Types Of Personal Insurance Coverage That Could Come In Handy

Insurance policies are very popular among Americans. Although most people only have car insurance, some people cover virtually everything they own, effectively protecting them from anything bad happening. Even though you might only be able to think of a few major types of personal insurance, there are far, far more types of coverage than you could imagine. Here are just a few of some of the most common types of personal insurance coverage.

Renter’s Insurance

If you rent a room, an apartment, or a house, you could unarguably benefit from purchasing renter’s insurance. In the event of a natural disaster, theft, or vandalism, your renter’s insurance coverage provider will pay you the total value of the items that the policy covered. With that money, you can effectively replace everything that was taken by others, destroyed by others, or claimed by mother nature. This type of coverage will also pay for hotel rooms if you can’t stay in your residence anymore due to it being destroyed.

Smartphone Insurance

Although you can’t purchase such coverage from traditional insurance companies, you can purchase smartphone insurance from your mobile phone carrier. Many smartphone insurance coverage policies don’t cost more than ten dollars per month, keeping costs reasonable but also providing you with a back-up smartphone in case yours breaks.

Critical Illness Insurance

This isn’t a fun type of insurance coverage to think about, though it can change your life for the better when everything else seems to be going wrong. If you are diagnosed with a life-changing or terminal disease such as being infected with the human immunodeficiency virus, having one or both kidneys fail, or experiencing a heart attack, you are eligible to receive a large, lump-sum cash payment. This money can be used to keep you afloat since you might have to quit work or school due to such illnesses, ailments, and diseases. If you want an insurance policy to protect yourself or your belongings, work with us to get insurance quotes lodi ca that are lower than the rest of the competition out there.

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