Budget Concerns: How Much Insurance is Enough?

Budget Concerns: How Much Insurance is Enough?

  • Wedding Postponement Insurance: 3 Instances When It May Truly Be Necessary

    Congratulations on getting married. The process of planning your wedding should be an enjoyable one with limited negative experiences. There are so many details that needed to be decided that it can become overwhelming. During a meeting with your wedding planner, he or she mentions wedding cancellation or postponement insurance. You think that you don't need it because neither you or your groom-to-be are going to get cold feet, but this type of insurance covers many more instances than just being left at the alter.

  • The People On Your Property: Who Does Your Homeowners Insurance Cover?

    Your policy can automatically cover a lot of people to one degree or another. It covers Whoever's name is on the policy (you) Your spouse and your children Visitors, guests, and those you invite over People who work on your property also receive some protection under your homeowners policy. That can include nannies, housekeepers, maintenance people, etc. When Your Child Goes Away and Returns Your coverage is rather broad as well.

  • Water Damage & Insurance Coverage: Understanding Coverage Limits And 2 Questions To Ask Your Agent

    In the event that water damage occurs in your home, don't be caught by surprise and wondering whether your insurance policy will cover the damage. Below is a basic overview of water damage usually covered in standard policies, as well as reasonable precautions that you can take to avoid it. Understanding Coverage Limits Water damage in your home can cause a lot of confusion when it comes to insurance coverage.

  • 4 Ways For Getting Home Insurance Coverage For Less

    Being able to have the right amount of coverage for your home is sure to be high on your list of priorities. This will provide you with the peace of mind you need when it comes to your home being covered in the event of a disaster. Knowing some important ways to decrease the cost of your homeowners insurance is ideal for any individual to know. Beef up Security Of course, you may have deadlocks on your doors to keep robbers out at all times, but adding a more sophisticated security system is sure to help reduce your overall homeowner's insurance costs.

  • Three Tricks To Maximize Your Used-Based Insurance Benefits

    Used-based insurance is a form of coverage in which your insurance company monitors your driving and gives you a discount based on it. The insurer collects different forms of data that it uses to gauge whether you are a safe driver. If this is something you are interested in, then use these three tricks to maximize its usefulness: Understand the Data Collected The type of data collected varies by company and by state laws.

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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.