tag:blogger.com,1999:blog-1626688778589707228.post8513596724797323524..comments2013-10-27T16:27:24.301-05:00Comments on Budgeting in the Fun Stuff: Insurance CoverageUnknownnoreply@blogger.comBlogger18125tag:blogger.com,1999:blog-1626688778589707228.post-69347682291432745362010-05-23T14:47:26.261-05:002010-05-23T14:47:26.261-05:00Suba, thanks for finding me, lol!
At first, I w...Suba, thanks for finding me, lol! <br /><br />At first, I was thinking that $233 a month wasn't so bad, but for a high deductible plan? That's just not fair.<br /><br />I agree with getting the regional insurance - flood insurance for the Houston area is a must.Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-75828342877222737812010-05-23T14:28:12.663-05:002010-05-23T14:28:12.663-05:00This is a great list. I agree with other posters, ...This is a great list. I agree with other posters, you have great health insurance. We pay $233 every month (that too through my husband's employer not an individual plan) to get a high deductible plan. We pitch in the first $5000 whatsoever. <br /><br />Coming back to the insurance list, I would add the extra riders though (flood, earthquake). Those are very important and may be the only disasters that will require claiming any benefits. It would be devastating after paying years of home owners and getting rejected for a claim after an earthquake. And as Jackie mentioned, long term care insurance. <br /><br />PS: This is my first visit to your blog. You have a great blog! Thanks for your work!Subahttp://www.wealthinformatics.comnoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-83974797922443138432010-05-22T11:41:55.144-05:002010-05-22T11:41:55.144-05:00Holly, I agree, I will not be paying extra for the...Holly, I agree, I will not be paying extra for the other policy.<br /><br />Yep, my mom said it was an HSA that they switched to...I'll get the details next time we talk. I hope everybody is blessed with good health too. I know hubby's medical plan is not nearly as good as mine, so he's just not allowed to get sick, lol.Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-6272126429129918112010-05-21T14:37:58.132-05:002010-05-21T14:37:58.132-05:00I doubt that you will need a better policy...the o...I doubt that you will need a better policy...the one you have already is like gold! Esp. since you are young with no dependents and have a lot of savings set aside!<br /><br />Great that you have that safety net. When my husband semi-retires, he will start a new civil service job and we will have to give up his very good health insurance. I am nervous since I don't know what to expect from his future employer; I do know that an employee of the co. he will be working for pays $1200/month for just himself, the wife, and a 20 yr.-old in college. Not sure what type of deductible it carries. BLECH! I will be looking into the type of plan that your mother has (HSA?) and keeping the fingers crossed that we continue to be blessed w/good health.Hollynoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-47468366639486880892010-05-20T18:18:19.411-05:002010-05-20T18:18:19.411-05:00Jim R, renter's insurance is indeed important!...Jim R, renter's insurance is indeed important! Hubby and I only owned pre-used items that were easily replaced, so we blew it off, but got pretty lucky by not needing it.<br /><br />Wow...I actually didn't think my insurance was all that cool until this post since we have an even better policy if I was willing to pay about $780 a year...I'll get y'all the details if I remember at work tomorrow.Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-1882700212999109212010-05-20T18:15:34.010-05:002010-05-20T18:15:34.010-05:00Jamie, wow…$650 for a high deductible really sucks...Jamie, wow…$650 for a high deductible really sucks! I’d be frustrated too!<br /> <br />Yeah, my company is run by a guy that reels you in with the promise of high caliber coworkers and awesome benefits. It’s the fact that they have a no-haggle salary policy that stinks (no one here has ever been able to talk them into a higher starting salary or a raise outside of the normal review periods). But, I stay for the benefits and out of pure laziness…I like being really good at what I do and having time to read and comment on blogs. Once they block that, I’ll be a sad camper…Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-26032723144179264802010-05-20T17:52:42.627-05:002010-05-20T17:52:42.627-05:00Good list. I agree with you on all points.
One ...Good list. I agree with you on all points. <br /><br />One I don't see on the list is renters insurance. Renters insurance is a very good idea for a renter. Landlords do not cover the property of renters usually.<br /><br />And as others have said you do have very good health insurance. Our 'free' policy has a $2400 deductible and 10% co-insurance. Getting your level of insurance would cost me <br />about $1700 a year.Jim Rhttps://www.blogger.com/profile/03524015644425203645noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-85168149191854032272010-05-19T21:59:21.757-05:002010-05-19T21:59:21.757-05:00Squirrelers, you are totally right as well. You c...Squirrelers, you are totally right as well. You can get separate policies for personal items (like engagement rings, etc). Business liability insurance is also a great idea!Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-43845710038987743332010-05-19T21:56:31.497-05:002010-05-19T21:56:31.497-05:00Jackie, long term care insurance is a good idea. ...Jackie, long term care insurance is a good idea. I'll have to look into pricing...Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-18115132080881455012010-05-19T21:53:27.903-05:002010-05-19T21:53:27.903-05:00Holly, my $20 a month diability policies are due t...Holly, my $20 a month diability policies are due to getting it via my company's group rate. I don't know how much I'd have to pay for a policy if I lost my job...Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-83952252648206898362010-05-19T21:51:57.271-05:002010-05-19T21:51:57.271-05:00Everyday Tips, my mom switched their insurance to ...Everyday Tips, my mom switched their insurance to a high deductible plan that is saving them thousands and still covering absolutely anything over $5000. I'm not sure if it became available when my dad retired or not, but they were paying $800 a month and now are paying $3-$5 (seriously). Should I get the details?Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-39653592862365413812010-05-19T21:36:36.304-05:002010-05-19T21:36:36.304-05:00It's amazing how hearing about good health ins...It's amazing how hearing about good health insurance is frustrating! I wish we had that option. I'm self employed so I pay $650 for a 5,000 deductible that covers just about nothing. <br /><br />Your company is smart to offer such great coverage for free, employees will stay just for the insurance!Jaime @ Eventual Millionairehttp://www.eventualmillionaire.com/blognoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-85314669153810821982010-05-19T21:34:50.559-05:002010-05-19T21:34:50.559-05:00For all my jealous readers *wink*, thanks for maki...For all my jealous readers *wink*, thanks for making my day. It's nice to feel like I have something special. :-)<br /><br />When I only make $35,000 a year after 5 years (started at $26,500), it's nice to think about the good points. Thanks!Crystal Stemberger https://www.blogger.com/profile/12619903576416448729noreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-84550239748086679692010-05-19T20:03:15.540-05:002010-05-19T20:03:15.540-05:00Right on time!
I wrote about GAP insurance this mo...Right on time!<br />I wrote about GAP insurance this morning and I met with a gentleman to discuss homeowners insurance and life insurance this eveningLakita | Personal Finance Journeyhttp://personalfinancejourney.comnoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-49865779067714530092010-05-19T14:02:59.859-05:002010-05-19T14:02:59.859-05:00Nice post. The types of insurance you mentioned ar...Nice post. The types of insurance you mentioned are necessary, I agree. I also think Jackie brings up a good point on long term care insurance. Those costs can be astronomical, so it makes sense to know the pros/cons of that type of insurance.<br /><br />Also, what about personal articles? I know that separate policies can be issued for things such as valuable jewelery, etc.<br /><br />One other one that comes to mind is business liability insurance. If you do any independent work, it might be a good idea to consider such insurance or at least look into it.Squirrelershttp://www.squirrelers.comnoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-89625792641417642122010-05-19T10:14:44.236-05:002010-05-19T10:14:44.236-05:00I'm with the others -- you have great health i...I'm with the others -- you have great health insurance! And it's free, too? Are they hiring telecommuters where you work? ;)<br /><br />As far as types of insurance go, something I would add is long term care insurance. There are rules of thumb about what age to get it, but it's something I think everyone should consider as they age.Jackiehttp://www.moneycrush.comnoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-52357250673111104672010-05-19T08:36:04.062-05:002010-05-19T08:36:04.062-05:00Nice post, all those policies are important!
I, t...Nice post, all those policies are important!<br /><br />I, too, have health insurance envy...our isn't nearly as generous as BFS'! And I have not been able to find any disability insurance that would only cost $20/month. We were quoted about $120/mo. just for my husband. <br /><br />I will be looking into flood insurance due to the fact that areas around us that have never flooded before have been hard hit recently. We live close to the coast, so hurricanes may come by (though we're not likely to be in a direct path of one).Hollynoreply@blogger.comtag:blogger.com,1999:blog-1626688778589707228.post-71273700449353772692010-05-19T08:21:11.086-05:002010-05-19T08:21:11.086-05:00This is a great post!
Your health insurance is a ...This is a great post!<br /><br />Your health insurance is a million times better than ours, I have insurance envy! We pay 650 dollars a month for our health insurance and our copays are ridiculous. <br /><br />I completely agree with your view on disability insurance. I need to reevaluate how much we have in disability insurance for my husband. I am glad I read this!Everyday Tipshttp://everydaytipsandthoughts.comnoreply@blogger.com