Category Archives: Finance Guide

Loss assessment coverage

Condos, townhomes, and condominiums can all be part of a homeowners or condo association. In exchange for the amenities and services offered to the community and building, these associations charge homeowners and condo owners dues. These amenities and services could include maintenance of common areas such as swimming pools and tennis courts as well as security measures or […]

What Is Taxable Gain On Life Insurance?

Life insurance provides financial support for beneficiaries upon death; however, how this payout is received may have substantial tax ramifications. Distributions from life insurance policies are subject to tax if they exceed their policyholder’s cost basis, which this article will explore along with partial surrenders, withdrawals and loans that impact it. Cost basis When accessing […]

Can You Cancel Homeowners Insurance At Any Time?

Insurance policies may be cancelled and non-renewed for various reasons, including nonpayment of payments or changes in risk as well as conditions on your home or property. Most insurers require giving enough time (varies depending on state) for replacement coverage to be acquired. If your insurance has been cancelled or non-renewed, reach out to your […]

Personal property insurance: Are you covered?

Many belongings are kept in your home, including photo books, electronic devices, furniture, and work materials. Personal belongings are not only important for personal attachment. Homeowners insurance policies also include this standard coverage. Personal property coverage protects you and your home from common perils such as theft, fire, and falling objects. Your home insurance policy has provisions […]

Does A Windshield Claim Increase Insurance?

Will You Submit an Insurance Claim for Windshield Damage? – Filing an insurance claim for windshield damage depends on its cost and your car insurance provider. A chipped or cracked windshield typically falls under comprehensive coverage which protects against non-collision damage to your vehicle. If another driver breaks your windshield, you can make a claim […]

What is non-standard auto insurance?

Without auto insurance, you could face a host of legal and financial problems. The majority of states in the United States have minimum auto insurance laws. These laws require that all drivers or vehicles must meet a minimum level of auto insurance coverage. This is commonly called basic liability insurance. For risky drivers, however, it may be more complicated. Your […]