Life insurance
It's important: Even though no one wants to talk about it, ask your agent to show you an illustration of what coverage costs at your age, lifestyle, weight, and medical history. You may be surprised to find that life insurance is affordable.
Term Life - Covers you for a specific amount of time. For example, 10, 20, or 30 years.
Whole Life - Covers you throughout your entire life.
automobile insurance
Full Coverage - It includes protection for Comprehensive and Collision coverage, and it has a deductible. The insurance company pays the rest.
Liability Coverage - If an accident or claim occurs, you pay the full amount. None of the risk is transferred to the insurance company.
Statement of No Loss - This document must be signed by the policyholder if their policy has lapsed. It confirms that no claims were made during the time their vehicle was not insured.
Deductible - The amount you pay before the insurance company pays the remainder of the claim amount. Normally, a deductible of 500.00 for both comprehensive and collision coverage is a standard limit.
Homeowners insurance
Protect Your Dwelling - A home is a big investment. Protect the structure and the contents inside with the appropriate coverage.
Replacement Cost - What would it cost to rebuild your home in case of a complete loss? Talk to your agent. Ask your insurance company about the home cost estimator process, so you can make sure you know the value of your home. Get the right amount of protection.
Pets- People love pets, but you may have a dog that would make an insurance company non-renew or decline coverage. If you have a dog, be sure to inform your insurance company. Dog bites are more common than you think. Dogs such as an Akita, Chow, and Doberman or any mix of these breeds could put you in danger of losing or not being able to purchase homeowners' coverage.
Scheduled Property - Don't forget to add an endorsement to your homeowners that will insure valuables such as furs, artwork, and guns. Provide your agent with a copy of the official appraisal certificate for each item, and make sure that these items are added to your policy.
Umbrella Policy - An umbrella policy protects you above and beyond what your homeowners' policy limits offer. Think of it as insuring the insurance you already have.
Home Business - Do you run a business from home? Is the space in your home used primarily for business? If so, your home and the business may not have the proper protection needed. A home that is used primarily for business needs to have a business policy. Call us to discuss the details.
Renters and Condo - Renters and condo insurance protects the contents not the structures.
The owners of the rental property and condo must have coverage on the structures of their buildings.
The renters and the condo owners get a policy to protect their personal belongings and other contents. Premiums vary depending on the value of the content. For example, 25K or 50K.
Perils - In simple terms, a peril is what causes a loss. Basic perils and Broad perils coverage protect the homeowner differently.
Basic Perils covers things such as wind, fire, hail, lightning, explosion, riot, smoke, theft, and vandalism.
Broad Perils coverage protects the homeowner against all of the things previously mentioned, as well as, falling objects, weight of ice and snow.
These lists are not all inclusive. Check your insurance company's policy language and details.
No matter what your situation, consult an insurance professional on an annual basis to make sure you have a policy that protects your home, its contents, and the cost to rebuild.
business insurance
Store Front - Do you own the building or rent the space for your business? These factors contribute to what kind of business insurance you need.
You have automobiles that you use for business? You need business auto insurance. Do you take your tools from one job site to another? You need coverage for that.
Workers Compensation - If you have employees, consider this coverage.
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