Homeowners insurance provides financial protection against losses from unexpected risks and disasters. A standard policy will provide coverage for your home, your personal property, as well as other structures located on your property. It also provides coverage for third-party liability exposures for personal injury and/or property damage that may be unintentionally caused by household members, including household pets.
Most damage caused by disasters are typically covered by a homeowners policy, however, there are some exclusions. Typically, flood and earthquake exposures are not covered by Homeowners insurance, but protection can be purchased through a separate third-party policy. And, of course, wear and tear and maintenance-related issues are solely the homeowners' responsibility and are not covered by insurance.
Dwelling fire insurance typically only provides coverage for the dwelling structure. It usually does not afford any coverage, or sometimes limited coverage by endorsement, for surrounding structures or personal property. This type of insurance is usually purchased for second or seasonal homes.
Marine Cargo Insurance
Marine cargo insurance covers the loss or damage to ships, cargo, terminals and any transport of cargo where property is transferred, acquired or held between the point of origin and final destination.
Commercial Package Policy Insurance
Coverage is tailored to provide businesses with insurance protection for most property exposures, including exposures to inventory or other business assets, against loss or damage caused by fire, theft and some natural disasters.
The General Liability section also covers third-party liability exposures resulting from personal and/or advertising injury, including medical expenses, as well as accidents stemming from on-site mishaps, including any injuries or damages occurring from use of goods or services sold on-premises. In addition to the indemnity limits included in the package, it also covers supplemental exposures such as payments for attorney fees, court costs and other similar expenses associated with your claim or for defense in a resulting liability law suit.
By bundling your business insurance coverages under a single Commercial Package Policy, you have the advantage of more comprehensive coverage at a discounted rate.