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2025-02-28

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Introducing Navigating the Insane Insurance System w/ Consumer Reports' Lisa Gill #950 from How to Money. Follow the show: How to Money The price of gas, the price of eggs and milk- these are the kinds of expenses that we’re very sensitive to as consumers because of how frequently we make these purchases. And don’t forget visibility of course with the price per gallon essentially plastered on electronic billboards we consistently drive past! But the cost of insurance feels like the exact opposite. We rarely shop for coverage, it’s not often discussed, and automatic payments insulate us from rising premiums. In the case of homeowners insurance there’s an additional layer of insensitivity in the form of escrow. But insurance is becoming more of a burden and here to tackle this problem is Lisa Gill from Consumer Reports. Lisa is an investigative journalist and we’re going to discuss everything from wildfires to prescription drugs, what to do if you receive an insurance cancellation notice, the steps to take when you receive a medical bill that’s way too high, and much more during our episode!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Primordia by Freak Folk Bier! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out! See omnystudio.com/listener for privacy information. DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.
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  • I'm Joel I'm Matt today.

  • We're talking about navigating the insane insurance system with Consumer Reports Lisa Gill Yeah,

  • so our conversation today is going to be all about reducing some major expenses in our lives Insurance the premiums that we pay they've skyrocketed over the past several years for many reasons that we'll actually get into today And it's a huge bummer

  • if you haven't noticed your premiums rising.

  • That's a that's a problem,

  • too I think one of the issues with insurances that were often insulated from these higher costs

  • because let's say homeowners insurance Well,

  • that's covered by our escrow.

  • We don't necessarily see that day in and day out or health insurance premiums Maybe that's gone up a little bit,

  • but hey my employer they they take care of that for me But eventually that's going to have an impact on you on an individual level and here to tackle this problem is Lisa Gill from Consumer Reports the nonprofit consumer advocacy organization that we love we talk about all the time and Lisa is an investigative Journalist we're going to discuss everything today from wildfires to prescription drugs So Lisa,