Why do we have insurance? The purpose of insurance is to protect you, your family, and your assets that you’ve worked so hard for when something bad happens. Bad things happen to good people. Bad things happen to careful people.
Often times when I meet with clients in Lafayette, IN and I ask them what their main concern is with their insurance is, the answer is always the same: price. Although price is an important aspect to consider, I always tell my clients that coverage is a better indicator than price when it comes to the value of an insurance policy. After all, insurance is meant to protect you in the event of a loss. You want to have enough insurance so that when you really need it, it is there. When an individual purchases an auto or home insurance policy, the most important part of their new policy is their liability coverage. Your liability coverage is your lawsuit protection and this is the money that your insurance company will pay out in the event that you are found responsible for someone’s injuries or property damage.
Does your property insurance
cover all your stuff? You probably hope so, right? Well wouldn’t it be better to know so. Many people think their home insurance
or renters insurance
covers the full cost of all of their “stuff.” However most policies cover your house and most of its contents, but usually contain limits on certain items, and certain types of loss. Be sure that your coverage protects all of your assets in Lafayette, Indiana.