In a perfect world, having a budget would be enough. But life doesn’t really work that way. Unexpected home, auto and healthcare events can happen at any time – and insurance doesn’t always cover the costs.
Our benefits are designed for the moments when life gets all too real and you need someone to have your back. We’re a safety net that helps pay the expenses you didn’t plan on, so you can get on with the business of living.
Why Purchase a Home & Auto Plan
Million
An estimated 55MM Americans report having said they have nothing saved in an emergency fund1
%
According to a CFSI Financial Health survey, 44% of respondents have expenses that exceed their income2
%
Almost 50% of all Americans don’t have cash to cover a $500 unplanned expense3
%
Only 29% of American households say they live comfortably4
%
Over 40% of adult Americans rely on an auto loan to pay for a car5
%
Over 70% of Millennials cannot demonstrate basic financial literacy6
%
60% of families have had at least one financial shock in the last 12 months7
%
+50% of Healthcare Providers agree telemedicine prevents emergency8
%
Approximately 75% of households say they’re unable to save for the future9
%
Prices on household necessities are up over 20%10
More Reasons Why
The average American spends
PER YEAR ON CAR REPAIRS AND MAINTENANCE11
OVER
%
of out-of-pocket medical costs are more than $50012
ABOUT
Properties in the U.S. covered by insurance has a claim each year13
The average car accident in the U.S. costs more than
PER PERSON14
The most common unexpected expenses*
*FIMC Proprietary Research Q4 2019
Major Home Repairs
Major Car Repairs
Trips to the Hospital
Pay Cuts & Divorce
External Sources
CNBC1 Market Watch2 The Ascent3 Pew Research Center4 Finder.com5 Rock The Street6 Forbes7 Sage Growth Partners8 CNBC9 CNBC10 Chime11 Modern Healthcare12 Insurance Information Institute13 Super Money14 Polic Genius15 Super Money16 Home Guide17 Bank Rate18 CNBC19 Business Insider20 Greater Alliance21 The Balance22 FIMC Proprietary Research23 National Institutes of Health24 FIMC Proprietary Research25 CNBC26