Among the most confusing areas of personal finance is insurance. Life insurance policies can be a complex amalgam of insurance and investment vehicles. Auto insurance levels are designated by cryptic series of numbers such as 100/300/50. And homeowners' policies can leave you homeless if you forget to account for the cost of rebuilding your house after a disaster.
In this series of columns,
contributing editor Vern Hayden examines the basics of the three most common types of policies: auto, home and life.
Deconstructing a Fender-Bender
Crash Course on Auto Insurance Coverage
Reading the Fine Print on Your Homeowners' Policy
An Upbeat Take on Life Insurance
Calculating Your Life Insurance Needs
Term vs. Whole Life: The Insurance Debate Continues