Personal Insurance

Personal insurance can protect you and your family in the event of unexpected or unplanned circumstances. Unfortunately, many people don’t have adequate insurance, and when disaster or peril strikes, they are without insurance and the necessary financial resources. Having the proper coverage for your particular situation and lifestyle can make all the difference and give you the assurance that help will be available when you need it.

Who Needs Personal Insurance?

Everyone. Personal insurance covers a wide range of areas, so even if you are single and don’t own many valuable assets, you can still benefit from coverage such as low cost health insurance or a renter’s policy for only a few dollars a month ($10-$15).

Why Do You Need Personal Insurance?

Sometimes unexpected things happen to throw a wrench into even the best laid plans. You can’t always predict the future, but you can do your best to prepare for unfortunate circumstances. Personal insurance can:

  • Protect your assets
  • Secure your financial future
  • Help you recover from accidents, disaster, or unexpected illness
  • Allow you to maintain your lifestyle
  • Provide for your family’s needs after death or disability

Since everyone’s needs are different, it is important that you be aware of the options available and get the right amount of coverage, limits and deductibles.

Types of Personal Insurance

Homeowner/Renter/Condo Owner Insurance: Your home is a major purchase and likely one of the biggest investments you will make, so it is important to protect it. Homeowner’s insurance can provide coverage for your house, property, other structures, and personal belongings in the event of fire, natural disasters (flood, wind, hail, etc.), theft, vandalism or other perils. Be sure to have the correct “Replacement Cost” terms. Many policy’s offer much more than just the basic additional coverage of 120%.

Renter’s insurance will cover contents and possessions. Condo Owner’s policies are broader and may also apply to interior structures such as cabinets and fixtures.

Personal Articles/Valuable Articles: Due to the limitations of some homeowner’s policies, many people feel the need to carry extra coverage for valuable items such as jewelry, antiques, collectibles, musical instruments, fine arts, sports equipment, or high-end electronics.

Automobile Insurance: Automobile insurance will provide protection for all your personal vehicles such as cars, vans, and trucks. Collision, comprehensive, liability, and added accident benefits may be included . The type of policy you choose will depend on where you live, the distance you travel, and the value of your vehicle.

Recreational Vehicle Insurance Coverage: This additional coverage will protect motor vehicles that are not covered under your traditional automobile insurance such as ATVs, snowmobiles, motor homes, and motorcycles.

Boats: Boater’s insurance is usually a separate coverage due to the unique risks associated with the owning and operating of a water vehicle. Policies typically provide liability coverage as well as medical coverage for injuries to occupants, protection against sinking, storm damage, collisions, fire or explosions, and theft.

Life Insurance: If you have a family, it is important to have a way to secure their financial future if something unexpected should happen to you. A life insurance package can provide your beneficiaries with financial resources to cover expenses and continue meeting their obligations. There are several types of life insurance available including term, permanent, and accidental death, and packages will vary in price depending on your needs and budget.

Health Insurance Coverage: Medical care and prescriptions can be expensive, especially if you were to become sick or injured for a long period of time. Various plans are available including personal health, long-term care, critical illness, or disability insurance. Depending on the type of plan you choose, your coverage could include hospital costs, lost income, medications, and specialized equipment (braces/supports, walkers, wheelchairs etc.).

Umbrella Insurance Coverage: This is also referred to a Personal Liability Umbrella Policy because it typically provides coverage over an existing home and auto insurance program. It will help cover large judgements and settlements if you accidentally cause bodily harm to another person or damage their physical property. Lawsuits are becoming more and more common, and victims are often being awarded substantial settlements that are greater than the liability limits in typical homeowner’s or motor vehicle policies. In addition to your present policies, you may benefit from the extra protection offered by umbrella insurance coverage.

No one likes to think about accidents, disasters, or unexpected illness and death, but life can often be unpredictable, so it is important to have the insurance policies in place that can help you when the unexpected happens. Personal insurance coverage can help you and your family get through those unplanned circumstances so you can rebuild, recover, and continue enjoying your life.

Call 949-933-3639 for more information or a free quote.

Contact Elmco Directly:, 714-973-1436