Wednesday, July 29, 2015
Tuesday, July 28, 2015
Do you need Home Insurance as a renter?
Do You Need Home Insurance As A Renter?
Think home insurance is just for homeowners? Protecting your personal property and ensuring costs are covered should fire or flood destroy your rental property is not only smart, but in most cases your legal responsibility. So what kind of insurance do you need as a rental tenant and what should you be sure you have covered to protect your belongings?
What Does Renter's Insurance Cover?
Depending on where you purchase your renter's insurance, the types of claims that will be covered can vary. In general, renter's Insurance coverage is similar to that of homeowner's insurance in that it covers natural disaster and acts of nature, vandalism and theft, and fire. In most cases this also includes personal liability, meaning that you are covered even if you are the cause of the damage, and it usually includes not only the property itself, but the contents as well. The extent of the coverage can vary from minimum legal coverage to comprehensive coverage, depending on your personal situation and needs. Since the minimum coverage required in each state or area can vary, you will need to contact your insurance agent to learn the situation in your area. They can also help you find a policy that is right for your situation and budget.
What Does Renter's Insurance Cost?
Like most insurance policies, the more comprehensive the policy, the most costly it will be, but overall, renter's insurance is usually a very affordable type of insurance. In most cases it will cost you less than $20 a month for an apartment and $35 a month for a house. One option that will always make homeowner's or renter's insurance more affordable is to combine it with another type of insurance, usually car insurance. Most insurance companies have these types of combined policies available, and since these are two types of insurance that you are required to have anyway, combining them to save money is a great idea for making insurance more affordable.
Contact an Lehn & Vogt Insurance!
9416988877
Friday, June 19, 2015
Is It Too Early/Late to Buy Life Insurance?
Is It Too Early/Late to Buy Life Insurance?
How much is your life worth?
Contact Jeff Vogt for a life insurance review
2980 S McCall Rd
Englewood, FL 34224
941-698-8877
Friday, June 12, 2015
Wednesday, April 29, 2015
Why Boat Insurance Is Just As Important As Car Insurance
Why Boat Insurance Is Just As Important As Car Insurance
April 9, 2015
With warm weather most of the year, Florida is the #1 boating state in the U.S. Unfortunately, many boaters cancel their coverage once their loan is paid off and coverage is no longer required.
The truth is that boat insurance is just as important as car insurance, and you may be arguably more at risk on the water due to the number of uninsured boaters. No matter how experienced or cautious you are, you can’t protect yourself against careless or inexperienced boaters or the wrath of nature.
If you have a car accident that isn’t your fault, you would turn to the other driver’s insurance policy to provide coverage. If there is any dispute regarding that coverage, you can always fall back on your own automobile insurance to cover damages. Although everyone is required to carry car insurance, this is not the case on the water. Not having watercraft coverage could leave you with an inoperable boat and a large repair bill.
If your boat is damaged, you know right away that the most at risk is the cost of replacing the boat in the case of a total loss, or significantly less if it is only in a partial loss. However, consider what happens if a guest slips and falls aboard the boat, is injured while fishing or water skiing, or collides with another boat and injures a passenger. Without watercraft insurance, you would be responsible for medical bills and personal liability in amounts much greater than the boat’s value. This is reason enough to maintain at least a liability boat insurance policy.
There are a bounty of losses and accidents that can happen on the water. If you wouldn’t drive your car without having automobile insurance, then you shouldn’t navigate on the water without boat insurance. The relatively low cost of this coverage is a small price to pay for peace of mind to protect your family’s interests.
Before you set sail this spring, check out our “Alphabet of Boating Tips” infographic for a quick refresher.
Shared via Tower Hill Insurance
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