Choosing the right kind of insurance agent can make a big difference in securing the best combination of price and value to fit your needs. Whether you are looking for personal insurance or business insurance buying or shopping for it can be unwelcome and annoying. It must not be taken lightly since it is there to protect your most valuable assets – you, your home, cars, business and future. The worst time to find out you don’t have the right policy and coverage is when you need them the most, AFTER you’ve suffered a loss.
Essentially there are two types of insurance agents. One is the “captive agent” such as those who work for Nationwide or State Farm. A captive agent represents a single company and can only provide you with information or access to that company’s products. The other is an independent insurance agent. These agents have no exclusive relationship with any one company. With an independent agent, you get choices. They represent many insurance companies and work on your behalf to find the best possible rate and coverage to fit your specific needs.
With an independent agent, in addition to having choices, you have the advantage of a licensed professional who will:
- Evaluate and assess your individual risks and requirements
- Identify and tailor policies that are right for you
- Offer products to meet all of your insurance needs, including auto insurance, homeowners insurance, business insurance, life insurance and flood
- Assist you when you have a claim
- Treat you like a person, and provide excellent, hands-on service
An independent agent will help you understand what your policy actually covers, how much of a deductible to carry and how much coverage you need. When it comes to protecting your family, your assets and your future, you want to do it right the first time.
Did you know that besides auto insurance and homeowner’s insurance, the John Yurconic Agency can also write Snowmobile Insurance? Continue reading
Flood Insurance covers physical damage to your building or personal property “directly” caused by a flood. Directly means that the flood must be the cause of damage. As stated above flood coverage falls into two categories: building and personal property. Determining which section covers what can be difficult. For instance air conditioning window units are covered by personal property while central air conditioning equipment is covered under building. Here are general guidelines for what is covered by each section.
Building Property coverage insures: building and foundation; electrical and plumbing systems; central air conditioners; refrigerators, stoves, and built-in appliances like dishwashers; permanently installed carpeting, paneling, wallboard, bookcases, and cabinets; window blinds; debris removal.
Personal Property coverage insures: clothing, furniture, and electronic equipment, curtains, portable and window air conditioners, portable microwaves and portable dishwashers, carpets, washers and dryers, food freezers and food in them, certain valuable items can be covered up to $2,500.
As you can see a general rule of thumb is permanently installed fixtures and appliances would be covered under building property while portable appliances would be covered under personal property.
Here’s a list of what is not covered by your Flood Insurance policy:
- Damage caused by moisture, mildew, or mold that could have been avoided by property owner
- Currency, precious metals, and valuable papers (stock certificates)
- Property and belongings outside a building ( e.g. septic systems, patios, fences, pools, plants)
- Living expenses for temporary housing
- Financial loss caused by business interruption or loss of insured property
Whether you need Easton insurance, Northampton insurance, or insurance in Reading and Allentown, Pa, contact The John Yurconic Agency. We’re the Pennsylvania Insurance Agent who has the solution for you!