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
25,364,959 questions answered
Popular Conversations
A geocentric system is ...
Weegy: A geocentric system is Earth-centered. User: In the past, astronomical observations were an important part of ...
5/29/2016 1:57:09 PM| 3 Answers
coercive
Weegy: The Coercive Acts were meant to reverse the trend of colonial resistance but actually provoked higher levels of ...
5/29/2016 3:19:03 AM| 2 Answers
Which of the following statements does NOT describe how teens can ...
Weegy: In order to gain the maximum benefits from an exercise program, you should include both cardiovascular training ...
5/29/2016 9:17:54 AM| 2 Answers
The wicked witch and the big bad wolf are examples of A. ...
Weegy: A. Dynamic Characters, characters you know and love from fictional stories. User: If an author wanted to ...
5/29/2016 11:33:48 AM| 2 Answers
In order to minimize the difficulty associated with meeting monthly ...
Weegy: In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should ...
5/29/2016 9:21:26 PM| 2 Answers
Why are closing costs a one time fee?
Weegy:
5/30/2016 12:02:23 AM| 2 Answers
What is Marasmus? User: What is kwashiorkor?
Weegy: Kwashiorkor is a childhood disease that is caused by protein deprivation. User: What is ketosis? User: ...
5/30/2016 9:38:40 AM| 2 Answers
Which of the following is known to increase an individual's chances ...
Weegy: Diabetes is characterized by excessively low blood sugar levels. Yes, this can be true about diabetes. User: ...
5/30/2016 8:09:40 PM| 2 Answers
Weegy Stuff
S
Points 734 [Total 734] Ratings 10 Comments 614 Invitations 2 Offline
S
Points 715 [Total 715] Ratings 13 Comments 585 Invitations 0 Offline
S
Points 646 [Total 646] Ratings 0 Comments 646 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 299 [Total 12551] Ratings 2 Comments 279 Invitations 0 Offline
S
L
P
P
P
Points 166 [Total 3543] Ratings 0 Comments 166 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
L
Points 24 [Total 4116] Ratings 0 Comments 24 Invitations 0 Online
S
Points 14 [Total 345] Ratings 0 Comments 14 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 1 Comments 2 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.