Category Archives: Finance Guide

You may need special coverage called SR22 if you have been identified by the Motor Vehicle Department as a high-risk driver. SR22 is proof that you have sufficient insurance to legally drive after a major driving offense. You should ask the Motor Vehicle Department if you are eligible for SR22 coverage. Common reasons include a DUI, DWI, […]

nearly 20 Americans are subject to physical abuse by their intimate partners every minute. This is more than 10,000,000 women and men per year. It has been hard to adjust to a COVID world . This is especially true for domestic violence victims who are forced to live with their abusers. Coronavirus, which brought a new wave […]

Recent news stories have once again criticized the insurance companies for not providing critical illness insurance. A critical illness claim is more complicated than a claim under life insurance. It will be difficult for an insurance company to claim that you are not dead with life insurance. Critical illness claims can be more complex by their very […]

You are an actuary, or another insurance professional and need to file rate changes with the State Departments of Insurance. You are limited on time so it is important that the state approves your rate changes immediately. This scenario is something I’ve been involved in for over 15 years. When filing rate files, my goal is to […]

Drink-driving has become a serious concern in recent years. Any form of drunk driving is treated seriously by courts. This can be seen in the severe sentences that may be handed down and the possible consequences for the motorist, passengers, and others involved in an accident. Practically, being convicted of any type of drink driving […]

Homeowners insurance is an essential part of any financial plan if you have a Golden State home. You can find the best homeowners insurance in your area by searching forBest homeowners insuranceCalifornia residents may be interested in quotes from Allstate or CSAA, State Farm and USAA. On average,California home insurance costs $1,014 annually for $250,000 of dwelling […]

Charleston has a 62% homeownership rate. This is slightly less than the national average of 66%. Charlestonians pay $1.213 per year for $250,000 coverage. This is less than the $13,312 annum average. Bankrate compared many carriers on the basis customer service ratings, financial strength, and average rates. These national carriers can offer full coverage and discounts to you. […]

Because it is usually easier on the wallet, many people pay their car Insurance premiums every month. In Illinois, the average cost of car insurance is $37 per month for minimum coverage and $124 for full coverage. This amounts to $442 and $14,485 respectively. The rates you pay could be different depending on where your are located in Illinois, […]

Investors are now looking for security and safety more than ever after the stock market correction of 1999-2002. Many variable annuity and brokerage accounts have not been able to recover their losses over the past four years. Many investors had been counting on these funds to provide income in retirement. The equity indexed annuity (or EIA) was […]

Even if you only pause for a second, many of us have thought about the age-old question: “If I get an old car, will it be more costly to insure?” This question is absurd. Actuaries, the mathematicians that determine your rate at a given moment, have many factors they can leverage to ensure every car insurance premium […]