Most likely you will not be able to remember all the possessions you've accumulated over the years in your home, if they were destroyed by a fire! By having an up-to-date home inventory list you will be able to get your insurance claim settled faster, verify losses for your income tax returns and help you purchase the correct amount of insurance.

You should start by making a list of all your possessions, and describe each one, noting where you bought it and what kind of make and model it is. Also add to your list any receipts, purchase contracts, and appraisals that you have.

There is a difference between an insurance company canceling a policy and policy that has been in force for more then 60 days except when:
* YOU FAIL TO PAY THE PREMIUM
* YOU HAVE COMMITTED FRAUD OR MADE SERIOUS MISREPRESENTATIONS ON YOUR APPLICATION.


Nonrenewalable is different. Either you or your insurance company can decide not to renew the policy when it expires. Your insurance company must give you a certain number of days' notice and explain the reason for not renewing before it drops your policy, all that depends on the state you live in.

If your insurance company didn't renew your policy, you will not necessarily be charged a higher premium at another insurance company, selecting not to renew it. An insurance company cannot cancel a

1. Bodily Injury Liability

This kind of liability applies to injuries, you, the designated driver or the policyholder, may have caused to someone else. You and any family members listed on the policy are also covered when driving someone else's vehicle with their permission.

2. Medical Payments or Personal Injury Protection (PIP)

This coverage reimburses you for the treatment of injuries to the driver and passengers of the policy holder's vehicle. PIP also covers lost wages and the cost of replacing services normally performed by someone injured in an auto accident also it covers medical payments and in some cases it covers funeral costs.

3. Property Damage Liability

This coverage pays for any damages you may have caused to someone else's property. In most cases this means damages to other person's vehicle, but it also covers any damages to telephone poles, fences, lamp poles, buildings and any other structures your vehicle may hit.

4. Collision

This coverage pays for any damages to your vehicle from a collision with another vehicle, object or flipping over, also it covers damages from potholes. Even if it is your fault for the accident caused, your collision coverage will pay you for the costs of repairing your vehicle, minus the deductible.

5. Comprehensive

This coverage pays you ruff any losses due to theft or damages caused by something other then a collision with another vehicle or object, such as: windstorms, fire, falling objects, hail, flood, earthquake, riot, vandalism, missiles, explosions, and any contact with wild animals such as deer or birds. Also comprehensive coverage pays for cracked or shattered windshields.

6. Uninsured and Underinsured Motorist Coverage

This coverage will pay you if you are hit by an uninsured or a hit-and-run driver. The underinsured motorist coverage is used when an at-fault driver has insufficient insurance to pay for all your total losses, also this coverage will protect you if hit as a pedestrian.

When you are renting a car, you need insurance. If you have suitable insurance on your own vehicle, which includes comprehensive and collision coverage, this might be enough.

Before renting a vehicle:

1. Contact your insurance company
Find out how much coverage you have on your own vehicle. Most of the times you have enough coverage on your policy to cover renting another vehicle. The rental car will not be covered if you do not have comprehensive and collision coverage on your own car.

2. Call your credit card company
You can find out what insurance your card provides.

There are many factors that can affect the cost of your automobile insurance - there are some you can control and some that are beyond your control.
Examples: The type of car you drive, the purpose it serves, your driving record, your age even your marital status.