AAA Insurance Offers More Than Just Auto Coverage

Ask 100 people to name a type of insurance and auto insurance will likely be the most popular answer.

Drivers in nearly every state are required to have liability protection to legally get behind the wheel, so it’s easy to see why this coverage might be top of mind.

But auto insurance is just one piece of a larger insurance lineup that many people assemble to safeguard themselves against liability. Some of these protections provide general coverage, while others are more nuanced.

Here’s a quick guide to the world of AAA insurance offerings.

AAA Insurance has you covered

Classic Car

Special cars need special coverage, and AAA insurance has the right kind of policy for the job. Classic car coverage is an option if your prized set of wheels primarily hits the road for occasional pleasure cruising, car club functions, exhibitions, car meets and tours. Sure, you can insure your classic car with regular auto insurance, but you may save a few bucks going with specialized coverage instead.

Flood

If you have a mortgage and your house is in a high-risk flood zone, you’re probably required to have flood insurance.

Even those who live in moderate- or low-risk flood areas, however, can benefit from flood coverage. More than 20 percent of all claims filed through the National Flood Insurance Program come from people living outside high-risk flood zones.

Homeowners

Homeowners insurance is a requirement for just about anyone who has a mortgage, though it can be a worthwhile investment for anyone who owns a home, period. Homeowners insurance protects your home – including the dwelling itself, decks, sheds, attached garages, detached garages and other structures – against perils like fire. It does not typically protect against earthquakes or floods.

Homeowners insurance also protects personal property from damage or theft, and protects homeowners from liability from injuries sustained by visitors.

You should know whether your homeowners insurance offers cash or replacement value. The cash value of something like a stolen laptop computer may not be the same as its replacement cost.

Life

If something happened to you tomorrow, would your loved ones have the money they need to pay for the roof over their heads, your burial costs and other expenses? Life insurance helps make sure the answer to that question is yes.

AAA insurance professionals can help you determine what level of protection you need. Many people purchase term life policies, which offer defined benefits for a specific period of time.

It’s usually a good idea to reassess your insurance needs following major life events, like the birth of a child, to ensure your coverage is adequate.

Long-Term Care

There’s a good chance you’ll require some form of long-term care in your senior years. Those turning 65 have an almost 70 percent chance of needing long-term care in their lives, according to the U.S. Department of Health and Human Services. Long-term care refers to activities of daily living, such as bathing, dressing, moving from a bed or chair, eating and using the toilet. Medicare, Medicaid and private health insurance usually offer only limited long-term care coverage. The remaining expenses fall to individuals, which is where long-term care coverage comes in.

Motorcycle/Boat/RV

Motorcycles, boats and RVs are all grown-up toys with the potential for grown-up liability. The risks of these recreational vehicles are addressed with specialized policies. Let AAA insurance help ensure your safe, leisurely enjoyment isn’t overshadowed by liability concerns.

Pet

People love their pets, and they’re often willing to pay steep veterinary bills to keep them healthy. Pet insurance can help offset the cost of treatment for accidents or illnesses ranging from emergency care to X-rays.

Renters and Tenants

Renters and tenants insurance is like homeowners insurance for people who don’t own homes. If you live in an apartment, condo, townhouse or other rented property, this coverage safeguards your personal belongings against theft, fire and other perils. It also provides liability protection should someone be injured in your dwelling.

Small Business

For businesses, having the right insurance coverage can be the difference between success and failure. Since no two companies are the same, it’s important for small business owners to have policies crafted to their particular operations. A business owner who uses a fleet of vehicles, for example, may need a commercial auto policy while an engineer may need performance safeguards. If you operate a business from your home, don’t assume your homeowners insurance policy provides any coverage – in most cases it doesn’t. AAA insurance professionals can help craft coverage tailored to your business.

Travel

Did you know the health insurance you have at home might not travel abroad? To put it another way, would you like to avoid a potentially hefty medical bill on your next international vacation? Travel medical insurance steps in for you internationally when your domestic policy stays put. Policies may also cover emergency medical or political evacuation.

Umbrella

Unexpected occurrences are generally something you can count on, and often. While homeowners and auto insurance are aimed at protecting you, there can be unforeseen instances when such policies aren’t enough, opening you up to liability you can’t handle. Umbrella coverage steps in when you’ve exhausted all the protection afforded by homeowners and auto insurance.

Wedding and Special event

Weddings and other special events can be costly endeavors. Imagine the disappointment – not to mention the financial impact – if such an event had to be canceled due to severe weather. Wedding and special event coverage protects your investment in a day you’ll remember forever.

Have some questions about these or other types of insurance coverage? Let us know in the comments below. To learn more about AAA insurance offerings, contact an insurance agent or get a quote, visit AAA.com/Insurance.