Insurance Tips
Save on auto insurance, home, health, and life...
Insurance expenses are one of the easiest areas to extract a little savings in your monthly spend. Whether it's auto, life, health,or home, we've got the right tips to help you reduce your costs without adding undue risk. Find out how to go beyond the basics, and find real ways to reduce your premiums.
Mandatory liability car insurance could be one more way corporations make the poor pay more, while the rich get a free ride. According to a recent study by the Consumer Federation of America, an executive will pay up to 68 percent less for car insurance than his or her secretary, even if the secretary is a better driver. In fact, the study clearly shows that with four out of five of the leading car insurance companies, people who rent and not own, don’t have a college degree and have an average paying job automatically pay more than educated homeowners with good jobs.
If you’re anything like most borrowers, you seldom pay attention to the details of the financial documents you sign. Whether you’re sitting in front of a desk listening to a mortgage title specialist or completing an online credit card application, what you don’t know may cost you money. After all, who has the time or patience to check the small print? Throw in a few fast talking sales representatives, and all of a sudden your budget is seriously out of whack!
The highlighted story of Catherine Lovazzano in NBC news blog caught many reader’s attentions. She is one of those women who ended up in debt because of her medical expenses. A number of recent studies reveal that women are affected most by increasing healthcare costs.
If you have more services than you use in your bundle, it might be time to cut back. Saving money by paying for things you never use is not saving you anything at all. There is a good chance you can find the services that you really need and cut out the services you don't need at a lower price than you get through a bundled service. Very few people fit into the one-size-fits-all cookie cutter mold that bundles are made for.
Many insurance companies use fear to sell policies. A common fear-mongering approach is to tell a consumer that he must buy life insurance in order to avoid saddling his loved ones with debt after his passing. Not only is this type of emotional plea unfair advertising, it's not even accurate. Most debt dies with the person who carries it, so your children won't be affected once you go.
While it is true that life insurance is an important part of keeping your dependents financially protected, it is not the right choice for everyone. If your dependents are independently solvent, there is no reason for you to pay for a life insurance policy. The myth that everyone needs to carry life insurance is one of the most common misconceptions about insurance coverage. Here are a few often-misunderstood truths.
Johnathan White had been coaching college volleyball for eight years when a collision at practice left him with two broken legs requiring surgery. What was expected to be a routine medical procedure became complicated, and it was four weeks before Johnathan was released from the hospital, with instructions to recover at home for another two more weeks.
It's very important to purchase a life insurance policy when you are young so that you can protect your as well as your family’s future. The policy gives you the opportunity to provide income for your family to meet their most essential needs when you will no longer be with them. By starting early, you realize the premium savings of those in good health and lock in that rate for the term of the policy.
The latest figures from the United States Census Bureau are from 2008. As of September of 2010, 50.7 million Americans have no health care insurance. The reasons for this are many and they are grim. Employers cutting jobs, companies eliminating health care insurance for employees, families cutting insurance coverage to cut costs, the escalating cost of health care are just a few. It's been three years since the recession began and presently, there is no end in sight. The talking heads on TV say there is some evidence that the recession is over, but the fifty million uninsured Americans haven't seen that evidence.
