Answers: 320 a year
Approximately .67 cents per dollar spent goes contained by some way to insurance costs. The insurance industry is a 9 trillion dollar business. What open-handed of insurance?
Auto / Renters - $1140 a year
Life - $300
Health - Nothing, fully covered through work
Renters - 25.00 month
Auto - 150.00 month
Life - 25.00 month
Health - 150.00 month
Total: 4,200.00 a year
How do you average a guy with three time policies, two homeowners, one flood, five cars, all insured, short residence and long term disability policies, next to a guy who has NONE of those?
It really, really doesn't situation.
If the US Census Bureau doesn't have that little statistic, not a soul does.