Is Insurance a Necessity?
Posted on September 28, 2007 in the category
Insurance is something that you do not think too much about until you need it. Whether, it is life insurance, car insurance or home insurance they are all necessary.
I was involved in a hit and run car accident last year and the driver that took off did about $14,000 worth of damage. Without car insurance, I am not sure where I would be.
My parents were also in a similar situation a couple of years ago when they had a house fire. The fire itself only damaged one room, but with the smoke and the water damage the bill was over $100,000. For years, they paid their premiums without giving it much thought. Without insurance, they would not be where they are now.
Tags: car insurance, life insurance, home insurance, insurance, term life insurance
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