In today’s digital world, our assets are evolving. Many people are investing in cryptocurrency and non-fungible tokens (NFTs). What we consider to be valuable has expanded. It is important to note that not all assets are insured under a traditional homeowners policy including cryptocurrency and NFTs. Understanding Tangible vs. Intangible Property Homeowners insurance covers tangible property, items you can physically touch and see. This includes your home, furniture, electronics, and personal belongings. These are assets…

Have you seen the spring edition of ‘Roanoke Valley Home?’ Duke Baldridge and Mark Lowman of Dominion Risk Advisors are featured in the “Making the Most of Your Homeowners’ Insurance” feature. One key tip from the feature is how homeowners can lower insurance costs: A key consideration from insurance carriers is the quality of the maintenance of your home. The age and condition of your roof, plumbing, electrical and HVAC systems will have a direct…

Have you considered a personal umbrella liability policy? Here, we answer some common questions to help you determine if this type of protection is right for you and your family. What are the advantages of a Personal Umbrella Liability policy? Extended Liability Protection: Provides additional liability coverage beyond the limits of your existing auto, homeowners, boat or dwelling policies, Legal Defense Costs: Covers legal fees associated with defending against lawsuits, even if you are not…