Episode 2
ARE YOU SURE? — The Insurance Gap
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Become a Bunker Dweller
2 ARE YOU SURE? — The Insurance Gap
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BIRTHDAY: Dana White (born 1969) — President of the UFC
THIS DAY IN HISTORY: 1868 — The 14th Amendment to the U.S. Constitution was adopted, granting citizenship and equal protection under the law.
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The Insurance Gap
You have homeowners insurance.
You have renters insurance.
You pay the premium every month.
But here's the question nobody wants to ask until something goes horribly wrong:
Are you sure you're actually protected?
Millions of American homeowners have no homeowners insurance at all. Among those who do, one in five told the Federal Reserve they would prefer more coverage but couldn't afford it.
Renters aren't necessarily doing any better. An estimated 45% of renter households don't carry renters insurance—and having a policy doesn't necessarily mean you've purchased enough coverage to replace everything you own.
Today on Road Rage 101, we're looking at
The Insurance Gap:
How many Americans are uninsured?
How many believe they're protected but may not have enough coverage?
What does "underinsured" actually mean?
And what happens when you discover after the disaster that the policy you've been paying for doesn't cover what you thought it did?
ARE YOU SURE?
Because having an insurance policy and being properly insured aren't necessarily the same thing.
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SHOW CREDITS:
Thank you to my co-host, Ken Madden of MaddK Studio
Jason Radosevich Horrible Designs
Cast:
Kate the Duchess of NJ and John Jamingo of theBoomer Bunker
Aaron of I had to Say it
Boomer Bob of the Boomer Bob Show
Supporters:
Steve McShane of the Razor Wire News
Josh Roberts from New Hampshire
and you can always leave a comment by email: bruce@weatherdsoul.com
