Insurance Basics and Tips

 

When requesting a quote, know what your coverage's and deductibles are.

This information can be found on the declarations page of your policy.

Floods are not covered by homeowners insurance.

Flood coverage can be provided through the national flood insurance program.

Automobile collision coverage pays for the damage to your automobile when it is involved in a collision with another car.

Regardless of who caused the accident. (minus your deductible)

Automobile comprehensive coverage pays for non-collision-type damage to your car.

Caused by fire, theft, contact with animals, vandalism, glass breakage. (minus your deductible)

Medical payments would cover someone injured in your own car.

Regardless of who is at fault.

Uninsured/underinsured motorist coverage protects the passengers of your automobile

for bodily injuries damages when the accident is caused by a driver with no auto insurance or insufficient coverage.

Rental reimbursement will reimburse you for rental car charges while your automobile is being repaired.

Roadside assistance will cover the cost of

- The labor incurred at the location where your vehicle becomes disabled.

- Towing to the nearest qualified repair center.

Inflation guard

Make sure your home owners policy is adjusting to the inflation rate, if you purchased your policy several years ago and there is no inflation guard on your policy you may be severely underinsured today. Make sure you have enough coverage to rebuild your house to it's original condition in the event of a loss.