Are You Completely Covered? The Most Common Insurance Needs That Get Overlooked

July 25th, 2022 abriinsurance

Although most people think they are fully insured, many are leaving themselves in jeopardy. If you assume that you have all that you need, you might want to think again. According to insurance agency Charleston, SC companies, you probably are not. These are six things that you might want to consider adding to your policy to avoid disaster!

Personal Catastrophe Coverage AKA Umbrella Policy

When you are in an accident, regardless of who is at fault, you have the potential to be sued for liability. When your insurance policy kicks in and is exhausted paying for lawyers’ fees, pain and suffering payments, and hospital bills, the rest will be your responsibility – and that can wipe out all of your assets! Sometimes the minimum insurance is not enough to cover all the damages that you can be liable for. 

Flood Insurance

Insurance companies won’t cover floods at an affordable rate because of the devastation that they cause. The federal government, however, does offer it through the National Flood Insurance Program. If you live in Charleston, this is one of the best investments you can make. Even if you live outside of a flood zone, you can still succumb to a flood. Just one inch of pooling water can cause damage to your home that can empty your savings. Make sure to plan ahead, because you have to wait 30 days until coverage starts. 

Life Insurance Other Than Group Coverage

When you sign up for a group life insurance policy, it typically covers about twice what you make annually, and that is probably not enough to take care of your dependents. Most experts say that your remaining family will need anywhere from eight to ten times what you make in a year just to be safe. Also, when you take a different position, you lose your benefits and your employer can choose at any point to eliminate or reduce your coverage due to economic conditions, so there is no security in it.

Covering Itemized Valuables

If you have jewelry, it should be covered. Electronics, too, as well as artwork, furs…anything that is valuable needs to have a separate policy; otherwise the most you can claim for personal items is about $2000-3000 for theft. Make sure to itemize those things that are highly valuable and take out a separate insurance policy rider to protect them!

Lapse in Homeowners’ Coverage

If you have recently done renovations, you need to talk to an agent ASAP. Having enough coverage means that you update the policy if you renovate or remodel. If you don’t, then there is a strong likelihood that the additional work done will not be covered if something should happen. Being up-to-date is critical to make sure that you are always covered.

Lack of Transportation Expenses Coverage

When your car needs repairs or you are in an accident, if you don’t have transportation expenses coverage then you may be taking the bus or paying for an expensive car rental. Nowadays, people wait longer for their cars to be repaired, and that can be a whole lot of time that you are left stranded – literally. 


If you don’t have a regular insurance agency in Charleston to work with, there is a good chance that you have lapses in coverage that are leaving you vulnerable. These are just a few common ways that people remain uninsured, but by no means are they the only ones. 

As your life situation changes, your insurance needs to keep pace, which is why establishing a relationship with Abri is critical to ensuring you have all that you need to keep you, your valuables, and your family, safe. Contact us today to discuss how covered you are for everything you need!