Frequently Asked Questions (FAQs)
What is "full coverage"
auto insurance?
The term "full
coverage" is a term that means the legally required or most
commonly requested coverage's. Legal requirements vary from state to
state, with some requiring more than others. Full coverage can
include bodily injury, property damage, uninsured and underinsured
motorist, damage to the insured vehicle (also known as comprehensive
and collision) and any other coverage's available such as rental car
and towing.
How much life insurance should I get?
If you have a family, most
experts agree that a policy worth 5 to 10 times your annual salary
is a wise investment. However, many individuals choose to purchase a
higher amount.
What are the types of home insurance?
The two categories of
homeowner insurance are "all-risk insurance" and
"named-peril insurance." All-risk insurance covers losses
except those specifically excluded in the policy. Named-peril
policies pay only for the causes of loss specified in the policy.
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