Home, Auto and Commercial Policies
Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it. Damage caused by most disasters is covered but there are exceptions.
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.
There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance. It’s impossible to say which type of life insurance is better because it depends on your unique circumstances.
Business & Commercial Insurance
As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel — liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.