THE SMART WAY TO BUY INSURANCETM
Thousands of Trusted Choice® insurance agencies offer you a broad selection of insurance policies, companies and financial services, customization of coverages for home and business, and advocacy support. These firms are committed to providing customer service designed to help you meet your insurance needs. They benefit from access to many leading insurance companies. You can find a Trusted Choice® agency in your local community by using our Agency Locator. Or you can research topical insurance subjects—from auto to small business.
Trusted Choice® Consumer Watch:
What An Umbrella Policy Is, and Why You Might Need It
Most Americans view auto insurance as necessary to protect against the costs of a car accident. Likewise, it’s common knowledge that homeowners insurance helps families rebuild their lives and homes. An “umbrella” policy is not as well known, but anyone who owns a home or any assets should consider buying it. Umbrella liability insurance covers you in many situations if you are held responsible for bodily injury, property damage, or personal injury. The product got its name because it adds a higher level of protection above auto, homeowners and boat policies, which are “primary” policies. Umbrella coverage kicks in after primary insurance is exhausted. What’s more, an umbrella policy offers primary coverage for losses not covered by other insurance. Click here for the entire article.
Holiday Shoppers Misinformed on Insurance Coverage
As the holiday shopping season kicks off, about 42 million American households plan to give or receive high-tech electronic products this year. However, about seven out of eight households don’t fully understand key aspects of their insurance coverage for these purchases, according to a new national survey by Trusted Choice® and the Independent Insurance Agents & Brokers of America (the Big “I”). For the survey, respondents were asked if they were going to purchase or receive electronics, including iPods and iPhones, video gaming systems, computers and plasma televisions, during this holiday season. In addition, when asked, only about one fifth of survey respondents reported ever contacting their insurance agent with questions on coverage for high-tech electronic products when they purchased them in the past. The good news for consumers is that most electronic gadgets are typically covered under the standard homeowners or renters policy. However, there are some common and important exceptions that many consumers don’t understand. For more on this, please click here.