Is your Business Properly Covered?

Congratulations on starting your business. You’ve worked hard to get that dream business going, and it is crucial not to let any situation come to destroy what you have built. Therefore, it is vital to obtain business insurance to protect you from receiving unexpected expenses that will hinder you from running your business. 

With the right insurance, you won’t risk going out of business because of natural disasters, accidents, and lawsuits. Having a business structure, like a corporation or LLC, will give you some personal property protection from lawsuits. However, the operative word here is "some," meaning a limited type of protection.

For the State of Virginia

Also, each state has there own requirements when it comes to business insurance. And in the state of Virginia, whether it is Fredericksburg, VA or another area, it will behoove you to obtain the legal requirements, if nothing else, to make sure you comply with the state. Other than that, different business insurance types may be needed to ensure adequate coverage. 

Common Types of Insurance

From worker compensation to commercial auto insurance, it is vital to get adequate and reliable business insurance to make sure your company is adequately insured. Don’t be caught off-guard when and if the unthinkable happens. You should contact a reliable, experienced, and licensed insurance agent to lead you in the right direction. 

Some common types of commercial insurance are utilized according to the state’s regulations, industry, property, etc. These common types include the following: 

  • General liability insurance
  • Product liability insurance
  • Professional liability insurance
  • Commercial property insurance
  • Home-based business insurance
  • Business owner’s policy

Contact Us Today

To find out more about business insurance from a reliable agent, contact Pete Webb Agency today. Located in Fredericksburg, VA, this agency has been serving this agency for several years. The staff at Pete Webb Agency are highly-trained, experienced, and will lead you in the right direction. Contact Pete Webb Agency to learn more.


Life insurance to help your heirs when you pass away

Generally, life insurance is taken out as a way to help your heirs deal with your final expenses after you pass away. However, as the Pete Webb Agency serving Fredericksburg, VA explains, you can and should carry enough life insurance to help your heirs carry on beyond paying your final expenses if you are still the primary breadwinner. Your surviving spouse will have some money to replace your lost income. Your surviving children will have money for their education and other expenses.

What happens when you have passed into your senior years, and your children have grown up and become adults. As it turns out, a life insurance policy can be used as part of their inheritance. Proceeds from life insurance are generally not taxable so long as they are paid off immediately after your death. They are also not subject to the probate process, so your heirs can get the money sooner than other parts of your estate.

Many people like to use life insurance to pass on an inheritance to their heirs because they have less money in savings and need their savings to supplement their social security income. Others have substantial savings but prefer to have a more comfortable retirement, say engaging in travel and other fun activities. Still, others are obliged to spend their savings on healthcare, treating the many ailments to which age is prone.

Whatever your reasons, you should consider having a substantial life insurance policy as part of your inheritance strategy. For more questions about all aspects of life insurance, feel free to contact the Pete Webb Agency serving Fredericksburg, VA.

What to Expect from Home Insurance Coverage

As a new homeowner, you’ll have countless decisions to make concerning the care, safety, and security of your property. One of these decisions is choosing home insurance. At Pete Webb Agency, we understand that home insurance can be a confusing topic for new buyers. For this reason, we’ll take the time to explain how home insurance works and what to expect from your coverage. The more you know about home insurance protection, the smarter choices you can make to safeguard your Fredericksburg, VA property.

What Kind of Protection Does Home Insurance Offer?

A standard home insurance policy offers the following coverage: 

  • Dwelling
  • Additional Structures
  • Property
  • Liability


Dwelling insurance protects your home structure against damage from fire, rainstorms, windstorms, lightning strikes, and water damage from faulty plumbing. Virginia is prone to disasters like tornadoes, tropical storms, winter storms, and wildfires, which can severely damage or destroy residential property. If your home is damaged by one of these perils, dwelling insurance will help cover its repair cost. By purchasing enough dwelling insurance to cover the value of your home, you’ll have the compensation you need to rebuild it if it’s totally lost in a disaster. Extra buildings on your property that are not attached to your home, such as a tool shed, can be protected with additional structures coverage.


Property coverage protects your belongings to include clothes, sports gear, electronics, etc. When choosing property coverage, it’s important to estimate the value of your goods to ensure you have enough protection to cover their loss. 


If someone has an accident when visiting your home, you can be held liable for their medical costs. Liability insurance covers these expenses to safeguard your personal finances. 

To learn more about home insurance coverage and costs, call or visit Pete Webb Agency in Fredericksburg, VA at your earliest convenience.

Does Auto Insurance Protect Belongings Left in the Vehicle?

Since you can get theft coverage on your auto insurance policy, a lot of people believe that means the things stolen out of their vehicle will be covered. But that’s not the case. Theft insurance is for theft of the vehicle itself and doesn’t provide coverage for anything that might have been inside. Those personal items that could have been left in the car will be covered under your homeowner’s policy, instead. That’s why it’s so important to make sure your insurance policies are all up to date, so you have thorough coverage for everything in your life. If you’re in the Fredericksburg, VA area, Pete Webb Agency can help with your auto policy and more.

You don’t have to settle for a policy you’re not clear on, or one that doesn’t cover the things that are important to you. When you work with a trusted agent, you’re much better able to get the quality support and guidance you need to make informed choices about your vehicle insurance policy. While you still won’t get coverage for belongings left inside, you’ll be able to have peace of mind that your vehicle itself is adequately protected. Whether you’re just getting an auto policy or you want to see if yours needs updating, we can help you get the peace of mind that comes with the right level of coverage.

At Pete Webb Agency, our agents are committed to meeting your auto insurance needs. We want all of our Fredericksburg, VA clients to have insurance that covers their vehicles and helps them feel safe and secure when they’re on the road. Reach out to us today, and let us help you get the policy you want and deserve. Then you can get back to enjoying your vehicle, whether you’re commuting to and from work or heading down the road on an adventure.

Why a Classic Car Owner Needs Insurance

For anyone that loves cars in the Fredericksburg, VA area, owning a classic or antique vehicle is an ultimate dream. While these vehicles can be a great addition to anyone’s collections, they are also valuable and unique assets that require proper insurance protection. To ensure that your classic car is adequately protected, there are several reasons why you need to get classic car insurance. 

Allows for Vehicle Appreciation

One of the unique features of a classic car is that it can appreciate in value. This compares to typical vehicles that depreciate. Due to this, you should get classic car insurance that provides protection for the full market value of the car. When you get a classic car insurance policy, you will receive an Agreed Value Replacement that will provide you with enough coverage to replace the vehicle and the asset value if it is damaged or stolen. 

Premiums Reflect Mileage

Another benefit of classic car insurance is that the premiums can reflect the mileage that you are driving. Most of the time, classic car owners will very rarely take their vehicles out onto a public road. Due to the limited mileage, you can accept a classic car insurance policy that will limit your mileage but will offer more affordable premiums than a standard auto insurance policy. 

Owning a classic car is a dream for many in the Fredericksburg, VA area. When you are looking for a classic car insurance policy in this area, you should talk to the team at the Pete Webb Agency. When you visit the Pete Webb Agency, you can receive the guidance that you need to choose the right insurance policy for your situation. This will ensure that the proper form of coverage correctly protects your valued asset. Contact our office to get a quote.



Why do I need auto insurance in Virginia?

Those that are in the Fredericksburg, VA area likely will need to have a car to get through their daily chores and responsibilities. Since there is a need to have a car at all times, people also need to consider their insurance needs. There are several reasons why someone in Virginia needs to make sure that they have auto insurance at all times. 

Protects Your Vehicle

One situation when you need to get auto insurance is when you want to protect your vehicle. If you have purchased a vehicle recently and want to make sure that you can rebuild, repair, or replace it in the event of an accident, getting a full auto insurance policy is beneficial. A policy that gives your comprehensive and collision coverage will provide coverage for virtually any situation that could result in a loss for you.

Allows for Legal Compliance

Additionally, those that are in Virginia should also consider their auto insurance needs because it is required by the law. Even those that are excellent drivers will always have a small risk that they could cause an accident. If this does occur, your liability auto insurance will ensure that you can pay for damages. Due to this continued risk, all drivers in Virginia are required by law to carry liability auto insurance at all times.

Those that are shopping for auto insurance should contact the team at the Pete Webb Agency as soon as they can. When you contact the team at Pete Webb Agency in Fredericksburg VA, you will get excellent advice and insight when it comes to picking your auto insurance policy. This will help to ensure that you get an auto insurance policy that protects your vehicle and gives you necessary liability coverage for any situation. 

What Constitutes Long Term Care?

Many people confuse long term care with a disability, even though the two are drastically different. The agents of Pete Webb Agency serve residents throughout the Fredericksburg, VA area. They understand the reasons behind long term care and why it is so important to have an insurance policy that covers it. Dealing with a chronic illness or injury can be a hardship in and of itself. Knowing that you are covered by insurance can relieve some of the stress and lighten the burden. 

Chronic Illness and Recovery

Chronic illness or the long term recovery of a devastating injury can require extensive medical care. In some cases, like with a stroke or accident-related, the recovery process can take months or even years. While extensive care may be needed in the beginning, as the patient recovers, the amount of care they need will decrease as their health improves. 

Assisted Living

Assisted Living is another form of long-term care that doesn’t necessarily have to do with actual medical care. As we age, there are times where we require assistance with basic, everyday tasks, like cleaning our home, bathing, cooking meals, or doing laundry. This type of long-term care allows an individual to live independently for as long as possible without having to leave their home and go to a nursing home.

The agents at Pete Webb Agency are available to answer all of your questions about long term care insurance and how having a policy will benefit you in the long run. If you live in the Fredericksburg, VA area, stop by the office or schedule a consultation today! An agent is always available during regular business hours and can provide you with the answers you need. 


3 Ways to Keep Employees Safe in Your Virginia Business

Maintaining a business in Fredericksburg, VA requires the safety of your employees while they are on your clock. Below are three ways to keep them safe while they are working and aware of their surroundings from Pete Webb Agency. 

Stay Aware

First and foremost, make sure that your employees know that they are looking for and to stay alert while they are working. Knowing where the exits are and being able to see clearly from their work area is essential. Clue them in on signs of suspicious behavior from customers and be aware of who may be lingering in the area around the business. 

Create and Implement a Plan

Have safety meetings regularly with your employees to develop a plan if their safety is in danger. Whether it be an armed robbery or troubled person, develop a plan to alert others for help and stay safe until first responders can arrive at the scene. Once this plan has been outlined, have your team practice it periodically so that they know where the location of the telephones, panic buttons, and any other security features are in the building. 


For those businesses in Fredericksburg, VA that may have limited staff on a shift, it is smart to offer your team members self-defense classes to give them the proper use of the only resource they may have. In some situations, they may not be able to follow through with the plan and have only themselves for protection. Self-Defense classes give them a basic foundation of tricks to escape a situation so that they can get help. 

Have ultimate protection

At Pete Webb Agency, we strive for our clients to have access to the best commercial insurance coverage options. Contact us today for more information.

Advantages of Using Life Insurance in Estate Planning

If you have a life insurance policy, it’s probably so you can leave money to your named beneficiary. Serving Fredericksburg, VA, Pete Webb Agency urges people to get life insurance policies because of their value in estate planning.

Payout Is Quick

Life insurance is an excellent way to help your beneficiary pay your final expenses. Since there is no need to go to probate court, the proceeds from your life insurance policy are available to your named beneficiary shortly after your death. Another advantage is that unless you leave a hefty estate that exceeds the federal exemption or live where there is a state death tax, life insurance is not taxable.

Gains for You While You’re Alive

The benefits of life insurance can extend to you while you’re alive. If you have permanent life insurance, some policies allow you to borrow money on the policy or to make cash withdrawals based on the amount you’ve paid in. With this kind of policy, you may also be able to withdraw funds if you become disabled or need long-term care. This spares you—at least for a time—from having to tap into your personal assets or having your named beneficiary withdraw personal funds. Although loans on this kind of policy are usually tax-free, typically, you still have to pay interest on the loan to keep the policy from lapsing.

Survival of Your Business

If you’re a business owner, any kind of life insurance policy can keep your business `afloat as plans are made for new leadership. You may need to consult an attorney about this, but often the purchaser of the policy names the business as the beneficiary.

Contact Pete Webb Agency, which serves Fredericksburg, VA, to discuss the benefits of life insurance in estate planning.


Will Home Insurance Cover Fence Repairs?

Good fences make for good neighbors… at least until that fence falls and you’re left with questions on who will cover the often expensive replacement or repair. Fences are wonderful additions to homes that increase your privacy and make it easy to keep kids and pets corralled. They can feel like an extension of your home but unlike most other of your home’s building structures, fence repairs are generally only covered by home insurance policies in certain situations. For more details, contact Pete Webb Agency in Fredericksburg, VA.

Nature-related vs. Neglect

Generally, whether or not your fence repairs will be covered by your home insurance policy hinges upon whether the damages are due to an act of nature or the neglect of general care and maintenance. In other words, if strong winds or hail damage your fence, then yes, homeowner’s insurance should approve your damages claim. However, if your fence fell due to something that could have seemingly been prevented with good preventative measures, like rot stemming from termites or mold, then your claim will likely be denied.

Tree-related: Healthy vs. Sick

One of the more common causes of sudden fence damage is damage caused by a fallen tree or branch. Tree situations are one of those things that can go either way. If the tree was healthy and was unexpectedly uprooted by a storm, then damages will often be covered. But if the tree, as with the fence, hadn’t been properly maintained and fell due to it being dying or ill, then fence repair or replacement will be the homeowner’s responsibility.

Human-related: Vandalism & Vehicles

Generally put, if someone else damages your fence either with their car or by their own actions (like vandalizing with spray paint), then it’s them who will be required to pay for the damages via their own insurance. But if you can’t find them or are unable to pursue them for damages, then you can get coverage by filing a police report and submitting an insurance claim.

Contact our team at Pete Webb Agency in Fredericksburg, VA for more information.