All Entries in the "Insurance" Category
Is Life Insurance Through Your Employer Worth It?
Tweet Life insurance tends to be pretty low on the list of financial priorities for most people, but it really shouldn’t be. If you’re married or have young children, life insurance is one of the most important things to have if others depend on you. What kind of financial hardship would your family be in [...]
Catastrophic Health Insurance: Is it right for you?
Tweet Is A Catastrophic Insurance Plan Right For You? In this down economy, it may seem practical to choose a health insurance plan that has the lowest monthly payments. However, plans that have the lowest monthly premiums also typically have the highest deductibles. For some individuals and families, this may be a good [...]
CLUE Report, Comprehensive Loss Underwriting Exchange
Tweet You need to take a good look at your CLUE. But what is a CLUE report? Most people are clueless about there CLUE report, hehe see what I did there. CLUE stands for Comprehensive Loss Underwriting Exchange, and this report gives details dating back seven years history of claims with your insurance company. Why [...]
How Much Life Insurance Do I Need?
Tweet Jeff Rose at Good Financial Cents is putting on the Life Insurance Movement, and this post is a part of that. Be sure to read all of the other life insurance items and enter yourself in a contest where you’ll have a chance to win a new iPad, Google Nexus, or Kindle Fire! Life [...]
Types of Insurance Policies You Must Have
Tweet While it is possible to obtain insurance for nearly anything these days, there are certain policies that every responsible person needs to protect themselves. There are also a number of policies that are not suitable for everyone and may actually end up costing you. Particularly under the financial constraints faced by many as a [...]
Protect Yourself from Catastrophic Loss With an Umbrella Policy
Tweet What happens when you are sued for more than your basic homeowners or auto insurance policy covers and are found liable? Well, for most people, it would mean liquidating unprotected assets in order to satisfy the judgment. This may mean garnished wages, selling property, and possibly losing some of your investments. This is certainly [...]
Renters Insurance – How it Works and Why You Need It
Tweet When you buy a home or car, one of the first accessories you purchase is insurance. In many states the law requires you to have car insurance in place before a vehicle can be registered. Many mortgage lenders mandate that borrowers have homeowners insurance to protect the lender’s investment in the home. What about [...]
7 Tips For Buying Insurance Policies
Tweet If there’s one thing you should never rush into, it’s insurance. Whether it’s life or car insurance, it’s a huge decision that demands a little research and your undivided attention. You don’t want to make any hasty moves because one move too soon could mean losses in the thousands over the long term. Not [...]
Why You Should be Paying Attention to Medigap Plans
Tweet By the time those currently in their 40s retire and begin to qualify for Medicare, the government-run insurance program is going to be over 6 percent of the Gross Domestic Product. That means for every dollar the United States economy earns, a little more than six cents goes toward Medicare. Social Security looks to [...]
How to Negotiate Your Medical Bills
Tweet According to a study conducted by The American Journal of Medicine, around 60% of personal bankruptcies are caused by overwhelming medical bills. The fact is, if you’ve been sick or severely injured, medical bills can add up fast. Even if you have health insurance, there is a good chance that you will be left [...]
Finding Health Insurance if You Are Self-Employed
Tweet Where to Self-Employment Health Insurance Anyone who is fortunate enough to have a full-time job that provides health benefits probably gives little thought to their health insurance other than grumbling about the premiums. But those who are self-employed, work part-time, or otherwise don’t have health insurance provided as a benefit are living in an [...]
Understanding the 6 Types of Auto Insurance Coverage
Tweet People generally don’t put much thought into their auto insurance coverage. At the very least, there’s often a state minimum requirement, and beyond choosing the deductible most of the definitions on the auto policy just get glanced over.But understanding what these specific items cover, the limits, and amount it adds to your premium can [...]
Top 10 Ways to Get Maximum Return After Filing an Auto Insurance Claim
Tweet You’ve dealt with the accident, made sure everyone involved is safe, and filed your auto insurance claim. But, what’s next? I’m sure there are a million questions going through your head ’ “What do I do next?” “When will I hear from the insurance agency?” And perhaps most importantly ’ “Did I do everything I [...]
Putting Your Teenage Son or Daughter on Your Auto Insurance Policy
Tweet There comes a time in every parent’s life where they ask the question, “Does my teenage son or daughter have to be on my auto insurance policy?” Just the thought of putting an inexperienced driver behind the wheel is enough to send shivers up and down the spine of your average man or woman. [...]
Renters Insurance Basics: What Every Renter Should Know
Tweet Do You Need Renters Insurance? Homeowners Insurance is designed to protect a person’s home. This is an obvious need for insurance since a home is often somebody’s most valuable asset backed by a large loan. This is why most people don’t even think about renter’s insurance. You don’t own the apartment, you didn’t have [...]
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