In most cases, premises must be occupied at the time of loss, unless the parties agree otherwise. Includes expenses for living away from home because of a fire or some other covered peril. Excludes professional malpractice. Liability Insurance - Covers bodily injury and property damage. Collision Insurance - Covers damage to the insured s car in any type of collision.
Most people agree to pay a deductible before the insurer becomes liable.
Comprehensive Insurance - Covers loss, damage, and destruction by fire, hurricane, hail, vandalism, and theft. Some states require it of all automobile policies sold to drivers. Underinsured Motorist Coverage Covers against injury caused by another driver who doesn t have enough coverage to pay for all the damages. Medical Payments Coverage provides coverage for medical bills regardless of fault. Insurance - Provides that claims arising from an accident are made against the claimant s own insurer, regardless of whose fault the accident was.