Speeding tickets are quite common, and it’s not uncommon for drivers to wonder whether they need to report them to their insurance company. You may think that a single speeding ticket won’t affect your car insurance rates or driving record much, but the truth is that even one traffic infraction can have significant consequences. In […]
Category Archives: Finance Guide
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May
May
Since its 2009 model, Nissan’s powerful and sporty model 370Z has impressed owners. However, this top sportscar comes with a steep price. This price could also impact insurance costs. Based on Bankrate’s 2021 study, the average cost of American car insurance is $1,674. The 370Z’s full coverage averages at $2,359 per year. 2020 was the end of production for the […]
17
May
May
Drivers in Oregon can have their license suspended if they have a driving record with a serious violation. Oregon drivers will need to purchase SR-22 Insurance in order to have their license restored. Their driver’s license is suspended until they have the proper documentation. An SR-22 certificate is a document that shows the driver has the minimum required liability […]
Finance Guide
Buy-Sell Agreements: What Happens If an Owner of a Closely Held Business Dies or Is Disabled?
17
May
May
Shareholders and business partners in closely held businesses should be aware of the possibility that one of their partners may die early or become permanently disabled. The estate of the deceased may stipulate that the business be passed to the family. This could cause serious problems for the business and its surviving partners. Sometimes, businesses that were […]
17
May
May
What if you and your adjuster/insurance agency are still at a deadlock over the value of your property after all that you have done? Now it’s time to invoke your insurance policy’s Appraisal Clause. The Appraisal Clause can be found in all insurance policies. It was created to provide a process for disputing amounts to be settled […]
17
May
May
Are you tired of paying high dental bills out-of-pocket? Do you want to ensure that all your dental needs are covered without breaking the bank? If so, then double dental insurance might be the answer for you! Double dental insurance is a type of coverage that allows individuals to have two separate policies to cover […]
17
May
May
Are you approaching the age of 65 or already past it? If so, you’re probably wondering if Medicare is enough to cover your healthcare expenses. While Medicare can provide a great deal of coverage for medical services and supplies, there are still gaps that could leave you with unexpected bills. That’s where a Medicare Supplemental […]
17
May
May
Heather, my client called me and I immediately knew there was something wrong. Her voice was usually upbeat but this time she was trembling. She said that her father had suffered a stroke. He couldn’t talk, thought clearly and was unable move like before. Heather was aware that the roles were reversed and she would now be caring for […]
17
May
May
ANNUITY (PERIOD) CERTAIN An Annuity Certain is a designation that specifies the number and amount of benefits paid. This option guarantees that an insurance company will only pay a certain amount on an annuity. An annuity includes a Death Benefit, which allows payment to the beneficiary to be made upon the death of the annuitant. This benefit […]
17
May
May
Are you considering selling your insurance agency but have no idea how to determine its value? Well, you’re not alone! Valuing an insurance agency can be a daunting task since it involves several factors that affect the worth of the business. But fear not! In this blog post, we’ll guide you through the three pillars […]