Personal Insurance Coverage Review

Matthew Wolf, MBA, AAI

© 2015 Matthew R Wolf, Inc.

DisclaimerTHE ABBREVIATED OUTLINES OF COVERAGES USED THROUGHOUT THIS

PRESENTATION ARE NOT INTENDED TO EXPRESS ANY LEGAL OPINION AS TO THE NATURE OF COVERAGE. THEY ARE ONLY VISUALS TO A BASIC UNDERSTANDING OF COVERAGES. ANY STATE REQUIRED OR STANDARD AMENDATORY ENDORSEMENTS ALSO WILL BE PART OF A POLICY ISSUED TO YOU. ANY COVERAGE NOT NAMED, BUT WHICH HAS BEEN REQUESTED AS PART OF DESIRED INSURANCE COVERAGE, REMAINS UNDER CONSIDERATION OR WILL NOT BE OFFERED. PLEASE CONTACT YOUR AGENT FOR CURRENT COVERAGE AND OTHER UNDERWRITING INFORMATION. FOR SPECIFIC TERMS, CONDITIONS, LIMITATIONS AND EXCLUSIONS OF ANY OFFERED COVERAGE; PLEASE REFER TO THE ACTUAL POLICY FORMS, WHICH MAY BE OBTAINED BY YOUR AGENT.

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The Basics● Home Insurance

● Dwelling● Contents● Personal Liability● Loss of Use

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Did you Know?● Home Insurance Can

Cover:● Personal Articles:

Jewelry, Watches, Collections, etc.

● Identity Theft● Water/Sewer Back-

Up● Mold Remediation● Earthquake● Landslide

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Did You Know? (cont.)● Liability :

● Medical Payments● Personal Liability● Slip/Fall on premises

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Did You Know? (cont.)● Liability options:

● Use of owned and nonowned pleasure watercraft.

● Golf carts on and off premises.

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The Basics● Auto Insurance

● Liability● Physical Damage

● Comp/Collision

● PIP Coverage● MCCA● Mini-Tort

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Did you Know?● Auto Insurance Can

Cover:● Rental Coverage● Roadside Assistance● Personal Items such

as cell phones, iPods, etc.

● Custom work● Loan/Lease Gap● Lock Replacement

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Did You Know?● Auto Insurance Will

NOT Cover:● “Loss of use” for a

rental car.

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The Basics● Umbrella Liability

● Fills Coverage Gaps● Some types of liability

claims may not be covered by your current homeowners or auto policies.

● Pay s Defense Costs● Typically will cover the

cost of a legal defense if a suit is filed against you.

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Did you Know?● Umbrella Liability:

● Provides Personal Injury Insurance● Can provide important

protection against libel, slander, invasion of privacy, malicious prosecution, defamation of character, or discrimination suits.

● Worldwide Coverage● Typically covers members of

your household no matter where a covered incident may occur.

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Questions?

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