Insurance 

Insurance protects you from financial loss. By paying a small amount of money each month (called a premium), the insruance company will cover you when you face large, unexpected costs. 

Why Do I Need Insurance?

How Does Insurance Work?

• You pay a premium (monthly or yearly)

• If something covered happens, you file a claim

• The company helps pay for the loss (based on your plan)

Important to Consider: In the United States, insurance is a highly controversial topic. Why? Many feel that companies put profits over the needs of the customers, denying claims under the reason that it is not covered in the plans they purchased. Thus, insurance has earned a reputation as a "necessary evil". 

What Are Common Types of Insurance?

• Health Insurance - Helps manage expenses, reducing costs at "in-network" providers and limiting the amount of money you spend out of your own pocket each year

• Car Insurance - The insurer provides financial protection against physical damage to your vehicle, after accidents, theft, or other incidents 

• Renters or Homeowners Insurance - Renters insurance protects a person's personal belongings, liability, and additional living expenses, but not the building structure

Homeowners Insurance covers the house's structure itself, other structures, personal property, and liability for owners

Filing a Claim

Choosing the Right Insurance Plan 

When choosing an insurance plan, consider what your needs and circumstances may be. Figure out the type of coverage you may require, and the level of coverage needed. Also consider factors like your health, property value, and budget. Then, research and compare different insurance providers, considering their plan options, costs, limits, and any additional benefits offered.

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