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Posted by: Quincy on 2010-02-28, 17:26:20
Ok, here ya go... Collision-insurance protects drivers in the case of encounters with other vehicles, objects, people, and the surface of the road. Collision insurance will cover the driver whether or not he or she is at fault for the accident. fire-provides protection in the event that fire damages the property and belongings as most standard homeowners policy cover these damages. This coverage is required by all mortgage companies that lend money to homebuyers. theft-Theft coverage applies to the loss of the vehicles as well as parts of the car such as air bags. vandalism-Coverage usually written as an endorsement to property policies such as the Standard Fire Policy. A loss must be by the intentional acts of vandals. This peril is of particular importance to owners of structures that are not occupied during particular periods during the day, such as schools and churches. Vandalism is usually covered by fire insurance. Theft is usually covered by Comprehensive Coverage. Collision is separate coverage. |
