Category Archives: Finance Guide

When Did Auto Insurance Became Mandatory?

Here’s what you need to know… The McCarran-Ferguson Act passed in 1945 stipulated that the state should regulate insurance industries and laws in the interest of the public State officials establish mandatory car insurance requirements. They are also responsible for updating laws and regulations as necessary. To ensure that they do good business, agents are licensed, and […]

Can A Will Change A Life Insurance Beneficiary?

Have you ever wondered what would happen to your life insurance benefits after you pass away? You might have listed a beneficiary years ago, but is it still the right person or organization to receive your benefits? Life happens, and circumstances change. That’s why it’s essential to review your beneficiaries regularly and make changes as […]

Setting The Record Straight: Can I Make A Diminished Value Claim?

You can find the answer to the question, “Can I make a diminished-value claim?” on the internet. This question has a universal answer. Many people respond to this question with a “no” answer because they don’t understand the differences between third-party claims and first-party claims. After a car accident, claims for diminished value are filed. This is a […]

Is Emdr Covered By Insurance?

Are you considering Eye Movement Desensitization and Reprocessing (EMDR) therapy to help with your mental health concerns? EMDR is a relatively new technique that has shown promising results in treating various psychological conditions, including anxiety, depression, and post-traumatic stress disorder. However, one of the most common questions people ask before starting EMDR therapy is whether […]

The Hidden Dangers of “Permissive Use” Restrictions in Your Auto Insurance Policy

As an agent for auto insurance, one of my most frequently asked questions is “Who is insured to drive my vehicle?” Sometimes, the answer to this question is more complicated than people realize. You can skip reading this article if you have never lent your car to anyone. Short Answer: Your policy covers all people who […]