3 Types of Insurance You Might Need

Money does the most good if you do something preventative, rather than something remedial.
— Harriet Stimson Bullitt

Life can change dramatically. Making sure you’re covered is important, and while insurance might seem like a burden, it is necessary. Learn more about insurance below and don’t miss our “Facing Your Finances: Understanding Insurance” class on September 27.

If Someone Depends On You, You Need Life Insurance

Life insurance is designed specifically for those who have someone depend on them financially. Whether it be your spouse, children, nieces, nephews, siblings, having life insurance makes sure they are protected when you pass. Without life insurance, families are left  to rely on their own resources which might not be enough to cover everyday expenses. Make sure you consider the right type of life insurance for your family.

Insurance Isn’t Just For Homeowners

If you owe debt on a home, then you know that homeowner’s insurance is required because your lender wants to protect its asset. The same thing goes for a landlord. Most landlords (if they’re smart) require renter’s insurance, which basically protects your belongings in case of fire, theft or flood. Renter’s insurance is generally another $10 or so a month and is worth every penny.

Car Insurance Might Not Cover Everything

Car insurance is a necessary evil, but how protected should you be? If you aren’t worried about your car at all, liability is the way to go, but if you don’t want to spend the money replacing your car in the event of a total loss, you might need to add more to your insurance policy. Talk to your insurance agent for a full discussion of what exactly is covered in your policy. It could save you a lot of money if you get into an accident.

The “Facing Your Finances” series is sponsored by Brock Insurance Agency, a leader in the insurance industry for over fifty years. BIA’s commitment to its customers, staff and community are evident every day as they continue to provide protection for those around them.