What Gen X Doesn't Know About Their Insurance Policies
The Californer/10270749

NEWPORT BEACH, Calif. - Californer -- Health Insurance

Only 19% of Gen Xers are not insured and if you're one of them, it is time to buy a policy. Medical bankruptcy may result if you are injured or suddenly fall ill and have no health insurance coverage.
(for more on this see link to full article at end)

Car Insurance

Gen X ranks number one for purchasing newer cars which are leased or financed. Lenders require full coverage car insurance, which includes state minimum requirements as well as comprehensive and collision coverage. Consider buying gap coverage too, in case you have a total loss with the car and are left owing a balance after a car insurance claim payout.

More on The Californer

• Felicia Allen Hits #1 Posthumously with "Christmas Means Worship"
• CCHR Documentary Probes Growing Evidence Linking Psychiatric Drugs to Violence
• IEI Introduces HTB-300-MTL-H: Ultra-Compact Medical AI Embedded System
• Mesa West Capital Funds $30 MM Loan for Acquisition of Industrial Asset in San Francisco Bay Area
• 40th Annual California Strawberry Festival Accepting Applications for Arts & Crafts Vendors

Home Insurance

More than half of Gen X own their own homes and homeowners insurance is required with a mortgage. If you're not aware that you're insured, contact your lender and find out who the carrier is on the property and what you're paying each month. It probably went into escrow.

Chances are that you're paying too much for homeowners coverage.

See more about home insurance, commercial insurance and even life insurance by visiting https://smartfinancial.com/gen-x-insurance-guide