How much is flood insurance? And, do you even need flood insurance for your home or business? The answer may surprise you. Flood insurance is a very beneficial type of coverage that is useful for both commercial and residential property owners. Floods can cause significant amounts of damage to any type of property, and this damage can lead to thousands of dollars in losses. Flooding occurs more often than tornadoes, earthquakes or hurricanes. Between 2005 and 2014, flood insurance claims averaged more than $3.5 billion per year. The best thing … [Read more...] about How Much Is Flood Insurance? Myths You Need To Know!
Insurance
Different Types of Insurance Available
Insurance is a financial product in which companies that offer it will take on some form of monetary risk in return for the payment of premiums. There are many types of insurance that you may want to consider purchasing to protect yourself and your family. An individual will typically invest in it to guard against having to pay out a large sum of money for common problems that may occur. Being insured gives peace of mind that should disaster strike, the financial implications of this can be dealt with and some of the common insurance … [Read more...] about Different Types of Insurance Available
Is Buying An Extended Warranty Right For You?
I recently had the opportunity to interview Stephen Ebbett, President of ProtectYourBubble.com. Protect Your Bubble is a third party gadget insurer (extended warranty provider). We talked about buying an extended warranty. We talked about when you should and shouldn't buy extended warranties. We also talked about the difference between insurance and warranties. Why are extended warranties offered for every imaginable gadget and electronics? Why do they seem to be on the rise and offered by every retailer imaginable? Do they deserve the … [Read more...] about Is Buying An Extended Warranty Right For You?
Do We Really Care About Texting While Driving? How To Implement Real Social Change!
Do we really care about the dangers of texting while driving? Drivers and the insurance industry have to take a hard stance on texting while driving. Do we as a society really care about texting while driving? Or, do we simply pay lip service to the dangers? I am of the belief that Americans look the other way and really do not care about people who are texting while driving. Despite it being illegal in 38 states across America, we have done little to nothing to stop the rising trend. A survey released by State Farm in November 2012 found … [Read more...] about Do We Really Care About Texting While Driving? How To Implement Real Social Change!
How to Spot and Prevent Medical Identity Theft
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
Top Ten Money Questions People Always Ask
I’m constantly being asked money questions by readers, coworkers, friends, and family members. I do ask for your money questions over and over again after all. In fact, if you email me one of your money questions and I pick yours to be featured in our Reader’s Questions Series, I’ll send you a free copy of Dave Ramsey’s book, The Total Money Makeover. I thought that it would be cool to highlight the ten questions that I hear the most often. Here are the quick answers to these top money questions that people have a burning desire to … [Read more...] about Top Ten Money Questions People Always Ask
Buy Back Insurance For Electronics Is A Waste Of Money
My wife may shoot me when I say this because I have a history of buying the latest technological gadget, but buy back insurance is a waste of money in most cases. I am a gadget fiend. I love gadgets. I own a lot of them. But, I hate wasting money even more than I love gadgets. And, buy back insurance is a waste of money like buying an extended warranty. What Is Buy Back Insurance? Recently retailers have been offering buy back insurance plans which will guarantee a consumer a certain amount of money if they choose to sell their old … [Read more...] about Buy Back Insurance For Electronics Is A Waste Of Money