Frequently Asked Questions
important things you should know
Questions And Answers
With 85 years of experience providing insurance and working in communities across the country, we understands how important it is to deliver quality coverage at affordable rates. We understand that as a dedicated driver, homeowner, parent, child, or worker, you want, and rightly deserve, the most dependable coverage for your hard earned money, and with safe habits, should come lower insurance costs.
An umbrella policy is an extra layer of liability coverage, designed to go above and beyond the coverage of your other insurance policies. If you’re ever sued for damages, and the verdict exceeds even the highest limits on your existing property coverage, an umbrella policy kicks in to cover the additional expenses so you don’t have to put your savings, your home, and your business at risk.
Unless the cause of loss is excluded in the policy, a homeowners policy provides coverage for personal liability, medical payments to others, and accidental direct physical loss to your dwelling.
In addition, the policy provides coverage for your personal property for specific perils including, but not limited to:
- Fire
- Lightning
- Windstorm
- Hail
- Theft
The insurance coverage amount is your choice. We recommend that you purchase coverage equal to or greater than the estimated replacement cost of your home. Your home’s estimated replacement cost also determines which policy options are available to you.
Since it’s impossible to predict the cost to replace your home in the future, it’s important to have enough coverage to account for unforeseen circumstances.
Car insurance rates depend on a number of factors. These include:
- Personal details like age, sex, and marital status
- Where you live
- Average annual distance driven
- Your vehicle
- Your credit
- Your coverage amount and type
According to the Insurance Information Institute, the average annual car insurance cost was around $866 dollars in 2014.
Yes. The market value of your car and the history of other drivers with the same make and model play a factor in your auto insurance rates. Certain safety features may not automatically qualify you for cheaper car insurance, but they can prevent you from getting into accidents, saving you money indirectly.
Business liability insurance is any commercial insurance that involves a business’s responsibility for losses, injuries, or damages. Types of liability insurance include:
- General liability insurance to cover customer injuries and property damage
- Professional liability insurance for work mistakes that negatively impact a client
- Commercial auto insurance for accidents involving business-owned vehicles
- Employer’s liability insurance to protect against employee injury lawsuits
Learn more about business liability insurance.
In certain cases, business insurance is required by law. Most states require businesses with employees to obtain workers’ compensation insurance. Business-owned vehicles must be insured with commercial auto insurance. Also, state laws may require some businesses to obtain insurance as part of the licensing process. For example, bars typically need liquor liability insurance as a prerequisite for a liquor license.