- What is an emergency? Read your policy carefully to make sure you’re covered for disasters that may strike your area. You may need a separate policy for flood, earthquakes, hurricanes, or tornados.
- What is liability insurance? Liability insurance protects you and your family – including pets – from accidental injury or property damage for which you are held responsible.
- What is the replacement cost vs. actual cash value? Replacement cost is the amount it would take to replace a damaged home or property. Actual cash value covers only what the home or property was worth, accounting for depreciation due to wear and tear.
- What is an umbrella policy? An umbrella policy offers additional coverage if the costs of your insurance claim exceed the payout limit of your basic policy.
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