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The Importance Of Property Insurance

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Insurance Insider The basic goal behind buying insurance is to make you financially whole following a loss. You agree to pay a (relatively) small fee to an insurance company today, causing a small but certain loss to you now, in exchange for a guarantee from the insurance company that it will bear the burden of a large but uncertain loss in the future. Let's say that you have a house that you own, free and clear - with no insurance. As long as you continue to pay your property taxes, you have every right to enjoy the ...

Insurance Expert on November 11, 2009 0

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Insurance 101 For Renters

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Insurance Insider Even if you don't think you've got anything of great value, you probably do - more than you could comfortably afford to replace in the event of a bad burglary or a fire. No matter how careful you may be with your own apartment, you can't control your neighbors. They can leave your security gates open, buzz ill-intentioned strangers into your building, or fall asleep with a cigarette in hand and start a serious fire. While your landlord's insurance may cover the building itself, the insurance will not cover the contents of your apartment. Additionally, if a visitor to your apartment were to hav...

Insurance Expert on November 5, 2009 0

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