Top Insurance Questions We Heard in 2024

Over the past year, we’ve had countless conversations with our clients about their insurance needs. From first-time buyers to seasoned policyholders, the questions we hear help us understand what’s on your mind and how we can better serve you.

Here are some of the most common insurance questions we’ve received in 2024—and our answers to help you feel informed and confident about your coverage.

1. Do I Need Flood Insurance If I Don’t Live in a Flood Zone?

Flooding can happen anywhere, not just in designated flood zones. In fact, more than 20% of flood claims come from properties outside high-risk areas. If you live in a flood-prone region, flood insurance provides extra peace of mind and financial protection.

2. What’s the Difference Between General Liability and Umbrella Insurance?

General liability insurance covers specific losses like accidents or property damage caused by you or your business. Umbrella insurance provides additional liability coverage that kicks in when your primary liability limits are reached, protecting your personal or business assets in case of large claims.

3. How Much Homeowners Insurance Do I Need?

The amount of coverage you need depends on the cost to rebuild your home, not its market value. Be sure to account for replacement costs, personal belongings, and liability coverage when choosing your policy limits. Our agents can help you determine the correct amount of insurance to meet your needs..

4. Are There Discounts for Bundling Insurance Policies?

Yes! Bundling multiple policies, like home and auto insurance, often qualifies you for a discount. It’s an easy way to save money while ensuring all your coverage is handled by one trusted provider.

5. When Should I Update My Insurance Policy?

Any major life change—like buying a home, starting a business, or welcoming a new family member—is a good time to review and update your policy. Regular check-ins with your agent ensure you’re fully covered as your needs evolve.

Got More Questions? We’re Here to Help.

At Galloway Insurance, we’re committed to providing clear answers and personalized service. Have a question about your coverage? Contact us to speak with one of our agents today.