People typically have health insurance and auto insurance, and sometimes they also buy renters’ or homeowners’ insurance. The areas between standard insurance coverage contain hidden gaps that can create financial disasters for budgets. The silent dangers that occur infrequently do not receive media attention, but they strike quickly and show no mercy. Numerous families hold false beliefs about their insurance coverage, yet remain uninsured. So this matters. A single mistake in insurance coverage can push financially secure families into financial difficulties.
