Exposed? Insurance Add-Ons Limit Loss

Summary


Homeowners in the 18th and 19th centuries were worried enough about fire that they frequently paid insurance to local fire companies. Old houses in Georgetown or Old Town Alexandria occasionally bear evidence of these early insurance policies in the form of a plaque from one of the competing fire-protection organizations.

If only insurance choices were as simple today.

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Extract


Exposed? Insurance Add-Ons Limit Loss

Homeowners today are faced with a wide range of insurance options that can accompany a basic insurance policy.

Living near the water? You may want to consider flood insurance. Have household help? Workers' compensation insurance may be the thing to buy. Own a boat or two? Additional insurance on your existing policy might be just the ticket.

You even can purchase additional insurance on other structures on your property, such as a detached garage or gue...

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