All About Insurance & Risk Management
One of the most important and complex decisions you will need to make when it comes to your personal finances is to determine the kind and level of insurance coverage you need. A lot of coverage will cost you way too much in premiums each month and too little insurance will leave you stranded in an emergency. So, how do you find that middle road?
At The Digerati Life, we’ve spent a lot of time trying to find that middle road for you. We’ve delved into a lot of the complexities that surround the insurance industry and present them in a way that hopefully makes sense to you. We touch on the usual suspects of life, health and auto insurance, but also cover more esoteric matters such as specialty pet insurance and extra benefits offered by your credit card issuer. We discuss the ins and outs of using an insurance agent versus buying insurance on your own, as well as debate the merits of an extended warranty (is it really worth all that extra cash?).
Insurance is an incredibly important part of your overall financial plan and having the right coverage will make the difference between being prepared and being a victim. Check out some of our posts that chronicle the personal experiences of our writers as they work with the insurance industry to address their own insurance requirements. Hopefully, our stories and tips can help you start saving money on this front while allowing you to become better prepared for your rainy day.
Protect each dollar you earn. Make sure that you have the right insurance policies in place and that you are managing your financial risks as well as you can.
When I was in middle school, my parents took me on a road trip to Madison, Wisconsin to see the Badgers play my beloved Iowa Hawkeyes (whom I have since deserted for Iowa State). Not only was it the first college basketball game I had been to, but the first major sporting event of any [...]
Once a year, employees get the chance to evaluate and choose their health care options for the following year — a practice referred to as annual open enrollment. If only one spouse is employed outside the home, or if both work for the same employer, the choice can be simple. If multiple employers are involved, [...]
When I was in high school, I had braces. It was a very unpleasant experience, and when I was old enough to be in charge of my own health care (18), I began skipping the dentist entirely. In hindsight, this was a really dumb decision. When I was about 24, I had a tooth problem [...]
Be aware of the possible dangers and risks that are associated with the holiday season. We discuss those things to watch out for so we can be safe during the holidays. The yuletide season is a time devoted to family reunions, merry-making and giving back. But it’s also a time that can be stressful. But [...]
I can think of a million things I’d rather do than sort out my medical bills and payment issues. But it’s a common complaint. If you’re making an insurance claim, how many times have you had this dialogue with your friendly neighborhood insurance agent? Customer: I’d like to check on the status of my claims [...]
There are a few annoyances that you have to put up with if you live in a pet loving suburb or community. It just goes with the territory. For instance, I was taken aback by one blogger’s lamentation over the fact that her neighbors’ dogs have taken a liking to her lawn, and not in [...]
One of our biggest expenses are those payments we make to cover our medical bills. By thoroughly understanding our health insurance and health care statements, we stand a better chance of saving quite a bit of money. It’s likely that you’re paying thousands of dollars per year for your health insurance coverage. Unfortunately, a lot [...]
Who should have life insurance? Lots of people. We cover a few scenarios that explain why we would need life insurance. Let’s follow a couple through various stages of their lives to see how they set their insurance requirements through the years. Let’s look at different situations where this type of insurance could be advantageous. [...]
Do you ever wonder about why insurance coverage costs the way it does? As consumers, we’re often frustrated about why our policies are priced the way they are and spend a tremendous amount of time shopping around for cheap insurance. Well, allow me to answer some of those burning questions on how insurance companies set [...]