Category Archives: Finance Guide

Agency Succession Planning – Options and Opportunities

These situations are often fraught with difficulties. The owner must “unlock” the agency’s liquidity so that he or she can retire and not create excessive financial leverage for his/her successors. The agency owner must choose between protecting the legacy of the family business and transferring ownership to avoid creating an excessive financial burden. The agency owner […]

Do I Have To Report Speeding Tickets To My Insurance Company?

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 […]

Best cheap homeowners insurance in Ann Arbor

By purchasing home insurance, homeowners in Michigan can protect their property and belongings in the event of a covered claim. With a median property value of $298,400, Ann Arbor, Michigan, residents pay on average $859 per year for $250K in dwelling coverage. Ann Arbor homeowners can shop with multiple insurance companies to find the best affordable homeowners insurance. We compared […]

SR-22 in Oregon

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 […]

Buy-Sell Agreements: What Happens If an Owner of a Closely Held Business Dies or Is Disabled?

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 […]

Insurance Appraisal Clause – Resolving an Impasse in Your Claim

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 […]