MONEY MATTERS

There is no guarantee for anything in life. We may be alive this minute but we will not know what will happen to us tomorrow. Everything in life needs to be insured so that even if we lose it, we can gain something from it. One of the most common insurances available these days is auto insurance. Let me explain the importance of auto insurance. I was in Hawaii last year with a friend on a holiday. He rented a car for the weekend. The car rental company insisted he pay an amount of $5 as insurance for the car. My friend, being very confident of his driving skills ignored the insurance. When he was cruising on the freeway that weekend, a truck tipped him off the road and the car suffered severe damage. Luckily, nothing happened to my friend. He ended up paying a huge sum to repair the car. If he had paid the small insurance amount, he wouldn’t had to pay this much. This is when insurance comes into great use. We just pay a small amount and if any problem occurs, the insurance company takes responsibility and we are safe. So insurance is highly recommended for anything you use.

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