Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident.
Commercial insurance is insurance for a business. In fact, it is one of the most important investments a business owner can make. Commercial insurance can be instrumental in protecting a business from potential loss caused by unforeseen and unfortunate circumstances.
Home insurance, also commonly called hazard insurance or homeowners insurance, is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.
ORV insurance (also known as snowmobile insurance and ATV insurance) is insurance purchased for snowmobiles and All Terrain Vehicles. Its primary use is to provide protection against losses incurred as a result of Off Road Vehicle accidents and against liability that could be incurred in an accident.
A form of insurance on the life of a person. If the person dies then the insurance policy pays out a sum of money to the policyholder (such as a person's family).
A farm insurance policy can provide coverage for dwellings and personal property, farm buildings, produce, livestock, machinery and equipment, and liability. Boats and recreational vehicles are likely to require special coverage. Coverage for motor vehicles that are required to be registered is provided under an Automobile Insurance policy.
A surety bond is a promise to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.
Horse insurance is intended to provide coverage to protect the owner against the possibility of losing the horse to a long list of causes. It essentially provides an economical way for individuals to protect the investment made in the animal itself, which can be substantial.
Travel Insurance is insurance that is intended to cover medical expenses and financial (such as money invested in nonrefundable pre-payments) and other losses incurred while traveling, either within one's own country, or internationally.
Tenants insurance will cover your personal belongings. Your art work, furniture, jewellery, electronics and other items would not be covered under your landlords insurance.
Your condominium corporation's policy only covers items that are part of the building. You need your own insurance to protect the upgrades you have made inside your unit, such as better carpets and built-in cupboards.
If you own a cottage or seasonal home that you only use for one or two seasons a year, or a trailer that is permanently parked and used as a dwelling, you can protect it by extending some of the coverage from your main residence.
Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.