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Gantt Insurance Agency

1801 E 3rd St
Farmville, VA 23901

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Gantt Insurance Agency Blog

What is Trucking Insurance?

The type of commercial truck insurance required is dependent on the type of driving you to do or the business that you own. As a driver, you’ll need primary liability insurance which is required as part of acquiring a trucking license and protects third parties and their property from damage that your truck causes. Conversely, if you are the owner-operator of a trucking company, then you’ll also need general liability insurance. The difference between these two types of insurance is that general liability also offers the policyholder additional protection in the event of a lawsuit or a libel/slander claim against your trucking business. Gantt Agency in Farmville, VA offers this guide on choosing your trucking insurance. 

What is Trucking Insurance?

Whether you are a loan operator or own multiple trucks, the Federal Motor Carrier Safety Administration and the Department of Transportation require proof of liability insurance for your Operating Authority/MC Number application. Failure to carry insurance within your truck or not having enough coverage can result in significant penalties including loss of license, jail time, fines, and more. Most trucking insurance policies will include the following coverage:

  • Bobtail Coverage: Protects a truck that is being operated without a trailer.
  • Limited Depreciation Coverage: Helps pay the difference between the market value that the insurance is likely to pay you and what is still owed on the truck.
  • Motor Truck Cargo Insurance: Offers protection for non-hazardous freight and cargo liability.
  • Non-Trucking Liability Coverage: Protects your truck when it is used for non-business purposes.
  • Physical Damage Coverage: Covers physical damage that is incurred to your tractor-trailer.
  • Trailer Interchange Agreement Insurance: Protects non-owned trailers when they incur physical damage.

For more information on trucking insurance, Gantt Agency in Farmville, VA is here to help. We can assist in answering your trucking insurance questions and help customize a policy that best protects you from liability. 

What is SR-22/FR-44 Insurance, and What Does it Cover?

Are you a high-risk driver? Do you have a DUI on your records? It would be best if you thought about SR-22 or FR-44 from Gantt Agency in Farmville, VA. But what’s the difference between the two? What covers what? If you want to know more about these insurance coverages, hang on as we explore.

What is SR-22, and what does it cover?

In its strict definition, SR-22 isn’t a type of car insurance per se. However, it’s not uncommon to hear people refer to it as insurance. SR-22 is proof of financial responsibility. It notifies the state’s motor vehicle department that you carry the required amount of car insurance.

Furthermore, not every driver needs an SR-22. Only high-risk drivers need to invest in SR-22. So, if you have a DUI record, have been caught driving without insurance, or have been at fault for many accidents, you may need SR-22. 

What is an FR-44?

Only Virginia and Florida states use FR-44s, also called “DUI insurance.” And just like SR-22, FR-44 isn’t a type of insurance. FR-44 is similar to SR-22, only that it’s specific to DUI cases only.

If you have been charged with DUI in Florida or Virginia, you may need an FR-44, similar to SR-22, but with a minimum of $100,000 liability coverage on your car insurance. The thinking behind this is that DUIs are repeat offenders and likely cause severe injuries and damage on the road. They need higher liability coverage when they are at fault for accidents.

If you have been charged with DUI in Virginia, you are legally required to produce an FR-44 before your license is reinstated.

SR-22/FR-44 Insurance in Virginia

If you are a high-risk driver or have a DUI on your record, you need to invest in SR-22/FR-44 from Gantt Agency. Contact us today for an affordable quote.

Yes, your restaurant does need targeted insurance

The Gantt Agency is here to help restaurant owners in the Farmville, VA area protect their investments. Owning a successful restaurant takes a lot of work, and it’s important to protect your efforts.

Let’s review your restaurant insurance

There is so much that goes into opening and running a restaurant, that having the right insurance in place may fall down to the bottom of the priority list. If this has been your experience, now is a perfect time to take a closer look at your policy.

There is a lot that can go wrong when it comes to restaurants: kitchen fires, burst water pipes, liability for customer illness, physical damage to the structure, and so on. And, even when everything is going right, there is a lot of financial and personal investment in the establishment.

Protecting your hard work and efforts is an important part of operating a successful business. This is especially true when it comes to dining establishments. If it’s been a while since you’ve thought about your insurance, now is a great time to change that! Taking a close look at your policy for completeness is an important task.

We recommend that our commercial clients review their policies at least once a year. Over the years, your needs will change, and it’s a smart idea to make sure that your insurance policy keeps pace with those changes. 

Don’t wait until it’s too late to take a closer look at your policy.

We are here to help you protect your hard work

Are you a restaurant owner in the greater Farmville, VA area? Let the team at the Gantt Agency help you protect your restaurant. With all the hard work that you’ve put into your establishment, it only makes sense to keep it protected!

Is it time for garage insurance?

Running a repair shop takes a lot of work and commitment. Here at the Gantt Agency, we understand how difficult it can be to run a successful business in the Farmville, VA area. We want to help you to protect all of your hard work and investments!

Do you need garage insurance for your repair shop?

There is a lot that can go wrong at an auto repair shop. There are liability concerns for both your employees and your customers. You may not be able to repair certain jobs and the customer may try to become litigious. Or, there could be an accident that involves a vehicle that was in your shop, and the owner may try to pin some liability on you.

As we said, there’s a lot that can go wrong! We want you to have a thriving business now and for many years to come. That is why it may be time to consider garage insurance for your shop. This type of specific coverage can help you in the event of theft, vandalism, liability, and certain natural disasters.

After all of the hard work that you have put into your business, doesn’t it make sense to protect it? We can sit down with you and review all of the garage insurance policy options that are available in our area. Determining the type of policy along with the appropriate level of protection you need does not need to be a process you go through alone. Let us help you find the right coverage. 

Give us a call today!

The team at the Gantt Agency is here to help you with all of your insurance needs. If it’s time to review the policy for your Farmville, VA area business, give us a call today.

Does Your Virginia Home Insurance Policy Have These Important Coverages?

When you have home insurance in Virginia, it’s easy to just get the minimum amount of coverage so that you know you are covered if something happens. However, there are a number of unforeseen events that you might need coverage for down the road.

At Gantt Agency, we want Farmville, VA residents to feel secure in their Virginia home insurance policy so that they are covered for every possible life circumstance. There may be coverage for events that you don’t even know about. Learn what is available so that you will be protected for any event.

Contents Coverage

If you have the minimum Virginia home insurance requirements, you may not have contents coverage. Do you know how much it will cost to replace items that you own?

You probably don’t want to think about that. Take an inventory of everything in your home, and put a value on that.  You won’t have to think about that anymore if you have contents coverage for your home insurance policy.

Living Expenses

Sometimes bad things happen to good homes. You may have to leave it for a little while when an emergency happens. Living expenses coverage will help you to pay for any hotels, food, and transportation if you are temporarily displaced or evacuated from your home because something bad happened.

Storm Coverage

There are a number of options and needs for storm coverage in Virginia. You may want to add sewage coverage, and riders for hail, flood, or wind.

Personal liability insurance is important. However, you may be more likely to have bigger problems than a slip and fall on your property. Make sure your storm insurance is added on or up to date.

Get a Quote

At Gantt Agency, we can help Farmville, VA residents to secure the most complete coverage for their home insurance. Call us for a quote today.        

Why is trucking insurance necessary in Virginia?

The trucking and shipping industry continues to be very important as it is responsible for transporting necessary products all over the country. Due to the value that the trucking industry provides, there continues to be a demand for those in the industry. If you operate in the trucking industry in the Farmville, VA area it is important to ensure that you are properly insured. A trucking insurance plan can offer several forms of coverage that will make it a practical necessity. 

Insurance Protects Assets

A key reason that you will need to have a trucking insurance plan when in this area of the state is to ensure your business assets are covered and protected. To operate in the trucking environment, a company will need to own different pieces of expensive equipment. The best way to protect all of your valuable assets is by getting a trucking insurance plan. 

Insurance Gives Liability Protection

It would be best to get a trucking insurance plan because it will provide you with liability protection. Those in the trucking field will take on a lot of liability risk, including the risk of causing an accident or damaging cargo. With a full trucking insurance plan, you will get the protection needed to offset this risk, which could be very helpful for your business. 

Those that are in the Farmville, VA area and are in the trucking industry need to make sure that they get the right insurance in place. When looking for trucking insurance, you should call the Gantt Agency. The team with the Gantt Agency knows how important this coverage is. They can offer you the guidance needed to build a plan that is ideal for your situation.

Learn the difference between an SR22 and an FR44

Are you a high-risk driver in Farmville, VA? If you have a DUI on your driving record or have caused multiple accidents, you are classified as a high-risk driver and might require additional auto insurance protection. SR-22 and FR-44 come to effect when dealing with such drivers. 

The two come as special filings attached to your car insurance and aim to show that you have sufficient coverage required in your state. If you have SR-22 or FR-44, then your driving behaviors are wanting.

But do many people even know about the existence of the two policies? If this is your first time hearing about them, Gantt Agency is here to provide more information about the policies. Read on to understand the difference.

SR-22 Insurance

When you’re a high-risk driver with an SR-22, it means your auto insurance carries some extra coverage. The insurer notifies the DMV that you’re insured and fit to drive on the road. 

In case the policy expires, the insurer is also required to report to the DMV. Carrying SR-22 will likely see you pay higher premiums than others due to the high risk of filing claims. SR-22 is not a type of insurance but rather a notice that you’re insured in case of liability. 

FR-44 is similar to SR-22 but mainly used for DUI offenders. If you’re charged with DUI, then you’ll certainly need FR-44. Unlike SR-22, FR-44 requires that your auto coverage limit be at least $100,000. The argument behind it is that drunk drivers are likely to commit repeat offenses. 

Do You Need SR-22 or FR-44?

Reckless driving is no fun, and we advise that you should avoid it at all costs. However, if you’ve found yourself in trouble already, there’s no need to dig deeper. Get yourself some protection.

Are you a high-risk driver in Farmville, VA? Reach out to Gantt Agency for more information on how to get adequate auto insurance.