Otter Valley Insurance Agency & Real Estate

It's important to have the right auto coverage. That means knowing and understanding the insurance contract details. Because there are a number of coverages in even the most basic auto policy, we've provided a brief explanation of certain key coverages below. Protects you if you are legally responsible for the injury or death of others, or if you cause damage to their property in an auto accident.

Changes in national farm policy mean that farmers must assume more of their own farming risk. Shrinking profit margins and increasing risks are leading more farmers to pass their risk to their private insurance company. Crop insurance is a farmer's best remaining safety net that can be tailored to fit his own risk management needs.

Medical Insurance pays the large expense that can be incurred when you or a family member, see doctors, go to the hospital, or seek other costly medical services. Medical insurance allows you to obtain high quality medical care without severe financial hardship to your family. If you have assets, or intend to have assets, those assets can be largely taken away if you run up large medical/hospital costs.

Like any industry, insurance has some terminology all its own. When people in the business talk about insurance, they usually use two important terms: "Peril" and "Risk." Perils are the possible causes of a loss: fire, windstorm, hail, theft and vandalism are examples of some perils. Risk is the chance of loss.

Life insurance is an essential part of the financial planning process. This is especially true if dependents rely on you financially. The main reason people buy life insurance is to replace the income that would be lost with the death of a wage earner. The life insurance proceeds can also help ensure that your dependents are not burdened with significant debt upon an insured person's death.