Four Types of Essential Personal Insurance

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Essential personal insurance is just that — essential for all of us. It’s the ultimate safety net against the financial turmoil that can result from the unexpected. If you’re like most people, you probably don’t give much thought to your insurance coverage until you need it. Then, when you are faced with a loss, you realize your insurance policy didn’t cover everything you thought it did. Even if you’re young and healthy, don’t you feel better knowing you’re not financially exposed if you get sick or hurt? The bottom line is that personal insurance is about security. That’s why it’s important to get the right policies to protect you and your loved ones.

Everyone Benefits From Insurance

It is a fact of life that you can’t predict the future. Nobody knows whether we will be involved in a car accident, get ill, or face any other number of life-changing events. For this reason, it is a good idea to make sure that your family, your home, and your business are all properly insured. It is a great feeling knowing that you are financially covered in case something unexpected happens. Discussing your personal insurance needs with an independent agent can help you determine what level of coverage you require depending on your assets.

Auto insurance is a type of essential personal insurance that all drivers should have.

Essential Personal Insurance

Your family is your most important asset, and while you can’t put a price tag on them, the value of your family is great enough that you should protect it. There are four types of essential personal insurance: car insurance, life insurance, health insurance, and homeowner insurance. A person’s personal insurance needs can vary based on many factors, including age, location, family size, and driving habits.

Contact Prince Insurance to get started working with an independent agent to create your personal insurance package for protecting you and your family.

Should Homes Outside the Flood Zone Get Flood Insurance?

We often hear the question from homeowners living outside the flood zone: “Should I get flood insurance?”  To be safe, the answer is yes: even though you are not required to buy flood insurance, it is a good idea to do so. There are a few reasons why you might want to go ahead and purchase flood insurance in addition to your homeowner insurance.

Flooding is More Common Than You Think

Floods are the most common natural disaster, and the consequences can be expensive. Flood claims still occur outside of major flood zones, making flood insurance a smart choice to add to your home insurance plan. Floods can happen in a matter of minutes, destroying homes and taking lives. Floods cause billions of dollars in damages each year, and unlike other natural disasters like hurricanes, the flooding waters don’t just go away. They recede, leaving behind a big mess that can cost thousands of dollars to clean up. That’s why it’s important to buy flood insurance, even if you don’t live in a flood zone.

Protect yourself financially with flood insurance.

A Separate Policy

Flood insurance is a policy on top of your regular home insurance plan. Flood insurance covers any structural damage to your home and personal belongings. It’s possible to tailor the policy to your needs. Discussing your needs with an agent will ensure that you receive sufficient coverage for your home.

Want to know your home’s risk of flooding? Do you have questions about flood insurance? Contact your Prince Insurance agent. We are here to help you get the flood insurance you need at an affordable rate. We can review your current policies and let you know if additional coverage is necessary. Contact us today for a quote and we can help you get started.