Everyday Preparedness - Insurance
Everyday Preparedness Series: Homeowners Insurance How many of us look forward to using our homeowners coverage? Yikes. Nobody. It means something bad happened and it will take time and resources to recover. Yet, we carry insurance anyway as a way to trade a small, predictable cost today for protection against a massive, unpredictable catastrophe tomorrow. Insurance isn't about hoping for the worst; it's about planning so that the worst can't wipe out everything you've worked hard to build. It buys peace of mind, allowing you to live your life without the constant fear of a single accident disrupting your financial future. I recently discovered our home was under insured for replacement cost. Not by a lot, but enough to make a meaningful difference. It's an "out of sight, out of mind" part of life. Who really wants to think about it when there are so many higher priorities in our lives. Until there isn't. Hence the focus on everyday preparedness and ...