Life insurance

It is a phrase coined by college graduates who are entering the work force. It is a phrase used by young couples as they enter into their married life together. It is a phrase whispered by new parents as they put their first child to bed at night.
For anyone who has entered the “adulting” stage of their life, it is important to make sure that you have the proper insurance coverage that you need. From home insurance to vehicle insurance to life insurance, taking the time to figure out the policies that you need can pay big dividends in the long run.
Home Insurance and Life Insurance Help Americans Protect Themselves from Unexpected Situations
For many Americans, going through day to day life without the necessary amount of life insurance, car insurance, and
property insurance is simply an invitation for disaster
. You do not need to see a historic flood to understand the devastation that can befall a family that is not properly insured. Neighbors who unexpectedly lose their major income to death or church friends who cannot replace their car after an insured accident all serve as powerful reminders of what can happen if insurance policies are not up to date.
Getting life insurance quotes, in fact, is a first step in the life of many married couples. While it may have been acceptable to be single and have no insurance, once married these policies are seen by many as a must. When a family moves to the point of having children, the decision to update and increase life insurance policies makes sense as well. Consider some of these statistics the trends of today’s insurance policies:

  • 95% of homeowners have homeowner’s insurance, according to a 2014 Insurance Information Institute poll conducted by ORC International.
  • 37% of renters have renter’s insurance, according to a 2014 Insurance Information Institute poll conducted by ORC International.
  • 7.2% of homeowners filed a claim in the year 2012.
  • $3,231 was the average auto liability claim for property damage in 2013.
  • $15,443 was the average auto liability claim for bodily injury in 2013.
  • Average auto insurance expenditures decreased from $799 in the year 2007 to $797 in the year 2011, according to a National Association of Insurance Commissioners December 2013 report .

Proper Insurance Coverage Can Help Americans Avoid Some of the Messiness of Life
What a mess.
As the morning new reports continue to document the historic flooding in Southern Louisiana, viewers across the nation are confronted with images that are heartbreaking, devastating, and messy. The mess of mud, water, and mold damage that thousands of Louisiana residents are facing. And while the American Red Cross and other public agencies reach out to the nation as a whole for donations and assistance, individual homeowners may again question the insurance coverage that they have.
As the news so frequently reports, new laws put into place since the devastation of hurricane Katrina requires homeowners to purchase special insurance to receive flood coverage. Unfortunately, the news is also reporting that of the thousands who have been forced out of their homes, a mere 30% have the proper flood insurance to help them recover from the damage.
Nothing does more to create a sense if unease in the minds and the hearts of Americans than to see others suffer from a fate that could have possible been avoided. And while no one can stop the rains or predict the historic flooding that continues to haunt America, individual homeowners sometimes see disaster as a wake up call for checking their own insurance coverage.
As politicians across America point fingers at each other about who should be visiting the Louisiana flood areas when, many Americans are taking a more productive approach to the situation. While some may be finding ways that they can donate to their local Red cRoss chapters, others are reexamining their lives and determining if they have the insurance coverage they need.
Today’s morning news programs are a listing of many of the situations in life that Americans find the most troubling. In an effort to combat that bad news feel that can become over powering, however, it simply makes good sense to contact insurance experts to see if you, your family, and your property are covered in the event of an unexpected situation.

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