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Insurance Frequently Asked Questions (FAQ)

What does liability insurance cover?

Liability insurance protects you by covering the monetary “damages” (within your policy coverage) if someone sues you and you are held legally accountable to pay damages for such things as an accident, negligence, or an injury.
What does property insurance cover?
Property insurance, which is also known as homeowner’s insurance, covers loss or damage to you home, the contents in your home, and any liability (accidents, injury, etc.) you may incur.
How does a deductible work?
The deductible is the fixed amount you are personally responsible for paying before the benefits of your policy begin to handle the claim. It is usually the case that the higher the premium, the lower the deductible, and vice versa. Ask your independent insurance agent what is the best option for you.
Why should I use an independent insurance agent instead of online insurance?
An independent insurance agent usually represents several different insurance companies. This is great for you because your agent can check with all of these companies at once to get you the best price.  An independent insurance agent can also provide you with personalized attention including in person visits, reviewing important documentation (leases, business documents etc.), explaining state and local laws, and offer suggestions on how to avoid claims.  You also have the peace of mind of knowing exactly who to call if help is ever needed.
What does “Bonded and Insured” mean?
Bonded, in a business context, usually means that the company has completed a background check on their employees and there are no criminal charges in their past or pending.  Insured means that the business carries liability insurance-coverage for personal injuries, property damage, and worker’s compensation.
What does my Homeowner’s Insurance cover?
Typically, your homeowner’s insurance policy will cover personal belongings inside of your home.  In the event of a major loss like theft or fire, you will be able to replace the contents of your home. There are many factors to think about when determining the right amount of coverage for your belongings. Special software is available so you don’t have to do it on your own, including the free one at The Insurance Information Institute’s website.
What is Umbrella Insurance?
Umbrella insurance is extra liability insurance. It helps protect you from lawsuits and major claims which results in protecting your assets and your future.
It is designed to provide additional liability coverage which goes above the limits of your homeowner and auto insurance policies and kicks in when your other policies have reached their maximum.  Umbrella insurance also covers you for claims that might be excluded by other policies such as false arrest, libel, and slander.
Do I need Workers Compensation?
If you hire an employee, yes, you need worker’s compensation insurance.
Sometimes called, worker’s comp, this type of insurance provides medical benefits and replacement of loss wages for employees who are injured while working on their job.  In exchange for worker’s compensation, the employee gives up his or her right to sue the employer for negligence.
 Auto Insurance Terms
Collision Coverage-if another automobile hits you, or you hit another automobile or object, this will pay to fix any damages to your car.
Comprehensive Coverage-this will pay for damage to your automobile caused by an accident other than a collision. Examples would include damage by a flood, storm, fire, or theft.
Personal Injury Protection-this protection will provide no-fault insurance benefits for medical expenses as well as loss of wages, mileage, replacement services, and retraining no matter who is at fault for the auto accident.
 Bodily Injury Liability/Property Damage Coverage- this will pay for another person’s injuries or death if you are responsible, as well as legal defense if the other party in the accident sues you.


Our Location

Ferry Insurance Network

15988 Hyland Pointe Court, Suite 200
Apple Valley, MN 55124
Main office: 952-314-6810
Fax: 952-953-3368

Office Hours:

Mon: 9:00 AM - 5:00 PM
Tues: 9:00 AM - 5:00 PM
Wed: 9:00 AM - 5:00 PM
Thurs: 9:00 AM - 5:00 PM
Fri: 9:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers


Accommodating, professional, helpful, and quick. Very comfortable experience and I was impressed by their capabilities. Highly recommended.
- Brad M.
I feel lucky to have found an agent willing to provide this level of service. No need to look anywhere else!
- Michelle D.
Over the years we’ve never once had to worry about our coverage. My husband and I are long-time customers and proud to be.
- Carol S.
Surprisingly flexible and in-touch with my needs as a small business owner. Can’t ask for more.
- Spencer F.
They have strong ties with the community, and it shows. It’s nice to do business with people that really show they care about you and your family.
- Susan T.