Five Reasons to Sign up For Life Insurance as Soon as Possible

If you don’t yet have life insurance, you’re not the only one. Many people think of it as a list item they put off, not realizing how important it could be to have it as soon as possible.

Below are five reasons you should consider the importance of having life insurance from Commonwealth Insurance Center in Williamsburg, VA.

1. To shield your dependents from outstanding debt

Many people mistakenly think that funeral costs are the only expenses people dependent upon them have to pay after they die. However, student loans, utility bills, or other balances may still be owed. Having a life insurance policy could reduce or eliminate undue stress.

2. To have as an emergency fund

Of course, you hope emergencies never happen. However, if they do, it’s always nice to know if you can cover the expense of it without having to rely on loans or family members. Having life insurance could help with this.

3. Money for retirement

One of the primary purposes of a life insurance policy is to help pay for your funeral. Still, it helps to know that you have some amount of financial cushion in case you need it after you permanently or temporarily stop working.

4. To lock in opportunities while still healthy

Nowadays, you can find a life insurance policy no matter your age or health condition. Nevertheless, you have benefits that may manifest if you live a healthy lifestyle and are actively monitoring it.

5. For the possible tax benefits

Virginia law indicates all the regulations concerning life insurance. You may have the chance to lower the taxes you need to pay, depending on the kind of life insurance policy you have.

Contact Commonwealth Insurance Center in Williamsburg, VA for specifics on life insurance policy inclusions. A Virginia agent is happy to assist you with any policy coverage questions.


Auto Insurance Basics

You want to protect your friends and family from dangers, but that’s not always possible. Having a sound auto insurance policy is a great start to helping protect yourself if an accident does occur. Commonwealth Insurance Center can get you started with that. In Williamsburg, VA, you’ll be able to get the right coverage for your needs.

The Types of Coverage Available

Being found at fault for an accident can be life-changing, and carrying the burden of debt because of the expenses can be just as devastating. Luckily with auto insurance, you’ll be able to avoid going into debt.

  • Bodily Injury Liability – is liability insurance that gives you coverage if a claim is made against you because someone was injured in an accident that was your fault. Medical costs could be completely covered, which may include hospital stays, clinic visits, and rehabilitation.

  • Property Damage Liability – is coverage that begins when you damage someone’s property. Property could include a vehicle, a home, a fence, or any other property.

  • Uninsured and Underinsured Motorists – is coverage that generally goes together. If someone is uninsured or does not have enough coverage to pay for damages to your vehicle or person, then this coverage will start.

Other Kinds of Auto Coverage

You may need additional coverage that will pay for varying costs.

  • Collision – pays for coverage if you have an accident and damage your vehicle. This could include an accident with another vehicle or an object, such as a telephone pole.

  • Comprehensive – is coverage that protects you if your vehicle is damaged due to something other than an accident. This includes fire, vandalism, and theft.

With a good auto insurance policy, you could be completely covered. Start by getting in touch with the agents serving the Williamsburg, VA area at the Commonwealth Insurance Center.

How to Know If You Should Get Full Coverage Auto Insurance to Meet Your Needs

Are you someone who always goes for the cheapest auto insurance available? That may not be the wisest idea. Sure, it’s great to be able to say you got the "best deal out there." However, you might end up regretting this later on if the unexpected happens, and you have to pay out of pocket for damages or replacement. This should be discussed with an agent at Commonwealth Insurance Center, serving the greater Williamsburg, VA area. 

What Is Full Coverage Auto Insurance?

This can mean different things for each person and each insurance company. It’s best to read all the details of an auto insurance policy before you sign up for it. 

Almost all of these policies feature the following types of protection:

  • Liability is what covers any damages that are determined to be your fault in an accident. This includes the vehicle itself and any medical expenses of the people who were inside the automobile at the time. Most often, maximum limits for liability insurance are $500,000 total for an accident, $100,000 for the other vehicle, and $250,000 for that vehicle’s driver and passengers.
  • Collision insurance covers the damage that’s done to your vehicle, as well as any injuries you and your passengers have as a result of an accident that’s deemed to be your fault. The insurance company should pay for everything besides a deductible of about $100-500 that you have to pay out of pocket.
  • Comprehensive insurance covers other types of damages to your automobile that occur when you’re not driving it. This includes natural disasters such as tornados, and damages arising from vandalism. It also may cover the cost of replacing your stolen vehicle. 

Why Get Full Coverage?

If you own your automobile outright but will not be able to replace it yourself if it’s stolen or damaged enough to need a replacement, full coverage is essential. If you’re someone who does a lot of driving, it makes good sense to have the full coverage in place if you have a car that’s worth a lot of money. If you are still making car payments, you’ll be required to have full coverage auto insurance.

Be sure to talk to a professional about this matter and anything else you aren’t sure of when it comes to auto insurance. Reach out to the team at Commonwealth Insurance Center of the Williamsburg, VA area for assistance right away. 

When Should You Increase Your Level Of Renter’s Insurance?

Perhaps you are in the process of looking for a renter’s insurance policy or you already have one in place? You probably have many questions, including when you need to increase your level of protection. Working with a knowledgeable insurance provider will help you get the answers you need to help ensure you are protected. 

Increasing Your Renter’s Insurance 

If you are wondering if you need to increase your renter’s insurance, you should consider whether you have made any high dollar purchases such as appliances, jewelry, and furniture. If this is the case, you need to save the receipts and take pictures to prevent issues with coverage if there is a claim. Additionally, if you have a roommate who makes larger purchases, you should advise them to consult with an experienced insurance agent. 

Finding The Right Coverage

Navigating the process of finding good renter’s coverage that meets your needs can be tricky without some help from a professional insurance agent. They can outline your needs and help you find the right policies that match your current situation. If you live near the Williamsburg, VA area, you can count on Commonwealth Insurance Center to work directly with you to get all of the information necessary to find the right policy. Additionally, they can also assist you with any claims you may have in the future. 

Don’t risk losses from the unexpected if you rent or lease your home. Get the assistance and options you need from Commonwealth Insurance Center, serving the residents of Williamsburg, VA. Call or stop by today to get answers to your questions and to speak with an agent. 

3 Things You Should Know about Classic Car Insurance

Owning classic cars in more than a hobby. It’s a lifestyle. To protect this valuable asset, it’s important to have classic car insurance in Williamsburg, VA. 

Classic Car and Auto Insurance are Not the Same

Regular auto insurance covers your vehicle only up to its cash value. This means an auto policy will replace the cost of the vehicle minus its depreciation. On the other hand, a classic car insurance policy covers the vehicle up to an agreed-upon price. This amount is determined based on a collectible car valuation guide, a professional appraisal, research by an underwriter, and other documentation. Unlike regular automobiles, classic cars appreciate in value, particularly when they are well maintained. 

Classic Car Insurance Has Add-On Options

When you compare classic car insurance policies, you’ll find they are quite similar. However, there are add-ons you can include in your policy. Some of these include:

  • Spare Parts Coverage: If spare parts are destroyed or stolen, this add-on will cover the cost.
  • Traveling Coverage: If your vehicle breaks down on the road, this add-on may reimburse you fo food, lodging, and renting a vehicle. 
  • No Attendance: This means that when you are away from your classic car while it is being displayed at a car show, coverage still applies. 
  • Car Show Medical: If an individual gets injured at an auto show featuring your classic car, this coverage kicks in. 

There are Strict Requirements for Storing a Classic Car

Insurance carriers have strict requirements when it comes to storing your classic car. For starters, it must be stored in an enclosed area, like a garage. Each carrier may have different requirements so be sure to check this out before buying a policy. 

To learn more about classic car insurance in Williamsburg, VA, contact the team at Commonwealth Insurance Center. We will answer all your questions and help you find the right policy. Call Commonwealth Insurance center today at 800-585-7722.






X Safety Tips for New Motorcycle Riders

Your new motorcycle is fun, exciting, and your ticket to endless adventures. However, without taking the right safety precautions, you could find yourself in some less-than-pleasant situations. Incorporate these tips into your routine to ensure you stay safe while riding your motorcycle around the Williamsburg, VA area.

Buy the Right Gear

The right bike and accessories protect you from potential danger and encourage responsible bike behaviors.

  • Opt for anti-lock brakes. Regardless of your skill level, anti-lock brakes are a smart investment. The sudden application of the brake robs the rider of steering control which contributes to accidents and skidding.
  • Be realistic. Don’t buy a high-performance model if you’ve never ridden before. Start small and upgrade as you grow.
  • Dress for the road. The clothing you choose can literally save your skin if you skid out. Specially designed jackets and pants that protect you without being too hot can be found at many motorcycle shops.

Don’t forget your helmet! Remember, Virginia state law mandates the use of a helmet on all motorcycle trips. Talk to the agents at Commonwealth Insurance Center for help choosing the right helmet.

Stay Alert

Pay attention to these important details to avoid accidents.

  • Check the weather. Avoid travel if you aren’t absolutely certain that you can safely navigate the roadways.
  • Give yourself space. Car drivers sometimes struggle to see slimmer bikes. Don’t get to close to other cars in traffic, watch for mergers, and never drive on the line between lanes.
  • Watch road conditions. Potholes and construction debris can send you head over heels and into an uncomfortable situation. Slow down on rough roads or navigate around them.

A good insurance policy is an important part of safe driving. Without proper coverage, you could find yourself in some sticky situations. Talk to the experts at Commonwealth Insurance Center for more information on motorcycle insurance in the Williamsburg, VA area.


Does My Boat Have Insurance Coverage Out of Water?

Boat insurance is a necessary thing if you plan on taking a motorboat, sailboat, or other types of personal watercraft out on the open water. Commonwealth Insurance Center, serving Williamsburg, VA, often gets a lot of questions about standard boat insurance coverage. One of the most common pertains to what happens with boat insurance when the boat is not actually on the water.

Property Coverage

Boat insurance is going to protect the boat or watercraft from a variety of risks. The insurance will cover the boat for repairs in the event there is damage from an accident. The coverage, typically, will protect the boat whether it is on water, or on the land. So, for example, if the boat gets damaged when it is on land, the coverage will usually pay for repairs.

Travel By Boat

 How about when you are going to travel by boat? Most of the time, you have boat trailers with an attachment to a truck, pulling the boat along. In a case such as this, you need the trailer to have its own coverage to ensure you have protection. Your boat insurance alone is not going to protect you should you get into an accident while driving a boat around on a trailer.

Boat insurance is going to typically provide coverage for the boat when it is on the water, as well as off. The protection usually limits to the property aspect, though. The damage you cause while driving the boat around on a trailer will require additional coverage, usually an addition to your auto policy that includes the trailer attachment. Reach out to Commonwealth Insurance Center serving Williamsburg, VA for all of your boat insurance questions.

Some Reasons Why You Might Need Umbrella Insurance Coverage

If you already have or are planning to take out insurance, you should think about adding some extra coverage. Why? Because no policy can cover every possible situation that can arise.

Quite simply, unplanned events will eventually happen. So, it is best to have some insurance beyond your regular coverage.

For more specific information, speak with an agent at the Commonwealth Insurance Center, serving the Williamsburg, VA area, about umbrella insurance.

To help you better know what to talk to your agent about, following are some things that umbrella insurance might be able to cover.

False Arrest

After having the charges dismissed, someone you caused to get arrested, at your business, home, or elsewhere, may want to salvage their reputation. You could then be subjected to a false arrest suit.

Defending against a claim could take resources you do not possess. Having an umbrella insurance policy could be just the solution.

Invasion of Privacy

Whether you are accused of invading the privacy of another or have to file a claim against someone, umbrella insurance may be able to help.

Legal costs can be staggering and privacy invasion is one of those irregular claims perhaps uncovered by your other insurance. Discuss with an agent whether your line of work or another factor might make you a wise candidate for this coverage.


Those involved in writing, whether on paper or online, need to seriously consider umbrella insurance that includes libel coverage.

People and institutions whose names appear in your written work can feel offended and file a libel claim.


If you say something that harms the reputation of someone, then you can face a slander suit.

These cases arise quite often in commercial affairs when competitors comment in a manner that could be potentially harmful for the business interests of another.

Get More Information Today

Contact the Commonwealth Insurance Center, serving the Williamsburg, VA area, about the umbrella insurance policy best suited for your needs.

The helpful staff can explain just how this insurance can help you plan for and survive the unexpected.


When is flood insurance a necessity?

For those that own a home in Williamsburg, VA, making sure that you have the right type of home insurance in place is very important. Beyond a standard home insurance policy, you may also need to get flood insurance. There are several situations in which getting flood insurance will be a necessity for your home. 

Mortgage Requirement

One situation in which having flood insurance is a necessity is when it is required by your mortgage lender. If you get a FHA mortgage, the lender will analyze FEMA flood maps to determine whether your home is in a flood zone. If it is determined that your home is at a higher risk of flood damage, the lender will require that you carry flood insurance at all times. They likely will also require that you escrow for this on a monthly basis. 

Home Insurance Doesn’t Cover

Even if you are not required by your lender to carry flood insurance, it is still great insurance to have it in place. If you live in a higher risk zone, your base home insurance policy likely will not give you flood insurance coverage. For Williamsburg, VA area homeowners, getting an additional flood insurance policy will provide you with the protection against flood damage that you need. 

If you need to have flood insurance or have questions about the benefits, you should speak with the team at Commonwealth Insurance Center. When you meet with the Commonwealth Insurance Center professionals, you will learn more about your flood insurance obligations and figure out if you need to get a policy. The team can then help you get into a policy that provides you with the right level of protection. 

How Condo Insurance Differs From Home Insurance

Whether you already have a condo or are planning to purchase one, you will need a type of insurance known as condo insurance. Although it is similar in certain ways to home insurance, there are also some key ways it differs. Here are some of those differences, courtesy of Commonwealth Insurance Center serving the Williamsburg, VA area.

Interior of building

A condo insurance policy typically covers the interior of your building as well as your possessions that are in that building, such as your furniture, clothing, appliances, and more. With a home insurance policy, the interior, as well as the exterior of the building, are covered. That includes the land on which the house has been built.

Exterior of building

Meanwhile, with condo insurance, typically the exterior of the building is covered through a policy paid for in another way, such as via your homeowner’s or condo community’s master policy. That policy also covers all of the jointly owned property in the condo community.

Premium amounts

Because a condo is in many instances smaller than a house and because the condo insurance policy does not cover as much as a home insurance policy does, the premium paid for condo insurance will be lower than that for a home insurance policy.

Necessary insurance

Whether you live in a house or a condo, insurance is still just as necessary, although the logistics and requirements are different based on the type of dwelling. Always make sure you have adequate coverage, no matter where you live.

Check on the details of your particular policy to verify what your condo insurance specifications are. If you would like more information about condo insurance or other types of insurance, feel free to contact Commonwealth Insurance Center, serving the Williamsburg, VA area.