Home and auto insurance are always the main topics and focus when most people are looking at insurance options. There is a long list of specialized and important policies that can very often be overlooked. Here are a few of them in more detail.
Boat Insurance
Boats are a significant investment and should be protected with a specialized boat insurance policy. It covers damages to the boat, as well as liability in case of an accident. This coverage can include protection for the boat, motor, and equipment, as well as liability for injuries or damages caused by the boat.
Golf Cart Insurance
Golf cart insurance provides coverage for damages to a golf cart, as well as liability in case of an accident. Some policies may also provide additional coverage options such as medical payments, road service, and coverage for accessories and custom parts.
Art Insurance
Artwork, sculptures, and other collectibles are also a significant investment and should be protected with a specialized art insurance policy. This coverage can include protection for loss or damage due to fire, theft, or natural disasters, as well as protection while the art is in transit or on display.
Collector Car Insurance
Classic, antique, or collector cars should be protected with a specialized collector car insurance policy. This coverage can include protection for loss or damage due to fire, theft, or natural disasters, as well as protection while the car is in transit or on display.
Personal Umbrella Insurance
A personal umbrella insurance policy provides additional liability coverage beyond the limits of your standard home and auto insurance policies. This type of policy is designed to protect your assets and financial well-being in case of a lawsuit resulting from a serious accident or incident.
Personal Property Insurance
Personal property insurance covers items such as jewelry, watches, furs, silverware, and other valuables not typically covered by standard home insurance policies. Some policies may also cover loss or damage while items are in transit or on display.
When buying big-ticket items like boats, art, or collectibles, it's important to consider all lines of insurance that may be necessary to protect your investment. Contact Hickory Cove Insurance Group to learn which specialized policies are right for your situation.