Insurance: home, car
October 10, 2017
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M One important budget item is insurance. For home, vehicles, possessions. Insurance protects us from losses and ‘shares’ the cost of replacement and repairs caused by accidents and weather.
V V Insurance helps keep us from catastrophic loss that our budget or reserves could not handle, it hopefully keeps us away from financial crisis that could otherwise make us bankrupt. It is important to adequately insure, but not waste by over-insuring. We recommend monitoring and being willing to change companies.
M Its hard to see that insurance bill and wonder if its worth it. Just as important as making sure you have adequate coverage, it checking and comparing regularly.