10 Things you should know about insurance and investments. 

1. Your Homeowners policy only provides $2500 coverage for personal business property in your home.  If you have a home office, you may need to increase coverage to fully protect your computer, office furniture, equipment, filing cabinets, etc.
2. If a tree falls on your vehicle, the damage is not covered under your Homeowners policy.  You are covered only if you carry comprehensive coverage on your auto policy.
3. Without a renter's policy, the contents of your apartment are not covered if they're stolen or lost in a fire. 
4. Your Homeowners policy alone does not cover flood damage.  If houses in your neighborhood have flooded in the past, you should check into a flood policy
5. You can lower your payments on most policies simply by raising your deductible. But, a higher deductible does mean you'll pay more out of pocket if you have a claim
6. On average, Social Security and a traditional pension provide only 45% of the retirement income needed by most people.  You can help bridge the gap by contributing to an IRA.
7. If you drive in a carpool, you might need to increase the medical coverage on your auto policy to fully protect your passengers.
8. An employee who is injured while driving a business vehicle is covered under workers' compensation-- NOT under the commerical auto policy.
9. 3 out of 5 people over the age of 65 require nursing home assistance.  A long term care policy can help protect you from the financial burden of nursing home costs.
10. Your company could be liable if an employee has an accident while operating theri own vehicle for work purposes.
11. If your auto policy was cancelled for non-payment of premium within the past 2 years, you must pay the entire yearly premium.   Ask about our finance company if you can't afford the entire premium.