Factors to Consider When Buying Condo Insurance

At Wellspring Insurance Network Inc. serving the greater Rockville, MD area, we know that everyone’s insurance needs are different. What works for one person may not fit someone else’s needs. If you are looking to purchase condo insurance, there are many factors that you should consider to help you find the right insurance policy to fit your needs. Here are a few of those factors.

The Value of Your Condo

When selecting condo insurance, you need to ensure you select enough coverage to fully cover your condo. As such, you want to learn the value of your condo. Having an appraisal done will help you determine its current value.

The Value of Your Personal Property

Another factor to take into account when buying condo insurance is the value of your personal property. You want to have enough coverage to cover items like electronics, furniture, and clothing if the condo building burns down or your condo is robbed. Also, keep all the small things in mind. Plates, silverware, and linens can add up fast if you have to replace them.

Your Deductible

Lastly, keep the deductible amount in mind. The higher the deductible, the cheaper your policy will be. But, if something happens, you need to ensure you can pay for the deductible without causing yourself financial strain or difficulty. Because of this, you want to make sure that the deductible is not set too low or too high, but just right for your needs.

If you are looking to purchase condo insurance in the greater Rockville, MD area, let Wellspring Insurance Network Inc. help. Contact us today to schedule an appointment to sit down and discuss your condo insurance needs. We can then help you find the right condo insurance policy for your needs.

5 Motorcycle Safety Tips

When it comes to your motorcycle, you likely already practice a number of safety tips. After all, it’s probably one of your most valued possessions — one that you associate with freedom and love of the open road. For even more protection though, follow the following 5 safety tips from Wellspring Insurance Network Inc.

1. Wear Better Gear

Investing in tougher gear in Rockville, MD is never going to be the wrong decision. On the off chance you take a spill, it can be the difference between a major wound and a small scratch.

2. Get a Kill Switch

So let’s say that a thief doesn’t bother to hotwire your motorcycle. Instead, they just go ahead and steal your keys. No matter how a thief is trying to take your bike, you can use the kill switch to disengage your motorcycle so it can’t be driven away by anyone.

3. Think About Your Parking

It’s extremely easy for people to steal motorcycles simply due to their size and weight. It makes them prime targets for opportunity crimes. Ideally, you should be parking your park where you can see it. However, if you can’t, try parking it in a very well lit and crowded area.

4. Get a Tracking Device

If you live in Rockville, MD, it’s sometimes necessary to really think ahead when it comes to your motorcycle’s safety. A tracking device can be used to recover your motorcycle if it’s rolled, driven or carried away.

5. Find the Right Insurance

From natural disasters to petty vandalism, Wellspring Insurance Network Inc. can protect your motorcycle from practically anything you think of. Give us a call today if you’re looking for an insurance company that cares about getting you the very best protection you can possibly have.