Umbrella Insurance Protects You From the Unforeseen

Even if you have good insurance policies for your vehicles, home, life, and business, there are still unforeseen events that could take place. Some of these events could be out of the scope of what your insurance covers. If that happens, it could leave you without protection or peace of mind. Fortunately, there are ways to be better protected and to get that peace of mind back. One of those ways is to work with Perry Insurance Agency to get an umbrella policy. If you’re in the Vernal, UT area, we can help you get the type and level of coverage you need to be truly protected in virtually any situation.

An umbrella policy takes over where other policies end. It adds another layer of security to insurance and can mean higher coverage limits, too. When one policy reaches its maximum allowable coverage, for example, the umbrella policy could be used to provide additional coverage. While not everyone may need this kind of policy, claims on an insurance policy can add up quickly. It’s generally better to have extra protection than not to have enough. By working with an agent who knows umbrella policies, you can get the coverage that’s right for your situation, and that will protect you now and in the future.

Serving the Vernal, UT area, Perry Insurance Agency can help. Reach out to our agents today, and let them help you get the umbrella insurance coverage you need. Then you can relax knowing that you’re protected even for more unlikely or serious events that your other policies may not be equipped to handle. By giving you quotes and information from multiple companies, we can help you choose the best one to fit your goals, and we can periodically review the coverage with you to make sure you always have what you need. Also, ask about the 24 other states we write policies for if you aren’t a resident of Utah!

Can You Add Babies to Life Insurance Policies?

When we take out a life insurance policy, it is in the interest of keeping our family safe and well provided for should something terrible happen. For those that have small children, it may be necessary to take out life insurance policies on them as well to take care of any unforeseeable issues or tragedies that may transpire. You can add nearly anyone to an insurance policy including babies. For those that live in the Vernal, UT area, the agents with Perry Insurance Agency can help you find the perfect policy.

Life insurance is meant to help protect your family against financial burden should you die or become very severely injured and need medical help or financial assistance. The same goes for children that are added to an insurance policy. For the most part, coverage that includes a baby is meant to help handle money that is associated with the cost of a funeral or medical treatment should your child become badly injured.

Children on a life insurance policy are also protected in later life and can also borrow against policies that have fully matured if they need money when they are over the age of 18. This type of life insurance policy is more for the benefit of the parent than they are for the benefit of the child or for a guardian that takes care of a child. For those that have a life insurance policy already, you can often add the child to a smaller policy that is just for them and can help to protect your family against any issues that may occur.

For those that live in the Vernal, UT area, the agents with Perry Insurance Agency can help you find the perfect insurance policy for your needs. If you live outside of Utah, we can still help! Contact us to find out if you are in one of the 24 states we serve.

Can I use my personal vehicle at work to avoid commercial automobile insurance?

When you own a business, you are continually facing risks that could cause serious harm to your business. Insurance is the way that businesses protect themselves from risks. If your business were found to be liable for an accident that was not covered by insurance, that money would have to be paid directly from your funds.

Perry Insurance Agency helps business owners in Vernal, UT with all their commercial insurance needs, including commercial auto insurance. When your company owns vehicles, you will obviously need to purchase commercial insurance that will specifically cover those vehicles.

However, your company might try to save money by allowing employees use their cars to run errands or conduct other business. But how does insurance work in cases where you are using your personal vehicle to perform tasks for the business, and your personal auto insurance already covers your car?

Unfortunately, using a personal vehicle to conduct business may mean that you are not covered if there is an accident. That means that all of the damages, including bodily injury and property damage, might need to be paid out of pocket by your business.

There are many factors which could influence whether your personal insurance will cover auto accidents that occur during your employment. These include questions like whether the vehicle was used to deliver goods, whether it was used as a taxi service, and whether the driver was employed directly by the business or contracted out for work.

You don’t want to take any chances when it comes to protecting your business in Vernal, UT. Contact our friendly agents at Perry Insurance Agency today to make sure your business has all the protection it needs.

What is a Moratorium for Renters Insurance?

Insurance companies can place a moratorium when purchasing renters insurance policies. However, many people do not know what this means and how this may affect them. Here at Perry Insurance Agency, serving the greater Vernal, UT area, we want to help you understand what this means. Here are two questions you may have about renters insurance and moratoriums.

What is a Moratorium for Renters Insurance?

A moratorium means that there is a hold on the effective date of a renters insurance policy. In most cases, a moratorium goes into place when there is a known weather event that is going to be hitting the area you live in. For example, if a hurricane is expected to strike, if wildfires are surrounding your county, or if heavy rain is expected to hit and cause potential flooding, a moratorium may be put into place. This prevents people from buying insurance solely to protect themselves against an element that is likely to hit. 

How Do You Know if There is a Moratorium on Renters Insurance?

An insurance company must notify you if there are any moratoriums in place when you buy your insurance policy. For example, the company may allow you to buy the policy today but must tell you it will not go into effect for 7, 15, or 30 days due to a moratorium in place. 

There are many companies that you can purchase renters insurance from. If you are looking for a policy in the greater Vernal, UT area, Perry Insurance Agency can help you. Contact us today to discuss your rental insurance needs and let us help you find the best policy for your situation in over 24 states. 

Minimum RV Insurance Requirements in the State of Utah

Your auto insurance policy will cover an RV, and Utah drivers must have the following minimums:

  • At least $25,000 of bodily injury per person for each accident
  • At least $65,000 of bodily injury for every person per accident
  • At least $15,000 of property damage liability coverage
  • At least $25,000 of uninsured motorist coverage
  • At least $65,000 of underinsured motorist coverage

While these amounts will cover the vehicle itself, it’s a good idea to get RV insurance so you can be protected from any losses that can occur while you’re operating an RV or travel trailer.

What to Consider While Purchasing RV Insurance

There are certain things that you should consider while you’re purchasing RV insurance, and one of them is the type of vehicle that needs to be covered. Most RV insurance policies will cover motorhomes and travel trailers. Motorhomes will have living quarters and appliances that are permanently attached, while travel trailers are towed by a motor vehicle and are generally used for camping. Be sure to speak to an agent about any specifics.

To be eligible for RV insurance, the vehicle must have the following items permanently attached:

  • Cooking appliance
  • Refrigerators
  • Bathroom facilities
  • Heating and/or air conditioning
  • A drinkable water supply system
  • An electrical system of 110-125 volts

A travel trailer can be covered on an RV insurance policy if it has both a cooking facility and a place for sleeping.

If you want to get an RV insurance policy, Perry Insurance Agency is one of the most known providers in Vernal, UT and serves over 24 different states. We have agents who can help you get the right kind of coverage, so feel free to contact us to find out how we can help you.

What RV Insurance Can Cover

Like regular auto insurance, an RV policy will have a number of coverage options. Every single one of them can protect you from different perils. Many of them are optional, so you can tailor your plan according to your specific needs.

The types of RV coverage that you can add to your policy include:

  • Liability – Protects you from the costs associated with bodily injury or property damage that other people have suffered because of an accident of which you were the cause.
  • Comprehensive – Helps with any costs if your RV has been damaged because of any incident that isn’t related to a collision (such as fire or theft).
  • Collision – Covers any repair or replacements costs that have been caused by a collision.
  • Vacation Liability – Covers any costs associated with property damage, but only if it has been used for vacation purposes.
  • Roadside Assistance – Will help you if your RV experiences any kind of mechanical issue.

Be sure to get in touch with Perry Insurance Agency in Vernal, UT so you can find out about all the options that are available in your area. Keep in mind that we provide insurance for over 24 states.

Am I legally required to insure my motorcycle?

Like automobiles and trucks, motorcycles require insurance to drive legally on the roads in and around Vernal, UT. In Utah, you must register your motorcycle and carry liability insurance. Perry Insurance Agency created this quick guide to help you determine if your vehicle legally requires insurance.

Utah law defines a motorcycle as a two- or three-wheeled vehicle with a 40 cc engine or larger. The insurance requirement applies to motorcycles, scooters, and trikes, but not tractors. It utilizes the term motor-driven cycle to address vehicles of less than 150 cc and five horsepower or less. It does not apply to self-propelled scooters. To legally operate a motorcycle on Utah roads, you must carry a liability policy with the following minimum per accident coverages:

  • $15,000 property damage
  • $25,000 bodily injury per person

It also must provide $65,000 in bodily injury per accident. Utah also requires each driver carry at least $3,000 in Personal Injury Protection to cover your medical injuries in a no-fault accident. Driving without insurance carries a potential penalty of a suspended license and registration and a minimum fine of $400.

Although not required by law, you may also purchase additional coverage. Insurance types available for motorcycles in Utah include:

  • Uninsured Motorist Insurance – Property Damage which covers damages to your cycle when the driver at fault carries no liability insurance.
  • Uninsured Motorist Insurance – Bodily Injury which covers medical bills for you and your passenger when the driver at fault doesn’t carry liability insurance.
  • Underinsured Motorist Insurance – Bodily Injury which covers medical bills for you and your passenger when the driver at fault doesn’t carry sufficient liability insurance.
  • Collision Coverage which covers damages from a collision with a vehicle or stationary object.
  • Comprehensive Coverage which covers losses from weather, vandalism, theft, etc.

Let Perry Insurance Agency in Vernal, UT help you determine your motorcycle insurance needs. We can help you stay legally on the road in over 24 states.

Three Boating Safety Tips from Perry Insurance Agency

Boating with your family and friends, or even by yourself, can be extremely exciting. The thrill of the open water can be intoxicating, and it can bring everyone closer together as you create memories that will last a lifetime. If you live in Vernal, UT, or somewhere close to the water, keep the following tips in mind from Perry Insurance Agency when it comes to being extra safe for the season. 

1. Have an Emergency Plan 

Things can go wrong on the water, and it helps to know how you’re going to handle it. Unlike normal, natural disasters, it’s not as simple as getting everyone out of the house or moving everyone to a basement. Think through exactly what you’ll need to do to get everyone to safety, and then have people practice the plan before they’re even allowed on the boat. (Do this several times for the best results.)

2. Take Care of Repairs 

Boat owners often aren’t happy about the amount of maintenance that comes with a boat. However, taking care of repairs right away is normally the best way to keep everyone safe, so all it takes is changing your mindset a little. Just like with a car, letting a small repair go can end up being extremely dangerous only a short time later. A tiny hole could end up expanding quickly and then eventually cause a leak later on. 

3. Consider More Insurance 

Boating insurance can not only protect you, your family, and your property, but it can cover other people’s damages and injuries as well. The key is to have the right level of coverage. If you have questions about what you need, it’s time to call Perry Insurance Agency. We serve the boat owners of Vernal, UT who just want a safe experience every time they get their boat out onto the water. You can also contact our agents to find out if you live in one of the 24 states we service throughout the United States.

How Does Umbrella Insurance Protect Your Assets?

The Perry Insurance Agency in Vernal, UT has got your back to protect you, your family, and your business with umbrella insurance.

Umbrella Insurance To The Rescue

Umbrella Insurance provides coverage after the limits of your home, auto, commercial, or any other insurance policy that has provisions for liability protection for any particular asset, are exhausted. The essential purpose of the umbrella policy is the protection of assets from unforeseen calamities which you may be found liable and have to face a major lawsuit. This can result by merely having a party at your home where you served alcohol and a guest was injured driving home causing severe property damage and extensive bodily injuries.

Costs from catastrophic accidents may be above your policy limits. Umbrella insurance covers events that would be excluded in a homeowner insurance policy such as the legal fees to defend against malicious prosecution, a false arrest and libel, slander, and defamation claims. The whole purpose of umbrella insurance is to escape financial ruin which will be avoided because an umbrella policy could extend the upper limits of your underlying liability policies up to five million dollars.

How Much Is Enough?

Pricing of the policy will be determined by one of our agents. However, the limits, as a rule of thumb are based upon:

  • The risks you may be facing 
  • Present value of your assets
  • Potential future loss of income 

At The Perry Insurance Agency in Vernal, UT, our agents are experts in advising its clients on the importance of umbrella insurance. Please contact us!


What you need to know about life insurance

Educating Yourself On Life Insurance with Perry Insurance Agency

At Perry Insurance Agency, we suggest that everyone should have a life insurance policy. Not just for financial security after you pass, but for emergency circumstances. If you have the right insurance policy, you may be able to borrow money from it to pay for certain circumstances.

With any life insurance policy, you will pay a premium over time. In exchange, a lump sum amount will be paid to a designated beneficiary upon your death. Life insurance can provide a sense of stability for your family members in knowing they will not have any financial responsibilities upon your passing. Any representative of Perry Insurance Agency in Vernal, UT can assist you with finding the right policy after discussing the details.

There are two popular types of policies: Term and Whole.

Term Insurance – Term insurance is typically the most popular policy among younger age groups. This insurance, however, is only in effect for a certain period of time. Term policies can be for 10, 20, or 30 years. Benefits will only be distributed during the time the policy is in effect.

Whole Insurance – Whole, or Universal, insurance is a permanent insurance. The policy is in effect for as long as the premium is paid. This insurance also has an investment or savings component where you can accumulate cash value over the time frame of your policy. This component allows you to borrow money for exigent circumstances.

There is no coverage limit set for life insurance, and the amount can be dependent on whether or not you have dependents. You may need a combination of policies to get the coverage needed to cover you for your lifetime. To assist you in this decision, contact Perry Insurance Agency, serving Vernal, UT and over 24 other states. Reach out to us to start a policy right away.

Do You Need Commercial Insurance if You Work From Home?

These days, more and more people are deciding to work from home. If this applies to you, you may be wondering if you need to invest in commercial insurance. Whether you have your own business at home or you simply work at home for your employer, you want to make sure you are protected. Use these tips from Perry Insurance Agency, serving Vernal, UT, to determine if you need commercial insurance in these cases. 

How do you use your vehicle?

  • If you use your vehicle for commercial purposes for half the time or more, then you may need to get an additional auto insurance policy for commercial use. Your standard policy may not cover you if you are in an accident while using your vehicle for commercial purposes in this type of case. You should check your auto policy to be sure, and if it is not covered, then you should get a commercial policy. 

Do you have equipment or inventory on the site?

  • Commercial insurance can help protect any items that are used for commercial purposes in your home but your home insurance policy or renters insurance policy may not. You will only need to insure the elements that are for commercial use only so you should take inventory of those items. This would include your electronics for business, specialized tools for the business, and even smaller things like your office supplies. If they are only used for commercial purposes, then you can cover them under a commercial insurance plan. 

If you are still unsure about whether or not you need commercial insurance or you would like to learn more about your options, be sure to call Perry Insurance Agency, serving Vernal, UT. They can even run some quotes for you to find a plan that meets your needs and your budget. In another state? Reach out to us to find out what 24 states we provide insurance products too.