States Where Insurance Matters More
We all know that it is important to have insurance. We want to have health insurance and car insurance for sure. There are also other types of insurance that we all may get including home insurance or disaster insurance or life insurance. Did you realize, though, that the type of insurance that you get could depend a lot on where you live?
For example, health insurance in Florida is really important. There are a lot of elderly people in Florida which means that there are a lot of people in Florida who have high medical bills that they couldn’t cover without health insurance. For that reason, medical insurance in Florida is really important whereas it might not be as important in states where the median age is considerably younger and the population is typically healthier.
In contrast, states that are younger may be more keen on things like car insurance and accident insurance. Younger people are more reckless and are therefore more likely to get in trouble in things like car accidents so people driving in those areas would want to make sure that they were insured.
And of course the weather in your area and the natural disasters there can greatly impact the insurance that you should get as well as that which you can get. People need earthquake insurance in California, for example, but it’s actually hard to get it in some parts of the state because it’s so likely that it would need to be used! Insurance might be something to think about when planning a move.
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6 Responses to “States Where Insurance Matters More”
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I think right now, the state that needs insurance more than anywhere else is Texas due to its proximity to Mexico. With the Swine Flu that has broken out, people need to be able to get checked out if they are sick.
I would think that some of the colder northern states would be other areas where health insurance would be essential. Minnesota, Maine, and other states like that are areas that I would expect health care costs to be high.
How about somewhere like Las Vegas that has all kinds of tourist coming in an out all of the time. Millions of new people go in and out of there each year.
New Orleans would be a great example of where you could not get flood insurance, or if you can, it is at super high rates. I’ve been there, and I can’t imaging why someone would voluntarily live there.
Health insurance can be hard depending on several factors in your life too. If you are overweight or have a family history of certain illnesses, coverage can be nearly impossible.
I wonder what the costs for insurance in Alaska currently runs. With that state being so far north and the winters so harsh, you would expect that the premiums up there would be higher than anywhere.