You are properly covered if your policy's value is enough for you to rebuild your house if you had a total loss.  Since the replacement cost of your house can vary over time because of inflation, the costs of labor and building materials, and renovations you may make to your home, you should review your coverage every few years.  Plesae call Royal Insurance Agency for a comprehensive review.

Most items are covered up to stated limits for covered perils like theft or fire.  However some items including money, securities, water craft, trailers, grave markers, and guns have coverage limits.  If you lose a bracelet or drop a vase, that loss would not be covered unless the item was specifically insured or scheduled.  Damage to your personal belongings that is caused by pets is not covered.

Coverage is NOT provided to replace the costs of trees in your yard damaged by a windstorm.  However, if a fallen tree damages a covered structure on the property your policy may cover the cost to have the tree removed.  Contact Royal Insurance Agency to have us review your policy and coverage.

Most policies have no coverage for injuries you or household members sustain on your property.  The liability portion of your policy covers any injury to a neighbor or visitor that you are legally liable for.

Business income coverage is not necessary for every business.  However, if you decide not to purchase this coverage, it's important to understand what you will not have coverage for in the case of a loss.

Business income provides reimbursement for lost revenue after a covered insurance loss.  For a company that does not have a physical address that is crucial to its business, such as a contractor, business income is probabaly not necessary.  For store front or main street businesses, like a coffee shop, business income is a must.

If your business has employees then you are exposed for a loss related to employee practices.  This isn't just sexual harassment, it also includes unfair hiring or firing practices and unsafe work environment as well as discrimination.

Also note , that a loss from a 3rd Party that enters your business and may have nothing to do with it like the mail delivery person.  You can be sued for the things that this person does to your employees and there is no coverage for that under your general liability insurance.

Hired and non-owned auto liability insurance is a coverage found most often on a business auto policy or the business owners policies (BOP).  The coverage provides protection for the business in the event an employee gets into an at-fault auto accident while driving their own personal vehicle or any other vehicle not owned or a rented vehicle during the course of their work duty.  For example, you send an employee from HR to get supplies down the road, and they get into an accident on the way there, that is where hired and non-owned auto will kick in.