Many people (mostly younger) tell me that they don’t need health insurance because they never get sick. Insurance provides protection against a possible eventuality that could financially ruin you and your family. Most people qualify for subsidies to help pay for coverage which makes it affordable.
Another option are short-term plans that have a very low cost and put a cap on maximum out of pocket costs in order to prevent financial ruin. There is no reason to be uninsured.
The same holds true with car insurance. Many people insist on buying car insurance online thinking it is cheaper, only to find out when it’s too late, that they are grossly underinsured.
Uninsured and Underinsured Motorist coverage covers medical expenses (for you and your passengers) should you be hit by a driver that is uninsured or underinsured; it does not cover damage to your vehicle.
Without proper coverage, if you are hit by someone who is uninsured/underinsured, you could be responsible for all your damages.
Similarly, some homeowners carrying only the minimum insurance coverage $15K/$30K are taking a big risk. If they cause an accident that sends one or two people to the hospital, the insurance company will only cover up to $15K total and they are responsible for the rest. They could end up getting sued by their insurance company and either have wages garnished or end up in bankruptcy.
THE MOST EXPENSIVE THING YOU CAN EVER DO IS NOT HAVE ENOUGH COVERAGE! We make sure you are properly covered to protect your assets.
Free quotes and insurance reviews take us a few minutes and could save you from financial ruin.
If you can crash it, burn it, break it, earn it we can insure it! We shop it, you save!
Get it done right the first time with an expert and save. Insurance Shops is located at 246 Bustleton Avenue, Feasterville.
Call us at 215-613-4999 or visit www.insshops.com.
PHOTO CAP: Insurance Shops employees are waiting to help you!