Insurance in the USA
Insurance in the United States provides financial protection against unexpected events. Common types include health, auto, home, and life insurance. Health insurance helps cover medical expenses and is often provided by employers or purchased privately. Auto insurance is mandatory in most states and covers vehicle-related damages and injuries. Homeowners insurance protects against damage or loss to property. Life insurance offers financial security to beneficiaries after the policyholder’s death. The U.S. insurance industry is regulated at the state level. Premiums and coverage vary widely by provider and policy. Public programs like Medicare and Medicaid assist specific populations. Insurance is a critical part of financial planning for most Americans.