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 2015

Finding cheap home insurance should be easy. Just call up some insurance providers, compare prices and choose the lowest one. However, with the importance of proper homeowners insurance price isn’t always the best comparison point. After all, home insurance doesn’t just protect the structure of your house. It also protects your belongings and covers you …

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 2015

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

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, …

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

The Affordable Care Act and You

The Patient Protection and Affordable Care Act, commonly referred to as Obamacare or the Affordable Care Act was signed into law on March 31, 2010. The goal of the Act is to make affordable health care accessible to all Americans. The Congressional Budget Office estimates that once the ACA is fully implemented 94 percent of …

Categories: Health, Insurance

How to Get Cheap Life Insurance in 2015

Finding a cheap life insurance policy that offers the right amount of coverage is at the forefront of any first-time buyer’s mind. The same goes for someone who’s simply looking for a better rate. If you want to get the most affordable life insurance, there are several things you can do to minimize costs. I …

Categories: Insurance

The Best Renters Insurance for 2015

I’m focusing on the best renters insurance companies after sharing my take on the best home insurance companies in a previous post. With the growing popularity of renting, I conducted some additional research to determine which companies are the best for renters. After analyzing several national and local companies, Allstate remains the best renters insurance …

Categories: Insurance

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