Best Home Insurance Quotes

What would you do if you were in a situation that your house was burned down to the ground because of a fire, or someone robbed your house and took that brand new 46 inch television that you had bought or even expensive jewelry or maybe even your child’s laptop?

What if you did not have enough money to replace them and even if you did would you still have enough money left over to spend on other things even though you had already spent your hard earned money on those specific items?

Having home insurance will help protect you if any of these incidents happen. Home insurance provides you with money to fix your home if you are the owner of the home. It also gives you money to replace damaged or stolen property such as clothes, expensive car collection and the items that I have listed above.

It also offers you liability protection in case someone gets hurt in your home or if you somehow injure someone or damage their property and it does not matter where it happens. They have the great benefit of giving you money to cover any additional living expenses that may occur if you are forced to move out of your home because of a fire or other type of disaster.

The majority of home insurance companies offer three different policies and it is up to you to pick the one that will satisfy you best. is one such insurance company that has been around since 1993 and has been helping a great amount of consumers save money on their home insurance. Getting quotes on home insurance has never been easier. They have a free service, you simply enter your information once and you are instantly matched with the most competitive companies in the business. You will get back a low cost quote so you can compare and save what a great way to save money.

by M.C.

How to Get Affordable Child Health Insurance in California

More than one million children in California do not have health insurance. That means these children may be lacking basic well-baby care, vaccinations, and dental care, not to mention necessary care during an illness. Here are the options that are available for affordable child health insurance in California.

Employer Insurance

Most Californians receive health insurance through their employers. This is the most economical form of insurance, as the employer usually pays part of the premium. However, small companies may not be able to offer affordable insurance to their employees.

Government Assistance

The California state government offers several programs to help families afford health insurance for their children:

* Medi-Cal is a public health insurance program for low-income children and families. It provides free comprehensive medical, dental, and vision coverage.

* The Healthy Families Program provides low-cost health, dental, and vision coverage to children whose families do not qualify for Medi-Cal but cannot afford other health insurance.

* Some local coalitions offer health insurance programs to families that do not qualify for either of these programs.

For more information on these state-sponsored programs visit the California Department of Insurance at:

Private Insurance

While private insurance is the most expensive form of health insurance, it's the choice for over 600,000 Californians and may be your best choice. With private health insurance you have many options to choose from, including HMOs, PPOs, and traditional comprehensive insurance.

by Brian Stevens

Where to Get Low Cost Nevada Health Insurance

Are you among the 400,000 people living in Nevada without health insurance? If so, you already know that health insurance is a necessity. Now you need to know where to find low-cost Nevada health insurance.

Who Lacks Insurance in Nevada?

Lack of health insurance is not limited to low income families or the unemployed. More than half of uninsured Nevada residents are middle-class working families.

There are several reasons for Nevada's high uninsured rate:

* About 95% of Nevada businesses have fewer than 50 employees. These small businesses are less likely to offer employer-sponsored health insurance benefits. If they do offer an insurance plan, the premiums are often too high and the employees do not participate.

* Nevada has many part-time and seasonal workers who do not participate in employer health care plans.

Options for Finding Low-Cost Nevada Health Insurance

The Nevada state government does offer some programs to help residents obtain insurance:

* The Nevada Check Up program is a children's health insurance program that provides low-cost, comprehensive health care coverage to low-income, uninsured children.

* The Nevada Check Up Plus program provides a subsidy to working parents employed by small businesses so they can afford to participate in their employer-sponsored health insurance.

If you are not eligible for state aid, your next step is to look for low-cost individual health insurance. The best way to find low-cost health insurance is to go to an insurance comparison website and fill out a form with information about yourself and your insurance needs. You will then receive quotes from multiple A-rated health insurance companies. You can then compare the quotes and choose the one with the lowest cost.

by Brian Stevens

Travel Insurance: Older Holidaymakers

Senior citizens are one of the most likely groups to holiday abroad, but it is also this group that can have the most difficulty in getting an affordable deal on travel insurance.

There are insurance companies that specialise in providing cover for the over 65's, as well as a number of non-specialist policies available that cater for the older traveller.

However, some insurers no longer offer multi-trip annual travel insurance cover to older holiday makers, meaning that the older generation are often excluded from the cheapest travel insurance options available.

There are now a range of providers that offer cheap travel insurance for the older holidaymaker, however some customers still find themselves having to pay much higher premiums for the chance to go abroad due to the increased risks associated with their age group.

Because of the higher cover prices for their age group, many are tempted to make the trips without taking out travel insurance in order to avoid paying a high price for cover which may exclude existing medical conditions.

The stereotypical view that older holidaymakers have an increased risk of falling ill or having an accident whilst on holiday makes it difficult for the older traveller to find an affordable travel insurance deal.

In the event of complications happening whilst on holiday, treatment can be expensive - not too mention the costs involved when booking an earlier flight home.

However, with a wider variety of specialist providers now offering affordable deals, older holidaymakers now have more options when it comes to selecting travel insurance for overseas excursions.

by David Collins

The Reasoning Behind Getting Car Insurance

The car has moved away from being a luxury to being a necessity. Everybody has one. Maybe because of the rise in the numbers of cars, there is a rise in the numbers of accidents as well. It's after being in an accident, when your car is badly damaged, that you'll either be thankful of your car insurance covering the costs or regret the fact that you never bothered. Regardless of the legality of driving without car insurance in many countries - or lack thereof - the sheer amount of damage that can be done to your car can be devastating if you never bothered with insurance.

Ignoring car insurance is not an option any more. If you own a car, you will have to make sure that you find a policy that provides you the best coverage. Note that "best" doesn't mean "most expensive" (as any legitimate form of car insurance can sort out the legal side of things in most countries) simply because the reason you're taking out insurance is to stop yourself from being potentially a few grand out of pocket when the repair bill comes in. At the same time, remember that you could be feeling the pinch when a certain amount goes into paying the premiums on the policy.

Let us say that you end up spending more on insurance than you do on your car, and don't have any accidents. This should really not be the case. If it is, then, you will have to think about looking at a new insurance plan. Regardless of that, though, if you happen to drive in an area where car insurance is a legal requirement (vast swathes of the world, really) then you'll need some kind of insurance scheme, but it doesn't have to be the most costly one.

It may be a good idea to switch to a different insurance company if your current one seems too expensive. But the fact of the matter is that when you do need to call on your insurance you'll almost certainly wish that you hadn't switched. In fact, this is the reasoning that many use as they stick on with a more expensive plan rather than move over to a cheaper one. It's a little like a loan that works in reverse: instead of getting the lump sum of money at the start, you receive it at the end. With an insurance policy in place, you don't have to worry about whether or not your car repair expenses will be taken care of.

The peace of mind that comes with knowing that, should someone damage your car, sorting out the problem is relatively hassle-free is more than enough to warrant the relatively small payments. If you are keen to avoid enormous repair bills, this is the way to go. The point to emphasize is that being without a car when you, say, travel to work everyday in one can cost you dearly due to the sudden extra amount of effort that you have to put in to earning the money to pay for a new set of wheels. If you were insured at the time, however, many policies include a "courtesy" car. In case of an accident, you can drive around in the "courtesy" car while waiting for your car to get back from the garage.

by Ajeet Khurana

Travel Insurance - Holidaying in a Winter Wonderland

According to the Ski Club of Great Britain ski holidays and skiing weekends are becoming ever more popular. With more and more of us taking advantage of cheap European flights we're able to get out on to the slopes more frequently and those who are more experienced are able to fit all their fun into a weekend break much like a city break for a weekend.

With no need for lessons it's obvious that they can get their fix of skiing and or snowboarding done in a weekend, this is a considerably cheaper option to the usual cost of lessons and most of the time spent during a normal week falling over and veering towards trees!

This said, it's also important to remember despite you're expertise at gliding down the mountainside there's still the possibility that you could take a fall or collide with a novice (it has happened in the past) and while this can certain put your holiday plans on ice it could also mean that your quick weekend away ends up meaning a week or two off work. This obviously means that travel insurance is needed more than ever.

Considering the costs of accidents whilst skiing, to assist an injured skier can often cost around £400, for a helicopter to rescue a skier form a mountain costs £1500 and should you need taking back home via air ambulance then that can cost a mammoth £9000, all of these services are not covered by health insurance policies and so would only be covered by travel insurance policies.

It is worthwhile to check with your travel insurers as snow and other activities may need extra cover or a specialist policy, whilst only 5% of snow and ski insured people have to claim per year it is still a very expensive claim with not only the costs mentioned earlier but also the healthcare in ski resorts is often private care with substantially increased costs since there is not much competition in remote places.

by Andy Adams

Travel Insurance : Safety While You Out of Familiar Surroundings

Travelling abroad is holiday time for most of us. For many, it is for business purpose. Whether you travel for business or for pleasure, accidents can come to you in equal measure although when you are traveling for pleasure, you may tend to get somewhat adventurous, and the risk of accidents may increase. So when you are out on your dream trip, with all that excitement, it is wise to consider the risks that you are exposed to.

After all, you are in unfamiliar land, and if you face any trouble, it may take some time before you get help and it could be expensive as well. Travel insurance is a serious policy to deal with the serious things that may happen, as you are out there for all the fun. You need to think about the chance-occurrences that can land you up in trouble.

Many of these problems can be related to your health. Some of them can be due to internal factors such as some symptoms that might suddenly surface while you are enjoying your trip. Or it could be simply some sickness that you may catch due to a change in climate and environment. Other problems can come about to be due to potential dangers such as that of terrorism or casual accidents. Travel insurance ensures that you receive help in all such cases. It gives you international medical insurance so that you get medical attention, no matter where you go around the world. It gives you the essential cover when you expose yourself to a new environment in a new place abroad.

This policy is a way to ensure that you do not leave any stone unturned to see to your safety as well as that of your family members who might be traveling along with you. At the same time, since the travel insurance policy caters to a variety of situations that a person traveling abroad may be exposed to, one needs to be clear about what all conditions are actually covered.

by Allan Elvin

Travel Insurance: Financial Protection Ensured Abroad

Travel Insurance gives you your best chance when you go travelling outside the secure and familiar domain of your country. Problems do not come with a clear-cut calling and one has to be aware of the different types of problems that you may face when you are out to enjoy your holidays. It gives you the essential coverage to take care of your well-being wherever you go journeying around the world.

This policy gives you international medical insurance. So if you face any problem related to health, such as injury due to any reason such as any accident whatsoever, you are taken care of properly. This policy ensures that you do not face any hassles owing to language problems or due to unfamiliar terrains. Help would be available to you and you would be in for special treatment with an honorable privilege even in a foreign land with travel insurance.

The company providing you this insurance have their contacts and health service subscribers all over the world sitting there to take care of you there. Not only health services, this policy also provides coverage for your baggage, should any harm come to it out of no fault of yours. Needless to say, their service can be simply invaluable in emergency situations.

This policy offers you different complementary services as mentioned in the terms and conditions of the policy. You should specially read the clauses related to medical emergencies and evacuation; and also the conditions where any claim related to your personal belongings would be covered. Personal liability is another important term wherein any injury caused by you to someone else unintentionally is also covered. Finally remember that the travel insurance policy is generally valid only for the time that you are abroad, outside the boundaries of your country, and ceases to be in effect the moment you come back to your home.

by Allan Elvin

Home Insurance: An Impeccable Security Blanket For Homes

The need of a home simply cannot be ruled out. It gives the assurance that whatever might happen, one would always have a roof above one's head to seek asylum from the brutality of the times. However, what is most heart-wrenching is the fact that like so many other things, this era has made this basic requirement of life distanced from the masses. Indeed, with prices of everything propelling up, the dream of owning one's own house is just that for an average earning man, a dream. That is till the time he does not decide to go for loans.

Thankfully, with plenty of financial institutions coming up and loans available rather easily, this dream that once appeared to be too expensive for lay people is actually turning into a reality. However, if one is of the notion that the work is over by possessing the house then one is sadly mistaken, for the real challenge starts now. The challenge is to protect one's dream possession from a range of calamities. And when it comes to protecting one's home then one thing that automatically comes to mind is home insurance.

Home insurance provides a security blanket which protects a house from such potent threats like fire, earthquake, storm, lightning, flood, theft, burglary, riots, vandalism, fire, explosion, subsidence, burst pipes, civil upheaval, water leakage, oil leakage, impact from vehicles, falling trees, air crafts etc.

However, as it is with any other form of insurance, in home insurance also one has to take care of a few points so that one is in a position to derive maximum advantage from it. The most important thing to find out here is whether the policy covers the entire value of the house. Does the policy come to life as soon as it is signed? Is the amount required for claims satisfactory? Lastly, one must check the policy periodically and ensure that obsolete points are removed. Obviously, information to this effect must be communicated to insurance company so that there are no hassles.

by Smith james

Home insurance - Avoid a washout

With increasing numbers of incidents of flooding every year, choosing the right insurance policy can be vital to protecting your valuables from flood damage.

After the waters have receded, your first step should be to contact your insurance company - most of which have 24 hour help lines - and don't worry if you can't find your policy documents as your insurer will have you on the database.

If your building and contents cover are with separate companies you may need to put in two calls, and if your vehicle has suffered damage as a result you'll need to contact your motor insurer - bearing in mind that you'll only be able to make a claim if you have fully comprehensive cover.

It is advisable to contact your home insurance company before arranging emergency repairs, keeping any receipts for work undertaken in order to claim.

Take photographs if you are able to as this could help your claim, and don't just throw equipment away as it could affect a loss adjusters' assessment.

In the event of severe flood damage, you may have to be moved to an emergency shelter whilst restorative work is being carried out on your house.

Your house insurance provider will usually ask you to approve any temporary accommodation before your stay begins and will most likely have a limit on how much will be paid towards your stay. This will typically be around the 20% of the sum insured; if you spend more than this you are likely to be liable for the cost.

It could take months for insurers to process your claim and arrange payouts, however you may be offered interim payments in order to help you buy essentials and to help with short-term expenses.

If you are unable to return to your home for a long time after flooding, the 20% limit should stand. Insurers have said they will continue to offer flood cover to as many homeowners as possible and many have said they would allow customers to renew their existing cover.

However if you're looking to take precautions and take out home insurance to protect your possessions against flooding it's best to shop around but also to be cautious - as you may be offered a policy that would pay out in other circumstances but not if you end up if you suffer flood damage.

by David Collins

Buying Your Health Insurance Online

If you are in the market for an affordable health insurance plan, there are many options you can choose from when it comes to how you find your insurance plan. The traditional way is to call a few providers and get quotes on their rates, most using a provider that they already use for other insurance needs. But there is another option that can be commonly overlooked, especially by those who rarely use the Internet -- buying your health insurance online.

Buying your health insurance online can come with many distinct advantages, some of which you may have never considered before. Some of these advantages include:

Easily compare prices between different plans and different providers

When you shop for your health insurance policy online, you have the option of not only comparing different plans from a single provider, but also comparing plans available by different providers. To do this, you don’t go to the website of each individual insurance provider, but rather go to a reputable comparison website that will allow you to pull up multiple quotes from multiple providers with one single search. How it works is that you will put in basic information (gender, age, smoker, student) on each person you want to insure and the website will pull up the best policies offered in your area. You can even compare the major issues of each policy (price, deductibles, co-pays, etc.) side-by-side.

Purchase with no hassle from an insurance agent

Another great thing is that you won’t have someone looking over your shoulder while you are making a decision about your insurance policy. While it may be great to have someone there to help you, it can also be a burden. What if they are suggesting policies that arenât right for you? What if you are uncertain if you even want to purchase a policy from their company? These scenarios can lead to uncomfortable situations that many people would prefer to avoid altogether.

View the details of each plan before you decide on a policy

When looking at a health insurance plan online, you can see the full details of the plan right there in black and white. You will be able to see what is covered, what isn’t covered, what may require a waiting period, how much dental or mental health benefits you will receive under the plan, and almost anything else you need to know in order to make an informed decision.

Look for prices on your own schedule, without even leaving your house

Lastly, purchasing an insurance plan online allows you to do so at your convenience. You can get your plan in the morning, the afternoon, the evening, or even at 3 AM. You also donâ even have to leave your house in order to find and purchase the insurance plan you need.

All in all, these advantages make a great case for purchasing your next health insurance policy online, as opposed to phoning different providers to decide which plan you want to commit to. It is easier, it is more convenient, you can do it on your own time, and you can completely research each policy before you make a decision regarding which plan is best for you.

by Didier Moujaes

The importance of considering mortgage protection insurance

Any homeowner should ask themselves if they would be able to continue to repay their mortgage if they were to become unable to work after suffering from an accident, suffering an illness or faced involuntary redundancy. In most cases, the answer would be that they would not be able to cope financially. For those who would be eligible to claim, a mortgage protection insurance policy could be their lifeline.

The majority of homeowners think they would we able to live on their savings or that the State would kick in and help out. However, savings would soon dwindle if you were to be out of work for months on end and the financial assistance the State offers - even if you are entitled to receive help - is very little. Providing you have checked the exclusions in a policy then mortgage protection insurance can be a very valuable lifeline.

Mortgage insurance can be taken out for a premium each month which varies between providers and is based on your age at the time of taking it out and the amount of your monthly mortgage that you wish to insure. You do have to read the exclusions in a policy because the cover is not suitable for the circumstances of all individuals. Common exclusions include being self-employed, suffering an ongoing illness, being of retirement age or if you only work in part time employment. There can be others attached by the provider so it is essential that you do read the small print.

If a policy is suitable for your circumstances then it could begin to payout once you had been out of work for anywhere between 31 and 90 days, this is stated in the small print. Once it has commenced you would receive a tax free income each month which means that you would not have to struggle when it comes to repaying the mortgage and related outgoings such as insurance each month.

Mortgage protection insurance along with other payment protection products have earned themselves a bad name and have caused much confusion which has caused a drop in the amount of policies being sold. However it is not the actual cover itself which is to blame but those who sell it with little knowledge regarding the products. When bought from an independent specialist provider you can be sure that the cover is sold by qualified staff and is your policy is backed up by experience in the payment protection business.

A specialist provider will give you access to the vital information you need to determine if a policy is suitable for your circumstances. Along with this they will offer the cheapest quotes for the premiums which make mortgage protection insurance affordable for everyone. Despite the many faults and ongoing investigation by the Financial Services Authority, mortgage protection insurance is worth considering when you take into account that it could mean the difference between you losing the roof over your head by getting behind on your mortgage repayments or keeping it.

by Simon Burgess

Take care when buying mortgage insurance

In 2005 the Financial Services Authority (FSA) began investigating the payment protection insurance sector and subsequently handed out fines to several well known firms on the high street for mis-selling payment protection products. Recommendations were made for selling the cover and some changes for the better have been seen, however recently the FSA handed out a fine not only to a firm, but also the Chief Executive for failing to follow the proper procedures when it came to selling mortgage insurance.

The company was found to have sold 2,000 policies to consumers remortgaging while putting them at a high risk of being mis-sold their policy and were the first firm to receive not only a company fine but also where the Chief Executive had to put their hands in his own pocket.

However, the negative publicity that mortgage payment protection insurance (MPPI) has attracted does not do the product justice. Mortgage insurance, when taken out correctly and understood after being given the key facts and exclusions, can be an excellent safety net on which you can fall if you should lose your income. If you were to be out of work after suffering from an accident, sickness or through such as unemployment then you could be left struggling to find the money to repay your mortgage. If you cannot keep up with your mortgage repayments then you risk having your home repossessed as the State cannot be relied upon to give you the money needed.

A mortgage insurance policy could begin to give you a tax free income which would start once you had been out of work for a set period of time which can be anywhere between 31 and 90 days of being continually out of work. Once the cover had commenced payout then it would continue to do so for between 12 and 24 months depending on the provider. However the cover is not suitable for all circumstances and you have to make sure that is suitable for yours before taking out the cover.

Exclusions which are common to all policies include if you are retired, self-employed, if you suffer from an ongoing medical condition or you only work part time. Providers can add additional exclusions so when looking for your cover take these into consideration along with looking for the cheapest quotes for the cover.

In the past mortgage insurance has been known to be an expensive addition to an already over stretched budget and it can when taken out alongside the mortgage. Buying cover from an independent specialist provider can save you a lot of money. Along with this as they are more ethical you can be sure that they will provide the key facts of the policy and make sure the consumer understands the exclusions before buying and so can make an informed decision regarding the policy. A policy can work in the way it is intended to do but you have to know what you are buying and stick with a specialist provider if you want to be sure you have a quality product which is backed by experience in selling payment protection.

by Simon Burgess

Protect your monthly loan repayments with loan cover

Just as you would go with a big name in electrical supplies if you were looking to buy a new TV set so you should go with a specialist provider when it comes to looking for loan cover. Loan cover can give you peace of mind and the security of an income in the event of you becoming unable to work, but you have to choose it wisely.

Just as with anything you buy there can be pitfalls and with loan cover it is the exclusions in a policy which can cause problems if you have not checked them against your circumstances. There are certain conditions which could mean that loan cover would not be suitable, if you are retired, self-employed, suffer a pre-existing medical condition or only work in a part time position.

When bought correctly with the exclusions in mind, loan cover can give you the income each month if you were to lose your own through coming out of work due to an illness, if you were to suffer an accident or should become unemployed. The cover would kick in with a tax free income to cover yours up to a certain amount each month once you had been out of work for between 31 and 90 days dependant on the provider. A policy would then continue to provide you with peace of mind and security for between 12 and 24 months

Depending on where you buy the cover will all depend on how much information you will get regarding the exclusions. The lack of information was the main problem when it came to policies being mis-sold and which has been widely reported in the press over recent years. High street lenders add cover onto loans and mortgages while not always making the consumer fully aware that exclusions exist. This led to an investigation by the Financial Services Authority (FSA) and several high street names receiving fines before the sector was referred to the Competition Commission by the Office of Fair Trading for review. Some changes have been seen and many firms have taken the recommendations set out by the FSA to heart, however others are still putting huge profits ahead of the consumers best interest by failing to follow the guidelines.

The FSA recently announced that in 2007 over 4,000 cases of mis-sold insurance have been investigated, this is double the year before. They also urge consumers who own the 20 million policies in the UK to check the terms and conditions because half of these could have been mis-sold.

by Simon Burgess

You may have travel insurance; but are you really covered?

Travel insurance is a sensible investment for anyone planning to journey away from home - after all, the cost of a travel policy is trivial in comparison to knowing that you're covered if any unanticipated events occur. Moreover, the expense is much more manageable than having to pay for the aftermath of an unfortunate situation in full. But many people who obtain travel insurance are unaware of all the 'minor' details; simply put, people are usually informed of all the features incorporated into a given policy, but are often left in the dark about what's not included.

Travel insurance often covers 'predictable' travel mishaps, such as illness, injury and loss of baggage, as well as flight cancellations and curtailments. Yet many people are unaware of the fact that most travel insurance plans are governed by a myriad of 'small print' terms: that is, travel insurance often doesn't cover every aspect of travel.

For example, any given travel insurance policy might cover flight cancellations attributed to airline delays, aircraft maintenance or severe weather. But what if your flight cancellation came as a direct result of a terrorist attack? Would you still be covered? Most people believe they would be, but the fact is that the majority of existing travel insurance companies wouldn't cover policy-holders under such circumstances - regardless of any injury, property damage or loss of money encountered. So while you may have insurance, it's important to ask: are you really covered?

Insurance is a far more manageable investment than having to remedy an unfortunate situation if it happens to arise unexpectedly. But if an insurance plan doesn't cover certain circumstances which may occur, what's the point of paying for it? It's important to do bit of research and ask some penetrating questions when searching for suitable travel insurance. This is often the only way to gain access to all the undisclosed details which may end up being relevant - and of great importance - to you.

By Andrew Regan
Published: 12/11/2006

The Benefits of Holiday Travel Insurance

Tourism is a growing industry worldwide. So are undesirable things like terrorism, flight crashes, accidents, wars, disease, natural calamities etc. Any experienced traveler can tell you that travel is full of uncertainties. But it is not possible to sit at home afraid of calamities. Holiday travel insurance is one way of mitigating the financial risk of such unforeseen events or calamities.

There are a variety of holiday travel insurance policies available today on the internet or the market. It is easy to get confused with so many offers. However most holiday travel insurance policies have certain basic benefits which are common. Holiday travel insurance policies usually provide coverage for:

Trip cancellation/interruptions. Trip cancellation/interruptions due to a variety of reasons like death of an immediate family member, weather, sudden illness, bankruptcy of airliner, jury duty, terrorist activities etc.

Medical costs. Costs incurred for doctor visits, medicines, treatment, surgery etc and some policies even provide coverage for costs of medical evacuation to nearest medical facility.

Accidents. Accidents or calamities like earthquakes, tsunami, storms etc and the related costs. Some policies also provide vehicle accident costs. These are especially useful when going for a driving holiday to a foreign country. Most of your regular policies for auto insurance only provide insurance within the United States and do not provide for accidents out of the US.

Baggage Loss. Costs incurred for loss of baggage and valuable is also covered by most travel insurance policies. These are especially useful when going out for a shopping holiday for antiques, valuables, jewelry or electronics.

All the above-mentioned costs are borne by the travel insurance company depending upon the travel insurance policy. Before purchasing the policy read the fine print carefully, especially the parts covering, deductibles, co-insurance, specific limits, exclusions, hotline numbers and emergency services. Purchasing a policy for a family works out cheaper. Purchasing a policy online also works out cheaper as you do not have to pay for the insurance agent.

By Oliver Turner
Published: 8/20/2006

Travel Accident Insurance Explained

Uncertainty is a part of life. What tomorrow holds in store nobody knows. However the risk of uncertainty can be reduced by insurance. This is especially true in case of travel accident insurance. Any experienced traveler can tell about the uncertainties and risks in long distance travel. Accidents, illness, injury, natural calamities, terrorist attacks, flight crashes have become part of everyday life today. What travel accident insurance can do is reduce the financial burden incase of such calamities.

When buying a travel accident insurance policy few things need to be kept in mind.

Bundled policy - Usually travel accident insurance comes bundled with family travel benefits, repatriation of mortal remains in case of death, accidental death and loss of limbs or dismemberments, medical evacuation, global medical insurance, trip cancellation/interruption insurance.

Accidents - Generally accident coverage provides for accidental death in vehicles, flight crashes, loss of organs like hands, legs or eyes etc. For these a principal sum benefit of about 25,000$ to 100,000$ is given by the travel insurance company.

Exclusion - Always read the fine print. Accidental coverage is not provided in case of drunken driving, driving under the influence of narcotic substances etc. Exclusions are also provided for accidents during risky sports like bungee jumping, car racing, scuba diving, white water rafting, flying (except as passenger in regular airliners), gliding, skiing, bike racing, diving, mountaineering, windsurfing etc. that means in case of accidents in these situations the insurance company is not liable to pay any amount to the insured.

Family Insurance - Buying insurance for a group usually a family, works out cheaper than for individuals.

Purchasing Online - Purchasing travel insurance online works out cheaper than through an agent because you do not have to pay to the agent. This usually reduces the cost of the policy between 5% to 20%.

There are other things like deductibles, co-insurance, benefit period etc which need to be studied carefully before purchasing a travel accident insurance policy.

By Oliver Turner
Published: 8/28/2006

Travel Health Insurance

Travel health insurance is a type of insurance which provides health insurance coverage during traveling, usually in a foreign country. In this the insured pays an amount called the premium to the travel insurance company for the coverage. The coverage usually provides coverage for medical costs incurred during travel and in some cases also covers medical evacuation.

Travel health insurance usually comes bundled up with trip interruption/cancellation insurance, travel accident insurance, baggage loss, emergency evacuation and medical expenses coverage. The usual premium is about 200$ annually. However the premium depends a lot on your age, cost of trip (for single trip insurance coverage), the distance of trip, the nation to which the trip is being made, any preexisting health conditions etc. Some travel health insurance plans also cover accidental deaths and flight accidental death.

The plans that cover the medical costs on your trip include medical expenses, dental expenses, cost of treatment and cost of medicines. These covers come attached with lot of conditions like if you take medicines from unconventional medical sources like acupuncturists or ayurvedic treatment, the costs will not be reimbursed.

However if you are already covered by a health insurance, it is prudent to check whether it covers outside the United States or whether it provides only for emergencies.

Medical Evacuation: travel health insurance provides for medical evacuation to nearest qualified medical health facility. Here the catch is nearest medical health facility and not to the US. So if you are traveling in an underdeveloped country, you may be forced to take medical treatment at a facility decided by the insurance company and is not decided by you. The treatment in the US is one of the best and other countries including Europe have a higher surgical mortality rate.

By Oliver Turner
Published: 9/2/2006

Travel Insurance: Better Safe Than Sorry?

Decades ago, a familiar sight in airports was a vending machine offering travel life insurance good for whatever flight you were about to board. Many people scoffed at those machines, but many actually bought the insurance, because it wasn’t too expensive and it offered a little bit of comfort to fearful travelers who thought they might not return from their flights.

Nowadays the airport life insurance machines are gone, but the risks and dangers associated with all kinds of travel have multiplied dramatically. Life insurance is no longer the main concern for travelers; the main question now is whether or not travel insurance is a good idea for keeping you alive and healthy while you’re traveling. With more people traveling, more often and in more ways, you need to evaluate whether or not you can afford to get sick or injured if your health insurance policy doesn’t cover problems encountered while you’re traveling.

If your health insurance is comprehensive and covers you no matter where you are or what you’re doing, then you’re in luck. Unfortunately that’s not the norm; many policies require you to go to specific doctors, some won’t cover you if you’re hurt while riding on public transportation, and others don’t cover you if you’re traveling outside the United States. Before deciding whether or not you need travel insurance, you need to research your health insurance plan to see what coverage you may or may not already have.

If you don’t have any health insurance at all, then travel insurance might be good for you to consider, especially if your trip will involve a great deal of physical activity or traveling in risky environments, particularly overseas. However, it’s not always a simple decision, because it does mean yet another bill to pay. And of course, it’s possible that you may be paying for something you might not ever use.

One of the main things that may help you make your decision is considering the type of travel you will be doing and where you will be going. If you’re heading to the Andes to do some backpacking and you might have to be airlifted out if you have an accident, then travel insurance might be worth considering. But if you’re going to be taking a 10-day cruise through the Bahamas on an ocean liner, the potential risk for accidents would be considerably less.

Another prime consideration is where you will be traveling. If you’re going to be traveling in the United States, be sure the plan you’re considering will let you be treated by any doctor anywhere. If you’re prone to going to the doctor for even small problems, then travel insurance isn’t your best option; consider regular health insurance instead. If you are traveling overseas, check to see what the policy covers in case of extreme emergencies, such as evacuations, acts of nature, and military conflicts.

There are many travel websites on the Internet that provide useful information about travel insurance, and many sites even compare specific plans. Many insurance companies offer a wide range of different policies, whereas a travel site may list only certain plans. Some sites offer the opportunity to purchase plans online through the site, and some have phone numbers or contact information if you have questions the site doesn’t answer.

Lastly, a good way to find out what other travelers have decided about travel insurance is to visit the forums and message boards connected to the various travel sites. These often include a specific section about insurance, so you can read about what kinds of insurance are available and learn about the experiences other people have had with particular plans and companies. You may not be able to plan ahead for every little bump in the road you might encounter while traveling, but you can plan ahead for how to handle any injuries those bumps in the road might cause you.

By Carol Johnson

Travel Insurance - Don't Go Abroad Without It

Your choice of a travel insurance policy is probably the most important decision you will make in planning your holiday. You will enjoy peace of mind on your vacation knowing that any unforeseen circumstances, such as a hospital stay due to sickness or accident will be taken care of.

In addition, while many travelers have health insurance, it sometimes does not cover them outside of their network or outside of the United States. Most medical plans will not cover medical expenses abroad, which is why travel insurance coverage is vital to avoid financial disaster. Always check the details of your insurance coverage before you travel. Additionally, with out the proper medical insurance, you will not have a say on where you will be treated if you were in an accident.

Generally, comprehensive travel insurance policy costs 5 to 7 percent of the price of your trip. Your policy may also provide reimbursement for lost luggage, some degree of medical evacuation insurance, accidental death coverage, medical expenses, personal liability, cancellation, loss of baggage and theft. Your policy should also include all the details of how to make a claim.

Not all travel insurance plans are created equal. The cost varies from company and policy to policy. Policies may be purchased for individual trips or as an annual policy for all trips taken in the year of insurance. If you purchase an annual travel insurance policy, it will cover you for one year from the start date you choose. In some cases, it might be your best option to purchase a trip cancellation waiver and a third party travel insurance policy.

Credit card companies usually provide what is called travel accident insurance, which covers accidents but not incidents of serious illness. When you travel abroad, you should always consider buying insurance that includes medical care.

If you are willing to assume a financial risk (the cost of your trip), you can probably forego insurance for your domestic travel. Since 9/11, many are looking to travel insurance to safeguard their trip against any unforeseen terrorist attacks at their destination. Traveling abroad without insurance can be risky and impose long-term financial hardships if an accident or illness occurred.

By David Chandler
Published: 2/18/2006

Travel Insurance Assures Stress-Free Trip

Imagine you're scheduled for a pampering two-week vacation in Australia for that much needed break with your family. Everything's set. You've already filed a leave of absence a few weeks back and rescheduled business meetings. The family's all psyched just with the thought of spending enjoyable time visiting koalas, kangaroos, and the famed great barrier reef. Even if the trip entails long hours on board a plane, it's all right. What's a little inconvenience compared to the comforting vacation that awaits your family, right? You and the rest of the family excitedly pack up for the trip days earlier, checking and double checking the must-brings. Everything from toothbrush to pantyhose are already stashed in the suitcases. Aside from passports, what about the most important travel essential? Well, don't ever think of leaving without securing a travel insurance! May it be for business or leisure trips, travel insurance is definitely a must. You'll never really know when travel hassles occur. As the no-brainer adage goes, "you can never tell." Securing an insurance would guarantee a genuine stress-free travel.

More likely than not, you've probably experienced the hassles of trip cancellations and delays, and medical injuries while on a trip. These mishaps not only cost a lot but also translates to headaches and other manifestations of stress. Travel insurance, just like medical insurance and other pre-need services, protect and save you from inevitable and unfortunate circumstances way ahead of time. Think of it as a soft cushion you can fall on when the airport personnel inform you of an abrupt change in flight schedule or when you suddenly incur an injury on a vacation. When incidents like these happen, you can be assured of refunds if you paid for an insurance. There's a handful of insurances for travel depending on a person's needs and preferences. You may opt for insurance for trip cancellations in case you want reimbursements and you can't make it on flight because of medical and personal reasons. This kind of insurance usually covers the client's family members as well. So, if the father cancels the trip due to heartburn, his wife and children are allowed to waive theirs, too.

Another kind of travel insurance you should consider having is the one specifically for trip interruptions. This insurance is applicable for any valid reason, which may prompt a person to prematurely end his trip. With this kind of insurance, you need not worry about the minor or major expenses you've already paid for but can no longer use. You can also avail of medical benefits like a helicopter ride to the hospital in case of emergencies. Travel insurance surely comes in handy. Yes, you have to pay for it in advance (which some people consider a hassle) but the pros of this service more than make up for the supposed inconvenience.

By Todd Lange
Published: 8/1/2006

Travel Insurance Top Tips

Whether you’re travelling for work or pleasure Travel Insurance is now more readily available than ever before.

Northern Counties Insurance Brokers (the UK based Travel Insurance provider) have come up with the following tips to make sure your trip goes as smoothly as possible:

1. Get the right cover. Getting back to the UK in an emergency can cost you thousands of pounds and without the correct cover – you will be responsible. Examples include:

• £30 - £35,000 for an air ambulance from the East Coast of the USA
• £15 - £20,000 for a scheduled flight, stretcher and doctor escort from Australia
• £1,800 - £4,000 for a scheduled flight with a doctor escort from the Mediterranean

The golden rule is – check with your insurance provider that the cover they sell is the cover you need before you travel.

2. Take your details with you. Make sure you know what to do in the event of a problem occurring. Take your policy and 24 hour emergency phone number with you. You may also want to leave copies of these with a friend/family member or even send yourself an email containing important information like your:

• Driving license and passport number
• Credit card company phone numbers
• Airlines number
• Travel insurance policy number and phone number

In the event of your documents being lost or stolen you can therefore either call the person with copies or log into your email account if you can access it remotely.

3. Keep as much paperwork as possible. If a problem does arise paperwork such as tickets, receipts, medical bills, police reports etc should be kept to prove what you’re claiming for happened.

4. Enjoy your trip.

For further information on Travel Insurance and Northern Counties new online Travel Insurance facility which allows you to quote and buy online for as little as £7 visit Northern Counties Insurance Brokers website.

By Mark Burdett
Published: 10/29/2006

5 Easy Steps To Lower Your Auto Insurance Quote

It was not too long ago when contracts were made on a handshake and a promise. Individuals were not particularly concerned with things like insurance because they relied upon the goodwill of their neighbor to compensate them for wrongful damage. For a variety of reasons, including an increase in the speed and cost of auto wrecks, auto insurance soon became an important purchase for responsible individuals. Not long after, the federal government mandated that auto insurance be carried, at least minimally, by all car owners. The increase in the need for auto insurance over the last 10 years has led to increases in the complexity of insurance, while at the same time, amplifying the need to be more cost conscious in auto insurance purchases.

Buying auto insurance today requires as much dexterity as buying the automobile itself. It is important to know the factors that an auto insurance company considers when offering quotes. This will allow you, as the consumer, to know what steps you need to take in order to qualify for a lower quote. The five easy steps to a lower insurance quote are:

1. Portray yourself as a 'safe' candidate: Insurance companies are interested in managing risk. Consequently they offer drivers who are less likely to get into wrecks or at a minimum into wrecks of less severity, a lower insurance quote.

-Maintain a clean driving record, free of traffic violations or accident claims.

-Install anti-theft devices in your vehicle.

-Attend a Drivers Safety Training program.

-Buy a 'safe' vehicle. The National Highway Traffic Safety Administration (NHTSA) and The Insurance Institute for Highway Safety together collect information on safety related aspects of different vehicles. Buy an automobile that is officially designated as 'safe'.

-Park your vehicle in a garage.

2. Show your Credit worthiness: As a risk management entity, insurance companies are also worried about getting paid on time. If you can show yourself to be credit worthy, there is less risk of you not making your payments on time, thus warranting a lower rate.

-Maintain a good credit score and clear up any errors on your credit.

-Cut down on the total number of outstanding credit cards to 2 or 3.

3. Practice Financial Wisdom: The way in which you structure and pay for your policy can lower the risk that an insurance company faces with respect to you as a customer. By taking steps to lower their risk, you receive a lower insurance quote and policy.

-Buy an annual policy instead of a six monthly coverage to get you a lower rate that remains the same for a year.

-Opt for automatic payment deductions from your bank account or your credit card to avoid getting charged for mail payments.

-Increase your deductibles on comprehensive and collision policies to reduce on the rates.

-Get loyalty discounts by buying your home and auto insurance from the same company.

4. Assess your Insurance Needs accurately: This is obvious, the more coverage you get the more it will cost you. Add-ons are killers in the insurance business, strip your policy down to just the minimum of what you need.

-If your vehicle is not used much or you have an old car with little market value, opt for minimum liability alone. It will cost you less.

-After fulfilling the legal mandate on auto insurance, insure according to your needs alone.

5. Other wise things that you can do: There are a number of other considerations that go into your insurance quote. Some of them are not reasonable steps to take, while others you can do with little effort which can translate into substantial savings.

-If your car is used only for a particular purpose, make your agent aware of it, as this will limit the cost.

-Students that make good grades are often eligible for a discount.

-Give up smoking; it can help you get better quotes.

-Change your occupation if you can help. A delivery boy carries a higher risk than a storekeeper.

Auto insurance explained

Automobiles particularly cars are quite expensive nowadays. For many people it takes several years of hard work and lot of savings to purchase a car. So it becomes essential to secure a vehicle by the means of insurance. Automobile insurance is the best way to protect you the automobile and the huge amount invested in it.

Auto insurance is basically an agreement between an insurance company and a vehicle owner. The latter is required to pay premium at a certain fixed tenure while the former agrees to pay for any damage or loss of the vehicle. In many countries it is mandatory to have an auto insurance policy. For this policy does not just provide monetary assistance to a vehicle owner, it is also of great help while tracing a vehicle in case of theft and the like.

Once you make up your mind regarding which car (any other vehicle) to purchase, the foremost thing you ought to do is to decide the amount of liability coverage that you require. For help and further information in this area you can consult your local Department of Motor Vehicles. After you make up your mind about the liability sum, think about the type of insurance you want. There are different types of auto insurances policies available that vary according to their coverage. For instance the comprehensive auto insurance covers all cases of accident and theft of your vehicle. Whereas the Third Party, Fire and Theft insurance covers only those situations of accident when the policyholder collides his vehicle with someone else's one. The company will not reimburse in case any other automobile hits the insured one. It is at your discretion as to which policy to adopt. The expense of the policy most often varies with its coverage. So the more a policy covers, the higher is its cost.

Thirdly look for the insurance company from where you desire to purchase your desired policy. For this purpose you can check out the sites of various insurance agencies, can acquire online quotes that are totally free of cost, make a survey in your social circle and so forth. However you should know that in order to determine the contemporary rates, companies take the help of statistical history. These rates depend on the money the required to pay on all claims and company business expenses. The rates of auto insurance policy are also related to the insurance company you choose. This is because each company offers different claim experiences with the number of people they insure. Moreover the cost of doing business i.e. the amount of money to be paid to sell and service their policies and the financial targets to achieve are different for different companies. The companies thus charge accordingly.

Along with these there are several other factors that directly affect your auto insurance rates. These are age, make and model of your vehicle, purpose served by the it, driving record, the manner in which you maintain your car and your credit ratings.

By Mansi Gupta

Different types of auto insurance

Nowadays auto insurance is the ideal way to ensure a good life for yourself and your expensive vehicle. Auto insurance keeps safe your huge amount of money spent on your automobile. But on the same hand, auto insurance is also quite expensive. However there are different types of auto insurance policies available today. It is at an individual's discretion which policy he can afford to adopt.

1. Fully Comprehensive Auto Insurance Policy Types- though this policy is the most expensive one yet it is the most widely adopted type of auto insurance. This is so because the insurance provides compensation or covers all sorts of cases such as theft, accident, wear and tear etc. If unfortunately an accident occurs where you were not at fault while the other driver who did the accident does not disclose his and his insurance details; you ought not to worry. For being a policyholder of the fully comprehensive program, you can register an insurance claim against your insurance company. But while taking this policy one essential thing should be borne in mind. There are a few auto insurance companies that do not insure your vehicle 100% of its value but of 80% or so. Even though many companies defend their policy as a measure to prevent themselves from fraud cases etc. yet try your bets to find the agency that insures your vehicle 100%.

2. Third Party, Fire and Theft- this type of insurance is basically meant for those car owners who have had finished their car loans but still admire, cherish their car and have great sentiments attached to it. This policy is somewhat akin to the fully comprehensive one but not identical to it. For like the latter the former covers cases of theft, accident, fire etc. but in case of an accident you can receive compensation only when you were at fault and had hit another car. So if any other car hits yours or you by mistake bang t in the garage, the insurance company will not come to your financial aid.

3. Third Party Insurance- it is the insurance that is the cheapest of all and covers only cases of accident where you were at fault and hit a third party. The insurance company is not to be contacted in case of any other mishappening with your vehicle. This insurance policy is generally preferred by those who own an old and less pricey car or any other vehicle.

4. Specialized Car Insurance- is basically for cars categorized as classic, those that are 25 years old. These cars are insured as classic and so accordingly they have their requirements and services. The classic car insurane policy can be said to be as good as the comprehensive one but the only drawback associated with it is that it limits the policy taker to a limited number of road miles he can drive in any given year.

Ultimately it is at the discretion of every individual which policy he desires to take. It is advisable to sort out one's requirements and budget and also make a survey of the auto insurance policies in the market before actually grabbing a policy.

By Mansi Gupta

How can I get a lower boat insurance rate?

Many people believe that it is best to stick with one insurance company for all of your insurance needs. This can be true in certain instances but not always, which can be especially true for boat insurance.

To get the best rates you will need to do some research and maybe a few other things as well. Knowing the most about insurance and what factors are used to determine an insurance rate is the best way to get the lowest rates possible. There are predatory insurance agents in this world that thrive on ignorance to get people to accept policies that are too inclusive for their needs thereby increasing their commission. This is not an accepted practice by insurance companies but it does happen. Only through education will you be truly protected from such happenings.

First off you should think about taking a boater safety course. Insurance companies will offer discounts to those who complete these courses. This works to protect you and the insurance company. The insurance company knows that people who complete such courses become safer operators of boats thereby decreasing the risk of accident due to the operator's error and causing loss for the insurance company. Even if they did not offer a discount a boating safety course is still a good idea especially for the new and inexperienced boater. You never know when something might occur that may require quick thinking.

Secondly you should contact your current insurance company that covers your home and car. Most times these companies will offer deep discounts when insuring other items such as boats. Call or go online and get a quote but do not accept any policy just yet. There is still much to do.

Use the quote you received from your normal insurance company as the base rate then start calling other companies. Tell them up front exactly what your needs are and get the rock bottom quote from them. Continue to do this until you have exhausted all possibilities. Then sit down and compare all of the quotes. It is not necessarily true that the lowest quote will be the best. Some companies offer extremely low rates but coupled with low coverage amounts and services. This may cost you in the long run especially if you need to file a claim and find out that the problem is not covered.

Do not be afraid to ask for a quote that covers all of your insurance needs and not just your boat. You may find that you will save lots and lots of money if you offer to bring all of your business to the company instead of just one thing.

If you are pressed for time you can always go through a multiple covering insurance agency. They will be able to get quotes from several different companies a lot faster than you can. Be sure that the agent is someone that you know you can trust. If not there is the possibility that you will not get the information that you need and only the highest quotes will be given to you in hopes of boosting a commission.

What Is The Best Boat Insurance Company?

There is no right answer when someone asks which boat insurance company is the best. There are so many choices available that it is hard to determine the very best. It really all depends on what the specific needs of the person wanting to insure the boat are.

Facing the facts, there are pros and cons about every insurance company that you will deal with. After all, insurance companies are in business to make money, not to pay it out. This means that they will do anything in their power to not have to pay for claims, as this is the way they make money. If they do happen to pay for a claim then they will raise the rates on your insurance to help cover the loss or they will simply cancel the policy, whichever best suits their needs. For an insurance company to cancel a policy they have most likely determined that the policy is too much of a risk to continue to prevent any further claims. Having a policy cancelled can make it difficult to get insurance elsewhere.

BoatU.S. has been insuring boats, and only boats, since they opened in the late 1960's. They are said to offer some of the lowest rates and best coverage depending on the craft covered. Their web site offers free instant quotes.

National Marine Underwriters is another strictly boat insurance company. They offer insurance in the 48 contiguous states with some limited territory extensions from time to time. In business since 1983, they offer lower rates and comprehensive coverage for all risk factors.

Progressive Boat, a division of Progressive Auto is one of the cheaper boat insurance companies but they are said to not offer nearly as many services and less comprehensive coverage. They do offer free online instant quotes and their staff is said to be one of the most knowledgeable and friendly groups in the business.

American Boating Association is also an option in the boat insurance world. They offer competitive rates that are comparable to Progressive Boat but they are a little shy in the services area. Free instant online quotes are available. Quotes are also available by telephone but it you should expect a long wait on the line. Their staff is professional and friendly.

To determine the best boat insurance for you then go to a site that offers multiple quotes from several different insurance companies. This will provide you with the best basic information about several companies at the same time which will save you time versus calling all the individual insurance companies.

Many sites offer guaranteed rates if you accept one of the quotes they provide but this is not a widely accepted practice. Keep in mind that insurance companies are not necessarily bound to a quote they provide. Insurance companies will want to verify all information provided to them before making a policy available for purchase. This is required to protect against insurance fraud, which is quite commonplace in this world sadly enough.

By Mansi gupta

House boat insurance basics

Purchasing a houseboat is guaranteed to give you years of unlimited pleasure. Provided, however that you've insured your houseboat properly. Otherwise, you could lose your life's savings and in the worse case scenario, and be forced to file for bankruptcy.

In the marine insurance industry, houseboats are categorized together with jet boats, ski boats, sailboats, cabin cruisers and party boats as a pleasure boat. For this reason, this kind of coverage is not generally handled by regular insurance companies. You should carefully shop for underwriters who specifically handle these policies.

The first houseboat insurance tenet you must follow is to find a reliable insurer who'll service your needs. Conduct the search both ways.

· Word of mouth
Ask boating friends for insurance recommendations.

· Conduct research on the recommended insurance carriers, the company in-charge of providing you coverage.

The following facts (as provided by the Insurance Information Institute) about your houseboat, such as horsepower, size and age of your boat, the type of craft and where it is used (i.e. moored in a river or hurricane prone area), determines coverage and premium you will pay for your houseboat.

Once that's done, you can now carefully consider which of these policy clauses can help maximize your coverage and accurately answer your particular needs.

Hull and Machinery Clause

Because your houseboat is placed in the same pleasure boat category as a cabin cruiser, certain rates, coverage, restrictions, and terms will be similar.

Still, there are differences. The function of a houseboat is different from a cabin cruiser. The construction of a houseboat reflects this. They are normally flat-bottomed and designed to navigate slowly through the waters.

Many houseboats are bulkier, since they come equipped with bigger sleeping & living areas, full galley, and enclosed head. A race boat or cabin cruiser is smaller, more seaworthy, and easy to maneuver and built for speed.

Liability and Medical Payments to Others

Pays for bodily injury or property damage you are liable for.

Physical Damage Coverage

Pays for the damage your boat, motor, and trailer sustain.

Uninsured Watercraft Coverage

Pays for personal injury damages you are entitled to recover from the owner or operator who have not insured their vessel.

Medical Payments For The Insured

Covers you and your family's medical fees, if you sustain accidental boating injuries.

Towing and Assistance

This coverage pays for the expenses you incur when you request a towing service to deliver the fuels and replacements parts, or fix your engine.

Additional Living Expense

you're reimbursed for expenses incurred by living in a hotel, because your boat had to be repaired.

Be a responsible houseboat owner. Customize your houseboat insurance to safeguard your personal well-being, finances, and protect your investment.

By Mansi Gupta

What Kind Of Boat Insurance Coverage Do I Need?

Deciding what kind of boat insurance coverage you need depends on many variables. To start off, the type of insurance you need depends on what kind of boat you have. Being familiar with boats you would need to look at the different variations between the various types of boats that are in the world.

For instance, a speedboat capable of high speeds requires a much different type of insurance than a small fishing vessel would because of the potential liability for the insurance company that comes with a speedboat compared to a fishing boat.

Another consideration is the value of the boat. Insurance rates covering a highly expensive craft are going to be higher because the amount that could be lost is much higher. If instead you are watering a small, low cost boat and you want coverage against damage to other boats that you may come in contact with, then the rates would be much lower,

There are many similarities between boat and car insurance. Risk assessment for an insurance company is based on many factors with car insurance just the same with boat insurance. Before an insurance company will offer any kind of coverage for a water craft they will make sure to determine all the possible ways that the coverage could cost them money. To do this they will take the age of the boat, the record of the owner and primary driver, the value of the boat and the area where the boat will he housed for at least six months out of a year.

Just like automobile insurance, there are two distinct types of boat insurance. Full coverage insurance is just like it sounds, it covers pretty much everything including loss due to theft, fire, accident, and many other types as well. There are several clauses involved in full coverage insurance that work to limit the liability that the insurance company will need to cover that these are par for the course with an insurance company. Full coverage insurance is normally mandatory when you finance a boat or a car for that matter. This is in place to protect the bank against loss should anything happen to the boat before it is paid for. Full coverage insurance is the most expensive of all insurance plans as the risk to the insurance company is the greatest with this type of policy.

When financial loss will not be great and a budget is stretched a little thin then you may want to consider liability only insurance. Under a liability only policy, the insurance company is responsible to pay for only damage to other persons or property and the owner of the boat receives nothing. This is the basic insurance required by law for cars and in some areas it is required for boats as well depending on the size and usage of the craft. This type of insurance does not protect against loss of any type and will pay only a specified amount for injured persons in the case of an accident.

You should check your local laws requiring insurance on watercraft to be sure that you are staying within the parameters.

By Mansi gupta

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