Most people just freeze up when the word insurance comes up in a conversation. Sometimes I feel like I know what it’s like to be a celebrity or doctor at the party. People will ask every little insurance question, or tell about a claim they have had, or the worse, talk about how an insurance company ripped them off.
Understanding the actual role insurance should play in the lives of my family makes those situations in my life humors. I can usually figure out exactly why someone is upset or happy about their insurance experience within a few words of their stories. The frustrating part is that people don’t always understand the language of insurance and it‘s amazing after a short conversation how much better people can feel about insurance in general.
I agree, Insurance terms can be complicated especially when reading a policy, when one sentence followed by some other sentence condition or exclusion. The fact is it all the words mean something and understanding what your insurance policy covers and doesn’t cover is part of good family financial management. The goal with my Insurance Blogs is to help make some of the terms real to readers. Please feel free to leave me a comment or send me a message if you have any Insurance questions you have always wanted to ask.
This Week the insurance Blogs I wrote about the annual announcement of the Insurance Institute for Highway Safety Top 13-Safest Pick Awards and the interesting changes the IIHS made to the testing criteria and ranking system. I also wrote about the uproar with automakers about the Forbes Magazine’s 7-Least Safe Vehicles for 2007.
It’s been snowing at my house for several days, and tonight our temperature will drop into the teens, so it seemed like a great time to write about the Second leading cause of damage for homeowners Broken water pipes! With winter right around the corner you might be interested in reading Don’t Let Your Pipes Freeze-Tips to Avoid Home Water Damage. If it’s too late and you have a broken pipe be sure to read What to Do When Your Pipes Freeze–Mitigate Your Losses!
I also added to the Blog: How To Have a Claim Free Holiday Season and covered some fire safety tips for outdoor lighting with ‘Tis The Season for Lights and Fire Claims! Tips For Safe Lighting.
And since it’s that time of the year we are all climbing on ladders I thought it might be a good time to write Don’t Fall–Tips to Avoid a Medical Claim Because of A Ladder!
I’m looking forward to this week, planning some interesting information that will make insurance more real to everyday life.
Glossary of Insurance Terms:
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Families.com Blogs are for informational purposes only. Families.com assumes no responsibility for consumer choices. Consumers are reminded that it is their responsibility to research their choices properly and speak to a certified insurance professional prior to making any decision as important as an insurance purchase.