Budget Concerns: How Much Insurance is Enough?

Budget Concerns: How Much Insurance is Enough?

  • How Auto Insurance Rates Get Calculated

    Auto insurance can be expensive and vary depending on your age, driving record and a number of other factors. For many people insurance remains a mystery that they have never tried to solve, but if they simply called an auto insurance representative they could get all the answers. Here is a list of factors that will go into determining how your auto insurance premiums get calculated. Age Youth have some of the highest insurance premiums, as they are often the highest age bracket when determining risk.

  • Determining How Much Auto Insurance Coverage You Need

    When you are getting ready to purchase auto insurance for your car, you may be a bit confused and not know how much auto insurance you really need. It can be hard to determine how much is enough, and when you may be paying for things you don't need coverage on. This article will give you a better idea as to how much auto insurance you should have. The First Steps

  • Lower Your Boat Insurance Rates With A Safety Course

    Boating is a fun and exciting leisure activity, but insurance costs can take a bite out of your bank account. One good way to lower your rates is to pass an approved boating safety course, as many insurers offer a discount for boat owners who pass this type of program. This article examines some of the most critical boating safety issues addressed in these courses.  Navigation Rules Every operator of a boat must be thoroughly familiar with the navigation rules pertaining to watercraft.

  • Home Vandalism: Steps To Take Before Making A Homeowners Insurance Claim

    If your home is vandalized, then you may wish to make a claim to your home insurer, such as Greg Thomas Insurance Agency Inc, for the damage. However, contacting the insurance adjuster isn't the only thing you should do. Here are other essential measures you should take:  Report It to the Police The first step is to report the vandalism to the authorities. Get a police report and ensure that you also have the names and contacts of the officers involved in the report.

  • 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.

2023© 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.