How to find the best insurance agency
When you need coverage, you should check with your insurance agency to find the right policy. You may not be aware of some of the policies available. While you may think your traditional insurance will cover everything, you might be surprised to find out where traditional auto, rental, medical, and homeowners coverages fall short.
Different types of coverage
If you determine that you need any of these supplemental options, you should check with your insurance agency to find out if they offer the coverage in question. Not all subscribers offer these policies. You may need to obtain these add-on offers from other agents.
If you have a dog, then you may want to purchase a dog bite or “pet liability” plan. While you might think that your four-legged friend would never harm anyone, there is always a chance that it will happen. According to the Insurance Information Institute, half of all incidents occur on the owner’s property. While the owner’s liability may cover medical costs, there can be complications, such as when incidents occur away from home. Having a specific policy on dog bites will solve any unforeseen problems.
Those who live in coastal areas will want to get flood insurance. This protects your belongings from flood damage. What most homeowners don’t realize is that traditional homeowner plans don’t cover this damage. That is why it is important to purchase these policies separately.
Burial coverage gives your surviving family members money to pay for the cost of your funeral and burial. The cost is nominal, totaling just a few dollars a week or month. This policy is not often sold through a traditional insurance agency. You will have to go to a broker or shop at a funeral home.
Personal electronic equipment policies give you more protection than the standard homeowners plan. A traditional plan does not cover damage caused by installation errors. These programs offer repair or replacement of electronic devices such as computers, stereos, and televisions.
If you have valuable items like jewelry or high-end electronics, then you want to have supplemental coverage. While your homeowners plan does cover some items in the event of fire or theft, it doesn’t cover everything.
Some companies offer their full-time employees a short-term disability. However, if your company is not one of those groups, you should consider adding a short-term disability. Medical plans will help cover doctor and hospital bills, but they won’t help cover normal monthly bills that can add up if you have to miss work. While not all short-term disability programs are created equal, it is something to check to make sure you don’t fall behind on your bills.
You must research and understand the different types of coverage available to you. If you are unsure, an insurance agency can help you find the information you need.