Part 3 of our insurance discussion!

Episode 78: All Things Insurance Part 3

In this final installment of the All Things Insurance series, Nakiea and Keysha pick up where they left off in the previous part, diving deeper into the topic of insurance. They emphasize the significance of having insurance and explore various policy options, as well as offer advice on preparing for a potential claim. Additionally, they stress the importance of filing claims promptly, especially in the aftermath of a disaster or incident.

Conversation Highlights:

[00:00] - Intro

[00:11] - General liability policy and worker's compensation policy

[02:29] - Who needs a workers' compensation policy, and who doesn't

[06:20] - Homeowners insurance vs. renter's insurance

[07:23] - How to determine the value of your possessions

[09:01] - Homeowners insurance comes with medical coverage

[09:52] - The different options for homeowners insurance

[11:17] - Importance of not filing excessive claims

[13:05] - Things to take into consideration whether you are a renter or a homeowner

[14:02] - Don't lie to save money when applying for homeowners insurance

[15:13] - Factors affecting insurance premiums

[17:27] - Car insurance and how it works

NOTABLE QUOTES:

[05:57] - "Owning a business is very popular right now that people forget the legal aspect of the business."

[09:01] - "Another thing about homeowners insurance that a lot of people don't know a lot of times when it comes to a liability, and it can come with medical coverages." 

RESOURCES:

Podcast Instagram: @21minutesorless 

Nakiea’s Instagram: @missbutterfly21 

Keysha's Instagram: @keyshamilana 

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