It can happen out of the blue. You get a bill for health services that you never obtained, or maybe you file an insurance claim and your insurer tells you that you have reached your benefit limit. Identity theft can also be found in the medical and healthcare sectors. It is not just limited to your financial data. In this case, identity thieves confiscate people’s health insurance and personal details so they can obtain certain types of treatment, procure prescription drugs and receive medical care. How to Spot Medical Identity … [Read more...] about How to Spot and Prevent Medical Identity Theft
You may have seen all of the advertisements on television for a vanishing car insurance deductible. But, you may not know exactly how it works or if it is even worth your time and energy to investigate adding it to your car insurance policy. You know doubt have car insurance questions and probably want to know how a vanishing deductible work. What Is A Car Insurance Deductible? Most people who own a car and pay their own car insurance understand what a deductible is. The deductible for your car insurance is the amount of money that you pay out … [Read more...] about A Vanishing Deductible For Car Insurance May Cost You More
At some point in your career, you are going to get hurt. It is almost inevitable. Over a third of all Americans will eventually find that they disabled at some point during their careers and unable to work for an extended period of time according to the Social Security Administration. How will you pay your bills? How will you support your family while you are disabled? How long will your emergency fund last you and your family? It is estimated that over 70% of American employees are not covered by some type of private long-term disability … [Read more...] about Why You Need Disability Insurance
For years car insurance companies have used your credit history in order to help them determine the likelihood that you will file a claim on your car insurance. According to studies like the one conducted by the industry group, the Insurance Information Institute, drivers with low credit scores tend to file 40% more insurance claims with their car insurance companies. It is estimated that those with poor credit scores can find themselves paying anywhere between 20% and 50% more for insurance than someone with better credit. How Much Does Bad … [Read more...] about Does Bad Credit Affect Car Insurance Premiums?
A few weeks ago I wrote a guest post on one of the biggest personal finance blogs around, Free Money Finance, about the ten insurance policies that everyone should own. There is a fine line with having too much insurance. I took some heat in the comment section of the post from people who said that the ten different types of insurance policies I listed would leave me insurance poor. Maybe they would do that, but maybe they wouldn’t. How many insurance policies are too many? How Many Policies Do You Need? Do you need ten different insurance … [Read more...] about The Fine Line Between Too Much Insurance and Not Enough
In a recent survey, 80% of Brits said they would be looking to save money in the coming year by trimming the amount they spend on financial products, despite the fact that a similar proportion have never changed providers. Thankfully, the home insurance market is already very competitive, with big banks squaring off against smaller providers and driving down prices such as home insurance products from Santander. That's not to say, however, that there isn't always a way to save a few more pennies, and here are some useful tips. … [Read more...] about Top 5 Tips For Cutting Insurance Costs