In Florida in 2022 more than 30% of all insurance claims went unpaid and when you look at the biggest insurance carriers like Allstate and State Farm that number jumps up to over 50% of unpaid insurance claims. Of course, some of them are fraudulent, some of them don’t qualify for payment, but a lot of these claims are also legitimate claims that are not being paid out even though you pay in and must pay if you want to keep your house.
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EVERY STORE IS CLOSING FOR THIS RETAILER IN 2024! https://youtu.be/TS_UBSb7PZo
The disheartening aspect of the United States is that even when you successfully accumulate savings, unforeseen circumstances can swiftly deplete them. I dedicated five years to building a substantial reserve for unexpected situations. However, a few months ago, I suffered a severe back injury, and my savings vanished in an instant, despite having insurance coverage. This raises the question: what is the appropriate amount? How can one ever attain a sense of true security?
