 Image by Plume Ploume from Pixabay You’re not quite ready to buy but anxious to be out on your own, and have finally found the perfect place to rent. Your lease agreement says you must maintain ‘Renters’ or ‘Contents’ insurance. You call your agent and purchase the coverage, but don’t fully understand what you’ve got.
Renters or contents coverage offers many of the same features as home insurance. Hopefully you’ll get a better understanding of your policy from this post.  Over the last couple of weeks we’ve done posts to (hopefully) explain the basics of Auto and Life insurance. Today we’ll discuss homeowner coverage.
A home insurance policy is broken down into six parts (A, B, C, D, E & F) but what do they all mean? Read on to find out…..  Most states require liability insurance on automobiles and other vehicles registered for highway or “on road” use. Financial institutions usually require Comprehensive and Collision insurance to protect their interest in a vehicle. These three coverages are what many consider “full coverage.” However, in the insurance industry, “full coverage” means a whole lot more.
In this post we’ll discuss what “full coverage” auto insurance entails.  The lure of the open road, wind in your hair and on your face. Your view unimpeded by glass and metal, body unencumbered by safety belts. The option of huge savings on gasoline, oil, tires and upkeep.
These are a few reasons why people choose to purchase a motorcycle.  We keep seeing commercials about how you can turn your personal automobile into a part-time career as a Lyft or Uber driver. Sounds great, doesn’t it?
Everyone likes the idea of making a few extra bucks on their “off” time, but here are some Insurance Facts you need to know before you decide to venture into this type of business.  Over the last couple of weeks, we’ve delved into reasons why you need to maintain insurance coverage on your recreational vehicles. We’ve covered boats and RV/Campers. Today we’ll talk about ATV’s.
As with other recreational vehicles, if your all-terrain vehicle (ATV) is financed, chances are your bank or financial institute will require coverage until the loan is paid off. However, most people are quick to cancel that insurance as soon as the loan is paid off. Not smart!  Before we get too far into this blog post, let me clarify that a Motorhome is usually covered under state mandated insurance laws just as an automobile is. Since it is a vehicle licensed for on-road use, there are specialized policies for motorhomes; therefore, the information below pertains more specifically to a RV or Camper.
 Most finance companies will require boats to be insured throughout the length of the loan. However, many folks discontinue their insurance once that is paid off and some who buy their boat outright never think to insure it.
Many people operate under the misconception that between their auto and home insurance, their boat, motor, trailer and contents are covered. Not so! |
Tommy Curtis
Is an insurance agent with integrity and your best interest in mind. Call to speak directly to him. Contact us Phone: 337-433-1683 Address: 509 7th Street Lake Charles, LA 70601 Office Hours: M-F 9a - 5p (CST) Follow Us
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