Insurance is one thing in life that needs to be seriously considered before an incident or accident occurs because waiting “until”, means you waited too long.
This holds true for both personal and business insurance. In both cases, if uninsured, you could potentially lose out big financially.
Home Owners and Condo Insurance
Owning a home is one of the biggest investments most people make during a lifetime. Leaving that uninsured is to leave your investment at risk. Should a natural disaster happen, a fire occurs, a pipe leak or burst, a tree falls on your house, or even someone slips and falls on your property without insurance those bills come out of pocket.
If you are in an accident and found to be driving uninsured you will lose your license and right to drive. That is on top of having to pay for all of your own repairs and medical bill as well as the damage caused to the other party’s property and body as well. The financial statistics for accidents can go from a few hundred dollars for a minor fender bender to millions if someone is injured and requires hospitalization.
Just because you don’t own your home doesn’t mean your possessions aren’t valuable. Renter’s insurance covers your contained personal items – furniture, clothing, jewelry, appliances, and more should something happens such as a burglary or a fire. Additionally, like homeowners insurance, should someone be injured at your home, you are covered up to the set limit, helping to protect you from financial disaster.
This encompasses the area of specialty, commercial, and contractors insurance. No matter what your business category you need to be well covered. We live in a very litigious society. People are sue happy and do not hesitate to take someone (or some business) they feel wronged by to court.
Having insurance in place helps to protect in the event of a lawsuit as well as should a client or customer become injured on the grounds or by the company or product in some way. This may include data breach coverage, equipment break down coverage, cyber liability coverage, and even employment practices coverage. The level of coverages and inclusions is completely chosen and tailored for the individual business.
If you aren’t positive that your home, person, or business is fully and properly insured please give us a call and do a double-check and let us see how we can help and at the very least offer suggestions. www.cisinsfl.com. (239) 247-5125.