Personal & Commercial Insurance
Auto and Vehicle insurance provides financial coverage for accidents, thefts, vandalism or collisions involving a motor vehicle. Policies are typically offered in Property, Liability and Medical coverage.
Motorcycle insurance covers both motorcycles and scooters. Coverage can include property, liability, passenger, and medical.
Whether you have an RV, Motor Home or 5th wheel, RV Insurance covers your recreational vehicle and its contents while on the road.
Boat & Watercraft
Most home insurance coverage will cover any boats that have less than 25 miles per hour capabilities. This includes small boats and canoes. Larger and faster boats and jet skis need additional coverage and a separate watercraft policy. The type of watercraft, as well as the value, will play a factor in the cost of insurance.
AUTO & VEHICLE INSURANCE
Auto and Vehicle insurance provides financial coverage for accidents, thefts, vandalism or collisions involving a motor vehicle. Auto and RV Coverage can also cover cars, RV’s, Motorcycles, ATV’s and Watercrafts.
Home and Property insurance covers a policyholder’s physical residence as well as its contents against damage or loss from fire, theft, vandalism as well as weather related floods, hurricane, hail, and lighting. Liability coverage also takes care of the individual’s responsibility for any injuries people might suffer while on the property covered by the policy.
Condominiums and Co-Ops have two different kinds of insurance to protect your property. There is a personal insurance policy that will cover your condo as well as your personal possessions and a “master policy” provided by the condo or co-op board. This coverage will cover the common areas that you share with others in the building such as the lobby, hallways, and elevator.
Renters can also insure possessions and have protection against liability. Like homeowners insurance, it covers possessions in the event of a disaster and provides liability coverage in the event of injury or damage caused to other people.
Manufactured Home Insurance comes in two types, property and liability. If you are renting the property that the manufactured home is located on, use the home seasonally, or if it is a commercial property, Manufactured Home Insurance will differ from typical Home Owners Insurance.
HOME & RENTERS INSURANCE
Home and Property insurance covers a policyholder’s physical residence as well as its contents against damage or loss from fire, theft, and vandalism. Also included are weather related floods, hurricane, hail, and lightening.
An umbrella liability coverage policy is useful if your Home Owners policy or Auto Insurance policy reaches the limit for personal liability. It also covers other forms of liability that are not ordinarily covered such as libel and slander.
Home Owners Insurance usually does not cover floods. To protect your home against floods, a separate flood insurance policy is necessary. In certain areas, flood insurance may be required on your home.
Travel insurance plans cover vacation and trip cancellation, travel interruptions and delays, lost baggage and emergency medical and health expenses while traveling.
Many types of specialty insurance are available to cover specific needs. Some of these include Travel or Special Event Insurance, Pet Insurance, Title Insurance and Umbrella Insurance.
Life insurance is an important part of financial planning that provides a death benefit to the beneficiaries in the event of death. The benefit can be used to pay funeral expenses, replace loss of family income or pay off debts.
There are two types of life insurance: Term and Permanent. Term Life Insurance provides coverage for a set period of time while Permanent provides lifetime protection.
Term Life Insurance
You can select either Level Term and the benefit will remain level throughout the term or Decreasing Term that will decrease as the term progresses, usually in one-year increments. There is also an option for renewing Term Insurance. It usually renews on specified terms such as 20 or 30-year renewable policies.
Permanent or Whole Life Policies
The death benefit is paid out regardless of when the policyholder dies. In traditional Whole Life policies, also known as Ordinary Life, both the death benefit and the premium are designed to remain at the same level throughout the life of the policy. As the amount paid out increases, it can usually be cashed out as a savings account. Universal or Adjustable Life offers more options such as increasing the death benefit or decreasing the premium payments due to changes in the financial situation.
Also available for those who wish to earn a higher than average savings rate by investing in stocks or bonds with their premium payments. There is also a risk in this type of policy that will decrease if the stocks or bonds do not perform well. The benefit though, will not dip below a specified amount.
Life insurance is an important part of financial planning, which provides a death benefit to the beneficiaries in the event of death. The benefit can be used to pay funeral expenses, replace loss of family income or pay off debts.
Commercial Auto insurance products are available for businesses to insure for lessors, fleets, and school as well as charter buses.
Business Interruption insurance protects a business owner against losses from a temporary shutdown due to insured events such as fire or flood. Business Interruption can reimburse loss of net profits and necessary continuing expenses.
Business Property insurance protects against physical damage or loss of business assets. It can cover general property including machinery and equipment breakdown, motor truck cargo, vehicle physical damage, scheduled property and contractor’s equipment.
Business Liability insurance protects your business against financial loss resulting from claims of injury or damage caused to others by the business owner or employees.
Professional liability protects against loss from a claim of alleged negligent acts, errors or omissions in the performance of professional services. This might include loss of client data, software or system failure, claims of non-performance or negligent oversell.
Employment Practices Liability Insurance (EPLI) protects employers from claims filed by workers that their legal rights have been violated. The policy will reimburse expenses incurred by court costs as well as any settlements or judgments.
Business Umbrella Insurance protects you from damages in the event of a catastrophic accident. Business Liability covers a limited amount while Business Umbrella will cover a much higher limit. A catastrophic event in a business could result in millions of dollars in damages; an Umbrella Policy will pay when the other applicable policies are exhausted.