Category Archives: Finance Guide

Is There Still A Fine For No Health Insurance?

The Patient Protection and Affordable Care Act, often called Obamacare or ACA, was signed into law in 2010. The health insurance reform law created new rules and guidelines for private insurance companies, as well as a government-run health insurance marketplace. One of the most well-known provisions of the ACA is the individual mandate, which required […]

Penalty For No Insurance Exceeds the Cost of Purchasing It

Why is insurance necessary for Illinois drivers? It’s a law that Illinois drivers must have insurance. To protect the public and those who are in an accident, all car owners must have at least the minimum liability coverage. All Chicago area drivers can obtain the recommended coverage at a reasonable price.What happens if you don’t have insurance? What can […]

Do You Need Bodily Injury Insurance in Florida?

Introduction You may be asking “Is Florida required to have bodily injury liability insurance?” We’ve created this article to answer your question. Bodily injury liability insurance (BI) covers bodily injuries caused by negligence. This coverage does not cover the injuries to the victim of the wrongful act. If you are a bad driver and cause an accident, your […]