AUTO INSURANCE TERMS

Deductible- A deductible is the part of a covered loss that you have agreed to pay with your own money.  *The higher the deductible the lower the premium.

Liability/Bodily Injury Liability- Liability covers medical expenses, pain and suffering, lost wages, and other special damages.

Property Damage Liability- Covers damaged property, and may include loss of use. Liability coverage also pays legal defense and court costs.

Uninsured Motorist- This coverage pays for damages when a covered person is injured in an auto accident caused by a driver who does not have Liability Insurance

Underinsured Motorist- This coverage pays for damages when a covered person is injured in an auto accident caused by another driver who has insufficient Liability Insurance.

Medical Payments- This coverage is available in most states. It pays reasonable and necessary medical and funeral expenses for covered persons when those expenses are related to an auto accident.

 Collision- This coverage helps pay for damage to a covered vehicle caused by:

• Collision with another vehicle
• Collision with an object
• A vehicle rollover

*A deductible is required.

Comprehensive- This coverage helps pay for loss of or damage to an insured vehicle, not caused by a collision or vehicle rollover.

Examples of this type of damage or loss include:

• Fire                        
• Wind
• Hail
• Flood
• Vandalism
• Theft
• Hitting an animal

*A deductible may apply.

VEHICLE RATING FACTOR

·        Do you drive in Urban or Rural Areas

·        How often do you drive

·        Age, Sex and Marital Status

·        Your Driving Record

·        Your Credit History

AUTO INSURANCE DISCOUNTS

• Multiple Vehicle
• Multiple Line
• New Vehicle Safety
• Accident Free
• Anti-Theft Device
• Defensive Driving
• Good Driving
• Good Student
• Driver Training
• EFT/Paperless

HOMEOWNER’S COVERAGE

Determining the right homeowner’s coverage is estimating the replacement cost of your home.  Selecting the coverage amount that will repair your home with the current replacement cost. 

"Replacement cost" is the amount needed to rebuild the home to its pre-loss condition.

The replacement cost of a home is NOT the market value of the home, its purchase price or the outstanding amount of any mortgage loan and does not include the value of the land. "Market value" is the amount a buyer would pay for a home, including the land, regardless of how much it would cost to rebuild the home.

UPDATES, UPGRADES, REMODELING

Any remodeling to your home that improves appearance, style, updates, room additions, upgraded bathrooms or kitchens, including flooring should be reflected on your replacement cost coverage.  *Recommend keeping receipts/files and pictures or video’s of  upgrades. 

*It is important to review your coverage annually and inform your agent of any changes you'd like to make.

Business/Commercial Property Products

Retail and Service

Business owners get comprehensive protection for buildings, business personal property, loss of income and business liability.

Office and Professionals

Professionals or owners of office buildings can get comprehensive protection for their buildings, business personal property, loss of income, and business liability. Optional coverages allow you to tailor the insurance to your specific needs.

Small Contractors

As a self-employed contractor, you have special insurance needs. A Contractors Policy will provide comprehensive coverage for your business personal property as well as the liability insurance you need to protect yourself and your business. Multiple options are available to tailor coverage to fit your needs.

Home Business

Your homeowners insurance may not adequately cover your home business. Check with your insurance agent.

Rental Properties

Our agency can offer a policy to insure both residential rental properties and commercial office buildings. Optional coverages allow you to tailor your insurance to your specific needs.

Our agency can offer a policy tailored to insure apartment buildings, dwellings rented to others and condominium units held for rental. Coverage includes buildings, liability protection, and loss of rents insurance. Loss assessment protection is available to owners of residential property in condominiums.

Churches and other places of worship are often the center of a community. Our agency can help protect them with comprehensive coverage.