Saving Money on Insurance

The average consumer shopping for health insurance on the federal exchanges in 2016 faced a staggering 20 plans per county [1]. For Medicare Part D, that number often climbs to over 30 options. While the American market is built on the philosophy that more choice is always better, behavioral economics suggests otherwise. Decision fatigue—the mental

Choosing a low insurance deductible feels like a win when you’re signing a policy—it offers the security of knowing a mishap won’t drain your bank account. However, that “safety net” comes at a price. In the insurance world, the lower your deductible, the higher your monthly or annual premium. The math of insurance is fundamentally

When it comes to insurance, humans are notoriously bad at math. We often lose sleep over “lightning strike” scenarios while simultaneously ignoring the “slow-motion train wrecks” happening in our bank accounts. This paradox—the gap between statistical reality and our emotional response to danger—defines the psychology of risk. Whether you are deciding on a deductible for

Filing an insurance claim is often a high-stakes process occurring at a moment of stress, whether you are dealing with a car accident, property damage, or a medical emergency. While insurance is designed to provide a safety net, the process of actually collecting a payout is governed by strict contractual obligations and deadlines. To ensure