Knowing about insurance can only bring you benefits.
Some of us may have some form of insurance but very few really understand what it is or why one must have it.
Cover the building you live in and your personal belongings inside against different kinds of perils.
These include personal injury liability coverage and property damage liability coverage.
You need to buy such coverage so that you can have your medical bills covered in case you get sick or injured.
With this type of coverage, you are financially protected in case you default on a loan.