If you have tangible assets, you need the protection of a home owners insurance policy. These policies cover you in a home or an apartment, whether you are an owner or a renter. A well-written home owners policy will pay to replace any of your personal property that is destroyed in a fire or other disaster.
The policy will also be your first line of defense against a lawsuit from someone injured at your home.
The cost of this coverage is determined by many rating factors.
The quality of the coverage, however, is determined by the quality of the insurer and whether the policy is written on a named perils or all-risk basis.
A named-perils policy covers only those losses specifically cited in the contract. The all-risk policy works the opposite way — unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier, not you, in the event of a loss.
Commercial business insurance is an important aspect of any business that cannot be ignored especially if the business premises are leased or rented and even otherwise. Whatever your commercial insurance needs, we can design a protection program that’s right for you.
New era insurance Agency provides the following types of business insurance protection: