Personal Protection
Automobile Insurance | Condominium Insurance | Homeowners Insurance | Renters Insurance
Automobile Insurance
• Liability - This may be the most important protection available on your auto policy. It protects against financial loss if the covered auto is involved in an accident that injures someone or damages his or her property and you are held liable.
• Medical Payments - This coverage reimburses the medical expenses that are the result of injuries to anyone in your car. It also reimburses you and your household members for injuries while in other cars or if struck by a car when you are a pedestrian. The coverage amount applies to each injured person.
• Uninsured / Underinsured Motorist - If you or your passenger is injured by a driver who doesn't have insurance or who carries inadequate limits, this coverage will pay up to the policy limit.
• Collision - This coverage pays for repairs to your vehicle if it is hit, runs into another vehicle or object, or turned over. Collision coverage is optional, but may be required by your lender if your car is financed.
• Other Than Collision (Comprehensive) - Another optional coverage, this provides protection for theft or vandalism to your car and pays up to the actual cash value for damages other than collision. Some examples include: vandalism, fire, windshield breakage, hail, tornado or hitting a deer.
• Special Options - You may want to consider including Towing & Labor, Lease Guard, New Car Repair or Replacement, or Extended Transportation. Ask us about these special options for your special needs.
Condominium Insurance
Condominium owners should be aware of their own coverage needs as well as the ways they can protect themselves from the unique risks that can be associated with condo living. The following plans are designed especially for this situation:
• Coverage A - Many condo association bylaws state that individual owners are responsible for everything that is inside of their interior walls. The association's insurance covers the physical structure and your insurance must cover the "real" property - in other words, anything that is actually attached to the structure. Not a very glamorous name, but Coverage A insures your carpeting, cabinets, light fixtures, etc.
• Loss Assessment - If your condo association is inadequately insured, they have the right to assess every condo owner equally until they can pay for a loss. For example, let's say a condominium association is insured for one million dollars and includes 10 members. The building suffers a loss that costs $1,100,000 to repair. The additional $100,000 of loss will be split among the 10 owners and you will have to write a check for $10,000. Loss Assessment coverage means your insurance company writes that check instead.
The following options are not unique to condominium owners, but they are also important considerations:
• Personal Liability - This coverage ensures the legal responsibility that you and the family members who live with you might face if someone is injured or killed in your portion of the home or elsewhere (excluding auto or business liability.) It includes your defense costs and damages if a case goes to court.
• Personal Property - Your personal property are the items that make your house a home. This coverage replaces your personal belongings such as furniture, draperies, clothing, electronics and appliances. If you operate a home-based business and have equipment or inventory, you will need additional coverage.
• Loss of Use - If a disaster forces you to live somewhere else while your home is being rebuilt or repaired, this provision covers your greater-than-normal expenses, such as the cost of staying at a hotel or eating restaurant meals.
• Scheduled Personal Property - If you have higher-valued items like jewelry, fine art, collectibles, firearms, silverware or camera equipment, we'll make sure we "schedule" them and get the correct coverage.
• Special Options - Your may want to consider optional coverage for Computer & Data Processing Equipment, Refrigerated Products, Water Back-Up & Sump Pump Overflow, Home Business, Seasonal Homes and Umbrella Liability. Ask us about these special options for your special needs.
Homeowners Insurance
Your mortgage probably requires that you carry homeowners insurance. Besides that, it just makes good sense… after all your home is your castle. Here are some of your options and a look at the common terminology for "castle" insurance.
• Home Coverage - Covers the cost of replacing the structure of your house at current construction prices if it is damaged or destroyed by a covered peril.
• Personal Liability - This coverage ensures the legal responsibility that you and the family members who live with you might face if someone is injured or killed on your premises or elsewhere (excluding auto or business liability.) It includes your defense costs and damages if a case goes to court.
• Personal Property - Your personal property are the items that make your house a home. This coverage replaces your personal belongings such as furniture, draperies, clothing, electronics and appliances. If you operate a home-based business and have equipment or inventory, you will need additional coverage.
• Loss of Use - If a disaster forces you to live somewhere else while your home is being rebuilt or repaired, this provision covers your greater-than-normal expenses, such as the cost of staying at a hotel or eating restaurant meals.
• Scheduled Personal Property - If you have higher-valued items like jewelry, fine art, collectibles, firearms, silverware or camera equipment, we'll make sure we "schedule" them and get the correct coverage.
• Special Options - Your may want to consider optional coverage for Computer & Data Processing Equipment, Refrigerated Products, Water Back-Up & Sump Pump Overflow, Home Business, Seasonal Homes and Umbrella Liability. Ask us about these special options for your special needs.
Renters Insurance
As a renter, you need to protect your assets just like a home owner would, with the exception of the physical building. Here is an at-a-glance look at the options and a renter can choose from.
• Personal Liability - This coverage ensures the legal responsibility that you and the family members who live with you might face if someone is injured or killed in your portion of the home or elsewhere (excluding auto or business liability.) It includes your defense costs and damages if a case goes to court.
• Personal Property - Your personal property are the items that make your house a home. This coverage replaces your personal belongings such as furniture, draperies, clothing, electronics and appliances. If you operate a home-based business and have equipment or inventory, you will need additional coverage.
• Loss of Use - If a disaster forces you to live somewhere else while your home is being rebuilt or repaired, this provision covers your greater-than-normal expenses, such as the cost of staying at a hotel or eating restaurant meals.
• Scheduled Personal Property - If you have higher-valued items like jewelry, fine art, collectibles, firearms, silverware or camera equipment, we'll make sure we "schedule" them and get the correct coverage.
• Special Options - Your may want to consider optional coverage for Computer & Data Processing Equipment, Refrigerated Products, Water Back-Up & Sump Pump Overflow, Home Business, Seasonal Homes and Umbrella Liability. Ask us about these special options for your special needs.
