Your property is covered against sudden and accidental damage. There are key exclusions, notably ood, earthquake, sinkhole collapse, wear and tear, pollution (an oil tank that leaks, for example), damage caused by vermin, intentional acts, and others. Mold coverage may be limited, and water backup typically needs to be added.
Automobile insurance is required by law – if you own a car, you must insure it. As a result, auto insurance is something almost everyone needs. A major problem, though, is that many consumers do not understand how an auto insurance policy works. Learn more about Auto Insurance