Insurance is often necessary to assist you during unexpected hardships in life. But if you don’t have sufficient coverage, then these emotionally difficult times can become financially devastating as well. The guide below offers information on common categories of insurance so you can make an informed decision.

What Insurance Policies Are Most Worthwhile?

1. Home

Most people think of home as a place of safety. But there’s a risk a tree branch will fall on the roof, a fire will break out, or a thief will break in. Though different policies vary in what they cover, the goal of home insurance is to allow you to restore the property to its former condition and put the bad memories behind you as quickly as possible.

2. Auto

To legally drive a car, you must have a basic policy. However, liability insurance only covers the other driver and their passengers, not damage to your own vehicle or those with you. With 6.3 million crashes reported to the police per year, 2.4 of which resulted in injury, even experienced drivers are likely to run into trouble someday. Therefore, consider purchasing personal injury insurance, as well as collision insurance, so you'll have one less worry on the road.

3. Health

No matter your age or fitness level, an emergency can arise. When it does, don’t let the cost of treatment deter you from seeking the help you or your family needs.

4. Life Insurance

Having life insurance protects your family in the event of your passing. In exchange for a premium, your beneficiaries will receive a lump sum payment to offset the cost of lost income and assist in funeral fees. Some policies even allow you to withdraw sums during your life.

For custom-tailored insurance solutions and exceptional client service, look to Watson State Farm in Broken Arrow, OK. Their mission is to help you manage life’s risks. Call (918) 251-4333 today to request a personalized quote or visit their website for more information on their services.