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Renters need rental insurance (the landlord does not insure renters' personal property such as furniture). Homeowners need property insurance. Some homeowners also take out life insurance in an amount sufficient to pay the mortgage in the event of the death(s) of the wage earner(s). Everyone who isn't eligible for Medicaid/CHIP needs health insurance, at least catastrophic coverage. Fortunately, health insurance reform will make this possible in the next few years.
Each wage-earning parent needs enough life insurance to ensure that their child[ren] will be taken care of, including college if that's a possibility.
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∙ 14y ago
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What is the benefit of household insurance compared to other types of insurance?
Household insurance is a blanket term that includes many other forms of insurance. These include homeowner's insurance, dwelling insurance, property insurance, and property liability. These are all important types of insurance to have and household insurance packages bundle them to make things easier on the consumer.
Why is it important to have insurance?
Insurance is important because it is designed to pay various types of claims depending on the type of policy that applies. Important types of insurance typically include policies that are purchased for an automobile, a home and those provided by an employer, such as a group health insurance policy.
What types of insurance do Just Insurance offer?
Just Insurance offers auto and household insurance. They also provide other options like motorcycle, RV, identity theft, and renters insurance,boat, home business insurance etc.
What is household content insurance for?
Household content insurance is insurance that pays for damages to items that are located in the home. For example, a television that get broken in the home may get covered by household content insurance and the owner will get reimbursed.
What is a company which offers cheap household insurance?
A company that offers cheap household insurance is a company that provides insurance for more household items than the average insurance company at a lower rate. An example of such a company is GEICO.
Where can one go to compare household insurance?
One can go to compare household insurance at a State Farm website on the Internet. At State Farm, they give you many options to compare household insurance.
What are some good household life insurance companies?
One good household life insurance company is HSBC. One can also find comprehensive language regarding household life insurance on the Insure and QuickQuote websites.
What are some of the types of insurance available from Barclays Insurance?
A number of insurance are available from Barclays Insurance. This includes: 5 types of home insurance, 3 types of travel insurance, car insurance, student possessions insurance, 3 types of student travel insurance, 3 types of life insurance and 2 types of health insurance.
Do you carry household insurance either for fire or flood?
Yes. I have household insurance and it covered us when we had a fire followed by a flood all on the same day. It was terrible i was lucky we had insurance.
Can each person in a household have there own car Insurance?
In a household each person can have there own car insurance. You could also have a family plan.
How much household insurance should you buy?
In order to determine how much household insurance you need, you first need to determine the value of your home, and the personal belongings you have in it. You can get an insurance agent to help you with it.
What companies offer household insurance?
Among the companies that offer household insurance, the companies that received the best results are Liberty Mutual, Amica and Proggressive. Before choosing the company with the best household insurance program, it is necessary to check the available online catalogs.
