If you are planning to purchase a home, it is important to have an idea of the full monthly amount that you can afford to pay for a mortgage. However, it is also important to estimate the cost of other essential expenses, such as homeowners’ insurance. There are multiple factors that will affect the cost of your home insurance. Here are a few of them: The Cost of the Home Read More»
Car accidents do not always involve crashing into another car; there are also cases of non-crash injuries that result in substantial injuries. Many people don’t know whether their Personal Injury Protection (PIP), Medical Payments coverage, or underinsured/uninsured motorist coverage would settle their medicals bills if injured with non-crash injuries. Here are four questions that are likely to determine whether you receive compensation for such injuries: What Were You Doing? In most cases, you will be compensated if you were using or servicing the car, and your injuries aren’t self-inflicted. Read More»
Being a homeowner comes with a lot of extra expenses. Many people fail to recognize just how much money they will put into their home when they first buy a house. However, in attempts to save money, you should never opt out of homeowners insurance. Yet, just because you should carry property insurance doesn’t mean that you have to go broke to pay for it. There are many things that you can do to lower your premiums while still getting great insurance. Read More»
Most states require that you show proof that you have auto insurance before you can legally own a vehicle. The reasoning is that if you own a vehicle, you must be able to prove financial responsibility if you are involved in a motor vehicle accident. If you are considering not carrying auto insurance, understanding how insurance coverage and vehicle registration go hand in hand may help to change your mind. Read More»
Seniors that are looking for insurance may be torn between funeral or burial insurance versus more traditional term or life insurance. It may help to know exactly what burial insurance is, and that it typically has a lower cash value than conventional life insurance policies. Burial insurance policies generally are worth less than 25k, and are intended to take care of final wishes and funeral costs at end of life. Term life insurance, on the other hand, may have a higher cash payout and could build capital so that policy-holders can borrow on it. Read More»