Understanding Insurance Terminology

Understanding Insurance Terminology

  • Buying Insurance Coverage for Your Moped or Scooter

    Mopeds and scooters can be popular options for commuting in urban and suburban areas. As with other motor vehicles, it is important to effectively insure these vehicles. Myth: Insurance Is Not Important For Small Mopeds and Scooters A common notion about moped insurance is that it is not particularly important due to the smaller size of the vehicles. However, a moped can still travel fast enough to cause significant injuries and property damage.

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Understanding Insurance Terminology

After we purchased our first home, we realized that it might be a good idea to evaluate our insurance coverage. Although we had purchased homeowners insurance before, we had never owned a policy as large as the one we would need for our new place. Also, our new home had a trampoline and a swimming pool, which made us worried about liability. To iron out the details, I decided to meet with our insurance agent. We talked about things like monthly premiums, coverage limits, and deductibles, and it was incredible to learn more about the terminology. This blog is designed to help you with the same types of questions.

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