Call Us Contact Us
Young Insurance Young Insurance
  • Home
  • About
  • Services
    • Personal Insurance
    • Auto Insurance
    • Home Insurance
    • Life Insurance
    • Health Insurance
    • Commercial Auto Insurance
  • Policy
  • Claims
  • Blog
  • Contact
  • Quick Quote

    NextPrevious
    Emergency Funds 101

    Should You Have An Emergency Fund?

    By Young Insurance | Auto | Comments are Closed | 15 January, 2015 | 0

    When And What To Save In Case Of An Emergency
    If you have ever been in a traffic accident, you know the awful feeling that comes with an unexpected financial burden. Knowing you have funds set aside to help in an emergency will give you peace of mind and will help you avoid the moment of panic that comes when faced with a sudden shortage of cash. How much should you have in savings dedicated towards an emergency fund? Here is our Emergency Fund 101 to guide you.

    • Who Needs An Emergency Fund? Long story short, everyone does. The only certainty in life is uncertainty, but you can protect yourself from financial trouble by setting aside a cushion.
    • How Much Should I Save? Experts say you should generally put away between three and six months’ living expenses. While it may be tempting to minimize the amount in your emergency fund when you are strapped for cash, the reality is the more financially unstable you are the larger you will likely need in your emergency fund since you will be unable to pull money from other places such as investments.
    • When Should I Use It? Only when you absolutely must. If, for example, your car breaks down but you can take public transit while you save to repair it, protect your emergency fund by abstaining from using it. It would be terrible to deplete it just before you really need it.

    Another way to protect yourself against unforeseen financial burden is by securing comprehensive insurance coverage. To learn about what kind of insurance you need, contact Young Insurance Agency for a free quote today! Located in Burbank, we offer auto insurance, homeowners insurance, health insurance, life insurance, and commercial auto insurance. We can be your one-stop shop for all of your California insurance needs, so call us today!

    auto insurance, Burbank, california, commercial auto insurance, comprehensive insurance coverage, emergency fund, Emergency Funds 101, financial burden, health insurance, homeowners insurance, in case of emergency, life insurance, peace of mind, protect yourself, ron young insurance, savings

    Young Insurance

    Whether you are shopping for auto insurance, home, health, life or business insurance, our highly experienced team of insurance agents can help you find the right coverage at the lowest rate no matter what your needs are.

    More posts by Young Insurance

    Related Post

    • Ways Go Green for Earth Day

      Celebrate Earth Day by Going Green!

      By Young Insurance | Comments are Closed

      Planet Earth is home – keep it strong and healthy! Today, April 22nd, is Earth Day! On this day, cities, businesses, and individuals roll out the green carpet for Mother Nature. The human race hasn’tRead more

    • Don’t Fall Victim To One Of These Common Insurance Gaps

      By Young Insurance | Comments are Closed

      Common Insurance Gaps Buying insurance helps you share risk with your insurance company. However, not all insurance policies are completely comprehensive, which can lead to insurance coverage gaps. Consider these common gaps to ensure thatRead more

    • Do You Have Enough Insurance Coverage?

      By Young Insurance | Comments are Closed

      Insurance Review Tips Looking over your insurance policies probably does not seem like a whole lot of fun. However, it is one of the most important steps that you can take to make sure thatRead more

    • Annual Insurance Review Burbank CA

      What To Ask At Your Annual Insurance Review

      By Young Insurance | Comments are Closed

      Your Guide To Maximizing Protection And Savings In 2015 The start of a New Year is a great time to put a little extra energy into getting yourself set up for success for the remainderRead more

    • When to Review Insurance

      Reaching These Milestones Calls for Insurance Reviews

      By Young Insurance | Comments are Closed

      Mind the gap – cover your needs as life changes. During the midst of everyday life, it’s easy to forget when to review your insurance coverages. A lot of time is taken up with jobs,Read more

    NextPrevious

    Recent Posts

    • Know About the Most Common Home Insurance Claims?
    • What Should You Know About Family Floater Life Insurance Policy?
    • Major Life Insurance Myths Debunked
    • What Are the Ways to Save Money on Auto Insurance for Teens?
    • Can I Get a Good Auto Insurance Quote Online?

    Recent Comments

    • Lighting Safety: It's Time to Decorate for Christmas! on Safety Tips for Driving in the Rain

    Archives

    Categories

    • Archives
    • Auto
    • Auto Insurance
    • Business
    • Commercial Auto
    • Halloween
    • Health & Life
    • Health Insurance
    • Home
    • Insurance
    • Lifestyle
    • Pet Insurance
    • Renter Insurance
    • Uncategorized
    • Vehicle Insurance

    CONTACT US

    24942 Greensbrier Dr
    Stevenson Ranch, CA 91381
    Monday – Friday
    9am – 5pm PDT
    Office: (818) 840-0246
    Fax: (818) 953-9341

    Recent Posts

    • Common Home Insurance Claims

      Know About the Most Common Home Insurance Claims?

      Life is unpredictable. Even with excellent intentions, maintenance schedules, and insurance coverage,

      24 August, 2022
    • What Should You Know About Family Floater Life Insurance Policy?

      What Should You Know About Family Floater Life Insurance Policy?

      What Is Family Floater Health Insurance? A family floater, health insurance plan,

      10 August, 2022
    • life insurance myths debunk

      Major Life Insurance Myths Debunked

      Purchasing a life insurance policy is often met with hesitation, doubt, or

      27 July, 2022
    • What Are the Ways to Save Money on Auto Insurance for Teen

      What Are the Ways to Save Money on Auto Insurance for Teens?

      As a parent, it can be daunting to think about your teenager

      13 July, 2022

    Quick links

    • Home
    • About
    • Services
    • Manage Your Policy

    Quick links

    • Claims
    • Quick Quote
    • Privacy Policy
    • Contact Us
    • Sitemap
    © Copyright 2023 YOUNG INSURANCE | Privacy Policy | Insurance Agency Website by Stratosphere
    • Home
    • About
    • Services
      • Personal Insurance
      • Auto Insurance
      • Home Insurance
      • Life Insurance
      • Health Insurance
      • Commercial Auto Insurance
    • Policy
    • Claims
    • Blog
    • Contact
    • Quick Quote
    Young Insurance

    Get a Quote