JuliusJ

On 10/22/09 JuliusJ said:

"There is a definitive need to create extra funds, or to cut spending, and one of the ways people save is to cut insurance cost spending. Granted, it's a gamble to cut insurance cost spending, but frankly flood insurance in Arizona isn't a great idea. Tornado insurance in the Pacific Northwest might be a waste as well. (Although there are extremely rare, but documented, instances of tornados in the Evergreen State.) It is a gamble, though, because everyone does need insurance coverage of some sort. Whether it's insuring your house, car, or your health, to <a rev="vote for" title="Is Cutting Back on Insurance A Good Way to Find Debt Relief?" href="http://personalmoneystore.com/moneyblog/2009/10/14/cut-insurance-cost-debt-relief/ ">cut insurance cost</a> and/or coverage is a risky thing to do, whether it's done with debt relief in mind or not."