Week 50 Day 7: Your Insurance Audit: What to Keep, What to Drop, What to Add

Most people are simultaneously overinsured on small risks (low deductibles, extended warranties, rental car coverage) and underinsured on catastrophic risks (insufficient liability coverage, no umbrel...

Most people are simultaneously overinsured on small risks (low deductibles, extended warranties, rental car coverage) and underinsured on catastrophic risks (insufficient liability coverage, no umbrella policy, no disability insurance). An annual insurance audit realigns your coverage with the principle that matters: insure catastrophes, self-insure inconveniences.