Dick Hannah Insurance Agency

Most homeowners policies will cover water damage from burst pipes or water heaters when the cause is sudden and accidental (but not the damage to the pipe or water heater if they burst because of defect or wear and tear). So, if your water heater bursts and soaks your drywall, you're likely protected from the water damage. Water damage from a flood requires a separate flood insurance policy. Water damage from water backup from sewers or drains or overflow of water from a sump pump typically requires additional optional coverage. A homeowners insurance policy may help cover damage resulting from a number of incidents, but likely also comes with a list of scenarios that it won't cover. Also, remember that coverage limits and deductibles will apply. Get informed about the specifics of your coverage by reviewing your policy, or call your agent with questions.

Personal liability coverage is a typical component of a homeowners insurance policy. While no one expects to be held liable after an accident at their home, liability coverage may help prevent you from paying out of pocket should the unexpected occur. Think about, for example, what would happen if someone were to take an unfortunate spill down your stairs. Ultimately, you could be held responsible for their medical expenses if you are found to be legally liable for the accident. Examples: Medical Bills Pain and Suffering Wages Death Benefits Legal Costs Personal Liability coverage away from home

A renters insurance policy is a group of coverages designed to help protect you and your belongings. A typical renters insurance policy includes liability coverage, protection for your belongings and coverage for additional living expenses, should the home you are renting become temporarily uninhabitable. While you may not always be able to prevent certain situations, such as a break-in or visitor's injury, renters insurance, sometimes referred to as "tenant insurance," may help minimize the impact, whether you're renting a single-family home or an apartment.

Whole life insurance is a type of permanent life insurance. It's also the most common, according to the Insurance Information Institute (III). Like most permanent life insurance policies, whole life offers a savings component, called "cash value," and life-long protection — as long as premiums are paid, whole life provides a death benefit after you die.

A contract between you and your insurer, that can be used to provide income during retirement.

Gap insurance is an optional car insurance coverage that helps pay off your auto loan if your car is totaled or stolen and you owe more than the car's depreciated value. Gap insurance may also be called "loan/lease gap coverage." This type of coverage is only available if you're the original loan- or leaseholder on a new vehicle. Gap insurance helps pay the gap between the depreciated value of your car and what you still owe on the car.

If you're injured in a car accident, medical payments coverage may help pay the following expenses for you or your passengers: • Health insurance deductibles and co-pays • Doctor or hospital visits • Surgery, X-rays or prostheses • Ambulance and emergency medical technician fees • Professional nursing services

A typical insurance policy is a collection of coverages — and each coverage has a limit. So, you'll likely have multiple limits within one policy. If you have any other questions, please feel free to give us a call.