| EARTHQUAKE: Earthquake damage is not covered unless you endorse your policy to provide coverage. The cost is typically small and will provide you with piece of mind. FLOOD: Flood damage is not covered unless you endorse your policy to provide coverage. Flood coverage is provided as a separate policy through a government regulated program. Some lenders may require people who live in certain areas to purchase flood insurance. With the ever changing weather patterns occurring worldwide, it is important to protect yourself now against flood. INLAND MARINE: Under a homeowners/condominium/renter or tenants policies there is a limited amount of coverage afforded for jewelry, fur, silverware, fine arts and collectibles. These valuable items will be most suited on a scheduled basis. A current appraisal is needed for each piece you would want covered. Keeping your appraisal updated every 3 to 5 years is necessary and strongly recommended. UMBRELLA LIABILITY OR EXCESS LIABILITY: Personal Umbrella provides excess liability insurance over your basic primary policies. Coverage is Worldwide and provides coverage in the event of a catastrophic claim, lawsuit, or judgement. Defense costs are covered after a self-insured retention has been met. The insurer may require to carry certain primary minimum limits and each is treated on an individual basis. An Umbrella policy will protect an insured against losses of personal injury or property damage and which exceeds the primary policy limits listed on the schedule of underlying. Not all Umbrella or Excess Liability policies are the same. It is important that you review your individual needs with our professional staff. Contact us today and obtain a quote for all of your insurance needs. |
