Alex Lopez Insurance Agency Blog: coverage
View the latest blog posts from Alex Lopez Insurance Agency.
Wednesday, January 6, 2021Renters insurance coverage covers costs associated with property damage, stolen property, personal liability and medical payments if a guest is hurt inside your rental property. It even provides reimbursement if you’re displaced because of damage to your rental. READ MORE >>
Friday, October 23, 2020What is a deductible? An important part of your homeowners insurance policy is your deductible. This applies not just to homeowners insurance but also renters insurance, car insurance and life insurance. READ MORE >>
Monday, October 5, 2020Although more households are choosing to rent their homes rather than own them, not many renters are choosing to insure their belongings. According to the Insurance Information Institute, 91% of homeowners have homeowners insurance, but only 46% of renters have renters insurance. READ MORE >>
Thursday, August 27, 2020What is covered with liability insurance? Liability coverage does not cover any damage to your own vehicle in the case of an accident. What it does cover is any damage done to other vehicles that you’re legally obligated to cover. READ MORE >>
Thursday, July 2, 2020Most people would never consider opening a business without first purchasing property insurance to cover the cost to repair or replace a building or equipment that’s been damaged due to a covered peril. But too many business owners fail to think about how they would keep their business afloat if they were forced to temporarily close. READ MORE >>
Tuesday, June 30, 2020What is vehicle storage insurance?
Actually, there isn’t a type of insurance called “vehicle storage insurance”. When people talk about insurance for stored cars, or “parked car insurance”, what they usually mean is that they will cancel liability and collision, and... READ MORE >>
Tuesday, June 23, 2020The basics of umbrella insurance Umbrella insurance is extra liability coverage that goes above and beyond the normal limits of auto, homeowners or watercraft insurance and which kicks in after you reach the liability coverage limit on your other insurance policy or policies. READ MORE >>
Thursday, June 11, 2020 In the event of a hit-and-run accident, you might be wondering if your car insurance will cover the damages. Typically, your insurance policy will cover a hit-and-run accident, assuming you carry both collision and uninsured/underinsured motorist coverage. However, it’s still important to check. READ MORE >>