Reasons to review your home insurance

Home insurance is designed to protect the biggest investment most people ever make. It offers not just one type of protection but several types. It is not the kind of insurance that stays the same forever. It is something you need to take a look at from time to time. Some reasons are more compelling than others when it comes to reviewing your policy, but everyone should look at their policy at least once a year. In Memphis, TN, Keltner Insurance is locally owned and operated, and we will be there through all the insurance needs that our customers have. 

When it is time for your home insurance to review, you will receive a copy of your policy with a summary of your coverage. This is the perfect time to take a good look at everything that you have in the way of coverage. You can see the amount your home is covered for, the amount of liability coverage you have, how much your deductible is, and what type and amount of content coverage you have.

The value of your home has increased

Many things that you do to your home can increase the value. If you make a major change in your home, you should let your insurance company know. Just putting in a new kitchen or roof isn’t enough to make a major change but adding another bathroom, building an addition or a new garage can and do add value   

You added a liability risk

If you put in a swimming pool, have a trampoline, or have a dog, you need to review the amount of liability coverage that you have.

Content coverage review

If you have actual cash value home contents coverage, you may want to consider replacement cost. This will allow you to actually replace the items lost at today’s cost. 

Contact Keltner Insurance in Memphis, TN for all your home insurance needs. 

Understanding Tennessee Auto Insurance

If you own a car in Memphis, TN it’s significant to get proper car insurance from Keltner Insurance to protect you and your car. Buying an automobile liability insurance policy from a reputable insurance company is a prerequisite for your car’s registration and obtaining license plates in Tennessee. Visit us today at Keltner Insurance serving Memphis TN and we can show you various coverage options so that you can select one that is right for your needs, goals, and budget.

Auto insurance is mandatory in Tennessee

 Tennessee law requires car owners to carry minimum liability coverages in their auto insurance policy. Your auto policy must meet the following Tennessee liability coverage minimums:

  • Bodily injury liability
  • Property damage liability
  • Uninsured or underinsured bodily injury

Several auto insurance coverage options

The state-mandated auto insurance minimums may not be sufficient to offer solidified protection to you and your automobile. It’s therefore vital to consider other available optional coverages. They include:

Collision coverage: It caters to repairing or replacing your car when physical damage results from a collision with another vehicle, post, tree, boulder, or another stationary object.

Comprehensive coverage: This is a non-collision coverage repair or replaces your car when physical damage arises from imminent incidences such as falling objects, fire, theft, vandalism, and hailstorm subject to your deductible.

Underinsured or uninsured motorist coverage: It helps you pay for your medical bills or repair your vehicle; if you are involved in an accident with another inadequately covered or uninsured party.

Medical payments coverage: This policy caters to reasonable and necessary medical costs, such as X-rays and medication, regardless of who is at fault after engagement in an accident.

Auto insurance in Memphis, TN

Are you a car owner in Memphis, TN seeking an outstanding auto insurance policy that meets your needs and budget? Please call or visit our Keltner Insurance for comprehensive information about auto insurance coverage.

Is Full Coverage on a Motorcycle Worth It?

The thrill of the ride—we know how amazing it feels to be on a motorcycle. At Keltner Insurance Inc., serving Memphis, TN, we want to keep you riding into the sunset with a motorcycle insurance policy that is the right fit for you. We also want to explain the advantages of considering a full-coverage plan for your ride.

What is included in a full-coverage motorcycle insurance policy?

The biggest advantage of full-coverage insurance is that it includes comprehensive and collision coverage, along with all state-required insurance coverages. This can include bodily injury liability, personal injury protection, property damage liability, uninsured or underinsured motorist coverage. Collision coverage pays to repair any damages your bike receives from an accident with another vehicle or object. Comprehensive insurance covers theft, “acts of god” incidents and damages the motorcycle sustains, even while in storage.

You should consider a full-coverage motorcycle policy if your ride is a classic, custom, or worth more than $5,000. The potential loss of a higher valued bike of this nature is mitigated with the increased protection under a full-coverage plan. If your bike is your main mode of transportation, you should look into finding a motorcycle insurance policy that has full coverage. The collision and comprehensive coverage can be extremely helpful in the event of an accident or theft.

We know that riding a motorcycle can be one of the greatest and most powerful feelings in the world, and we want to keep you safe on the road. At Keltner Insurance Inc., serving Memphis, TN, we are happy to answer any questions you have regarding motorcycle insurance and to help guide you to finding a policy that suits you and your bike.

Do renters in Memphis need to have insurance?

Anyone that lives in the Memphis, TN area will have different housing options to consider. A good option for a lot of people in this area is to rent their home instead of buying. A renter will not have the same commitment and responsibilities as a property owner and will enjoy the flexibility to move at the end of a lease term. While there are benefits to leasing your property, you do still have various responsibilities. One responsibility to take seriously is your need to get proper insurance. Tenants in this area will need to have renters insurance for a few reasons.

Coverage is Mandated in Lease

A reason that a tenant here will need to have insurance is that it is a lease requirement. If you are going to lease a property in this state, there is a good chance that the landlord will have lease provisions that require you to have insurance. Many landlords will expect that you provide evidence of full coverage for the upcoming lease term before the lease even begins.

Coverage Offers Protection to Renters

Getting renters insurance is also a good idea because it offers great protection. When renting a property, you will enjoy the coverage for your personal assets as well as your liability protection received. Both of these forms of coverage can prove to be helpful during difficult situations.

A renter in the Memphis, TN area should call Keltner Insurance to discuss their insurance needs. When you are looking for this insurance there are a lot of factors to consider and decisions to be made. The team with Keltner Insurance can help you assess your options and build a plan that will give coverage that is ideal for your current situation and provide valuable protection. 

Is RV Insurance Mandatory In Tennessee?

Owning a recreational vehicle (RV) is a lot of fun. It provides you with a unique way to cruise across the country while you enjoy home-like comfort. However, RV ownership comes with a large investment that is as expensive as purchasing a house. With this in mind, your RV should be well-protected with insurance like any other investment. And that’s not all. 

RVs are large vehicles that can cause significant damage and injuries if involved in an accident. Imagine the accident-related costs you can be saddled with if you haven’t purchased RV insurance? Massive, right? Fortunately, if you are a resident of Memphis, TN, and the surrounding areas, Keltner insurance is there to solve your RV insurance headache.

RV insurance in Tennessee

Most of the states require that you have RV insurance, just like auto insurance. In Tennessee, RV insurance is mandatory, especially if it’s driven on the road. To note is that there are numerous RV insurance options to ensure optimal protection. However, most states like Tennessee require you have at least liability insurance coverage.

Below are some standard insurance coverages for RVs:

  • Bodily injury liability: If your RV is involved in an accident and there is an injured person, this insurance will cover the hospital bill as well as the loss of income.
  • Collision: If your RV gets hit by another vehicle, hits another car or object, or rolls over, this insurance coverage will pay for the damage.
  • Comprehensive: This form of RV insurance coverage pays for any loss not caused by a collision. For example, vandalism, fire, hail, theft, and falling objects.
  • Uninsured and underinsured motorist: The coverage covers you if you are involved in an accident caused by a driver with no insurance or insurance that cannot cover the damage caused entirely.

Other RV insurance coverages you can consider are:

  • Roadside assistance
  • Towing and labor
  • Vacation liability

Folks, there you have it. Whether you own an RV or planning to buy one, insurance coverage is mandatory. Fortunately for Memphis, TN residents, Keltner insurance has the right insurance coverage for your RV that will protect you as you cruise around the country. Call us today for a quote and more information.

Why Do You Need Renters’ Insurance?

If you rent your home, there are many different ways that things can go wrong and leave you in the lurch. With renters’ insurance, you can guard against many of these scenarios and keep yourself financially protected. Do you really need renters’ insurance? Yes! Most landlords require renters to have it, and even when they don’t, it’s important coverage to have. Call us at Keltner Insurance in Memphis, TN to learn more.

Losing Your Belongings

One reason that renters’ insurance is so important is that there are many things that can happen that can ruin your belongings. There are accidents, tragedies, catastrophes, and other incidents that can leave you with nothing. With this insurance in place, your belongings can be replaced. When you get your renters’ policy, be sure to film or photograph everything in your rental so that you have proof of what you owned before the incident happened. 

Losing Your Home

Though it may be rare, there are many ways that a rented home can be destroyed or damaged beyond its livability. If your home is rendered unlivable, there is coverage in renters’ insurance that protects you against this. It will pay for other living accommodations and expenses like meals since you won’t have a place to cook. It’s valuable coverage that no one who rents should be without. 

Losing Your Money

This is a litigious society, and if someone were to have an accident or get sick in your home, they could sue and win. This would make you come up with all the money needed for their medical bills. To avoid this, liability coverage is included in renters’ insurance. It’s a good way to protect your future from serious financial trouble. 

Get Your Renters’ Insurance

If you rent and need this insurance, contact us at Keltner Insurance in Memphis, TN to talk about your rental and its insurance needs.

Why do you need boat insurance in Memphis?

If you live in the Memphis, TN area finding a way to enjoy the hot summer months is very important. One way that people can ensure that they stay and active this time of the year is by getting their own boat. If you are going to purchase a boat when you are in this area of Tennessee, having the right insurance for it is very important. There continues to be a few reasons people need to have boat insurance.

Using Your Boat in Certain Areas Requires Insurance

Depending on where you want to use your boat in the Memphis area you may be required to carry insurance at all times. There are certain marinas and waterways that can be accessed in the area that do require that people have insurance at all times. You may be required to provide evidence of this coverage prior to using these waterways.

Insurance is Required by Lenders

It can be a good option for a lot of people to finance the purchase of their boat with a loan. While using a loan can help you buy a boat in this area of Tennessee, you do have requirements that need to be met. A boat lender will want you to have a full insurance package at all times. Getting this protection ultimately protects the lender’s security interest in your boat until you have paid off the loan.

There are always plenty of reasons for you to get a boat insurance plan when you are a boat owner in the Memphis, TN area. If you are looking for a new policy here, you should call Keltner Insurance. The team with Keltner Insurance can give you the support that is needed to build a policy that is ideal for your situation. 

Who needs motorcycle insurance in Memphis?

The Memphis, TN area is a great place to live. This area offers residents nice weather for most of the year and plenty to experience and see in the city and surrounding communities. If you are looking to get around town here, getting a motorcycle could be a great option. A motorcycle will provide you with a fun and efficient mode of transportation. If you do get one here, you also need to get the right insurance for it. There are several situations when someone will need this coverage. 

Those That Want to Drive It

A common situation when motorcycle owners will need to have motorcycle insurance is when they want to drive their motorcycle. Those that drive a motorcycle will have similar insurance requirements as those that drive any type of car. In this state, you will have to carry at least a full liability policy with limit levels that keep you in compliance with state law.

Those That Finance their Motorcycle

The cost of a motorcycle can be significant. Due to this, it is somewhat common for people to take out a loan when they want to acquire one. If you are going to take out a motorcycle loan, you will have to understand and follow the motorcycle insurance requirements. In many cases, you will have to carry a full motorcycle insurance policy that provides additional collision and comprehensive insurance protection. 

If you would like a new motorcycle insurance policy in the Memphis, TN area, it would be a good idea for you to call Keltner Insurance. The team with Keltner Insurance understands how important it is for all people to get the right coverage. They can then help anyone to get into a new policy that will offer the appropriate protection. 

Is boat insurance required?

Your boat spends more time in your driveway than on the water. Such is the reason you feel it unnecessary to purchase boat insurance. An indemnity plan for your water vessel may not be required in Memphis, TN, but such financial covering is essential. The agents at Keltner Insurance can help you understand why boat insurance is so important. 

What does boat insurance cover? 

Boat insurance works like auto insurance. A good plan typically covers:

  • The vessel;
  • Medical Bills;
  • Property Damage.

The extent that an insurance provider pays after an incident largely depends on your policy limits. Those who want cheaper monthly premiums may not have policy limits that pay for everything. Individuals who choose to pay more for insurance coverage, on the other hand, may find their plan pays out the maximum when the unforeseen happens. 

Is boat insurance always an option?

For the most part, boat insurance is not required in Memphis, TN. There is no state law that mandates water vessel owners to purchase a policy. There are, however, instances in which boat insurance may be required. 

Individuals who financed the purchase of their boat may need to buy a boat insurance plan that, at a minimum, covers the vessel. You may also view boat insurance as more of a requirement if you operate the vessel more often and with passengers. You are responsible for damages you cause to other boats as well as to individuals riding with you even if you do not have boat insurance as a financial cushion.  

How much boat insurance should you buy?

It is best to speak with an expert at Keltner Insurance when determining how much boat insurance to purchase. An agent can fully explain the benefits of a good policy as well as ensure you have the plan that best suits your lifestyle. Call Keltner Insurance today to get started with a quote for boat insurance.

5 Best Safety Tips for Motorcyclists

While there is no mistaking that motorcycles are fun, daring, and cool they are also dangerous and more likely to be in an accident than a car, truck, or SUV. When it comes to motorcycle safety, these are a few tips to always have at the forefront of your mind.

1. Motorcycle Safety Course

Keep in mind that in order to legally operate a motorcycle in Tennessee that is over 50cc, you must have a Class M license. Although it is not required by the state, all motorcyclists are encouraged to complete one of the many safety courses offered by the Motorcycle Safety Foundation. 

2. Pre-Ride Inspection

Prior to embarking on your motorcycle, it is highly recommended that you do a visual inspection to check for anything from leaks to loose bolts to debris in the tires. 

3. Wear Protective Gear

As a general rule of thumb, you’ll want boots that cover your entire ankle, an abrasion-resistant jacket with additional armor, long pants, gloves, and a full-face helmet. Although an open face helmet may keep you cooler in hotter months, it is important to remember that nearly a quarter of all impacts during accidents start with the chin. 

4. Drive Defensively

While it may be tempting to weave in and out of traffic, don’t do it because other drivers may not see you. Instead, drive like no one can see you and give plenty of leeway to other vehicles on the road.

5. Don’t Skimp on Insurance

Not only is motorcycle insurance required in Tennessee, but you want to ensure you have enough coverage to protect yourself and any passengers if an accident happens. At Keltner Insurance in Memphis, TN, our friendly and talented team will help customize the perfect insurance policy for your needs.