Accidents happen, but some accidents are more expensive than others. When it comes to multi-thousand dollar vehicles and the physical safety of other people, accidents can be downright unaffordable, even with decent auto insurance. If you were recently at fault for a car accident – even if you have years of clean driving records to prove it was a one-time incident – you will likely experience an increase in your premiums if the person you collided with decides to file a claim. As the DMV points out, there are many different factors that … [Read more...] about What to Do When Your Car Insurance Becomes Unaffordable
When should you buy life insurance? When buying life insurance, it often saves you money if you think about the transaction from the insurance company's point of view. Their goal, of course, is to take in more insurance premiums than they have to payout in claims. So, which populations of the insurance company’s potential client base will pay more insurance premiums before they die and their family claims the payout. It’s the law of large numbers and averages at work. And, it’s where actuaries make their living. When Should You Buy Life … [Read more...] about When Should You Buy Life Insurance – Buying Insurance Young
There are a lot of myths surrounding car insurance out there, from the color or sportiness of your car affecting your rates (or not) to the question of accidental coverage for instances when a driver other than the car’s owner is behind the wheel. To avoid confusion, it’s important to rely on research conducted by credible companies and organizations, such as the big study from Insurance.com on the impact different tickets have on your car insurance rate. Save with USAA Auto Insurance. Get a quote today! How to Lower Your Car Insurance … [Read more...] about Top 5 Ways to Lower Your Car Insurance Bills
Do you have enough life insurance coverage? You might not have enough coverage through your life insurance from work. According to a recent LIFE Foundation and LIMRA Study, almost one-third of all Americans believe that they need more life insurance coverage. LIMRA, a worldwide association of insurance and financial services companies, recently found that about 40% of people own a life insurance policy only purchase it through their employer. They do not have any other policies. There are a few issues with only buying life insurance … [Read more...] about How Much Life Insurance Do You Need? And 5 Policies You Don’t!
Like many people, car insurance renewal time is stressful and painful. The process is stressful because you feel obliged to read through pages and pages of documents you might not understand and feel pressured to sign without a second thought. The process is painful because you think there might be better deals elsewhere but overall, you know that your car insurance costs will be astronomical. What to Do When You Get Your Car Insurance Renewal So, what exactly are you meant to do when it comes time to renew your car insurance? Read your … [Read more...] about What to Do When You Get Your Car Insurance Renewal
There are a lot of car insurance myths that continue to be spread around by consumers. One of the biggest reasons for car insurance myths is that you do not exactly know how your car insurance is calculated by your insurance company. These calculations are a closely guarded secret by most car insurance companies, but there are a few clues as to what makes our car insurance rates rise. It is important when you compare car insurance rates to understand as much as you can about how your car insurance rates are calculated and to debunk the popular … [Read more...] about Top 7 Car Insurance Myths You Need to Know