|
This coverage has two parts. The
first is the liability section of the policy. It covers your
financial responsibility for injuring others and some coverage is
required by most states.
The second part covers the car itself: comprehensive coverage
reimburses losses from fire, theft or other perils; collision
coverage pays to repair losses caused by an accident. Often this
coverage is mandated by leasing companies or banks. There are also
ancillary medical, car rental and other coverages which vary by
state.
Utilizing high deductibles on the physical damage coverages can help
reduce premiums. If you carry umbrella insurance, you must be sure
that you carry the required amount of basic liability insurance to
avoid a gap in coverage for a serious accident.
Auto Insurance
Quote
Boat or Marine insurance is available
for small boats, yachts, high performance powerboats, live-aboard
houseboats, catamarans, or pontoons. Marine insurance will cover
intended use including personal recreation, commercial, or charter
vessels.
Boat policies can cover damage to your boat, motor, trailer, and
personal effects in the boat. Available coverage includes liability,
medical payments, injury to a water skier and damage to the boat
itself, sometime called hull coverage. Availability varies by state
and by insurance company. Even though boat insurance premiums are
low, shopping your rate can sometimes save a substantial amount.
Condo insurance provides coverage for
your unit where your condominium associations insurance stops. Your
association typically insures the building and other common areas.
You are responsible for the interior of your unit. Typically you
need personal property and liability coverage. In addition to
coverage for your floors, walls, cabinets and fixtures that your
associations insurance probably will not cover.
Every associations insurance policy
is different regarding what each unit owner is responsible for, so
it is important to review your association policy and condo by-laws
carefully.
Did you know that your homeowners
insurance does not cover flood damage? Insurance against flood must
be separately obtained. A flood insurance policy also reimburses you
for the work that you and other family members did to sandbag your
homes, move furniture and remove debris.
FEMA's maps are important when it comes to flood insurance because
if they show that your home sits in a 100-year flood plain, you must
buy federal flood insurance in order to get a mortgage. If you live
outside a high-risk zone, or if you no longer have a mortgage, flood
insurance is optional.
If you have tangible assets, you need
the protection of a homeowner’s policy. These policies cover you in
a home or an apartment, whether you are an owner or a renter. A
well-written homeowner's policy will pay to replace any of your
personal property that is destroyed in a fire or other disaster. The
policy will also be your first line of defense against a lawsuit
from someone injured at your home.
The cost of this coverage is determined by many rating factors. The
quality of the coverage, however, is determined by the quality of
the insurer and whether the policy is written on a named perils or
all-risk basis. A named-perils policy covers only those losses
specifically cited in the contract. The all-risk policy works the
opposite way -- unless a peril is specifically excluded, coverage is
provided. The all-risk policy is broader and the burden of proof is
on the carrier not you in the event of a loss.
Homeowners
Insurance Quote
Whether you’re an enthusiast or a
first-timer, having fun, being responsible and being safe is what
it’s all about. Being responsible includes finding the right
insurance.
Motorcycle insurance is a way of
sharing the risks of driving between you and your insurance company.
The way it works is simple. You pay a set premium to an insurance
company for coverage. In return, the company promises to pay for
specific financial losses that might occur during the term of the
policy.
Most people rely on motorcycle
insurance to protect themselves against loss in case of an accident.
In many states, you must carry basic insurance to cover the cost of
losses you cause to others in an accident. If the unexpected
happens, insurance gives you peace of mind in knowing you are
protected. We have a variety of motorcycle policy options to meet
your needs.
As much as you expend efforts to
purchase your dream motor home, it is important to select
appropriate motor home insurance policy. Legally speaking, you are
required to have a certain minimum amount of coverage when you have
your motor home registered. However, there are many insurance
policies to ensure that your motor home obtains maximum coverage and
protection. It is important to choose a policy that incorporates the
recreational value of your motor home and does not treat it as
another automobile.
You don't have to be a millionaire to
be sued like one. Million-dollar judgments against individuals for
negligence are still relatively rare. However, receiving a lawsuit
with a million-dollar demand is more common. If you receive such a
court summons and you have only $100,000 of coverage, you may lose a
lot of sleep.
Umbrella policies offer inexpensive "peace of mind" for most types
of negligence claims. Automobile accidents are probably the most
common source of serious claims. This policy supplements your basic
automobile liability with extra million-dollar layers of protection.
It also covers other types of catastrophic claims such as a
neighbor's child drowning in your pool or the delivery man being
seriously injured by falling over your child's toys.
Personal watercraft,
such as jet skis and wave runners are often our customer's first
step into the boating world. Personal watercraft are extremely
invigorating and fun for water lovers of all ages; however, they are
not toys. Whether you are a first time boater or experienced
captain, it is important that you have proper coverage for these
vessels. Lott & Gaylor has specific policies that are
geared specifically for your personal watercraft. Likewise, because
of our expertise in this area we also have the ability to provide
commercial marine insurance for companies that rent personal
watercraft.
As a renter, you need to protect your
personal property against theft and damage. Our renters insurance is
hard to beat for convenience and value. Plus, we'll assure you the
peace of mind you need for your valuable items and electronics.
|
