BRIGHTWAY INSURANCE, INC.
JACKSONVILLE, FLORIDA

All Homeowners insurance companies are not created equal. The financial stability of a Homeowners insurance company is important, as is its reputation for claims handling and payment. Your insurance agent is your local expert; rely on him or her to help you sift through the dozens (or more) insurance companies doing business in your market or state to find the ones you should consider. Understand your deductibles and explore how higher deductibles may lower your premium but always choose deductible levels that you can afford in the event of a loss. The deductible is the amount you’ll owe and will need to pay first before the insurance company pays out on a claim in the event of a loss. . Coverage may vary by insurance company, but here are the basics: Bodily Injury Liability. As the name implies, it covers injuries that you cause to someone else. You choose the “limits” of your Bodily Injury Liability coverage (the maximum amount the insurance company will pay out in the event of a covered loss). Choose the highest limits you can afford; if you injure someone, you may be sued for a large amount of money. Property Damage Liability provides coverage for damage you may do to someone else’s property, including their car, fence, building or other structures. Again, you’ll have the opportunity to choose the limits of your coverage. If you add Collision coverage to your Auto insurance policy, you’ll have coverage for damage to your car resulting from just about anything except hitting a deer or other animal. With collision, you’ll need to choose a “deductible,” or the amount you’ll need to pay in the event of a covered loss before the insurance company pays its portion. Make sure you can afford the deductible amount. Uninsured or Underinsured Motorist Coverage will reimburse you if you are hit by an uninsured driver or a hit-and-run driver. And, if you include Underinsured Motorist Coverage on your Auto insurance policy, the insurance comany can provide reimbursement if you are involved in a crash with an at-fault driver who has insufficient insurance to pay for your loss Coverage that provides an alternate vehicle: “Coverage A” on a Homeowners insurance policy covers damage to your home’s structure. Your independent agent can help you determine your Coverage A, but here are some things to bear in mind when preparing for that discussion. Not only did my agent save me money on my insurance, they doubled my coverage. [He] canceled my old policy, and everything was done before lunch. I had my insurance cards in hand and ready to drive my new car home. It is a great relief when you receive good service and feel like you learned something. That is when you know you’ve made the right decision. Thank you, Brightway Insurance!