Absolutely! You get a discount on both your home and auto insurance when they are packaged together. Also, claims are simpler and quicker to file and process.
This policy can cover your dwelling, barns , equipment, livestock, vehicles, property damage, bodily injury, hazards, wind or fire damage. Umbrella coverage can be added for an extra layer of protection.
Collision covers physical damage insurance coverage on a personal or business auto insurance policy. It provides reimbursement for damage to your vehicle after you've been in a car accident in which there is no fault or you are at-fault. Comp provides reimbursement for a set of named perils that include, fire, hit an animal, falling object, car get's struck by lightning and more.
In many ways a renter insurance policy is similar to a homeowner insurance policy except the building coverage has been removed. However, there is still coverage for personal property and personal liability among other important coverages.
A Business Owners Policy (BOP), is a policy that includes coverage designed specifically for small businesses.