There are two main types of insurance:

Life insurance: Provides a financial benefit to your beneficiaries upon your death.

General insurance:Protects you from financial losses due to unexpected events like accidents, theft, or damage to your property.

Common types of life insurance include term life, whole life, and universal life. Common types of general insurance include auto, home, and health insurance.

Choose an insurer based on:

Price (compare quotes)

Financial strength (check ratings)

Coverage (what’s included)

Customer service (read reviews)

There are two main types of car insurance coverage:

Liability coverage: This is mandatory in most places and covers injuries and property damage to others that you cause in an accident.

Comprehensive coverage: This covers damage to your car from accidents (not your fault), theft, fire, vandalism, and natural disasters.

You can also add other coverages to your policy, such as collision coverage and uninsured/underinsured motorist coverage.

Here are some ways to save on car insurance:

Shop around: Compare rates from different insurers.

Raise your deductible: You’ll pay more upfront if you need to make a claim, but your premium will be lower.

Discounts: Many insurers offer discounts for good drivers, low mileage, bundling policies, and safety features in your car.

Review your coverage: Don’t pay for extras you don’t need.