All Entries Tagged With: "Insurance"
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 [...]
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 [...]
Reducing Your Risk of Costly Car Repairs
Tweet After sinking nearly $600 into new front and rear brakes and four brand new tires, I thought that it might be in my best interest to learn a little something about car maintenance. As a woman, I haven’t been inclined to keep up with my automobile like I should. To be quite honest, other [...]
Prepare for Your Next Financial Crisis
Tweet With constant talk of the debt ceiling and a possible double-dip recession, I thought it would be applicable to talk a little about personal finance crisis events in our personal lives and what we can do about it. Like any other American, bad things happen to us. Most of the time we’re not prepared. [...]
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 [...]
Being Financially Prepared for a Disaster
Tweet Disasters happen. There’s simply no way around it, and most of the time there’s nothing we can do about them. And most disasters are extremely rare, so this makes for a devastating combination. But look no further than early 2011 and see that disasters can and do happen, and can affect millions of people. [...]
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 [...]
How SIPC Works and How it Differs from FDIC Insurance
Tweet How SIPC Insurance Can Protect Your Investments With news of banks failing and being taken over by FDIC, a lot of people are questioning not only how safe their deposits are, but their investments in brokerage accounts and mutual fund companies as well. One thing you have to remember is that FDIC insurance only [...]
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 [...]
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