Buying insurance is the most common way that people manage risk and loss. There are many different ways to buy insurance. With so many sources of information and policies available, deciding what to purchase can be difficult, especially when it comes to comparing price and coverage.
Even if you purchase insurance, owning insurance is more than just paying the premium. It also means knowing what coverage the policy offers, should you experience a loss.
The following resources can help ensure that you have the protection you need, when you need it.
Considerations in Choosing a Health Insurance Plan (audio; 1:58) — Comparison shopping can save you dollars; this is even more important in looking at the various health insurance plans to choose from. Transcript
Review Your Insurance Coverage Before Disaster Strikes — Be ready for disaster before it happens; check out how your property is insured.
Home Insurance Claims — Provides an overview on making claims on your home insurance policy.
List It or Lose It: The Case for Household and Property Inventory — Tips for doing an inventory of your personal property.
Other Recommended Resources
Meeting Your Insurance Needs — Insurance is the primary way you protect yourself against financial loss caused by illness, accidents, and other destructive or damaging events.
Disaster Recovery — Offers families new or additional resources following a disaster. Includes the Recover After Disaster: The Family Financial Toolkit.
Dollar Works 2 — Teach others how to manage their personal finances and make sound decisions about money. This comprehensive curriculum has a unit on Managing Risk with Insurance.
Insurance — Minnesota Department of Commerce — The "go to" source for insurance information for Minnesotans. Information on consumer alerts, auto and leisure, home and property, medical and health, and more.