Insurance is an essential risk management tool
Insurance is a broad field and there are different types of insurance policies. Unfortunately, insurance is also complex and intimidating. Jones & Maulding can simply things and make insurance less intimidating. They offer a wide range of insurance products and solution throughout Agoura Hills CA, Camarillo CA, Carpinteria, Moorpark, Oxnard CA and Santa Barbara. They can help you with home insurance in Agoura Hills CA, car insurance Camarillo CA, business insurance Carpinteria, medical insurance Moorpark, life insurance in Oxnard CA or travel insurance in Santa Barbara.
The main thing to understand about insurance is that it is a risk management tool. Insurance protects your financial interests when things go wrong. And things often go wrong. Insurance is not about winning, but rather about not losing. You won’t make money out of insurance. The only type of insurance where someone can become wealthy is life insurance, but that is another story altogether.
Normal insurance won’t make you rich, but it it can save you from financial ruin and devastation. What happens if your house burns down and you don’t have property insurance? What happens if someone sues you for bodily injury and damages after a car accident? – you will hope and pray that you have liability insurance.
In this world you simply face to many risks to chance it without insurance. Some types of insurance are actually and these include auto insurance and health insurance. If you finance certain assets the bank or company will also insist on adequate insurance as part of the deal.
The most important types of insurance that the average person should have are home insurance, health insurance, auto insurance, liability insurance and disability insurance.
It is also important to know exactly what you are covered for, how much you are covered for and also what you are not covered for.