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  1. 8 Different Types Of Insurance Policies And Coverage You Need

    • Auto, home, and renters insurance come with liability coverage that protects you and your family’s assets from lawsuits brought against you. But every policy has liability limits. If you have substantial assets, yo… See more

    Auto Insurance

    Driving without auto insurance is against the law in almost every state. Not only is it illegal to drive without coverage, but it could significantly cost you if you get in an accident, e… See more

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    Home Insurance

    Unlike auto insurance, no state law stipulates that you must have homeowners coverage. However, if you financed your home, your lender will usually require coverage t… See more

    Forbes
    Renters Insurance

    If you don’t own a home, that doesn’t mean you don’t need insurance. Renters insurance helps you replace your belongings such as electronics, furniture, and clothin… See more

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  2. The classification of insurance policies includes12:
    1. Life Insurance
    2. Health Insurance
    3. Fire Insurance
    4. Marine Insurance
    5. Vehicle Insurance
    6. General Insurance (for non-life assets)
    Learn more:

    The five major types of insurance are:

    • Life Insurance
    • Health Insurance
    • Fire Insurance
    • Marine Insurance
    • Vehicle Insurance
    byjus.com/commerce/types-of-insurance/
    While there is a wide range of Insurance types available in the market, all of them can be broadly classified into two main categories: 1. General Insurance 2. Life Insurance While Life Insurance provides you with financial coverage against your life, a General Insurance policy indemnifies you against any losses for your non-life assets.
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    WEBNov 14, 2023 · There are nine main types of home insurance policies, each with an associated label ranging from HO-1 to HO-14. They’re designed for different home types and coverage needs.

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