Smart Money Questions

You’ve likely carried an auto and homeowners policy for many years and don’t think too much about it, but your property and casualty insurance is your protection from major financial disaster. We talk with an insurance specialist to get a better understanding of these policies and what we should be paying attention to.   Show Notes and Additional Resources: http://smartmoneyquestions.com/podcastposts/episode-113-understanding-property-and-casualty-insurance-with-ted-wolfer/    Today's Rundown:  0:21 – Today we’re talking property and casualty insurance with Ted Wolfer 1:31 – Start by helping us understand what this insurance is? 2:09 – Understanding auto insurance and the requirements vs the add-ons. 5:34 – Are there minimums that are required for vehicles you lease or have a loan on? 6:30 – Understanding the liability minimums you might have seen on your policy. 8:55 – Here are the recommendations Ted and his office makes. 10:40 – The difference in premiums is usually very small. 11:29 – Somethin