Umbrella Insurance Basics

Posted on August 24, 2023August 31, 2023 by admin

Umbrella insurance refers to a specific type of liability insurance that’s designed to protect the insured from significant financial losses should they become involved in a lawsuit or liability claim. If you live, work, or play in the greater Maryville, TN vicinity, and would like additional information regarding the benefits and availability of umbrella insurance, contact Carr Insurance Group.

What is Umbrella Insurance?

This type of liability coverage extends beyond the policy limits set forth by existing homeowners’, renters’, automobile, and other primary insurance policies against unexpected events and lawsuits.

Umbrella insurance does not ‘kick in’ until the insured reaches the liability limits of the relevant primary insurance policy. For instance, if you’re in an automobile collision and your insurance fails to cover the damages, an umbrella policy could offer additional coverage.

Umbrella Insurance Basics

Consider the following when reviewing umbrella insurance:

It Offers a Wide Range of Coverage

Umbrella insurance offers protection against a variety of liabilities – offering a safety net for claims that exceed current policy maximums. Liability types covered typically include –

Personal Injury Claims
Property Damage
Bodily Injury
Slander
Libel
Specific Legal Defense Costs.

Coverage Amounts Can Be Customized to Match Risk Exposure

Umbrella policies can be tailored as their coverage is typically available in increments of one million dollars.

It’s Affordable

When one considers the value of the coverage, umbrella insurance is considered affordable. The cost varies depending on location, risk factors, the location, and the insurance company.

Note, check the policy terms for exclusions.

Schedule A Consultation Today!

Choosing umbrella insurance is a financially savvy move. It provides an added tier of financial protection should unforeseen events occur. For additional information on the benefits of umbrella insurance, contact Carr Insurance Group in Maryville, TN.

Why do people in Tennessee need to have RV insurance?

Posted on July 21, 2023July 14, 2023 by admin

Being an RV owner is a great idea for many people that are in the Maryville, TN area. When you choose to purchase an RV here, you will want to know that you are properly insured and covered. A great way to do this is by building and securing a proper RV insurance plan.

There are a few reasons why people here need to have this insurance:

Cover Your RV

A reason that anyone in this area of Tennessee will need to have insurance is to cover the RV. When you have this type of coverage, you will have support to replace or repair your RV at any given time if you incur a loss due to theft. This can be very valuable financial support and will also ensure you remain in good standing with insurance agreements, which do require coverage in most situations.

Reduce Liability Risks

As an RV owner, you also need to consider your liability risks. When you are an owner, you take on the risks that come with driving a vehicle and having a home as an accident can occur when you are on or off the road. With an RV insurance plan, you can receive customized support that will help to mitigate both of these risks.

Reach Out To Us

Anyone that would like to own or lease an RV in Maryville, TN will want to have the RV insurance plan in place at all times. If you are looking to get this coverage here, you can benefit greatly by speaking with our team at the Carr Insurance Group. When you work with the Carr Insurance Group, you will know that you are in good hands. Our team is experienced and can help anyone evaluate their needs and options to select a proper plan.

The importance of wearing a helmet every time you get on a motorcycle

Posted on June 16, 2023June 19, 2023 by admin

When it comes to motorcycle safety, nothing should be taken more seriously than wearing a helmet. Every time you get on a bike, whether here in the Maryville, TN area or anywhere, you should make sure that you are wearing the highest quality protective gear, and the most essential of these items is a helmet.

Carr Insurance Group gives you a few reasons why:

Helmets are designed to protect your head from serious injury in the case of an accident. In fact, studies show that helmets can reduce the risk of death in a motorcycle accident by up to 40%. Even if you feel invincible, it’s important to remember that accidents can happen in an instant and without warning. Wearing a helmet could mean saving your life or avoiding permanent injury.

Beyond safety considerations, there are other benefits to wearing a helmet when on a motorcycle. A properly fitted and comfortable helmet will provide much-needed protection from wind and dust while riding at high speeds. Additionally, helmets with built-in radio receivers can allow for hands-free listening to music or conversations with other riders while on the road.

No matter how experienced or confident you may be as a rider, it’s always important to wear a helmet every time you get on a motorcycle. Wearing proper protective gear can help ensure your safety and provide bonus features like improved comfort and entertainment capabilities while on the road. Don’t put yourself at risk – invest in quality protective equipment and always wear your helmet!

Keep Your Motorcycle Insurance Updated

For more safety tips and for your insurance coverage, give us at Carr Insurance Group a call today. We are proud to serve the Maryville, TN area and would be happy to help you.

Boat Insurance for Tornado Protection

Posted on May 19, 2023June 7, 2023 by admin

Unfortunately, you know the damage a tornado can cause if you live in the Tennessee area. They occur at any time and sometimes without warning. While your home insurance probably offers protection against damage caused by a tornado, it’s crucial that your boat insurance policy also provides tornado-damage coverage.

At Carr Insurance Group in Maryville, TN, we know the weather-related dangers that Tennessee residents face. We’ll help you choose the best plan to protect your boat in the event of a tornado to help put your mind at ease.

Preparing for Weather-Related Incidents

The weather is out of our control, and during a tornado, storm, hurricane, or other dangerous weather, your boat is at risk of costly damage. If you leave it in the water, it must contend with rough waters, other boats, and flying debris. You might think it’s safe if it’s on land when you’re not using it, but it is much less steady than the rest of your property.

Comprehensive Boat Insurance Coverage

Boat insurance policies typically offer coverage for physical damage to your vessel. However, before you choose a plan, ensure it provides tornado-related coverage. Typically, this falls under storm coverage, although it’s important to clarify with your insurance agent before you commit to a policy.

Additional Coverage

Decide how much coverage you want. For example, if you want to protect your boat, you’ll want a more basic plan. Consider your options, though, as you may be able to get coverage for the personal property kept on board too. Rather than make these decisions alone, consult an insurance agent who can advise you.

Reach Out To Us

3 Things You Need to Know About Auto Insurance

Posted on April 11, 2023April 28, 2023 by admin

Shopping for car insurance can be overwhelming. But knowing a few basics can save you a lot of hassle in the long run. Today, we’ll take a closer look at the top things you need to know to make the whole process easier.

A Variety of Factors Influence Car Insurance Rates

You’ve likely experienced the wide range of questions each insurance agency asks. Each company uses its own criteria to evaluate which drivers it covers and how much those drivers will have to pay. These factors are used to calculate the amount of risk you represent to the company.

The Car You Drive Will Affect Your Rates

Depending on the type of car you own, your rates can vary dramatically from others in your demographic. In the most basic sense, the safer your car and the easier it is to repair, you may see a lower rate than if you were to drive a car that is expensive to repair with a less-than-ideal safety rating.

Insurance Rates Can Vary By Company

Since each company uses its own risk assessment formula to determine what you pay, the same coverage can cost a drastically different amount at two different companies. To ensure you get the best possible rates, it’s important to shop coverage options from a wide range of providers.

Need Help Finding the Right Coverage in Maryville, TN?

Call Carr Insurance Group Today!

All of the different coverages, terminology, and rates can be wildly confusing, even if you’ve had an auto insurance policy for years. Let the trusted professionals at the Carr Insurance Group relieve the headache of shopping for insurance by doing the leg work for you. Our Maryville, TN staff will find you the best coverage at the lowest rate. Give us a call today to get started!

Spring Maintenance Tips for Your Home

Posted on March 27, 2023April 3, 2023 by admin

As the weather warms up and the days get longer, it’s time to start thinking about spring maintenance for your home. After a long winter, your home may need some TLC to get it ready for the warmer months ahead. Here are a few spring maintenance tips for your Maryville, TN home from Carr Insurance Group to help you get started.

Spring Maintenance Tips

Check Your Home’s Exterior

As winter ends, it’s essential to inspect your home’s exterior for any damage that may have occurred throughout the season. Look for cracks in the foundation, missing or damaged shingles, and any other signs of wear and tear. If you notice any problems, be sure to get them fixed as soon as possible to avoid further damage.

Clean Your Gutters

One of the most important—but often overlooked—spring maintenance tasks is cleaning your gutters. Clogged gutters can lead to severe water damage, so removing any leaves, dirt, or debris that may have accumulated over the winter months is essential. You should also check for leaks or cracks in your gutters and ensure they’re adequately sealed before the rainy season begins.

Service Your HVAC System

After a long winter of running your heating system non-stop, giving your HVAC system a little TLC in the springtime is essential. Schedule a tune-up with a qualified technician to clean your system and ensure it’s running correctly. This will help extend its lifespan and prevent costly repairs down the road.

Review Your Home Insurance Policy

As you’re doing your spring cleaning, take some time to review your Maryville, TN home insurance policy. Ensure you have the right coverage for your needs, and update your policy if necessary.

Reach Out To Us

If you need help reviewing your home insurance policy, don’t hesitate to contact Carr Insurance Group—we’re always here to help!

Are There Restrictions on How I Operate My Classic Car?

Posted on February 21, 2023March 1, 2023 by admin

Classic cars are not the same classification as vintage and antique, as there are different stipulations regarding how each one is labeled. To be a classic car, generally, a vehicle must be 25 years old but not older than 40 and have an engine and body that are without modifications. You will also have to operate by the limitations imposed by law in Maryville, TN with regard to how often you may drive your car.

Classic Car Restrictions

A classic car can be used for pleasure, and this is defined differently than everyday use, for example, getting groceries or driving to a job. This would mean you could go out for a Sunday drive on occasion or for other leisurely and sparse outings.

You would be allowed to travel to and from exhibitions, as classic car owners often enjoy displaying their vehicles at car shows and cruise-in circuits. If you are a participant in a vintage car club and wish to drive to these meetings, that is usually also permitted.

It is a requirement that you store your vehicle in a manner keeping with its classic status, such as in an area that is fully enclosed and that has a door with a lock of some kind. Your Carr Insurance Group agent can go into more detail about this with you.

New cars can also qualify for classic status if they are particularly exotic or are a replica of an older model automobile. Specialty vehicles, such as those used for the military, fire engines, and hearses may also be labeled as classic and insured as such.

Carr Insurance Group Can Help

We offer insurance for classic cars for those living in Maryville, TN and look forward to working with you. Please reach out to us today for more information on our insurance products and services.

Planning For a Long Road Trip in Your Motorhome

Posted on January 20, 2023January 30, 2023 by admin

Few things beat the open road. Purchasing a motorhome or towed RV provides folks with mobility and freedom. Travelers can see the many natural wonders scattered across the United States and beyond. Or they can enjoy days spent on warm beaches or deep within forests.

Whatever the choice, with a motorhome, folks can explore from the comfort of their own (mobile) home. That said, it’s important to make sure that you’re properly prepped before setting out. Motorhome drivers can contact the Carr Insurance Group, serving Maryville, TN and elsewhere to discuss coverage options.

Get All the Emergency Gear in Order

Most trips will go off without a hitch. However, there’s a risk that a motorhome will suffer a breakdown. Likewise, campers could get caught up in bad weather or may suffer another type of emergency. This makes preparing for emergencies crucial.

Travelers should have spare tires and the tools on hand to install them. It’s also smart to pack aerosol patch solutions like Fix-a-Flat. Road reflectors, flashlights, a first aid kit, and bottled water are also musts. Anyone traveling through cold places should also keep a number of blankets on hand.

Folks may also want to subscribe to a roadside assistance program. This way, if something happens, they can call for professional help.

Make Sure The Motorhome is Properly Insured

The right insurance program will protect the motorhome, the owners, and also other people on the road. Without insurance, owners could find themselves on the hook for many expensive bills. They may also face legal troubles if they fail to get mandated insurance.

Motorhome insurance may cover the cost of damages resulting from an accident as well as medical bills for anyone injured. In some cases, insurance may cover theft and weather damage. However, this coverage will vary depending on the plan and folks may need to purchase supplemental insurance to expand coverage.

Contact Us Today

Need insurance coverage for your motorhome or another vehicle? Get in touch with the Carr Insurance Group, which serves Maryville, TN and other areas.

Discover the Benefits of an Umbrella Policy to Protect Your Household From Lawsuits

Posted on December 16, 2022December 13, 2022 by admin

Umbrella policies are designed to help protect you and your family from unexpected costs associated with lawsuits, medical bills, property damage, and more. Suppose you’re looking for additional protection and peace of mind. In that case, an umbrella policy from Carr Insurance Group in Maryville, TN could be the right choice.

How An Umbrella Insurance Policy Works

An umbrella insurance policy provides additional coverage beyond typical auto and homeowners insurance. It covers claims exceeding those policies’ limits, such as personal psychological harm and mental anguish, which are not typically covered. This type of insurance benefits those with significant assets they want to protect from costly liability claims.

Does an Umbrella Policy Protect Against a Lawsuit?

An umbrella insurance policy pays out if you’re found at fault for injuries or damage and your other policies are insufficient to cover the costs. It also covers related legal fees and expenses associated with defending yourself in the lawsuit and any potential damages the court may award to the plaintiff. Additionally, umbrella insurance protects you from libel, slander, and defamation of character.

Who is Covered By My Umbrella Policy?

An umbrella policy helps protect the policy owner and members of their household in the event they are found liable for a covered incident. Generally, this includes the policy owner’s spouse, dependents, and other relatives living with them. Minor children who are under guardianship can also be included in the policy.

Contact Us Today

The Carr Insurance Group, serving the greater Maryville, TN community, is an excellent choice for umbrella insurance. We offer comprehensive coverage and are committed to providing excellent customer service to our clients. Contact us today to learn more about our umbrella insurance.

How to Get the Most Out of Your Home Insurance Policy

Posted on November 28, 2022December 1, 2022 by admin

Home insurance is a wise investment, but you need appropriate coverage to protect your home and other facets of homeownership. But since home insurance is a challenging subject, Carr Insurance Group, serving the greater Maryville, TN community, highlights tips about getting the most out of your home insurance.

How to Get the Most Out of Your Home Insurance Policy

Update your home insurance policy

Update your home insurance at least once per year. This ensures all your insurance needs are well cared for. It also ensures you are paying the right amount of premiums. Sometimes, you don’t have to wait for a year to lapse to review your home insurance. If you make significant renovations, welcome a dangerous pet, or add personal assets, inform your insurance agent right away.

Understand what your home insurance covers

Understanding what your home insurance covers is essential in your claim filing process. It also helps you understand the gaps in your policy to purchase add-ons to boost your coverage. The best way to understand your coverage is to read your policy document.

Partnering with the right insurance agent

Your insurance agent is like your financial advisor; hence you can’t afford to get it wrong. Always choose a trusted and knowledgeable insurance agent. Your insurance agent analyzes your current insurance needs and recommends a policy that is best suited for your needs.

Keeping an inventory list

Most homeowners tend to rely on their memory when it comes to assets in their possession. Your memory will likely fail you, especially when you encounter widespread catastrophes like flooding or fire. Always keep an updated inventory list. This will simplify your claim process.

Contact Us Today

Want to learn more about home insurance in Maryville, TN? Please get in touch with Carr Insurance Group. We will tell you everything you need to know about home insurance and help you to get coverage that best suits your current needs.

Insurance Blog

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What is Umbrella Insurance?

Umbrella Insurance Basics

It Offers a Wide Range of Coverage

Coverage Amounts Can Be Customized to Match Risk Exposure

It’s Affordable

Schedule A Consultation Today!

There are a few reasons why people here need to have this insurance:

Cover Your RV

Reduce Liability Risks

Reach Out To Us

Carr Insurance Group gives you a few reasons why:

Keep Your Motorcycle Insurance Updated

Preparing for Weather-Related Incidents

Comprehensive Boat Insurance Coverage

Additional Coverage

Reach Out To Us

A Variety of Factors Influence Car Insurance Rates

The Car You Drive Will Affect Your Rates

Insurance Rates Can Vary By Company

Need Help Finding the Right Coverage in Maryville, TN?

Call Carr Insurance Group Today!

Spring Maintenance Tips

Check Your Home’s Exterior

Clean Your Gutters

Service Your HVAC System

Review Your Home Insurance Policy

Reach Out To Us

Classic Car Restrictions

Carr Insurance Group Can Help

Get All the Emergency Gear in Order

Make Sure The Motorhome is Properly Insured

Contact Us Today

How An Umbrella Insurance Policy Works

Does an Umbrella Policy Protect Against a Lawsuit?

Who is Covered By My Umbrella Policy?

Contact Us Today

How to Get the Most Out of Your Home Insurance Policy

Update your home insurance policy

Understand what your home insurance covers

Partnering with the right insurance agent

Keeping an inventory list

Contact Us Today

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