Nearly half the Minneapolis residents have their own home. This makes affordable homeowners insurance a priority for many. An average Minneapolis homeowner spends $1,971 per year for insurance coverage on a $250,000 home. However, there are cheaper options available that can help residents save money on their insurance. Our team evaluated five of the most affordable homeowners insurance […]
Category Archives: Finance Guide
07
May
May
Michigan is the most expensive state for car insurance in the nation. On average, drivers pay $948 per annum for minimum coverage and $2309 per for full coverage. These rates are much higher than the national average cost of insurance . High insurance costs could be caused by the fact that more than 25% Michigan drivers are uninsured. Michigan also […]
07
May
May
Car insurance in Irving, Texas is an average cost of $609 for a minimum coverage policy, and $1,989 to cover full coverage. Car insurance is required in Irving. It also protects you and your passengers in case of an accident. In 2019, there were 3333 total accidents on Irving roads. There are many options for Irving car insurance. We […]
07
May
May
Many states have laws to protect consumers against health insurance companies that act in bad faith, including laws providing compensation or punitive damages as legal recourse for such actions. To have any hope of succeeding with your lawsuit against an insurer, it must first be demonstrated that they owed you a duty of care; additionally, […]
07
May
May
With two full-time employees or more, you may qualify for health insurance through a small business group plan. Other options for small businesses may include health reimbursement arrangements and tax stipends. Size varies greatly among small businesses depending on industry and employee count, while larger organizations generally produce greater revenues than their smaller counterparts. Health […]
07
May
May
Indexed universal life insurance offers potentially tax-advantaged cash value accumulation and death benefit protection, but you should do your homework prior to making any purchase decisions. Make sure the plan’s financial strength and history can withstand scrutiny before investing. As this product requires extensive expertise and specialization, it is imperative to work with an advisor […]
07
May
May
Many car insurance policies include towing as part of their liability coverage, so any damages caused by your trailer to people or property are covered. However, towing and storage fees can quickly add up; therefore, it would be wise to invest in comprehensive coverage that offers roadside assistance as well. Liability Coverage Liability coverage is […]
06
May
May
What is Section 125? Section 125 Plans are one type of group insurance benefits an employer may offer. These Section 125 plans are also called cafeteria plans and flexible benefit plans. These plans were first described in the Internal Revenue Code Section 125 in 1978. However, they didn’t become popular until 1986 when tax laws changed and […]
06
May
May
Advertisements and appealing packages in today’s commercialized world encourage us to buy impulsively without considering the consequences. This leaves little, if any, for savings. Life insurance proves to be a great saving tool as it not only fulfills the need for savings but it also provides protection to our loved ones during uncertainties. Prerna, a recent […]
06
May
May
Insurance agency owners are quickly embracing this concept, but they face many challenges. This includes developing a fund growth strategy, making additional investments in their businesses, creating a perpetuation plan, and optimizing employee productivity. All of this while being tax-advantaged. ESOPs are a viable option for principals and agency owners who face any or all of these […]