Property and Casualty Insurance: Auto, Home, and Why It Matters

Property and casualty insurance covers the two assets most people own: their car and their home. In this episode, Ryan explains what auto and home insurance actually cover, why auto insurance is required by most states while home insurance is typically required by your lender, and what happens to a financial plan when someone is seriously underinsured after a major loss.Aaron shares a real story about a fender bender that turned into a six-figure personal injury claim, which shows exactly how fast a modest accident can become a retirement-level financial threat. Ryan and Aaron walk through the three things a standard auto policy protects against and when umbrella coverage is worth considering. This is education, not personal advice, so review your coverage limits with a licensed insurance professional.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!