Items Not Covered by Your Homeowners Insurance
5/17/2011 9:15:00 AM
Most individuals purchase an insurance product, whether it is homeowners insurance or another type of insurance, without giving much thought to what they are actually buying. The first concern is usually the premium or cost. This is the single largest concern of most people. For other elements of the insurance product they have purchased, their concerns are few. Most customers take for granted that the insurance coverage is similar, no matter which insurance company you buy it from. This attitude is based on a primary misunderstanding of what an insurance product consists of, and how the insurance industry functions. Triest Insurance Agency can guide you in making a wise insurance purchase, that will be tailored to your specific needs.
Certainly it is equally as important not to overpay for an insurance product as it is for any other product. Occasionally, we are not cognizant of the coverage we have with our homeowners insurance until we file a claim and find out too late that we do not have the needed coverage. Owners of motorcycles, boats, all-terrain vehicles and motor homes may be unpleasantly surprised to find out that neither their homeowners insurance nor their auto insurance covers them for any loss associated with these. Non-traditional, or inland marine as some policies are called, insurance is a custom sector of insurance dealing with properties and items that would not traditionally fall under a typical property or automobile insurance. These types of items include, but are not limited to, boats, snowmobiles, all-terrain vehicles and personal watercraft, like jet skis. You may find that your current insurance company does not even write policies for these items, in which case you will need to seek the assistance of an established independent agency like Triest Insurance Agency in Charleston.
Accidents occur regardless of whether we are in our home, car or riding our ATV. By being sure you are covered, you can prevent an unfortunate accident from creating a financial catastrophe by being certain you have adequate insurance coverage regardless of what you own.
Certainly it is equally as important not to overpay for an insurance product as it is for any other product. Occasionally, we are not cognizant of the coverage we have with our homeowners insurance until we file a claim and find out too late that we do not have the needed coverage. Owners of motorcycles, boats, all-terrain vehicles and motor homes may be unpleasantly surprised to find out that neither their homeowners insurance nor their auto insurance covers them for any loss associated with these. Non-traditional, or inland marine as some policies are called, insurance is a custom sector of insurance dealing with properties and items that would not traditionally fall under a typical property or automobile insurance. These types of items include, but are not limited to, boats, snowmobiles, all-terrain vehicles and personal watercraft, like jet skis. You may find that your current insurance company does not even write policies for these items, in which case you will need to seek the assistance of an established independent agency like Triest Insurance Agency in Charleston.
Accidents occur regardless of whether we are in our home, car or riding our ATV. By being sure you are covered, you can prevent an unfortunate accident from creating a financial catastrophe by being certain you have adequate insurance coverage regardless of what you own.
