Budget Concerns: How Much Insurance is Enough?

Budget Concerns: How Much Insurance is Enough?

  • Top 4 Things Not To Do When You Buy Car Insurance

    There's no doubt that car insurance is crucial when purchasing a vehicle. It guarantees that you can replace your vehicle when it's stolen or involved in a car crash. Besides, car insurance is mandatory in all states. So, when you fail to purchase it, you risk hefty fines and possible jail time. But as a first-time car owner, you may be tempted to choose a low-cost insurance option. While it could save you some cash now and in the future, this is something you should avoid.

  • How Much Information Should You Disclose To Your Insurance Agency After An Accident?

    After getting into an auto accident, you have a lot to deal with, which could seem overwhelming. But most of all, you need to let your car insurance agent know what happened. First, you should seek medical attention; then, once you are safe and well, call your agent. You should be truthful and give as many details as you can. Here are the three crucial details to let your agent in on.

  • 3 Tips for Comparing Car Insurance Quotes

    "Get more than one quote!" You've probably read this advice in plenty of articles on the Internet or perhaps heard it from a friend or family member. Getting multiple quotes is often a good idea when making any financial decision. Whether you're looking for a new contractor for your home or buying car insurance, it never hurts to get a second opinion and keep your options open. Of course, just looking at a few different numbers isn't the same as making an informed comparison.

  • What Do Contractors Need To Know About Business Insurance?

    Many workers in the construction industry see launching their own contracting company as a natural career goal. Becoming your own boss is an excellent way to take more control over your work life and make more money, but starting a business isn't something to take lightly. If you're about to launch yourself into this new world, insurance is one of the first things you'll need to consider. Like any other business, contractors have unique insurance requirements.

  • The 4 Factors You Should Consider When Evaluating A Home Insurance Quote

    When shopping around for home insurance quotes, it is important to know not only how much the policy is going to cost you, but also exactly what you are getting for your money. In order to effectively evaluate each quote that you receive, you will need to closely examine each of the following four factors. Factor #1: Price While maintaining quality home insurance coverage is important, it is also important to make sure you don't go broke paying for this coverage.

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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.