Is Auto Insurance Required in Pennsylvania?

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The auto insurance agents at the RH Worthington Group in Milford, PA want all Pennsylvania drivers to understand that they must have at least an auto liability insurance policy in place to be able to legally drive any motor vehicle on public roads, streets, and highways in the state. This type of insurance coverage will cover any injuries or property damage that you can cause if you are involved in an accident, but what are the other auto insurance coverage options you can choose to have on your policy?

Other Types of Auto Insurance

In addition to auto liability insurance, there are several other coverage options that you can choose from to create an auto insurance policy that works best for you and your situation.

Underinsured and Uninsured Motorist Coverage

Uninsured or underinsured motorist coverage can help you if you or are the victim of an accident caused by a driver who does not have any insurance to cover damage to your vehicle or injuries to you or your passengers. This type of coverage will also help pay your medical bills and repair bills if the person doesn’t have an adequate amount of auto insurance.

Comprehensive and Collision Insurance

Comprehensive insurance will protect your vehicle if it is damaged by a natural disaster or some other type of incident, such as vandalism or even a fire. It can also help you replace your vehicle if someone steals your SUV, car, or truck.

Collision insurance coverage will come in handy if you collide with another vehicle or even a stationary object. For example, if you sideswipe a parked car or you back into a pole, this type of coverage will help repair your vehicle in any damage you did to the other object.

Both collision and comprehensive auto insurance may be required by your lender if you borrowed the money you needed to purchase your vehicle.

Give Us A Call

To create the best type of auto insurance policy for you that will provide you with the adequate amount of coverage that you need, contact the knowledgeable and experienced agents at the RH Worthington Group in Milford, PA today!

What Should I Look For In A Home Insurance Policy?

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You should be able to choose between three different alternatives when purchasing an insurance policy: the actual cash value, the replacement cost, and the assured or extended replacement cost. 

If you choose the option labeled "real cash value," you will be compensated for the amount of money according to the actual market worth of your home and belongings. For the right home insurance policy, check with RH Worthington Group in Milford, PA. 

Home Insurance Policy: What You Need To Know

If you choose the "replacement cost" option, you will be reimbursed for the amount it would cost to restore everything with brand new versions. If you have coverage with a greater deductible, your monthly payments (premiums) will be lower, whereas if you have a policy with a lower deductible, your monthly payments will be higher. 

Check out how many of their previous clients continue to use their services before deciding which company to partner with. Since referrals from friends and relatives are typically right, consider inquiring about the insurance firms that they would recommend to you via word-of-mouth. 

Regarding the potential for loss, house insurance firms assign considerable weight to the homeowner’s history of filing claims against their own policy, as well as claims pertaining to the insured property and the homeowner’s credit. When determining rates, a significant amount of weight is given to the number of claims made and their seriousness. This is especially true when there are several claims connected to the same issue, such as water leaks, wind storms, etc. 

Give Us A Call

If you decide to go with a plan that has a high deductible, you should ensure that you have enough funds to meet that deductible in case of a worst-case scenario. You should check on your finances before making a decision. For expert insurance advice, reach out to RH Worthington Group in Milford, PA.

5 Mistakes People Make When Buying Umbrella Insurance

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Most people know they need insurance to protect their homes, cars, and health. But too few realize the importance of umbrella insurance. Umbrella insurance provides an extra layer of protection against major liability claims and lawsuits, which can easily drain your savings and assets. If you’re considering buying umbrella insurance, RH Worthington Group in Milford, PA offers this guide on five mistakes to avoid.

Umbrella Insurance: What You Need To Know

1. Not Understanding What Umbrella Insurance Covers

Umbrella insurance is designed to protect against major liability claims and lawsuits. It typically covers expenses related to bodily injury, property damage, and certain personal liability situations. But umbrella insurance doesn’t cover everything – be sure to read the fine print to know what’s included and what’s not.

2. Buying the Wrong Amount of Coverage

Many people underestimate the amount of umbrella insurance they need. A good rule of thumb is to buy coverage that’s equal to at least 1-2 times your net worth. This will ensure you have adequate protection in case of a major liability claim or lawsuit.

3. Not Reading the Fine Print

When buying umbrella insurance, it’s important to read the policy carefully to know what’s covered and what’s not. Otherwise, you could be left with unexpected out-of-pocket expenses if you have to make a claim.

4. Lying or Omitting Important Information

When applying for umbrella insurance, it’s important, to be honest about your assets and income. If you lie or omit important information, your policy could be void if you have to make a claim.

5. Going With the First Policy You Find

It’s important to shop around and compare policies before buying umbrella insurance. Not all policies are created equal, so be sure to find one that meets your needs and budget.

Get Umbrella Insurance in Milford, PA

Umbrella insurance is vital for financial protection, but only if you avoid these five mistakes. RH Worthington Group can help you find the right umbrella insurance policy for your needs. Contact us today for a free quote.

Do I need Comprehensive Auto Insurance With a Car Loan in Milford PA?

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A car loan is a responsibility that comes with certain expectations. You are expected to make your payments on time every month and keep the car in good condition. Also, if your vehicle is totaled or stolen, your lender will still expect you to continue making payments on the loan. This is where comprehensive auto insurance comes into play.

What is Comprehensive Auto Insurance?

Comprehensive auto insurance covers the gap between what you owe on your car loan and the actual cash value of your car. So, if your vehicle is totaled or stolen, your insurance will pay off the remaining balance of your loan. However, this is minus your deductible, which is the amount you have to pay out-of-pocket before your insurance pays.

Do I need Comprehensive Auto Insurance?

If you still owe money on your car loan, then the answer is yes – you need a comprehensive policy. Your lender will require you to have this type of insurance to protect its investment. The same goes for a vehicle lease. Your RH Worthington Group representative can help you understand your options and find a policy that meets your needs and budget.

How much Comprehensive Auto Insurance do I need?

The amount of comprehensive auto insurance you need is the amount necessary to pay off your car loan if your car is totaled or stolen. This way, you can rest assured that your lender will be taken care of, and you won’t have to continue making payments on a car that no longer exists.

Looking for Quotes in Milford, PA?

If you’re looking for comprehensive auto insurance in Milford, PA, look no further than RH Worthington Group. We’ll work with you to find a policy that meets your needs and budget.

What is a business owner’s policy (BOP)?

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The most common type of commercial insurance, the BOP, provides the four most common types of commercial insurance for a single reduced price. This is the policy that most businesses start with since it provides the foundational insurance they need, and each business can add to the BOP as needed.

If you just opened a Milford, PA business, RH Worthington Group can help you insure it. We recommend starting with a BOP and adding to it. That’s because you’ll save money by beginning with the BOP and that saving carries over when you add other policies to the package. Whether you need glass or boiler insurance or an umbrella policy after having maxed out your potential coverage for business liability, you can add it to the BOP. You’ll also benefit from any package discounts provided by our company.

Regardless of the underwriter used, a BOP always costs less than buying the four policies separately. For some businesses, such as a home-based independent contractor, a BOP may be the only insurance needed. This makes it easy for you when you open a new business. It also means you do not need to change your foundational policy when you add new services or products to your business. You can just add to the existing BOP. You might not think about expansion when you’re planning to open your business for the first time, but we believe in you! You can reach the point of expanding your business and we can help.

Let us help you get started with a BOP and help you determine if you need other policies. Contact RH Worthington Group serving Milford, PA for more information.

3 Reasons To Look Over Home Insurance Policies Carefully

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RH Worthington Group is an independent agency. We are committed to helping Milford, PA residents obtain the coverage they need to protect their assets. We offer our clients custom policies so that they can obtain coverage that fits their individual needs. We hope to establish a long-lasting relationship with you.

Reasons To Look Over your Home Insurance Policy

Your Milford, PA residence is a significant investment. You’ve likely worked hard to obtain such a valuable asset. Home insurance covers your property against potential damages. You are covered if your home suffers interior damage such as the walls or flooring. You are also covered if your home suffers damage to the exterior structure such as your roof. Most home insurance policies also cover any damage to detached structures such as a shed or garage. All of your prized possessions inside the home are covered if they are stolen or vandalized. Consider taking inventory, as that will make things easier if your personal items suffer damage. Liability coverage protects you if someone is injured on your property. You are also covered if you accidentally damage your neighbor’s property. Be sure to look over your policy carefully to avoid potential issues.

Alternative Living Coverage

Alternative living coverage helps you find a temporary place to stay while your home is repaired. This coverage gives you peace of mind in the event that your home suffers serious damage.

Flood Damage

Your home insurance policy likely does not cover flood damage. Flood damage occurs when heavy rainfall or severe weather moves into the area and damages an entire section of a community. Flood damage differs from water damage, which may be drainage issues.

Luxury Items

If you have any fur or other luxury items at your property, be sure to amend your policy. That’s the only way to fully cover those items if they are damaged.  

RH Worthington Group Will Help You Protect Your Assets

Contact our office to learn more information about home insurance.

Why Pennsylvania Business Owners Need Umbrella Insurance

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RH Worthington Group is an independent agency. We serve the Milford, PA community. We offer flexible policies so that our clients are protected in every situation. We strive to simplify the process of searching for insurance so that our clients can live more comfortable lives. Accidents can occur at any moment. That’s why having strong insurance coverage is so important. We look forward to helping you find the coverage you need.

Why Pennsylvania Business Owners Need Umbrella Insurance

Milford, PA is home to several emerging businesses. If you are a business owner in the area, you are constantly looking for ways to continue thriving. Operating a business comes with a lot of risks, as you could face legal action based on one minor mistake. Umbrella insurance adds another layer of protection as you deal with risk exposure. Umbrella insurance is a form of supplemental coverage that takes over if you have reached your liability limits while handling a dispute. If a customer walks into your business and accidentally falls down, breaking their hip, your business could be at risk of serious litigation.

Umbrella insurance adds another layer of protection to help cover the injured party’s medical treatment and prevent you from having to cover the damages out of pocket. Umbrella insurance also protects you if one of your employees suffers a serious injury in the workplace. Your entire business could be at risk if you don’t have enough liability coverage. Having a strong liability policy can help enhance your business because it shows that you are professional. However, there are some situations where even a strong liability policy isn’t enough. That’s where umbrella insurance steps in. To make sure that your business isn’t at risk.

RH Worthington Group Will Help You Protect Your Investment

Visit our website to learn more information about umbrella insurance.

5 Optional add-ons to a Milford, PA auto insurance policy

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Auto insurance is required by law. But that doesn’t mean you don’t have options.

Even though Pennsylvania has specific requirements for liability and personal injury protection, minimum coverage alone is rarely sufficient. Inadequate auto insurance can leave you exposed to unnecessary risks.

Fortunately, RH Worthington Group can help. Located in Milford, PA, their agents can make sure you’re properly insured. While this isn’t the full list of available options, the agency shares these five auto insurance add-ons.

Tort options

In Pennsylvania, a policyholder’s ability to sue another motorist is directly linked to the selected tort option. As the name implies, a limited tort option restricts rights to only extreme circumstances. In contrast, full tort grants the opportunity to sue for pain and suffering after any accident.

Extraordinary Medical Benefits

By law, drivers must carry $5,000 in first-party personal injury protection. This option exceeds that, paying for medical-related expenses between $100,000 and $1 million.

Uninsured or underinsured motorist coverage

If you are involved in an accident with another driver who lacks proper auto insurance, this protection kicks in. It applies to bodily injuries suffered when struck by another motorist who is found to be at fault.

Collision

If you are involved in an accident with another driver or object, collision benefits can pay for repair costs. Although this isn’t mandatory, collision insurance may be required by some lenders in order to receive a car loan.

Comprehensive

Any other non-collision damage would be rolled into comprehensive coverage. This includes theft, vandalism, incidents involving animals, and any weather-related damage. When combined with collision insurance, this package is commonly referred to as "full coverage."

Contact an agent serving Milford, PA

RH Worthington Group can ensure you’re legal. But, more importantly, the agency can ensure you are adequately protected. Set up an appointment today.

Is home insurance needed in Milford?

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Those that are in Milford, PA will be able to choose from different housing choices. One great option is to purchase their own home, which will offer you a great long-term investment and a stable place to call home. When you are going to buy a home, you also need to get home insurance. This is needed for several reasons. 

Coverage is Needed to Comply with Lender Requirements

One of the reasons that home insurance will be needed is because it is a requirement set by mortgage lenders. When a mortgage lender provides you with a loan, they will want to know that their collateral for the loan is covered. A great way that this is done is by requiring all property owners to obtain a home insurance plan. In some cases, the lender may require that you have these payments escrowed on a monthly basis. 

Coverage Protects Your Home and Assets

Even if you are not required by a mortgage lender to carry home insurance, you should still consider it a necessity. Your home is a very important asset and one that you will want to have protected for a long time. If you get a proper home insurance plan, you are going to have the support you need to repair or rebuild it if you incur a loss or major damage. The plan also will give coverage support for your personal assets and give some personal liability protection.

There are a lot of great reasons to consider home insurance a necessity in the Milford, PA area. If you are looking for a plan here, the RH Worthington Group is a great team to speak with. RH Worthington Group can offer you any support that you need to evaluate your options and build an ideal plan. 

Is umbrella insurance an asset?

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The litigious society we thrive in today requires a formidable contingency plan because an exorbitant lawsuit could wipe out your financial assets, relegating you to bankruptcy. Have you ever imagined what could transpire if an unforeseen event strikes in Milford PA and you have exhausted the coverage confines of other present policies? Umbrella insurance is a supplementary policy that safeguards the underlying limit of your other insurance coverages like auto and home insurance, get depleted. Umbrella insurance can guard you against property damage, injuries, and certain exorbitant lawsuits. Connect with us at RH Worthington Group, serving the regions of Milford, PA and the surrounding community. Our charismatic agents will help you understand the various umbrella insurance options available and select the one that suits your needs and budget. Keep reading to ascertain why an umbrella is a worthwhile asset.

As a Milford, PA resident, it is a wise decision to procure salient umbrella insurance because it harbors versatile benefits, including:

Protection of assets

As much as we try to avert accidents, they are bound to transpire. If you propagate a massive auto accident involving chief property damage or triggering extensive injuries to third parties, your hard-earned assets may be in jeopardy. The cost of property damage and physical injuries to other people or prevailing lawsuits may supersede the limits of your auto insurance. Luckily, umbrella insurance from RH Worthington Group comes in and salvages these scenarios, safeguarding your assets and averting financial crisis.

Liability protection

Buying bodily liability and property damage coverage helps you settle for costs emanating from physical injuries and property damage you may propagate to third parties, and you are legally responsible. For example, if your pet inflicts bites on others or a guest slips and falls while visiting you, this coverage pays for them. Additionally, it safeguards you if you are engaged in a severe accident and pays for medical bills or liability claims.

Provides flexible coverage options

Unlike other policies, umbrella insurance permits you to scale down your needs depending on your primary insurance options. If your underlying policy doesn’t cater to instances like slander, libel, and false arrests, prolific umbrella insurance will take care of them. Therefore, it allows you to bundle extra liability coverage under one policy, not for the policyholder alone, but also for your family members. 

Your insurance should cushion you in all dimensions of your life without leaving any gaps that could expose you when an unexpected eventuality occurs. Please don’t hesitate to contact us at RH Worthington Group to get detailed information about umbrella insurance.