My last article discussed homeowners insurance and the types of coverage that you should consider when protecting your house. Continuing that theme, this article will address some important items that were not covered including liability insurance, additional coverage for other losses, medical payments coverage, and finally umbrella policies.
Insurance can be a boring subject, BUT a very necessary one. If you do not have the proper insurance in place, all of our good planning and savings could come crashing down! Every July 1st, my own personal policy is up for renewal, and I use that time to look over the policy and see what type of coverage I have and what is needed. As always, I recommend that you talk to a professional agent for Property and Casualty Insurance to see what type of coverage you have and what is needed.
Personal liability coverage is a typical component of a homeowner’s insurance policy. While no one expects to be held liable after an accident at their home, liability coverage may help prevent you from paying out of pocket should the unexpected occur.
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