Living in the suburbs can save you on auto insurance. Driving on side streets instead of highways and avoiding crowded downtown areas can result in lower premiums.
Legal limits are usually something like $15,000/$30,000, but this might not be enough coverage for you. For example, if you get sued for $75,000, you'll still have to pay $60,000. An insurance expert can help you find the right limits.
If you are financing your motorcycle, the company providing the funds may have strict requirements regarding insurance, the amounts, and the extent of coverage. When visiting with an insurance agent, make sure to have the terms of your financing contract with you.
When you decide to invest in a homeowner's or renter's insurance policy, it is important to take a detailed inventory of all your personal belongings. The best way to do this is to take photographs and/or videos of all your possessions to minimize the difficulty of replacement.
Did you know that you might be able to purchase additional renter’s insurance coverage for refrigerated products that go bad due to a covered loss? If your waterbed leaks, you might also be covered for damage to your home. You might also, depending on your profession, be eligible for professional liability coverage if you work with the public.
If you have multiple drivers in your home and several automobiles of different ages and condition, you need to sit down with your insurance agent. He or she will review all the information to make sure your insurance coverage is such that you are paying the lowest premium for the greatest amount of coverage.