"Nobody should carry less than $500,000 per person" says Jack Hungelmann
Spend your insurance dollars wisely.
"Shift the money around to the things that could wipe you out," says Jack Hungelmann, an agent/consultant with Corporate 4 Insurance Agency of Edina, Minn., and author of Insurance for Dummies
.While most people could cover a $500 deductible, a $500,000 lawsuit would be a different matter. So why do so many consumers pay extra for low deductibles and carry close to the minimum on liability coverage?[...]
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