look forward to assisting you with your coverage needs.

Common Motorcycle Insurance Variables

Motorcycle insurance helps you protect one of your most prized possessions. Perhaps you enjoy riding through Foley, AL and beyond on warm summer days. Insurance covers you in the event of a disaster. Maybe you hit a rock and your motorcycle collides with a car. Any damages to your motorcycle are covered. Liability coverage protects you if you are held responsible for any property damage that your motorcycle causes. You are also protected if your motorcycle accidentally injures someone. You can add comprehensive coverage, which protects you if your motorcycle is stolen. You’re also covered if your motorcycle is damaged in unique situations, such as impact with an animal or a natural disaster.

There are a few variables that may impact your motorcycle insurance. The type of engine that you have may alter your policy. If you have an enhanced engine, your motorcycle will be viewed as high risk. You may need to amend your policy to fully cover your motorcycle if it’s stolen. If you park your motorcycle in storage during months when you aren’t using it, consider adding storage coverage. Storage protects your motorcycle if something happens to the facility. Adding uninsured motorist coverage is recommended. This covers you if your motorcycle is damaged by someone who does not have insurance.

Southern Risk Associates Will Help You Cover Your Assets  

Visit our website to learn more information about motorcycle insurance.

Liability and Boat Insurance

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Boat insurance has two main areas of cover. These are property damage and liability. Do you know what kind of insurance you need for your boat, and are you covered for liability? Southern Risk Associates serving Foley, AL is on hand to assist you in reviewing your policies to make sure you have adequate coverage.

Property Damage Liability

Property damage liability is insurance that provides financial cover if you are legally liable (responsible) for the accidental damage of someone else’s property with your boat. Think about your auto insurance. There is likely a section like this in your policy. A boat is no different. It is not always on the water, and there is always the possibility that you might accidentally damage someone else’s boat or water ski while having fun on rivers or lakes.

Bodily Injury Liability

This aspect of liability insurance provides cover for third parties who are harmed due to your boat or watercraft. Even small injuries can rack up extensive medical bills, and bodily injury liability will help to take care of the bills. If there is a lawsuit, then there may be a proviso for legal costs depending on how your policy is set up.

Fuel Spill Liability

This is a lesser-known but no less important type of liability insurance that may cover you for claims against mop-up operations and fines you incur due to the accidental spilling of fuel or oil from your boat that affects the environment.

Act Now!

Have fun the responsible way and contact Southern Risk Associates serving Foley, AL today about boat insurance and making sure you are covered in the event of legal liability!

Does Umbrella Insurance Cover Property Damage?

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Umbrella insurance is a personal insurance policy that provides protection over and above the limits of policies such as auto, home, and other personal liability coverage you already have. The umbrella policy can help protect you from claims made against you for bodily injury or property damage resulting from an accident for which you were legally responsible.

Does An Umbrella Insurance Policy Cover Damage To Your Property?

Personal umbrella insurance does not cover damage to the insured’s property. This type of policy is meant to protect from liability claims. In no way does an umbrella policy provide coverage for the replacement or repair of anything that belongs to you, such as a car or personal belongings. You can consider it as your last line of defense if you are found liable for damage to another person’s property or injuries they have sustained.

Suppose you’re looking for insurance that covers damage to your belongings. In that case, you’ll want to look into a renters or homeowners insurance policy as your umbrella insurance will only cover the costs of legal fees and liability limits on other policies.

Umbrella insurance can also help if you’re sued for:

Slander or libel: Slander is spoken defamation, while libel is written or broadcasted defamation. The umbrella policy will help protect your personal assets if you’re sued for communicating false, malicious information about someone.

Malicious prosecution: If you’re found liable for initiating a case against someone, your umbrella policy can help protect you from their legal fees or damages to their property.

False arrest: This is when an individual has been taken into custody without proper cause or evidence. Your umbrella insurance will help cover the costs of any legal action that results from this false arrest.

It is important to know what umbrella insurance covers and doesn’t cover. It is easy to assume that your standard policy will automatically protect you in the cases mentioned above. Contact Southern Risk Associates today for more information or to purchase an umbrella insurance policy in Foley, AL.

Why basic auto insurance may not be the right choice

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Alabama is not one of the most populous states, but the roads are far from empty. Anytime you share the road with other drivers, there is the danger of an accident. Drivers in Alabama must have the basic insurance that is required by the state in order to drive. At Southern Risk Associates in Foley, AL, we are locally owned and operated and deal with multiple carriers so that we can offer our customers the choices they need to find just the right coverage. 

The required minimum for auto insurance in Alabama is 25/50/25. You must have $25,000 for one person for bodily injury and a total for an accident of $50,000. Additionally, you must have $25,000 in property damage. In the big scheme of things, this is not a bad amount of liability coverage.

If you don’t have a lot of assets, this may be appropriate. If however, you have accumulated a reasonable amount of wealth, you might find that you need to have a higher level of coverage to feel safe. You could raise the limit on your auto policy and consider adding an umbrella policy to supplement your policy. 

Basic insurance is designed to protect other people from you in the event you are the responsible party in an auto accident. If you have a vehicle with little or no value, not covering it may be the right option. If however, you count on your vehicle to get to work and run errands, you may want to consider covering your vehicle with collision and comprehensive coverage. Having to pay for repairs can be expensive and not everyone has the available cash to manage that. 

If you have questions about what coverage is right for you, contact Southern Risk Associates in Foley, AL, and talk to one of our experienced agents. 

Flood Insurance Explained

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Did you know that floods account for over 90% of US natural disasters? Yes, floods are a constant menace in America. And every time they strike, they leave a trail of destruction. And speaking of floods, Alabama is not safe. Just the other day, on 19th July 2021, flash floods hit Birmingham metropolitan area, blocking roads and causing structural damage.

Given the constant threat of floods, you are never safe without flood insurance from Southern Risk Associates of Foley, AL. But what is flood insurance? What does it cover? Here are the basics you need to know about flood insurance.

Is flood insurance mandatory?

Alabama doesn’t require homeowners to purchase flood insurance. However, homeowners living in flood-risk areas are needed to purchase this coverage if it’s a requirement by their lender. But whether flood insurance is compulsory or not, you need it.

Where do I purchase flood insurance?

If you buy flood insurance from the National Flood Insurance Program (NFIP), you will get building coverage with a limit of $250,000 and contents coverage of up to $100,000. However, when you purchase flood insurance coverage from private carriers, you can access higher limits. 

What does flood insurance cover?

The buildings coverage covers your dwelling structure, including foundation, air condition system, permanent carpets, plumbing, and electrical system. The contents coverage protects personal assets like clothing, furniture, electronics, and other assets.

But isn’t floods a national disaster?

While it’s true, sometimes the president can declare floods a national disaster, but it is not always the case. And when this executive order is made, you will be given a grant that you are supposed to repay. And still, you will require flood insurance because floods can strike again!

Purchase flood insurance today!

If you have been having second thoughts about flood insurance, think again. Floods can strike anywhere in the country, and your Foley, AL isn’t safe without flood insurance. Ready for coverage? All you need to do is to contact Southern Risk Associates for an affordable quote.

It’s Summer: Does your home insurance cover HVAC breakdowns?

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Never fear if your Foley, AL home’s air conditioning goes out during summer. Your homeowner’s insurance just might cover the damages, says Southern Risk Associates.

The standard homeowner’s policy covers HVAC breakdowns when caused by a named peril. Named perils to include fire, tornado, hurricane, lightning strikes, hail, etc. So, if during a storm, lighting took out your HVAC or damaged it, your home policy covers that. Call your insurance agent at Southern Risk Associates.

What if wear and tear caused the problem?

For any cause besides a named peril, you need an add-on to the standard home policy to cover the damages. Your insurance agent at Southern Risk Associates can help you add this necessary coverage. Without the add-on, you would need to cover the repairs yourself which could cost thousands.

If you do have an add-on already in place, call your insurance agent to start the claims process. You may have purchased an add-on with a deductible, so you need to pay your deductible before the insurance process begins. Your agent takes care of the rest once you file a claim and submit the paperwork that you paid the deductible amount.

Your home insurance can cover HVAC problems. You can also supplement it by purchasing a home warranty. These allow a specific maintenance schedule, and they cover the maintenance visits under a flat annual fee. Once you pay for your warranty for the year, your maintenance and some repairs are completely covered.

Contact Southern Risk Associates of Foley, AL to check whether your home policy has this coverage or if you need to purchase an add-on to help make sure your insurance policy covers the important things in life like cool air during Alabama summers.

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