A renters insurance policy provides named perils insurance coverage for your personal belongings (personal property) such as furniture, clothes, appliances, linens, etc. This means the policy only pays when your property is damaged or destroyed by any of the ways specifically described in the policy. These usually include:
There are a number of factors you should consider when purchasing any product or service, and insurance is no different.
Below is a checklist of things you should consider when you purchase homeowners insurance:
No, Not usually. There are some instances when a property or business is difficult to insure due to it’s location or claims history or other underwriting concerns and we are forced to consider insurance plans known as excess or surplus lines insurance. If there are any additional fees for buying insurance through our insurance agency, we
There are a number of things you can do to lower the cost of your homeowners insurance.
The easiest thing to do is request a comprehensive review of your homeowners insurance policy through a Licensed Insurance Agent such as Greene Insurance Group.
It’s not surprising to find quotes on
When you apply for Car Insurance, you will be asked a number of questions.
For example, an insurance agent will ask for your name, date of birth, marital status, residence address, driver information including name(s) of each driver and their drivers license numbers, vehicle information including VIN#, year, make and model, and review your present car ins
A number of factors can affect the cost of your car insurance – some of which you can control and some that are beyond your control.
Some of these factors include: the type of car and value of the vehicle you drive, how many miles you drive annually (business, pleasure or commuting), your driving record (very important), prior claims history and where the
The personal umbrella liability policy is designed to increase your liability protection. This single policy acts as an “umbrella” over all of your other personal liability policies – home, car, boat, RV, etc., so you have a higher personal liability limit, than what would otherwise be available. In certain circumstances, an umbrella insurance policy may p
It used to be that the only people who needed personal umbrella liability policies were wealthy individuals, who had sizable amounts of personal assets that would be at risk in a lawsuit. This isn’t true.
However, in our very litigious society, even individuals with modest incomes and assets are often subjects of large lawsuits. Since those with modest i
“Rule of thumb” suggests an amount of life insurance equal to 6 to 8 times annual earnings. However, many factors should be taken into account when determining the right amount of life insurance for you and your family.
Important factors include:
Gold and Silver are not usually insured under a homeowners insurance policy and if they are, there are limits to their coverage.
Yes, in most cases room mates will need their own renters insurance for their personal property and liability protection. The standard renter’s policies cover you and maybe relatives that live with you. If your roommate is not a relative, each of you will need your own renter’s insurance policy to cover your own property and to provide you liability cover
If you live in an apartment or a rented house, renters insurance provides important coverage for you and your possessions or personal property.
A standard renters insurance policy protects your personal property in many cases of theft or damage, and may pay for temporary living expenses if your rental is damaged.
Renters Insurance can also provide protec
Covered losses under a homeowners policy can be paid on either an actual cash value basis or on a replacement cost basis. When “actual cash value” is used, the policy owner is entitled to the depreciated value of the damaged property. Under the “replacement cost” coverage, the policy owner is reimbursed on an amount necessary to replace the article with on
Collision Insurance Coverage: Losses you incur when your car collides into another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage.
Comprehensive Insurance Coverage: provides coverage for mostly other direct physical damage losses
Owners of apartment complexes and homes, purchase their own insurance to cover their liability, buildings and personal property.
However, these policies do not cover any of a tenant’s property or liability.
By requiring tenants to have renters insurance, the apartment owner or landlord is assured the tenants will not mistakenly believe the apartment comp
Most states have insurance laws that require drivers to have at least state minimum liability insurance.
These laws were enacted to ensure that victims of car accidents receive compensation, when their losses are caused by the actions of a negligent individual.
Often times the cost of repairing the damages to an older car is greater than its value. In th
Using an Independent Insurance Agent like Greene Insurance Group saves most of our clients time and money when shopping for insurance.
Why? At Greene Insurance Group, We’re an Independent Insurance Agent. As an Independent Insurance Agent, we offer insurance from dozens of top-rat
The typical homeowners policy has two main sections:
Almost anyone who owns or leases property is required to maintain homeowners insurance.
Homeowners insurance is usually required by a bank or le
