You can insure TVs, trips, phones, and more — here’s how to decide if it’s worth paying for insurance

 

shutterstock_707733190Studio/Shutterstock

  • Insurance is offered by companies for practically anything these days — you can expect an offer to buy insurance for your car, a new tv, and even your airline ticket to London. 
  • Companies seem to be increasingly offering insurance on all manner of things in part because of loss aversion — but more importantly to them, because it’s extremely profitable. 
  • Is it really worth paying the extra money for a little peace of mind with insurance? 

 

See the rest of the story at Business Insider

NOW WATCH: Why you should never release your pet goldfish into the wild

See Also:

SEE ALSO: Americans spend an average of $ 125 a month on car insurance — here’s what people pay in every state

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.