Benefits of Motorcycle Insurance

A motorcycle can be a very fun recreational vehicle but is also an important asset that needs to be properly covered by insurance.  For those that are in the Las Vegas, NV area, there are a number of benefits that come by having motorcycle insurance.  

Compliance with Law

The first benefit that comes with having motorcycle insurance is that it will help you to stay compliant with the law.  Similar to having auto insurance, all people in Nevada are required to have some level of insurance coverage if they drive a motorcycle.  In Nevada, all motorcycle will need to have minimum property damage liability insurance of at least $10,000 per accident.  On top of that, they will also need to have minimum bodily injury coverage for $15,000 per persona in one accident with at least a $30,000 limit per accident.

Collision and Comprehensive Coverage

When you only have the motorcycle insurance coverage that is required by law, your coverage will be limited to liability and will provide you with no protection for your injuries or motorcycle.  When you choose to get a policy with more coverage, virtually any scenario could cover your motorcycle.  When you are getting a full policy, you will receive collision and comprehensive motorcycle insurance coverage.  This will protect you and your motorcycle against losses associated with an accident that you are at fault in, theft, vandalism, and even an accident involving an animal. 

For those that are in the Las Vegas, NV area, making sure that you have the right type and amount of motorcycle insurance is very important.  To ensure you are properly covered, meeting with the Stevens Insurance agency would be very beneficial.  Stevens Insurance is a leading consumer focused insurance agency that could help you to better understand your insurance needs.  

I Had a Motorcycle Accident: What Now?

You underestimate the curve and, before you know it, you are sliding across the pavement. Your bike is in the bushes, and you are in the middle of the road. What now?

What to do immediately after a motorcycle accident in Las Vegas, NV
You should do the following immediately following a car accident:

  • Get out of the roadway. You do not want to be injured two times over by having an unsuspecting motorist run you over. 
  • Assess injuries and either call or ask for help.
  • Call the police. You will need to file a police report, which may help you when filing your insurance claim.
  • Gather information from witnesses and become familiar with your surroundings. This, too, will help you complete a more accurate application. 

Things to include in your claim

Contacting a professional such as Stevens Insurance firm is an important step to take when you are involved in a motorcycle accident. You should include the following expenses in your claim:

  • Medical bills. Current and future costs should be incorporated in your request. 
  • Pain and suffering that provides for emotional distress. Embarrassment is common among motorcyclists who suffer severe injury from car wrecks. You may find yourself in need of counseling due to paralysis or disfigurement. The cost of your pain should be included in your insurance claim. 
  • Loss of income. You are entitled to wages lost during your recuperation as well as decreases in earning capacity due to permanent injuries that inhibit your ability to pursue higher paying jobs.

What you should not do
You should never put off seeing the doctor after having a motorcycle accident in Las Vegas, NV. You may feel as if you are not injured, but the reality is that head trauma, and leg aches are common after crashes. It sometimes takes a day or two for these ailments to take effect. You should also refrain from admitting fault at the scene of the accident and never tell another motorist that damages they caused are “no big deal.” 

An agent from Stevens Insurance can help you cope with the reality of a motorcycle accident. Prepare for the unfortunate instance of a car wreck today by calling our office for a consultation. 

Commercial Insurance and a Home Office Business

Home-based businesses are quite popular and hundreds are being created every year thanks to the power of the Internet. Las Vegas, NV is no exception to this trend, with plenty of new companies being created and located in the silver state regularly. And, because of the flexibility of the digital age, the traditional approach to a business presence, brick and mortar, doesn’t apply. However, that doesn’t mean a micro business or small business from a home office should operate without commercial insurance protection. According to Stevens Insurance, one of the key factors that contributes to the loss of a business in its early years is being vulnerable to a lawsuit. The dispute can come from all sorts of sources, and business transactions going awry are fertile soil for a problem to start.

Commercial insurance provides an important financial safety net protection. When going it alone carries a high risk of having bankruptcy as the only way to fend off an unexpected lawsuit, it begins to make a lot of sense and practical logic. Many running a business from a home office assume that they are too small for such protection, which is an unfortunate mistake. Business operating insurance is not limited to home-based businesses. It’s focused on the work product the business produces.

Stevens Insurance has been helping small businesses for years identify their coverage needs and get started on the right foot with solid operating protection. Call them for expert information and solid analysis of what your home business actually needs for business and commercial insurance. It’s worth the time, especially if the unexpected happens with your business before it’s prepared to take on such risks.

 

 

 

I Lent My Friend My Boat, Is He Covered?

Boat insurance is no different from any other kind of policy in Las Vegas, NV in that the boat is a vessel being covered for the risk of loss or causing damage to someone else. No surprise then, a boat policy will also include terms for who owns the boat and who will be operating it on a regular basis. While some policies will including a boilerplate paragraph that could cover any guests of the boat owner operating the boat under his or her permission, it’s not a default term found in every boat insurance policy contract, according to Stevens Insurance.

If a boat owner out of the blue allows an unnamed party (i.e. not specified on the coverage policy for the vessel) to operate a boat, even if detailed on a policy, the coverage could be null. The reason has to do with the fact that the introduction of another driver was not included in the policy risk calculation. As a result, it’s a risky situation the boat insurer never agreed to and, as a result, doesn’t have to cover. To some extent, some boat insurance providers will provide a basic coverage for any and all situations but it’s not a guarantee automatically provided.

Consumers in Las Vegas, NV with recreation boats and private vessels don’t need to play guessing games with how their current insurance policies might work when a friend borrows a boat for a weekend vacation. Instead, one can get straight answers from Stevens Insurance right away as well as what options are available on how to handle flexible situations and needs.

The Importance of Having GAP Insurance for Your Motorcycle

It is legally required that motorcycle operators in Las Vegas, NV carry insurance, and the state has set forth certain mandatory limits that will protect other drivers who are injured in an accident that is determined to be your fault.  In addition, your insurance policy must cover a certain amount of damage that you cause, but this will not keep you from incurring a monetary loss for your own vehicle. There are additional insurances you can purchase to this effect, and GAP insurance is one of them. 

The Importance of GAP Coverage

GAP insurance stands for Guaranteed Auto Protection, and it can prevent you from owing thousands of dollars in the event of an accident. Your assets can be at risk when your bike is totaled, and its worth is less than the balanced owed to the bank. This is especially the case if your motorcycle is newer, as its initial depreciation can be quite significant. 

Your primary motorcycle insurance policy can cover the cash value of the bike, and your GAP insurance will work concurrently with this to pay the entire balance that is due to your lender. In addition, some policies will also cover your deductible, thus keeping your out-of-pocket expenses to a minimum. GAP insurance is strongly recommended for new motorcycles and for loans with low down payments or terms of 60 months or more. 

Stevens Insurance Can Help Insure Your Motorcycle

Stevens Insurance has years of valuable experience serving those who are located in and around the Las Vegas, NV area, and we are able to assist you with all your motorcycle insurance needs. You can visit our website to use our convenient rating tool to find a quick quote on your homeowners and automobile insurance, and you can speak to a friendly agent today to find the insurance package that is right for you!

 

Should You Still Carry Boat Insurance When the Boat is Not Being Used?

One of the things that boat insurance covers you against is collisions on both the roadway while the boat is being transported and on the waterway. As such, when the boat is not being used, you may wonder if you still need to insure it. This is one of the questions that we at Stevens Insurance, serving the greater Las Vegas, NV area, are often asked. Here is the information we tell our customers. 

If your boat is not being used, there are still many protections that can be offered by having a valid boat insurance policy in place. This includes protecting your boat against theft or damage caused by vandalism. If you do not have a valid policy, your boat will not be protected against these things. 

Additionally, if you drop your boat insurance, you may lose out on discounts that you may be eligible for carrying boat insurance continuously. Those who start and stop their insurance frequently may have higher premiums than those who maintain insurance year round. As such, you may not be saving money taking this route. 

Lastly, if you have a loan on your boat, you may be required to carry boat insurance, even if the boat is not in use. If you fail to maintain insurance, you may also be unable to register your boat when your registration comes due. All of these should factor in when you are determining whether or not to carry boat insurance or not. 

If you have already cancelled your boat insurance and need to get a new policy, or you simply need a new policy in the greater Las Vegas, NV area, let Stevens Insurance helps. Call us today to obtain a free estimate for boat insurance for your boat. 

Adult Toys Cost More Money, So Make Sure They’re Insured

You might think toys are only for children. However, at Stevens Insurance, serving Las Vegas, NV and the surrounding region, we know this isn’t the case. We insure adult motorized toys. If you have a big kid "toy," you’ll need big kid protection from a company like ours.  

Why Protect Your Toys 

When you were little, you probably had at least one toy that was stolen or broken. And in many cases, it might’ve not been your fault. Even if it was your fault, you probably were upset it happened and wished you could’ve found a way to protect your possession better. 

As an adult, you can take the necessary steps to protect your toy if something should happen to it, whether it was your fault or not. Our coverage allows you to pay a small, regular fee to cover the cost to replace your toy if something should happen to it or it would need to be repaired. This is especially important if you don’t have the resources to repair or replace your toy. You don’t want to be left without a toy to play with, especially if you ride with others.  

Adult toys are much more expensive to replace than a majority of toys you had as a child, even sometimes when they’re all combined. If you don’t have the financial capability to replace or repair a toy if somebody should happen to damage or steal it or if you should happen to wreck it, you could find yourself out the money you paid for the toy, and you won’t have anything to ride until you’re able to replace it. 

Insurance helps to cover your toys, so you’re not out the money and are able to continue to ride.  To get a quote for insurance from Stevens Insurance, serving Las Vegas, NV and the surrounding area, contact us today by calling 702-648-9689. 
 

How to Stay Safe On Your Motorized Desert Toys

Las Vegas, NV is home to some of the purest desert spaces available. Many residents love to spend their time enjoying the dunes and playas on their ATVs, 4-wheelers, and other motorized toys. Use these tips to keep yourself and your property safe while you play.

  • Always wear safety gear. Goggles, helmets, and gloves protect you from dangerous falls and flying objects.
  • Cover your skin. Wear long sleeves and pants to protect your body if you slide out or take a tumble.
  • Make sure your toy insurance is up-to-date. The professionals at Stevens Insurance can help you find the right policies to protect your ATVs and other motorized toys.
  • Check your equipment before you ride. Make sure the tires are fully inflated and in good condition, and that the brakes are in working order.
  • Most ATVs are not made for multiple people, no matter how small or thin.
  • Walk the area you intend to ride. Check for dips, depressions, rocks, or other things that could cause you to lose your stability while riding.
  • Children under the age of 16 should never be allowed to operate any motorized toy.
  • Most motorized toys are designed to be driven off-road. Driving on paved surfaces can be dangerous. If you must drive over a paved surface, practice caution and never speed.
  • Take a safety course before heading out to enjoy your equipment.

Following these tips will reduce the likelihood of experiencing catastrophic accidents or injuries. The experts at Stevens Insurance are here to help outdoor enthusiasts in the Las Vegas, NV area protect their desert toys. Contact us to find out how toy insurance can help you enjoy your recreational time even more.

What Does Comprehensive Coverage Include in an RV Policy?

Do you live in Las Vegas, NV and own an RV? A bit confused about how comprehensive coverage works and why you need it? Our wonderful team at Stevens Insurance has put together this guide to help you understand.

What Does Comprehensive Coverage Include on My RV Policy?

Comprehensive insurance coverage on an RV policy is nearly identical to that on a regular automobile policy. Fire, theft, vandalism, hail, wind, falling objects, and other weather are all examples of incidents that would be included under comprehensive coverage. Basically, anything not involving a collision falls under this section of your insurance policy.

(The only exception to this is hitting a deer or other animal, which is still deemed comprehensive and not collision.)

Why Should I Get Comprehensive Insurance Coverage?

When you’re traveling in an RV or motorhome across the country, you never know what will happen. Furthermore, if your RV is in storage here at home, it can still become damaged due to weather or vandalism. Thus, it is very important to protect your investment in your vehicle by having this type of coverage on your policy.

Is Comprehensive Coverage Required?

While comprehensive insurance coverage is not required by law, it might be non-negotiable if you are still making payments on your RV and you have a loan. However, it is still a very good idea to include it as part of your insurance policy to protect you in case of a disaster, as outlined above.

How Much of a Deductible Will My Comprehensive Insurance Coverage Have?

Just like with auto and home policies, deductibles are chosen by you when you start the policy. Work with your agent to select a level that best suits your financial abilities and needs.

Need more information on RV insurance? Contact Stevens Insurance in Las Vegas, NV today for your no-obligation quote.

Does Condo Insurance Cover Renters?

In Las Vegas, NV, it is not uncommon for people to rent out their condos. As such, Stevens Insurance is often asked whether their condo insurance covers either short-term or long-term renters. Here is some information you need to know before you rent your condo out.

Short-Term Renters

If you are looking to rent your condo out for brief periods of time, such as a vacation rental, you will likely need a business insurance policy. However, as short term rentals are becoming more popular, many insurance companies are beginning to roll short term rental policies up into condo insurance or home insurance policies as requested. As such, you may be able to cover short term renters under your condo insurance policy if you have the right policy in place. You will need a specific type to cover short term renters and if you do not have this, these renters are not covered.

Long-Term Renters

Long term renters are not covered under your condo insurance. They will need to obtain renters insurance in order to be covered. Typically, any person staying 30 days or longer is considered to be a long term renter in your home. There may be exclusions to this, such as if you are renting to a family member or if you are having a friend stay in your residence while you travel out of the area for a month or longer. However, it is wise to talk to an insurance agent and see if you qualify for these exclusions instead of assuming you do. Most people will need renters insurance when staying or renting a condo for a long period of time.

If you are looking to obtain a new condo insurance policy in the greater Las Vegas, NV area, Stevens Insurance would love to help. Contact us today with any questions you have or to obtain a price quote.