<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Insurance
 

Insurance

December 28th, 2014 at 04:50 pm

I am dealing with the insurance company abou the new place. House - no problem, but when it came to contents I realized I have got rid of so much stuff I am now overinsured. Most of my clothes and furniture is second hand, so the company would not give me much for it, and there is quite a bit I would not bother to replace anyway. Not yet a minimalist with only 100 things, but definitely simplifying my life by reducing my possessions.

So I'm working out a list of things I would replace in the event of a disaster and the cost of doing so, buying quite a bit at thrift stores and will insure for that. My plan is to eventually save up that amount in a special fund and self insure.

I think insurance companies play on the fear factor a lot of the time to get us to take out big policies. Yes catatrophes happen, but not that often, or they wouldn't be making a profit. I want to insure myself against reasonable risk, but not get paranoid about losing my possessions.

1 Responses to “Insurance”

  1. Ruth Says:

    You are right, never afraid of losing your possessions. After all, we can't bring them if we die.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]