I didn’t realize that my wife and I may need vacant home insurance after deciding to become landlords until a family member mentioned it. You are at risk of violating your homeowner’s insurance policy if you move out, no one is living in your home, and you do not have the right insurance coverage. You run the risk of having a claim denied because you did not keep your insurance company informed of changes to your situation. What Is Vacant Home Insurance? Vacant home insurance is just what it sounds like. When you move out of your home and … [Read more...] about Not Living At Home? You May Need Vacant Home Insurance
There’s no denying it: car insurance is pricey, and the cost goes up year on year. Add to that the impact of the global economy, and some decide that they’ll simply drive around without car insurance and save themselves $1,000 or more. They figure that it’s a victimless crime, but they would be wrong. We are picking up the cost of their negligence. There is a cost of uninsured drivers in America. The cost of uninsured drivers raises others insurance premiums. Worse For All Of Us In 2007, uninsured drivers cost the rest of us over $10 … [Read more...] about Counting The Cost Of Uninsured Drivers
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?