Types of Personal Property Insurance Services

The term property insurance applies to any type of property you may own. Your auto, home, business and general coverage policies fall into this category. Life and health insurance are other types of insurance and do not fall under the property category. We will briefly cover the different types of property insurance services.

• vehicles It’s not just your car, it covers all motorized transportation, whether it’s your motorcycle, ATV, boat, jet ski, airplane, snowmobile, and even golf cart. If it has an engine and is intended to take you somewhere, then it is a vehicle. All vehicles are required by law to carry liability insurance.
• Home The insurance applies to all types of housing. This means that whether you are a renter, condominium owner, homeowner, or live in the home you own, you must have a homeowners insurance policy. Home insurance is not required by law, but if you are making a mortgage payment, your lender will require it. Disclaimer: This doesn’t mean you have to cancel your homeowners insurance once you’ve paid off your house. Many apartments also now require their tenants to carry renters insurance.
• Depending on what kind of business you own depends on the specific type of insurance you want and need. Do you have a restaurant? Are you in construction? Do you have commercially used vehicles? Do you need to be obligated to bid and perform work? An agent will be able to discuss what insurance services you need for your business.
• Year general policy covers above the liability limits of your normal policies. It is extra protection for those who have a lot to lose.

This is not intended to be an exhaustive list of all insurance services, but rather to give you an idea of ​​what you can and should insure. Remember that homeowners insurance applies to everything you own. A local agent is a good resource to discuss what insurance services you need.