Tailored coverage for protecting your most treasured possessions.
The country’s most commonly used insurance policy for protecting homes, a package insurance policy provides property and liability coverages that can be tailored to the needs of most homeowners, condominium owners, and apartment tenants. Various versions are available depending on the type of dwelling insured and the scope of protection to be covered. Hood Hargett will guard your most prized possessions at the lowest possible rates.
Clear-eyed and sensible protection for your car and for you.
Depending on the policy, you are buying a package of individual coverages, each one protecting you against different types of losses. More often than not, the limits on the coverage and the deductibles are couched in all manner of confusing language. The policy may be structured to provide a combination of liability, personal injury protection, medical payments, uninsured and underinsured motorists, and physical damage coverages. Talk to us for a clear understanding of what you’re buying and what your exposure will be in the event of an accident.
Peace of mind for the priceless objects you treasure.
Does your homeowners cover the loss of furs, jewelry, fine arts, silverware, cameras, wine collections, musical instruments, stamp and coin collections, and similar property? Perhaps not. A personal lines inland marine policy is particularly appropriate for personal property on an all risks basis.
Excess / Umbrella Liability
An extra measure of security against catastrophic liability losses.
To protect against catastrophic liability loss, this policy grants liability coverage on top of the primary liability coverage provided by your homeowners, personal auto, watercraft, and any other scheduled underlying liability policies. It covers bodily injury, property damage, and personal injury, which includes offenses such as libel, slander, false arrest, invasion of privacy, and others. Perhaps the single most important coverage from an asset protection perspective, an umbrella policy can prevent a family from being totally wiped out from a catastrophic suit.
Essential coverage to protect your property against flood damage.
Coverage for damage to your property caused by flood may be available by endorsement to an all-risks policy or to a difference-in-conditions policy. Historically, flood insurance has been placed through the National Flood Insurance Program (NFIP). However in certain cases (homes in certain flood zones), it makes sense to approach one of the many alternative, viable options in the private flood market that has entered the space in recent years. Coverage provided is subject to a per-occurrence sub-limit, an annual aggregate limit, and a separate deductible typically.
Residences in high-risk zones may need additional protection.
The federal government’s National Flood Insurance Program (NFIP) typically covers damages up to $250,000 to your home and $100,000 to your furnishings. If you live in a high-risk flood zone, an excess flood insurance policy to cover the additional worth of your home and the contents inside beyond what the NFIP covers may be necessary. Hood Hargett has the knowledge to help you navigate this type of insurance.
Boat / Yacht
Property damage to boats is on the rise. Protect your investment.
With incidences of property damage to boats on the rise, many states now require boats to be insured. Boats on a loan or moored in a marina also likely require insurance. These policies for individuals and families combine property, liability, medical payments, and uninsured boat owners’ coverage, filling the property coverage gap found in most homeowners policies. Work with Hood Hargett to feel confident you are adequately covered and have found any savings that may lower your premium.
Cyber / Data Breach
Reassurance against the growing threat of data thieves.
Data breaches have become a fact of life in today’s world. If you use any of today’s digital devices and access the internet, it’s a sad reality that your personal information, health records, credit card numbers, and Social Security numbers could be hacked, putting you at risk. To address the possibilities and the potential fallout, talk to Hood Hargett.