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With so many different types of car insurance coverage options to choose from it pays to compare insurance policies from different providers to ensure that the same coverage types available in the same state aren’t costing anymore than it possibly should. Health insurance is easily one of the most important types of insurance to have. Learn about the many different coverage types available to help meet your needs, then contact an agent to get a personalized insurance proposal.. Health insurance An HO-5 policy might be the best homeowner’s insurance for: Someone who prizes their peace of mind and is willing to pay for comprehensive coverage. A property owner undertaking a construction project could seek to insure a number of things related to the project—for example, the building, materials in transit, etc. In addition to the home coverage types described above, insurers may use trademarked product names to describe home insurance packages. The New Year is a great time to review your insurance coverage, but anytime you make a major change in ownership or operations, you need to review your coverage with an insurance professional. Be sure your homeowners policy includes extended dwelling coverage. Some types of home insurance policies will name the perils specifically, and others will exclude them. Types of Equine Insurance Coverage. Home / Types of Equine Insurance Coverage. Request a quote. Types of Project Specific Insurance Policies There are two main types of project-specific insurance policies: (1) Builders Risk, (2) Wrap-Up Coverage. They include liability, collision, and comprehensive. Liability insurance covers you in the event you are in a covered car accident and it is determined the accident is a result of your actions. A peril is the particular event that causes the damage or destruction of the home. Not to be confused with restaurant insurance, food truck insurance – or, for the gourmands, "food service vehicle insurance" – protects against liabilities like foodborne illness, personal injury or other damages. Trade coverage covers the insurance needs of the various type of cargoes of general nature. Types of Life Insurance Policies. Liability Car Insurance. The right type of business insurance can be as important as having business insurance coverage at all. If you cause an accident, this two-part coverage — including bodily injury liability and property damage liability — will pay for the other party’s medical bills and vehicle repairs. Extended dwelling coverage adds an extra layer of protection above your policy limits. General Liability Coverage. It will not protect you or your passengers if you are injured or your vehicle is damaged as a result of the wreck. Learn about the various types of travel insurance plans available for travelers. Liability Coverage: When you are involved in the accident and when it is concluded that that accident took place before of your fault/negligence, the liability coverage will come to your rescue. Learn more about the different types of insurance that companies can choose … The insurance is not only a protection but is a sort of investment because a certain sum is returnable to the insured at the death or the expiry of a period. An auto insurance policy is typically made up of different types of coverage that kick in for different types of claims. So what are the six basic types of automobile insurance coverage? Elite Beauty Society professional liability coverage provides up to $2 million in claim costs and legal defense fees, when necessary. In addition to these basic types of business insurance, there are some other types of business insurance you may need. 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