TN Auto Insurance-Home Insurance-Covington TN

Insuring Your Autos in Covington TN

If you live in Covington, TN and are currently carrying the minimum limits of liability required by the state of Tennessee, you might want to reconsider your coverage.

The Tennessee state minimum property damage liability

coverage is $ 10,000.

Do you completely understand what could happen

if you are found to be at-fault in an accident which

totally destroys a $ 40,000 vehicle ?

According to car accident statistics released by the United States Department of Transportation's National Highway Traffic Safety Administration . . .

There were 43,000 deaths in 2002 due to
auto accidents.
In 2003, the total number of auto accidents
was 6,328.000.
More than 25% of all car drivers were
involved in auto accidents in a five year period.

Insuring Your Home in Covington TN

Your home in Covington, TN is probably the largest single investment you will ever make. It only makes sense that your home insurance program be designed accordingly.

Your home's current market value and the amount of money it would take to totally rebuild it will most often be two different amounts.

Does your home insurance policy cover the full "replacement cost" or is it an "actual cash value" policy?

Replacement Cost

This insurance coverage will provide the amount of money necessary to replace the damaged property with one of similar type and quality at the "current price".

Actual Cash Value

This insurance coverage will provide reimbursement for damaged property at its "depreciated value".

In addition to providing insurance protection for your home, your home insurance policy should provide coverage for:

Other buildings or structures on the property
Personal Property-furniture, clothing, appliances, etc.
The cost of additional living expenses should you be unable to live in your home due to a covered loss.

At Carlton Group Insurance Services, we believe that the true purpose of home insurance in Tennessee is to bring a person back to the same financial condition as existed prior to a covered loss.

If your home insurance policy in Covington, TN is not properly designed or it is inadequate in amount or types of coverage, this will not happen.