Finding the most comprehensive insurance coverage at an affordable price can be a daunting task. We work with a variety of carriers to find the best solution for you. Whether you need to insure your automobile, motorcycle, watercraft, RV, ATV or motor home we have an option for you. No matter what type of vehicles you own, Lionstone can fulfill your insurance needs. We take the time to understand what is important to you in order to provide you with the best coverage.
What is auto Insurance?
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance provides property, liability and medical coverage:
- Property coverage pays for damage to or theft of your car.
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
An auto insurance policy is comprised of six different kinds of coverage. Most states require you to buy some, but not all, of these coverages. If you’re financing a car, your lender may also have requirements. Most auto policies are for six months to a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium.
What is covered by a basic auto policy?
Your auto policy may include six coverages. Each coverage is priced separately.
1. Bodily Injury Liability
This coverage applies to injuries that you, the designated driver or policyholder, cause to someone else. You and family members listed on the policy are also covered when driving someone else’s car with their permission.
It’s very important to have enough liability insurance, because if you are involved in a serious accident, you may be sued for a large sum of money. Definitely, consider buying more than the state-required minimum to protect assets such as your home and savings.
2. Medical Payments or Personal Injury Protection (PIP)
This coverage pays for the treatment of injuries to the driver and passengers of the policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident. It may also cover funeral costs.
3. Property Damage Liability
This coverage pays for damage you (or someone driving the car with your permission) may cause to someone else’s property. Usually, this means damage to someone else’s car, but it also includes damage to lamp posts, telephone poles, fences, buildings or other structures your car hit.
This coverage pays for damage to your car resulting from a collision with another car, object or as a result of flipping over. It also covers damage caused by potholes. Collision coverage is generally sold with a deductible of $250 to $1,000—the higher your deductible, the lower your premium. Even if you are at fault for the accident, your collision coverage will reimburse you for the costs of repairing your car, minus the deductible. If you’re not at fault, your insurance company may try to recover the amount they paid you from the other driver’s insurance company. If they are successful, you’ll also be reimbursed for the deductible.
This coverage reimburses you for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, falling objects, missiles, explosion, earthquake, windstorm, hail, flood, vandalism, riot, or contact with animals such as birds or deer.
Comprehensive insurance is usually sold with a $100 to $300 deductible, though you may want to opt for a higher deductible as a way of lowering your premium.
Comprehensive insurance will also reimburse you if your windshield is cracked or shattered. Some companies offer glass coverage with or without a deductible.
6. Uninsured and Underinsured Motorist Coverage
This coverage will reimburse you, a member of your family, or a designated driver if one of you is hit by an uninsured or hit-and-run driver.
Underinsured motorist coverage comes into play when an at-fault driver has insufficient insurance to pay for your total loss. This coverage will also protect you if you are hit as a pedestrian.
You want to enjoy the freedom of boat ownership. Knowing you are covered for potential losses allows you to do so. Lionstone has several carriers who we can place your boat insurance with which allows us to find the best coverages for your specific needs.
Coverages Important To Watercraft Owners
- Agreed Value or Actual Cash Value settlement options
- Towing and Assistance for breakdowns while on the water or if the trailer is disabled.
- Coverage for Personal Property to protect wearing apparel, sports and fishing equipment, GPS and fish finders, and other personal property while on board or being carried on or off the vessel.
- Medical Payments Coverage for insured’s and their guests while in, upon, boarding or leaving the boat. Also covers individuals being pulled on water skis, wake boards or tubes.
- Uninsured Watercraft coverage
- Physical Damage coverage
- Liability coverage
- Coverage to recover and protect the boat from further damage
- Trailer coverage
- Total Loss Settlement option for newer boats
- Wreck Removal and limited Pollution coverage
Eligible Watercraft Types
Boats up to 50 feet in length and $250,000 in value.
- Motor Boats
- Sail Boats
- Fishing Boats
- Bass Boats
- Cabin Cruisers
- Day Sailers
- House Boats
- Center Console Boats
- Family Runabout Boats
- And Jet Skis
Coverages Imporant to Motorcycle Owners:
- Collision Coverage
- Other Than Collision Coverage
- Liability Coverage
- Medical Payments Coverage
- Safety Apparel Coverage
- Optional Equipment Coverage
For extra coverage on the open road, and because not everyone’s needs are the same:
- Increased limits on Liability
- Uninsured/Underinsured Motorist Coverage
- Replacement Cost Total Loss Settlement Coverage
- Increased limits on Optional Equipment Coverage
- Towing and Roadside Assistance with Trip Interruption Coverage
- Coverage on transport trailers
Eligible Motorcycle Types:
- Motorcycles 25 years & older
- Cruisers Motorcycles
- Street Sport Motorcycles
- High Performance motorcycles
- Touring Motorcycles
- Sport Touring Motorcycles
- Regular Motorcycles
- Dual Purpose/Endure Motorcycles
- Motor cross/ Dirt Bike Motorcycles
Why Choose RV Insurance Coverage?
You wouldn’t insure your single family home with a condominium policy, so why insure your RV with an endorsement to your automobile policy. Ensure you have complete coverage to protect from unexpected accidents involving your RVs.
Important Coverage for RV Owners:
- Bodily Injury & Property Damage Liability
- Uninsured/Underinsured Motorists
- Comprehensive & Collision
- Vacation Liability
- Replacement Cost Personal Effects
- Roadside Assistance
- Emergency Expense
- Conventional Motor Home – Class A
- Professional Bus Conversion – Class A
- Non-professional Bus Conversation – Class A
- Camper Vans – Class B
- Mini Motor Home – Class C
Travel Trailers & Campers
- Fifth Wheel Trailer
- Conventional Trailer
- Pop-up Tent Trailer
- Trailer with Recreational Cargo Quarters
- Mounted Truck Camper
Lionstone works with a wide range of carriers in order to offer a broad range of personal and commercial insurance products including: automobile, home, umbrella, manufactured home, specialty homeowners, landlord or rental property, seasonal or vacant property, motor home, travel trailer, motorcycle, off-road vehicle, snowmobile, boat, personal watercraft, collectible auto and commercial small business policies for service, retail, wholesale, institutional and office business, as well as restaurant and habitational.