Budget Concerns: How Much Insurance is Enough?

Budget Concerns: How Much Insurance is Enough?

  • 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.

  • 3 Things To Know About Bail Money

    Bailing a close friend or family member out of jail can be a costly event, especially if you have to pay for the entire bond. After doing this, you may anticipate getting this money back in the future, but it might not be as easy as you think it will be. Here are three things you should know about getting your bail money back. 1. Friend Must Go To Court

  • 3 Disability Myths That Show How Much You Need Insurance

    Whether you've been working for years or you're just now entering the workforce, disability is a risk that must be addressed. You may not take the risk of an accident or illness seriously enough to worry about being disabled, but if that's the case then you're falling victim to one of many myths Americans believe about the condition. If you want to protect your future self from financial and emotional hardship, you have to get to the root of these myths and uncover the truth.

2024© 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.