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What are the different types of insurance?

You've probably heard of car insurance, homeowners insurance and life insurance. Learn about coverage options for these and other types of policies.

Here you’ll find some of the more common types of insurance policies along with a short description of each, a few examples of available coverages, and resources where you can find more detailed information on each.

Homeowners insurance

Homeowners insurance provides coverage for your home and other personal property in the case of a covered loss, such as a fire. It can also provide liability coverage in case you accidentally cause damage to someone else’s property or if someone gets injured at your home.

Learn more about homeowners insurance

Renters insurance

Renters insurance provides coverage for your stuff — like computers, TVs, electronics, bicycles, furniture and clothing — both inside and away from your place in the case of a covered loss, such as a fire, theft or vandalism. It can also provide liability coverage in case you accidentally cause damage to someone else’s property or if someone gets injured at your apartment.

Learn more about renters insurance

Condo insurance

Condo insurance provides coverage for your condo and personal property in the case of a covered loss, such as a fire, theft or other covered losses. It can also provide liability coverage in case you accidentally cause damage to someone else’s property or if someone gets injured at your condo. Generally, condo associations only insure the building and common areas, leaving you responsible for your property.

Learn what else is covered by condo insurance

Manufactured home insurance

Manufactured home insurance provides coverage for your home and other personal property in the case of a covered loss, such as a fire.

Learn about manufactured and modular homes

Farm and ranch insurance

Farm and ranch insurance provides coverage for household personal property (like clothes, furniture, and appliances) in your dwelling if you live on your farm or ranch, as well as the Farm Personal Property (such as farm machinery, grain, livestock, and farm tools) that you use in your farming operations.

Learn about farm scheduling versus blanket coverage

Flood insurance

Flood insurance provides coverage for your home and other personal property in the event it gets damaged due to a flood. If you’re a homeowner, you may want to consider getting flood insurance since many homeowners insurance policies don’t cover damages caused by flooding. Even if you live in a moderate-to-low risk area, it can still be beneficial as those areas account for about 25% of all flood claims.

Learn how to prepare for a flood

Car insurance

Car insurance provides coverage for your car if it gets damaged due to an event covered by the policy, such as an accident that involves another car and/or a person. It can also help cover medical bills for you and your passengers if you’re injured in an accident or if you're hit by another driver who is either uninsured or underinsured. Car insurance also covers damage to property, theft, fire, vandalism and more.

Learn about deductibles and coverages

Motorcycle insurance

Motorcycle insurance provides coverage for your motorcycle, damage to property, injuries, theft, fire, vandalism and more.

Learn why motorcycle insurance is cheap

RV insurance

RV insurance provides coverage for motorhomes, travel trailers or camping trailers, and would cover damage to property, injuries, theft, fire, vandalism and more.

Learn some tips on buying an RV

Off-road vehicle insurance

Off-road vehicle insurance provides coverage for off-road vehicles (like snowmobiles, golf carts and ATVs), damage to property, injuries, theft, fire, vandalism and more.

Check out these ATV safety tips

Boat insurance

Boat insurance provides coverage for your boat, motor, trailer and boat equipment for loss caused by sinking, theft, fire, storms, collision and more. There is also coverage if your boat causes injury to others or damage to other boats.

Learn what else is covered by boat insurance

Life insurance

Life insurance provides financial protection for your beneficiaries in the unfortunate event you pass. There are many options to choose from such as time frames (ranging from 10 years to end of life) and coverage amounts, just to name a few.

Learn how life insurance works

Health insurance

Health insurance provides financial protection to help pay for costs associated with medical expenses. With the rising costs of health care and prescriptions, health insurance can help protect you from incurring debilitating bills as a result of a serious accident or illness.

Learn the basics of health insurance

Disability insurance

Disability insurance provides financial protection from an unexpected loss of income to help you pay for things such as a mortgage, rent, a car loan and other regular living expense in case you become disabled and are unable to work.

Learn why disability insurance can be beneficial

Pet insurance

Trupanion pet insurance provides coverage that can help lessen the financial burden when it comes to medical care for your pet. It often includes tests, surgeries and the treatment of breed-specific conditions.

Learn some common health issues among cats and dogs

Identity restoration insurance

Identity restoration insurance provides coverage for things such as identity theft, computer attacks, cyber extortion and fraud, to name a few.

Learn some tips to help prevent identity theft

Personal liability umbrella insurance

Personal liability umbrella insurance provides coverage for situations that exceed the limits of liability covered by an underlying policy such as car insurance, homeowners insurance or boat insurance. It’s meant to provide larger amounts of coverage for things included in the underlying policies, and broader ranges of coverage for things not included in the underlying policies such as defamation of character, libel and slander.

Learn more about personal liability umbrella insurance

Personal articles insurance

Personal articles insurance provides coverage beyond homeowners or renters insurance to replace your valuable items like a baseball card collection, camera equipment, fine art and jewelry.

Learn more about personal articles insurance

Businessowners insurance

Businessowner insurance provides coverage options for a variety of business-related things such as property, liability, accounts receivable, computers and other types of equipment.

Find a policy for a specific type of business

Want to know more?

Enhance your knowledge of insurance by talking with a State Farm agent.

Pet insurance products are underwritten in the United States by American Pet Insurance Company and ZPIC Insurance Company, 6100-4th Ave. S, Seattle, WA 98108. Administered by Trupanion Managers USA, Inc. (CA license No. 0G22803, NPN 9588590). Terms and conditions apply, see full policy on Trupanion's website for details.

Neither State Farm® nor its agents provide tax or legal advice.

The information in this article was obtained from various sources not associated with State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates). While we believe it to be reliable and accurate, we do not warrant the accuracy or reliability of the information. State Farm is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites that might be hyperlinked from this page. The information is not intended to replace manuals, instructions or information provided by a manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. These suggestions are not a complete list of every loss control measure. State Farm makes no guarantees of results from use of this information.

State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
State Farm Mutual Automobile Insurance Company
State Farm Indemnity Company
State Farm Fire and Casualty Company
State Farm General Insurance Company
Bloomington, IL

State Farm County Mutual Insurance Company of Texas
State Farm Lloyds
Richardson, TX

State Farm Florida Insurance Company
Tallahassee, FL

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