What is an umbrella policy? That is a supplemental or rider policy that adds coverage to your homeowners' policy. For example, if you live in Florida, Louisiana, or other states where tropical systems can hit, you may have a hurricane deductible in your policy. This can be as much as 10 percent of the value of your home. However, it’s possible to get an umbrella policy to cover that 10 percent if your home is ever damaged by a hurricane.

Depending on the size of your company and the laws in your state, you may need worker’s compensation insurance. This insurance protects your employees when they are injured in the workplace or out of the office while performing duties for the company.

One of the biggest benefits of homeowners' insurance is the comprehensive financial protection that comes with it. If you have a nice home with a lot of beloved personal possessions, then homeowners insurance will protect your investments from any type of loss, whether it is theft or damage by wind, water, or fire.

The bottom line is, not having insurance or not having the right kind or amount of coverage can put your business at significant risk. Without adequate insurance, even your personal assets can be vulnerable to fire, theft, or lawsuit.

If you tell us about your vehicle and your personal situation, we can figure out ways to lower the cost of your auto insurance policy. For example, if you have an older car, you can drop collision coverage. That will save about 30 percent on your premium, but leaves you without coverage if your vehicle is damaged in an accident.