Often when it comes to insurance, one size does not fit all. Some people may opt for paying a higher premium on their vehicle(s) for more peace of mind with lower deductibles and/or higher liability limits. Still, others may be looking for ways to save the most they can by lowering limits or eliminating extra coverages. Regardless of one’s choice in coverage, there are usually “blind spots” when it comes to insuring risks. Here are a few examples for all types of policy holders:


 “I have enough coverage.”

You may believe you have enough coverage for most common claims. But what about when a claim payout exceeds your liability limits and now the other party is coming after you legally? This may sound extreme, but it is a reality. Now you are out of luck, especially if you decided to go with the inexpensive but lower liability limits. To prepare for situations such as these, it’s always best to review your policies and meet with your agent about choosing policy limits and additional coverage options, like an umbrella insurance policy. Our agency portfolio includes both personal and commercial umbrella insurance solutions.


“I only want to carry insurance for a little while. I’ll start it up again later.”

Constantly purchasing and canceling policies may lead to increased rates due to consequent events of carrying no insurance. It may be in your advantage to purchase insurance and hold it long-term, taking into account paid-in-full discounts, even if you have some upcoming instances where you personally consider the coverage unnecessary. Meet with your licensed insurance agent to ensure you are insuring your risks wisely!


“I don’t need more life insurance coverage, I have enough to cover my salary if I go.”

You may consider your job’s salary but, at the same time, forget about extra business-owner expenses or debts accrued. This highlights the importance of sitting down with a trusted insurance agent when sorting out your needed coverages. Our profession is designed for assisting you through each option presented and giving answers to your concerns – including ones you may have never thought to ask about.


As with everything that suggests opting for purchasing more, it’s easy to write it off for fear of paying for something you don’t want or need. This is one of the critical reasons why there are independent insurance agencies like Jeff Munns Agency. Our agency is locally based and operated to foster meaningful relationships with our clientele, thereby allowing us to understand both their current risk scenarios as well as their plans going forward. This privilege helps us to personalize insurance packages for each unique scenario, addressing client concerns along the way – including the “blind spots”.


Note: The examples and descriptions used throughout this article are for general information purposes only, not legal advice. Coverage of losses are not guaranteed, rather they are subject to the decision of insurance underwriters and other potential authorities. Coverage availability and limits can vary based on person, location, and other variables. Please consult with your insurance agent and review your insurance policies to understand your existing and/or potential coverage options. Read our disclaimer.


© Jeff Munns Agency, Inc.

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