• Lawsuits
• Property damage
• Theft
• Vandalism
• Loss of income
• Employee injuries and illnesses

• Commercial liability
• Commercial property
• Commercial auto
• Workers’ compensation

Life insurance is a contract between an insurer and a policyholder. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime.

The primary use of auto-insurance is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.

Property insurance is a broad term for a series of policies that provide either property protection coverage or liability coverage for property owners. Property insurance provides financial reimbursement to the owner or renter of a structure and its contents in case there is damage or theft—and to a person other than the owner or renter if that person is injured on the property.

Property insurance can include a number of policies, such as homeowners insurance, renters insurance, flood insurance, and earthquake insurance. Personal property is usually covered by a homeowners or renters policy. The exception is personal property that is very high value and expensive—this is usually covered by purchasing an addition to the policy called a “rider.” If there’s a claim, the property insurance policy will either reimburse the policyholder for the actual value of the damage or the replacement cost to fix the problem.

Health insurance is a type of insurance coverage that typically pays for medical, surgical, prescription drug and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees, with premiums partially covered by the employer but often also deducted from employee paychecks. The cost of health insurance premiums is deductible to the payer, and the benefits received are tax-free, with certain exceptions for S Corporation Employees.

The Special Automobile Insurance Policy (SAIP) is a residual market government auto insurance plan in New Jersey that’s offered by the state to certain drivers with Medicaid.

While eligible drivers with dollar a day policies receive proof of insurance and are considered to be driving legally, SAIP insurance does not meet New Jersey’s minimum auto insurance requirements for most drivers.

The coverage provided by the Special Automobile Insurance Policy only pays for emergency treatment and the most severe of driver injuries but offers no liability coverage to pay for injuries or damages to others.

Most ongoing treatment and the cost of damages to others are the responsibility of the dollar a day insurance policyholder, meaning this policy should only be considered as a last resort.

The dollar a day policy only covers:

The limited coverage of dollar a day car insurance policy means that it’s unlikely to offer any coverage to you as the policyholder in most accidents.

Instead, you would be responsible for the costs of: