https://www.youngadultmoney.com/insurance-policies-for-millennials/ Make More. Save More. Live Better. Thu, 17 Dec 2015 18:31:11 +0000 hourly 1 https://wordpress.org/?v=6.6.2 https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24664 Thu, 17 Dec 2015 18:31:11 +0000 http://www.youngadultmoney.com/?p=20878#comment-24664 Chonce That’s a good goal! It definitely pays to shop around just in case. Getting ripped off on insurance isn’t fun.

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24663 Thu, 17 Dec 2015 12:24:32 +0000 http://www.youngadultmoney.com/?p=20878#comment-24663 I have all of these except life – which is reallllly bad since I’m a mom :/ My fiance has life insurance and when I look at his policy I feel like they’re ripping him off so it makes me a little scared. One of my goals for 2016 is to compare life insurance and sign up ASAP.

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24660 Thu, 17 Dec 2015 06:40:50 +0000 http://www.youngadultmoney.com/?p=20878#comment-24660 EverydayMoxie That’s definitely understandable! I’m in the same situation.

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24659 Thu, 17 Dec 2015 03:44:00 +0000 http://www.youngadultmoney.com/?p=20878#comment-24659 I have all of these except life insurance. I’m not married and I don’t have a kid, but when either of those things happen, I will sign up for both life & umbrella insurance.

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24655 Wed, 16 Dec 2015 17:41:42 +0000 http://www.youngadultmoney.com/?p=20878#comment-24655 lifeandabudget1 It’s crazy how fast a year goes by! I’ve been guilty of sticking with the same auto insurance only because it was much, much cheaper than any other alternative I had at the time. But that may have changed!

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24654 Wed, 16 Dec 2015 17:40:50 +0000 http://www.youngadultmoney.com/?p=20878#comment-24654 ferventfinance I did stipulate that millennials who have dependents or cosigners would benefit from life insurance. I don’t have a need for it at this point, either. Everyone’s situation is going to be different, but it’s at least worth thinking about because many millennials are NOT thinking about insurance, and that in itself is a mistake. They should be aware of the various benefits and choose whether or not to self-insure. 
From various studies I’ve seen, most millennials don’t have a positive net worth, and losing possessions would set them back. We always come back to the fact that personal finance is personal for a reason; we have to make decisions that will benefit us the most, but part of that is knowing our options.

]]> https://www.youngadultmoney.com/insurance-policies-for-millennials/#comment-24653 Wed, 16 Dec 2015 17:13:11 +0000 http://www.youngadultmoney.com/?p=20878#comment-24653 I have everything, but you’re right…it’s time for an annual review to see if I can save on home and auto elsewhere.

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