Tuesday August 26, 2008 - Catastrophe Planning: Insurance

[0:00] ..." Catastrophe planning that's the topic here on WBZ news radio 1030 with certified financial planner -- and today we're looking at one of the most important. Segments of catastrophe planning and that's having enough insurance. You know as one prepares for catastrophe consider insurance as a financial tool Anthony. The tool that allows us to protect the ones we love the stuff we own houses to sleep tonight. It keeps -- families financially safe and you need to know what risk human face financially and learn to manage them by using insurance homeowners. The issue adequately insured at least 80% of value her home makers -- home prices dropping. Most people definitely are insured"...

[1:02] ..." bank he may be to put those pictures in memory sticker disk EZ EM you know and and generally have to do was. Take that right. Homeowners policy will cover you for people -- caves through thin. If that 200 year old tree falls in the driveway Europe going to be responsible for cutting in up in getting hauled away truthful cover that. Just you have an earthquake. And we had. Earthquakes here in in New England you -- grumbles I have been through three of them living in western Massachusetts a tornado just a few weeks ago in New Hampshire right and so know what's covered you may not be covered unless you have special insurance. Flood insurance also. Again pipes burst. Basement flooded you're covered. If that creek in the backyard. Floods because we've had twelve inches of rain during a hurricane and not covered you're not government should fund insurance. Check with your insurance agent and know. If the catastrophe does hit what you covered for. Auto insurance -- exposed to dirty term Massachusetts and they should have insurance but guess what. People do all the time. So be sure that you have coverage for under insured or uninsured drivers I was surprised Sony people driver over the insurance and open. You know and and they'll borrow somebody's -- car. Which is even worse. So Massachusetts also was one of the"...

[0:00]" Catastrophe planning that's the topic here on WBZ news radio 1030 with certified financial planner -- and today we're looking at one of the most important. Segments of catastrophe planning and that's having enough insurance. You know as one prepares for catastrophe consider insurance as a financial tool Anthony. The tool that allows us to protect the ones we love the stuff we own houses to sleep tonight. It keeps -- families financially safe and you need to know what risk human face financially and learn to manage them by using insurance homeowners. The issue adequately insured at least 80% of value her home makers -- home prices dropping. Most people definitely are insured for 80% of the value your home. Few valuables are collectively you're keeping your home consider adding a writer to the policy this'll be special items are insured. Point collection. Oriental rugs -- great grandmother's silver a stamp collection cabinet full of antique pocket watches. You know their value get them appraised -- adequately insured and take pictures of them and keep copies of those few disaster bank he may be to put those pictures in memory sticker disk EZ EM you know and and generally have to do was. Take that right. Homeowners policy will cover you for people -- caves through thin. If that 200 year old tree falls in the driveway Europe going to be responsible for cutting in up in getting hauled away truthful cover that. Just you have an earthquake. And we had. Earthquakes here in in New England you -- grumbles I have been through three of them living in western Massachusetts a tornado just a few weeks ago in New Hampshire right and so know what's covered you may not be covered unless you have special insurance. Flood insurance also. Again pipes burst. Basement flooded you're covered. If that creek in the backyard. Floods because we've had twelve inches of rain during a hurricane and not covered you're not government should fund insurance. Check with your insurance agent and know. If the catastrophe does hit what you covered for. Auto insurance -- exposed to dirty term Massachusetts and they should have insurance but guess what. People do all the time. So be sure that you have coverage for under insured or uninsured drivers I was surprised Sony people driver over the insurance and open. You know and and they'll borrow somebody's -- car. Which is even worse. So Massachusetts also was one of the lowest seat belt usage is in the country. This is not something we should be product buckle up occasionally law thank you so much in check the website wbz1030.com. More. On WB -- and tomorrow on WBZ news radio 103."