A standard homeowner’s policy insures your home’s structure (house,) and your belongings in the event of a destructive event, such as a fire. In addition, homeowners insurance policies are generally “package policies.” This means that the coverage includes not only damage to your property, but also your liability—that is, legal responsibility—for any injuries and property damage to others caused by you or members of your family.
A personal auto policy is insurance on your personal vehicle. It may include liability, medical payment coverage, comprehensive, or collision coverage, depending on your policy.
Umbrella insurance coverage helps protect you from the costs of covered claims when those costs exceed the limits of your home insurance or auto insurance policies. An umbrella policy can help cover defense costs when you are being sued for damages to someone else’s property or injuries caused to others in an accident.
Also known as a Landlord Policy, these policies provide liability and property damage coverage for buildings owned by the insured and rented to others.
Boats / Watercrafts
Boat insurance, yacht insurance, and personal watercraft insurance protects against damages to vessels powered by a motor that has a horsepower of at least 25 miles per hour (mph). Liability protection is also part of any watercraft policy.
Motorcycle insurance covers repairs or replacement if your bike is damaged or stolen, as well as damage you may cause in an accident. Typically, it includes comprehensive and collision insurance, in addition to liability coverage.