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Published:
May 22, 2009

Insurance for Dummies, 2nd Edition

Overview

This is your guide to getting the best insurance policy! Are you intimidated by insurance? Have no fear ― this easy-to-understand guide explains everything you need to know, from getting the most coverage at the best price to dealing with adjusters, filing claims, and more. Whether you're looking for personal or business insurance, you'll see how to avoid common pitfalls, lower your costs, and get what you deserve at claim time.

  • Get to know the basics ― understand how to make good insurance decisions and reduce the chances of a financial loss in your life
  • Take your insurance on the road ― manage your personal automobile risks, handle special situations, insure recreational vehicles, and deal with insurance adjusters
  • Understand homeowner's and renter's insurance ― know what is and isn't covered by typical

policies, common exclusions and pitfalls, and how to cover yourself against personal lawsuits

  • Buy the right umbrella policy ― discover the advantages, and coordinate your policies to cover the gaps
  • Manage life, health, and disability risks ― explore individual and group policies, understand Medicare basics, and evaluate long-term disability and long-term-care insurance
  • Open the book and find:

    • The best life, health, home, and auto policies
    • Strategies for handling the claims process to get what you deserve
    • Tips on adjusting your deductible to suit your lifestyle
    • How to navigate healthcare policies
    • Ways to reduce your risk and your premiums
    • Common traps and loopholes
    • Considerations for grads, freelancers, and remote workers
    Read More

    About The Author

    Jack Hungelmann has more than 2,000 hours of insurance education and has been in private practice for more than 30 years. He is the proprietor of an independent insurance agency, and he teaches risk management and insurance courses through continuing education programs in Ohio and Minnesota.

    Sample Chapters

    insurance for dummies, 2nd edition

    CHEAT SHEET

    Health insurance, car insurance, and life insurance are a part of everyday life. Making a list of all your insurance policies helps you keep track of them, and also serves an important purpose for your loved ones if the day comes when your life insurance policy is activated. You may also want to review your umbrella policy and fix any gaps in your coverage.

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    Articles from
    the book

    It may not be a particularly welcome thought, but you generally purchase insurance for when things go wrong, and death is the last thing that will go wrong for you in this life. But the list you make now — and update annually — of your insurance policies can save your loved ones a lot of headaches at a difficult time.
    Health insurance, car insurance, and life insurance are a part of everyday life. Making a list of all your insurance policies helps you keep track of them, and also serves an important purpose for your loved ones if the day comes when your life insurance policy is activated. You may also want to review your umbrella policy and fix any gaps in your coverage.
    When you’re in a car accident, it’s easy to forget what information you need — you’re shaken up and rattled. But for your insurance company and that of any other people involved, carry a copy of the following list in your glove compartment so that you get all the information you need to protect yourself and expedite your insurance claim.
    You purchase umbrella insurance so that you’re covered under every contingency. An umbrella policy should also provide coverage for the gap between the value of the insured item and the amount you owe on it. The following table lists basic umbrella coverage every umbrella policy should include: Gap Description What Coverage You Need Comments Territory of coverage Worldwide Make sure lawsuits outside the U.
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    Frequently Asked Questions

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