Last Updated on February 25, 2021
2. Over Insuring
Sometimes, people take insurance very seriously till they end up over-insuring themselves. This type of insurance mistakes is understandable because it’s difficult to determine how much is too much when it comes to learning which basic insurance you truly need. To protect yourself from this insurance mistake, it’s best to discuss your assets and the ways to protect them with an insurance agent (an independent one would be the better option). If you are still young with not as many assets, you won’t need to have as much insurance.
