Accident Attorneys Florida Home What Are the Types of Personal Insurance

What Are the Types of Personal Insurance

There are literally hundreds of specialty insurance products to protect your home, autos, rental property, and other valuable personal assets. This category of insurance, called personal insurance, usually contains several subcategories like auto insurance, disability insurance, homeowners insurance, life insurance, long-term care insurance, and wedding insurance.

Auto insurance protects you against financial loss if you have an automobile accident.

Video Source

It is a contract between the owner of a vehicle and the insurance company ensuring it. If someone were to become injured and unable to perform his or her job, disability insurance protects him and his family’s economic well-being. Home insurance provides compensation for damage or destruction of a home from disasters. In some geographical areas, additional coverage is required for types of disasters, such as flood and earthquake. Health insurance is a policy that will pay specified sums for medical expenses or treatments. Health policies can offer many options and vary in their approaches to coverage. Life insurance provides a monetary benefit to a descendant’s family or other designated beneficiary, and may specifically provide for income to an insured person’s family as well as money to pay for the funeral and other final expenses.

Leave a Reply

6 Car Accident Situations and What to Do If You Are Involved6 Car Accident Situations and What to Do If You Are Involved

Sometimes the facts are difficult to hear. Unfortunately, the average driver will crash their car once every 17.9 years. For the average driver, that will amount to three to four total accidents during their lifetime. While there isn’t much that will make that less difficult to hear, there are appropriate

10 Types of Cases Handled by a Personal Injury Law Practice10 Types of Cases Handled by a Personal Injury Law Practice

Personal injury law practices handle more than just auto accidents. Law students do not study personal injury law. Instead, they study tort law which covers all wrongs that people do to each other based on a breach of their unwritten legal responsibilities. Most potential clients are unaware of the variety