Types of Insurance Coverage
There are many types of insurance coverage available to you. Many of them you most likely have never thought of. For instance, you can add Personal Electronic Equipment Insurance to your typical homeowner’s or renter’s policy that goes above and beyond to the point of protecting equipment while it is being installed or repaired or even replacing and repairing the equipment itself. Scheduled Personal Property Insurance is another floater that can be added to your homeowner’s policy that will protect treasured artwork, jewelry, designer handbags, wedding rings, furs or designer clothing. An SPP rider is much broader than a standard homeowner’s policy and will replace items at a much higher rate than is typical if you do not have it. Furthermore, this type of addition to your homeowner’s policy will replace items that are misplaced, lost on vacation, stolen outside of your home, even a wedding ring lost down a drain! Other types of insurance to consider are dog bite insurance if you own a furry friend. If your dog bites someone you can be liable for considerable legal and medical bills. Again, a typical homeowner’s insurance policy has limits that might leave you “holding the bag” financially. Most typical homeowner’s policies cover damage from natural disasters, but often damage from flood is not a part of that. You can purchase separate insurance to protect against loss from flood. Did you know that it is possible to purchase wedding insurance? When you consider the amount of money that goes into a wedding, it may be prudent to purchase a policy that guards against the failure to perform of any vendor you may hire, damage to your wedding dress or the wedding gifts, even postponement of the affair due to a death of a loved one or some other covered occurrence. The knowledgeable agents at Compare A Quote can assist you in determining all the items and events in your life that need to be protected by insurance. It’s all part of the comprehensive service from Compare A Quote.
Don’t put off making sure you are covered for all of life’s possible mishaps. If you think it may be prudent to protect yourself from something, just ask. If you want to just chat and get ideas, we can do that too. Get started today with your personal, professional, excellent insurance services from Compare A Quote. Simply fill out the form at the bottom of this page or pick up the phone and call the number listed Above today!
When should you insure something? If you come into something of value you need to insure it immediately against loss. The first step is to determine the value of any given thing and then the risk to you of potential loss, either emotional or financial, or both. Call the brokers at Compare A Quote for answers to all your insurance questions.
If something is precious to you, then it is worth insuring right from the moment that you acquire it. Everything from vehicles and houses to life insurance for your family is worth “insuring”. The painting you inherit from Aunt Dorothy or the antique car that was passed down from your grandfather. Obvious things like your home and your car should be insured as soon as the deal is done, the papers are signed, or the escrow closes. When you buy that boat (wooden, fiberglass, steel hull or whatever), that you have been dreaming of all your life, you purchase marine insurance immediately before the transfer is even made into your hands. You’ve started a small business, or a large one, insurance should be one of the first things you consider as you put your business plan together.
Definition of Insurance
A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
A thing providing protection against a possible eventuality.
Some synonyms for insurance include indemnity, indemnification, assurance, security, protection, safeguard, defense, precaution, hedge, and many more. These are all words that promote peace of mind to the greatest extent that we can ensure it. Insurance makes it easier to sleep at night, knowing you’re your family members and your most valuable assets are protected to the best of your ability. Compare A Quote is committed to helping their clients keep loved ones and valuable assets safe and secure. It doesn’t get much better than that!