All Risk Dwelling and Contents coverage is available for Homes and Condominiums which also provides increased Special Limits of Liability (below).
Replacement Cost Contents There is no depreciation due to the age or condition of your property. If an insured loss occurs and you replace your personal property, you will be paid the full amount of the item (less your deductible).
Increased Limits Of Liability You might need more coverage than provided in the basic policy. If so, you can increase the coverage to protect yourself.
Specifically, auto insurance protects you from financial loss if you have an accident. When you purchase a policy from an insurance company, you agree to pay the premium, or cost of the coverage. In turn, the insurance company agrees to pay your losses as agreed to in your policy. The protection you receive today protects you from financial hardship in the future.
An Example of the Power of Auto Insurance – While Getting The Best Nationwide Insurance Rates
Without Insurance: Let’s say you purchased a car and some time later, you had an accident that was your fault. The damages cost $10,000 for your car and $10,000 for the other vehicle. Without insurance, you have to pay the entire $20,000. An unexpected expense of $20,000 is life-changing, and nearly impossible to recover from.
With Insurance: In this case, after you bought your car, you purchased an auto insurance policy that covers damage to your vehicle and any vehicle you hit. The policy costs you $50 per month, and you’ve made every payment. Let’s assume that the same accident happens, and you have a $20,000 expense for the repairs to both vehicles. Because your auto insurance policy covers the damage, the insurance company pays that $20,000 expense (less your deductible). You have a car that needs to be repaired, but that’s a lot better than having a $20,000 unexpected expense!
