Am I Covered?

Am I Covered? … For my condo?

a series by Mountain Lakes Insurance
“Am I covered … for my condo?”
“The association master policy covers my condominium, right?” Well, it protects the association, but not you. Coverage for personal liability and personal property comes from a personal condo policy and not from the association. […]

Am I Covered? … For the full value of my home?

a series by Mountain Lakes Insurance
“Am I covered … for the full value of my home?”
Many people think that homeowners’ policies are all the same. The truth is they are not. If you own an above-average-value home, you should probably have a different policy type than the owner of an average- or below-average-value home. […]

Am I Covered? … For the replacement of my roof?

a series by Mountain Lakes Insurance
“Am I covered … My roof is less than 30-years-old, so I don’t have replacement cost coverage concerns, right?”
The age of your home’s roof affects replacement cost coverage. You should know that many companies are now changing age-of-roof requirements. In some cases… […]

… When borrowing or loaning a car?

Am I Covered?
a series by Mountain Lakes Insurance
We often get questions like “I’m borrowing my friend’s car … am I covered?” or “My friend wants to borrow my car… will their insurance cover my car?” or “I’m thinking about letting my daughter’s boyfriend drive our car to the prom, will HIS insurance cover me?”
Most people have a general idea of what’s covered and not covered under their various insurance policies, but at Mountain Lakes Insurance, we get a lot of questions about unusual or infrequent situations such as:
“Am I covered … when borrowing a car from someone or loaning my car to someone?” […]

Is your collector or classic car insured properly?

by Reid Miegel

If your collector or classic car is insured on the same auto insurance policy as your daily use vehicle, it may not be insured properly, and your valuable investment may be at risk. Most standard auto policies will insure vehicles on an actual cash value (ACV) basis, which is a depreciated value. This […]