Category: Insurance FAQ’s

  • Renters Insurance FAQ’s

    Why would I want to buy renters insurance? If you live in an apartment or a rented house, renters insurance provides important coverage for both you and your possessions. A standard renters policy protects your personal property in many cases of theft or damage and may pay for temporary living expenses if your rental is […]

    May 16, 2016

  • What factors should I consider when purchasing homeowners insurance?

    There are a number of factors you should consider when purchasing any product or service, and insurance is no different. Here are some factors you should consider when you purchase homeowners insurance. Determine the amount and type of insurance that you need. The coverage limit of your house should equal 100% of its replacement cost. If your […]

    May 10, 2016

  • How much life insurance should an individual own?

    In general, rule of thumb suggests that you should have an amount of life insurance equal to 6 to 8 times your annual earnings. However, many factors should be taken into account when determining the right amount of life insurance for you and your family. Important factors include: Income sources (and amounts) other than salary/earnings […]

    April 26, 2016

  • Umbrella Insurance FAQ’s

    Q: What is a personal umbrella liability policy?   A: The personal umbrella liability policy is designed to increase your liability protection. This single policy is an extra liability insurance coverage that acts as an “umbrella” over all of your other personal liability policies — home, auto, boat, RV, etc. — so you have a […]

    April 22, 2016