McFaddin & Associates, Inc. is a full service, multi-line insurance agency founded in 1999.

It is really all about protecting yourself financially if something unexpected happens to your home or possessions. That's important because chances are your home is likely one of your largest investments. Here are a few reasons to consider a homeowners policy:

• If your home was destroyed by fire or damaged by a natural disaster, you'd need money to repair or replace it.
• If a guest in your home is injured, liability protection and medical coverage help pay expenses.
• If you are a victim of theft and vandalism, it can reimburse you for your loss or pay for repairs.
• If you are still paying for your home, your lender will require insurance.

It is important to know that homeowners insurance is meant to cover unexpected damage, not routine maintenance. Ask your agent to talk about what is covered and be sure to read your policy so you know exactly what's included and what is not.

Auto insurance is made up of different coverages designed to financially protect you if you’re in an accident or your vehicle is damaged. Some types of coverage are required while others are optional and offer added protection. Six common car insurance coverage are:

• Liability coverage
• Uninsured and underinsured motorist coverage
• Comprehensive coverage
• Collision coverage
• Medical payments coverage
• Personal injury protection

Contact us today to discuss what coverage is right for you.

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.

Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.

There are many types of insurance policies for protecting your business. Whether it's commercial auto, general liability, or workers compensation insurance we can help you navigate the complex world of business insurance.