When you're traveling for the summer, the last thing you want to experience is an automobile accident that puts a damper on your fun. While your auto insurance agent will still be able to handle the claim for you over the phone, it's best to do everything you can to avoid putting yourself in this situation. While accidents can certainly happen, some smart preparation ahead of time will reduce your chance of finding yourself in a collision -- and having to spend part of your vacation dealing with the insurance claim.
You love your vehicle, but life is busy, so when you get a ding or two in the parking lot, you may choose to ignore them. After all, your insurance policy has a deductible, and you may think repair is not worth the effort and expense. Even when you have a larger dent, you may choose to do nothing. In reality, you should probably have this damage repaired for several reasons.
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.