Do I Need Specialty Insurance?

Getting coverage

The term “specialty insurance” is a bit vague. What makes something unique enough to be covered by specialty insurance? Who needs it? These questions and more will be answered throughout this article.

What Is Specialty Insurance?

Specialty insurance is defined as any type of insurance that is used for special purposes. This is anything that is not usually covered by the average insurance policy. Specialty insurance policies can be for vehicles, homes, and businesses.

What Does Specialty Insurance Cover?

The most common type of specialty insurance an average person will need comes in the form of vehicle and home insurance. Below are some of the most common types of specialty insurance policies.

  • ATV insurance
  • Boat insurance
  • Motorcycle insurance
  • RV insurance
  • Flood insurance
  • Renter’s insurance

Businesses may want to invest in other types of specialty insurance policies. Below are some of the most common specialty insurance policies for businesses.

  • International operations insurance
  • Maritime operations insurance
  • Valuable papers insurance

There are a variety of specialty insurance providers out there to choose from. Check out this list of insurance providers on Program Business,and sort by specialty insurance to find one that suits your needs.

If you think you need specialty insurance for yourself, your home, car, or business, talk to a licensed insurance agent today to get a quote.