Does Renters Insurance Cover Identity Theft or Cybercrimes?

Posted on March 28, 2025March 25, 2025 by admin

In today’s digital world, protecting yourself isn’t just about locking your doors—it’s also about safeguarding your personal information. Cybercrimes and identity theft are on the rise, leaving many renters wondering if their insurance policy offers any protection. At Modern Choice Insurance, providing renters insurance to residents in and around the greater Las Vegas, NV area, we help renters understand what their policies cover and how they can stay protected against modern threats.

Does Renters Insurance Cover Identity Theft?

Standard renters insurance is designed to cover physical losses, like stolen belongings or property damage, but it typically does not include identity theft protection by default. However, many insurance providers offer an optional identity theft endorsement that can be added to your policy. This coverage can help with the costs of recovering your identity, such as legal fees, lost wages due to time spent resolving the issue, and even expenses related to restoring your credit.

What About Cybercrimes?

Cybercrimes, such as online fraud or hacking, are generally not covered under a basic renters insurance policy. However, some insurers offer cyber liability coverage, which can help protect against financial losses due to cyberattacks, data breaches, or fraudulent online transactions. Adding this coverage may be a wise investment if you frequently shop online, use digital banking, or store sensitive information on your devices.

Protect Yourself from Digital Threats

While renters insurance may not automatically cover identity theft or cybercrimes, there are ways to enhance your protection. Modern Choice Insurance, serving the Las Vegas, NV region, can help you explore your options and find a policy that fits your needs. Contact us today to learn how to stay protected in the physical and digital world!

The Big Three In Deciding on Umbrella Insurance

Posted on February 28, 2025February 24, 2025 by admin

If you’ve ever considered getting umbrella insurance, you’ve likely asked yourself questions like, "Do I need it?", "Would it benefit me?" or "How could an umbrella insurance policy help?" These are some of the reasons why people in the Las Vegas, NV area turn to the professional and experienced team at Modern Choice Insurance for all their umbrella insurance needs.

Three Key Factors in Deciding on Umbrella Insurance

While it’s clear that homeowners need home insurance and vehicle owners need auto insurance, the need for umbrella insurance isn’t as straightforward. In most cases, an umbrella insurance policy can provide additional protection if you have policies such as home and auto insurance. While umbrella insurance can help in many situations involving liability, the real question is about how much insurance you need.

Three key factors can help determine whether you need umbrella insurance and how much coverage is right for you. These factors include your assets (what you have to lose), your risk factors (which influence your potential need for protection), and the total amount of loss you could incur in a worst-case scenario. At Modern Choice Insurance, we are here to help with all your insurance questions and to provide the protection and coverage you need.

Umbrella Coverage for Las Vegas, NV Area Residents

If you live in the Las Vegas area and have questions or need umbrella insurance solutions, we can help. Contact us to learn more and schedule an appointment with our friendly and professional team at Modern Choice Insurance for the umbrella insurance you need and deserve today.

Exploring Nevada by Motorcycle

Posted on January 31, 2025January 27, 2025 by admin

The mild weather in Nevada allows motorcyclists to enjoy riding all year. But what roads offer the most fun and the greatest views throughout the state? In today’s Modern Choice Insurance blog, we answer that question with the help of Motorcycle Nerd and Great Motorcycle Roads. Whether you want to explore the area around Reno or Las Vegas, NV, or you yearn for a desert ride, this list offers enough ideas to fill your riding year.

1. Mount Charleston Loop

Nearly 41 million people visit Las Vegas each year, according to Vegas Primer. But there’s more to explore than The Strip. Rent a motorcycle and head north 20 miles to explore the Mount Charleston Loop. The ride lasts one hour and includes NV-156, NV-157, NV-158, and NV-95. This route features the curves of Deer Creek Rd. and views of the Mt. Charleston Mountain range and the pine forest along the roadsides.

2. Red Rock Canyon Road

Before leaving Las Vegas, explore Red Rock Canyon Road. This one-hour ride encompasses 24 miles of natural beauty. Take NV-159 20 miles south of Vegas and enjoy Scenic Loop Dr. You’ll pass through the Red Rock Canyon National Conservation Area, a perfect place to stop for a hike.

3. Pyramid Lake, Empire, Black Rock Desert

From Reno, drive north on 445 to reach Pyramid Lake. Picnic on its gorgeous shores, then head back out on 446, junctioning with 447. Continue north to explore Empire, a ghost town once a thriving mining town of US Gypsum employees. Heading further north, explore Gerlach, the entry point to the Black Rock Desert.

4. Nelson, Techatticup Gold Mine, and Searchlight

Can’t get enough of ghost towns? Head south from Las Vegas on I-51, then take NV-165 east to Nelson. In this gold mining ghost town, you can still tour the now-defunct Techatticup Gold Mine and what remains of the town. Head north to I-51/NV-95 to traipse further south to Searchlight, another ghost town of merit.

5. Lake Tahoe, Carson City, and Washoe Lake

From Reno, head south on 431 to enjoy forested mountain views. Stop for lunch in Incline Village, on the coast of Lake Tahoe. Leaving Tahoe, go south on 28, then head east on US-50 until you reach the Highway 395 Alternate junction. Take 395 Alt North to explore Carson City, then go north to return to Reno, passing by Washoe Lake and going through the desert. Driven without stops, this 101-mile journey takes nearly three hours.

6. Hoover Dam, Lake Mead, Valley of Fire

Nearly everyone who visits Nevada visits Hoover Dam. Since you’ll probably visit it anyway, here’s an exciting two-hour ride of 103 miles that departs from Hoover Dam and goes to the Valley of Fire. This breathtaking ride includes Lakeshore Rd., NV-167, and Valley of Fire Highway. Head northwest on Lakeshore Rd. Along Lake Mead’s coastline, then take NV-167 to reach Valley of Fire. This ride provides lake views, Aztec sandstone, and desert.

Contact Our Agency Today

Before pulling out of your Las Vegas, NV, driveway, call or email Modern Choice Insurance for a motorcycle insurance review. Make sure your bike has the coverage it needs before exploring Nevada.

How the Rise of Childfree Lifestyles is Shaping Life Insurance Policies

Posted on December 23, 2024December 21, 2024 by admin

The rise of child-free living has opened the door to a more personalized approach to life insurance. As more people embrace childfree lifestyles in Las Vegas, NV, the dynamics of life insurance are evolving. Traditionally, life insurance policies have been designed with the assumption that the policyholder’s primary concern is providing for children and dependents in the event of death. However, with the growing trend of choosing not to have children, insurers are adapting to meet the needs of those who may not have the same financial responsibilities or long-term dependents.

Rethinking the Need for Coverage

For child-free individuals, life insurance needs are often less about replacing lost income for dependents and more about covering other aspects of life. This may include paying off personal debts, covering funeral expenses, or ensuring that aging parents or a spouse are financially supported. As the focus shifts away from children, insurers are offering more flexible policies that allow for customized coverage, reflecting the unique priorities of child-free policyholders.

Some child-free individuals may also be more concerned with preserving their estate or leaving a legacy for charitable causes. Insurers have responded by providing products that allow for easier beneficiary designations or policy options that cater specifically to individuals who wish to support causes or family members without children.

Understanding Premiums and Coverage Adjustments

Childfree policyholders may also experience differences in premium rates and coverage limits compared to those with children. Since the financial risks of supporting dependents are not a factor, insurers may offer reduced premiums or smaller coverage amounts, depending on the individual’s financial situation and objectives.

Contact Modern Choice Insurance for Your Insurance Needs

Modern Choice Insurance underwrites policies to fit our customers’ needs. We serve Las Vegas, NV, and the surrounding cities. Contact us today.

What types of coverage does condo insurance provide?

Posted on November 25, 2024November 22, 2024 by admin

Condos are a hot commodity in Las Vegas, NV. With thousands of units, they offer an easy and more affordable way to enter a very active housing market. Once you own a condo, it’s important to have the right insurance to ensure it’s covered no matter what happens. At Modern Choice Insurance in Las Vegas, NV, we are an independent insurance agency and provide our customers with the personalized service they require.

Property

Property insurance for a condo is not exactly the same as it is for an individual home. The condo owner is not responsible for the unit’s exterior maintenance and all the common areas. The property insurance for your condo will begin when the coverage provided by the condo master policy, which the homeowners’ association has on the units, ends. It can be from right inside to the exterior walls or the inside walls.

Content

The content insurance on a condo is the same as on a home. You can choose between current value and replacement cost.

Liability

Liability coverage on a condo unit also depends on the coverage provided by the condo master policy. Condo owners are not responsible for injuries in the common areas. Your condo liability will cover injuries by family members within and away from your unit.

Loss of use

Loss of use coverage will help provide a place to stay if your unit is damaged and you are unable to live in it. It can also provide some meals if you are unable to cook.

Contact Modern Choice Insurance in Las Vegas, NV, and let our team help you find the right condo coverage.

Do You Need Motorhome Insurance When You’re Not Traveling?

Posted on October 28, 2024October 23, 2024 by admin

If you own a motorhome in the Las Vegas, NV area and don’t live in it full-time, you may wonder whether it needs to be insured when you’re not driving it. The basic answer is yes, you should still have motorhome insurance when it’s parked in your yard, driveway, or storage facility because there’s more to protecting yourself from risk than just covering yourself around other drivers. At Modern Choice Insurance, we can help you get the best policy for your needs.

Work with Trusted Agents

Our agents will work with you by answering your questions and reviewing any insurance you already have on your motorhome. We can also help you find your first policy if you’re just buying an RV and don’t have coverage. The goal is to ensure you have the right protection, and that’s easier than ever when you have a trusted agent to help. You don’t have to play guessing games with your insurance or wonder if you’re fully covered when you come to us.

Keep Your Policy Active

Even when your motorhome isn’t out on the road, there’s still a risk of loss. That’s why you don’t want to cancel your coverage when it’s parked for the winter months or anytime you’re not using it to travel. You may want to look for a policy that adjusts your coverage when you’re going to be off the road for extended times, but it’s important to have a policy in place all throughout the year. Working with an agent makes that so much easier and more convenient.

Contact Modern Choice Insurance Today

Contact us today at Modern Choice Insurance if you’re in the Las Vegas, NV area and looking for motorhome insurance. We’re here for you and will help you find the right policy for your lifestyle.

The Role of RV Insurance in Protecting Your Personal Belongings on the Road

Posted on September 30, 2024September 28, 2024 by admin

Embarking on a journey in your RV presents an unparalleled sense of freedom and adventure, combining the convenience of exploring with the comfort of a home on wheels. At Modern Choice Insurance, serving the Las Vegas, NV region, we understand the necessity of protecting your RV and the personal belongings that accompany you on the road.

Protecting Your Home Away From Home

An RV is not merely a vehicle; it’s a portable home filled with personal belongings, ranging from electronics to kitchen essentials. RV insurance is pivotal in securing these items against theft, damage, or loss. Since standard auto insurance typically does not encompass personal belongings, having specialized RV insurance is pivotal for peace of mind.

Understanding Coverage Options

While considering RV insurance, it’s crucial to look beyond basic coverage. Comprehensive RV policies potentially cover personal possessions inside your RV, offering protection akin to homeowners insurance. You’re covered if items like your laptop or camping equipment are stolen or damaged due to an accident.

What to Look For

When choosing an RV insurance policy, consider the total value of your belongings and opt for coverage limits that cater to your requirements. Some policies may offer replacement cost coverage, ensuring you receive the full value for items lost or damaged, negating the factor of depreciation.

At Modern Choice Insurance, we are pleased to extend our RV insurance services in and around the greater Las Vegas, NV area. We are committed to helping you find an ideal RV insurance policy for your lifestyle. Reach out to us today to learn more about protecting your mobile home and all the valuable possessions inside.

Does Renter’s Insurance Cover Displacement Costs If Your Unit Becomes Inhabitable?

Posted on August 30, 2024August 27, 2024 by admin

Have you rented an apartment, condo or single-family home in Las Vegas, NV, and is now uninhabitable due to a mishap? While you understand that renters’ insurance will cover damaged items you own, you might wonder whether your policy will cover temporary living quarters during your home’s repairs. Modern Choice Insurance can help clarify what you can do if you need to move temporarily.

Loss of Use Coverage

Most renter’s insurance policies incorporate a provision termed loss of use coverage. The damage must result from a covered peril such as a tornado, fire, water damage, and so on. If you inflict damage rendering your unit uninhabitable, you will likely have to cover additional living expenses. Like other insurance components, the policy will only cover up to the policy limit.

What Does Temporary Housing Cover?

Renters may encounter additional costs that are uncommon during regular residence periods. These include:

Food exceeds what you would typically spend on groceries without kitchen access.
Laundry expenses if an in-unit washer and dryer aren’t available.
Storage, if you have to store personal belongings in a storage unit.
Parking fees, should you need to pay for parking at your temporary location.

Your temporary housing should resemble the uninhabitable unit. Review your policy to ascertain whether it will offset rental costs beyond your usual amount. Your insurance company will most often reimburse you for expenses, making it crucial to keep thorough records of your expenditures.

For more information on how temporary housing operates under a renter’s insurance policy, contact the experts at Modern Choice Insurance, serving Las Vegas, NV. We can help you start your policy.

What’s Covered by a Commercial Umbrella Insurance Policy?

Posted on July 30, 2024July 29, 2024 by admin

Recent statistics show that a whopping 90% of small business owners experience a lawsuit at some point in their company’s lifespan. Thankfully, in Las Vegas, NV, entrepreneurs who want to avoid permanent closure due to legal action can increase their odds of long-term business success by purchasing a commercial umbrella insurance policy.

What is Commercial Umbrella Insurance?

Commercial umbrella insurance doesn’t take the place of other forms of commercial insurance. Rather, it offers additional coverage once you reach the limit of a conventional policy. For instance, if your commercial liability policy has a $1 million limit and someone sues you for $2 million, your umbrella insurance policy will cover the difference. It can also cover legal expenses and the cost of paying for a settlement or judgment against your business. It also includes medical expenses and property damage incurred by third parties.

The exact coverage limits and terms and conditions vary depending on the policy you choose, the insurer you work with, and your deductible. Read the fine print carefully to avoid unpleasant surprises. Bear in mind that commercial umbrella insurance doesn’t cover your property, equipment, or inventory.

Call Modern Choice Insurance for Commercial Insurance Policy Options

Modern Choice Insurance specializes in assisting Las Vegas, NV, business owners in reviewing commercial insurance policy options and choosing the right ones. We offer multiple forms of coverage to suit the needs of various companies and industries. We provide expert advice and efficient, professional assistance to help you select the ideal policies for your business. Call us to find out if umbrella insurance is suitable for your business or to get a policy quote.

Custom Motorcycle Insurance | Protect Your Custom Bike

Posted on June 28, 2024June 28, 2024 by admin

If you have spent a thousand, ten thousand, or even fifty thousand dollars or more to customize your bike, you want full insurance coverage for your investment. The challenge that custom bike owners in Las Vegas, NV, and throughout the state run into is that you can’t get full coverage for your custom motorcycle by shopping online.

That’s where Modern Choice Insurance comes in.

At Modern Choice Insurance, we advise our customers that the kind of policy they need depends on how much they have invested in their motorcycle:

If you have not made many modifications to your motorcycle, maybe a custom paint job, engraving, handlebars, or custom light and sound, you may get the coverage you need with a standard policy plus add-ons.
If you built your bike from a kit or made extensive modifications to it as it came from the manufacturer, you may need an "agreed value" policy to fully insure your investment.

If you don’t tell the insurance company about your customizations, your coverage will be limited to the cost of a stock model. They might even deny your claim because your bike does not match their records.

And for motorcycles with performance modifications like a nitrous oxide kit, you may need motorsports or racing insurance. Many insurance companies will decline coverage for bikes that can achieve high speeds. You will need the help of an agent to find coverage for a high-performance machine.

There are almost no situations in which we recommend liability-only coverage. When you get liability-only coverage from a standard insurance company, you don’t have any compensation for repairs when you cause an accident.

Las Vegas, NV, is a great place for bikers. Luckily, we are located there! Call Modern Choice Insurance today to make sure you have the coverage you need.

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