Have you ever taken a step back to think about what you're really doing when you buy insurance? If so, you may have realized that when you buy insurance, you are guaranteeing the future. For instance, if you insure your car, you are guaranteeing that if something happens to your car in the future, you will have the money to repair it or replace it. If you insure your home, you're guaranteeing that if the roof caves in after a big storm, you won't have to pay for repairs. This is just one way to think about insurance, of course. You can learn more about the field — and other ways to think of it — here on this blog.
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