Personal Insurance
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12 Most Overlooked Personal Insurance Options

There are many circumstances that, if they occur, they could be financially devastating to you and your family’s well-being. No worries though! Auto and homeowner’s policies have extra coverage options that may be added to your policy to meet your specific needs. The following are the most common additional coverage endorsements that are added to homeowner’s policies.

  • Back up of Sewer and Drain-

    Provides coverage for damage caused by the back up of a sewer, drain, or sump pump overflow.

  • Flood Insurance -

    Flood coverage is not provided on a homeowner’s policy, it’s a separate policy that we can provide for you. It provides coverage from an overflow of a body of water (lake, stream or river) and surface water (caused by excessive rainfall). You do not need to be in a flood prone area to purchase a flood policy.

  • Replacement Cost on your Dwelling & your Personal Property -

    This guarantees the dwelling or personal property will be replaced without depreciation in the event of a total loss.

  • Identity Theft Coverage -

    Reimburses you for expenses related to restoring your identity if it were stolen.

  • Broadened Coverage for Personal Property -

    Provides increased coverage for jewelry, guns, furs, musical instruments, collectibles, fine arts, cameras, sporting equipment and other items.

  • Excess Liability (Umbrella) and Increased Liability Limits -

    Protects your assets in the event you or someone in your household accidentally injures another person or damages their property.

  • Business in the Home Endorsement -

    Provides liability and /or business property coverage for certain home-based businesses.

  • Recreational vehicle coverage -

    Boats, ATVs, Snowmobiles, Golf Carts, Seasonal homes, etc.

  • Loan/Lease -

    Loan/Lease covers the difference between the amount owed on a lease or loan and the amount normally paid by a car insurance policy at the time of a total loss.

  • Rental Reimbursement -

    Covers up to a specified amount for a rental car while your car is being fixed after a covered loss.

  • Towing -

    Covers towing of your vehicle up to a specified limit.

  • Earthquake Coverage -

    Covers the cost to replace or repair your damaged property in the event of an earthquake.  This coverage is excluded on a homeowner’s policy.

Contact us today to discuss these coverages in more detail, or if you have any questions about your existing policy.

Last modified on October 20, 2009 at 08:20:51 AM