Insurance FAQs

What isn’t covered under renter insurance?

A standard renters policy doesn’t cover you for earthquakes. You’ll need special coverage for this. Water damage from flooding, drainage backing up or ground water seeping into your basement is not covered. Animals, birds and fish are not covered. Motorized [...]

What does renter insurance cover?

Personal property-This coverage is for personal property owned by or used by you and anyone living with you (an insured) while that property is anywhere in the world. Property located away from your home is generally limited to coverage of [...]

Why do I need renter insurance?

Ask yourself this: If all your clothes, the appliances you own, your TV, stereo, jewelry, computer and that collection of Batman Detective comics were destroyed in a fire, could you afford to replace them immediately? If you said no, you [...]

What isn’t covered under standard condo insurance?

A standard condominium policy doesn’t cover you for earthquakes. You’ll need special coverage for this. Water damage from flooding, drainage backing up, or ground water seeping into your basement is not covered. Animals, birds or fish are not covered. Motorized [...]

Why do I need condo insurance?

If you’re not certain you need condominium insurance, ask yourself the following questions: How would you restore your possessions if you lost everything today? Could you finance the restoration of your possessions and the building not covered in the Condo [...]

Do I need earthquake insurance?

Whether or not you need earthquake insurance is up to you. Earthquake insurance can be expensive, and it does carry a much higher deductible than your regular homeowner’s insurance. Just remember, losses from earthquakes can be substantial. For insurance companies, [...]

Do I need flood insurance?

Whether or not you need flood insurance depends on where you live. Your standard homeowners insurance policy does not cover you for damage from floods. So if you live near a large body of water, a river or the ocean, [...]

How do I make sure I have the right homeowners coverage?

The smartest way to make sure you have the right coverage is to take an inventory of your belongings. You’ll want to do one anyway to have in case there is a loss or damage to your home or property, [...]

When do I need a special endorsement or separate coverage?

There are certain situations or certain items in your home that have specific limits on the amount for which you would be covered under “standard” homeowners insurance. For most people, these limits are adequate. However, if you have a home [...]

What’s covered by homeowners insurance?

There are different types of homeowners insurance policies and as you would expect, they offer different levels of protection. There was an HO1, which was so basic and covered so little that it has been discontinued in most states. There [...]

What is homeowners insurance?

Homeowners insurance protects you in case of damage to your dwelling or property, injury to your guests, or events for which you may be held liable. Usually, a homeowners insurance policy contains liability coverage and may provide you with options [...]

How much renter insurance coverage do I need and what are the limits?

When determining how much coverage you need, again renters insurance is pretty simple. Make an inventory of all your belongings, which you’ll need anyway if you ever need to make a claim. If you have collectibles or antiques, you’ll also [...]

What if I don’t understand some of the insurance terms in my online quote?

If you’re looking for an auto insurance site that explains auto insurance coverage terms in plain English, you’ve come to the right place. We work hard to make auto insurance as uncomplicated as possible. We also try to make the [...]

Can I get auto insurance coverage with my domestic partner?

Yes, you can. We recognize that relationships come in many forms. If you’re married, in a civil union, or in a registered domestic partnership, you qualify for a discounted rate from most insurance companies we represent. When you’re going through [...]

What if I want to see how different coverage levels affect my online quote?

We think it’s extremely important for auto insurance consumers to compare all their options before purchasing a policy. In fact, we hope you’ll get several auto insurance quotes with different coverage levels so you can truly make an informed decision [...]

Who should I share auto insurance coverage with?

If you share an address with other drivers, it’s important that you all have auto insurance coverage. Whether that other driver is a roommate, a spouse, a domestic partner, or a child, if he or she has a driver’s license, [...]

How much auto insurance coverage do I need?

While the phrase “less is more” may be true when you’re decorating or accessorizing, when it comes to auto insurance, more is less: the more coverage you have, the less it will cost you if you get in an accident. [...]

Why do insurance companies ask how long I’ve had auto insurance coverage?

This question may seem strange, but it’s actually quite typical for auto insurance companies to ask drivers how long they’ve had auto insurance coverage. Many insurance companies use information about your auto insurance history to help them determine a rate [...]

Do I need special auto insurance coverage if my auto’s leased or financed?

Most of us are unable to pay for a new car up front so leasing and financing have become common practices. Hence, it’s important to understand how they affect your insurance. The first thing to do is check your loan [...]

How much auto insurance coverage is required in my state?

Whether you’re battling traffic on an LA freeway or cruising the back roads of Virginia, you need auto insurance. Just how much insurance coverage you need varies. Each state has different regulations governing auto insurance coverage, and your state’s department [...]

How do I get the most auto insurance coverage for my insurance dollar?

Whether you’re buying groceries or shopping for auto insurance coverage, you always want to get the best value for your dollar. So, what’s the secret to finding reliable and affordable auto insurance coverage? Answer Financial, Inc., we shop several top [...]

Why do I need auto insurance coverage?

It’s the law! Whether you have a perfect driving record or a few violations under your belt, you will need auto insurance coverage if you want to drive a vehicle in the USA. Maybe you’ve just spent way too much [...]

How do I get auto insurance coverage for more than one car?

Through Answer Financial, you can insure up to 4 vehicles and/or 4 drivers on one policy. If you have more than four vehicles or four drivers, please call and speak to our professional licensed agents. Even with multiple vehicles, getting [...]