There is no doubt that your vehicle insurance provider has plenty of policy options to choose from—but are you really getting everything you need for a well-rounded policy? Most people have liability, comprehensive, and collision coverage today. It is natural to assume that those types of coverage will provide for you in just about any accident or disaster involving your vehicle. However, there are a couple of little-known types of coverage that you may not have.
In the wake of the recent flash flooding in the state of Texas, many people are starting to take a closer look at their home insurance coverage. Even if you were not impacted by this particular natural disaster, you undoubtedly want to be prepared in case a similar situation happens to you in the future. Although many people assume that a home insurance policy will cover all natural disasters, this isn't always the case.
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.
Have you checked the details of your auto insurance policy lately? You may be surprised to find out you have more coverage than you think. There are two coverages, in particular, you may not know about without digging deeper. Diminished Value Claim Consumers often don't know they have a right to file a diminished value claim. Even though your insurance company pays for the damages to your vehicle if you're insured, the insurer won't automatically pay you for your vehicle's diminished value following an accident.
The search for insurance seems to be never-ending. Between home, auto, and business insurance, the hunt can really take a toll on your wallet—and your sanity. However, if you want to protect against big financial losses then you will need another insurance: casualty insurance. What Is Casualty Insurance? In general terms, casualty insurance protects you against financial losses should an accident be your fault. Any time you are financially liable for someone else's injury, casualty insurance kicks in and covers you.
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.