The homeowner's insurance covers the main house, the tangible belongings housed within and the pool along with the fence and gardens around. There are certain types of coverages that you can avail from these insurances. You generally are covered for damages, accidents and disasters that might interfere with the property. Even natural disaster coverage is available with leading insurance providers. Chiefly, you must bear in mind the total costs that you could expect as liability in case of any damage to your home.
Yes, of course, you can increase or decrease the coverage for the personal possession in your home. However, this flexibility is dictated by insurance norms as per the state you are in.
Again, this question has an affirmative answer. You can be eligible to get discounts on the premium rates on grounds of having more than one insurance policy with the company concerned, by raising the deductible and the like.
It is a civil crime in that, if you get involved in accidents and are found without auto insurance, the state could extract penalties. Every state has made it compulsory for vehicle owners to have insurance for the same.
Other than getting in touch with the police, you would need to get in touch with the driver of the other car involved. Only after this you can move a claim by contacting the insurance company.
Of course, there is. However, you would benefit by knowing that both are actually two types of the life insurance policy. The former pays a sum of money in case of the death of the insured. However, the latter, other than paying a sum in the event of the death of the insured, also can be extracted in case the insured lives up to a certain age.
This refers to a type of life insurance policy whereby the premiums are paid only over a certain span—post which there is no requisite to pay more.
The polices are exempt from income tax. However, some policies come under the purview of the inheritance taxes.
The minimum period is about 5-10 days from filing a claim. You need to submit the requisite documents like death certificate and the like to file the claim.