Do you have the coverage you need?
A quick calculation of the following items may help you determine a minimum appropriate limit of liability insurance for your current situation.
Equity in your home: $______________
Investments: $ ____________________
Savings/Checking Cash on Hand: $ _________________
Future Wages: $____________
Total amount you have at risk = $_____________
Current Insurance Protection
Auto Liability Limits: $________________
Personal Liability Limits (home/renters/condo policy): $_________________
Is There a Gap?
What you need – what you have = $__________________
What’s the Risk?
If you’re responsible for an accident, you may have to pay for:
- Vehicle Damage
- Loss of use
- Car Rental
- Damage to Personal Property
- Damage to Business Property
- Environmental Cleanup
- Modification to a home
- Pain and Suffering
- Loss of Essential Services (lawn care, housecleaning, ect)
- Attorney Fees
- Loss of Wages
- Medical bills
If you have a gap in coverage, contact us to discuss your options.
Written by: Casey Shipley