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Jul/090
Jul/090
Consumers Cut Back on Contents Insurance
The recession is forcing many people to make cut backs to be able to afford necessities. Many consumers think that contents insurance is not something that is essential and are cancelling it in the height of the recession. But experts are warning this is a “false economy”, and by cutting this out will only lead to more expense.
They add that insurance is the “safety net” consumers need in these times. Should anything drastic happen, with no insurance there is no easy way to repair or replace.
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