Insurance Resources

AUTO INSURANCE BASICS

Liability Coverage

Helps pay for injuries or property damage you're legally responsible for after an accident, up to your policy limits.

Collision Coverage

Helps repair or replace your vehicle after a covered collision, subject to your deductible.

Comprehensive Coverage

Helps cover certain non-collision losses such as theft, hail, fire, falling objects, and animal damage.

Uninsured/Underinsured Motorist Coverage

Can help protect you if you're involved in an accident with a driver who has no insurance or not enough insurance.

Deductibles

Your deductible is generally the amount you pay toward a covered comprehensive or collision claim before insurance pays the remaining covered amount.

HOME INSURANCE BASICS

Dwelling Coverage

Helps repair or rebuild your home after a covered loss, subject to your policy's coverage limits, deductible, and terms.

Personal Property

Helps cover belongings such as furniture, clothing, electronics, and other personal items after a covered loss.

Liability Coverage

Can help protect you financially if you're legally responsible for someone's injury or damage to their property.

Replacement Cost vs. Actual Cash Value

Replacement cost generally pays based on the cost to replace covered property, while actual cash value generally takes depreciation into account.

Deductibles

Your deductible is the amount you're generally responsible for paying toward a covered claim before your insurance coverage begins paying.

LIFE INSURANCE BASICS

Term Life Insurance

Provides coverage for a specific period of time, such as 10, 20, or 30 years. Term life is generally an affordable way to purchase a larger amount of coverage.

Whole Life Insurance

Permanent life insurance designed to provide lifetime coverage as long as policy requirements are met. It can also build cash value over time.

Indexed Universal Life (IUL)

Permanent life insurance that may build cash value based in part on the performance of a market index. Growth is subject to the policy's caps, floors, fees, and other terms, and the money is not invested directly in the stock market.

Final Expense Insurance

Life insurance generally designed with a smaller death benefit to help loved ones handle funeral costs, burial expenses, medical bills, and other final expenses.

Living Benefits

Some life insurance policies may include or offer riders that allow you to access a portion of the death benefit while you're living if certain qualifying conditions are met.

BUSINESS INSURANCE BASICS

General Liability

Helps protect your business from certain claims involving bodily injury, property damage, and other covered liability risks.

Commercial Property

Helps protect covered business property such as buildings, equipment, inventory, furniture, and supplies from covered losses.

Commercial Auto

Provides coverage for qualifying vehicles used for business purposes and may include liability, collision, comprehensive, and other coverage options.

Workers' Compensation

May help cover medical expenses and lost wages when an employee suffers a qualifying work-related injury or illness. Requirements and coverage vary by state.

Tools & Equipment

Coverage may be available to help protect tools, machinery, and equipment your business owns or uses, including certain property that travels between job sites.

Every Business Is Different

The right insurance depends on what your business does, where it operates, the property and equipment it owns, whether you have employees, and the risks associated with your operations.

RECREATIONAL INSURANCE BASICS

RV Insurance

Coverage designed for recreational vehicles and motorhomes. Depending on the policy, options may include liability, collision, comprehensive, personal belongings, roadside assistance, and more.

Motorcycle Insurance

Can provide liability protection as well as coverage for damage to your motorcycle, theft, uninsured or underinsured motorists, and other available options.

Boat Insurance

Can help protect your boat against certain types of damage or theft and may provide liability coverage if you're responsible for an accident on the water.

ATV & Off-Road Vehicle Insurance

Coverage may help protect ATVs, UTVs, and other qualifying off-road vehicles against certain physical damage, theft, and liability risks.

Your Toys Need the Right Coverage Too

Coverage can vary significantly depending on the type of recreational vehicle, its value, where it's used, and how often you use it. An independent agent can help you compare available coverage options.

INSURANCE FAQs

Why Use an Independent Insurance Agent?

An independent agent can shop available options from multiple insurance carriers instead of representing only one company, helping you compare coverage and pricing.

Does the Cheapest Policy Mean the Best Deal?

Not always. Price is important, but coverage limits, deductibles, exclusions, discounts, and the protection included in the policy matter too.

Can Bundling Home and Auto Save Money?

Many insurance carriers offer discounts when you purchase more than one policy with them. However, bundling isn't automatically the cheapest option, so it's worth comparing your overall cost and coverage.

What Is an Insurance Deductible?

A deductible is the amount you're generally responsible for paying toward certain covered claims before your insurance pays its portion. Choosing a higher deductible may lower your premium, but it can also mean paying more out of pocket after a claim.

Why Do Insurance Rates Change?

Insurance rates can change for many reasons, including claims history, location, vehicle or property characteristics, coverage changes, carrier pricing, repair costs, and other rating factors allowed in your state.

How Much Insurance Coverage Do I Need?

There isn't one amount that's right for everyone. Your home, vehicles, family, finances, assets, risks, and budget should all be considered when choosing coverage.

How Often Should I Review My Insurance?

It's a good idea to review your coverage at least once a year and after major life changes, such as buying a home or vehicle, getting married, starting a business, or adding a new driver.