Image by xtopalopaquetl via Flickr Are you planning on purchasing an expensive asset? Buying an asset like home or expensive jewelry is not a small decision. You may be borrowing money or you may be purchasing the same out of your own hard earned cash. Whichever approach you take, you should be prepared for certain basic steps to secure your asset from all risks. Firstly, you should include the cost of insurance of the asset in the cost of the asset itself. This may be a complicated task because insurance premium is paid monthly while the price of the asset is paid once. However, you … [Read more...]