About a year or so ago, a major consumer protection magazine reviewed books about personal finance written by the well-known gurus on the subject. The magazine found that the subject of insurance was hardly covered at all.
If you think about it, this is a strange failure on the authors’ parts. Without insurance the best laid financial plans can disappear in a moment of inattention or a puff of smoke. All you saved and invested can be gone in seconds.
Insurance is here to make sure an accident does not destroy you. It protects against fire, flood, theft and collision.
It will defend you if you injure someone in an accident.
It will allow your surviving family to carry on for a time without the income you produce and it will even replace that income if you become disabled.
Many people don’t believe that a disaster will befall them. Or they want to spend the money on something that’s more fun.
But as expensive as insurance may seem, and certain policies, like disability insurance can be quite costly, it is substantially cheaper than the alternative.
If you home burns down and you lose it and its contents, the premium you pay now will seem like peanuts.
If you run someone over with your car and cause them serious injuries, the cost of your legal defense alone is many times what you pay for the policy.
Insurance is the difference between picking yourself up and carrying on after a disaster or facing bankruptcy and financial ruin.
In my opinion every wage earner should have term life and a disability income replacement policy.
If you own a home or rent, you need homeowners or renters insurance.
If you have a car, auto insurance is mandatory in most states – and don’t think the legal minimums required by most states will protect you in a serious accident.
Finally you need good health insurance coverage, preferably backed up by a high limit major medical policy.
Prepare for life’s risks so you don’t become one of its victims.
For more information on insurance and financial planning, visit http://www.credit-yourself.com/insurance.html
By: Christopher Cooper
Whether you are dealing with auto insurance company in Washington or any other state there are some of the same concerns and with automobile insurance claims. Let’s take a look at a few tips for working with a claim:
1. Call your car insurance company as soon as possible. Most general automobile insurance companies want you to contact them within 48 hours. In fact, there can be a time limit requirement of 48 hours. This needs to be your very first priority after filling out the paper work wit the police.
2. This is a step that several people don’t do, but it is well worth your time to do it. Keep a journal. This might sound a little weird, but you never know how things will go. You will want to note what time you contacted your direct car insurance company and who you talked to and what was discussed. The first thing you will want to note is the documentation of the accident and keep all of the paper work from the road police and the other person.
3. Do all that you can to further the car insurance claims process. Make the phone calls, get quotes, shop around and get things moving so that you don’t have to out a car very long. It’s the saying of, “The squeaky wheel gets the attention.”
4. Remember to include in your claim everything in your loss estimates. If it is totaled then you will you might be entitled to the sales tax and registration fees.
5. Give the adjuster and local auto insurance company the benefit of the doubt, but stay on top of things.
Whether it is car auto insurance in Washington, Idaho or New York these tips will apply.
By: Willie James
Car auto insurance is a must if you drive a car because you need to be covered in case that you get into an accident. If you have an accident and you do not have the proper insurance coverage then you can be sued and it can cost you everything. You need to realize that the insurance policies cover not only the cars and repairing there damage but also it covers you and the other driver in case you need medical attention. And if you need to go to the hospital that can get very expensive and could cost you a lot out of pocket expense.
Find : Discount Auto Insurance
You need to take advantage of the internet when searching for low cost auto car insurance because there are so many companies that you can get quotes from using one site. We are all busy and do not want to spend days or weeks trying to find the cheapest insurance we want to find it fast and easy. It is also important that you find an affordable insurance and also you need to make sure that you compare policies. You need to have enough insurance coverage in case you are in an accident and it is your fault.
Buy Cheap: Car Insurance
Remember that even though you may think you are a great driver there are situations that happen on the road which are out of your control and you need to have auto car insurance to cover these situations. Spend a little time to search for a low cost policy that cover you in time of need.
By: Bryan Burbank