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The Insurance Informant
Homeowners insurance is essential for individuals getting a mortgage to help pay for your home since one of the conditions to that mortgage will be homeowners insurance. So, the question truly is, how much homeowners insurance do I need? After all, your home is likely your largest investment and you want to ensure you keep it safe?
Sometimes, traditional insurance may not the most appropriate way to manage risk. When that is the case, a healthy alternative is parametric insurance. Parametric insurance will pay the policyholder based on certain measurements/indices whereas traditional insurance compensates the policyholder if a covered loss (as defined in the contract) occurs. To illustrate this contrast, in a certain parametric policy covering property, a different amount could be paid for each level of a severity index for the hurricane in addition to other criteria being met such as relative location to the storm.
Imagine your car suddenly is involved in an accident. While filing a claim, you may think that the insurance company will take care of all the damage. However, what if the insurer stops insuring you for this accident? Is this happening? They may have discovered that your current situation does not match with the policy conditions set by them. Therefore, your claim is denied, and your auto insurance is invalidated. Understanding the factors that contribute to this invalidation is important to help ensure that you will not be marked by the insurer as a fraud or liar.
A common misconception amongst young people is that they do not need life insurance. This might be because they do not anticipate needing it any time soon, or they have other payments such as car payments or mortgages that take precedence over other expenses in their lives. Like most insurance, it could be beneficial to purchase life insurance before you have an inherent need for it. Here’s why you should start thinking about life insurance sooner rather than later.
Dogs have been companions to humans for many millennia. Although dogs hold a special place in our hearts and are often considered a member of our family, dogs are legally classified as the owner’s property. Because of this, we become legally responsible for the actions of our dogs. For example, if your dog injures someone on your property, or causes any damage to the property itself, you may be required to pay medical bills or expenses as a result of civil suits. Therefore, it is important to notify your insurance company of the presence of your dog. Some breeds, when added to your homeowners insurance, could cause the premium to increase - especially if the dog is of an aggressive breed.
It is a common belief that the color of your automobile has a direct impact on the cost of your auto insurance. People usually think of that bright, flashy red car zooming down the road as undoubtedly having higher insurance rates than the relaxing white car strolling beside it. But is this truly the case? How is your premium actually determined, and is the color of your vehicle truly a factor in a company’s final premium calculations?
A wedding day is often one of the most memorable moments of life. With all of pressure to plan and execute the perfect day, it may become almost as stressful as it is exciting. In addition to relieving some stress, wedding insurance can be very practical. For many couples, weddings are significant investments with several risks that are out of your control. Luckily, purchasing wedding insurance can make you eligible for reimbursements for incidents that result in cancellations or postponements, in addition to covering specific damages that occur during the big day.
Finding the right auto insurance for a college student or a young driver can be a daunting task due to traditionally high rates. Did you know that drivers 15 to 20 years old are involved in 20 percent of all crashes? [2] This is one of the reasons why most auto insurance rates for young drivers are extremely expensive. On average, a six-month auto insurance policy for a college aged student with no prior accidents is $1,725[1]. In addition to price, there are many factors that have to be considered when picking the right auto insurance policy for young drivers.
If you have people who count on you for any kind of financial support, then you more than likely would benefit from purchasing life insurance. Oftentimes, people tend to drag their feet over applying for life insurance due to multiple reasons. One common concern is the general anxiety associated with the medical exam. This anxiety could be because people simply don’t understand what the exam is and how it is carried out, or because they know that they are not in the ideal physical health and worried that will cause their premiums to be extremely high. General nervousness over what the exam is shouldn’t be enough to deter you from applying for life insurance. Throughout this article, you will learn all about what the exam is, the process of the exam, and tips to better prepare for the exam in hopes that you get the lowest rates possible for your overall health.
For those that have purchased auto insurance, you may be familiar with an additional coverage option known as gap insurance. However, for many teenagers and young adults, this option is less commonly understood compared to other coverages such as comprehensive, liability and collision. So, what exactly is gap insurance and is it worth buying? These are two major questions that probably resonate with future purchasers of auto insurance.
This week, we are taking a slight break in our typical insurance content to highlight one of our collegiate contributor interns - Zoe Taylor. Zoe began interning with The Insurance Informant in the Summer of 2020 after her previously secured internship in Atlanta, GA was cancelled due to COVID-19. Through our partnership with Gamma Iota Sigma, Zoe was onboarded to our 2020 Summer Internship Team. At the conclusion of her internship, Zoe expressed interest to continue writing and publishing articles throughout the school year. Over the past year, Zoe has authored and published eight articles on a variety of topics. Visit any of the links below to check out her articles!
After a wildly successful 2020 Internship Program through a partnership with Gamma Iota Sigma, we are ecstatic to come back around for round 2!
Graduating from college is often the advent of a new period in your life full of hope and new beginnings. You may be moving to a new city, starting a new job, or living in a new home. However, you may also find yourself in a time where you have to seek new health insurance coverage. Whether you are no longer covered under your student health insurance plan or want to explore new options that may now be available to you, there are multiple routes to explore.
If you've looked at an insurance policy before, you may have realized that it seems to be comprised of the main policy area and then additional sections at the end. Often, these additional sections are referred to as endorsements or riders. These two terms are often used interchangeably, but in fact mean the exact same thing. This portion of your insurance policy is typically where the bulk of your coverages are truly defined.
Life happens - and you may find yourself in a period of life where you are unable to make payments towards your credit card or loan balance because of unemployment, death, disability, or even destruction of property. Credit insurance is a type of insurance used to cover any debt you aren’t able to pay back due to a host of reasons and it can be purchased to cover monthly loan payments to protect your loan and lender. However, it’s important to weigh the benefits and costs of purchasing extra credit insurance before adding this on to your loan or credit card payments.
Whether you’re a 16 year old with a freshly minted vehicle and driver’s license or a seasoned driver with a couple of cars under your belt already, auto insurance is a necessity. Rates charged for auto insurance and the minimum coverage requirements vary state by state and can also vary based on a host of other factors. Understanding the different factors associated in rating for auto insurance can help you comprehend why your insurance may be increasing or decreasing, and any ways you can remediate this.
In 2019, 14.4 million consumers were victims of identity fraud with their losses totaling almost $2 billion (Identity Force). Businesses are increasingly becoming dependent on technology, where personal information of millions of consumers are online. Large scale data breaches give hackers unauthorized access to these personal records. In 2019, Facebook was breached resulting in 540 million records being exposed (CNBC). With the countless technological advancements over the past few decades, it has only provided hackers and criminals even more opportunities to commit identity fraud. However, along with the opportunities being created, there is an increasing number of ways to prevent, detect, and protect yourself.
With technology constantly evolving, it is not only changing the way we stay connected and operate in this world, but also poses the potential to protect ourselves and our families. Often times, various technology has been around for decades before ever trickling down to becoming mass produced and affordable for the everyday person. With dash cameras, this is exactly the case.
As the American population continues to grow older, the popularity of long-term care (LTC) insurance continues to expand every year. While it is possible to purchase a policy that strictly covers the costs of long-term care, a hybrid insurance policy that is continuing to become a more highly desired alternative does exist. Hybrid long-term care insurance, as it's known, combines the benefits of a traditional long-term care policy to those of a life insurance policy. Although these hybrid policies continue to become a more widely known insurance option, are they really worth it? To what extent does a hybrid policy really encompass a better deal for those individuals searching for the policy that best suits their needs?
College is often the first-time students live apart from their parents. The checklists of essential from Target and Walmart may have you covered on what you need to bring to live on your own, but what about necessary insurance to protect these belongings? While a shoe box dorm room might be the first thing to come to mind when you think of where a college student lives, it’s important to understand the different types of insurance protection offered for all of your different housing options. This is especially if you have anything valuable in that shoebox of a house.
Technology geared for businesses has been developing at a rapid pace. Companies are finding new ways to implement these innovations to increase their bottom line. Insurance companies have historically been slow to change their processes for new technologies; however, in the past five years, they have started utilizing Robotic Process Automation (RPA).[1] A successful RPA implementation can free up around 20-30 percent of the capacity of the company while improving customer experience and minimizing operational risks.
Last week, we published an article and podcast reflecting on our first year after launching and 2020 in general! We had many goals, met and exceeded goals, and even developed new ones in the unprecedented times that we were all going through. Looking ahead to 2021, we took a step back to evaluate what’s working, what’s not working, and what can be improved. After all of that, we have some exciting changes to tell you about!
As we enter the final week of 2020, our team at The Insurance Informant, LLC has taken some time to reflect on our first year. It’s hard to believe that an entire year has gone by since our website and social media platforms officially launched. Throughout that time, there were plenty of ups and downs, early and late nights, and shifts in our plans. But through it all, we could not be prouder of everything that has been accomplished.
Whether it’s a birthday party filled with toys and treats, or a photoshoot just for them, it’s become a common occurrence for pets to be treated like family by their owners. Pet owners are prepared for anything – but what about a medical emergency costing thousands? Most people don’t budget thousands of dollars for pet costs, yet pet insurance policies to cover these costs are few are far between. How much does pet insurance cost? Would it be worth it for all types of pets? What coverage can you expect to receive?
With all of the joy the holiday season can bring, the last thing you want is to be stressed about potential financial losses from problems going awry with the gift-giving process. Online shopping has been increasing at a rapid rate, and as a result, the rate of stolen packages has also risen. However, a couple of tips, tricks, and insurance coverage options could help ensure your gifts are safe during the holiday season, so you can enjoy the quality time and food these months bring, with a little less worrying.
Trampolines, treehouses and swimming pools, oh my! With the increasing prevalence of these fun filled features in backyards across America, homeowners are often faced with uncertainty about the liability these may carry. Often referred to as “attractive nuisances” in the insurance world, special insurance requirements may be necessary to deal with the inherent liability risk.
Life Insurance is often put on the back burner for many people who struggle to pay their day to day bills. However, what many do not realize, is that it can act as a safety net for their family if a tragedy happens. There are two main types of policies for life insurance that each have unique pros and cons depending on the individual who is looking for a policy. So, when is the right time to get Life Insurance? How do you go about picking a policy that is right for you?
After the bags are packed and the plans are made, you’re all set, right? Hold on. What about Travel Insurance? There are multiple types of travel insurance that could cover various unfortunate events, such as medical emergencies, loss or delayed baggage, cancellation of travel, and more. Thus, what type of insurance should you purchase? When is it applicable?
The Insurance, Risk Management, Financial and Analytics Industries are becoming big and growing exponentially. This growth has resulted in the global expansion, as well as competition, among the players of the industry. As the global population is faced with existential threat to human existence on earth with the COVID-19 pandemic, cyber security threats, and climate change, it is incumbent upon actuaries and financial industries to rise up to task ahead.
Anyone new to dealing with healthcare insurance in the United States would likely agree that it can cause a lot of confusion. Why are there so many different plans? What do they mean? How did they come about?
When someone hears umbrella insurance for the first time, their first thought may be ‘Why in the world would anyone need to insure their umbrella?’ Although a valid question, personal umbrella insurance refers to a type of insurance that covers claims that exceed your regular insurance policies. For instance, let’s say you cause an accident where the other injured party sustains major injuries and requires hospitalization. Medical bills add up quickly and could end up costing hundreds of thousands of dollars. But what if your auto insurance policy won’t cover this amount? By purchasing personal umbrella insurance, you can help ensure that you and your family do not suffer financial hardship or bankruptcy as a result of an unforeseen accident. In today’s litigious environment, it makes sense to have the extra protection that personal umbrella insurance provides.
Natural disasters can strike quickly and unexpectedly, devastating your home and belongings. Without an insurance plan in place, it may be hard to recover from whatever Mother Nature throws at you. While these disasters may be difficult and confusing to plan for, it’s helpful to know what your basic homeowner’s policymay cover in regard to these hazardous events and what additional coverage options are available to you.
One of the last things you want to worry about when you are planning a time for relaxation and fun, is figuring out if you need rental car insurance. Is this extra insurance worth purchasing? Does your current car insurance policy cover the use of a rental car while on vacation? Is it a waste to buy the extra protection from a travel or car rental agency?
The Coronavirus (COVID-19) pandemic is causing a global catastrophe by exposing cracks in the global economic policies, disproportionately destroying the lives of the poor, and making it even more difficult for CEOs and managers to find the right talents to recruit and to hold their workers accountable. Not only that, but it has made it difficult for managers and team leaders to provide clear expectations, capabilities, feedback, or even use effective measurement tools and consequences for team members. The ravaging effects of the COVID-19 pandemic on families is beyond repair - terminating and sending untapped ideas, talents, and dreams of many workers to their early graves.
Retirement is considered to be one of the monumental milestones in an individual’s life. Once one decides to make their exit from the workforce, the question naturally turns to how they will be able to continue to afford their living expenses. While investments, pensions, and 401k plans are viable options, one of the most popular forms of fixed retirement income lies in the shape of the Social Security program. In the year 2019 alone, over 48 million retired Americans received Social Security Benefits. However, projections from the Social Security Administration illustrate that benefits will only be able to be paid in full until the year 2035. What is the source of this growing crisis, and what steps can be taken, if any, to rectify it?
When was the last time you went to the beach? Whether it was pre-COVID or not, do you remember all of the beautiful beach houses? If you are an owner of one of these beautiful properties, then it is likely you know about floods. Yes, the probability of them occurring are low, a one percent chance per year, but the impacts are devastating (FEMA 2020). Floods are the leading cause of death and destruction out of all natural disasters that occur in the United States (Flood Safety).
Did you just get married? Graduate college? Or have a new baby? If so, that means it could be time to buy life insurance! For many young adults, the thought of life insurance can be confusing or undesirable, and the idea is often overlooked. However, getting insured is an essential step in ensuring you, along with your family, are protected during the most challenging times in your life. Throughout this article, I will highlight some important concepts to know and understand when choosing a life insurance plan for the first time. Following these suggestions could help ensure getting the best value product, while also avoiding some of the common mistakes.
Insurance fraud is a deliberate deception created against or by an insurance company or agent for the purpose of financial gain. This type of fraud can be committed by applicants, policyholders, third-party claimants, or professionals who provide insurance services.
It is no secret that health-related costs have skyrocketed in recent years. However, there are still many people who believe health insurance is unnecessary or impractical. Some people think they are healthy and don’t need health insurance, while others struggle to find health insurance plans that are affordable and accessible. One thing most of us can agree on is that no one wants to be stuck paying $10,000+ out of pocket when something unexpected happens. Unfortunately, the unexpected should be expected. Health insurance is clearly important and it can also be affordable and accessible in many situations.
There is a growing fear that if the evolution of artificial intelligence (AI), automation and Internet of Things (IoT) becomes fully developed and operational, it could eliminate many jobs throughout the insurance industry and the world. However, many surveys still show mixed reactions about the future affects. It is an undeniable fact that most of the current jobs will be automated for the sole purpose of efficiency. As a result, this will have both positive and negative effects on the retail, food, medicine, hospitality and insurance industries. The focus of this article will dive into the effect of AI, automation and IoT on the personal lines insurance industry.
A disability can impact anyone’s lifestyle in several different ways. Depending on the severity of the disability, a person may need to stop working because they cannot complete the required tasks anymore. To help provide support to this group of individuals, the Social Security Administration has a program that helps relieve the financial situation a disability might cause. In this article you will learn more about the Social Security Disability Program and how it operates to benefit the disabled.
It is hard to prepare for your or your spouse’s death since no human being likes thinking of it happening. However, we must put that hardship aside to help secure a prosperous future for the surviving party. How can you make sure that they receive the best out of this benefit in case it is triggered? Who is considered a surviving party? What happens when no surviving party is eligible for the benefit? Don’t worry if these questions overwhelm you. They might seem complicated at first, but when you understand the principles, it will become easier.
Most of us are expected to receive Old-Age benefits when we retire by contributing to the OASI Trust Fund. These contributions will blossom differently depending on many variables that we all should consider. Throughout this article, I will discuss some of these variables and explain how you can use them to secure a better position when you decide to retire.
Moving can be an exciting new venture in your life, but buying or selling a home can raise questions about your homeowner’s insurance policy. How does your policy change from house to house and what steps can you, as a homeowner, take to ensure that all your insurance needs are taken care of without gaps in coverage? With a couple of simple steps and reminders, this move can transition seamlessly and ease some of the struggles and concerns associated with this confusing and often-unchartered territory.
Imagine this - You wake up after a short, interrupted sleep. It is 6 AM, and you’re dreading the office today remembering your workload. As you close your front door, the robo-taxi arrives. Inside, you open your laptop and receive a 20-minute head start on your work emails. Sounds great, right? Unfortunately, this won’t be happening anytime soon. While, in recent years, auto executives have made claims that there would soon be widespread usage of highly autonomous cars, it has proven far more difficult than anticipated.
Marijuana legalization has quickly jumped to the forefront of the most hotly debated topics in American politics. As public perception of the drug continues to become more and more positive, the question of marijuana’s legalization on a federal level has transformed from an ‘if’ into a ‘when’. Like any other rapidly rising industry, the lucrative and pervasive nature of the cannabis industry will surely have an impact on the many facets of personal lines insurance.
How long do you usually wait to see a doctor when you are feeling under the weather? Probably a long time! And for all that time spent on waiting, the average clinic visit in the United States only lasts 7 minutes for an established patient and 12 minutes for a new patient. Now imagine, a similar situation, but without the time spent driving, parking, and waiting. Telemedicine has been around for decades but is starting to become more well-known across the nation. It connects technology with healthcare to make it more convenient and accessible. With a world in a pandemic, and so many new social distancing guidelines, it creates a golden opportunity for telemedicine!
Over the past 6 months, The Insurance Informant has brought an article and corresponding podcast to our audience each week. We have acquired the knowledge necessary to build and run a website, social media platforms, and so much more! Along the way, we have learned and made mistakes, but one thing has held true - we are delivering on our promise to bring Insurance Information to a Modern Generation!
It doesn't get much better than walking into a cell phone store ready to make an upgrade on a phone that you've had for years. You may know exactly what you want and can quickly answer every question the sales associate asks - except for one: Would you like to purchase the insurance for your phone? Instantly, you freeze in your tracks! You know you have a terrible track record with breaking your phone, dropping it in water, and all sorts of other incidents. But is it a good idea to pay extra every month just in case? Will you come out ahead, or end up spending more in the long run?
Personal auto insurance is full of many different coverages, limits and deductibles to choose from. Some of these are required by law, others may be required by your loan company, and the decision to purchase others could be truly up to your preference. So what do you do about those coverages that are optional? Should you skip them in an attempt to save money? Should you buy the lowest coverage possible so you are at least a little protected? Uninsured and underinsured motorist coverage is one of those items that is required in some states and optional in others! So should you purchase?
With hurricane season in full swing, many of us who live near the coast may want to pay a little more attention to the hurricane portion of our insurance policy than we do for the rest of the year! For many of those who live in some of the hardest hit areas, such as South Florida, you may already be pros at the insurance side of a hurricane. But what about those of us who live in places where major hurricane damage is less likely, but still possible? Are you prepared?
Life insurance may seem like one of the most straight forward types of insurance - you pay a premium today and the insurance company is responsible for paying a benefit upon your death. While the basics are fairly simple to understand, there are many different items that you need to be aware of that could affect your coverage. These items are listed as provisions in your policy, and they are the key to making to sure you and your policy are protected!
Even though auto insurance is something that everyone with a car is required to have, very few actually understand the different sections and coverages of their insurance policy. Some coverages may be required such as liability or personal injury protection, but others like physical damage coverage and uninsured motorists coverage may not be. In an attempt to save some money, would it be okay not to purchase some of the optional coverages? Could, or should, you skip the physical damage coverage?
It's pretty common knowledge that home insurance is something that almost everyone purchases - especially when buying your first home. However, what many don't know is that there are so many different types of home insurance policies depending on the type of home you buy and your insurance needs! The most common of all of these policies for a typical single family home is the HO-3 Home Insurance Policy.
Life insurance is something you may feel expected to purchase once you hit certain milestones in your life such as a marriage or children. Now that you've learned about the different types of life insurance and the specifics of term and permanent life insurance, what is the next step? Are you ready to move forward with finding insurance companies and getting your policy? Are you curious what the application process entails?
With the COVID-19 pandemic temporarily closing down businesses, many individuals find themselves staying at home almost non-stop. There is probably the occasional trip to the grocery or for takeout, but other than that your vehicle time could be greatly reduced! Unfortunately, what is not reduced is your monthly car insurance payment - until now!
While a home insurance policy is a great way to cover the majority of items you own, there are a few special items you may need to take a look at. Some types of unique items have a limited amount of coverage under a typical homeowners policy, and may need a floater to adequately insure. Perhaps the most common item(s) are jewelry, watercraft, and firearms!
Unfortunately, until you are in a situation where you either wreck a friends car or vice versa, your first thought when borrowing someone's car isn't the insurance that comes along with it. What if I have insurance and my friend doesn't? Will that affect the future cost of my insurance? So many questions for such a common occurrence!
With travel insurance brought into the forefront of conversations over the past few months, many have been left wondering if it is even worth it? Why would you spend that extra money on something that didn't even cover us during the global pandemic? Even though travel insurance isn't guaranteed to pay out in all situations, it could still be beneficial in various circumstances!
So, have you officially hit the point in your life where you're thinking about purchasing life insurance? As we grow older and take on greater responsibilities, the need to provide financial security for our family, friends, and charitable organizations continues to grow. While life insurance seems like a straightforward choice, there are two main types of life insurance - each with multiple variations. In this article, we are going to explore permanent life insurance products.
As I'm sure you've learned by now, insurance is full of tons of acronyms and short hand that can be very hard to follow. It's bad enough to have groupings of letters that make insurance more confusing, but in auto insurance they start grouping numbers together and you're just expected to know what it means! So what does 100/300/50 or 300CSL mean anyway? How does it apply to you and your auto insurance coverage?
At some point in your life, you probably woke up one day and realized you aren't as invincible as you thought. Gone are the days where you make split second decisions without carefully reviewing the potential consequences. When you reach this point in your life, you may also start to think about taking steps to ensure your friends, families, and organizations important to you are taken care of well into the future. One of the first things that comes to mind is life insurance. Even though you may have limited funds, a term life insurance policy can help you accomplish your goals at a reasonable price.
Congratulations! First, you bought a home, rented an apartment, or did something similar. Then, you secured the appropriate insurance policy. Basically, you're feeling smarter and more prepared than most people your age. But now what? Are you done? Should you do anything else?
With the recent COVID-19 outbreak - and global pandemic - many people are learning the fine print of travel insurance policies the hard way! If you are one of the small percentage who purchased travel insurance on a trip that was interrupted by this novel virus, your first thought may have been "Thank goodness I paid the extra $15 for the travel insurance!" Now, you have come to find out that nothing in your insurance policy will actually cover your loss. Why is this? What is the point of purchasing travel insurance anyway?
Insurance policies can get confusing quick when they start throwing around terms that everyday people don't even use. Even knowing who is involved in a life insurance policy needs a dictionary to figure out. With insurance companies throwing around terms like assignee or insured so much, how exactly are you supposed to know who is even involved in your policy? In this article, we are going to breakdown each of the parties involved in a life insurance policy and shed some light on each of their roles and responsibilities!
If you've stumbled onto this article, then it seems you are looking to be a little more knowledgeable about insurance than most of the population. Below, we will explore the eight types of homeowners policies that you can buy depending on your circumstances. If you are looking basic information for your homeowners needs, click here to visit our Insurance 101: I Bought A Home article!
Alright, so you've mastered the difference between collision & comprehensive coverage, you understand why deductibles exist, so you start looking for auto quotes! Everything is going smooth until you get to the physical damage section. For the most part, you have three options to choose for your deductible - $250, $500, $1000. Some companies have even more with $100, $2,000, and beyond! Is more better? Do I want the smallest amount possible? If you are like most of us you simply say "I'm not sure, so I'll just choose the middle number!" In this article, we are going to help walk you through how to choose the right deductible for your situation.
In an industry full of acronyms and complex terms, it's very easily to get lost reading something that should be a basic sentence! You'll see references to PAP, deds, decs, exclus, and so much more! We will be publishing various articles to discuss all of this insurance lingo and help you understand the different parts of your insurance policy.
In this article, we are going to focus on the declarations (or Dec) page which can be found on every type of insurance policy you have!
So, you've rented an apartment? This may be your first step out on your own beyond your parents home, or you may be a renting pro at this point. Regardless, many renters do not fully understand the need, and affordability, that renters insurance provides! For a minimal investment, the contents you own (inside or outside of your apartment) could be protected in the event of a loss.
When it comes to Auto Physical Damage Coverage (aka repairing your car after an accident), the only thing you have control over is your deductible amount. You don't get to pick a limit - you only get to choose the amount to pay if you suffer a loss.
If you are like most people, you may not think about getting life insurance until you have a major life event. After all, if you are in your 20s and single you may not think that there is anyone who needs your life insurance if you pass away. What most people don't know is that life insurance can be more than just paying money to someone in the event of your death!
First off, Congratulations - You're buying a home! Maybe it's for the first time, or maybe you're a seasoned pro. Either way, with a home comes a mortgage, and with a mortgage comes homeowners insurance. But where do you find homeowners insurance? What exactly does it cover? Is all homeowners insurance the same? Should I check around for a better deal?
As you are starting to renew your auto insurance policy, you notice that a bulk of the premium you pay is going in this Collisionand Comprehensive category. What is even more baffling is that it doesn't even tell you what your limit will be! Why are you paying so much for something you might not even need?
Hi everyone! First off, thanks so much for visiting this website!! The Insurance Informant was one of those ‘ah ha’ moments and we just decided to run with it and not look back! So here I am, contributing to the creation of an entire social media platform to talk about everyone’s favorite topic – insurance! … Make Insurance Simple Again! Read More »