Condo Insurance

Condo Insurance

Condo Insurance Policies

Just as obtaining homeowners insurance after purchasing a home, condo insurance is equally as important. If you’ve recently bought a condo, you’ll most definitely want to look into specific insurance to protect your property, as well as that of your neighbors. A condo is different than a stand-alone dwelling, such as a house. There are communal areas and shared walls. You will want to look into the benefits of condo insurance in order to save yourself time, money and frustration should an accident or unforeseen event occur.

You may think you are covered for things such as shared areas of the property, common walls or liability under the fees you pay each month to the condo association. However, it’s likely that if this were to be your sole source of insurance, you would be very much underinsured. Having your own separate plan to cover all areas of your living area complex, including your individual unit’s interior, is a small, but wise investment.

Your own insurance policy for your condo residence will cover you and your possessions in the event of an accident or other unforeseen circumstance. An insurance agent who is trained in condo insurance can help you to make sure you have the types of coverage you need and that you are adequately insured beyond what the condo association’s master plan may cover. Anyone living in a condo or townhouse complex with shared walls and other communal property should have this type of insurance. An individual, privately held policy can save you a great deal of money, frustration and time.

Building Insurance covers all of the property, including the fixtures, rugs and walls within your unit, for the whole physical building. Liability Coverage takes care of any damage caused by you or your visitors. Personal Property insurance will replace anything you own individually within your residence. Loss of Assessment and Deductibles will pay for your share of insurance claims on the master policy. Loss of Use makes sure you don’t have to pay for lodging should you be unable to stay in your home.

Your residence keeps you safe. Make sure to return the favor by keeping it protected.

Boat Insurance

Boat Insurance

Boat Insurance Policies

Thousands of people across the United States enjoy taking boating trips every year. While many boat owners believe that their Homeowner’s insurance covers their boat as well, sadly, this is often not the case. Most policies will have minimal coverage for much smaller boats, leaving their precious vessels vulnerable.

In many ways, this type of insurance is similar to car insurance. Your policy may cover bodily injury, property damage and may even offer owners the chance to cash out or get a brand new boat in cases when the boat is damaged beyond repair.

Watercraft insurance is for anyone who owns a boat, regardless of the size. As stated before, if you own a very small boat, you may be able to include it with your Homeowner’s insurance. Individuals who own larger boats should seriously consider purchasing an insurance policy.

When your boat is involved in an accident that causes bodily or property damage, your policy will cover the medical costs. This type of policy is very similar to car insurance policies.

Many insurance policies even offer assistance to owners who are stranded and need a tow. If you own a boat but haven’t purchased insurance yet, here are some of the benefits to purchasing a policy:

Coverage: Your boat is covered, regardless of whether you’re in the water or on land. If you back into somebody while your boat is attached to your car, you’re covered by car insurance. If something happens to your boat while taking it out for a spin, you’ll be covered by boat insurance.

Peace of Mind: Operating a boat can often be dangerous. This type of insurance gives you peace of mind that, if something were to happen, you would be protected from any liability.

Areas of Coverage: Boat policies often cover large areas of water. Check with your potential insurance provider to find out where you can travel with your boat.

There are many advantages to having your boat insured. Learrn how you can reap the benefits by speaking with one of our advisors.

Motorcycle Insurance

Motorcycle Insurance

Motorcycle Insurance Policies

When you operate a motorcycle, you are legally responsible for the damage you cause, and this may include medical expenses and property damage for other parties if you cause an accident as well as other related expenses. Liability coverage is available that will pay other parties for their expenses up to the specified limits, and this can minimize your out-of-pocket expenses after an accident. Collision coverage essentially will pay for repairs to your own vehicle during an accident.

Whether you are purchasing a new motorcycle or you are shopping for a more affordable policy option, you may be taking a closer look at what motorcycle coverage actually includes. This is coverage that may include benefits for liability and collision, and there are other optional coverage options available as well. Liability motorcycle insurance is generally required by law in most states, and collision coverage may be required if you have a vehicle loan in place on your motorcycle. Essentially, this is coverage that may be required as well as beneficial for anyone who owns a motorcycle.

Comprehensive coverage goes a step above this, providing for repair costs if the motorcycle was damaged in a collision, major weather event, theft or other events. It can also pay for your own medical bills and damaged personal property. It can be burdensome to pay thousands of dollars or more in repair bills after an incident, and the right coverage can keep your expenses lower. In fact, in many instances, you may only need to pay your insurance deductible.

There are also optional coverage choices available. These may include those for under-insured motorists, uninsured motorists, roadside assistance, rental car coverage and more. While these are optional, many motorcycle owners may find that the coverage they provide is beneficial. You can inquire more about these options to determine if they would benefit you.

Auto Insurance

Auto Insurance

Auto Insurance Policies

Get Your Vehicle Insured

Owning and operating a motor vehicle is a privilege, not a right. You take responsibility for your driving actions whenever you get behind the wheel. Auto insurance is part of this responsibility, and having this type of insurance protection can provide you with peace of mind while on the road.

Car insurance pays for damages to a vehicle or personal property. It may also cover medical costs for persons injured in an accident caused by a motorist. This kind of insurance is specialized in terms of coverage types, eligibility and pricing. The benefits of having this coverage greatly outweigh the drawbacks. If you do not have coverage and are involved in an accident, you could be in violation of the law, and you may be ordered by a court to pay all repair and medical bills our-of-pocket.

Liability insurance is required in some form no matter where you live. Each state has minimum amount requirements for this type of coverage. Collision insurance is another form of coverage and may not be required by law. If you cause damage to your own vehicle, you must pay for the repair costs. These repairs can be very expensive unless you take out a policy that includes collision insurance. The deductible amount varies according to the amount you wish to pay each month for your coverage.

If you need to use your own insurance coverage after an roadway accident occurs, you will need to contact your provider and provide details concerning the type of accident. You will also need to put the agency or insurance company in touch with the law enforcement service that filed the accident report, or you may send a copy to the insurance company yourself. The insurance provider will adjust the payout amount according the information on the accident report and the details of the repair bill or medical report from a doctor or clinic.

Having your vehicle insured can not only help you stay safe, it can help you remain hassle-free.