By Paul Morrone CFP®, CPA, MSA
You own a home, you own a car, you buy insurance. It’s how things are done, it’s how your parents did it, it’s how your friends do it, and it’s something you probably didn’t think twice about. Laws and lender requirements aside, you would never go without insurance as the cost to repair or replace these assets can be staggering and upend even a financially sound household. While most don’t think twice about insuring physical assets, they often overlook insuring their biggest intangible asset, their earning potential!