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!
Types Of Insurance
How Is Courier Insurance Important?
Liability is something that cannot be afforded when it comes to courier delivery. Thus in the courier business, an important step of purchasing courier insurance must be taken to ensure that the goods transaction is risk free on all fronts. That step is Courier Insurance. Huge fleet and chain of operators, sub-contractors and single operators, everyone must make this one time investment in courier insurance and also make an informed choice when it comes to drawing the budget and selecting the policy best suited for the business. First the … [Read more...] about How Is Courier Insurance Important?
Pros and Cons of No Exam Life Insurance You Need to Know
If you have been holding off on getting life insurance because you were worried about the exam that precedes a policy approval, there is good news for you. Not every kind of life insurance requires that you go through the exam procedure. Before you commit to no exam life insurance, you should be aware of all the pros and cons of doing this. Read on to learn more about these policies and whether it might be the right fit for you. Pros of a No Exam Life Insurance Of course, the process of applying for this life insurance is easier … [Read more...] about Pros and Cons of No Exam Life Insurance You Need to Know
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
Benefits Of High Deductible Health Insurance Plans
A high deductible health insurance plan is just like what it sounds like. It is a health insurance plan that has a high deductible and is designed to provide for catastrophic coverage in case something happens to you. It is a viable option for people who are struggling to find health insurance at a reasonable price. How High Deductible Health Insurance Plans Work High deductible health insurance plans usually have lower premiums and higher deductibles than standard health insurance plans. Usually high deductible health insurance … [Read more...] about Benefits Of High Deductible Health Insurance Plans
Not Living At Home? You May Need Vacant Home Insurance
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
The Fine Line Between Too Much Insurance and Not Enough
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
Top 5 Tips For Cutting Insurance Costs
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