Protect Your Property With Insurance

You likely worked hard to pay for your personal property and you want to protect it in any way you can. Property insurance provides the protection you need against possible risks to your personal property. It can protect you from risks such as theft, weather, fire, and many others. Most property insurance plans will limit the coverage only to risks that are outlined in the policy. This basic coverage protects you from common risks to your property which in most cases is sufficient. If you feel you need to expand your coverage, you have the option of purchasing additional insurance called add-ons that you can add to your existing policy.
Your home is exposed to so many different elements of weather. Severe weather can impose quite a punishment on your house. With home owner's insurance you will be protected should your home be damaged by severe weather. It can also cover you from unnatural disasters such as fire or theft. Even further, most home insurance plans also cover you for liability risks that may occur to someone while on your property. Liability coverage is designed more to protect you than your property but is a great thing to have should an accident occur to someone while on your personal property.
The type of property insurance that people are most familiar with is auto insurance. This is likely due to the numerous laws imposed by many states that people have sufficient auto insurance coverage. You are not limited to only getting insurance for your car. There are property insurance plans that can cover other types of transportation that you may own such as aircraft insurance, boating insurance, RV insurance, motorcycle insurance, and quite a few others. Purchasing this type of property insurance in most cases will not only cover your property but also give you liability coverage.
A common misconception among people who rent houses or apartments is that the landlord's property insurance will cover the renter's property that is in the house or apartment should disaster strike. This unfortunately is not true. This is why it is suggested that renters take out a renter's insurance policy. Renter's insurance policies protect your personal property that is inside a rented space. Just like with other personal insurance policies, it can protect you from risks such as theft or fire that even renters can be exposed to. You can purchase varying amounts of renter's insurance to cover the overall costs of replacing that property should something happen.
Being faced with a natural disaster or other possible risk is no laughing matter. People who do not carry any type of personal property insurance will suffer a great loss should an accident or natural disaster occurs. Many people tend to scoff at purchasing insurance because it is viewed as an additional expense that is not worth. They unfortunately have it all wrong and can suffer grave consequences if they were to be faced with a situation where their property is lost or damaged.

Find the most competitive online insurance quotes at http://www.youronlineinsuranceagent.com

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Deciding Whether You Need Camera Insurance

When searching for camera insurance, all of the different info on the internet can make it a bit confusing. If you are not already a guru, then the descriptions used can seem like some extinct Chinese language. This is the exact reason why I started my camera insurance blog, so that you can find the correct info on camera insurance. Inside you can find information on existing coverage you may have, and what your options are for additional insurance as well.
Homeowners Insurance
With your typical homeowners and renters insurance policies, camera equipment can be covered to an extent (stated in the policy). Usually a HO policy will coverage damage to your personal property which experiences the damage in a covered loss. This applies to both on and off-premises losses. Be advised however that the coverage can be limited based on whether the loss occurs on or off the property. A break down can be found below:
Amount of Home overage - Ex. $100,000
% of Personal Property Coverage (on premises)- Ex. 50%
% of Personal Property Coverage (off premises)- Ex. 5%
Using this guide, we see that a covered loss to your camera while on your property would provide coverage in the amount of 50% of the total home's coverage. If the loss occurs somewhere other than the insured premises, then the coverage would only be 5% of the total home coverage. So be weary of your limits when traveling off your property with your camera.
Limitations for Business Use
If you are using your camera and equipment mainly for business or commercial uses, than your homeowner's coverage may not be enough. The reason is most insurance policies carry a provision which limits coverage for business property. Typically this limitation is $2500 for on premises losses and $250 for off premises losses. With this being said, it is always smart to look into the options for commercial insurance when using your camera for business purposes. See below.
Commerical Coverage
If you do your camera for business usage, then a commercial policy is probably the route you want to take. With this being said, most people obtain a business property policy which covers the property used in connection with your business. Typically I see those persons who use their cameras for wedding photography or freelance work purchasing this type of coverage. Be weary of whether your insurance policy provides coverage on a named or open peril basis as this will determine which losses are covered. Speak with your agent or read your policy to learn more.

If you are interested in finding more information on Camera Insurance visit my site at mycamerainsurance.com for a full guide to your camera insurance needs.

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