Shared Policies: What to Do During Separation, When Adding Roommates, and Beyond

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It’s not uncommon for multiple people to share a house or an apartment these days, which might lead to the question, "Is it possible to share a policy with someone else, such as a roommate or a spouse?". The answer to this question is a resounding yes. However, there are things to remember if you wish to share a policy with others. If shared policies are on your mind, the team here at Ruddy Insurance Group in Niles, OH will help you better understand renters insurance and how shared policies may affect your coverage.

What to Consider With Shared Policies

  • Potential complications may arise when sharing policies, especially with roommates. This is due to issues figuring out who owns what when trying to file a claim, a lack of coverage you may receive if your roommate gets angry and intentionally damages something, and problems when someone decides to leave the property. Consider sharing a policy before you fully commit to it.
  • Sharing a policy with a spouse makes sense when you both own the same things and live together in one place. If you haven’t already, now might be the time to talk about it if you both have policies and recently moved in together.
  • If someone on a policy leaves due to separation or moving out, you will need to contact your provider and change your policy. This isn’t complex, but it can be undesirable.

Find a Renters Insurance Policy With Ruddy Insurance Group

Whether you’re looking for a shared policy or you want to have your own renters insurance, we’re here to help. Start here with Ruddy Insurance Group in Niles, OH. Contact us if you need help or compare renters insurance quotes with us to find the right policy for your needs today.

What should classic car owners know about insurance at car shows and other public events?

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Most people consider owning a classic car more than a hobby. Instead, it’s their passion, and they want to show it off. Many people who invest significant time or money into maintaining and improving their vintage vehicles want to show them off.

For some classic car enthusiasts, finding car shows and public events to show off is the pinnacle of their passion. They may not realize it at the time, but they need to ensure that they have the right classic car insurance to protect their investment.

Agreed value insurance

A standard car insurance policy isn’t sufficient for a classic vehicle. Standard policies account for the depreciation of the vehicle at a pre-set rate. These policies don’t consider classic cars’ unique value structure.

People who own classic cars need to have an agreed-value insurance policy. This policy takes into account the vehicle’s appraised value, which is likely considerably higher than the current market rate.

Explore additional coverage

Classic car insurance will likely provide coverage while the vehicle is parked at the registered address or while it’s being transported. However, it won’t cover damage or vandalism that occurs during a public event. The vehicle would need a policy rider or additional coverage for accidental damage, fire, or vandalism.

Another option for some is having event liability insurance. This goes beyond protecting the vehicle. It protects against financial ruin if someone is injured because of the vehicle or near the classic car.

Obtain optimal coverage today.

Ruddy Insurance Group proudly serves residents of Niles OH, who need to obtain insurance on their vehicles, including classic cars. Give us a call today to learn more about your coverage options.

How Do I File A Renters Insurance Claim?

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Renters insurance provides protection for you and your personal belongings while you’re renting a property. Regardless of whether someone gets injured on your premises and files a lawsuit or the property you’re renting faces damage due to a fire, renters insurance has you covered. If you ever need to file a claim, the expert team at Ruddy Insurance Group in Niles, OH, recommends the following tips.

Document the Damage and Loss

Take clear photographs or videos of the damage and losses. Compile a detailed inventory of everything that was damaged or stolen, along with their estimated value. This information will substantiate your claim and streamline the process.

Contact Your Insurance Provider

Once you have all your documentation in order, contact your insurance provider. If Ruddy Insurance Group covers you, you can call us or visit our website to initiate the claim process. We’ll guide you through every step.

Submit Your Claim

Before submitting your claim, confirm with your agent about special services, such as accommodation costs, that may be available while your claim is being processed.

Follow Up with Your Agent

Please contact our insurance agency to stay updated on your claim’s status. Ruddy Insurance Group, operating in Ohio and PA, is always at hand to help you understand the progress of your claim.

Contact Ruddy Insurance Group Serving Niles Today

Appropriate insurance can make a world of difference when unforeseen circumstances surface. If you desire peace of mind and trustworthy renters insurance, don’t hesitate to contact the professional team at Ruddy Insurance Group serving Niles, OH, today.

RV Insurance vs. Auto Insurance: What’s the Difference?

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If you’re contemplating purchasing a recreational vehicle (RV), it’s crucial to understand how RV insurance contrasts with auto insurance. Recreational vehicles, used for travel, camping, and, in some instances, full-time living, necessitate a different type of coverage when compared to conventional vehicles. Ruddy Insurance Group, serving Niles, OH, and the surrounding regions, is equipped to assist you in choosing RV coverage that aligns with your distinct requirements and lifestyle. Let’s examine what RV insurance covers and how it departs from regular auto insurance.

Differences Between RV and Auto Insurance

RV insurance is expressly crafted to protect recreational vehicles, which range from compact campers to large Class A motorhomes. This coverage is designed to address the specific needs of RV owners, irrespective of whether you’re an occasional camper or a full-time resident.

Auto insurance, on the other hand, provides coverage for standard vehicles like cars, SUVs, and trucks used for everyday travel. These policies typically offer protection against theft, accidents, and other common incidents inherent in owning or operating a vehicle.

A key distinction between RV and auto insurance is that RV insurance effectively merges home and auto coverage. Most RV insurance policies offer coverage for unique situations, such as damage to personal belongings or costs for emergency accommodations in the event of RV damage.

Liability coverage also differs between RV and auto insurance. Given recreational vehicles’ larger size, they pose a higher risk of damage if involved in an accident. Consequently, securing comprehensive liability coverage for your RV provides you with essential financial protection in the event of a covered accident.

Choosing the Right RV Policy in Niles, OH

Contact the insurance experts at Ruddy Insurance Group to make sure you’re adequately protected on all your journeys.

How Do You File a Motorcycle Insurance Claim in Niles, Ohio?

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Involvement in a motorcycle accident or collision necessitates a properly filed insurance claim to help cover losses, damages, and the required compensation needed for a full recovery if you are injured or seriously hurt. For those living in the Niles, OH area, understanding how to file a motorcycle insurance claim correctly can make the process smoother while affording you maximum protection.

Document Evidence and Insurance Information

If you happen to be involved in a motorcycle accident, your first step should be to collect the insurance information and personal identification details from the other parties involved in the incident. Gathering photographic, video, and eyewitness evidence can aid in expediting the claim filing process. Depending on the nature of the accident, an official police report may need to be filed.

Speak With Your Insurance Agency

Once you’ve done that, contact your insurance agency immediately to inform them about the collision or incident involving your motorcycle. Provide detailed information and submit evidence quickly to ensure your claim is accurately filed. You may also need to share specifics regarding the location, timing, and a comprehensive description of the incident.

Schedule a Damage Inspection

Damage inspections and assessments by your insurance company help determine the sum you may require for repairs or replacements. A claims adjuster might also become involved to help identify liability specifics of the incident, thus easing the claim filing process.

If you’re a resident of Niles, OH, in need of assistance filing an insurance claim or procuring the right motorcycle insurance, look no further than Ruddy Insurance Group. To explore more about your motorcycle insurance options in Niles, OH, connect with one of our accomplished agents today.

Does Boat Insurance Cover Hitting a Rock?

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Several boating accidents in the Niles, OH region occur as a result of hitting underwater rocks. These obstacles can be quite hard to spot. Therefore, collisions may still occur even with careful navigation. The impact of a rock can cause significant damage. However, the upside is that such an accident could be covered if you possess the appropriate insurance.

When Is It Covered?

An insurance policy covering property on a boat typically provides coverage against accidents that involve rocks. If the collision results in relatively minor damage, your ability to file a claim could depend on your deductible. Depending on the extent of the damage, your insurance might cover the cost of repairs or even replacement of your boat. Taking photos and thoroughly documenting the accident for potential claims is advisable.

What’s Not Covered?

Damage incurred from hitting a rock will not be covered if you only have liability insurance. This form of coverage typically takes care of damages caused to other people’s property, like a boat or dock. It can also provide protection against a lawsuit in case you unintentionally injure someone, like a swimmer or another boater, while boating.

Is Towing Covered?

If your boat suffers significant damage due to a collision with a large rock, it might need to be towed on the water to a marina or a repair shop. The coverage for this service is dependent on your specific insurance carrier and policy provisions. Some policies include towing, while others offer it as an optional extra.

Ruddy Insurance Group offers reliable boat insurance in the Niles, OH region. Our cordial staff is always ready to assist with your queries and help you choose a policy that includes coverage for rock accidents. As an independent agency, we provide varied coverage options from various carriers. For more information or to get a quote today, please call 330-652-0202 to get in touch with the Ruddy Insurance Group.

Drive Safe, Drive Insured: Navigating Auto Insurance Options in Niles, OH

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Accidents can happen unexpectedly, and when they do, the financial fallout can be devastating for people who drive without adequate auto insurance. Having minimum state liability insurance is mandatory for all drivers on Ohio roads. 

Looking for ways to drive safer in Ohio? Ruddy Insurance Group in Niles, OH understands local area drivers’ unique needs and concerns.

We put together this guide to help you navigate your insurance options and get adequate coverage to safeguard your four-wheeled investments. 

Navigating Auto Insurance Options in Niles, OH

Liability-Only

Liability insurance policies meet state minimum requirements and offer basic financial protections for at-fault drivers in an accident. A liability insurance policy will not cover the cost of damage to your automobile or help you replace it in the event of a total loss. 

Local residents who choose not to extend their coverage limits may find themselves in a precarious situation. Without an auto insurance policy that includes comprehensive coverage and collision coverage, they could face significant financial strain in the aftermath of an automobile accident. 

Comprehensive and Collision

Savvy local drivers understand that investing in comprehensive auto insurance is the best way to protect their automobiles, themselves, and their passengers from collision and non-collision-related events that can lead to personal injuries, property damages, legal claims, and the total loss of their vehicles. 

Contact Ruddy Insurance Group in Niles, OH

Don’t wait until it’s too late to boost your auto protections. Talk to a knowledgeable local insurance agent near you to learn about your best options for coverage and get an automobile quote based on your individual driving history. 

Contact a licensed and friendly insurance agent at Ruddy Insurance Group in Niles, Ohio, to start an upgraded policy today! 

How Whole Life Insurance Works

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Life insurance is critical to any financial plan, providing security and peace of mind for you and your loved ones. Two main types of life insurance dominate the market: term life insurance and whole life insurance. Here, let’s explore whole life insurance in detail and discuss how it can be beneficial for you. At Ruddy Insurance Group in Niles, OH, we’re dedicated to helping you find the right insurance coverage that fits your unique needs.

Whole Life Insurance: Lifelong Protection for Your Loved Ones

As the name suggests, the selling point of whole life insurance is its lifetime coverage. Unlike term life policies that come with an expiration date, whole life insurance remains valid as long as you continue paying the premiums. This permanence of protection offers a sense of calm and reassurance, knowing that regardless of how old you get, your policy will be there to cover you.

Benefitting From Your Policy: The Cash Value Advantage

Whole life insurance comes with an additional feature not typically seen in term life policies – the ability to accumulate cash value over time. This accumulated cash value is a money reserve you can borrow against in a financial crisis. Having access to this emergency fund is a perk that many policyholders appreciate. The specific cash value that becomes available can depend on various factors but generally increases over time with the policy.

Are You Ready For Whole Life Coverage?

If whole life insurance seems the perfect fit for your insurance needs, do not hesitate to reach out. Contact us at Ruddy Insurance Group in Niles, OH for more information. We are here to aid you in securing a policy that genuinely provides for your loved ones’ future.

Protecting More than Your Home

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When it comes to home insurance, it is often about more than protecting your home, which is also why homeowners from in and around Niles, OH, turn to the trusted and professional team at the Ruddy Insurance Group for all their home insurance needs. For your home, regardless of what that looks like, home insurance is the first line of defense for protecting what you care about.

Home rarely looks the same for any two people. For some homeowners, the home looks like that sprawling five-bedroom, two-bath attached garage Victorian-style house with an in-ground swimming pool in the backyard. While others call home that cute little two-bedroom, one-bath house on the corner lot, complete with a white picket fence. For every homeowner, however, more often than not, home is where the heart is.

Home Insurance is About More Than Protecting Your Home

For some people, their home is their greatest investment, and it offers them the pride of being a homeowner. For others, their home has been in their family for generations, and it is the same home that their parents and their parents parents were raised in. Home insurance protects these types of bonds, connections, and meanings because, for so many of us, home is less about what that house we call home looks like but what it means to us that matters most.

Yes, home insurance can alleviate the expense of roof repairs when that Great Lakes storm-maker takes a bite out of your roof. Yes, home insurance can help with fire and flood damage and much more, but it isn’t what home insurance does; what it protects makes a difference.

If you live in or around Niles, OH, and have questions about home insurance, we can help. Contact us to learn more about home insurance solutions and protect the place you call home today with the professional and caring agents at the Ruddy Insurance Group.

Examine The Insurance Coverage You Need For Your Snowmobile

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Securing Your Snowmobile with Proper Insurance Coverage

If you’re preparing to make use of your snowmobile this winter, don’t overlook the importance of adequate insurance coverage. The guidelines detailed here can help. For comprehensive assistance regarding your insurance policy, contact a representative at Ruddy Insurance Group in Niles, OH.

Understanding Recreational Insurance

Your snowmobile requires coverage under a recreational insurance policy. This policy type offers protection for different types of recreational equipment, including snowmobiles, all-terrain vehicles, and RVs.

Protecting Against Financial Loss

A recreational insurance policy safeguards against financial losses, providing compensation in case your snowmobile is stolen or damaged. Determining the necessary coverage amount is crucial. This information is vital when acquiring an insurance policy if you store your snowmobile in a covered structure like a storage shed.

Covering Liability Expenses

Recreational insurance provides coverage for liability in the event of an accident. This policy covers damage to another person’s property if you are at fault. Furthermore, should an injury occur to a third party in an accident where you are to blame, your insurance coverage takes responsibility for the medical expenses. Your level of use and the areas where you operate your snowmobile are factors that influence the amount of liability protection you need.

Contacting Ruddy Insurance Group

If you need assistance selecting the right insurance products for your snowmobile, contact an agent at Ruddy Insurance Group. Agents serving Niles, OH are ready to help you tailor an insurance plan that adequately covers your needs.