Keystone State Insurance

929 S High St #20B
West Chester, PA 19382

Do I Need To Provide Insurance While My Boat Is In Storage?

Are you the diligent type of boat owner who cleans, preps, and winterizes their boat every year before storing it during the offseason? Winterizing won’t help in the event of a fire or theft. Don’t be tempted to overlook insurance coverage for your boat even when it’s in storage. If you rent West Chester, PA storage space, check with the storage company to see what security measures the facility provides and if they provide insurance for your boat.  

Don’t Stop Your Coverage

While it may be tempting to try to save some money by canceling your Keystone State Insurance boat insurance policy while it’s laid up, there are multiple risks that your boat still faces, from fire to theft to vandalism. In fact, according to the National Insurance Crime Bureau, there were more than 2,700 watercraft thefts from January-April and September-December in 2015. Additionally, your watercraft could be damaged by fire, animals, or acts of nature.

Doesn’t My Homeowners Insurance Cover My Boat?

Many boat owners think their West Chester, PA homeowners insurance policy will cover their boat while it’s stored for the winter, and cancel their boat insurance. But in many cases, the homeowner’s insurance will not cover your boat against mishaps when not in use. Even if your policy does offer boat coverage, typically that only covers low-powered boats such as small sailboats, canoes, or similar craft. Additionally, your policy likely has liability coverage limits capped at around $1,000.

Am I Required To Have Off-Season Coverage?

There are some circumstances in which you could be required to carry a boat insurance policy even when stored during the off-season. For example, according to the National Marine Lenders Association, if your boat is financed, the lender may require that you provide year-round coverage.

Do you have questions about your boat insurance coverage? Give us a call at Keystone State Insurance today. Our agent can answer any insurance coverage questions you may have, and help you find ways to protect your watercraft until warmer weather arrives.

Can Businesses Benefit from Umbrella Insurance ?

Commercial insurance policies are reasonably inclusive and do tend to cover most of the possible eventualities that you will have to deal with through the life of your business. They can get pricey, however, and they can even become quite confusing and require you to include coverages you may not need. For those in the West Chester, PA area, the agents with Keystone State Insurance can help you find the perfect policy for all your insurance needs.

For those businesses that do have a commercial policy, you can benefit from adding additional coverage that is a bit more specific with the use of an umbrella policy. An umbrella policy is going to allow you to add extended coverage to different parts of your policy so that you can get max coverage without having to add more to your commercial policy which can ultimately end up raising your premiums.

Businesses can benefit from an umbrella policy in some instances. If you are in need of a full commercial policy, you are going to want to go ahead and make sure you talk to an insurance agent to get the information you need on which policies you should look into. An umbrella policy covers you when your limits have been reached on your standard insurance policy. It will protect you from liability and lawsuits that surpass your financial capabilities.

For those in the West Chester, PA area and in the surrounding states, the agents with Keystone State Insurance can help you get your policy tailored to your specific needs. Reach out to our offices to learn how to get started.

Options for life insurance

Basically, there is "term" and "whole" life insurance. Term insurance is for a specific amount of time, while "whole" insurance has a cash value after a certain amount of time and lasts until your death. Insurance agencies realize there are a lot of different situations out there, so they have designed different variation of life insurance. Keystone State Insurance in West Chester, PA can help you determine the best policy for your situation.

Some of the other types of life insurance are:

  • Permanent Life that has no time limit, and lasts as long as the person lives. It will likely have a cash value as well.
  • High-risk insurance is available for people with cancer, for instance, or people in high-risk jobs like police or firefighting.
  • A universal life insurance policy is like a whole life policy in that it has a cash benefit and can be a permanent policy. One big difference is you have access to the cash value, and you can borrow against it. You may also choose how much goes to the death benefit and how much goes to the cash value.
  • Variable life is another insurance that has a cash value and can be permanent. It allows the policyholder to make investments, and this policy is sort of an investment as well as an insurance policy.
  • A survivorship policy can be set up for a couple, and that can be paid on a first to die, or last to die, basis. These cost less than two individual policies would.
  • Final expense insurance is often called burial insurance and only pays the funeral expenses.

Check with Keystone State Insurance in West Chester, PA to find out how you can get the life insurance policy that best fits your needs in Pennsylvania and Delaware.


Will Your Current Auto Insurance Policy Cover a Brand New Car?

Buying a car can be a time-consuming experience. By the time you complete all of the loan paperwork and are ready to drive your car off the lot, your current auto insurance office may be closed. This may leave you wondering if your new vehicle is covered under your existing policy or whether you have to wait until morning to get coverage and drive your car off the lot. This is a question that we at Keystone State Insurance, serving the West Chester, PA area and the surrounding states, are often asked. Here is what you need to know. 

You Are Typically Covered

In most cases, your current auto insurance policy will extend to a brand new car that you have just purchased. However, if you are not sure, contact your insurance company and let them know that you are looking to buy a new car. Ask them if you will be covered if you buy the car at night or after their office is closed. 

Buy Insurance in a Timely Manner

While you may be covered under your existing policy for a brief period, the time for which you are covered is often limited, and the coverage levels may not be very high. As such, you will want to obtain insurance on your new car as quickly as you can the next business day. Be sure to have the VIN of your new car and your driver’s license number on you to get accurate quotes. 

If you have just purchased a new car, you may be looking for a new auto insurance policy. If you need a new policy in the West Chester, PA area or the surrounding states, Keystone State Insurance can help. Call us now to get a quote or try our online rating tool. 

When do I Need Homeowner’s Insurance in Pennsylvania?

Why does Keystone State Insurance Think Home Insurance is Important?

If you have a mortgage on your home, you are most likely required to carry homeowner’s insurance. However, even if you own your home, it’s a good idea to keep your coverage up to date. If you have questions regarding your options, contact your Keystone State Insurance agent in West Chester, PA.

Do You Need Homeowners Insurance?

If you own a home, it is wise to carry home insurance. Even if you don’t live in an area with frequent storms, vandalism, or other catastrophic events, you need to protect yourself against losing your most valuable asset. If you don’t have insurance, you will bear the full brunt of any damage that occurs to your home. To guard against financial ruin, get a homeowner’s insurance policy that will grant you financial protection against unforeseen events. Your Keystone State Insurance agent in West Chester, PA can help you understand this better.

Types of Homeowners Insurance 

Homeowner’s insurance will vary from state to state and among different insurance companies. Homeowner’s insurance typically covers structural damage to your house and freestanding buildings, including garages and tool sheds. If your home is damaged by a covered event, the insurance helps you pay for the damage. If you cannot live in your home due to structural damage, your homeowner’s policy may cover temporary shelter for your family. It is important to understand the details of your policy before a disaster takes place.

Other coverage types available include:

  • Personal property damage coverage pays to replace your belongings damaged in certain covered incidents, including fire or lightning.
  • Bodily injury liability covers medical costs incurred by a guest who is hurt on your property.
  • Property damage liability replaces the property of someone whose belongings are damaged in your home.

Call your Keystone State Insurance agent in West Chester, PA to discuss all your insurance needs, including homeowners insurance. You will rest easier knowing you have covered all your bases when it comes to protecting your home. Also, try our online rating tool for quotes on a home policy.

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  • Delaware