Rising housing costs have increased overall property value so its crucial to have the right type of homeowners insurance to protect your assets. At SIB Insurance understand that your home is one of your largest and most important investments. We can help you find customized personal insurance plans, like homeowners and flood insurance, that will cover the unique needs of living in your specific location. We offer comprehensive coverage based off of your specific goals and budgetary requirements.
Your home is likely the biggest investment you will make in your lifetime. In fact, when you buy a home, the mortgage company often requires you to purchase homeowners insurance. This becomes a protection for the loan, so that you can continue to pay it back. Payment for insurance is often added on to your mortgage payment.
Homeowners insurance protects you from having to pay out of pocket for damages from hurricanes, house fires, winter storms, and more. Homeowners insurance often doesn’t just cover the cost of repairs in the event of damage. If your home burns down and you need to stay in a hotel or a rental property, your homeowners insurance can help pay for your temporary housing and living expenses. Your plan likely also covers the cost of the belongings you may lose if your home is burgled or damaged by a natural disaster.
It’s important to have insurance in the event of a liability, too. If someone is injured on your property, you may be held legally responsible to pay for their medical bills and other damages. Your insurance plan will help pay so that you are not left paying out of pocket.
Over the past 25 years we have witnessed deadly storms that have caused devastating damage to homes across the county. Without proper flood insurance, you can lose your home and personal belongings to a powerful storm. People living on the coast are vulnerable to flooding from many summer–and even winter–storms. Hurricanes and Nor’easters both bring dangers of high surf that can lead to floods in homes. Heavy rainfall can also lead to flooding in homes that are more inland. These floods can cause significant damage to homes and belongings. Though regular homeowners insurance usually covers water damage caused by things like broken pipes, it does not always cover damages caused by floods due to rising bodies of water. That’s why it’s important to look into separate flood insurance, especially if you live near the water. In fact today mortgage companies require flood insurance to qualify for a loan. Call our sales agents today at SIB Insurance so we review the right flood insurance policy for your home.GET A QUOTE
Motorcycles can be a convenient way to get around, but they can also be quite dangerous. If you own a motorcycle, you are legally required to carry motorcycle insurance.At SIB Insurance our motorcycle insurance policies are customized to your unique requirements and lifestyle. Our experienced insurance agents will thoroughly review specific insurance options tailored to your budget and needs.
Like car insurance, motorcycle insurance can help cover roadside issues, such as if your motorcycle breaks down and you need to be towed. Flat tires, emergency fuel delivery, breakdown repair, and other repair services are also often covered so that you are not left in the lurch during an emergency.
Helps cover medical bills
Covers damage to the bike
Covers damage to other vehicles in a collision
Offers liability protection for injuries to other people
Helps protect against property damage
Uninsured/underinsured motorist coverage
Umbrella insurance covers you in the event that your regular homeowners or auto insurance isn’t enough. While this situation may be rare, it is still possible, and you want to be ready. Unlike other insurance policies, umbrella insurance doesn’t just cover the holder of the policy–it covers everyone in the household. That means that if someone in your household gets into a major car accident, your umbrella insurance policy will cover that person’s damages.
A big reason to have umbrella insurance is to protect you from having to pay everything you own in the event of a lawsuit.
It is unlikely such an event will happen, but there are true stories of people becoming financially ruined after being sued for an astronomical amount of money. While anyone can get sued, there are those who are in situations that make them more likely to get sued than others. These include people who:
Own and rent out property
Have others working for them in their home
Own a trampoline or a swimming pool
These scenarios put those people at risk of becoming liable for payment due to someone getting seriously injured on their property. If you fall into one of these categories, or a related category, umbrella insurance may be a smart investment.
Our experts can help you decide if umbrella insurance is right for you, and we will make sure you have the best plan for the lowest possible rate.
We always have the best interest of our clients in mind when we search for the best insurance policies to meet their needs.
Our experts understand the issues that our clients face, between inclement weather, living near water, and high cost of living.
With over 20 years of experience, we are able to find policies for our clients that provide ample coverage with the lowest rates.