Do you understand the serious risks and disadvantages of being uninsured?
When you look at your budget, you probably always look for ways to save money. After all, who doesn’t want to keep a little more cash in their pockets? All too many people have been tempted to achieve that goal by dropping their insurance coverage, though. So you can overcome this temptation, here are the major disadvantages of not having the right policies in place. Being uninsured will put you at risk in the following areas:
- Bank Account: The main reason you get life insurance is to protect yourself against having to foot the bill for a major expense, right? Why would you think that need would go away after you drop coverage? So you are never stuck trying to cover the cost of rebuilding your home or replacing your car, keep the right policies in place.
- Family: If you drop coverage and later discover that you need it, you will have to find a way to come up with the money – fast. Your family will probably feel badly for you, and may even give you the money you need. Sure, it would cover your bills, but at what cost?
- Mental Health: Without insurance coverage, you will be left to worry about the major expenses you could face. Hearing about a fire in your area will cause your blood pressure to spike, and seeing the car behind you coming up a little too fast will leave your heart racing. Spare yourself the stress; buy insurance coverage and buy yourself peace of mind, too.
Are you leaving yourself seriously exposed by living life uninsured? To talk to a dedicated agency who will ensure you have the policies you need, contact The DiForte Agency. Serving Staten Island and the rest of New York, we are committed to helping people get the coverage they need to protect their bank accounts, their families, and their mental health.