What’s Left of Obamacare, Why You’re Not Covered for Water Damage and 13 Other Crucial Things To Know About Insurance

Woman with question mark sign in front of her face
yavyav / Shutterstock.com

Insurance is one of life’s necessary evils. While no one plans to get sick or have a house fire, you don’t want a tragedy to drain your wallet either. So you pay and pay and pay for insurance coverage and then hope you’ll never have to use it.

Since we’re paying so much for insurance, you’d think we’d all be experts on the subject. Alas, insurance policies have perfected the art of being so complex that even the experts sometimes get tripped up on the details. However, we’re here to shine some light on some common misconceptions about health, homeowner, auto and life insurance.

Keep reading for 15 things that people often don’t realize about insurance. Which ones did you already know?

Read Next
16 Uses for WD-40 That Save Money, Time or Headaches
16 Uses for WD-40 That Save Money, Time or Headaches

WD-40 is handy in a lot more situations than you likely realize.

These Are the 9 Best Benefits of Amazon Prime
These Are the 9 Best Benefits of Amazon Prime

These top-notch perks of an Amazon Prime membership won’t cost you a dime extra.

9 Ways to Boost Your Home’s Curb Appeal for Less Than $50
9 Ways to Boost Your Home’s Curb Appeal for Less Than $50

These products will instantly improve your home’s curb appeal without breaking the bank.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.