Flood insurance protects homes from water damage due to flooding. Without supplemental insurance, damages from floods are typically not covered, as they are considered unforeseeable events. Learn what you need to know about flood insurance. How Does Flood Insurance Work? Flood insurance is distinct from basic homeowners insurance. It covers damages due to floods, which…
What do new drivers need to know about distracted driving? Your teen just passed their license test — and you want to make sure safety is their priority. Before your teen gets behind the wheel without you by their side, take a look at what they should know about distracted driving and how you can…
Your driving record plays an important role in the determination of your auto insurance premium costs. The logic around this connection comes from the fact that insurers assume a substantial degree of risk in working with you. If you find yourself in an automobile accident, the insurer, resulting in losses for the company, must often…
If you are looking to purchase life insurance at a young age, the low cost of term life insurance is attractive. Depending on your age, you can often purchase a substantial policy for a low premium payment. While term life should have a place in your financial portfolio, you also need to consider purchasing a…
A home is a valuable investment. Whether you own it or are renting it, however, you should consider insurance. However, there are many types of insurance to consider when protecting your home. If you would like to know more, check out these four types of home insurance to consider. 1. Standard Homeowners Insurance If you…
Homeowner’s insurance can be confusing, especially if you have trouble understanding the fine details of your policy. It’s no surprise that some homeowners fail to understand exactly what their policy includes. Unfortunately, you can make certain insurance mistakes that might cost you a lot in the long run. The unexpected can happen. And if you…
If you plan to make changes in your home, you might want to inform your insurance company. For your safety and peace of mind, you need to know that you’re paying for the right type of insurance and at a fair price. Although some home upgrades can increase your home’s value, they could end up…
The Covid-19 pandemic turned our country upside-down. From working at home to toilet paper shortages, the pandemic made everyone look at things differently. With this in mind, it may be time to review your insurance needs. Auto Insurance Most people understand that the cost of your automobile insurance policy depends on many factors, including: Credit…
Auto insurance is one of the most common forms of insurance, probably because it’s a legal requirement. Despite this, many people still don’t understand auto insurance as well as they should. Below is an overview of flawed beliefs people have on auto insurance. Color Affects Insurance Rates Some people believe that car color affects auto…
Are you in the market for life insurance? Then one of the first decisions you will need to make is whether to purchase whole life insurance or term life insurance. What do these mean and how can you choose the right product for your own circumstances? Here’s what you need to know about whole and…