Do you need Insurance?
If you save enough money you can self insure.
But otherwise most people will need insurance to protect themselves and their families if something bad happens.
1. Car Insurance
If you own a car you definitely need car insurance. States require it to drive anywhere.
2. Home Insurance
If you own a home it is a good idea to protect it.
3. Renters insurance
Protect your possessions inside your home.
4. Catastrophe insurance
Primarily flood and earthquake insurance.
5. Travel insurance
If something happens to you overseas this could come in handy.
6. Long-term care insurance
Everyone gets old. This will give you a cushion in old age.
7. Health insurance
Everyone will visit a doctor at some point.
8. Disability insurance
If you get hurt on the job or for some reason cannot perform your job.
9. Term life insurance
Don't do any other form of life insurance.
Term insurance is for a set number of years and costs a set amount each month.
10. Commercial business insurance
If you have any type of business you should consider this.
11. Malpractice insurance
If you are any type of professional you should consider this.