Reading The Fine Print

dimetime · #1 03-04-2010, 09:30 PM

Having insurance on everything from your car, house and even yourself is important to make sure that if anything should happen you have one less thing to worry about.

Though when your looking into the different types of insurances that are out there you have to make sure that you also read that fine print to make sure that your not going to get into something that you cant get out of later.

When looking into insurances if there is something that you come across that you dont COMPLETELY understand its better to turn to the internet to find out the answer or turn to a friend who would know.

Never sign anything until you have read it completely as well as understand it completely. Insurances are pretty much designed to be confusing so that you personally dont know exactly what your signing and it could be something that you really didnt want to do.

ClassyLady · #2 03-05-2010, 03:05 AM

That is so very very true!!! Another thing is to make sure you have the coverage you want. One thing to look for is this replacement cost insurance. They will not tell you if you do not ask and make sure it is in writing. Plain coverage will depreciate everything if anything happens. And when I say depreciate I mean they do in a big way.

centsgirl · #3 03-09-2010, 11:27 AM

This also goes for any contracts you sign for loans, renting a property, etc.
It is easy to miss something in that small print, so be real careful. It happened to me in a lease before, could of got me in some trouble, but caught it in time.

Rae74 · #4 03-09-2010, 06:55 PM

Be very careful,when you get your insurance.Ask lots of questions,if you can't think of them all at one time write them down.We have a brand new Toyota Tacoma and it was stolen from our yard and missing for four days,we called our insurance company,and the police and reported it.

Well the insurance company would not do anything for thirty days,and when we got the truck back all of our personal stuff was missing.We were moving and had a portable dvd player,a gold chain,a gold ring and alot of tools in the back that my husband uses for work.It was all gone.

We have full coverage and comprehensive insurance on the truck,and they said that our personal belongings were not covered in our policy and they would not rent us a car while the truck was missing and we thought that we had all the insurance for that and we didn't evidentely.