- Auto Insurance
Auto insurance is mandatory in order to drive legally. You need to have insurance if you want to get a driver’s license. If you don’t have car insurance, you could face fines and even jail time. There are many different types of auto insurance policies out there. Your policy should cover any damage to your vehicle and injuries caused by accidents. It should also cover medical expenses, lost wages, and legal fees.
- Car Insurance
Car insurance covers damages to your vehicle and injuries to people who are involved in accidents. It may also cover property damage and legal fees. Most states require drivers to carry liability insurance. Liability insurance pays for damages to others’ vehicles and injuries to people who were not at fault. Property insurance covers damages to your own vehicle and injuries to people inside your vehicle. Medical coverage pays for injuries to yourself and passengers. Legal protection pays for legal fees.
- Motorcycle Insurance
Motorcycle insurance is similar to car insurance. However, motorcycle insurance only covers injuries to people riding motorcycles. It does not pay for damages to other vehicles or injuries to pedestrians.
- Homeowners Insurance
Homeowners insurance covers damages to your home and injuries to people inside the house. It does not cover injuries to people outside the house.
- Life Insurance
Life insurance helps families pay off debts after someone dies. It also provides income to survivors in case the person who died was the sole breadwinner.
- Health Insurance
Health insurance covers medical costs. It may also cover dental care and vision care.
- Disability Insurance
Disability insurance helps people who become disabled due to an injury or illness. It may also help them pay for medical bills.
- Vehicle Insurance
Vehicle insurance is a type of insurance that covers damage to vehicles and their contents. Most people have some sort of auto insurance policy, whether they realize it or not. If you own a car, then you probably have liability coverage, collision coverage, comprehensive coverage, uninsured motorist coverage, medical payments coverage, etc. In addition to these basic types of coverage, many states require you to carry additional coverage. These may include:
• Comprehensive Coverage – Covers damage to your vehicle’s exterior (i.e., paint) and interior (i.e., carpeting).
• Collision Coverage – Covers damage caused by collisions with other vehicles or objects.
• Uninsured Motorist Coverage – Covers damages caused by accidents involving drivers who do not have adequate insurance.
• Medical Payments Coverage – Covers costs incurred if someone else’s negligence causes injury or death to you or a passenger in your vehicle.
- Business Auto Insurance
Business auto insurance is similar to personal auto insurance, except that it covers business-related assets, including cars, trucks, vans, motorcycles, RVs, boats, and even airplanes. You’ll need to check with your agent to determine what types of businesses qualify for business auto insurance.
- Commercial Liability Insurance
Commercial liability insurance provides protection against lawsuits filed by third parties claiming bodily injury or property damage due to the negligence of your company. This includes claims for injuries resulting from slip-and-fall accidents at your place of business, premises liability claims, and product liability claims.
- Workers’ Compensation Insurance
Workers’ compensation insurance pays injured employees for lost wages and medical expenses related to work-related injuries. This type of insurance is mandatory in most states.
- Property Insurance
Property insurance covers losses to buildings and structures, including those owned by your company. Your insurer will pay for the cost of repairs or replacement of damaged property, as well as any legal fees associated with defending against lawsuits.