Condo Insurance – Optional Coverage Types

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Learn about some optional coverage types that will protect your condo and the possessions you store inside of it. The additional types of coverage will protect your property from theft, natural disasters, and vandalism.

Replacement Cost Coverage

A standard policy will protect your possessions and factor in their depreciation. Replacement cost coverage provides additional coverage that a standard policy does not. It will pay for the full cost of replacing any stolen or severely damaged belongings.

Vacant or Unoccupied Coverage

If you don’t plan on staying in your condo on a consistent basis, you can benefit from adding vacant or unoccupied coverage to your policy. This type of coverage will protect your condo when you are not present.

If someone breaks in, your coverage will pay for repair costs. If your condo is damaged during a natural weather event, the coverage will pay for renovation costs.

Water Damage Coverage

Water damage coverage will protect your condo if its plumbing system backs up. The coverage will include replacement materials, labor, and other essentials needed to restore the condo to its original state.

Inspection and Assessment

Conduct an inspection and assessment first. An inspection of your condo will help you determine the level of coverage you need, and an assessment of how you use your living space will also help you pinpoint the type of condo insurance you need.

Agent Consultation

Review the optional coverage types that we offer at Leo Insurance Group. Then, contact one of our agents who serve Las Vegas, NV. The insurance agent will add the optional types of coverage to your current condo insurance policy.

What Updates to Make to Your Insurance Before You Renew

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When you renew your home insurance policy, you may think you can send in a payment or continue the same policy and plan without updates. That is the case, but it does not mean that is what you should do. There are plenty of benefits to updating your policy to ensure it better reflects your individual needs. 

At Leo Insurance Group, we work with clients throughout Las Vegas, NV, and the surrounding areas to ensure their home insurance meets their specific needs. Before you renew, there are a few things to keep in mind.

What to Update on Your Home Insurance This Year

Before you renew your home insurance policy, take a closer look at these recommendations:

  • Do you have enough content coverage? If you purchased anything of significant value in the last year, it may be valuable to upgrade your content coverage. That will make sure you have enough if there is an event like a fire. 
  • Is your policy reflective of today’s home costs and value? The cost to rebuild a home today may be more than it was when you initially established your home insurance policy. Make sure to update your coverage.
  • Did your home living arrangement change? If you added a pet, swimming pool, or other risks to your home, be sure to let your insurance agent know that. 

Home insurance is incredibly valuable when it fits your specific needs. Make sure you read through your coverage to ensure that is the case before you renew.

Let Our Independent Insurance Agent Help You

When you contact Leo Insurance Group about your home insurance in Las Vegas, NV, you will get up-to-date information and pricing to meet your current needs.

Is Your Car A “Classic”?

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Many of us have a special affinity with our cars. Cars are often referred to as females, and some even name their vehicles. We often customize our cars and make them our own. We may even loosely refer to them as “classic.”

At Leo Insurance Group in Las Vegas, we can insure all kinds of vehicles, including classic cars. But what makes your car a “classic”?

Is Your Car A "Classic"?

Generally speaking, a classic car is one that was manufactured at least 25 years ago.

It may have nothing to do with its value or condition but simply about its age. There can, however, be a wide difference in the value of what is considered a classic car. Factors that can impact the value of a classic car not only include its condition but also its make and model year, engine size, popularity, and rarity. Cars manufactured in small numbers, for example, are frequently worth more than those produced in large numbers. 

If, for example, you have a thirty-year-old car with low miles and in near showroom condition, it will be worth far more than the “book” value. Cars that have been meticulously restored will also have more value than an unrestored one.

This is why working with an insurance company that understands classic cars can be so critical. We can make sure you are protected for the full value of your vehicle and how it is used.

Schedule A Consultation Today

Not all 25-year-old cars are the same. We understand the differences. If you have invested in or have a classic car, contact us.

We are Leo Insurance Group, serving the greater Las Vegas, NV region, and insuring classic cars is just part of what we do. Reach out to us to discuss your vehicle and what coverage may be appropriate for you and your car. We look forward to assisting you.

How Recreational Liability Coverage Protects You and Others

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In the world of recreational travel and fun, safeguarding you, your friends and family, and people you might meet on your journey is Leo Insurance Group’s top priority. Whether you’re conquering rough terrain on an ATV or embarking on a cross-country RV adventure, having recreational liability coverage is not just a recommendation – it’s essential. In fact, Nevada law requires that any motor vehicle operating on a public street carries proof of minimum liability coverage. 

Protect Your People and Your Property

Unpredictable accidents can lead not only to physical injuries but also to substantial property damage. Accidents involving recreational vehicles are an unfortunate reality, but with proper coverage, you can breathe and enjoy your next adventure.

Recreational activities are likely to involve more than just you. That’s why we emphasize the importance of extending your protection beyond yourself. Our recreational liability coverage at Leo Insurance Group ensures that fellow riders and drivers are included, creating a shield against the unexpected.

Protect Your Next Adventure

As you explore recreational activities, we urge you to make liability coverage a priority. In Las Vegas, NV, where the allure of the outdoors can be irresistible, recreational liability coverage becomes an indispensable resource. Our coverage is designed to offer peace of mind, allowing you to pursue your favorite activities without the underlying worry of unplanned expenses.

Whether you’re searching for new insurance or re-examining your existing policy, don’t underestimate the importance of recreational liability coverage. Here at Leo Insurance Group in Las Vegas, NV, we want to be your ally in navigating the insurance specifics and help you find the right coverage for your needs. Contact us so you can indulge in your passions with the knowledge that you’re protected by the right recreational insurance plan.

RV Insurance and Earthquakes: Are You Protected?

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At Leo Insurance Group, our team of professionals can help Las Vegas, NV area RV owners get protection for their vehicles that minimizes serious damage problems. But what about wild situations like potential earthquakes? Are you protected? We are here to help you navigate.

Basic Policies Don’t Cover It 

A standard RV insurance policy does not cover earthquakes but only general types of basic damage. That’s a real issue if you plan on leaving Vegas and camping in California or anywhere else near a fault line. Furthermore, Vegas itself gets enough ground shaking to seriously make it unsafe. 

Thankfully, you can add an extra earthquake protection policy as an add-on or endorsement to your current policy. That means it’s an extra purchase and will cost you more money. However, if you plan on camping anywhere near an earthquake zone, you’re going to need this type of protection.

How It Helps 

Earthquake coverage on your RV policy can help protect your vehicle during serious and problematic earthquake situations. For example, it can protect you from damage caused directly to your RV during an earthquake, such as shaking, causing structural problems with the vehicle.

However, this coverage also protects it from earthquake-triggered issues, such as trees falling on your RV, power lines hitting it, and much more. With this protection, your RV (which you likely spent a lot of money to buy) is protected and safe if earthquakes impact you. 

Get Support Today

Our team at Leo Insurance Group can help you get the earthquake coverage necessary for your RV in Las Vegas, NV. We’ll do whatever we can to ensure that you’re fully protected and give you the respectful help needed to ensure your vehicle and keep it safe from various damage risks.

Motorcycle Insurance: Don’t Leave Home Without It

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If you ride a motorcycle and live in the Las Vegas, NV area, then you undoubtedly appreciate the warmth, climate, beauty, and open roads Nevada offers. The bad news is that there are also millions of other drivers out there who also visit, live, and travel those same roads. That is also why you don’t want to leave home without motorcycle insurance from reliable and trusted providers like the Leo Insurance Group.

According to the NHTSA (National Highway Traffic Safety Administration), there are approximately 80,000 motorcycle accident-related injuries every year. And that doesn’t account for the number of non-injury motorcycle incidents. While none of us ever want to be an accident statistic, we all appreciate insurance if we ever are.

Motorcycle Protection for Las Vegas Bikers

Go ahead and get out there, open up the throttle, and feel the wind in your face and the powerful growl of that engine. Just make sure that you are prepared, just in case. If you own and ride a motorcycle in or around the Las Vegas, NV area, let the friendly professionals at the Leo Insurance Group keep you and your bike protected.

From bodily injury to property damage or medical to collision coverage, riders need the right insurance plans. For all your motorcycle insurance needs, talk to licensed, experienced, and professional agents before hitting the road.

The Las Vegas Motorcycle Insurance Experts

If you are looking for motorcycle insurance in or near Las Vegas, NV or shopping insurance plans, we invite you to talk to our helpful and knowledgeable team at the Leo Insurance Group. For all your insurance questions and motorcycle insurance needs, contact us and ride with the Leo Insurance Group today.

Four details you need to look at on your umbrella insurance policy

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Umbrella insurance is a great financial product for consumers who are looking for more financial security. At Leo Insurance Group, we provide umbrella insurance to consumers in Las Vegas, NV.

There are numerous details that consumers need to look into when evaluating umbrella insurance.

The following are four details you need to look at on your umbrella insurance policy. 

The amount of coverage you’re getting

Umbrella insurance policies specify the maximum amount of coverage that they can offer. As a general rule, consumers should invest in enough umbrella insurance coverage to cover the full amount of their net worth. 

The coverage requirements that your primary policies must meet

Umbrella insurance policies usually specify a certain amount of coverage that a policyholder’s primary policies need to provide. Make sure that your home, auto, and other insurance policies meet the coverage requirements specified in your umbrella insurance policy. 

The coverage offered for legal defense expenses

Legal costs are one of the most important types of expenses that your umbrella insurance policy needs to cover. That’s because you could face very high legal fees if you are sued.

Make sure you choose an umbrella insurance policy that offers adequate coverage for costs you might face while mounting a legal defense if you face a lawsuit. 

The process for filing a claim

Be sure to do some research on the claims process so that you know what to do if you need to use your umbrella insurance. This will save time and minimize stress down the road. 

Schedule A Consultation Today

If you have questions about umbrella insurance in Las Vegas, NV, get in touch with us at Leo Insurance Group to find the answers you’re looking for. Get started on the path to a secure financial future by contacting us for a policy quote today!

Are You Required to Have Condo Insurance?

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If you purchase a condo, it’s important to know which insurance coverage the building provides and which coverages you need to provide. In most cases, a condo building requires you to have insurance coverage on the interior spaces of the condo. If you would like to learn more about condo insurance, please contact us at Leo Insurance Group. We provide Insurance products and services for the residents of the Las Vegas, NV area.

Condo Insurance Coverage 

And most instances, condo buildings require you to provide insurance coverage for your interior and contents, while the condo building provides exterior coverage. If you would like to learn more about condo Insurance coverage, our agents can help you determine which policies suit your needs. Our goal is to provide each customer with the best policy options to meet or exceed their needs.

We carefully assess your individual situation to determine what type of coverage or level of coverage is adequate to meet condo specifications and adequately prevent loss. If you would like to learn more about how we can assist you with policy selection, don’t hesitate to contact us. We can not only provide support with selecting a policy, but we can also provide you with assistance for any changes during the lifetime of the policy or claim submissions.

Reach Out Today 

If you would like to get answers to questions or assistance with policy selection, please call or stop by the office of Leo Insurance Group, which probably serves the residents in and around the Las Vegas, NV area. Don’t risk losses as a result of inadequate or missing condo insurance coverage. We are here to work with you to help you get the insurance coverage that provides peace of mind.

Home Insurance Myths: Debunking Common Misconceptions

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As a homeowner in Las Vegas, NV, having home insurance is essential. However, many myths surrounding home insurance can lead to misunderstandings and incorrect decisions. Leo Insurance Group will debunk some of the most common home insurance myths and provide valuable information to help you make informed decisions about your coverage.

Home Insurance Myths

Myth #1: Home insurance covers all types of damage.

Fact: While home insurance covers many types of damage, such as fire, windstorm, and water damage, it does not cover everything. For instance, standard policies typically exclude damage from floods, earthquakes, and intentional acts of damage. Full coverage may require additional policies, such as flood and earthquake insurance.

Myth #2: Home insurance is too expensive.

Fact: While home insurance premiums can be costly, they are much cheaper than replacing or repairing your home after a disaster. There are ways to lower your premiums, such as increasing your deductible, bundling your policy with other insurance types, and implementing safety features in your home.

Myth #3: You only need enough coverage to cover your mortgage.

Fact: Your mortgage company may require enough insurance to cover your mortgage, but that does not necessarily mean you have sufficient coverage for your needs. You should consider your property’s actual value, replacement costs, liability coverage, and potential hazards in your area when determining how much coverage you need. Don’t underestimate the value of your possessions, as they can also be covered under your policy.

Reach Out To Us

Home insurance can provide valuable protection and peace of mind for homeowners in Las Vegas, NV. By avoiding these misconceptions and working with Leo Insurance Group, you can ensure that you have the right coverage for your needs and budget.

What is included with classic car insurance in Nevada?

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Owning a classic car can be a dream for many in the Las Vegas, NV area. When you own a classic car, you will have an asset that you are truly proud of and will love to care for and drive around on occasion. When you are going to purchase a classic car, it is very important to select the right insurance for it. A classic car insurance plan tends to be the right type of coverage as it offers various forms of support that can make it a good option. 

Protect Your Vehicle

A great reason to get a classic car insurance plan is to protect your vehicle. A classic car insurance policy is unique as it can be curtailed to cover the full value of your vehicle. As these vehicles can appreciate in value, you will enjoy being able to lock the appreciation in through a proper insurance plan. With classic car insurance, you can negotiate a fair replacement value with the insurer.

Liability Coverage

If you ever intend to drive your classic car, you need to have liability coverage. As you will likely drive this vehicle sparingly, a classic car insurance plan could be ideal as the premium will be based on how much you expect to drive. In many cases, this results in lower liability coverage costs. 

Leo Insurance Group Is Here To Help

If you own a classic car in Las Vegas, NV, it’s important to ensure that you have proper insurance coverage. You can protect your valuable investment by contacting our specialized team at Leo Insurance Group. We understand the necessity of this coverage and will help you choose the perfect plan tailored to your specific requirements. You can rely on our personalized approach to ensure the right protection for your unique situation.