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What Does Condo Insurance Cover?

 

Condo insurance is a policy that is purchased by the owner of a condo unit. It generally helps pay to repair your unit and your belongings if they are stolen or damaged by certain perils, such as fire or vandalism.

Allstate article 

WHAT DOES CONDO INSURANCE COVER?

Condo insurance typically includes a few standard coverages to help protect you, your condo unit and your belongings. Here's a look at how these coverages work:

Personal Liability Coverage

If someone is accidentally injured while visiting your condo and you are at fault, this coverage may help you pay for related legal expenses or your guest's resulting medical bills.

Guest Medical Coverage

If a guest is injured at your home, guest medical coverage may help pay for related medical expenses even if you are not at fault.

Building Property Protection

This type of coverage typically helps pay for repairs to the walls of your condo unit and its interior, which could include items such as built-in bookcases and fixtures, if damage is caused by a covered peril.

Personal Property Coverage

Belongings such as electronics, appliances, furniture and clothing are typically included under personal property coverage. If they are stolen or damaged in a covered claim, this coverage may help pay to repair or replace them.

Condo owners can typically choose from different types of personal property coverage, which determine how much your policy will reimburse you after a covered loss. They include:

  • Actual cash value, which typically pays you for the depreciated value of your damaged belongings.

  • Replacement cost coverage, which does not take depreciation into account. This coverage helps reimburse you for the difference between the actual cash value of your belongings and what you paid to repair or replace them.

Keep in mind that each coverage comes with a limit, which is the maximum amount you can be reimbursed for a covered claim. You may also need to pay a deductible before your coverage kicks in.

CONDO ASSOCIATION COVERAGE

It's also important to understand what is covered by your condo association's insurance policy, sometimes referred to as the master policy. Your association's policy may help cover areas such as the boiler room and the roof, as well as hallways and other shared spaces, including the common rooms and swimming pool.

In some cases, the master policy may cover the structure of your own condo unit, including the walls and the floors, the III says. Other master policies might provide coverage for your unit's original construction and fixtures, while others might cover only bare walls, ceilings and floors, according to the III. The terms of the master policy can affect your own insurance coverage of the unit. It's a good idea to brush up on what protection your condo association has in place so that you know what types of coverage your personal policy should provide.

Keep in mind there are many condo associations in the U.S., allowing for plenty of variations in insurance policies. The III suggests reading your association's bylaws to learn what parts of your home are covered by the master policy and which parts you will need to insure on your own.

OTHER PROTECTIONS

Many insurance providers offer optional coverage you can purchase for occurrences not covered by a standard condo insurance policy. For instance:

Loss Assessment Coverage

If your condo association issues a special assessment, in some cases this coverage may help cover your share. For example, if a fire damages a common area, this coverage may help pay for your part of the bill.

Flood Insurance

Flood damage is typically not covered by a standard condo policy. Most flood insurance policies are issued through the National Flood Insurance Program. In some cases, you may even be required by your mortgage lender to purchase flood insurance, according to the program.

Umbrella Insurance

For additional liability protection, you may want to consider investing in a separate personal umbrella policy. This kind of policy goes into effect when you reach the limit of your condo's liability coverage and can help you pay for large liability claims or judgments. It may also help provide coverage if you are sued for libel or slander.

Endorsements

Additional personal property coverage, such as scheduled personal property, is typically available for an additional cost. For example, while a standard condo policy typically caps coverage for theft of jewelry at $1,000 or $2,000, scheduled personal property coverage may provide additional coverage for those items. Scheduled personal property also typically provides coverage for additional risks.

This Allstate Article Found: https://www.allstate.com/tr/condo-insurance/what-does-typical-condo-policy-cover.aspx

 

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When it comes to insurance for your condo unit, you should make sure you have the coverage that fits your needs. Your local agent can help you tailor a condo insurance policy that's right for you.

 

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Flood Insurance At A Glance

Flood Insurance At A Glance

 

Flood insurance usually is a separate policy designed to help protect your home and belongings if they are damaged in a flood. Standard property insurance policies, such as homeowners insurance, typically do not cover flood damage.

Here are some things to consider about flood insurance:

 

 

 

 

IS FLOOD INSURANCE NECESSARY?

In some cases, you may be required to have flood insurance. If you own a home on land that is at high risk of flooding, your mortgage lender may require you to purchase flood insurance, says FloodSmart.gov.

Flood insurance isn't just for homes in high-risk areas, though. The Federal Emergency Management Agency(FEMA) says that all 50 states have experienced floods, and that more than 20 percent of the claims it handles come from the moderate- to low-risk regions.

WHO CAN BUY FLOOD INSURANCE?

Flood insurance is generally available to people in communities that participate in the National Flood Insurance Program (NFIP). Flood insurance policies can be purchased through local insurance agents by homeowners, business owners and renters who want protection for their homes, buildings and belongings. (Landlords can buy separate flood insurance policies to help protect the home.)

WHAT DOES FLOOD INSURANCE COVER?

So, what does a flood policy help protect? FEMA says you can purchase coverage to help protect your home, your personal belongings, or both. Here are some of the basics for these two types of coverage:

Building property coverage

  • What it helps protect: The physical structure of your home and its foundation; plumbing and electrical systems; central air and heating systems; attached bookcases, cabinets and paneling; and a detached garage (other detached structures need their own policy).

  • How it typically pays out: Replacement cost basis (what it would take to repair the home in today's dollars) for a primary residence and actual cash value (which factors in depreciation) for a vacation home.

  • Maximum coverage limit: $250,000

Personal contents coverage

  • What it helps protect: Clothing, furniture and electronics; curtains; some portable appliances; freezers and the foods within them; and certain valuables, like art (up to a specified limit).

  • How it typically pays out: Actual cash value basis (takes depreciation into account).

  • Maximum coverage limit: $100,000

  • We are your local agent! Call us with any questions and we will be happy to help!

  • (239) 593-7333

HOW DO I PURCHASE FLOOD INSURANCE?

A local insurance agent can help you purchase a flood insurance policy from the NFIP.

You'll typically need to wait 30 days for your policy to go into effect, though there are some exceptions. For instance, if you purchase a flood insurance policy at the same time you take out a mortgage, the insurance may go into effect immediately, according to FEMA.

WHAT'S NOT COVERED BY FLOOD INSURANCE?

Equally important is knowing what's not covered by flood insurance. Here are a few examples of the types of property and expenses that fall outside the scope of a basic flood insurance policy, according to the NFIP:

  • Moisture or mold/mildew damage that "could have been avoided by the homeowner"

  • Currency, precious metals and paper valuables, like stock certificates

  • Outdoor property such as decks, fences, patios, landscaping, wells and septic systems, and hot tubs and pools

  • Living expenses, like temporary housing (if flood damage deems your home uninhabitable).

  • Cars and other self-propelled vehicles (but your auto insurance may offer some protection for your car if you have comprehensive coverage).

In addition, flood insurance provides limited, if any, coverage for below-ground rooms like crawl spaces and basements, and their contents, the NFIP says. Some items in these spaces (like the furnace) are typically included under building coverage. Others (like the washer/dryer) are usually covered under personal contents coverage. And some items ─ like your personal effects ─ may not be covered at all when they're kept in below-ground rooms.

Talk to an agent to help make sure you're clear about the coverage details, exclusions and limitations of a flood insurance policy and to help you make the right choices for your situation.

Of course, you should also remember that a flood isn't the only potential source of water damage to a home. That's why, in addition to understanding the potential benefits of flood insurance, you should also review the coverages offered by your homeowners insurance policy.

Armed with the knowledge and insurance coverages that are right for you, you'll go a long way toward protecting your home against water damage.

Article From Here: https://www.allstate.com/tr/flood-insurance/flood-insurance-101.aspx

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3 Most Frequently Asked Flood Insurance Questions

As you know we are in hurricane season! Flood insurance is essential for homeowners living in Florida.

Check out our video below where we answer 3 of the most frequently asked questions about flood insurance

Our Florida insurance expert explains things about flood insurance and answers 3 questions that are frequently asked.

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Homeowners Discounts

 

SAVING IS EASY WITH US.

naples florida homeowners insurance

 

Protecting the place you call home doesn't have to be expensive. And with a variety of discounts and savings opportunities, Allstate makes it even easier to get a good deal. Talk to an agent to take advantage of available discounts.

FEATURED DISCOUNTS

 

Multi-policy discount

Save up to 25% when you bundle home and auto policies with Allstate.

Easy Pay Plan®

Save up to 5% when you set up automatic payments.

Claim-free discount

Save up to 20% when you switch to Allstate without a recent home insurance claim.

 

 

 

 

 

SEE EVEN MORE WAYS TO SAVE.

  • Protective device discount
    Save when your home has theft or fire protection devices.

  • Early signing discount
    Save up to 10% on your home insurance premium when you sign up for a new policy at least 7 days before your current one expires.

  • Welcome & loyalty discount
    Save up to 10% on your home insurance premium just for switching to Allstate. As long as you're a customer, you'll continue to save 10% every year after that.

  • Home buyer discount
    Save if you purchase a newly constructed home, or if you're a recent homebuyer.

  • 55 and retired discount
    Save if you're over the age of 55 and are retired.

  • Additional discounts
    Save for smoke-free homes, homes with storm shutters, homes with hail-resistant roofs and more.

 

Article Here

 

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What Is Uninsured Motorist Coverage?

 

auto insurance naples florida

Uninsured motorist coverage is part of a car insurance policy that helps pay for your medical bills or car repairs if you're hit by a driver who doesn't have car insurance.

Typically, when you're in an accident and the other driver is at fault, his or her auto liability coverage would help pay for your medical bills or repairs to your car. But if the at-fault driver doesn't have car insurance, you may have to pay out of your own pocket for those expenses. That's where uninsured motorist coverage may help.

WHAT IS UNDERINSURED MOTORIST COVERAGE?

Underinsured motorist coverage is a protection that helps pay for your expenses if you're hit by an underinsured driver. In some states, uninsured and underinsured motorist coverages are bundled together and offered as a single protection on your car insurance policy.

So, what does it mean to be "underinsured"? It depends on where you live. Each state defines "underinsured" a bit differently. An underinsured driver has auto liability insurance but either:

  • Their liability limits aren't enough to cover your bills after an accident, or

  • Their liability limits are less than or equal to your underinsured motorist coverage limit

WHAT DOES UNINSURED MOTORIST INSURANCE TYPICALLY COVER?

Uninsured motorist coverage may offer two types of protection:

  • Uninsured motorist bodily injury coverage helps pay for your medical expenses resulting from a crash caused by an uninsured driver. In some states this protection may extend to a family member who is driving your car, or your passengers.

  • Uninsured motorist property damage coverage helps pay for repairs to your vehicle after a crash caused by an uninsured driver. This protection is not available in all states.

Underinsured motorist coverage offers one type of protection:

  • Underinsured motorist bodily injury coverage helps pay for your medical bills if you are hit by an underinsured driver.

IS UNINSURED MOTORIST COVERAGE REQUIRED?

Depending on where you live, uninsured motorist coverage may be required by law: 21 states and the District of Columbia have laws that make it mandatory.

Drivers in most states are legally required to carry auto liability insurance coverage. However, one in eight drivers on U.S. roads is uninsured, according to the Insurance Information Institute (III). So, it may be a good idea to consider uninsured motorist coverage, even if it's optional where you live.

IS UNDERINSURED MOTORIST COVERAGE REQUIRED?

Underinsured motorist coverage is an optional protection in most states.

Give us a call to find the best and most affordable coverage for your vehicle. 

 

(239) 593-7333

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Flood Insurance At A Glance

 

 

 Flood insurance usually is a separate policy designed to help protect your home and belongings if they are damaged in a flood. Standard property insurance policies, such as homeowners insurance, typically do not cover flood damage. 

Here are some things to consider about flood insurance:

 

IS FLOOD INSURANCE NECESSARY?

In some cases, you may be required to have flood insurance. If you own a home on land that is at high risk of flooding, your mortgage lender may require you to purchase flood insurance, says FloodSmart.gov.

Flood insurance isn't just for homes in high-risk areas, though. The Federal Emergency Management Agency(FEMA) says that all 50 states have experienced floods, and that more than 20 percent of the claims it handles come from the moderate- to low-risk regions.

WHO CAN BUY FLOOD INSURANCE?

Flood insurance is generally available to people in communities that participate in the National Flood Insurance Program (NFIP). Flood insurance policies can be purchased through local insurance agents by homeowners, business owners and renters who want protection for their homes, buildings and belongings. (Landlords can buy separate flood insurance policies to help protect the home.)

WHAT DOES FLOOD INSURANCE COVER?

So, what does a flood policy help protect? FEMA says you can purchase coverage to help protect your home, your personal belongings, or both. Here are some of the basics for these two types of coverage:

Building property coverage

  • What it helps protect: The physical structure of your home and its foundation; plumbing and electrical systems; central air and heating systems; attached bookcases, cabinets and paneling; and a detached garage (other detached structures need their own policy).

  • How it typically pays out: Replacement cost basis (what it would take to repair the home in today's dollars) for a primary residence and actual cash value (which factors in depreciation) for a vacation home.

  • Maximum coverage limit: $250,000

Personal contents coverage

  • What it helps protect: Clothing, furniture and electronics; curtains; some portable appliances; freezers and the foods within them; and certain valuables, like art (up to a specified limit).

  • How it typically pays out: Actual cash value basis (takes depreciation into account).

  • Maximum coverage limit: $100,000

  • Find an agent here

HOW DO I PURCHASE FLOOD INSURANCE?

We can help you purchase a flood insurance policy from the NFIP. Give us a call at (239) 593-7333. 

You'll typically need to wait 30 days for your policy to go into effect, though there are some exceptions. For instance, if you purchase a flood insurance policy at the same time you take out a mortgage, the insurance may go into effect immediately, according to FEMA.

WHAT'S NOT COVERED BY FLOOD INSURANCE?

Equally important is knowing what's not covered by flood insurance. Here are a few examples of the types of property and expenses that fall outside the scope of a basic flood insurance policy, according to the NFIP:

  • Moisture or mold/mildew damage that "could have been avoided by the homeowner"

  • Currency, precious metals and paper valuables, like stock certificates

  • Outdoor property such as decks, fences, patios, landscaping, wells and septic systems, and hot tubs and pools

  • Living expenses, like temporary housing (if flood damage deems your home uninhabitable).

  • Cars and other self-propelled vehicles (but your auto insurance may offer some protection for your car if you have comprehensive coverage).

In addition, flood insurance provides limited, if any, coverage for below-ground rooms like crawl spaces and basements, and their contents, the NFIP says. Some items in these spaces (like the furnace) are typically included under building coverage. Others (like the washer/dryer) are usually covered under personal contents coverage. And some items ─ like your personal effects ─ may not be covered at all when they're kept in below-ground rooms.

Talk to an agent to help make sure you're clear about the coverage details, exclusions and limitations of a flood insurance policy and to help you make the right choices for your situation.

Of course, you should also remember that a flood isn't the only potential source of water damage to a home. That's why, in addition to understanding the potential benefits of flood insurance, you should also review the coverages offered by your homeowners insurance policy.

Armed with the knowledge and insurance coverages that are right for you, you'll go a long way toward protecting your home against water damage.

Article from: allstate

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Save Money on your Auto Insurance with These Discounts!



 

 

One of the obvious suggestions to lower your car insurance is to shop around for the best rate but be aware that a lot of companies will give you a lower rate but will leave out important coverage in order to get you to that price. Make sure before you purchase your new car insurance that you have the coverage that you need. With our insurance, we give you the best coverage as well as opportunities to keep your insurance at the cheapest rate possible.

No one wants to spend more on their car insurance than they have to. Here are discounts that we offer to ensure that you get not only the cheapest rate possible but the right coverage to protect you on the road.        

    florida car insurance

    

DISCOUNTS With The Roe Agency

    

Vehicle Discounts:

Anti-lock brake discount

Save up to 10% if your car is equipped with anti-lock brakes

 

Anti-theft device discount

Save up to 10% if there's an anti-theft device in your car

 

New car discount

Save up to 15% if your car is a current model year or one year prior and you're the first owner.

 

Policy Discounts

The way you pay, add or manage your insurance policies can help you save on your premiums.

EZ pay plan discount

Save up to 5% when you set up automatic withdrawal for paying your premium

 

eSmart® discount

Save up to 10% if you sign up for ePolicy, a convenient way to view insurance documents online

 

FullPay® discount

Save up to 10% when you pay your policy in full

 

Multiple policy discount

Save on your auto insurance when you have multiple policies from Allstate

 

Early Signing Discount®

Save up to 10% when you sign your policy 7 days before it becomes effective

 

Responsible payer discount

Save up to 5% if you did not receive a cancellation notice for non-payment in the past year

 

Smart student discount

Save up to 35% if you meet one of these requirements:

  • 1. You're a single, full-time student under the age of 25 and getting good grades

  • 2. Your teen successfully completes the teenSMART driver education program

  • 3. Your child attends school at least 100 miles away from where your car is garaged

Safe Driving Club

 

Save big if you meet the safe driving requirements to make it into the club.

 

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8 Life Insurance Myths Debunked

 

 

life insruance 

 

We'll do anything to protect our loved ones, right? But the decision to buy life insurance is often met with hesitation, confusion or even denial. After all, it's not an easy subject to think about: What would happen if you were to pass away? When it comes to protecting your loved ones with life insurance, it's important to separate fact from fiction.

To get started, read on to learn the truth about eight life insurance myths — it may change your perspective and lead you to make informed decisions about purchasing a policy.

MYTH 1: I'M SINGLE, OR MARRIED WITH NO CHILDREN, SO I DON'T NEED LIFE INSURANCE.

Even if you are in this group, life insurance is important. Life insurance may help your loved ones pay off your debts (like some private college loans, for instance) if you pass away. Planning early not only helps protect your loved ones from burdensome expenses, but it also gets you started on a financial plan for the future.

family

MYTH 2: I CAN'T AFFORD LIFE INSURANCE.

According to the 2015 Insurance Barometer study conducted by Life Happens, 80 percent of consumers misjudge the cost of term life insurance. Life insurance can be very affordable for many people, depending on the coverage you’re looking for. You can start with a policy that fits your budget, and you may be able to purchase additional coverage later on.

 

MYTH 3: I'M A STAY-AT-HOME PARENT. I DRAW NO INCOME. I DON'T NEED LIFE INSURANCE.

If you're a stay-at-home parent, life insurance is still important. While you may not bring in an actual paycheck for the household, you likely provide services that could cost tens of thousands of dollars to replace each year. These may include child care, daily transportation, home maintenance and cooking, to name a few. If you were to pass away, life insurance may help cover some of these costs.

 

MYTH 4: I HAVE A LIFE INSURANCE POLICY THROUGH MY JOB. IF I TAKE ANOTHER JOB OR GET LAID OFF, I CAN TAKE THE POLICY WITH ME.

Typically, your employer-offered life insurance policy isn’t portable — meaning if you leave your job, you’re probably also leaving your life insurance protection behind. However, when you buy your own, separate life insurance policy you decide how long you want to be covered. Additionally, with an individual policy, you may be able to get more personalized coverage that fits your financial needs.

 

MYTH 5: MY BENEFICIARIES WILL HAVE TO PAY INCOME TAXES ON THE PROCEEDS FROM MY LIFE INSURANCE POLICY.

Your life insurance death benefits are generally income-tax-free and do not have to be reported, according to the International Revenue Service (IRS). Life insurance helps provide your family with income-tax-free money to help pay for a number of things like funeral expenses, a mortgage, or college tuition.

 

MYTH 6: IF I GET A TERM LIFE INSURANCE POLICY, I CAN'T CONVERT IT TO PERMANENT OR WHOLE LIFE INSURANCE POLICIES.

It is possible to convert some term life insurance policies into a permanent life insurance policy, depending on the policy purchased. However, it's a good idea to speak to your agent up front, as these types of term policies typically must be converted within a specified time period. You also may encounter additional requirements with a convertible term policy, such as increasing premiums.

MYTH 7: I DON'T NEED LIFE INSURANCE ONCE MY CHILDREN ARE ADULTS.

Life insurance can help you in many different stages in your life. Life insurance later in life has a number of advantages, such as helping to relieve the burden of paying for final costs, paying for state estate taxes your heirs may face, paying off any debt you may have left behind, or simply leaving your children with an inheritance.

 

MYTH 8: I HAVE A COMFORTABLE AMOUNT OF SAVINGS, SO I DON'T NEED LIFE INSURANCE.

While your savings may last through your retirement, have you thought about final expenses? According to the National Funeral Directors Association, the national median cost of a funeral with a burial in 2014 was $7,181. If you don’t have enough money saved, it is possible your loved one won’t be able to pay off final expenses. Keep in mind, if your mortgage has not been paid off, your loved ones may not be able to hold onto your home, if not enough money has been saved.

No matter where you are in life, it's important to help protect your loved ones and your assets with life insurance. If you have any questions, reach out to us! (239) 593-7333

 

Article from: https://www.allstate.com/tr/life-insurance/life-insurance-myths-facts.aspx

 Photo credit: https://dod.defense.gov/News/Article/Article/1164328/face-of-defense-airman-provides-family-haven-for-orphans/

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How to Increase the Value of Your Rental Property

 

Two people are making updates to a house.

As a homeowner, you likely know that making certain renovations may help increase the value of your property. But when you’re also a landlord, updating your property may make it more appealing to potential renters and allow you to increase monthly rent, according to Zillow. If you’re contemplating on making renovations to your rental property, read on to learn what factors help determine rent prices and what upgrades tend to offer the biggest returns.

Get a quick, personalized insurance quote today.

SELECT COVERAGE TYPE

Type of InsuranceHomeAutoRentersLifeCondoMotorcycleBoatATV/Rec. VehicleBusiness Insurance

What Factors Determine Monthly Rent?

Before you decide on upgrades, you may want to determine how much you can charge for your property’s monthly rent. Take a look at your local market and compare your property with other rentals in the area, says Zillow. Getting familiar with the cost of rentals when their property is the same size as yours, or has similar features (such as the number of bedrooms and bathrooms, or a garage), can help you set a guideline when determining your rental price. If you find that your property is in better condition and contains more features or upgrades, you may be able to increase the cost of rent at your place, Zillow says. As you consider upgrades, you may want to compare the rental cost of homes with similar features to the ones you’re considering, to help you decide whether they are worth the investment.

Renovations With the Biggest Return

Certain home renovations may put a percentage of what you spend back into the value of the property — the average renovation adds about 65 percent of its cost back to the value of the home, says U.S. News & World Report. For example, if you spend $500 on an upgrade, you would potentially increase the value of your home by 65 percent of that cost on average, or $325. According to Remodeling magazine, these are some renovations that have the highest potential for return:

  • New garage door: 98.3 percent

  • Upgraded front door: 91.3 percent

  • New deck addition: 82.8 percent

  • Minor kitchen remodel: 81.1 percent

  • Siding replacement: 76.7 percent

  • Window replacement: 74.3 percent

  • Bathroom remodel: 70.1 percent

If you’re a landlord getting ready to remodel, remember that you can boost the value of your property while also making your place more desirable to renters. Be sure to do your research and choose renovations that are suitable for your property, location and budget.

 

Article Found here: https://www.allstate.com/blog/increase-value-your-rental-property/

 

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3 Keys To Comparing Car Insurance Rates

 

 

3 keys to comparing car insurance quotes

 

Whether you just bought a new car or you're simply doing an annual review of your finances, comparing car insurance rates can be a good way to assess whether you're getting the most for your money.

To start, the Insurance Information Institute (III) suggests getting at least three quotes from auto insurance providers. Each quote you get should be for the same set of coverages, limits and deductibles, so you can truly compare them side by side.

Not sure where to begin? Here's some more information on setting up an auto insurance comparison.

1. SELECT APPROPRIATE LIABILITY LIMITS.

Auto liability coverage is required in most states. Liability coverage may help pay for car repair and medical bills of another driver if you cause an accident.

Most states set minimum liability coverage limits that drivers must purchase. You may have the option of increasing your auto liability limits — and the III suggests that's a good idea. If you cause an accident and the damage exceeds your state's minimum liability coverage limits, you could end up paying out of pocket for additional expenses.

Whether you select the state minimums or increase your coverage, make sure the limits you set for bodily injury liability coverage and property damage liability coverage are the same for every quote you compare. Bodily injury liability coverage helps cover expenses of another person's physical injury if you are found liable in an accident. Property damage liability coverage helps pay for damages you may cause to another person's property.

2. SET SIMILAR DEDUCTIBLES.

Some car insurance coverages, such as collision coverage and comprehensive coverage, typically come with a deductible that you may be able to adjust. A deductible is the amount you'll pay out of pocket toward a covered claim. Increasing your deductible may lower your car insurance premiums, says the III. However, a higher deductible means you'll pay more out of pocket before your insurance coverage kicks in after a covered loss.

When you are comparing car insurance rates, the deductibles you choose should be the same for each quote so you can make an accurate comparison.

3. CHOOSE THE SAME COVERAGES.

While liability coverage is required in most states, other coverage requirements vary from state to state. Some coverages may even be optional. You may want to familiarize yourself with your state's specific car insurance requirements. To accurately compare car insurances rates, make sure you've selected the same set of required and optional coverages for each quote you get.

Required:

Liability coverage:

  • May help pay for another person's property damage or medical bills if you cause an accident.

Required in some states:

  • Uninsured and underinsured motorist coverage:
    May help protect you against damages caused by a driver without insurance or not enough insurance.

  • Medical payments coverage:
    May help pay for medical expenses if you or your passengers are injured in a car accident.

  • Personal injury protection (not available in all states):
    May help pay for hospital bills, lost income and even child-care services if you're injured in a car accident.

Typically optional:

  • Comprehensive coverage:
    May help pay for damage to your car not caused by a collision. Coverage may include theft, vandalism or damaged caused by animals. If you're leasing or paying off your car, your lender may require you to have comprehensive coverage.

  • Collision coverage:
    May help pay to repair your car if it's been damaged or destroyed in a collision with another vehicle or object such as a fence. If you're leasing or paying off your car, your lender may require you to have collision coverage.

  • Rental reimbursement coverage:
    May help pay for a rental car while your car is being repaired after a covered loss.

  • Towing and labor cost coverage:
    May help cover services if your car breaks down. Coverage may include jump starts, fixing flat tires or towing.

If you need help understanding your car insurance quote or deciding on which coverages best suit your needs, give us a call at (239) 593-7333.

https://www.allstate.com/tr.aspx

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