I’m not going to bury the lead on this one. How much insurance you need depends entirely on your own personal situation, and how much you want to pay in premium vs. the risks you are willing to take. If you are trying to take on finding the right amount of insurance by yourself, be aware, it is a variable and nuanced problem.
We don’t want to make your brain hurt. Here is how we make it simpler:
1. We focus on the most important coverages that can cause the greatest financial impact.
2. If you already have coverage, we start by matching to that as a foundation. Then we recommend including coverages that can cause the greatest financial impact
3. If you are new to this, we provide low-priced, balanced, and great coverage options, so you can compare prices in real-time and make a decision that fits your budget and your needs.
If you are looking for coverage that just meets state minimums, we are not your best bet. Unless it is necessary, we do our best to avoid bare-minimum coverage, because we believe it covers way less than you would imagine, and a big loss can cause catastrophic financial harm.
As my wife tells me every time I’m at the Kohls® discount rack, “you get what you pay for” (I’m sorry Kohl’s®, I still <3 you).
If you are wondering what goes into each of our low-priced, balanced, and great coverage options… well that’s our secret sauce.
No, I’m kidding, only McDonald’s can get away with using a secret sauce.
We regularly release blog posts that talk about the types of coverages and endorsements that are available on our home, auto, renter, and condo insurance policies, and we specifically state what is included in our options, and for how much.
It’s not easy to know exactly how much insurance you may need, but we make it easy for you to compare options and make a decision that fits your budget and your needs, without getting the awkward sales pitch.