What should the Parkers consider when deciding what insurance coverage they need?How can they keep their insurance costs down?Explain.
Bob and Barbara Parker are in their 30s and have been married for 7 years. They have 2 children. They own 2 cars and a home valued at $500,000. Bob owns 50% of a garage door installation company valued at $2,000,000. The business provides the Parker’s with a gross annual income of $150,000 per year. […]