Hey dad Thanks for meeting I had a few questions about insurance
of course son lets hear them
Home and auto protect our major asest we use every day when we totaled our car auto covered the cost of us buying a new one. Home insurance does the same thing but with out house incase there was a fire or hail storm the insurance company would pay for repairs.
well what are the major types of insurance you and mom pay for and why do they matter?
Our top most important would be homeowners, health, auto, and life insurance
Ive hear all those types before but could you explain further
Of course life and health are the ones that affect the family the most if mom or i were to die life insurance would help the family remain fincalaly stable. Health insurance cover us whenevr someone in the family gets hurt, like when your brother broke his arm.
What about the other two
What about payments?
Payments depend on how much the damage the insurance covers since we have a large family we pay a higher insurance rate on all our insurance so we have better coverage if somthing goes wrong
Wow thanks for paying all those insurance rates i see how they have helped our family in the past.