Supplemental health insurance provides peace of mind in an uncertain medical climate. This type of policy pays out lump sum payments that help mitigate potential financial risk in specific scenarios like critical illness and accidents. Supplemental policies are meant to supplement, rather than replace, traditional health care plans. With affordable monthly premiums and fixed indemnity […]
Category Archives: Finance Guide
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Basic motorcycle policies typically consist of at least liability coverage, while comprehensive or collision policies could help cover damage to your bike if an accident happens and are at fault. Track day insurance costs extra and usually has age and license type restrictions, with any speeding tickets or motoring offenses increasing your premium accordingly. Liability […]
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May
Assuming you gave permission for another person to drive your vehicle, their auto insurance should cover them under liability, personal injury protection and collision coverages. Note that extended family and roommates who will use your vehicle regularly should be included as drivers on your policy, or else they risk being excluded from coverage. Permissive Use […]
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May
Many individuals are confused as to whether they possess health insurance coverage. Your insurance card should tell you this information – usually including information like the enrollee name, member ID number and policy number. Each individual covered under their plan has their own policy number that can help medical providers quickly access relevant data. 1. […]
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Long-term care insurance premiums increase as you age, making it wiser to purchase early. Your marital status also has an effect on premiums. Individuals with sufficient assets and income may be able to purchase policies to cover some of their future care costs; those without this luxury must rely on state assistance programs like Medicaid. […]
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Though it can be alarming to find out the at-fault party does not carry insurance, don’t allow this fact to deter you from filing a claim. Instead, gather evidence to support your case that they lack coverage and take appropriate steps in your claim filing process. UM/UIM policies can be particularly important if you live […]
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May
Nashville’s average driver pays $1361 annually for full coverage car insurance, and $411 per year for minimal coverage. Some carriers have lower rates than others for the Tennessee auto insurance you need to purchase. In 2019, there were 32.992 car accidents in Davidson County, Nashville. In Tennessee, crashes are quite common. To protect drivers from financial and legal responsibility, all residents […]
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May
Gap insurance is important for Pennsylvania drivers who have a car loan or lease. Pennsylvania gap insurance provides drivers with more financial protection in the event of theft or total loss than comprehensive and collision coverage. Many of the top car insurance companies offer gaps insurance. What is gap insurance? General Asset protection (or “Gap”) insurance covers the difference between […]
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Geico stands for Government Employees Insurance Company. It was founded in 1936 and sold insurance to military personnel and government employees. It is now a subsidiary Berkshire Hathaway’s Warren Buffet and covers more than 28 million vehicles. It is the 2nd-largest carrier in terms of insurance policies written (7%). Geico is often ranked #1 in Bankrate’s Best Car Insurance Reviews for the cheapest coverage. […]
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In 2018, Kentucky saw 158,171 car accidents that resulted in 670 deaths. The Kentucky Transportation Center data showed that collisions declined by 2 percent in 2018, but drivers are still at high risk from car accidents. Kentucky drivers are required to have car insurance. This provides legal and financial protection in the case of an accident. To […]