Ways You Can Protect your Personal Property

Your property is important and should be protected. While accidents happen, your personal and business property can be protected with the right insurance coverage. 

Here are some of the ways that you can protect your personal property:

Have the right amount of insurance. Everyone wants to save money on insurance, but it’s important to ensure you have the right amount of coverage.  Work with your agent to ensure that your home and automobiles are fully protected and to discuss whether any discounts might apply. Be sure to review your liability insurance as well! 

Consider an umbrella policy to give you even more protection. An umbrella policy provides an added layer of coverage.  If your losses exceed your basic limits of insurance, an umbrella policy can pick up the difference!

If you own a business, make sure that you have enough insurance for that too! Talk with your broker about your business’s assets and liabilities.   Damage to business property can affect your ability to earn an income, so be sure you are properly covered.

Consider different forms of ownership. Work with your attorney on ways to put assets into a trust or alternate forms of ownership to protect them. 

Reduce risks. Regular maintenance can reduce the likelihood and severity of a loss.  Also, make sure you have working emergency systems, as an alarm and sprinkler.  Many insurance carriers offer discounts for security systems which may help offset some of their cost.

One of the most important ways to protect yourself is to be properly insured.  Contact us today to make sure that you appropriately covered.