Top 5 Essential Insurance Coverages Everyone Needs to Consider

The scraping, bending metal crunch could be heard down the block.  No one was injured.  But these cars were going to need repair. 

It would have only cost her $15 to repair the U-Haul.  But her husband didn’t want to get suckered into being nickeled-and-dimed into paying for another upcharge. 

They didn’t add on the accident insurance.  They wish they had. 

Sometimes companies convince you to add on services, features, and upgrades you’ll never need.  You may even get hassled to buy an extended warranty. 

While not every add-on or upgrade is necessary, some are essential. 

Why You Need Insurance Coverage

Had this couple simply spent the extra $15 on their U-Haul, they wouldn’t have had the massive hassle that followed the accident that wasn’t their fault. 

This is the nature of insurance.  For some, it can feel frivolous.  You pay for coverage you hope you’ll never need. 

This is the nature of accidents.  You don’t see them coming.  If you did, you would avoid them. 

Accidents disrupt your life and cause you to devote time and resources on repairs you weren’t planning for. 

Without the proper insurance coverage, you can be stuck with a mess – and bill – you can’t afford.   

The Top 5 Insurance Coverages You Need

Our team at JFA Insurance Brokerage and Associates has protected people and helped them recover from accidents for more than 30 years. 

Here are the top 10 insurance coverages every person needs to consider. 

1: Health Insurance

Health insurance can be challenging to navigate.  You need to select an HMO, consider what doctors, hospitals, and clinics are in your network, balance premiums and deductibles – and more. 

Further, not every plan offers comprehensive coverage.  Here are a few of the “a-la-carte” health insurance coverages we can help you obtain:

  • Individual & Family Health Insurance
  • Group Health Insurance
  • Long-Term Care Insurance
  • Dental Coverage
  • Vision Coverage
  • Temporary Health Insurance
  • Supplemental Insurance
  • Medical Expense Insurance
  • Child Health Insurance
  • Travel Health Insurance
  • Prescription Insurance

If you run into issues with your health, the last thing you want is to have to wrestle with obtaining the resources you – or your loved ones – need to recover. 

The proper health insurance solves this problem. 

2: Homeowners’ or Renters’ Insurance

Little is more important in life than your home.  A home, whether owned or rented, is your sanctuary.  It’s a place where memories are made, and dreams are shared. 

Why leave the security of your home vulnerable to inevitable threats?  In 2022, lighting caused over $950 million in homeowners’ insurance claims. 

Storms will come.  We can help you prepare.  Here is a sample of our offerings:

  • Property Insurance
  • Homeowners Liability
  • Flood Insurance
  • Condo Insurance
  • Renters Insurance
  • Landlords Insurance
  • Mobile Home Insurance
  • Scheduled Property Insurance
  • In-Home Business Insurance

Get the homeowners’ or renters’ insurance you need today!

3: Disability Insurance

Most people earn a living by trading time, skills, or products for money.  What happens if you are in an accident and are unable to perform the tasks that allow you to earn income? 

This is where disability insurance comes in.  With disability insurance, you can continue to pay your bills and keep you and avoid falling into severe debt.

If you cannot work due to injury or other illness, a disability insurance policy will pay a portion of your income, usually between 50 and 70 percent.

Disability insurance is purchased for a period of time, such as a two or five-year term, and benefits will only be paid if you become disabled during the term of the policy.

We can help you process the factors in your life and work situation and help you design the best policy that meets your personal insurance needs.

4: Business Owners’ Policy

If you own a business, you must obtain a Business Owners’ Policy that works for you.  Business owners have enough to worry about – cash flow, market share, employee care, and more – you shouldn’t need to experience anxiety over insurance issues as well. 

Our team offers the following components to a Business Owners’ Policy:  

  • Products and Completed Operations
  • Premises Liability
  • On-Site Equipment Insurance
  • Business Income Insurance
  • Premises Medical
  • Coverage for Inventory Loss
  • Building and Personal Property Protection
  • Fire Legal Liability
  • Crime Insurance

We have the expertise you need to secure the right Business Owners’ Policy for your brand!  

5. Umbrella Insurance:

Did you know that your insurance policies have a limit to the extent of the damage they’ll cover?  This is why you need to consider adding Personal Umbrella Insurance.

This coverage can kick in when you reach your policy’s limits.  With Personal Umbrella Insurance, you will have the peace of mind to engage in life fully. 

Ready to Secure the Insurance You Need?

Reach out today!  Our team of friendly experts is ready to guide you to the insurance coverages you need. 

Don’t worry.  You can receive a free quote without making any commitments.    

There’s a reason we’ve been in business for more than 30 years.  It’s because we care about you.  We’re not interested in simply closing a deal.  Our goal is to build life-long relationships. 

We would be honored to ensure you have the insurance you need to live your dream life! – Howdy!  Here’s the first blog for JFA for June.  

Let me know if you have any questions.

_Assigned to Philip Alexander_

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