The law does not require physical damage insurance, but lenders do. A damage policy will pay no more than the value of the equipment at the time of the accident. In other words, you won’t get a new ...

Most states require drivers to carry auto insurance, but this requirement usually targets liability insurance. Basic coverage required by law doesn't protect your vehicle against damage. Instead, ...

Learn how windstorm insurance covers property damage from hurricanes and tornadoes, and find out if you need extra coverage in high-risk areas.

Discover how boiler and machinery insurance protects your business from financial loss due to equipment breakdown. Learn about coverage, benefits, and key protections.

Beginning in March and continuing on a daily basis, lawsuits have been filed in state and federal courts all over the United States seeking to resolve questions around the availability of insurance ...

If you've ever spent a Saturday afternoon in a car dealer's financing office, you've probably heard of gap insurance. But maybe you didn't fully know what it meant. If so, you're not alone. In simple ...

The insurance policy phrase "direct physical loss of or damage to" has been prominent in the news the past few years thanks to the spate of business interruption cases stemming from the pandemic, but ...