Personal

family house personal insurance

 

Why Do Individuals and Families Choose Dexter & Company?

  1. Our comprehensive, cost-effective list of insurance options — we offer far more than just standard auto, home, and life insurance. We can protect just about any dwelling, vehicle, farm, or personal needs such as identity, health, and even wedding insurance!
  2. For more than 140 years, Dexter’s highly trained, dedicated staff has provided exceptional customer service. We exemplify how an insurance company should treat its customers by developing personalized relationships, which has allowed us to enjoy serving many, many lifelong customers.
  3. We offer far more than one-size-fits-all insurance plans — we take the time to understand your potential risks and create customized coverage plans that meet your exact needs.

Using the finest insurance products in the industry, Dexter & Company can design a program to fit your situation and your budget.

 

We’re here to help, please contact us!

 

In addition to standard home, auto and other insurance plans, we offer plans to cover extras such as motorcycles, watercraft, even wedding insurance.

 Do you own property or items of high value? Read about our high-net worth coverage.

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Home Insurance

These policies cover you in a home or an apartment, whether you are an owner or a renter. A well-written homeowners policy will pay to replace any of your personal property that is destroyed in a fire or other disaster. The policy will also be your first line of defense against a lawsuit from someone injured at your home.

The cost of this coverage is determined by many rating factors.

The quality of the coverage, however, is determined by the quality of the insurer and whether the policy is written on a named perils or all-risk basis.

  • A named-perils policy covers only those losses specifically cited in the contract.
  • The all-risk policy works the opposite way — unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier, not you, in the event of a loss.

Auto Insurance

Auto insurance provides property, liability and medical coverage:

  1. Property coverage pays for damage to or theft of your car.
  2. Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
  3. Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

This coverage has two parts. The first is the liability section of the policy:

  • Bodily Injury Liability: For injuries the policyholder causes to someone else.
  • Medical Payments or Personal Injury Protection (PIP): For treatment of injuries to the driver and passengers of the policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.
  • Property Damage Liability: For damage the policyholder caused to someone else’s property.

The second part covers the car itself:

  • Comprehensive: For damage to the policyholder’s car that doesn’t involve a collision with another car. Covered risks include fire, theft, falling objects, missiles, explosion, earthquake, flood, riot and civil commotion.
  • Collision: For damage to the policyholder’s car from a collision. The collision could be with another car, a light post, fire hydrant, etc.
  • Uninsured Motorist Coverage: For treatment of policyholder’s injuries as a result of collision with an uninsured driver. Under-insured motorist coverage can also be included in an auto policy. Under-insured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages.

 

Each state requires that you have certain types of coverages with minimum liability limits. The insurance industry recommends that your bodily injury liability limits be $100,000 per person and $300,000 per occurrence.

 

In addition, Antique, Classic and Customized automobile insurance is available at very competitive rates.

Motorcycle Insurance

Most insurance carriers offer coverage similar to auto insurance policy.
 
This would include your bodily injury and property damage liability.
 
You may also consider additional motorcycle insurance including medical payments, comprehensive and collision coverage. Uninsured motorist covers you in the event you are injured by someone who does not carry insurance or may not have enough insurance to cover your injuries.
 
You may also qualify for discounts that could possibly lower your premiums. These may include:

  • Multiple policies with a carrier
  • Safety courses that you may have taken
  • Renewals
  • Insurance on more than one motorcycle

Condo Insurance

Condominium insurance provides coverage for your unit where your condominium association insurance stops. Your association typically insures the building and other common areas.

  • You are responsible for the interior of your unit. Typically you need personal property and liability coverage.
  • In addition, you want coverage for your floors, walls, cabinets and fixtures that your association’s insurance probably will not cover.

Every association’s insurance policy is different regarding what each unit owner is responsible for, so it is important to review your association policy and condominium by-laws carefully.

Mobile Home Insurance

Mobile homes require a different type of homeowner’s insurance coverage. Mobile homes need a specialized coverage type because they are transportable and constructed differently than other types of homes.
 
Mobile home insurance should be an insurance policy that covers the standard home aspects of a mobile home as well as the particulars that differentiate it from a foundational home, apartment, condominium, or town house.
 
For example, mobile home insurance includes coverage for certain things that other home insurance policies may not. These include:

  • Decks, patios, and awnings that are attached to the mobile home
  • Structures used for mobile home storage like a garage
  • Extra living expenses due to your mobile home becoming uninhabitable due to a loss covered by your policy

Renter’s Insurance

Renters insurance can help protect you in case of a liability lawsuit against you. This could occur in a situation where you are held responsible for:

  • Injury to another person
  • Damage to another person’s property
  • Whether the incident occurred within your rented residence, or elsewhere

Landlord’s Package

Landlord’s face special risks that require special insurance protection.
 
Landlord Package Insurance is primarily designed to protect you from loss due to rental activities. It also should provide adequate insurance limits to protect your other assets from legal liability arising from rental activities.
 
A few examples of losses or exposures that are covered in a Landlord Package Policy include:

  • Loss of rent resulting from an insured loss
  • Buildings with one or several units
  • Varied residential or commercial occupancies
  • Legal liability resulting from the activities of tenants
  • Uninsured or under-insured repairmen.

Even though renting residences to others is a business activity, many insurance companies will treat the rental of four or fewer units as a personal insurance matter.

Umbrella Insurance

Personal umbrella insurance provides coverage beyond your homeowner or auto policy by adding an extra layer of liability coverage.
 
Coverage is provided in amounts of $1,000,000 increments. Umbrella insurance also covers situations that may not be covered by another policy such as slander or libel.
 
The umbrella policy coverage starts where you’re existing coverage ends, up to limit of the umbrella policy purchased.
 
Personal Umbrella Protection covers:

  • Operating most motor vehicles, including cars, RVs, motorcycles, pickup trucks, and most watercraft
  • Incidents involving any property covered by your basic homeowners policy
  • Incidents alleging slander, libel, defamation of character, invasion of privacy, even false arrest
  • Business liability coverage is provided if covered by your basic homeowners policy

Flood Insurance

Your homeowners insurance does not cover flood damage.
 
Insurance against flood damage must be obtained separately from your standard homeowners. A flood insurance policy also reimburses you for the work you did to sandbag your homes, move furniture and remove debris.
 
The Federal Emergency Management Agency’s (FEMA) maps are important when it comes to flood insurance because if they show that your home sits in a 100-year flood plain, you must buy federal flood insurance in order to get a mortgage.
 
If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.
 
However, many victims of recent disasterous weather have learned the hard way that their homeowners insurance was inadequate for covering flood damage.

Dwelling Fire Insurance

Dwelling Fire Insurance is designed to insure residences you own or have a financial interest in but do not live in.
 
Common situations calling for this type of insurance coverage include rental homes, homes that are vacant because they are temporarily uninhabitable or are not currently occupied because of a transition caused by a sale or relocation.
 
In these situations insurance protection is needed for the building but typically not for any contents. Liability insurance for the property can sometimes be added or may be handled through alternative approaches.

Windstorm Insurance

Windstorm Insurance is designed to provide protection against wind-generated damages, especially those created by hurricanes, cyclones, tempests, hail and high winds. Most property insurance does not provide adequate coverage for these kinds of phenomena.
 
Many victims of recent hurricanes discovered the hard way that their assets were under- or not protected at all by their standard insurance plans.

Farm and Ranch Insurance

Farm and ranch policies are customized to insure the following against property losses and general liability for your farm or ranch to:

  • Farm houses
  • Barns
  • Pump houses
  • Farm trucks
  • Tractors
  • Hay and farming equipment

Our farm liability insurance protects you against injury and property damage, medical payments, advertising injury and farm pollution. Protection against losses from hunting or fishing lease operations also available.

Off-Road Vehicle Insurance

We can provide different types of off-road vehicle insurance to cover different types of vehicle needs:

  • ATV nsurance
  • Dirt bike insurance
  • Side-by-side and full size 4WD insurance

Watercraft Insurance

Home and auto insurance policies may only provide limited coverage for personal watercraft. Talk to your insurance representative about coverage limits.

You may want to consider purchasing a personal watercraft policy to protect you and your water vehicle in the event of an accident.

The personal watercraft policy covers:

  • Bodily injury
  • Property damage
  • Guest passenger liability
  • Medical payments
  • Theft

Liability limits start at $15,000 and can be increased to $300,000. Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments.

Additional coverage can also be purchased for trailers and other accessories. Please contact us about the type of coverage that would best suit your needs.

Insurance coverages to consider:

  • Liability
  • Physical damage
  • Theft
  • Medical payments
  • Motor coverage
  • Trailer coverage
  • Boat covers
  • Docking fenders
  • Communications devices

Remember, since every boat is unique please make sure you check with us to see if you need any additional coverages or would be eligible for additional discounts.

Recreational Vehicle

We insure all kinds of recreational vehicles for campers and outdoor travel enthusiasts. Coverage is available for motor homes, fifth wheel trailers and small camper vans.

Insurance coverages include:

  • Liability insurance
  • Physical damage coverage
  • Comprehensive coverage
  • Emergency expense
  • Coverage for permanent attachments to your RV
  • Insurance coverage for personal items
  • Hitch coverage

 

Life Insurance

Life insurance can help you secure your family’s financial future by providing the funds they need to:

  • Cover burial expenses
  • Uninsured medical bills
  • Pay off your mortgage and other outstanding debts
  • Maintain a comfortable standard of living

There are a variety of life insurance policies that we can provide. The kind of policy you choose depends on your needs:

Term Life

  • Term Life Insurance is a low-cost way of providing maximum coverage for your family. Protection is provided for a limited number of years. The insurance expires without value if the insured lives beyond the policy period, usually 5 to 20 years. Other policy life periods are available, including 1-year annual renewable term.
  • Term insurance premiums will not increase during the guaranteed policy time period (term) you select. Term Life Insurance pays a death benefit only if you die during that term. Term insurance generally provides the largest insurance protection for your premium dollar.
  • Term Life Insurance remains in force for as long as premiums are current, provided there are no misrepresentations on the application. The insurance coverage terminates if you discontinue your premium payments.

Universal Life

Universal Life is characterized by great flexibility.

  • Policyholders can determine the amount and frequency of premium payments – e.g., the more you pay, the less time you will need to pay. Your premiums cover the insurance part, the savings or investment element, and the expense part.
  • The stated interest on the investment portion changes along with movement in interest rates; moves in 1/4 % interest steps are typical as banks and other financial institutions make similar moves.

Whole Life

Whole Life Insurance provides permanent protection for the whole of life – from the date of policy issue to the date of the insured’s death, provided that premiums are paid.

  • Premiums are set at the time of policy issue and remain level for the policy’s life.
  • Unlike term insurance, whole life combines insurance protection and savings or cash value which builds over time. Cash value build-up may provide a source for living benefits, for example, helping pay off a mortgage, or a child’s education, or cash surrender value if the policy is ever cancelled.

These products are continually changing and we can provide you with the latest information and policies available!

Health Insurance

Individual health insurance programs are designed for individuals and families who cannot obtain health insurance through an employer.
 
Due to the continually rising cost of medical care, it has become more important to provide health insurance for you and your family.
 
We offer health insurance programs to individuals which offer extensive coverage as well as high-deductible programs which are designed to protect against catastrophic financial losses.
 
As an independent agency, we can provide insurance plans from numerous health insurance companies. With the health insurance market changing frequently, we are always on the lookout for quality, service-oriented insurance companies for our clients.

Long-Term Care

Long-Term Care is the type of care received either at home or in a facility, when someone needs assistance with activities of daily living, such as bathing and dressing due to an accident, an illness or advancing age.

  • Rising life expectancy means that the potential need for “long-term care” grows with every passing year of your life.
  • The likelihood is that you or a member of your family will need long-term assistance due to a prolonged illness, a disability, or general deterioration of your health and ability to perform routine daily activities.
  • Most long term care expenses are not covered by Social Security or Medicare, Medicare Supplement (“Medigap”), or private health insurance.
  • Medicaid pays for nearly half of all nursing home care, but you must meet federal poverty guidelines and may have to “spend down” most of your assets on health care.

Group Life Insurance

Life insurance is an integral part of most employee benefits packages.

When provided by an employer, employees appreciate the value of life coverage and the additional security it provides to their families.

Employers have a wide variety of optional plan designs to customize a Group Life plan.Optional coverages include:

  • Voluntary Life insurance
  • Supplemental Life coverage
  • Accidental Death and Dismemberment policies
  • Dependent Life insurance.

The premium paid for Group Life is generally a business deduction, and this stand-alone contract is usually less expensive than the life coverage provided with medical insurance.

Group Health Insurance

We are committed to health insurance for both our commercial customers, who need group coverage for their employees, as well as the individual or family that needs coverage.
 
With the changing face of health insurance in today’s market, we are staying abreast of the latest developments that will affect the coverage you expect as well as the cost impact upon you.
 
We have the best health insurance markets available in our area, and we will always present to our customers the best options at the best price available.

Group Disability

Long-Term Disability

In the event that an accident or illness prevents an employee from working for an extended period of time, the financial impact can be severe for the employee and employers.
 
Long Term Disability (LTD) protection is designed to help cover the employee’s expenses while their regular income is interrupted. Flexible plan design options and benefit alternatives are available to meet specific needs. This valuable protection is available with low-cost, tax-deductible premiums.
 

Short-Term Disability

A steady income is essential for most people. If an accident or illness interrupts that income, it affects both the employee and employer.
 
Short Term Disability (STD) protection is designed to replace a portion of the wages lost when a short term disability occurs. An affordable, flexible STD plan can provide needed benefits to both the employer and employee.

Identity Insurance

Theft of your personal information can result in financial loss ranging from draining your bank accounts to new debt from fraudulently opened credit accounts.
 
Protect yourself before you become a victim by taking necessary precautions and insuring potential loss.

Wedding Insurance

Wedding insurance are policies specifically designed to protect you from financial loss in the event your wedding must be cancelled or postponed due to circumstances beyond your control, or if one of the major elements of your wedding (e.g., photographs, wedding attire, and/or gifts) is lost or damaged.

  • Most policies respond in the event of a cancellation or postponement resulting from causes ranging from such common concerns as adverse weather and illness, to events that are rarely considered, such as unemployment, military deployment, or acts of terrorism.
  • In addition to providing coverage for cancellation and postponement, many wedding insurance policies include coverage to protect your wedding photography, wedding dress and attendant clothing, jewelry, and gifts from damage or loss.
  • Finally, most wedding insurance programs also provide the ability to purchase liability and property damage coverage that protects the wedding couple against claims for damage to the premises and/or property rented for the wedding reception, as well as host liquor liability.

Whatever your situation, there is a wedding insurance policy that is suitable for your needs.

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