Homeowners insurance is a great way to protect your home for sudden loss. However, as you may already know, it doesn't cover wear and tear issues. The problem is that it's sometimes hard to differentiate between some wear and tear issues and sudden issues. Just because a problem comes on suddenly or is suddenly noticeable, it doesn't mean it's covered by your insurance. Here are common examples as to how wear and tear sometimes masks itself as something sudden, but is still not covered.
Auto insurance is designed to protect you in the event you have an accident or some sort of liability when operating your motor vehicle. Every state has its own set of laws and regulations, but in general, the main goal is to protect you in the event of an accident and replace or repair auto body damage that may have occurred in a crash. If you're under 25 and are getting ready to purchase an auto insurance policy all on your own, there are a few factors that definitely come into play, when it comes to getting the cheapest rates.