A few inexpensive add-ons can add valuable coverage to your auto and homeowners insurance. Here are 4 of the most often “wish I had”.
1. For your auto insurance, consider roadside assistance. For $3 to $12 every six months (versus $52 per year for AAA), you can get lockout service, towing, jump starts and flat-tire fixes.
2. Rental reimbursement can be worthwhile if you need a car while yours is being repaired (repairs must be due to a covered loss).
3. Medical payments coverage takes care of medical and ambulance bills for you and your passengers. It may duplicate health insurance, but it can fill in some gaps if you have a high-deductible policy. You’ll pay about $19 every six months for $5,000 in coverage
4. For homeowners, coverage for sewage backup is a big gap in most policies, leaving you to pay thousands of dollars to clean up nasty damage caused by water and sewage that backs up into your house. But you can often pay about $50 per year to get $10,000 to $25,000 in coverage.
This is just a short list of some of the more popular items. For a more complete look at these things and what’s available, be sure to contact your independent insurance specialist for the real facts!