Personal Insurance
Protect your investment with a well-written homeowner's policy. It will pay to replace any of your personal property that is destroyed in a fire or other disaster. The policy will also be your first line of defense against a lawsuit from someone injured at your home. The typical homeowners policy has two sections: covering the property of the insured and providing personal liability coverage for the insured. You may also want to add on "replacement cost" coverage and/or flood coverage depending on your location.
This coverage has two parts. The first is the liability section of the policy. It covers your financial responsibility for injuring others and some coverage is required by most states. The second part covers the car itself: comprehensive coverage reimburses losses from fire, theft or other perils; collision coverage pays to repair losses caused by an accident. Often this coverage is mandated by leasing companies or banks. Utilizing high deductibles on the physical damage coverages can help reduce premiums. Optional coverages include rental reimbursement and towing and labor. If you carry umbrella insurance, you must be sure that you carry the required amount of basic liability insurance to avoid a gap in coverage for a serious accident.
The Mack Agency provides term and universal life insurance policies with programs tailored to meet the specific needs of individuals or corporate buy-sell agreements.
