and rates, when doing so could ultimately save us money. Bundling
allows for all insurances to be purchased through the same company,
providing discounts on premiums and the added convenience of paying
one single bill to one provider. To ensure you are getting the best rates
on bundled insurance, be sure to shop around and compare packages.
Some insurers may offer discounts, but with lower coverage. Be sure
you are receiving all of the coverage you think is necessary to cover
your auto, home, and life policies.
Umbrella Policy
Still feeling unprotected in some way? An umbrella
insurance policy could be exactly what you are
looking for to feel comfortably covered. Umbrella
insurance provides extra liability coverage to protect
against major claims and lawsuits. This additional coverage kicks in
once your other policy coverage is exhausted. In addition, coverage
for claims such as false arrest, libel, and slander or for rental units
is included in this type of policy. Umbrella insurance goes above
and beyond in providing coverage for injuries, damage to property,
and certain lawsuits. Policies are typically available in million-dollar
increments, giving you an idea of whether you’d fit into the category
of individuals who would benefit from having this type of coverage.
Individuals often decline umbrella policies because they don’t feel that
they need that level of insurance, but keep in mind how costs can
add up with any accident, including lawyer fees, medical bills, and
damages, among other costs.
Benefits of a Local
Agent vs. Online Quotes
You are probably ready to do
some research into policies with
all this talk about insurance. You
have two options: finding a local agent or getting quotes online.
Shopping online can allow for quick and convenient access to rates
through a variety of different insurance providers, but the waters
are murky when figuring out which plans are right for you and
your family. Local agents are, first-off, local. They are familiar with
the community and what policies would be best for your locale.
Want to make sure you are getting the best deal? There are also
independent agents who can shop around for you to find more
competitive rates. Having a personal agent with you throughout
life’s milestones, such as having children, going through retirement,
or even purchasing your first policies, could be beneficial. This
allows your agent to get to know you and your lifestyle habits,
allowing for a better assessment of needs when it comes to
insurance policies. n
BUSINESS DIRECTORY
West Jefferson Hills | Spring 2016 | icmags.com 41