Insurance 101: Understanding Basic, Broad and Special Perils Coverage Types
When structuring your insurance policy with your local independent agent, the coverage type selected plays a significant role in determining the extent of coverage provided for your property. “Basic”, “broad”, and “special” coverage types are very different from one another.
Insurance 101: Understanding Your Home’s Fire Protection Class
Insurance coverage is all about providing you with the best possible protection for your assets. One risk every homeowner is aware of is the potential for a home fire, but did you know your home’s unique location actually receives what we refer to as a “Fire Protection Class Rating”?
Insurance 101: What if My Neighbor’s Tree Falls in My Yard?
Sometimes one strong storm is all it takes to bring down a perfectly healthy tree, and sometimes when a tree falls, it falls in a very unfortunate place. Common damages caused by trees include damage to fences, vehicles and roofs.
Insurance 101: A First-Time Homeowners Guide to Choosing a Homeowners Policy
You did it - you officially purchased your first home! There are so many joys that come along with becoming a homeowner, along with a new set of responsibilities. One of those responsibilities is to make sure your home is adequately covered with a homeowners policy.
Insurance 101: What is an Independent Insurance Agent?
Insurance agents still play a very important role in helping consumers find a policy that meets their needs. When you get a quote online, and confirm your policy with no human interaction whatsoever, do you think that policy has your best interest in mind?
Insurance 101: Understanding Equipment Breakdown Coverage
Believe it or not, in the world of insurance there is coverage for just about anything you can think of! One of the lesser known coverages available to homeowners, business owners and farm owners is Equipment Breakdown Coverage.
Insurance 101: Understanding Auto Insurance Deductibles
What is a deductible? This is a very common insurance question and probably the easiest to explain: An auto insurance deductible is what you pay “out of pocket” on a claim.
Insurance 101: The Difference Between Replacement Cost & Actual Cost Value
When you select a homeowners policy, or typically any type of property insurance, you’ve got to choose between two coverage options: replacement cost and actual cash value (ACV). What do these mean, and which one should you choose?
Insurance 101: When is a Car Considered Totaled? What Does It Mean?
Whether you’ve been in a serious accident or your vehicle was caught under bad circumstances – sometimes it may be considered totaled (or, in insurance terms, a total loss) by your insurance company. But what exactly does “total loss” mean?
Insurance 101: Understanding Your Auto Policy Limits
Your coverage limits identify the maximum amount of money your auto insurance policy will pay following a covered loss. Once that limit is reached, you will be responsible for paying any additional costs out of pocket.
