Insurance can be very confusing.  From homeowners to renters to auto, it’s often hard to know how much coverage you need.  Today, Paula is joined by Stacey Hill of Farmers Insurance to break it all down.

We start with auto insurance and what all the numbers and slashes on your policy mean.  Often, our top priority is to keep our premiums down, but Stacey explains what other factors need to go into those decisions.

Paula asks about umbrella policies, which can have an important place in your financial picture.  But often, you need to meet certain coverage minimums in your other insurance plans before you can qualify.

Next, Stacey walks us through renters’ insurance.  There are Parts A-D, and many renters aren’t aware of all the coverage they have – from loss of use to separate structures to replacement costs.

With homeowners insurance, Paula was surprised to learn that the claims follow the address, not the policyholder.  Stacey explains why.

Finally, we cover the factors you should consider when choosing your various insurance coverage.

Want to learn more?

Call or Text Stacey Hill at 248-605-7678, or send her an email.  SHill@farmersagent.com

If you’d like to learn more about Paula’s work as a financial coach, you can reach her at PaulaChristine.com, or send her an email: Paula@PaulaChristine.com