Will Home Insurance Cover Mold?

Mold is not only sneaky, it’s also one of the more expensive home repairs that a homeowner can possibly come up against. Finding a small patch of it may lead to a much bigger patch living somewhere just out of sight, and it can cost thousands of dollars to remove. But when a homeowner gives their insurance company a call to take care of all those costs, they might be surprised at the answer they get. See what you can expect from your insurance company if you happen to find mold in your home in Annapolis, MD. 

Short Answer 

Most of the time, home insurance will not cover any damage to the home caused by mold. There are certain policies in Annapolis MD where mold will be covered if the mold was determined to be brought about by a specific event that was covered in the policy. However, general water damage from poor ventilation or general structural decay is unlikely to be covered. (Homeowners are highly encouraged to have their home inspected for potential problems that may lead to mold. This general precaution can save countless dollars and future headaches.)

Long Answer 

Mold is usually covered if it’s a direct result of a fire, criminal activity (theft or vandalism), a falling object or a frozen pipe. It may even be covered in the event of a malfunctioning appliance. The best way to find out more about how to protect your home from mold may be to call an insurance agent after you call a home inspector. Ramsey Insurance can give you the tips and the policy you need to virtually ensure that your home will never suffer from mold damage. Calling Ramsey Insurance today an give you the resource you need to get the answers you trust. 

What Is A Motorcycle Endorsement?

While each state has different laws when it comes to universal or partial helmet laws, all states require motorcyclists to have an endorsement on their driver’s license. An endorsement indicates that the rider has met the requirements of the state to ride safely on public roadways. The agents of Ramsey Insurance can help residents in Annapolis, MD get the information they need to apply for the motorcycle endorsement.

Getting A Motorcycle Endorsement

In order to get a motorcycle endorsement, you must go to the MVA (Motor Vehicle Administration) and apply for a motorcycle license. If you are under the age of 18, this includes taking a written test and passing a skills test that involves an obstacle course and general handling maneuvers. Individuals over the age of 18 are not required to obtain a permit, but are encouraged to take a motorcycle safe driving course to ensure they understand how to operate their motorcycle in all types of situations. 

Why Is A Motorcycle Endorsement Required?

A motorcycle endorsement is a designation that is placed on your Maryland driver’s license that states you have completed the requirements to ride a motorcycle on public roads. The endorsement will indicate whether you have a learner’s permit or have met the necessary requirements to ride without any restrictions.

At Ramsey Insurance, agents encourage their customers to take the motorcycle safety course to ensure they understand the rules of the road, in addition to having proper knowledge about how their motorcycle works. If you live in the Annapolis, MD area and are interested in learning more about how to get your endorsement, schedule an appointment today to find out how adding a motorcycle will affect your policy and how to stay safe on the roadways while riding.

Will My Insurance Cover Me If I’m Not Wearing A Helmet In A State With No Helmet Law?

Only 3 states out of 50 have no helmet law in place. The other 47 either have a universal helmet that requires everyone to wear a DOT approved motorcycle helmet or a partial law that requires individuals of a certain age to wear them. The agents of Ramsey Insurance can explain Maryland’s universal helmet law to you if you have any questions. Residents in the Annapolis, MD area who travel out of state on their motorcycles should make sure they have the appropriate coverage before they leave.

Not All State Laws Are the Same

There are two types of helmet laws. Universal helmet laws require everyone, no matter what their age or their level of expertise to wear a helmet while on the road. This includes both operators and their passengers. A partial helmet law means that riders under the age of 18 and those who are still riding on a permit must wear a helmet, while individuals over the age of 18 with a full endorsement can make the choice for themselves.

Wearing A DOT Approved Helmet Saves Lives

It’s been proven for many years that DOT approved helmets save lives. They can reduce the risk of dying in a motorcycle crash by almost 37%. No matter how good of a rider you are you can’t control how others drive. While your insurance may cover your injuries if you are involved in an accident, they won’t cover the cost of a funeral.

If you live in Annapolis, MD or any of the surrounding communities, contact the agents of Ramsey Insurance to find out how the helmet laws in Maryland affect you. They will answer your questions and make sure you have the best policy to fit your needs.

Why Do I Need RV Insurance?

If you are looking to tour the country, one great option would be to buy an RV.  If you are looking to buy an RV, you also need to make sure it is properly insured.  For those that are in the Annapolis, MD area, there are several reasons why you should have RV insurance.  

Stay in Compliance With Law

One of the main reasons why you should have RV insurance is because you will need it to stay in compliance with the law.  Similar to any other type of vehicle that you drive, the state of Maryland will require you to carry liability insurance on an RV.  In Maryland, you will need to have a minimum property damage liability coverage of at least $15,000 and minimum bodily injury liability coverage of $30,000 per person and $60,000 per incident.  Both of these types of coverage will provide financial support for the other parties in the event you are found to be liable for an accident.

Protect your Asset

While the state will only require that you carry liability insurance, it may also be a good idea to protect your assets. Since an RV is such a big investment, you will want to have it protected from theft, damage, and vandalism.  In order to have this type of coverage, you will also need to have a collision and comprehensive insurance policy in place. Furthermore, if you have a loan on your RV, your auto lender will likely require that you have these types of coverage in place until your loan is fully paid off.  

If you are in the Annapolis, MD area and are in need of RV Insurance, you should reach out to Ramsey Insurance. Ramsey Insurance will be able to help you to better understand your insurance needs and make sure you get the right policy.  

Annapolis MD, Ramsey Insurance Update on Motorcycle Insurance

Summer is perfect for motorcycle rides after a harsh winter. The number of motorcycles has been on the rise. The need for motorcycle insurance also increases. It is during summer that the numbers of motorcycle accidents are high. What are some of the trends in motorcycle protection? Annapolis, MD, Ramsey insurance agents offered the following info.

Update on the Basics
Motorcycle insurance is a requirement in the United States. The laws governing various states may differ locally, but riders need to get a policy to cover their bike. An insurance cover not only protects you from incurring substantial financial costs in case of an accident but also ensures your bike is safe.

Motorcycle insurance is a requirement in Maryland. If you don’t have it, your ride will be termed illegal, and hefty penalties await you. If you own a motorcycle owner, you need to prove that you have financial responsibility in case of an accident. This can be done by providing liability insurance.

The liability insurance required by law includes bodily injury, property damage, and uninsured motorist. The state also needs one to have personal injury protection. This is important for covering medical expenses of any passenger that you may have.

When registering your motorcycle, you need to show proof of insurance to the Motor Vehicle Administration.

Loss Due to Theft
It is indisputable that motorcycles are easy to steal. If you have an expensive bike, thieves can quickly load it into a truck before driving away. 

Insurance Discounts
Maryland is a great place for motorcycle riders. There are a few things you can do to get discounts on insurance. Students can take advantage of student discounts. Are you a safe driver? You could benefit as well.

Most Common Claims
Motorcycles and vehicles share the road with other automobiles. Single vehicle accidents remain to account for most of the claims. 
It is paramount no to break the bank to get motorcycle insurance, contact Annapolis, MD, Ramsey Insurance agents.


How Does Umbrella Insurance Protect My Home and Car?

Your home and vehicle are important assets that you protect with appropriate amounts of insurance coverage. The team at Ramsey Insurance, serves the Annapolis, MD area so they understand the needs that you have. They will take the time to get to know you so that they can recommend policies that best serve you and your family, including an umbrella policy. The additional liability coverage of an umbrella policy may seem unnecessary until you understand the coverage it can provide. The agents are ready to answer any questions you may have.

Umbrella policies provide additional liability coverage above the policies you already have in place. If you are shown to be responsible for an accident that caused injury to another person or their property, you will be held accountable for the associated costs. Should the injured party sue, you would be liable not only for the medical expenses and mental anguish but also the legal fees. With costs mounting, you may find that your policy has a cap of $350,000. Should the total cost rise above that amount, your personal assets, such as savings accounts, will be used to cover the difference. With an umbrella policy, when expenses reach the policy cap, the umbrella policy provides additional funds, in some cases up to $1 million, to cover the additional amount. Having this type of coverage in place provides much needed assistance when an accident occurs.

The Ramsey Insurance agents are ready to talk with you about your insurance needs. They will take the time to answer any questions about umbrella insurance and the coverage it provides. For residents in the Annapolis, MD area, protecting their assets from a variety of risks is vital. Call and get started today!

What Is Flood Insurance and What Does It Cover?

Flood insurance can be defined by as the insurance coverage against property damage caused by flooding. A flood denotes the covering of normally dry land by water that has escaped from a lake, river, creek, dam, canal or reservoir regardless of whether it has been altered.

Flood insurance covers for your home structure and its contents. It, however, excludes the land that your home sits on. The distinction is made because there are limits that define each. Structures of your home include the foundation, carpeting on the floor, electrical, plumbing, refrigerators, cooking stoves and appliances, water heaters, and even the central air systems. The contents covered include your furniture, electronics, clothing, dishwashers, microwaves, clothing washers, and dryers.

Ramsey Insurance, which is based in Annapolis, MD, advises clients to closely go through the list of contents that their policy protects. You may have valuable belongings such as art and fur coats that may go way beyond the limit of the categories and may not be properly reimbursed.

Most Flood Insurance Policies exclude some things from their policies. For instance, policies do not cover for precious metals and any valuable paperwork. Additionally, the part of your home that is on the first floor gets limited insurance. The basement, for instance, gets structure insurance for only its foundation, drywall, staircases, electrical outlets, and switches. The property that is stored in these structures is also not covered.

A homeowner needs flood insurance regardless of whether they consider the Annapolis, MD area they are living in is susceptible to flooding or not. If you are not sure of the risk under which your home is exposed to, Ramsey Insurance provides a risk map to make the process easier to understand. The company also gives advice regarding the necessary policy that you need to have, if any other is required, besides the standard one that you have.


Life Insurance Tips for Newlyweds

Newly married couples have a lot to think about when it comes to their future. You’ll have to get insurance for your house, car, and health. You will also need to purchase some for your life. Build your lives on a solid foundation with life insurance. At Ramsey Insurance, you can get set up with the insurance programs you’ll need in Annapolis, MD.

Reasons Newlyweds Need Life Insurance

  1. Income Replacement. Usually, when you get married, you combine your income. You purchase or rent a larger home and possibly even a more expensive vehicle. Life insurance is an important part of replacing income after you’re gone. Your spouse will need to continue to pay the mortgage, auto, and other payments, which they wouldn’t be able to afford on a single salary.
  2. Repay Loans and Other Debts. You may be responsible for your spouse’s debts or loans after their death. Life insurance gives you the opportunity to help alleviate some of those burdens.
  3. Higher Rates Later. In some instances, life insurance can be less expensive when you’re young and healthy. The rates change as you age, so it’s better to get a policy sooner rather than later.

Types of Life Insurance

  • Term Life – is used for a variety of purposes and set for a certain number of years, or terms. Terms are determined by you. They can be 5, 10, 15, or more years, but once the term is over you’ll need to start a new policy.
  • Whole Life – lasts your whole life. This type of policy builds in value over time. The premiums remain the same throughout the life of the policy.

The next time you’re in Annapolis, MD, the independent agents at Ramsey Insurance can help you sort out your life insurance policy.  

Backyard Fun – Be Safe

Are you planning on building a tree house in the backyard this summer? Or maybe installing playground equipment for the kids? How about putting in a swimming pool? These are all things that are fun; however, they increase risks as well. Make sure you learn how to secure the dangerous areas, like swimming pools, from unsupervised access by children and install playground equipment so that there is less risk of injury to the children if they fall.

Also, summertime is a great time for an annual review of your home insurance coverage with your agent at Ramsey Insurance in Annapolis, MD. You can see if your home insurance coverage is adequate and add coverage as necessary for the things you will build or install in your backyard.

Sometimes backyard improvements become part of the home, such as when you install an outdoor patio connected to your house, or put in an outdoor kitchen. Another common improvement that makes a house more valuable is the installation of a sunroom. Any of these improvements cause the need for an adjustment in your homeowner’s insurance.

If you are making plans for outdoor backyard improvements, take the extra step to talk with your agent at Ramsey Insurance in Annapolis,0 MD to make sure your insurance coverage is in place, in advance of making the improvements.  Imagine the unfortunate situation that some emergency happens while the construction is in progress and this causes major damages and a significant potential financial loss. This is why it is important to be proactive in having insurance in place in advance of need. You want your insurance coverage to be there when you need it and it is too late to put insurance coverage in place after a catastrophe occurs.

It is easy to be sure that you have adequate coverage, just simply reach out to your agent at Ramsey Insurance in Annapolis, MD. Let them know what your plans are, and a review of the insurance coverage will include suggestions of what can be changed or added in response to your future plans.

Running a Home Business and Insurance Coverage

Lots of folks are running businesses from their home these days, using a spare bedroom as a converted office and bringing in additional income doing so. And, like many micro or small businesses, these folks in Annapolis, MD and elsewhere frequently assume their homeowners insurance is more than enough coverage for what may be contained in that home office. The problem is, however, that most homeowners insurance policies are specific to private property and assets, not those associated with a business. And that can be a rude, shocking surprise if something happens to the house and office, and there is no real recovery available realized after the fact.

According to Ramsey Insurance, homeowners insurance policies are intended for and written in terms specific to a private residence. And that’s an important distinction. Read literally, assets and materials associated with a business will not automatically fall within the definition of a private residence. So an insurance provider could very well limit its coverage agreed to without doing anything wrong by denying a claim with thousands dollars associated with the home office since that function of the house is not existing as a private residence per se.

Fortunately, however, Annapolis, MD home businesses can solve the above problem with some minor changes. Ramsey Insurance can help recraft or update homeowner coverage with an add-on policy addition or a separate, specific business policy, both being written specifically for protecting the home office. If you’re realizing you may need some additional help insuring your home office and protecting your business assets, give Ramsey Insurance a call to discuss the details. Their expertise will be invaluable and helpful; you won’t be disappointed making the connection.