According to CarsDirect, third-party insurance covers injuries sustained by other passengers and drivers and damage done to other vehicles involved in the accident as long as the insured individual is at fault. Currently, every state requires drivers to have either liability or third-party insurance.
One of the reasons drivers need to have adequate third-party insurance on their auto policy is so they do not have to risk being taken to court by victims seeking compensation for damages, notes CarsDirect. While each state has its own requirements, drivers may want to purchase more than the required amount to protect their assets and make sure their policy fully covers all damages incurred from an auto accident.Learn More
Renter's insurance, which is typically enacted at the onset of a house, condo or apartment lease, provides the cost of replacing a renter’s personal belongings in the case of theft, fire, natural disaster or other covered event. In addition to covering personal property, renter’s insurance protects against personal liability and in some cases additional living expenses, credit card fraud, and alterations or redecorating costs applied to the rented space.Full Answer >
Homeowners insurance coverage varies depending on the homeowner's amount of coverage, but most often covers theÂ damage done to the home or items in the home due to break-ins, natural disaster events or vandalism. This means that personal property will be replaced, the home will be repaired and the insurance company will cover additional housing if the homeowner must live outside of his or her home while things are being repaired.Full Answer >
Massage therapy is normally only covered by insurance providers when prescribed by a physician. When this form of treatment is prescribed, it must be provided by a licensed therapist as opposed to massage technicians found in day spas and other chain massage locations.Full Answer >
Comprehensive insurance covers things like damage from falling objects, vandalism, fire and damage from severe weather or natural disasters. It is designed to cover damages incurred to the insured vehicle from some, but not all, things other than a car accident or collision.Full Answer >