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Consumers should always familiarize themselves with the products they are buying.
This is especially true of insurance because there are variables to consider. You
will manage your insurance premium dollars well if you self-insure as much of the
risk as you can. A good rule is: Do not buy insurance for the losses you can afford.
Use your limited premium dollars to buy insurance to protect yourself against the
losses you cannot afford.
It is best to read your policy to understand it. Insurance coverage is very specific.
Policies are legal contracts containing exceptions, exclusions and limitations.
By becoming an informed consumer and comparing insurance companies, you will get the
best value for your insurance dollars.
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