Insurance

A Basic Guide to Choosing Home Insurance

As the largest asset most people will ever own, the house requires adequate insurance coverage against loss. Most lenders require a mortgagee to carry replacement-value house insurance at all times.

A Basic Guide to Choosing a Life Insurance Plan

Life insurance is a policy, or contract, between you, the policy holder, and an insurance company (insurer). In exchange for your payments, commonly called premiums, the insurer provides death benefits to your beneficiary after your death.

What Happens If Car Insurance Lapses?

Things happen. Sometimes we accidentally forget to pay the car insurance bill. We might have a tough month financially and just not be able to cover the bill. Whatever the reason is, the car insurance bill didn’t get paid and your auto insurance has lapsed.

Why Did My Car Insurance Go Up?

"Why did my car insurance go up? I had no claims and my car is only one year older!"

“Why did my insurance premium increase? I haven’t been in an accident, gotten any tickets, or made changes to my policy.”

What Is Considered Full Coverage Auto Insurance?

When people talk about "full coverage" car insurance, they're often referring to a combination of coverages that help protect a vehicle. But, there's really no such thing as "full coverage" for your car.

What Age Does Car Insurance Go Down?

How Age Affects Car Insurance Rates

As car insurance companies calculate your premiums, they may place a large stock in your age if you or another driver in your household is under 25 years old or over 65 years old.

How Long Can You Stay On Your Parents Car Insurance?

For many teenagers, the cost of buying car insurance on their own may be more than their summer jobs can handle. That’s why many parents put teenagers on the family insurance policy, where the expense is much less than if a teenager bought his or her own insurance policy.