Auto & Home Insurance

 Here are basically six different types of coverage. Some may be required by law. Others are optional. They are:  

• Bodily injury liability - for injuries the policyholder causes to someone else.
• Medical payments or Personal Injury Protection (PIP) - for treatment of injuries to the driver and passengers of the policyholder’s car.  
• Property damage liability - for damage the policyholder causes to someone else’s property.  
• Collision - for damage to the policyholder’s car from a collision.  
• Comprehensive - for damage to the policyholder’s car not involving a collision with another car (including damage from fire, explosions, earthquakes, floods, and riots), and theft.  
• Uninsured motorists coverage - for costs resulting from an accident involving a hit-and-run driver or a driver who does not have insurance.

• Coverage A – Dwelling
  Covers the value of the dwelling itself (not including the land). 
• Coverage B – Other Structures
  Covers other structure around the property that are not used for business, except as a private garage. 
• Coverage C – Personal Property
  Covers personal property, with limits for the theft and loss of particular classes of items
• Coverage D – Loss of Use/Additional Living Expenses
  Covers expenses associated with additional living expenses (i.e. rental expenses) and fair rental value, if part of the residence was rented.
• Additional Coverage
  Covers a variety of expenses such as debris removal, reasonable repairs, damage to trees and shrubs for certain named perils (excluding the most common causes of damage, wind and ice), fire department changes, removal of property, credit card / identity theft charges, loss assessment, collapse, landlord's furnishing, and some building additions. These vary depending upon the form.
• Exclusions
  In an open perils policy, specific exclusions will be stated in this section. 
• Floods
  Flood damage is typically excluded under standard homeowners and renters insurance policies. 
• Coverage E – Personal Liability
  Covers damages which the insured is legally liable for and provides a legal defense at the insurer's own expense. About a third of the losses for this coverage are from dog bites.[19]