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Buying insurance provides financial security against the unknown, so that financial burdens will lie on th… More
When buying insurance, discuss insurance policies with an insurance agent or broker to find out what type … More
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Comprehensive insurance, or umbrella insurance, uses one policy to hold a little bit of coverage for six b… More
Liability insurance provides coverage against harm that you have caused to a third party, such as personal… More
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Summary: Comprehensive insurance, or umbrella insurance, uses one policy to hold a little bit of coverage for six basic types of insurance. Get total coverage with one payment through comprehensive insurance with information from a licensed insurance agent in this free video on insurance and personal finance.
William Rae has been licensed in the insurance and financial fields for over 30 years. Rae currently runs HBW Florida, specializing in life and health insurance for small business...read more
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"Hi, my name is Bill Rae. I'm a licensed agent and have been in the field for well over two decades. Today's question is, "What is comprehensive insurance?" Well that's a very good question. Let's cover the six basic types of insurance that most people are familiar with. You have automobile insurances, life insurance, you have medical insurance, home owners, or renters' if you rent. You have disability insurance and then of course you have long term care insurance. All these type of insurance. There is such a thing out there called and umbrella, or a comprehensive insurance. If that's what you're referring to, that means you have a little bit or possibly coverage on each and all of these programs under one policy. Excellent planning, excellent thinking. If that's what you're referring to, that's comprehensive insurance, total coverage with one payment. Now, if you're referring strictly to an automobile, comprehensive, part of the comprehensive in collision, well that's different type of insurance. Perhaps a question for another day. My name is Bill Rae and I'm helping you build wealth."
eHow Article: What Is Comprehensive Insurance?
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