Anyone who has been in a car wreck understands the importance of having vehicle insurance. All states mandate having your car insured with at least basic liability protection. Liability insurance protects you from being responsible for damages or injuries you cause to others in an accident. There are several other types of auto insurance with different degrees of coverage. Medical payments coverage covers medical fees for anyone riding in your vehicle. You can also purchase underinsured motorist coverage that protects you from drivers with little to no insurance. Being familiar with all your insurance options and choosing the appropriate plan can save you money and help protect you and your loved ones in case of an accident.
The disadvantages of owning a home without insurance can be very costly. If your home is damaged or destroyed by flood, fire, or some type of natural disaster; you will be liable for the complete cost of rebuilding your home. Home insurance may also be able to replace your personal possessions or protect you if you are responsible for damage to someone else's property or an injury sustained at your home. Along with that, you could also receive coverage to handle court fees and food and lodging if you have to leave you home. Meeting with an insurance agent can help you determine which type of insurance best fits your life and budget.
Broken or frozen pipes. Flood or fire damage. An unexpected theft. These events and several more can lead to the possessions of a renter to become damaged, destroyed, or stolen. Because a renter's possessions are likely not insured by their landlord's insurance, a renter should have an active and comprehensive renters insurance plan. This coverage can replace those possessions and also provide for other expenses like liability, medical charges, court fees, and hotel accommodations. Make sure you are taken care of when you have renters insurance coverage.independent insurance agency twinsburg oh