Why do I Need Insurance?

We spend a lot of time focusing on making money, saving money, and investing money to create wealth, but what can be overlooked is protecting that wealth. You can be a terrific saver, investor or entrepreneur and build tremendous wealth, but without proper insurance you may be left with nothing. Many of us pay thousands of dollars a year on various insurance policies, from life, health, auto, and homeowners, but we may not even know exactly what coverage we have or why we have it. Understanding insurance can be tricky with so many companies offering it with so many different types of policies.

In the coming week we will explore insurance in a three part series that discusses what insurance is and policies that you need to have, what types of insurance to watch out for, and how to save money and find the best insurance for your needs.

Part 1 – Insurance you need

Part 2 – Things to watch out for

Part 3 – Shopping around

Filed Under: Insurance

About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and elsewhere on the web. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or Google+.

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