Frequently Asked Questions

Automobile Policy Questions

• How Much Auto Insurance is Enough?
• I have an older car whose current market value is very low. Do I really need to purchase automobile insurance?
• What is the difference between collision physical damage coverage and comprehensive physical damage coverage?
• What factors can affect the cost of my automobile insurance?

Homeowners Policy Questions

• What does homeowners insurance cover?
• How Much Home Insurance is Enough?
  
• How Can I Be Sure I Have Enough Insurance?
  
• What is the difference between "actual cash value" and "replacement cost"?
  
• What factors should I consider when purchasing homeowners insurance?
• What are some practical things I can do to lower the cost of my homeowners insurance?
  
• What are the policy limits (i.e., coverage limits) in the standard homeowners policy?
  
• Where and when is my personal property covered?

Renters Insurance Questions

• Why would I want to buy renters insurance?
  
• How does a renters policy protect my personal property?
  
• Why do some apartment complexes require tenants to have renters insurance?
  
• What if I share my apartment with a roommate? Do we both need to have renters insurance?

Life Insurance Questions

• What Types of Life Insurance Are Available?
  
• How Much Life Insurance Do I Need?
  
• What about purchasing life insurance on a spouse and on children?
  
• How does mortgage protection term insurance differ from other types of term life insurance?
  
• Can an existing life insurance policy be used to provide for the repayment of an outstanding mortgage loan?

General Insurance Questions

• What kinds of questions should I be expected to answer when I am applying for an insurance policy? Why do insurers need so much information?
  
• What is a personal umbrella liability policy?
  
• How do I know if I need a personal umbrella liability policy?