In Southern California, homeowners are being urged to consider earthquake insurance as their policies renew, amidst concerns over catastrophic losses that could be unaffordable without coverage. Factors influencing the decision include the homeowner’s equity in their property and willingness to face potential losses. Additionally, personal finance insights address whether it’s wiser to finance a car through selling stocks or using savings, emphasizing the importance of considering long-term investments. Credit card management questions are also highlighted, discussing the impacts of closing accounts on credit scores and suggesting ways to maintain credit health while managing multiple cards.
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