You can help control the costs of your homeowners insurance by installing anti-theft and burglary protection. Alarm systems and safes, besides protecting you and your valuables, are considered proactive measures and are reflected in better rates.
An insurance professional can help you determine how much liability coverage is right for your situation. If you are in an accident with bodily injuries or property damage that exceeds your policy limits, you can be sued personally for the difference.
Mechanical breakdown coverage is a coverage intended for companies with factory operations. Also known as boiler and machinery insurance, this commercial policy pays out when equipment issues stall your business.
Full coverage motorcycle means the motorcycle is covered in the event of damage or loss. The policyholder is not covered in the event of an accident; for that you will need a medical policy.
If you are thinking about buying a motorcycle, learn what the insurance parameters. Some models of motorcycles are very expensive to insure (even with discounts), and some cannot be insured.
The ancient Chinese were some of the first people to develop a type of modern insurance. In order to minimalize risk, merchants who traveled over treacherous rivers would redistribute their goods on many vessels rather than risk one large load with a good chance of capsizing.