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Most people think the biggest risk to their home is a fire or a bad storm. It’s why they buy insurance (and the fact it’s required by their mortgage lender).
But in reality, the biggest concern is protecting your assets from a liability claim. Consider this possible scenerio:
Warm weather has arrived for the weekend, and the sun has finally come out. Everyone in the neighborhood is beginning their spring yard work. Mowing, planting flowers, and digging those vegetable gardens. There is a lot of work to be done!
So, let's say that you've dug a large hole in the front yard so you can plant a new tree. You walk away for a moment and while you're gone the kid next door runs through the yard, falls in the hole, and breaks his ankle.
Unfortunately, you could be held responsible for his injury. But, not to worry, your homeowner's liability insurance is made for these kind of situations. It will pay if someone is injured on your property. It's also the coverage that protects you if the dog bites your child's friend (as long as it's not a restricted breed) or if your cousin trips and falls down your front steps.
If you have a large number of assets, then you'll want higher liability coverage. If the injury exceeds your liability coverage amount, then you could be sued for the difference. That's where an Umbrella Insurance policy can protect you. Contact SAV-ON Insurance; we will be happy to work with you to determine the amount of coverage that you are comfortable carrying.
No one can protect themselves by just being careful alone. There are too many possible scenarios that you could never avoid. But with the right insurance coverage, you'll never have to worry.
Call SAV-ON Insurance today at 888-867-2866 for a free review and to discuss how much liability coverage you need.
It won’t be long now before you’re back out on the water. Are you counting down the days?
While everyone loves to hit the lake on the boat, there are a few things you need to take care of first.
Do you have your Washington Boater's Card?
In Washington, if you were born after January 1, 1955, you must take the boaters exam and pass it to earn your Washington Boater's Education Card. Without that, you cannot operate a boat in the State of Washington. Go to the https://boat.wa.gov/ to find out more and sign up for the test.
Are you properly covered?
Since boat insurance isn’t required (in most states), a lot of people skip it in order to save money. But that’s a very risky idea!
First, without coverage, you’re risking all the money you spent on your boat. Would you drive your expensive car without insurance? Probably not!
Second, boats and personal watercraft (jet skis) are a liability exposure. That means that they open you up to lawsuits. If you were to have an accident and damage someone’s boat or personal property, then you could be held responsible.
With the proper insurance coverage, this wouldn’t be a problem. You’d be protected! In fact, we typically recommend that clients with a high level of assets purchase extra liability coverage if they own a boat.
All in all, purchasing boat owner's insurance is a simple way to give yourself a lot of peace of mind. Who wants to worry about insurance when they’re out on the water?
Call SAV-ON today at 888-867-2866 for a free quote on your boat or personal watercraft.
Warm weather has arrived for the weekend, and the sun has finally come out. Everyone in the neighborhood is beginning their spring yard work. Mowing, planting flowers, and digging those vegetable gardens. There is a lot of work to be done!
