Insurance

Steering Clear of Car Insurance Scams

You are probably already a victim of insurance fraud, whether you realize it or not: The average family pays between $400 and $700 a year in higher premiums just to cover the more than $40 billion cost of non-health insurance fraud, according to FBI estimates. About half of that comes from auto insurance alone. The National Insurance …

Categories: Automobile, Insurance

What Happens When Insurance Companies Go Bust?

What do you do when you’ve entrusted a company to insure your most valuable possessions — your car, your home, your life — and that company goes belly-up just when you need them most? Of course, no one expects the company holding their policy to go bankrupt. But still, every once in a while, it happens. When …

Words Matter: How to Speak Insurance

All insurance policies are contracts between an insurance company and a person or business. As with all contracts, they contain some very specific language that spells out the responsibilities of both the insurance company and the policy holder. Since insurance policies are intended to be read by consumers without the benefit of an attorney, the …

Categories: Insurance

Around the World With Travel Insurance

Whether it’s for business or pleasure, by land, air, or sea, travel is fraught with perils. That may be a bit hyperbolic, but the fact of the matter is that travel introduces some risks that you wouldn’t normally have to be concerned with. Regardless of whether you or a loved one plans to backpack across the …

Categories: Insurance, Travel

Life Insurance for Your Business: The Basics

Businesses of every size and type operate on a risk-reward basis. Risks are everywhere, from investing in new equipment in hopes of earning new business, to hiring a new employee on the strength of a resume and a 30-minute interview. However, any good businessperson will also agree that thoroughly considered risks are not only necessary, but the …

Confronting Your Worst Money Fears

A tornado sweeps through your town and leaves nothing but death and destruction in its wake. An electrical fire burns your house and everything in it to the ground. A hacker steals your identity and runs up tens of thousands of dollars in debt before you realize what’s happened. Or, a distracted driver gets into a severe, life-changing accident …

How to Find Cheap Home Insurance in 2014

If your home is your castle, cheap home insurance is your modern-day dragon and moat. Homeowners insurance doesn’t just protect the structure of your house. It also protects your belongings and covers you in case you’re liable for someone else’s injuries or property damage while they’re at your home. Though a number of factors that …

Best Car Insurance Companies of 2014

You’ve seen auto insurance ads cluttering every commercial break, no doubt. Sometimes they’re funny (talking animals, anyone?), sometimes they’re sobering (shocking crashes, sobbing families), and sometimes they simply appeal to your bottom dollar by promising the best possible rate. The barrage of ads underscores that there’s no shortage of competition among the nation’s car insurance …

Are You Covered?

Insurance is a form of protection for the things you value most in life. It helps you manage risk by promising to assume some or all of the financial burden caused by unexpected events such as fire, accidents, illness, or death. But not everyone has the same insurance needs. As you accumulate more of value …

Categories: Insurance

How to File an Insurance Claim

It’s a beautiful day with clear skies and bright sunshine. The birds are singing and there’s a gentle breeze rustling the leaves in the trees. You take a deep breath and savor the sweet scent of honeysuckle. You think all is right with the world, and then… it happens. It can be a car slamming …

Categories: Insurance

Yup, You Can Insure That!

Insurance is a gambler’s game, and it always has been. From the earliest days of human civilization there have been those who have been willing to gamble on the outcomes of other people’s efforts. A wealthy person would pay mercenaries to escort a shipment of grain produced by a tenant farmer in exchange for a portion …

Categories: Insurance

Best Life Insurance Companies for 2014

Life insurance can ease your loved ones’ financial worries if you die unexpectedly, but it’s just as essential for your own peace of mind. In short, life insurance helps replace your lost income after you pass away, keeping any beneficiaries you name insulated from major money troubles that stem from your death. The best life …

The Rise of Black Box Car Insurance

Car insurance companies have always looked for ways to maximize profits by minimizing their risk. Insurance companies make money by taking in more in premiums than they pay out in claims. It’s hard to raise premiums in a competitive market, so reducing risk is the easiest way for them to become more profitable. Making money would …

Categories: Automobile, Insurance

Best Home Warranty Company for 2014

If you’re considering a home warranty to help protect you from costly home repairs, there are several companies that want your business. Unlike the big insurance companies that provide home, life, and auto policies, home warranty companies aren’t household names. For that reason, you may feel like you’re starting from square one in your search. …

Insurance Ads: Trick or Treat?

Remember that ad…? Of course you do, because even when you think advertising isn’t having an effect on you, it is. The fact that you remember the Taco Bell Chihuahua or the Old Spice guy is proof that television ads, at the very least, take up some space in your memory. Making a brand or …

Categories: Insurance

Protecting Your Business From Natural Disasters

Running a business is fraught with challenges that must be addressed on a daily basis, ranging from personnel and payroll to competition and cash flow. Most business owners recognize the need to insulate themselves from risks, both internal and external. After all, hazards abound, whether they’re the result of honest errors on the part of the business or …

Small Business Insurance Basics

There are about 45 million businesses in the United States of which more than 99 percent are considered small businesses. More than 40 million of those small businesses have fewer than 20 employees. All businesses, small and large share a common need for protection against the unexpected, and small business insurance satisfies that need. Unlike, …

How to Get Cheap Car Insurance in 2014

Whether you have a set of shiny new wheels or a decaying rust bucket, cheap car insurance is a must for staying legal on the road. The good news? You have more control over factors that influence your car insurance rates than those that affect other types of coverage, such as life insurance or home …

Separating Obamacare Facts From Fiction

Chances are you already have a strong opinion about Obamacare — and you’re not alone. The one consistent factor since Obamacare was passed and signed into law is that most people find the law confusing. Much of that confusion is driven by misinformation and misunderstanding. We’ve gathered some of the most common ones here. I’ll …

Categories: Health, Insurance