Insurance basics for beginners: how not to overpay

Insurance should protect you from major risks, not from everything at any price. A basic plan and a few comparisons are usually a better starting point.

Auto insurance

Compare at least three quotes and look beyond the monthly price. Check deductibles, coverage limits, and exclusions.

Health insurance

Review the provider network and the real post-deductible costs, not just the monthly premium.

Renter's insurance

This is often an inexpensive policy that can pay off quickly after theft, fire, or accidental damage.

Checklist

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