This type of classification is identical to that of a vehicle.

I get the old loan is paid off and the insurance goes with it but why can't it just be transferred to the new nearly-identical loan.

Take identity theft..  

Recently, more states have adopted protections based upon sexual orientation and gender identity, for example.

You have no liability if the router needs reset and you're in Europe for another two weeks - you don't have to interrupt your vacation to get a vendor to go into your home and fix/diagnose, or get to the secure part of a building where you store that equipment. 

The cable company needs us to switch out the modem/router equipment.

Any sort of advanced/skilled manufacturing is going to require heavier power requirements, fairly sophisticated HVAC equipment and possibly floor drains in the unit. 

You're not equipped be financially free as is, and thought process of thinking so needs to be nipped in the bud.

Office equip.  ????

Once you've started to absorb all these initial lessons, you'll be equipped to make even smarter decisions and secure even better deals moving forward.