There are so many different types of insurance available to Americans that it can be overwhelming. Whole life, disability, longevity ins, mortgage protection, pet ins, cell phone ins, but there are really three specific types of insurance that almost all adults need.
Renters / Home Insurance:
Renters or Home Policies are very similar forms of insurance. Both generally cover you for liability, personal property, and loss of use. Home Ins. additionally covers the structure when you own it. The moment that you are free and clear of your parents insurance policy, perhaps when you graduate from College or High School, “You Should Purchase a Renters Insurance Policy.”
A small amount of coverage for your personal property is helpful, but really its the liability insurance that you want and need. Liability insurance can helpful for various situations that you can find yourself in.
Add in a personal injury endorsement to expand … Read More