What Is Personal Insurance?
An umbrella term used to cover individuals against any damage or loss of money is referred to as Personal Insurance. Whether it is to protect your assets - cars, motorcycles, boats - your properties - house, condo, farm, ranch - or your own self - life, health - you can make use of Personal Insurance coverage in several ways.
What Does Personal Insurance cover?
There are several facets to Personal Insurance. Depending upon the coverages you require, your Personal Insurance can cover a variety of things. Generally, Personal Insurance covers the following:
Homeowner’s Insurance
Most of the instances covered under Homeowner’s Insurance do not usually go to the court. However, since they are liability claims, you are expected to pay for the damages. For instance, if your dog bites the mail delivery man or the delivery man slips in your driveway. This will also cover any internal damage done to your house without your involvement in it.
Auto Insurance
This insurance covers any damage done or caused unintentionally by your vehicle (cars, motorcycles, boats, yachts, and more). If you are the cause for a multi-car collision on the highway, your Auto Insurance will take care of the liabilities.
Health Insurance
A Health Insurance will secure you when you or your covered family members fall ill or are in need of immediate medical attention. While most common ailments are covered under this insurance, your insurance agent will be able to give you a complete list of everything included.
Renter’s Insurance
You don’t need to necessarily own a house to protect your belongings (furniture, kitchen appliances, electronics, and more). Renter’s Insurance protects tenants from any damage caused to the house and helps them pay for any liability claims that they might be involved in. Plus, any accidental damage caused to the rental property can also be covered under this insurance.
Pet Insurance
Pet Insurance isn’t necessarily included in all Personal Insurance coverages since not everyone has a pet. However, if you do have one, you can get this covered under your Personal Insurance package. Accidents and injuries (broken bones, cuts, wounds, or swallowed objects), preventive care (vaccine, spaying processes), and advanced care (congenital, behavioral, severe ailments) are covered under pet insurance.
Is Personal Insurance required in Texas?
Personal Insurance is not compulsory by law in Texas. However, you never know when a liability may arise due to any unforeseen accidents or damages. In cases like these, you might often need to shell out a lot of money to take care of the liability. Whether it’s your car, your health, or your house, it is a smart idea to get yourself covered by Personal Insurance and avoid any heavy losses.
Secure yourself today!
Life is unpredictable, and you never know what’s waiting for you at the next turn. At Thumann Insurance, we want to ensure that you are mentally and financially prepared for any risks that life might throw at you. Get in touch with Thumann Insurance and get a deep insight into how you can secure yourself personally. With our help, identify all high-risk areas in your life and receive coverage for the same before it is too late. Get a quote today!