Undoubtedly, insurance is mandatory these days, but buying it just because your friend has bought too, is a wrong decision for which you might have to regret later.
While buying insurance, believing people’s word of mouth is a wrong approach. You need to be sharp enough to understand your needs and based on that, you must choose a policy that would be beneficial for your future.
Before making a confirmed decision for buying of policy, you must jot down few important points like- How much do you earn, do you have any debits to pay, what are your savings, what are your needs, which threat you have the most (life, home damage, property damage etc.).
These all questions need to be answered so that you can determine which policy is perfect according to your needs. In addition, it will not let you go wrong while making a choice for the policy.
Besides seeking the answers for the above mentioned questions, you need to also intelligently search for best NY insurance company that will help you get best insurance cover, which will get you good cover in times of peril.