Insurance When It Matters
Insurance When It Matters
Insurance is something that most of us seldom think about. We’ll worry about it when our car insurance or home insurance policies come due but we really don’t worry about it nearly as much as we should. When due dates are approaching we may reconsider our current policy but will normally do so in the context of cost. We’ll consider our options for reducing the cost of insurance be it health insurance, life insurance, or auto insurance. We’ll pay our policy and forget about it. Ask many of us what we are covered for and we’ll probably list off items that are not covered. This results from insurance being setup to be stacked against all but the most expert at insurance. For most of us this realization never occurs because we are fortunate enough to never encounter such tragic situations as flood or wind damage. For a few though this realization comes with extremely tragic consequences. As recent natural disasters have shown many people end up being financially devastated when the insurance company gives them a very hard time in making a claim. They’ll claim the policy doesn’t cover wind or water damage and will point to that as the source of damage. This is a hard way to learn the truth about insurance.
Tags: insurance