Three misconceptions about motorhome insurance

If you own a motorhome, you’ll need to insure it to avoid unexpected expenses that could lead to financial hardship for you. Will Wright Agency Inc. offers motorhome insurance in Decatur, AL.

Unfortunately, there are some common misconceptions out there regarding motorhome insurance that you should be aware of. The following are three misconceptions about motorhome insurance.

Motorhome insurance and auto insurance are basically the same.

There are a few important differences between motorhome insurance and auto insurance to be aware of. For one thing, motorhome insurance typically has higher liability thresholds since motorhomes are larger vehicles that could cause more damage. 

Another big difference when it comes to typical motorhome insurance policies is that they typically make it convenient for motorhome owners to pause coverage in the off-season when their motorhome is in storage. 

Your home and auto insurance policies automatically cover your motorhome. 

Although your home insurance may offer coverage for your motorhome while it’s in storage on your property, home insurance won’t offer any additional insurance protection for your motorhome. Also, auto insurance may only offer basic liability coverage in certain situations like when you’re towing a motorhome. 

To get complete coverage, you need to invest in a motorhome insurance policy. 

You’ll have to pay a lot more for motorhome insurance than for auto insurance. 

You might be surprised to find that motorhome insurance is actually sometimes less expensive than auto insurance.

Insurance providers often find that motorhome coverage involves less risk than auto insurance coverage, so premium rates may therefore be lower. 

If you’re interested in a quote on motorhome insurance in Decatur, AL, we can assist you at Will Wright Agency Inc. Send us your inquiry today and we’ll be happy to come to your assistance!

Updating Your RV Insurance After Updating Your RV

This blog from Will Wright Agency Inc. covers why you need to update your coverage after adding solar panels, installing new appliances, or renovating your RV. Whether your RV gets parked full-time in Decatur, AL, or you often road trip, you need to keep your insurance current.

That does not just mean keeping your RV policy paid up; it also means that you cover the appropriate items you store in it and its overall condition. That’s why, when you renovate or add to your RV, you need to contact us at Will Wright Agency Inc. to update your policy.

Let’s say you update all of the appliances in your RV. That means you install a new refrigerator/freezer, air conditioner, heater, microwave, oven/stove, and added a Keurig coffee maker. Your insurance policy covered the RV as you purchased it. Your insurance agent based your coverage on those appliances. Your updates made your RV worth more money, but your policy covers the original value.

Adding solar panels to your RV’s roof so you can stop using propane and have electricity when not parked and plugged into an outlet also increases the value of your RV. A solar-powered recreational vehicle requires an insurance update.

Let’s say you purchased an older RV, then rehabbed it, much like a house flipper would. You bought insurance when you purchased the RV, but now its value went up. What you purchased for  $5,000 now has a value of $15,000. That means you need to update the insurance on it.

Contact Us

Contact Will Wright Agency Inc., serving Decatur, AL, for more information. Meet with one of our agents to update your RV policy today.

Own a Classic Car? Don’t Leave it Unprotected

If you are one of the fortunate people who own a classic car, ensure you have it correctly insured. Contact the insurance professionals at Will Wright Agency Inc. in Decatur, AL for all the information you need to protect your car.

The hobby of owning a classic car is costly. A standard policy will not adequately protect your vehicle. To obtain insurance for a collector, classic, antique, or vintage car or truck, your vehicle needs to be garaged, used as an extra vehicle only, and not for daily use and kept in good working order.

Classic cars usually appreciate if they are correctly maintained. Your coverage should reflect the current market value of your vehicle. This special coverage will do that. It will also offer collision, liability, comprehensive, and other specialized coverage, such as:

  • You are reimbursed for the actual value of your vehicle.
  • It’s possible to have coverage for original replacement parts.
  • You can go to the restoration or repair shop of your choice.
  • You can drive your classic car at any time without mileage restrictions.

While it might seem logical to put your classic vehicle on your existing car insurance policy, there are reasons to get coverage created, especially for the needs of your classic. Classic car insurance usually covers your car up to an agreed value, whereas standard car insurance will not provide as much coverage.

Because the values of classic vehicles can vary quite a bit, making your vehicle more expensive to insure. As most classic car insurers have rigid eligibility requirements, having a clean driving record helps to keep your monthly premiums down.

If you are one of the lucky few who can enjoy this terrific hobby, make sure you have all the coverage you need in case of a mishap. Contact the professionals at Will Wright Agency Inc. today for answers to all your questions. You will be glad you did.

The Top Five Reasons to Get Renters Insurance

Everyone knows that feeling of finally finding the perfect apartment. It has everything you need and want, plus it’s in a great location. You can’t wait to move in and make it your own. But even as you sign the lease, one more important thing to do is get renters insurance. Here are five good reasons why you should do so.

1. It’s Relatively Inexpensive

It’s easy to see renters insurance as an unnecessary expense, but the truth is that it’s relatively inexpensive. You can never compare the cost of your belongings to the price of a policy.

2. It Covers Your Belongings

Your landlord’s insurance covers the building itself but not your possessions. If there’s a fire or break-in, you could lose everything – and be left with no way to replace it. Renters insurance covers your belongings, so you can replace them if they’re damaged or stolen.

3. It Protects You from Liability

If someone is injured while on your property, they could sue you. Renters’ insurance includes liability coverage, which protects you in case you’re sued for damages. This ensures you won’t have to pay out of pocket if someone is injured on your property.

4. It Covers Additional Living Expenses

If your apartment is damaged and you need to find a new place to live, renters insurance can help cover the cost of additional living expenses. This includes things like hotel bills and restaurant meals.

4. It Covers Extra Expenses

If you have to move out of your apartment because of damage from a fire or severe weather, your renter’s insurance will cover the cost of temporary housing. This coverage can also help pay for things like food and other necessary expenses.

5. Some Landlords Require It

While not all landlords require renters insurance, some do. If your landlord asks you to get coverage, it’s a good idea to comply. Not only will this give you peace of mind, but it could also help you avoid potential legal problems later on.

Getting renters insurance is an intelligent way to protect yourself and your belongings. It’s relatively inexpensive and can save you a lot of money in the long run. Will Wright Agency Inc. offers renters insurance in Decatur, AL. Contact us today to learn more about our policies and how we can help you protect your home.

Dangers of Not Having Motorhome Insurance

If you live in your motorhome full-time, you know how important it is to have the right insurance coverage. Your camper on wheels is not only your mode of transportation but also your home; you need to ensure it is protected from any potential risks. However, many people choose to forego motorhome insurance, thinking that their auto insurance will cover them in case of an accident. Unfortunately, this is not always the case. Here are some dangers of not having motorhome insurance.

1. You Could Lose Your Home

If your motorhome is totaled in an accident and you don’t have insurance, you could lose your home. Even if you still have the title to your motorhome, you will not be able to replace it without insurance coverage. This could leave you homeless and without transportation.

2. You Could Be Sued

If you are involved in an accident without insurance, the other party may sue you for damages. If they are successful, you could be responsible for paying their medical bills, repair costs, and more. This could ruin your financial stability and leave you in debt for years.

3. You Get Ruined Financially

In addition to the previous point, not having insurance can ruin you financially if you are sued or involved in an accident. If you do not have the proper coverage, you may have to pay out of pocket for any damages. This could leave you a hefty bill and potentially ruin your credit score.

These are just a few of the dangers of not having motorhome insurance. If you are currently uninsured, getting coverage as soon as possible is important. Accidents can happen at any time, and you need to be prepared. Luckily, Will Wright Agency Inc. in Decatur, AL can help you get the coverage you need. We offer comprehensive motorhome insurance policies that will protect you and your home on wheels. Contact us today to learn more about our coverage options and get a free quote. Please don’t wait until it’s too late. Insure your motorhome today.

What You Need to Know Before Buying RV Insurance

There’s nothing quite like hitting the open road in an RV. The freedom to explore new places, set up camp whenever and wherever you please, and spend quality time with family and friends – it’s no wonder that RVing is one of America’s favorite pastimes. However, before you head out on your next adventure, there’s one vital thing to take care of: insurance. But what kind of insurance do you need for your RV? Here’s what you need to know before buying RV insurance.

What Does RV Insurance Cover?

What is covered by your RV insurance will depend on the type of policy you purchase. Some of the common coverages included in most RV insurance policies are:

  • Collision Coverage: This coverage will help to repair or replace your RV if it is damaged in an accident.
  • Comprehensive Coverage: This coverage will help to repair or replace your RV if it is damaged by something other than an accident, such as a fire, theft, or vandalism.
  • Medical Payments Coverage: This coverage will help to pay for medical expenses if you or your passengers are injured in an accident.

How Much Does RV Insurance Cost?

The cost of RV insurance varies depending on the value of your RV, the coverages you choose, the amount of liability coverage you need, and other factors. However, you can expect to pay anywhere from a few hundred to a few thousand dollars per year for RV insurance.

What Are Some Things to Consider When Buying RV Insurance?

When you’re shopping for RV insurance, consider the value of your RV, how often you’ll be using it, where you’ll be taking it, and what type of coverage you need. It would be best if you also considered the deductibles for each coverage and the limits of liability. By keeping these things in mind, you can be sure to get the right RV insurance for your needs and budget.

Will Wright Agency Inc. in Decatur, AL, offers a variety of insurance policies to make sure you and your family are safe on the open road. Get in touch with us today to learn more about our RV insurance options.

Different types of classic car insurance coverage

Will Wright Agency Inc. is here to help you meet all of your classic car insurance needs. If you own a classic car and live in the greater Decatur, AL area, you can count on us! We believe that classic cars are a lot more than a hobby. They’re an investment. Call or stop by our office to learn more about the types of classic car insurance policies available in our area.

The right insurance for your classic car

When it comes to protecting a classic car, regular auto insurance will not cut it. There are several different policy options available to classic car owners. The level of protection that you need will depend on a few various factors, including:

  1. How old is the car?
  2. How many miles has it been driven?
  3. Do you drive the car regularly?
  4. Is the vehicle stored outside, in your home’s garage, or a temperature-controlled storage unit?
  5. Are car shows and rallies something that you participate in regularly?

Your insurance agent will want to know the answer to these questions and more. This list can help you start thinking about your insurance needs and how to meet them best. If you still have questions, give our agency a call today, and we can answer them! We can also address any concerns that you may have about obtaining the appropriate insurance policy for your classic car.

Call or stop by today!

If you live in the Decatur, AL area and have a classic car, the Will Wright Agency Inc. team will provide all of your insurance needs! We can help you find the right policy today. Call or stop by our office and find out more!

Renters Insurance FAQ

We at Will Wright Agency Inc. in Decatur, AL know that renter’s insurance can be confusing. We’re here to help you with concise answers to some of the most frequently asked questions about rental insurance.

What is Renter’s insurance?

It’s insurance that covers your belongings in the event of theft or damage. If a tree falls through your apartment and destroys your home stereo or if someone breaks in and steals your electronics, it is these policies that cover it.

What is the Difference between Renter’s Insurance and Homeowner’s Insurance?

Renter’s insurance is for belongings only, but typically homeowner’s insurance will cover the home as well. Since a renter doesn’t own their building, renter’s insurance only covers material goods.

Is Renter’s Insurance Mandatory?

We feel it is a great idea when you are renting to cover your belongings, however, renter’s insurance is not required or mandatory to have.

How Much is Renter’s Insurance?

The cost depends on the value of the property that is being insured, but typically policies are cheap to own. Area, credit scores, and the type of policy all factor into the cost as well. The average is about $300 a year according to the Insurance Information Institute.

What Will the Policy Not Cover?

Natural disasters, terrorist acts, and pest issues aren’t usually covered. There can be category limits on high ticket jewelry items and artwork. Talking to your representative can give you all the answers about what is and what isn’t covered.

Do you have other rental insurance questions or questions in general? We at the Will Wright Agency Inc. in Decatur, AL have the answers. Give us a call or come by today.

4 Reasons you Should Invest in Motorhome Insurance

Motorhome owners, just like car owners, can bump into unexpected incidences on the road. That said, having motorhome insurance in place ensures protection in case of anything. With that in mind, it’s paramount to pursue the numerous Motorhome insurance coverages available to get complete protection for your RV. You see, RVs are expensive and warrant protection from all sorts of incidences like theft, damage, or any other perils. That is why investing in motorhome insurance should be a no-brainer. Let’s see some of the benefits you enjoy as prepared by Will Wright Agency Inc. 

Peace of mind

The ultimate goal of motorhome insurance is to offer you peace of mind. You rest assured that your insurance takes care of your prized asset when disasters strike.

Protection of personal belongings

Motorhomes act like a home away from home. Therefore, you have all sorts of belongings in that motorhome, such as clothing, electronics or furniture, and they don’t come cheap. Your motorhome insurance protects personal belongings in case of an unfortunate occurrence.

Liability protection

Accidents may happen on the road, and when you are liable, they may attract a heavy financial burden on you, including legal charges if you get sued or medical costs for bodily damage. Motorhome insurance ensures protection against such liability claims.

Asset protection

Motorhome insurance is meant to protect your heavy investment. RVs are costly to the point of costing as much as your home. The cost of repairs if it got damaged or even replacing it in case of theft can be crazy. That’s why you need a robust insurance plan to cushion your investment.

Motorhome Insurance in Decatur, AL

Motorhomes are a great way of exploring nature, but they require protection while on the road. As you adventure and have fun, motorhome insurance is one essential investment you shouldn’t forget. Ready to purchase your insurance in Decatur, AL and its environs? Contact Will Wright Agency Inc. for an affordable quote.

RV Insurance: Frequently Asked Questions and Answers

RVs can make life a little more fun, but they are susceptible to damage caused by a number of events. With that being said, if you own an RV in Decatur, AL, it is imperative that you seek out the help of our agents at Will Wright Agency Inc. to protect your investment with an RV insurance policy. Here are a few questions that new RV owners often have regarding coverage for their recreational vehicle.

How Much Insurance Is Necessary?

Similar to auto insurance, RV insurance is required for any registered RV that is driven on the road in terms of minimum liability coverage. However, due to the fact that this type of recreational vehicle is so large and can cause serious damage in the event of an accident, it is often recommended to seek full coverage or at least extend your policy’s liability limits to ensure you are properly covered. Our agents can help you determine how much coverage you need based on the use of your RV and individual situation.

Is Comprehensive and/or Collision Coverage Needed?

Although this type of insurance coverage is not required for your RV, unless you are financing it, you may still want to consider it. These coverage options will offer enhanced protection against a number of events, such as inclement weather, natural disasters, theft, and property damage that occurs during an at-fault accident.

Should RV Insurance Be Canceled in the Winter?

Many RV owners think that canceling their policy throughout the winter months when their recreational vehicle will not be used is a great way to save money. However, with the lack of insurance coverage, you could lose your registration. In addition, you are putting yourself at financial risk if your RV suffers damage during this period of non-coverage. Therefore, it may be a better idea to simply reduce your coverage. We can help you determine what is best.

If you have more questions about RV insurance in Decatur, AL, the team at Will Wright Agency Inc. is standing by to assist you.