Question and answer
What does it mean to have insurance? Why is it important to have insurance? What does it mean to not have insurance—how does it impact others in your life or your community?
People know the importance of health insurance, car insurance, life insurance, and home insurance; yet many people don?t realize the importance of renters insurance. Some people do not even know that renters insurance is an option. [ [ For example: When I first got married and dh and I were renting (this was the first time I'd lived away from home), I honestly didn't know anything about renters
insurance. My parents never told me anything, the apartment managers never mentioned anything... It wasn't until about 8 months later when we were switching our car insurance that the insurance agent mentioned it. I think we paid about $12 per month for $30,000 coverage. (We just had a tiny apartment and not really anything valuable, so figured that was enough.) I won't ever go without it again as long as we're renting. You just never know what might happen. ] ]
Get an answer
Original conversation
User: What does it mean to have insurance? Why is it important to have insurance? What does it mean to not have insurance—how does it impact others in your life or your community?

Weegy: People know the importance of health insurance, car insurance, life insurance, and home insurance; yet many people don?t realize the importance of renters insurance. Some people do not even know that renters insurance is an option. [ [ For example: When I first got married and dh and I were renting (this was the first time I'd lived away from home), I honestly didn't know anything about renters insurance. My parents never told me anything, the apartment managers never mentioned anything... It wasn't until about 8 months later when we were switching our car insurance that the insurance agent mentioned it. I think we paid about $12 per month for $30,000 coverage. (We just had a tiny apartment and not really anything valuable, so figured that was enough.) I won't ever go without it again as long as we're renting. You just never know what might happen. ] ]
Expert answered|BRAINSTORM|Points 3075|

User: What does it mean to have insurance?

Weegy: Getting insurance is all about financial security and finding the best way for you to gain that security. This is why insurance companies such as Optivest, Liberty Life and AllAfrica.com exist. [ The definition of insurance is an agreement to compensate against loss, damage or injury. Of course, you have to make some sort of contribution if you are going to be compensated. The biggest problem that most people have is finding the best insurance policy to suit their individual needs and it is not as difficult as it sounds. The key is to research! ]



Question
Asked 2/21/2013 10:15:32 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What does it mean to have insurance?
Weegy: Having an insurance means that you are guaranteed of your properties, life, and other matters if in case something happens to you. You will sign a contract and that will serve as the basis for anything that might possibly happen. [ There will be an agreed amount for such coverage made by you and the insurance company you are into. :) ] (More)
Question
Expert Answered
Asked 2/21/2013 10:20:30 PM
0 Answers/Comments
21,565,144 questions answered
Popular Conversations
Write the equivalent fraction and percent for 0.28. User: Write the ...
Weegy: What is the ratio? User: write the fraction 5/7 as a percent
7/5/2015 3:50:39 PM| 3 Answers
Which of the following was NOT a characteristic trait of Mao's ...
Weegy: Maoism is his philosophy. link to it : [ ] User: Which of the following was NOT a characteristic trait of ...
7/5/2015 1:41:46 PM| 2 Answers
The cost of goods sold divided by the average inventory equals the ...
Weegy: Cost of merchandise sold equals beginning inventory : Plus net purchases less ending inventory. User: ...
7/5/2015 3:12:36 PM| 2 Answers
After posting is completed in the accounts receivable ledger and ...
Weegy: A subsidiary accounts receivable ledger - or account - is basically a list of clients who are in debt to your ...
7/5/2015 7:22:55 PM| 2 Answers
Weegy Stuff
S
1
L
P
1
1
Points 153 [Total 1559]| Ratings 1| Comments 143| Invitations 0|Offline
S
1
Points 143 [Total 654]| Ratings 0| Comments 143| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 52 [Total 9581]| Ratings 0| Comments 52| Invitations 0|Offline
S
Points 43 [Total 43]| Ratings 1| Comments 33| Invitations 0|Offline
S
1
L
L
Points 24 [Total 8404]| Ratings 0| Comments 24| Invitations 0|Offline
S
R
Points 8 [Total 210]| Ratings 0| Comments 8| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 3 [Total 3]| Ratings 0| Comments 3| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.