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Coosa Valley Financial Group

415 E 2nd Ave
Rome, GA 30161-3223

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4 Reasons You Should Get a Comprehensive Home Insurance Policy

If you are looking at your home insurance options prior to moving into a new house, you’ll want to think about getting a comprehensive home insurance policy. This is a type of insurance that not only covers your home itself, but also your belongings, living expenses, and liability. Be sure you talk to an expert insurance agent to get an understanding of what the different policies and extra coverage are before you sign up for it.

Why You Should Get Comprehensive Home Insurance

1. Protection against natural disasters – You can get on a policy that offers you protection against the big risks, such as earthquakes and floods. If you live somewhere that is at a higher likelihood for such natural disasters, it is especially important you have coverage for such damages.

2. Coverage for accidents on your property – If someone is injured through a slip and fall accident or is bitten by your dog, they may have costly medical bills and even lose time at work. If you have comprehensive personal liability insurance, it will protect you from the individual bringing a claim against you. Instead, your insurance should cover their medical bills, lost wages, and any rehabilitative services they may need.

3. Your property may entirely be replaced – There are a guaranteed replacement and straight replacement policies available. Guaranteed means that the replacement cost will be covered entirely, even if it is more than the maximum amount on the policy. The straight replacement policy only covers up to the maximum amount and costs less than guaranteed.

4. Coverage for living expenses – Coverage may be available for living expenses, in the instance of your family having to leave due to severe damages or loss of your home (such as from a fire or flooding). It would cover expenses for staying in a motel or rental unit. However, be aware that there are limits as to what type of living arrangements you can get.

Reach out to Coosa Valley Financial Group of the Rome, GA area today to ask questions and get your comprehensive home insurance.


Car Insurance Myths

In order to find the right auto insurance, it’s important that you understand common auto insurance myths in Rome, GA.

Myth 1: You only need the minimum liability insurance required in the state.

Buying only the minimum insurance will mean that you will pay more out of pocket for any losses after an accident and these costs can be expensive. If you have assets to protect, it makes sense to get more than the minimum coverage.

Myth 2: Car insurance covers you if your car is vandalized or stolen.

Auto insurance will only cover your car if you have collision and comprehensive coverage. Check with an agent at Coosa Valley Financial Group to see if your car is worth enough to opt for these coverages.

Myth 3: Personal auto insurance covers business use.

If you are using your vehicle for commercial purposes then your personal auto insurance coverage may not cover you if you get into an accident.

Myth 4: If someone else is driving your car then his or her insurance covers damages.

The auto insurance policy that covers the vehicle is considered the primary insurance. This means that the car owner’s insurance will be responsible for the damages, regardless of who is driving.

Myth 5: Vehicle color helps determine the price of insurance.

The color of the car doesn’t factor into the cost of auto insurance, but other factors do matter. Things such as the make, model, engine size, age of the vehicle, overall safety record, and likelihood of theft play a role in how much insurance costs.

Myth 6: If you get a ticket, your costs go up.

A ticket doesn’t always mean an increased rate. If the ticket was minor then you may not have any increase in your premiums. The type of infraction you are cited for will determine how much your rates will go up.

Contact Coosa Valley Financial Group, serving Rome, GA, to get a quote on auto insurance. 

Who may benefit from my life insurance?

At some point in life, you may need to purchase life insurance expressly if you have a vast number of resources or a huge family. When doing this, you will need to name a beneficiary who will claim your wealth in case of your covered demise.

Choosing a beneficiary

When choosing a beneficiary, you may be asked to name a backup beneficiary in case the primary beneficiary passes on before you or is unable to claim for specific reasons. If you live in Rome, GA and its environs, you can seek professional advice from Coosa Valley Financial Group who will help you navigate through the process without mistakes that can impact the claim later.


For couples who have no children, the primary breadwinner or provider or both can take out life insurance and name the other spouse as the beneficiary so that the named spouse will have financial support when the other dies.


Single people also have beneficiaries. These could be your aging parents, your child if you have one, or a sibling that may benefit from your life insurance. If your parents signed a student loan for you, the life proceeds could clear off this loan so that your parents are no longer held liable for it.


A couple with children can get the financial security they need for the future of their children through life insurance. The primary breadwinner can name his or her children as the main beneficiaries to provide them with financial stability in the event that he/she passes away. The life benefits can pay school fees, mortgages, or any other financial need.

No one wishes themselves death, but it does happen when we least expect it, and the least we can do is leave our dependents financially stable with life insurance. Call or visit us at Coosa Valley Financial Group in Rome, GA for more information on life insurance.

Is There an Advantage to Short-Term Umbrella Policies?

When you start to bundle multiple insurance policies to make sure you’re completely covered, things can feel a little complicated. Some insurance feels more important only under the right conditions. One way people deal with this is to make some policies temporary. Can that method help ease the cost of umbrella policies? Coosa Valley Financial Group has an answer for you.

Kind Of

Umbrella policies are interesting. You can set up a variety of payment plans, much like other policies. Making an entire umbrella policy short-term is pretty unusual and usually not the best approach. Instead, you want to frequently update your policy. This is especially important when you have temporary factors that might impact your coverage needs. Leaving your home in Rome, GA, for a while and traveling abroad is the most common reason to double check coverage limits.

Another instance that might have you checking your policy is a temporary addition to your home. If grandparents are going to keep their grandkids for a chunk of the summer, they might want those names added to the policy. There are plenty of other circumstances that merit a policy update. It never hurts to chat with your Coosa Valley Financial Group representative to make sure everything looks good.

Not Always

So, instead of making the entire policy short-term, you want to keep it up to date with your needs. This is great for optimizing your insurance costs, and it makes you a savvy customer. The trick is to make sure your fluid approach to coverage doesn’t lead to unintended gaps. That’s all the more reason to involve your agent in the process. They can make sure you stay protected without spending too much for coverage additions you only need temporarily. That gives you more freedom to relax and enjoy your life in Rome, GA.


3 Reasons Why RV Insurance Is Necessary

When you live in Rome, GA, it might be natural for you to own an RV. It allows you to travel the state and the rest of the country. However, you need to look at protecting your financial investment. At Coosa Valley Financial Group, we’re here to explain why it’s so important to have RV insurance.

The first reason to have a policy is that you want to protect your investment. If it gets hit when you’re driving, vandalized when you’re parked at an RV camp, or broken into when you’re out exploring a city, you want to know that you can file an insurance policy. You would only be responsible for the deductible, which can end up saving you a lot of money.

The second reason is to ensure that you’re street legal. If your RV has an engine of its own and you’re going to drive it down the road, it needs to have all of the necessary liability insurance that Georgia requires. This way, if you get into an accident with another vehicle, you are able to provide for the bodily injury and property damage of the other vehicle.

The third reason is that you simply never know what’s going to happen. You can’t predict whether someone’s going to back into your RV or if a storm is going to damage it with hail. You shouldn’t have to pay for things that are outside of your control. It’s why it’s reassuring to have an RV policy in Rome, GA that you can turn to if something does happen.

Shopping for RV insurance can be overwhelming because of the different options, including coverage limits. At Coosa Valley Financial Group, we’re here to help you every step of the way. Contact us today to find out how our insurance agents can help you find the right policy for your RV.


Can You Take Out Renter’s Insurance on a Rental Home?

Renter’s insurance is something that far more people could genuinely benefit from if they knew about it and knew what type of coverage they needed. For those that rent their home or rent an apartment, renter’s insurance can mean the difference between being able to recover after a disaster and being forced to start over. For those in the Rome, GA area, the agents with Coosa Valley Financial Group can help you find the coverage that works for you.

There are a few different stipulations when it comes to renters insurance and the first is that the policy must be taken out by the renter not the landlord. This means that the name on the lease and the name on the policy must be the same. Also, you cannot take out a renter policy on a property that you own. You can however take out a renter policy on any rented property that you are renting. This means if you are renting a home rather than an apartment, you can take out a rental policy on that rented home in the same way you would take out a rental policy on your apartment. It is likely that your landlord is going to have some sort of policy on the property as well but the rental policy will protect you and your belongings.

A rental policy is always good if you are not the owner of the residence in which you live. A rental policy is going to help you replace your belongings, find a place to stay, and much more. For those that live in the Rome, GA area, the agents with Coosa Valley Financial Group can help you find the policy that works for you and that covers your possessions and your rental so you can be safe and secure.  

What can a life insurance policy do for you?

Contrary to some beliefs, life insurance is not just for the wealthy. You should consider purchasing an indemnity plan even if you can only afford term life assurance. Read on to find out why a policy in Rome, GA is so important. Call the agents at Coosa Valley Financial Group to get started with a quote!

Life insurance offers peace of mind

There is something assuring about knowing that you have taken the necessary steps to ensure that your business is taken care of after death. Life insurance gives you the satisfaction in knowing that your bills will be paid regardless of whether you furnish direct payment or not.

A whole life assurance policy also comes with benefits while you are living. You can cash in on the interest that accrues on your plan and use the amount to pay bills or go on a much-needed vacation. Regardless of what you choose to do with the extra money, it is nice to know that you have something to fall back on when things get rough.

Life insurance gives financial stability

Speaking of having a safety net, life insurance offers an extra element of financial stability. Your loved ones do not have to worry about where the money is coming from in the unfortunate event of your death. They can, instead, rely on the assurance plan that you implemented during your lifetime to get them through the changes that life has thrown their way.

Life insurance relieves burdens

Death is always devastating. It is even more heartbreaking for a person to pass away without any financial backing. Family members are forced to search for other means to pay for the final arrangements of their loved ones. Additional turmoil may ensue if the deceased has mounds of debt.

A life insurance policy relieves the burden of finding other resources to make final arrangements and payments on debt in Rome, GA. Contact the agents at Coosa Valley Financial Group to get a quote on a life indemnity plan today!

It’s Time to Make the Smart Move and Buy Motorcycle Insurance

There’s a lot of excitement to be enjoyed when cruising down the road on a motorcycle in Rome, GA. Whether you’re the driver or the passenger, there’s something invigorating an adrenaline-rushing about riding motorcycles. As with any type of vehicle, though, riding a motorcycle does come with risk. From causing an accident to be the victim of one, it’s never a good thing when a motorcycle crashes. Fortunately, there are ways to protect yourself and your passenger, and it starts with making the smart move and buying motorcycle insurance from Coosa Valley Financial Group.

What Is Motorcycle Insurance?

A motorcycle is a lot like any other auto insurance policy, except it is created for specifically for motorcycles. A lot of people think they can call their regular auto insurance provider and simply add on a motorcycle much like they would another vehicle to their policy. Many insurance agencies, however, do not work like this. Instead of adding on another vehicle to the same policy, a completely new policy, one created specifically for the motorcycle, will be created.

There are different levels of motorcycle insurance, just the same as there are for auto insurance policies. You get the minimum liability coverage or go all the way up to full coverage, which usually provides comprehensive and collision insurance.

As with all types of insurance, it is highly recommended that you speak with an agent from Coosa Valley Financial Group to have your insurance needs assessed. Contact us today if you need insurance in or near Rome, GA. We are ready to assess your auto and motorcycle insurance needs and create a policy that meets all of your needs.

Do small businesses need commercial auto insurance?

Whether or not your small business in Rome, GA needs commercial insurance depends on whether or not your business uses any vehicle for business uses.  It can be any kind of a vehicle, from a motorcycle to a sedan to a box truck, but if your company owns vehicles and uses them for work, they will need to be insured under a commercial policy.

It’s not good to find out the hard way after you’ve been in an accident and the insurance company refuses to pay on the claim, that you won’t be covered. At Coosa Valley Financial Group, we work closely with our clients to make sure they understand the terms of their small business insurance policies. 

What If the Employees Own the Vehicles?

Unfortunately, the risk is assessed differently if a vehicle is going to be driven for personal use as opposed to being operated during work. Instead of just assessing the risk for passengers, you need to add into the equation the risk of losing or damaging your product or injuring a client or customer. 

Your personal auto insurance policy will likely exclude work-related accidents. Here are some examples of when commercial auto insurance is a must:

  • You are paid to transport people, whether or not the passengers directly pay you;
  • You transport goods;
  • You have other employees besides yourself drive your personal vehicle to run errands for work; 
  • You haul a trailer or operate a commercial vehicle in your regular operations.

If you are unsure whether you need commercial auto insurance for your small business in Rome, GA, feel free to call Coosa Valley Financial Group today.

Are There Home Insurance Policies for Pet-Related Damages?

Owning pets in Rome, GA and the surrounding areas can be both fun and exacerbating. The beautiful weather of the area often inspires pets to get a little wild and damage your home. That’s why we at Coosa Valley Financial Group have to field so many questions about pets and home insurance policies from exasperated pet owners like you.

Pet-Damage Policies Don’t Exist

The unfortunate truth is that policies that cover pet damage don’t exist. Insurance providers consider owning a pet as a privilege and believe that owners take on certain risks when buying cats or dogs. One of those risks is damage to your home. Therefore, they do not pay for that type of damage but will pay if you have liability insurance and they damage another home.

Policies May Cover Injuries

If you have a friend or family member over and your pet bites or scratches them, your homeowner’s liability insurance will cover their health bills. Ironically, they will not cover your personal injuries if the pet bites you. This exclusion is based on the same “pet ownership as a privilege” theory and will limit how much you can get.

Certain Pets May Affect Your Coverage

One frustrating element about pet ownership which you might not be prepared for is how certain pets may affect your home insurance policy. For example, potentially "dangerous" dogs like pit bulls may cause a provider to raise your rates. Not all providers follow these rules, however, so it is important to shop around and find one who is fairer.

So if you are own pets and are worried about your home insurance in Rome, GA, please contact us at Coosa Valley Financial Group. We can provide you with the help you need to find a policy that meets your unique needs in a comprehensive way.