Personal Property Insurance:
You work and dream of way of life and the things that will make it comfortable and complete. But have you looked at how you are protecting those dreams and that way of life. It is not only a good thing to do but it should be a necessary thing in your life to review your insurance coverage annually.
If you have not discussed the changes in your life with an agent for more than 2 years you may be surprised to see what you have that is it not protected and what you are protecting that you no longer have.
Talk to your agent the way you talk to your doctor so you can protect your family and your dreams now and in the future.
Personal Property and Casualty Insurance Products include:
Property Coverage: Per the name, property coverage insures your home and your possessions as well as your additional structures on the premises. Imagine picking your home up and shaking it, anything that does not fall out is considered property, therefore, anything that does fall out is considered a possession. Additional structures would include a detached garage, a storage or yard shed on a personal home policy, and if you live in the country and need a farm/ranch policy then your barns would be considered outbuildings and written according to the type of structure it is. And as a homeowner, you can be held liable if someone is injured on your property even if they are not invited and are trespassing if there are unsafe conditions such as spilled water on a floor or a broken leg on a piece of furniture. Your liability coverage covers the medical and some legal expenses depending on the policy, relating to this type of injury up to the limits on your policy. It may also cover you when you are off your premises and some action on your part results in accidental injury or damage to another person’s property.
Auto Insurance: Your auto insurance policy is several coverages in one package. The coverages may vary from state to state. The premium you pay is total for all the coverages in your auto policy for the term of the policy usually six (6) months but you can get longer terms depending on the carrier. Auto insurance is a state requirement in Ohio. The main types of coverage are Liability which includes bodily injury and property damage for the injured party when you are at fault. Uninsured/Under insured Motorist protects you if you are injured in an accident and the other driver is uninsured or under insured. It can also protect you if you are the victim of a hit and run driver or are struck by a vehicle as a pedestrian. Medical Expense pays for medical care provided to you and your passengers as a result of a covered accident regardless of who is at fault. Collision covers your vehicle for accidental damages caused by collision or rollover and is subject to your deductible. The higher the deductible the lower your premium, so select a deductible that is comfortable for you to pay before the insurance takes over. Comprehensive covers damage or loss to your vehicle caused by things other than collision or rollover, such as fire, theft, vandalism, deer, hail or flood. If stolen it may cover the expenses involved in returning you vehicle to you. For additional premium you can sometimes extend the coverage to cover custom equipment, sound systems and certain electronic devices. Like collision it also subject to a deductible. Some additional coverages that may be available through your carrier could be Windshield Repair, Emergency Roadside Service, Auto Rental Reimbursement, Auto Lease/Loan Protection and Accidental Death and Dismemberment. In addition to you vehicles you can protect your RV, boat, snowmobile, motorcycle ATV, golf cart and personal utility trailer. Some carriers also have special coverage for your Classic or Antique car.
Personal Liability Umbrella: In the world today, one high-priced claim or court award could significantly impact your income and assets now and in the future. The Umbrella policy provides you up to a million dollars or more of additional liability protection at a very affordable rate.