Compare Insurance Quotes with Veldhouse Insurance Agency
Welcome to Veldhouse Insurance Agency
Some of us carry insurance because we have to. Some of us carry insurance because we know better than to go without it.
Insurance is primarily a matter of paying a bit of money now so that you don't have to pay a lot of money later, and it comes down to a relatively simple question: If something happens, can you afford to pay for it out of pocket? Insurance is there so that we have a backup plan when the answer to that question is no.
Property, Liability, and Security
It doesn't make much sense to spend years saving up for a home only to leave it uninsured, and of course, you don't have any choice but to carry car insurance in Minnesota. But the big concern is liability. Maybe you can buy another car, perhaps you can rebuild your home, but a lawsuit can easily bankrupt even those of us who are reasonably well off.
In Minnesota, the average personal injury settlement comes in at around thirty thousand dollars. Very few of us will be able to cover that out of pocket if someone is injured in our home. And that's just the average. A motorcyclist sued a dump truck driver and was awarded $974,215 following an accident in Shelburne County, and in 2011, a bus accident racked up a three-million-dollar settlement.
We can tell ourselves we're safe drivers, safe homeowners, safe boat operators, we can say to ourselves that we'll probably never be held liable in a major accident, but we can't guarantee it.
If you're looking to get covered in Minnesota, you can get in touch with us at Veldhouse Insurance Agency. For home and car insurance quotes, you can use our handy rating tool. For any other policies or questions, you can call us or email our office to see what we can do for you.
We look forward to hearing from you.