Am I properly insured?

What should I consider before removing coverage from my insurance?
do I have the funds to pay out of pocket should a claim occur?
Am I willing to take on more of the risk for a lesser premium?
Should I buy more toilet paper?
What is financially catastrophic for me?
What other options should I consider before removing coverage?
Increasing my deductibles
Placing my account on automatic withdrawal-to help with service fees
Requesting a review of all possible discounts
How many loads of laundry do I need to do today?
It's a great idea to remove or reduce third party liability coverage.
What is the best value I get out of my liability coverage?
The insurance company must pay for my cable
The insurance company must pay for my defense
The defense costs provided by the insurance company are typically in addition to my liability limits
Should I reduce my car insurance during the COVID-19 outbreak?
I do not need to carry collision coverage since I am not driving.
False-I should keep collision coverage on the vehicle in the event I need to drive in an emergency
True-there's no need
False-if your vehicle is financed or leased this coverage is typically required
I don't need liability on my vehicle because I am not driving right now.
True-there's no need
False-most states require you to carry liability coverage if your vehicle is registered in the state.
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