Home Owner & Auto Insurance Questions and Answers

March 3, 2009

Homeowners insurance and auto insurance are important financial tools to help protect you against catastrophic loss and financial ruin in the event of an accident or disaster.

Of course, we often feel like we’re paying too much for insurance and sometimes worry that insurance companies are taking advantage of us when we don’t agree with or understand how they process our claims.  Since Erik used to work in the insurance industry, he has some pretty good insights into how things worked so we decided to put together a short series on home and auto insurance for you.

We started off with the basics, insurance policies 101, understanding insurance policies and claims.  Then Erik offered some valuable tips on how to file an insurance claim so that you get the money you deserve when you send in your paperwork for an accident or incident.  The next topic he covered was how to get extra protection with insurance endorsements, also known as policy riders.  We rounded out the insurance coverage with 7 things your insurance company or insurance agent won’t tell you.

Hopefully you’ll find something helpful in some of these insurance tips.  Let us know if there are other insurance topics you’d like to see covered here.


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Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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3 Responses to Home Owner & Auto Insurance Questions and Answers

  • Kristy

    My mother’s home burned tonight. When my brother called the insurance company for her (she has had a stroke) he was told that while she still maintained insurance on her car, boat, life, etc… for some reason the agent has let the home insurance lapse without her knowing. What can she do???PLEASE HELP!!!

  • Grant Baldwin

    Even though a lot of us read one another’s financial blogs and already have a good grasp on the 101 concepts, I always seem to learn something new and it’s always a good refresher for things to be aware of.

    Thanks for the insurance refresher!

  • Nate @ Debt-free College

    This does not really pertain to auto insurance, but I would enjoy a article about business liability insurance.