There are many different kinds of insurance policies, and almost any person or business can find an insurance company willing to insure them—for a fee. Auto, health, homeowners, and life insurance are the most common types of personal insurance policies.
Auto insurance is mandated by state law, and most people in the United States have at least one of these kinds of coverage.
Organizations get insurance strategies for field-explicit dangers, For instance, a drive-through eatery’s contract might cover a representative wounds from cooking with a profound fryer.
Liability claims brought against a health care provider for negligence or malpractice are covered by medical malpractice insurance.
State law may require businesses to purchase specific insurance policies.
The majority of insurance is regulated by states.
Kidnap, ransom, and extortion insurance (K&R), identity theft insurance, and wedding liability and cancellation insurance are all examples of very specific insurance policies that are available.
