Listen – when it comes to insurance, you either know it, or you don’t. Honestly, its exhausting to ask ALL the questions to gain full understanding. In light of Jeopardy! Greatest of all Time, we challenge you to protect your loved ones well through quality insurance coverage.

ACTUAL CASH VALUE … DEDUCTIBLE … WHOLE LIFE INSURANCE

These terms are IMPERATIVE to understanding your insurance policies. And, there are many more to know. So here’s the goal – to understand what you’re paying for. Let’s get started on ROUND ONE of Robbins Insurance Group’s Jeopardy!

QUESTION 1

Insurance that protects you if your vehicle is damaged in a non-accident situation

• What is comprehensive physical damage?

Comprehensive insurance provides protection for your vehicle if it is damaged by something other than a collision with a vehicle or object, or if your vehicle is stolen. If you have a loan on your vehicle, or if you want to fully protect your vehicle, you should choose Physical Damage insurance.

QUESTION 2

Receiving the full cost of repairing or replacing an item

• What is replacement value?

Replacement cost, or reconstruction cost, coverage insures your home for the cost to repair damage to your home or rebuild it completely at equal quality — at current prices. This does NOT cover your home at a depreciation value.

QUESTION 3

Insurance that covers physical injuries caused by a vehicle accident for which you are responsible

• What is bodily injury liability?

Your bodily injury liability covers the costs associated with the covered injuries you may have caused to other people in that accident, and also provides for a legal defense if you’re sued.

That’s it for this round of Insurance Jeopardy! Stay tuned for more frequently asked questions and if you’re wondering about your current policy contact the Robbins Insurance Group team.