You may be thinking about switching from full to liability coverage. If you’re still paying off a car loan, liability coverage isn’t sufficient. Even if your car is paid off, it may make more sense to keep full coverage if it still has fair value. Know what you’re paying for in liability-only coverage, and then insure your auto to best protect your assets.
Bodily Injury Liability Coverage
Bodily injury coverage is the most common type of liability insurance. Read More»
Whenever you’re making changes to your auto insurance policy, it’s a good idea to see if the policy provides you with enhanced coverage for when you’re driving a rental car. This coverage means that you won’t have to pay extra for the insurance offered by the rental car provider, which will save you money on the rental fee. When it comes time to rent a vehicle, though, it’s advantageous to take some time to make sure the vehicle is safe for you to drive — the last thing you want to do is have an at-fault accident that affects your insurance rate because of an issue with the rental car. Read More»
Most people know that following an auto accident, your insurance rates could increase. There are various factors that determine whether or not they do. If you were recently in an accident, here is what you need to know about increasing rates and how you can lower them.
Why Did Your Rates Increase?
The obvious answer to an increase in auto insurance rates is that the accident led to your insurance provider looking at you as a higher risk to insure. Read More»
Homeowners’ insurance coverage for weather-related damages usually affects multiple homeowners while other damages may be isolated. This different is significant because it may affect how your insurer handles your claim for weather-related damages. Ignorance about this difference may lead to several dangerous assumptions, such as the following.
You Are Entitled To Immediate Coverage
Ideally, you should buy insurance to protect you in case something happens, but not because something is about to happen. Read More»
If you are buying a new car insurance policy and want to make sure that you are getting the best price, without compromising your coverage then there are a few features and factors to keep in mind when shopping for your new policy. A few great ways to save is to take advantage of the following:
Avoid Low Deductibles:
Though having a low-cost deductible may be ideal in some cases since this allows you to pay less when filing a claim, it can also be the reason you are paying more on your insurance rate than you would like. Read More»
Navigating the complex healthcare system of the United States can be extremely difficult, and the challenge is enough to make some people want to give up. Perhaps the most frustrating part about it is trying to figure out what your Medicare insurance plan’s rates will be. There are many factors that might change your Medicare insurance rates. Here are few of the major reasons you might spend more on a plan. Read More»
If you have received a few too many traffic tickets, been convicted of a DUI, or had a lapse in your automobile insurance, you are probably going to be told you need to have an SR-22 certificate added to your insurance policy. Basically, an SR-22 is proof that you are financially responsible for your automobile and any damage done while you are driving it. It lets the DMV know that you have current car insurance. Read More»
If the home you are purchasing is in a flood zone or near a water source, chances are that you’ll need to get flood insurance. Most homeowners don’t need this kind of insurance unless it is absolutely necessary, but if you do need to have it, the way that premiums are determined can feel confusing to you. By knowing what factors determine the flood insurance premium that you’ll pay, you can get a better idea of what to expect before you purchase a policy. Read More»
Sinkholes cause the most damage in Alabama, Florida, Kentucky, Missouri, Pennsylvania, Tennessee and Texas. If you reside in one of these states, you may be wondering about sinkholes and your home insurance. Here are a few frequently asked questions you may have about this topic.
Does My Standard Homeowner’s Insurance Protect Against a Sinkhole?
No. Typically, your standard homeowner’s insurance will not cover you if a sinkhole damages your home. Read More»
