General wear and tear is usually not covered. Auto insurance doesn't cover normal wear and tear, which can include brake replacement, engine repairs, or replacing windshield wipers. This also includes smaller wear and tear issues like scratches, dings, and chipping paint.

A common policy structure is 250/500/250, which means:

• 250 = Bodily Injury Coverage — $250,000 for injuries per person
• 500 = Overall Maximum Coverage — $500,000 for injuries total per accident
• 250 = Property Damage Coverage — $250,000 for property damage per accident

• Your driving records
• The type of car you have
• Your level of coverage
• Your deductible
• Whether or not you leverage discounts
• Your location

Make sure that you're covered for the right amount. Your home insurance policy should cover the full value of your home in case of damage or destruction. When it comes to home insurance, make sure you're getting the right amount of coverage. The Stewardship Group is here to help.

Home insurance policy rates are impacted by:

• The replacement cost of your home (how much it would cost to rebuild)
• Risk factors specific to your home or the area around it
• Personal factors about you as a homeowner
• Claims history
• The coverage you choose for your policy

Business insurance can help pay for the costs of property damage, lawsuits, lost business income, and some other losses. To protect against specific risks unique to their situation, businesses often buy multiple coverages and combine them into one policy.

When you're starting your own business, you should make sure to have general liability insurance. professional liability insurance. and workers' compensation insurance.

The IRS considers business insurance a cost of doing business, so your policy premiums may be deductible from your taxable income. A professional accountant can make sure that you fill out the proper paperwork to ensure you are taking advantage of all deductions available to you.

Farm and ranch insurance is a hybrid form of coverage meant to protect you both personally and commercially. This type of insurance policy provides coverage for your home and its contents, as well as other equipment, structures, and tools from different types of accidents that could harm or damage your farm.