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Homeowners and Renters Insurance
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Homeowners insurance is a package policy that covers damage
to your property and legal responsibility for injuries and
property damage you or members of your family cause to other
people.
The owner’s insurance on a rental property does not cover
the renter’s property. Renter’s insurance provides
coverage for loss or damage to your property while living
in a rented dwelling.
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Auto Insurance
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Property and liability coverage for damage
to or theft of your car.
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Liability coverage for your legal responsibility
to others for bodily injury or property damage.
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Liability and medical coverage for the
cost of treating injuries, rehabilitation and sometimes,
lost wages and funeral expenses.
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Under-insured and uninsured motorist coverage
for those claims that involve uninsured drivers.
Motorcycles, boats and other motorized crafts
require separate policies.
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Flood / Fire / Property Insurance
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These coverages help you prepare for losses
due to natural disasters such as earthquakes, fires, floods,
hurricanes and tornadoes that are not covered by a standard
homeowners policy. These coverages may apply to existing homeowners
policies or other types of residential insurance.
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Valuable Items
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This type of
policy provides extended coverage for valuable personal items
like jewelry and furs. Most standard homeowners policies offer
a $1000 cap for coverage of these items. A Valuable Items Policy
gives much broader coverage. |
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Disability Insurance
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A type of health insurance that provides a periodic payment to replace income when the insured is disabled as a result of accident or sickness.
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Life Insurance
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Provides death benefit protection for the insured's entire life. Premiums can be required for the life of the insureds, or for shorter periods depending on the policy.
Term: Term insurance is death protection for a "term" of one or more years. Death benefits will be paid only if death occurs within that term of years.
Whole Life: Sometimes also called life or ordinary life, this policy has a fixed guaranteed rate and develops guaranteed cash values. There are two variations on traditional whole life:
- Joint Whole Life: The policy insures two lives instead of one. Also called first-to-die coverage, the policy pays the death benefit to the surviving insured person when the first one dies. This is often purchased by a husband and wife.
- Survivorship Life: The policy insures two people and pays a death benefit only when the second person has died. It is designed for married couples who want to provide funds to pay estate taxes that may be due after their deaths. Also called second-to-die coverage.
Variable Life Insurance: Variable life insurance is a kind of insurance where the death benefits and cash values depend on the investment performance of one or more separate accounts that may be in mutual funds or other investments.
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Long Term Care Insurance
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The care of broad-ranged maintenance and health services to the chronically ill or disabled. Depending on the plan and state requirements, services may be provided on an inpatient (rehabilitation facility, nursing home, mental hospital), outpatient, or at-home basis.
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Umbrella Policy
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If you are ever sued, your standard homeowners
or auto policy will provide you with some liability coverage
for judgements against you and attorney's fees. A personal
umbrella policy provides extra protection. An umbrella policy
will also cover you for things such as libel and slander.
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For more information
please contact: |
Carmen Ponzetti
Personal Lines Producer
856-691-0112 ext. 111
cponzetti@alliedinsur.com
Ronald Goodman
Personal Lines Producer ext. 121
rgoodman@alliedinsur.com
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