To protect the people and things that mean the most to you, you have a wide variety of insurance policy types from which to choose. Farm Bureau of Archdale-Campbell Agency, the most trusted insurance agents in Guilford and Randolph counties, NC, offer invaluable guidance and advice to help you make sense of the confusing insurance landscape. The highly skilled professionals in this agency have vast experience and expertise helping customers choose the right policy at the right price.
Types of Insurance Available to You
Life insurance comes in two basic types—term life and whole life. Term life insurance runs for a specified period (or term), and if the insured dies during that period, the beneficiaries receive the agreed death benefit. It is inexpensive, easy to get, and ideal for protecting dependents. Whole life insurance lasts for the life of the insured. It is more expensive but includes an investment that accumulates interest. In time, the policy owner can borrow or withdraw this amount. Beneficiaries, likewise, receive a death benefit upon the insured's demise.
Auto insurance offers several types of coverage. For instance, liability coverage (which is usually mandatory) protects you against legal costs should you cause injury or damage to another person or property. Collision coverage pays to fix your car if it is damaged in a crash, while comprehensive coverage pays for losses due to non-crash incidents, such as theft, vandalism, and fire. Other types of coverage (e.g. medical payments, roadside assistance) are also available.
Homeowners insurance has several different coverage types. Liability coverage, as with auto, protects you from legal liabilities in case of damage or injury. Dwelling coverage pays to repair your home's structure should it be damaged in a fire or storm, while personal property coverage reimburses you for loss of furniture, clothing, appliances, and other items. Other structures coverage pays for repairs to fences, sheds, detached garages, and other man-made objects on your property.
Health insurance pays for medical treatments should you become sick or injured. It pays for doctor bills and hospital stays, as well as ambulance rides and pharmaceuticals. You often must agree to pay a copay fee and limit doctor visits to a provider in a prescribed network.
Farm Bureau of Archdale-Campbell Agency can help you design a home, life, health, or auto policy that meets your particular needs and fits your budget. Visit them online to view their products, or call (336) 434-6550 to speak to a knowledgeable professional.