Eight Rules For Buying Insurance Of Any Kind
Here are some great tips to keep in mind as you consider your personal insurance options. For a more detailed discussion of each point, be sure to click on the "Read More" button below...
Rule 1: Buy Insurance Only for Financial Risks You Can’t Afford to Bear on Your Own
Rule 2: Buy from Insurers Rated A or Better by A.M. Best
Rule 3: Shop Around
Rule 4: Never Lie on a Policy Application
Rule 5: Don’t Buy Specific-Risk Policies—Buy General Policies Instead
Rule 6: Never Cancel One Policy until You Have a Replacement Policy in Place
Rule 7: Get a High Deductible
Rule 8: Use the Money You Save on Insurance Payments to Beef Up Your Rainy Day Account

