Budget Concerns: How Much Insurance is Enough?

Budget Concerns: How Much Insurance is Enough?

  • What's The Difference Between Comprehensive And Collision Coverage?

    Shopping for auto insurance can get a little confusing at times, especially with so many coverage options available. If you own a newer vehicle, your insurance agent may suggest carrying more than just the mandatory liability coverage. When confronted with the option between comprehensive and collision coverage, you may be wondering if there's any actual difference between the two. Collision Covers Crashes With Other Vehicles Your ordinary liability coverage only covers damages done to the other vehicle, as well as any potential medical injuries suffered by the other party.

  • Save On Insurance Premiums For Your Teen

    Having a teenager can be scary, especially during those years when they start driving cars. It is hard to let them start to drive on their own. You never know what accidents may happen or what damage they may cause to themselves or others. Even though this can be a hard time, it is important as parents to let go and give these children a chance to show just how responsible they can be.

  • 2 Types Of Home Insurance You Should Not Skip Out On

    If you are buying a home, then getting the right type of coverage for your home can make all of the difference if there are natural disasters. Here are two types of home insurance you should not skip out on even if you have to pay a little more each month. Earthquake Coverage Even if you do not live in an area where earthquakes happen frequently, this does not guarantee that they will not occur in your area.

  • Transitioning Your Adult Child To Independence And The Affordable Care Act

    One of the most-celebrated provisions of the Affordable Care Act (ACA) is the ability for adult children to remain covered by a parent's health insurance policy until age 26. However, there remains some confusion about what exactly is covered. For example, can you use a Health Savings Account (HSA) to pay for expenses for a non-dependent child covered by your plan? Read on to learn more about the interplay between the ACA and the transition of your adult child to full independence.

2017© Budget Concerns: How Much Insurance is Enough?
About Me
Budget Concerns: How Much Insurance is Enough?

Insurance is something that I carry in the hopes that it never has to be used. Along with life coverage, I also have low cost auto insurance and a health plan through my employer. I'm toying with the idea of adding some additional coverage, just in case something happens and I'm no longer around to take care of my family. The question that is on my mind is how much insurance is enough? Do I really need more, or would it be better to cultivate other assets that my loved ones can draw on if needed? If you are in the same boat, let's journey together for a while. Read on and I'll explain what I'm trying and why. Together, we can figure out when it is time to add more coverage and when enough really is enough.

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