#43: An Insurance Policy
Surely you’ve had experience with insurance policies before, whether for health or auto. So you understand how it works: you pay a little extra money, and the company covers costs related to accidents or damage. But did you know that you can (and should) purchase insurance for your electronics?
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Of course, we can’t plan for accidents in advance. And they somehow always seem to come at the very worst time (is there a right time to have any kind of accident?), just when you don’t have the extra money for a replacement. That’s why it makes sense to factor in that additional cost upfront, so you aren’t in financial distress later down the road.
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