Additional Coverages

Flood insurance isn’t just for homes in high-risk areas. In fact, in the past five years, all 50 states have experienced floods. Even an inch of water can cause thousands of dollars in damage. It’s important to know that new flood insurance policies usually have a 30-day waiting period, so don’t wait until the last minute to protect your home.

Flood insurance is a type of property insurance that covers losses sustained by water damage due to flooding. There are essentially two types of coverages – Building coverage and Contents coverage. Building coverage usually protects the physical structure of the home and its foundation, plumbing and electrical systems, air and heating systems, cabinets and paneling and a detached garage. Contents coverage usually protects clothing, furniture and electronics, curtains, some portable appliances, freezers and certain valuables like art.

Home Warranty coverage is designed to protect your home’s appliances and systems from normal wear and tear. Your Homeowner’s insurance will pay for damages caused by unexpected events, but it won’t help if your systems start breaking down. Most policies help cover the cost to repair or replace home systems and appliances that break down over time. Items such as air conditioning, water heaters, refrigerators and ovens.

Motorcycle Insurance provides financial protection in the event of a motorcycle accident, loss, theft or damage. Our team of insurance professionals will work with you to determine which coverage fits best for your bike, your state and your lifestyle. Reach out to Shepherd Insurance to get a motorcycle insurance plan customized for you.

A typical motorcycle insurance policy includes liability insurance, which pays for any damages you cause to others, but it can also include coverage for your own bike and injuries. If you have more than one motorcycle, you can purchase a multibike policy and often receive a discount.

A personal articles policy provides you with additional coverage for your most valuable items. Separate from your homeowner’s or renter’s policy, these policies often include things that are more easily lost, misplaced or have a higher likelihood of being stolen. Jewelry and guns are the most common items you’ll find, but you can add anything that’s considered to be of higher value. For example, you may add a coin collection, fine art or anything of greater value.

A personal umbrella policy helps protect your families’ assets and adds an extra layer of protection from major claims. Personal umbrella insurance is designed to add extra liability coverage, over and above your other insurance policies, such as auto or homeowners.

Personal umbrella insurance is designed to protect you against a catastrophic lawsuit or judgement. It is meant to protect you from injury or damage you or your family members may cause or help pay for claims in which you are legally liable. Umbrella insurance is designed to supplement your basic liability coverage.

Shepherd Insurance understands the needs of the financially successful individual and will create customized insurance coverage to protect the assets you have worked so hard to achieve. We strive to provide the level of exceptional service that you expect from a trusted partner and are dedicated to working with you to understand the insurance solutions available for individuals and families with significant assets to protect.

Shepherd offers insurance coverage that fits your lifestyle, such as:

• Primary and Secondary Homes
• Boats and Airplanes
• Domestic Staff
• Private Collections
• Automobiles
• Investment Properties

Renters insurance is tailored for individuals inhabiting rental properties such as, apartments, condos, houses or living in a dorm room. The coverage is intended to protect your personal possessions and assets.

Renters insurance typically includes liability coverage, protection for your belongings and coverage for additional living expenses should your rental property become damages or be left uninhabitable.

When buying a second home, whether it’s a vacation home or rental property, it is important to make sure it is properly protected. It is important to review your primary homeowners insurance coverage to find out if your policy can cover a second home.

Vacation and second homes can present unique risks. Depending on the location and property purchased, the amount of coverage you need may vary. A personal umbrella policy may be required to protect you should someone become injured on your property.

If you’re going to be renting out your home, you might need rent loss insurance (which covers the loss of rental income following a catastrophe or serious incident), since a homeowners insurance policy might not provide enough coverage for your rental property. You may also need to supplement your insurance policy with coverage for things like hurricanes, floods or earthquakes.

Boat insurance helps cover you in the event of a loss or damage to your boat. It also helps protect you and your family should you accidentally injure someone or damage someone’s property with your boat.

When you buy boat insurance, you can typically choose between two coverage types: actual cash value coverage or agreed amount coverage.

Actual cash value coverage pays for repairs after taking into account the depreciation of your boat.

Agreed amount coverage helps pay for repairs based on the agreed upon value of your boat.

Shepherd Insurance offers event insurance that provides coverage for a wedding or other special event. Event & Wedding Insurance can help cover a wide range of risks including extreme weather, cancellation or postponement due to unforeseen circumstances.

Shepherd can help protect the investments you’ve made for your special day. Our team of knowledgeable professionals will work with you to create coverage for your special event, such as anniversary parties, birthday parties, bar mitzvahs, baby showers and retirement parties.