Which Insurance Products Everyone Needs

by

Jordan Rocksmith

When it comes to insurance, insurance companies want you to believe that more is better. But it’s possible to have too much of a good thing. While you shouldn’t be underinsured, you also don’t need to carry too much insurance. Which insurance products do you really need? Once you have figured that out, you can sign up for insurance at Select Services Agency or another company and stop worrying.

Required Coverage

By law, you are required to have car insurance. You may also be required to carry homeowner’s insurance, especially if you have a mortgage. Both of those insurance products are good to have. It’s actually quite likely that you’ll get into a car accident eventually, taking into consideration how often you will have to drive.

It’s also possible that your landlord requires renter’s insurance. That’s also good insurance to have. Fortunately, renter’s insurance is pretty cheap. And even car insurance and homeowner’s insurance have reasonable premiums, especially if you bundle the policies with one insurance carrier.

Optional Insurance

Nobody requires you to carry life insurance. Nevertheless, you should have this coverage in place, especially if you would be leaving behind one or more people who are financially dependent on you. Without life insurance, your surviving spouse and children will have a hard time, even if you weren’t the sole wage earner. After all, a single parent won’t be able to stay home and raise the kids.

You may also want to consider disability insurance. It’s actually more likely for you to become disabled during your working years than to die. A disability can put a huge strain on your finances, because you have to pay for medical bills without earning any money at all. Additional insurance products may also be advisable depending on your situation. Therefore, you should talk to an agent atSelect Services Agencyor another insurance company about your insurance needs in detail.

Looking for Brooklyn Auto Insurance (

brooklyninsuranceagency.com/

)? Call

Select Services Agency

to get your quote on auto, motorcycle, business, life, home & renters insurance today.

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Which Insurance Products Everyone Needs}