Category Archives: Finance Guide

Subrogation is a concept that most insurance claim professionals are familiar with. Your company may have a subrogation division or even a specialist. Subrogation procedures are fairly uniform across all companies. Claims that are made due to partial or total negligence of a third-party are referred directly to the subrogation department, where subrogation efforts are […]

The second most common cause death in teens is motor vehicle crashes. 2375 teens between 13 and 19 died in 2019 due to crash-related injuries. Today, it’s much more dangerous to be a teenager driver. Research has shown that the risk of becoming a driver is greatest at 16 years old. Teenagers between 16-17 years old have a four-fold higher crash rate […]

Insurance companies use credit score to set car insurance premiums. This is because data that indicates a person’s ability manage financial affairs can often be a good indicator as to whether or not they will generate more or less insurance claims. This assumed risk is addressed by carriers who adjust their premiums. When applying for auto insurance, most […]

You are about to embark on an exciting road trip to Mexico. Now that you have all your gear packed and your car tuned, it is time for you to buy your Mexican tourist insurance. Although your Mexican auto insurance coverage decision may be one of the most important, it is also often the most […]

In 2019, there were 721,885 stolen vehicles, which equates to $6.4 billion in motor vehicle thefts. It is a decrease of 4% from 2018, when 751,885 cars were stolen. However, this still means that almost 722,000 vehicle owners suffered that loss in a single year. The FBI’s motor vehicle theft statistics include many types vehicles, and not just cars. Motor […]

Apoor credit history could follow you around in unexpected ways. Your credit score could impact how much you pay for car insurance. Experian is one of three major credit bureaus. “Auto insurance companies can and often do consider your credit history or use credit-based insurance scores before offering you coverage.” Unfortunately, Texas has not been able to stop […]

Motor vehicle accidents cause half a million injuries each year. They are entitled to compensation. Many of these people do not know their rights or how to claim this compensation. These people are often left out of the money they deserve for their pain and suffering. After an accident, the steps for filing a claim […]

Every year, nearly 40,000,000 cars are being sold. The main factors that influence the price of your car include its mileage, interior and exterior conditions, location, make, model, year, and the make and model. Actual cash value (ACV), which is the actual value of a vehicle, may be used by insurance companies to calculate how much they will […]

The Gateway Arch is a landmark in St. Louis. It also houses over 300,000. residents , 43% of which own their homes. Although homeowners insurance is not required by law, it is required for those with a mortgage or home loan. Home insurance is an important part your financial plan, even if your home is not your own. […]

Life insurance policies are often viewed as a safety net for our loved ones in case the worst happens. But what if you find yourself in need of cash now? Can you cash out your life insurance policy? The answer is yes, and it may be an option worth considering depending on your circumstances. In […]