Types of Specialty Insurance

Our insurers can offer you lower insurance rates on a wide variety of policy types, including specialty insurance policies. Learn more about the types of specialty insurance here.

• Boat insurance. The typical home insurance policy will provide limited property damage coverage for small boats with a maximum of 25 mph horsepower. This coverage is usually about $1,000 or 10% of your home's value. For larger or faster boats, you will have to obtain a special boat insurance policy.
• Dog bite liability. Dog bites account for one-third of all home insurance liability claims. If you have a dog that your insurer is aware of, your home or renters insurance policy should cover dog bite liability. The average policy will provide $100,000-$300,000 of dog bite liability protection. Particular breeds of dogs may be excluded from coverage due to their increased likelihood to bite.
• Flood insurance. Flood coverage is not included in typical property insurance policies. Flood insurance protects you from flood-related damages. If you live on a flood plain or in a flood zone, you should look for lower insurance rates on a flood insurance policy.
• ID theft insurance. You might have run across ads for identity theft insurance in your quest for lower insurance rates. This type of coverage will reimburse you for any losses related to an incidence of identity theft. Most policies will cover any monetary losses you suffered as well as reimburse you for the professional services you need to make the situation right (e.g., lawyers, accountants, investigators, etc.).
• Pet insurance. Pet insurance policies work much like human health insurance policies. They have annual premiums, co-pays, deductibles, and caps. The premiums will be based on your animal's age, health, breed, and the level of coverage you purchase. You can find lower insurance rates on pet insurance for dogs, cats, rabbits, birds, reptiles, and more through our site.
• Wedding insurance. This coverage is also referred to as special event insurance. These policies can be purchased for anniversary parties, bar mitzvahs, graduation parties, and other special occasions. Special event insurance is meant to protect you from financial losses in the event you have to cancel or postpone the event due to death, illness, injury, adverse weather, or natural disaster.