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Understanding the types of life insurance
Temporary (term) insurance
This type of policy provides coverage for a specific number of years in return for a predetermined premium. Temporary policy is considered to be ‘pure’ insurance and the amount of premium only provides coverage in the event of death, not any other events.
Three main factors should be considered [...]
Cheap auto insurance shopping has become even easier
Back in the day, taking your time to compare the offers from different insurance companies in order to get an adequate and cheap coverage for your car was quite hard and exhaustive. There was no Internet, no online quote sites and in order to get all the information you need, you had to go to [...]
Full StoryReducing your insurance rates
There is a wide range of solutions for cutting down insurance costs for a car owner, a large part of these solutions being very effective in reducing the premiums. First of all, think about the reasons for paying higher rates than you can for having your car insured. There’s a set of discounts [...]
Full StoryHomeowners insurance policies have their limits.
Sometimes life just is not fair. You think you have done everything absolutely right and then circumstances show you everything is turning out wrong. So it is that you get to see the end of hope played out in court cases. You know it should never come to this but, when it comes to people’s [...]
Full StoryHomeowners insurance does not cover damage to land.
What happens when the gulf oil comes ashore?
There is a sad fact of life when it comes to dealing with insurance companies. You should read all the small print before you buy a policy and, if you are surprised at how the insurer decides to interpret the policy when you make a claim, you must [...]
Auto insurance and your age
There are many people out there who still don’t know how insurance providers calculate their rates for insuring their autos. It comes to the point when people ask their insurance agents why their neighbors have lower rates while driving the same car and getting insurance form the same provider? Unfortunately, it’s quite common for insurance [...]
Full StoryHomeowners insurance is getting more expensive in Texas.
Tough times for the Commissioner
One of the most important lessons of the last two years is that having regulators in place does not mean having consumer safety. Wherever you look from the failure of the SEC to police the banking industry, to the failure of the FDA to keep food and drugs safe, to the [...]
Health insurance through Health Savings Accounts
Health Savings Accounts (or HSAs) have become a very popular form of health coverage these days because of their tax deduction policy and the ability to accumulate additional funds as a retirement plan. However, despite the numerous benefits customers get with HSAs, the main reason for thousands of Americans to choose this form of insurance [...]
Full StoryAuto insurance purchasing FAQ
Q: Should I carry insurance with my car?
A: Almost all states make it mandatory for the car owner to carry insurance with his vehicle as a proof of financial liability in case there’s damage or injury delivered to third parties while being on the road. Not having sufficient insurance coverage (lower than the state minimum) [...]
Car insurance – health costs force rise in premiums
Even though the warring parties cannot agree on any policies to reform the healthcare industry, there is some agreement that what we have now is broken. Looking around the world makes for depressing comparisons. As a nation, we pay a higher percentage of our wealth on healthcare, but receive a significantly inferior product. More people [...]
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