Just when you think you have everything covered-home, auto, boat, life, etc., someone starts talking about casualty insurance. You may start to panic, and may even think, "What now? What does that kind of insurance cover?" Slow down, take a breath, and read the following information on what casualty insurance is and what it actually covers.
Casualty Insurance Is the Broader Category
Casualty insurance is typically the broader category of all of the types of insurance you already have or should have to protect your assets and investments.
Hurricanes regularly hit the gulf coast states and cause a tremendous amount of damage each year to the hulls on commercial boats (used for things like fishing, sightseeing, and sea diving activities). This is one reason why hull liability insurance can be so expensive for some commercial boat owners. One way to control the cost of these policies is to institute a "Hurricane Preparedness Plan" that you will use to protect your boat in case a hurricane hits your region.
Insurance companies often raise the premiums of senior citizens because of a perceived risk that older drivers are more likely to get into an accident due to issues, such as declined cognitive function, and health issues, such as arthritis. Here are a few ways, as a senior citizen, you can keep your car insurance rates low despite your increasing age.
Take A Safe Driving Course
Many insurance companies will offer you a multi-year discount if you take a safe driving course through an approved company.
When you want new auto insurance but you do not want to sit in an office with an agent or wait in a lobby or line to talk to someone, you do have options. With the advancement of mobile apps and mobile technology and computers, you can acquire a new auto insurance policy quickly and easily. Here are some ways to bypass agents and waiting lines and get your new policy quickly.
If you own an automobile, you know that auto insurance is a necessity. Not only does it keep you in compliance with the law, but it protects you in the event of an accident. However, not all auto insurance is the same. There are a lot of different extras that you can choose to add on to your policy that could come in handy. However, many people either don't know about them or simply choose to forgo adding them to save a few bucks each month.