New Mexico business liability policy

A Personal Insurance Portfolio Needs These Insurance Products

You understand that everyday life is full of risks. A single accident or loss can throw your whole life apart. With the right insurance, you have one less thing to worry about. Insurance for New England residents should consist of at least these three insurance types.

1. Homeowner’s or Renter’s Insurance

Natural disasters, theft and vandalism do happen, and people can get injured on your property. A good homeowner’s insurance provides coverage for your home and belongings and liability coverage for you. As a renter, you still need insurance for your personal belongings in the form of renter’s insurance as your landlord’s insurance policies don’t cover those.

2. Auto Insurance

Everyone who owns a vehicle needs auto insurance that offers liability and personal injury protection. This is the bare minimum, but depending on your situation or the vehicle you own, it can make sense to add comprehensive and collision coverage since you could get involved in an accident.

3. Disability Insurance

Just think, what would you do without income? This is something that can happen to anyone. All it takes is an accident or an illness that would prevent you from making money. With disability insurance, you can at least pay your bills and provide for your family.

Insurance for New England residents should at least consist of these three insurance products. Additionally, for the sake of your family, consider getting a form of life insurance so they are covered should something happen to you.