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.

Reasons to Get Insurance Even if You Rent

Far too often, people in the Las Vegas, NV area think if they don’t own their home, they don’t need insurance. However, this concept puts people who rent at risk of losing out in the event of an incident such as theft or a storm occurs. At Stevens Insurance, we offer policies designed to accommodate the specific needs of renters. 

1. It Covers Personal Property

Much of what you have invested into your home is probably your personal property. Fortunately, you can protect all of your property in the event something happens by having a renters insurance policy. Keep in mind, you can purchase additional coverage for your property that covers in the event of incidents that pertain to your needs such as flooding. 

2. It Provides Liability Coverage

Don’t think just because you rent, you aren’t responsible for your actions. Renters coverage protects if somebody should get hurt while they’re in your home. It also protects if you should happen to hurt someone. 

3. It May Cover You When You Travel

If you’re going on a vacation or a business trip, your renters insurance policy comes in handy. For instance, if your belongings are stolen while you’re traveling anywhere in the world, they’re covered.

4. It’s Sometimes Required

Your landlord may require you have renters insurance in the event something happens. This takes the burden off of the landlord, especially if an incident should happen to be your fault, and it protects the landlord from being responsible for your possessions. 

If you don’t want stuck footing the entire bill to replace your damaged property or someone else’s, it’s a smart idea to have a policy to cover yourself even if you rent. Contact Stevens Insurance, serving Las Vegas, NV and the surrounding area, at 702-648-9689.

Tips for New Boaters

You have your new boat, and you’re ready to take it out on the lake in the Las Vegas, NV area for the first time. To avoid some novice mistakes, here are several tips to help you have a successful and safe voyage.

  • Be sure that someone not going on the trip knows your boating plans and expected arrival time in case something goes wrong.
  • Seal your keys, wallet, and cell phone in a Ziploc baggie to avoid water damage.
  • Check the weather early and throughout the trip, and be ready to change your plans if the weather is bad.
  • Practice backing your boat on the trailer if you’re new before you head down to boat launch ramp.
  • Go slow when docking or loading the boat and you’ll look like a pro!
  • Don’t overload the boat and don’t over pack for your trip.
  • Boating can be disorienting, so know your landmarks or use the GPS.  If using a GPS, know the functions before taking off.
  • Ensure that you have all the required safety equipment on board
  • Check the anchor rod and chain are not tangled up in case you need a fast deployment.
  • Find a life vest that is comfortable, and wear it.
  • Bring plenty of skin protection, bug repellant, and overdress because you can always take items off. 
  • Bring extra snacks and things to drink just in case your boat breaks down, and you’re stranded for hours.
  • Have someone else that can drive a boat in case you have an emergency.

Stevens Insurance

Contact an agent at Stevens Insurance in the Las Vegas, NV area to help you with your boat insurance policy options. We have knowledge of the area, boating, and we can save you time by finding the coverage to protect your investment.

How Could Renovations Affect Your Home Insurance?

You’re finally going to do it. You’re renovating your home. You and your spouse have all of the plans ready. You’ll start in the kitchen, create a backsplash, install new cabinets, and you’ll finish with a fire pit in the backyard. You’re ready to start, but there’s one thing you didn’t consider: how will this affect your home insurance? 

Home renovations may have the following impacts on your home insurance: 

  • You may need to increase your homeowner policy limits. If your house went up in value it may now exceed the limits of your homeowner policy. This could leave you without the insurance coverage you need if your property is damaged or destroyed. Before you start your renovations, consult with the trusted, knowledgeable insurance specialists at Stevens Insurance in Las Vegas, NV. 
  • You may be able to negotiate a lower rate if you replaced the roof. After you complete repairs and especially if you install a new roof, you need to contact your home insurance company. New roofs will provide better protection from mother nature and likely will extend the life of your home. Your insurance company will recognize this and may be willing to lower your rates after your project is complete. 
  • You may need to increase the personal property limits. When you renovate, you likely will buy more than siding and roofing materials. If you purchase an expensive TV, pool table, or other valuables, make sure you increase your personal property limits, so they’re protected in the case of a disaster. 

If you live in or around Las Vegas, NV, you need an insurance company you can trust. You need to contact Stevens Insurance. Give them a call today at (702) 648-9689 and see what they can do for you.