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Home Insurance
Different types of Property Insurance
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[QUOTE="Nite, post: 153949, member: 28512"] Different types of property insurance offers protection against property losses, and legal liability against damage to person or property of others. [B]HOME INSURANCE[/B] also known as homeowner’s insurance, covers damages to household property, building, burglary, theft, fire or flood disaster. It's probably the most widely purchased property insurance with the most claims. [B]AUTO INSURANCE[/B] commonly covers medical expenses resulting from bodily injury from accident, damage to car and liability for property damage, and personal injury to others. Amount of premiums depend on several factors, including value of the car and driving record. [B]MARINE INSURANCE[/B] covers damages to ships, cargo, terminals, and any goods dispatched from one country to another. Marine insurance provides a haven for shipping companies and couriers by giving them protection against transport related losses. [B]AGRICULTURE INSURANCE[/B] is there to protect against the loss of crops due to natural forces like, drought, flood or hail, and also the loss of revenue due to price declines of agricultural commodities. [/QUOTE]
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