There are many types of insurance policies being offered today, each are specifically structured to protect certain assets and valuables. For those with enough resources to do so, it is often recommended to purchase multiple insurance policies to ensure that a good chunk of your assets are protected.
Because of the rigorous process that policyholders have to go through in fully understanding their policies and in the event of claiming them, it is best to hire an insurance lawyer in Jacksonville Florida to guide you through each step. Insurance lawyers are capable of assisting in different kinds of coverage, with the main types being:
Health Insurance
Starting off with the top recommended insurance to purchase, health insurance is one that anyone from different walks of life and varying lifestyles can benefit from. This type of insurance protects the client from having to pay for soaring costs of healthcare.
Most standard healthcare insurance packages cover the majority of common illnesses already. However, more premium or unique packages are what cover critical illness and pre-existing medical conditions.
Life Insurance
Life insurance is another top recommendation to invest on. It is another widely distributed insurance policy and is structured to provide beneficiaries ample protection in the event that the policyholder passes away.
Home Insurance
While it may not be as universally applicable compared to health insurance and life insurance, home insurance still ranks on our top 4 most important types of policies to acquire.
Home insurance protects one’s private party if it has been physically damaged either due to accidents or natural disasters, typically including fire, flood, storm hail, wind, accidents, and other unfortunate events.
However, the specific coverage can heavily differ in rates and inclusions. These could shift based on location, state and ZIP code since different areas have varying levels of vulnerability.
Car Insurance
Ranking fourth on our top insurance lists is car insurance. Motor accidents can lead to substantial physical damages on your vehicle. Bringing it into the shop to repair and replace necessary parts can be very costly.
Additionally, certain policies also cover the repair and replacing costs of the third party’s vehicle (if applicable), which you may claim in the event that the accident was your responsibility.
Disability Insurance
Policyholders who are not capable of earning a living due to either short or long-term disability are entitled to receive compensation under the disability insurance.
Liability Insurance
In the event that the policyholder should receive a claim stating injury or damage has been done to another person or property, having liability insurance can protect the policyholder. However, the following are not covered:
Liability insurance is usually required under your car insurance policy, if you manufacture products, if you practice medicine and/ or if you practice law.
More often than not, insurance providers tend to delay the release of benefits, undervalue the compensation, or even deny it entirely.
An insurance lawyer in Jacksonville Florida can assist with the claiming process and increase one’s chances of receiving what they are rightfully due.
Here at The Chad T. Wilson Law Firm, we strive to get our clients the most out of their coverage and maximize their investment.
The characteristics of insurance are:
No, homeowner’s insurance only applies to those who own the property. If you are renting the space, you may purchase Renter Insurance instead. This is structured to better meet the needs of individuals and families who do not own the property but are residing in it together with all their personal belongings.
The two types of insurance are rather similar in that they cove all the important factors such as personal property and personal liability. However, protection for the building itself is not present with Renter Insurance.
City Information on Jacksonville, Florida
Jacksonville, Florida ranks #12 on the most populated city list in all of the United States, and is by far the most populated in Florida. The city is known for its deep military history and was founded back in June of 1822. Its name takes after the first ever military governor of the Florida Territory, Andrew Jackson. He also eventually served as the 7th President of the United States.
Jacksonville is home to the 3rd largest seaport in all of Florida, Jacksonville Zoo and Gardens, The Cummer Museum of Art and Gardens, the Florida Theater, and St. Johns Town Center.
2900 Westfork Drive, Suite 401, Baton Rouge,
LA 70827,
United States
