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Why Buy Insurance?

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Part of the video series: Insurance Information

Why Buy Insurance?
Buying insurance provides financial security against the unknown, so that financial burdens will lie on th… More
How to Buy Insurance
When buying insurance, discuss insurance policies with an insurance agent or broker to find out what type … More
About Different Types of Insurance
There are many different types of insurance, including health insurance, life insurance and homeowners ins… More
What Is Comprehensive Insurance?
Comprehensive insurance, or umbrella insurance, uses one policy to hold a little bit of coverage for six b… More
What Is Liability Insurance?
Liability insurance provides coverage against harm that you have caused to a third party, such as personal… More
What Is Automobile Insurance?
Automobile insurance covers any damage that occurs to a car, as well as damage that occurs to another pers… More
About Motorcycle Insurance
Motorcycle insurance is similar to any automobile insurance, in that it provides coverage for any damages … More
What Is Renter's Insurance?
Renter's insurance is an insurance bought by tenants to protect them against stolen and damaged items or o… More
Insurance for Trailers
Learn all about insurance and liability for a trailer in this free trailer maintenance video.… More
Why Do You Need Life Insurance?
You need life insurance in order to protect the people in life that are left behind from having to deal wi… More
About Whole Life Insurance
Purchasing whole life insurance is a good way to make provisions for your loved ones should an untimely ev… More
How to Get Health Insurance
In order to get health insurance, contact a health insurance agent or agency, and fill out the necessary b… More
What is AD&D insurance?
If nothing bad ever happened, no one would need insurance. Unfortunately, it does, and buying insurance al… More
How to Keep Your Insurance Rates Low
Auto insurance; it seems like the rates increase every day, right? However, there are ways we can help kee… More

Summary: Buying insurance provides financial security against the unknown, so that financial burdens will lie on the insurance company instead of the individual. Learn about different types of insurance, including health insurance, car insurance and life insurance, with tips from an insurance agent in this free video on insurance.

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Presenter

By Vic Schumacher
eHow Presenter

Vic Schumacher is part of HPE Financial Services, a brokerage insurance company representing all major carriers. He works with businesses, families and individuals, helping them to...read more

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knickar said

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on 7/28/2009 Great Article!

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Video Transcript

"Hello, my name is Vic Schumacher with HPE Financial Services. Today we're going to talk about why even buy insurance. Well I'm an insurance broker and represent a variety of insurance companies. Insurance it self by generic definition is replacing an unknown with a sense of security. If you have a home or apartment I bet you have a key hidden somewhere. That key is to allow you to get in to your place and you locked your door behind you and left your key somewhere. That's insurance. If you work with the person and you feel as though that person can substitute for you if you get sick, that's insurance. It's a back up. Insurance itself is to take away the unknown. You buy insurance for yourself. You buy insurance for other people. You buy insurance to make sure that the people will be taken care of in the event that your not there to take care of them. You buy insurance for your health. You buy insurance for your car. Insurance gives you piece of mind. That's why you buy insurance. My name is Vic Schumacher. HPE Financial Services. Helping people everyday."

eHow Article: Why Buy Insurance?