Most people have heard that a new car is worth less the first time it leaves the lot. This simplified explanation of “vehicle deduction” is not the best. If you finance a vehicle, it could be worth less than the vehicle’s depreciated value. This isn’t a problem for Massachusetts drivers, who would rather own a new car. However, […]
Category Archives: Finance Guide
State Farm policies and products differ from Safeco. Safeco was established in Seattle in 1923 as the General Insurance Company. It was then bought by Liberty Mutual in 2008. According to yougov, Safeco has the highest popularity among millennials. Safeco was created to offer the highest level of service via the mobile app, website, or independent agents. State Farm is the […]
A million dollars may seem like a lot to most people. A million-dollar life insurance policy might be the best option if you’re thinking of purchasing life insurance. To determine if you require that much protection, you will need to review your current and future debts. It can be a worthwhile time-saver in the unlikely event you […]
21st Century Insurance is a small insurance company that serves California and Hawaii. It is well-known for its quick claim turnaround and excellent customer service. While most business is conducted online or by phone, policyholders can access 24/7 claims coverage through the Farmers Claim Services. 21st Century also offers homeowners, flood, and life insurance. car insurance however, is their bread-and-butter. […]
Every salesperson or agent dreams of becoming a millionaire. One individual was able to become a multi-millionaire insurance salesperson. Half of the insurance agents who are recruited make less than $50,000 before they can start a business. How do you make a million bucks? Particularly if your job involves selling insurance. It wasn’t by working 70 hours per week. I […]
Car insurance is essential for being a safe driver as well as protecting your finances in the event you are involved in an accident. Your agent might ask about your PIP coverage if you are looking to purchase a policy or file a claim. Your Massachusetts auto insurance policy must include personal injury protection or PIP insurance. Here’s a quick […]
The Equitable Life Assurance Society of the United States was established in 1859. AXA acquired Equitable Life Assurance Society in 1991. In 2004, the company was renamed AXA Equitable Life Insurance Company. Equitable was officially rebranded by AXA in 2020 after it diverged from AXA. Equitable has been a pillar in the American life insurance industry for many […]
Securian Financial was originally founded as Minnesota Mutual in 1880. The company was rebranded in 2001 as Minnesota Life Insurance. Fast forward to 2018, Minnesota Life Insurance adopted the name of Securian Financial, its parent brand. Securian Financial, the 8th biggest life insurance company in America, is currently the 8. It has more than 21 million customers across […]
It can be difficult to reduce expenses and save money for tangible investments when you have new friends and challenges as a student at college. However, college is a great place to begin investing. This can be advantageous as you are able to use compound interest for longer periods of time. Additionally, the risk of losing large […]
2017 Hurricane Harvey caused the destruction of over 1,000,000 vehicles in Texas and other neighboring states. Each year hurricane season causes more damage to property and vehicles. Storm surges and flooding are common with hurricanes. In 2020, it was estimated that more than 446,000 flood-damaged vehicles were on roads. You may feel more at risk if your home is near the coast […]