Some people think that just because they do not use a car very often and only travel a couple of miles when they do that they should not have auto insurance coverage. After all, why pay that much money for a car you drive three miles round-trip twice a week to get groceries from the store? Sure, there is a good argument in that, but there are actually some very valid reasons why you should have coverage regardless of how often you drive and how short the distance.
If you're like most Americans, your house is the most expensive item you've ever purchased, and possibly one of your largest investments. When assessing the amount of insurance you'll need to cover your home, should you look at the cost to fix your house or the cost to rebuild? What about coverage for your personal possessions, or to remove debris remaining after a fire or natural disaster? Read on to learn more about the various factors that may impact the amount of insurance coverage you'll need.