Know Your Insurance Coverage

by Administrator 28. May 2021 09:17

Insurance coverage refers to insurance services offered for covering an amount of risk or liability. The right type of insurance coverage for an entity or individual depends on his budget and personal requirements like lifestyle, age, value of possessions, etc. In exchange of the insurance services, the insured pays an amount known as premium to the insurance company; the higher the risk, the higher the amount of premium charged and vice-versa.

In order to choose the right insurance coverage, it is important to understand different types of coverage and what they entail. Following are some important points regarding insurance coverage:

  • Home Insurance: This coverage takes care of the house, its possessions, legal liabilities due to anyone getting injured within the premises and financial losses due to unexpected events like fires, theft, storms, etc. The types of home insurance coverage include dwelling, personal property, other structures (storage shed, garage, etc.), damage due to loss of use, medical bills for injury to anyone on the property and personal liability against lawsuits. The insurance covers losses due to theft, vandalism, accidents, fire, lightning, windstorms and riots.
  • Auto Insurance: This insurance covers bodily injury and property damage liability, comprehensive and collision coverage, uninsured and underinsured motorist, loan/lease payoff coverage, custom parts and accessory/equipment coverage, medical payments coverage, pet injury coverage, rental reimbursement, roadside assistance. Before buying auto insurance, research on the state’s minimum coverage requirements for the same.
  • RV Insurance: Recreational vehicle insurance covers injury costs and damage repair costs. The common types of recreational vehicles covered under this insurance include Motor homes (Class A, B and C), motor coaches, camper vans and travel trailers. The coverage options include bodily injury and property damage liability, comprehensive and collision options, roadside assistance, full timer’s package, deluxe package, fire department service charge, vacation liability, emergency expense, medical payments, etc.
  • Motorcycle Insurance: Factors such as type of motorcycle, past driving record, place of residence, credit history, etc. are taken into consideration when offering motorcycle insurance. The insurance covers bodily injury and property damage liability, comprehensive and collision coverage, uninsured/underinsured motorist coverage, medical payments, custom parts and equipment and roadside assistance.
  • Boat Insurance: This provides coverage for boats and personal watercraft. This insurance coverage covers roadside assistance, total loss replacement, on-water towing and more. The insurance covers most types of boats such as sailboats, fishing boats, house boats and more.
Shawn Camp Insurance Agency, Inc. offers affordable insurance coverage in Killeen, TX. The customers have the option to personalize insurance coverage as per their requirements. The agency also offers free online quote for insurance coverage chosen by the prospective insurance buyers. To know more about insurance coverage in Killeen, visit 2705 E. Stan Schlueter Loop, Suite 101 Killeen, TX – 76542. You can also call at (254) 526 – 0535.

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How To Claim An Insurance?

by Administrator 11. May 2021 09:54

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