If you have an accident, auto insurance can help protect you against financial loss. Very simply, it is a contract between you and the insurance company. You agree to pay a premium and the insurance company agrees to pay for your losses due to an accident, as defined in your policy.Auto insurance protects you on three fronts:Property coverage pays for damage to or theft of your car.Liability coverage pays for your legal responsibility to others for bodily injury or property damage.Medical coverage pays for the cost of treating injuries, rehabilitation, and sometimes lost wages and funeral expenses.Most states require you to buy some vehicle coverage. If you're financing a car, your lender may also require that you buy car insurance.The six primary sections of an auto insurance policyYour auto policy may include these six areas of coverage or a combination of them. Each is priced separately.Bodily Injury Liability: For injuries the policyholder causes to someone else.Medical Payments or Personal Injury Protection (PIP): For treatment of injuries to the driver and passengers of the policyholder's car.Property Damage Liability: For damage the policyholder causes to someone else's property.Collision: For damage to the policyholder's car from a collision. The collision could be with another car, a fence, a light post, a wall, etc.Comprehensive: For damage to the policyholder's car that doesn't involve a collision. Coverage includes fire, theft, falling objects, explosion, earthquake, flood, etc.Uninsured Motorist Coverage: For treatment of the policyholder's injuries as a result of a collision with an uninsured driver. Additionally, underinsured motorist coverage can also be included in the policy. Underinsured motorist coverage is for when an at-fault driver has auto liability insurance, but the limit of insurance is insufficient to pay your damages.Each state requires that you have certain types of coverage in combination with minimum liability limits. Talk to your agent about the type of coverage at a premium you can afford.Footnote: This is a brief overview of how automobile insurance works. You should read a policy thoroughly before purchasing any insurance policy.

When it comes to your classic car, a regular auto policy just won’t do. While most cars depreciate as they age, a classic or collector car appreciates in value.Does your vehicle qualify for classic car insurance?To be eligible for classic car insurance, your vehicle must fit one of the following definitions:Classic car: 10 to 24 years old that has a historic interest (e.g., a sports car or muscle car).Antique car: 25 or more years old that fits one of these categories.  The Veterans (cars created on or before December 1904),Edwardian (vehicles manufactured between January 1905 and December 1918), andLimited (rare, special interest, or limited editions). If a "classic car" is more than 25 years old, it is considered an antique car for insurance purposes.Your antique or classic car must also meet these conditions: Limited use: Your antique or classic vehicle should only be used on a very limited basis.Condition: The car (generally) must be restored, maintained, and preserved in its original condition, or undergoing restoration. Some insurers may not decline coverage if the vehicle is not in excellent condition.Storage: It is required that you store your vehicle in an enclosed building.Policies for antiques or classic cars include typical vehicle coverage options, such as liability, collision, comprehensive, medical payments, and more. We'll help you customize your collector auto insurance policy based on your year, make, and model.

A recreational vehicle (RV) is all about your free time. You don’t need to worry about dealing with airlines, rental cars, and hotel rooms. You can decide when to go, where to go, and, best of all, how long it will take you to get to your destination.However, are you sure you have adequate RV insurance? Unfortunately, many RV’ers don't take the time to adequately insure their home away from home. A common practice for RV owners is to insure their RV under their current auto policy instead of purchasing a separate motorhome insurance policy. Take the time to read what and how much is covered under your auto policy. To ensure proper and adequate coverage, consider adding a separate RV insurance coverage to your current auto policy.The Right RV Coverage Guarantees Peace of MindWith an RV, you will encounter situations that are unique to life on the road. With that in mind, here are things to consider regarding recreational vehicle insurance coverage:Total Loss Replacement : As with a car, this provides you with a new, comparably-equipped RV if your RV is totaled within the first few model years.Replacement Cost Personal Effects: Pays for the replacement of your personal items in your RV that resulted from a covered loss.Vacation Liability: Pays for Bodily Injury and Property Damage losses that occur at your vacation site.Emergency Expense coverage: Pays your expenses for hotels and transportation due to a covered loss.Special Windshield Deductible: Again, as with a car, you want to make sure this coverage is available to you.Recreational Vehicle Medical Payments coverage: Pays the cost for necessary medical treatment that is caused in an RV accident, regardless of fault.

You might be new to owning a motorcycle, or you might be an enthusiast with years of riding experience. But one thing that is consistent across the board is the importance of having the right motorcycle insurance policy to fit your needs.There are a variety of motorcycle policy options to meet your needs. Let your insurance agent explain the different liability limits; comprehensive, collision, uninsured motorist, and medical coverage, in addition to the various deductible options available to you.Here are some things to look for when choosing a specialized insurance policy for your motorcycle:Safety apparel coverage to help protect your investment in helmets, leathers, gloves, and any other clothing designed to help minimize injury in the event of an accidentOptional equipment coverage for chroming, custom painting, side cars or anything else that was not included as standard by the manufacturerOptional towing and roadside assistance in case your bike breaks down and can’t be ridden when you're away from home because you run out of gas, get a flat, or have other mechanical issuesOptional replacement cost coverage on a bike purchased new and insured within 30 daysRemember, having the right motorcycle insurance coverage benefits you, your bike, and others on the road.

There's nothing better than being out in your own boat on the open water. However, practicing safe boating and having the right insurance policy is critical to your well-being, passengers, and your craft. Many states now require boat owners to have boat insurance. If you have a loan on your boat or use a marina, you may also be required to have boat insurance.Boat insurance is similar to your car insurance and can help protect you in the same way. As with car insurance, this policy protects you against liability and damage in the event of an accident. However, since boats have different features than your car, make sure your insurance company includes the coverage you need. Plus, boat insurance may differ depending on the type of craft you own. Each policy provides details on what is covered and what is excluded.Boat Insurance Coverage you will want:LiabilityPhysical damageTheftMedical paymentsMotor coverageTrailer coverageBoat coversDocking fendersCommunications devicesIt's likely that your boat is docked somewhere other than your backyard. Regardless of where you store your boat, make sure your policy covers you from damage caused by;A collisionSinkingAn accidentMalicious mischiefVandalismAlso, make sure your boat policy covers physical damage to:The hullSailsMachineryFurnishingsMost on-board equipmentBoat trailer for damage from an external causeMake sure your boat insurance coverage travels with youSome insurance companies limit where you can go with your watercraft and still be covered, or they charge you extra if you travel. Confirm that your policy provides coverage in and out of the US, regardless of the body of water. If the policy does not provide the necessary coverage, make sure to add it for your trip out of the country.