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10 Essential Insurance Policies — Elkhorn

By August 31, 2023No Comments

Have you been wondering “What type of insurance do I need to ensure comprehensive coverage and protection for various aspects of my life and assets?” If so, continue reading this blog by Eric Luebbe. Insurance is another word for protection. Whatever your experiences, the right insurance can save you financially and allow for treatment and care should you suffer injury or illness. If you are in an accident or experiencing health issues, one of the first questions is, “what kind of insurance do you have?” In the Fremont, NE, area, coverage is essential. While there is no standard list for the top ten types of insurance, the ten common types are:


Your home is one of your most significant investments and main assets. Liability will protect you from a claim from others, while protection will help you to rebuild and acquire what was lost.


Even if you don’t own a home, you own the contents you have worked hard to acquire. You need liability protection if someone is hurt while visiting. Thieves, fires, or storms can strike anyone.


Landlord insurance offers coverage for the unique risks associated with renting out your property. This policy can include protection for property damage caused by tenants, liability coverage in case of tenant injuries, and coverage for loss of rental income due to covered events such as property damage or tenant displacement.


This must be purchased separately from your homeowner’s policy. The government oversees it. Check to see if it is needed in your area.

Automobile Insurance

Auto insurance is mandatory in most states. Liability is required to protect others, while your finance company will require collision to preserve their interest in your vehicle. Other types of riders can be added depending on your specific needs.

Business Insurance

If you own a business, having the right insurance coverage is crucial. Business insurance can include property insurance to protect your business premises, liability insurance to cover potential claims from customers or clients, and even business interruption insurance to provide financial support in case your business operations are disrupted.

Life Insurance

Life insurance is available in universal or term. The complexities of life insurance require expertise. Many factors will determine the protection you need and the amount you can afford to pay. It is the most cost-effective care you can extend to your family if something should happen to you.

Worker’s Compensation

The employer must provide this insurance to protect you if you are hurt. This is required by law, while laws vary by state.


An injury or illness can strike at any time. If you are hurt and can’t work, this type of insurance can help you and your family in case of an accident or illness.


Your homeowner policy will have limits for a claim. Umbrella insurance will protect you beyond the limit of your policies. If you have a business or a high net worth, you will need a policy extending your protection above your homeowners or automobile policy.

Reach out to the insurance experts at Eric Luebbe to learn more about the types of insurance you need to keep you, your family, and your possessions sufficiently protected.