If you own a home, you probably have a homeowners’ insurance policy. But what about your business? Owners of garages and repair shops in the Farmville, VA area will want to get in touch with us at the Gantt Agency to discuss their garage insurance options. This coverage is designed to protect them from liability, in the event that something goes wrong at their location. If someone is injured or otherwise harmed there, the right liability protection can make a big difference in how the issue is addressed.

Garage Insurance: What You Need To Know

Because automotive dealerships, garages, and vehicle repair shops are places with significant injury risk, having the right type and level of coverage is extremely important. Most businesses have insurance policies, but what kind of policy will depend on the kind of business and the level of liability risk it has. Your dealership or garage needs to protect the workers and the customers from the harm that could come to them in that environment.

Before you get your business up and running, you’ll want to discuss your insurance needs with knowledgeable professionals. Our trusted agents can help you find the support you’re looking for. Then you can get the right policy, with enough coverage to protect you in the right way. You need a garage insurance policy you can rely on, so you can have peace of mind when working.

Contact Us Today

Reach out to us at the Gantt Agency today, if you’re in the Farmville, VA area and looking for a garage liability policy for your auto repair shop, dealership, or other automotive operation. We’re here to help, and to give you the options you need so you can make an informed decision. With the right help and guidance, you can get good coverage and get on with your business.

Although operating a business comes with many expenses, getting workers’ compensation is one expense you should never skip. Gantt Agency in Farmville, VA provides this guide in navigating this important coverage.

What is workers’ compensation insurance?

This commercial coverage protects business owners and their staff from the financial liability that could follow after an employee gets injured on the job or becomes ill because of a work-related issue. This coverage covers the medical bills related to the illness or injury and missed income. At Gantt Agency, we urge business owners to get this coverage because it can indemnify them in a lawsuit if the employee sues. As a business owner in Farmville VA, here are the risks that you are exposed to if you don’t have workers’ compensation insurance.

Contractor Liability

Contractors typically aren’t employees, and this means that they usually assume the liability for injuries they sustain working for you themselves. However, you need to state that you are not responsible for your contractor’s injuries or anyone down the line clearly in the contract that you offer them. The contractor needs to know that they are liable for their injuries. If you fail to do contractual risk transfer, you will be liable for the contractor’s injuries, those of the sub-contractor, and others down the line. This can be financially devastating to your and your business.

Lawsuits, Fines, and Jail Time

If you don’t have worker’s compensation, you can expect your employee to sue you for liability of their medical bills and missed income if they get ill or injured because of working for you. The lawsuit will put a massive burden on you and your business’s operations as you will have to direct some of your income towards paying legal fees. Additionally, the lawsuit can result in massive fines for you and your enterprise, which could cripple its operations. Additionally, you can end up in jail for negligence.

Give Us A Call

Contact Gantt Agency today for the best workers’ compensation insurance deals in Farmville, VA.

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. 

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.

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!

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.