insurance

5 Insurance Policies Everyone Should Have

Insurance is never a fun topic for anybody. It can be uncomfortable and confusing, but you'll be thankful you have it when an emergency strikes. Here are five policies you should never be without:

1. 

   Homeowner's Insurance or Renter's Insurance

   Homeowner’s insurance replaces your home and belongings if a natural disaster or burglar damages or destroys your property. Renting? Your belongings aren't covered unless you have renter's insurance.

2. 

   Car Insurance

   Don't drive without car insurance! It's important to have the right kind of coverage and to know how much you really need. Let an experienced agent help you prepare for when life hits you . . . or your car.

3. 

   Health Insurance

   Unpaid medical bills are the number one cause of bankruptcy. Health insurance is a must! There are many coverage options available to fit your family's needs.

4. 

   Life Insurance

   This isn't something we want to think about, but we should. You need to ensure your spouse and children can live comfortably in your absence. Look for a term life insurance policy that replaces 10-12 times your annual income. Avoid all whole life insurance policies.

5. 

   Disability Insurance

   This replaces your income if you are hurt or injured on the job. Many employers provide a small disability policy as a benefit. Find out how much coverage your employer provides. If it doesn't replace at least 70% of your pay, look for an additional policy from an independent agent.