How Insurance Works

What Happens If You Don’t Have Enough Coverage


why you buy insurance supposedly is to have peace of mind to know that under some circumstances it isn’t your responsibility meaning you don’t have to pay the money as if their insurance company doesn’t pay for it all then that person might be a target of the person who they’ve wronged coming after them for the difference it could involve taking their personal assets bank accounts their personal property their homes those sorts of things they’re called an empty pocket and even though there’s a judgment against them which would affect that person in a lot of different ways ultimately you can’t get blood from a stone so there would be no personal payment but there would be all these liens and all these judgments against them garnishing paychecks is certainly a possibility there are a lot of possibilities that’s why sleep better at night get the coverage that would protect you against something like that that’s what insurance is for


Leave a Reply

Your email address will not be published. Required fields are marked *