Why we Pay Too Much for Insurance (& how to Cut your Costs)

Most of us pay too damn much for insurance. Let me clarify… I’m not talking about how we shop for insurance, policy discounts we might be missing out on, or which providers we buy from (although all of those certainly can have an impact on insurance premiums). Rather, I’m talking about the level of insurance coverage that we buy. We give insurance companies too much of our money over our lifetime. And our over-insuring pads their profits at our own expense. Insurance coverage level needs and associated costs, in many ways, are a progressive tax on the poor and unfortunate....

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