BOAT, CAMPER, ATV, AND MOTORCYCLE
Not everyone considers carrying insurance on recreational vehicles a necessity. However, we do. Insurance policies on recreational vehicles are essential and, oftentimes, inexpensive. The two main areas that these specific policies cover are the vehicle itself and liability coverage if you hit and hurt someone or damage another vehicle or structure. These policies are stand-alone and easily added with the help of your insurance agent.
All Insurance companies have different definitions for different types of vehicles. This is why it is vital to work with an independent agent who can find the best option to fit your needs.
You may also want to consider an umbrella policy while shopping for other types of insurance. Umbrella insurance provides extra liability coverage that exceeds your home, car, or boat policy. Once the liability limits on those policies are reached, the umbrella policy becomes activated.
How do I get an Umbrella policy?
The best way to get full coverage at reasonable prices is to speak with your independent agent. You can easily obtain quotes from multiple top-level carriers by picking up the phone or sending a quick email.
LONG-TERM DISABILITY AND LONG-TERM CARE INSURANCE
Many believe their most valuable financial assets are their home and their vehicles. However, they fail to realize their most significant value lies in their ability to work and earn income. This is where long-term disability insurance comes into play. Generally speaking, if you are unable to work for more than 90 days due to an injury or disability, long-term insurance kicks in and replaces some, if not all, of your income until retirement age or until you recover. Unfortunately, most people do not have this crucial coverage, even though it is often less expensive than home and auto insurance.
Long-term care insurance is becoming a more significant part of an individual’s financial plans. Statistically, if you are 65 years of age and married, there is an 85% chance that either you or your spouse will have a long-term care need at some point in life. Two different options to cover this area are stand-alone policies and adding a “rider” to a permanent life insurance policy. You can learn more about these options by contacting our team!