Are you kept awake at night by images of a tree crashing through your garage, or a nasty rain storm followed by a flooded basement? If so, you might find comfort knowing your house and belongings are protected by homeowners insurance. However, if you're like most Americans, chances are you didn't read every line of your policy. Grab your paperwork and read the fine print because you might be surprised by these things that are often covered by homeowners insurance policies:
If you have a large family with numerous dependents, or if your spouse counts on your income to live, then it may be in your best interest to invest in a life insurance policy. Life insurance protects your family from financial difficulties in the event that you pass away suddenly or after an illness. If you think that you need a substantial policy, then you will likely be asked to undergo an extensive medical examination.
When your finances get a little tight, it can be tempting to skimp on one or more of your insurance policies in order to save money. While it's true these policies are there "just in case" you have a problem, going without coverage can lead to disaster for your finances later on. There are some policies that should take priority, but there are others that you can put on hold or reduce your coverage in order to save money.
When you start thinking about getting insurance, it can be overwhelming to hear the advice from family and friends. While some people might encourage you to stockpile money and insure yourself, others might warn about the expense of paying for car repairs or a stay in the hospital. However, even the most conservative financial experts talk about the importance of having sound insurance. Because it can be difficult to find the right policies, I decided to create a website completely dedicated to providing free information about insurance. Every situation is different, but if you are like most people, you will need a decent homeowners, medical, auto, and life insurance policy to protect you from unforeseen circumstances.