(508) 420-9011 • insure@mcsheainsurance.com • 1645 Falmouth Rd, Bldg D Centerville, Massachusetts 02632
Umbrella, Renters, Life, Flood:
Additional Insurance Policies We Offer
At McShea Insurance, we offer a variety of additional coverage options to protect you, your family, and your assets beyond standard home and auto insurance. Whether you're looking for extra liability protection, flood coverage, or life insurance, we have solutions tailored to meet your unique needs.
Umbrella Insurance: Provides extra liability protection beyond your home, auto, or other personal insurance policies. It helps protect your assets if you're sued for damages that exceed the limits of your primary coverage.
Renters Insurance: Protects your personal property and liability if you rent a home or apartment. It covers losses from fire, theft, or vandalism and provides liability coverage for accidents that may happen in your rental space.
Life Insurance: Offers financial protection for your loved ones in the event of your death. It provides a payout to your beneficiaries, helping them cover living expenses, debts, and other financial needs.
Flood Insurance: Covers damage caused by flooding, which is typically excluded from standard home insurance policies. It provides crucial coverage for properties at risk of water damage from storms, heavy rain, or rising water levels.
FAQs
Umbrella Insurance
Why do I need umbrella insurance if I already have home and auto insurance?
Umbrella insurance provides extra liability coverage beyond the limits of your home or auto insurance. It helps protect your assets in case of a lawsuit or large claim, covering costs that exceed your primary policy’s limits, such as medical bills or legal fees. While good health insurance covers medical expenses, umbrella insurance offers additional liability protection that health insurance doesn't cover. If you’re found liable for an accident or injury, umbrella insurance can cover legal fees, damages, and other expenses that go beyond your health insurance, home, or auto policy limits. It provides a safety net for your assets in case of major lawsuits or claims.
Renters Insurance
Do I need renters insurance if my landlord has insurance?
Yes, your landlord's insurance typically only covers the building and property structure, not your personal belongings. Renters insurance protects your personal property from theft, fire, or damage, and provides liability coverage if someone is injured in your rental home.
Life Insurance
How much life insurance do I need?
The amount of life insurance you need depends on your financial obligations, such as covering living expenses, paying off debts, and providing for your family’s future. It is typically based on factors such as your income, outstanding debts (like a mortgage or loans), and your family's financial needs. It aims to ensure that your beneficiaries can maintain their lifestyle, pay off any remaining debts, and cover future expenses like education or living costs. Many financial experts recommend coverage that is 5-10 times your annual salary, but your personal situation and obligations will determine the exact amount you need.
Our agents can help you assess your needs and find the right coverage based on your situation.
Flood Insurance
Is flood insurance really necessary if I don’t live in a flood zone?
Even if you don’t live in a designated flood zone, it’s still wise to get flood insurance. Flood zones can change, and many properties, even those in low-risk areas, can experience flooding due to heavy rain or storms.