I had an experience a while ago with the last lady that managed my account. Any other agent I had spoken to about high rates had a canned response that “everything goes up”. Your agent called me back and explained the pricing for boat, house, auto and quad. Some of the rates had gone down and your company had shopped around in some cases for better rates. When she was done I had a thorough understanding of my policy pricing and understood some options to reduce those premiums.
Liability insurance is the coverage on property and auto policies which respond in the event that your actions cause someone to launch a law suit against you for bodily injury or property damage. For many years, $1 million liability limit was considered to be adequate, however, increasingly the courts are awarding sums above this amount. It is recommended the limit be increased to at least $2 million.
As well, in the event you have additional liability exposures such as volunteer work, community involvement or carpooling or, along with your home and auto, you have other property such as watercraft, cottage, or recreational vehicles, an Umbrella policy with coverage up to $5 million can be purchased for additional protection.
For Liability Insurance, call Morison Insurance or click below for a quote.
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