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Types of Insurance?

Auto Insurance
Most states require by law that you have basic auto insurance. A vehicle is not only an expensive item, it is also something that can cause injury. Most automotive insurance policies cover bodily injury or death of another person in an incident that you are legally responsible. This is why car insurance is important.

Home Insurance
Homeowners insurance is mandatory when you have a mortgage. Mortgage lenders require you to have homeowners insurance in order to borrow money from them. Home insurance also protects you if you're legally liable for someone's injuries on your property, as well as from financial losses caused by storms, fire and theft.

If you rent instead of own, a renters insurance policy is just as important.

Health Insurance
Health is the most important things to every human being. Since your health is important and doctor visits and prescriptions can be costly you need health insurance. People who don't have insurance are charged higher prices for health care than people who have insurance. Insurance companies negotiate with doctors and hospitals to get lower prices for their policyholders.

Life Insurance
Life Insurance is more important if you are married and/or have children. What happens if you were to die? Funerals alone can be expensive and it creates even more stress on the family. Life insurance protects your family and dependent for financial support.
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Breaking Insurance News

Arizona eyes new role on health insurance reviews

Arizona is one of more than two dozen states challenging the federal health care overhaul, but Republican Gov. Jan Brewer's administration is moving to implement part of the contested law by reviewing health insurance rates to see if they should be labeled unjustifiably high. State officials say it's better ...
Congress extends federal flood insurance program for 30 more days

WASHINGTON -- The federal flood insurance program got another 30-day extension from the House on Thursday, while some lawmakers continue to work for the long-term extension they say is needed to ensure its stability. "I support the House version as a temporary extension to avoid a lapse, but getting to ...
Dog bite claims cost insurers $497M in 2011, insurance group says

(AP) LOS ANGELES - Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year.State Farm Insurance, one of the nation's largest home insurers, paid more than $109 million on about 3,800 dog bite claims nationwide ...
U.S. property/casualty insurance companies kick off 2012 with profit

Premium growth and lower catastrophe costs helped allow U.S. property/casualty insurance companies to begin 2012 with positive net income, according to a report released this week by Moody’s Investors Service Inc. The report, “U.S. P&C Insurers’ 1Q12 Earnings Improve on Lower Cats; Pricing Momentum Continues,” noted that “investment income remains ...
Is world outpacing U.S. on health care?

Even as Americans debate whether President Obama’s health-care law and its promise of guaranteed health coverage should be scrapped, many far less affluent nations are moving in the opposite direction — to provide medical insurance to all citizens. China, after years of underfunding health care, is on track to ...


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