advice and how-tos
Should You Carry Car Insurance if Your Car is Paid Off?
You made your last car payment – it’s a happy day! You finally own your car free and clear. Has the thought crossed your mind to lower your car insurance now that you don’t have financing on it? [sc_content_link label=”Get today’s insurance rates.” cat=”auto”] While it’s a nice idea, since it would save you even […]
Read morePaying Car Insurance Late: What Happens?
It happens to the best of us – you realize after the fact that you missed your car insurance due date. What does this mean? Do you automatically lose your insurance coverage? [sc_content_link label=”Get today’s insurance rates.” cat=”car”] Fortunately, many insurance companies don’t cancel your policy immediately, but you must get caught up quickly or […]
Read moreLearning to Parallel Park
Have you not parallel parked since your driving exam? You aren’t alone, millions of Americans avoid this type of parking at all costs. But what happens when you are in a situation where you have no other choice? Wouldn’t you rather know how to parallel park rather than risk embarrassment or worse yet, cause an […]
Read moreIs it Worth it to Bundle Insurance?
Insurance companies typically offer a discount if you bundle your insurance. This means getting multiple policies from the same agent. Typically, insurance companies offer the largest discount for auto and home insurance bundles, but it’s worth asking about other policies if you need them too. [sc_content_link label=”Get today’s insurance rates.” cat=”auto”] How Much Can you […]
Read moreCan you Save Money Bundling Insurance Policies?
You’ve likely seen or heard the advertisements. Bundle your insurance and save! But is it really the truth? If you get your homeowner’s insurance and car insurance from the same provider, do you really save that much money? [sc_content_link label=”Get today’s insurance rates.” cat=”car”] In some cases, yes, you do save. But you have to […]
Read moreWhat’s the Penalty for No Health Insurance and Why Should You Care?
If you have not filed your taxes for 2018 yet, you may face a penalty if you didn’t carry health insurance for the entire year. Through 2018, all taxpayers that can afford health insurance must have it. If you chose not to have it, you may pay a penalty called the Shared Responsibility Payment when […]
Read moreWhat Does it Mean to be a No Fault State?
Auto insurance protects those involved in a car accident. In some states, your insurance protects only you, not the others involved in a car accident. This is the case in no fault states. You file a claim against your own insurance after an accident. Some states call no fault insurance Personal Injury Protection, or PIP. […]
Read moreHow do Insurance Companies Make Money?
Insurance companies typically don’t make money on your premiums. The money collected from premiums helps insurance companies pay out on claims. The time in between collecting the premium and paying claims is when the money making occurs for insurance companies. [sc_content_link label=”Get today’s insurance rates.” ] Keep reading to learn how this works. Premiums Collected […]
Read moreDo Insurance Companies Share Claims History?
Are you looking for cheaper insurance? If your claims rose recently and you wonder if another company can give you better rates, you should know that your claims follow you. If you want to change insurance companies because your premiums are getting out of hand with your current company, but it’s due to a large […]
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