Category Archives: Finance Guide

Med Pay (Medical Payments Coverage) and PIP (Personal Injury Protection Coverage) are first-party coverages that apply to the insured, their passengers, and sometimes other people. In states with no No Fault laws, Med Pay can be found. PIP is available in states where have no Fault laws. Med Pay will usually cover reasonable medical and funeral […]

As of 2015, there were just under 5 million licensed drivers in Arizona, and every driver is legally required to carry car insurance. The average cost of car insurance in Arizona is $1,547 per year for full coverage and $555 per year for minimum coverage. Arizona is slightly cheaper when compared to the national average premium of $1,674 annually for full coverage and […]

According to the Federal Highway Administration, there are almost 6,000,000 licensed drivers driving on Virginia roads. There are many insurance companies competing for the title of best insurer, especially in Virginia Beach, with this many drivers. Virginia Beach’s average car insurance premium is $1,378 per year for full coverage and $538 per year for minimal coverage. Virginia Beach residents […]

Winter can be beautiful, with the snow-covered trees and chilly breezes. However, it also brings some hazards that can damage your home or property. One such danger is frost quakes, which happen when water freezes in soil and expands rapidly, causing cracks in the ground or structure foundations. But don’t fret! You may have insurance […]

GAP insurance is used in the event of total vehicle loss due to an auto accident. It covers the difference between the amount the insured person receives from an insurance company and the amount owed by the bank to the lienholder (bank that provided the loan) on the vehicle. GAP insurance does not fall under the […]

The average cost of car insurance in Wyoming is $271 for minimum coverage and $1,495 for full coverage, according to Bankrate’s 2021 study of quoted annual premiums. The annual premiums were examined more closely and it was revealed that driving records, location, age, and carrier all have an impact on how much you pay for car insurance. Wyoming may […]

Texas drivers pay higher car insurance rates that the average American. The average cost of Texas car insurance is $1,823 per year for full coverage and $524 for minimum coverage. The average premium for car insurance in the United States for full coverage is $1,674 annually, and $565 for minimum coverage. Data shows that 15.5% of Texans are below the […]

As our world becomes increasingly digital, the risk of cyberattacks grows with it. Cybersecurity insurance has become a necessity for many businesses to protect against financial loss and reputational damage caused by data breaches. However, the cost of these policies can be prohibitive for small and medium-sized enterprises (SMEs) who are already struggling to stay […]

First Party’ coverage for car insurance is related the coverages that the policy offers to the insured and not to third parties or other persons. The two most important components of car insurance coverage include Personal Injury Protection (PIP) and Medical Payments (MedPay). The type of insurance coverage you choose will vary depending on the state and what […]

Owning a home can be a rewarding experience, but it comes with a number of responsibilities, like purchasing homeowners insurance. Alabama homeowners pay an average $1,624 annually for $250k worth of dwelling coverage. Although the state’s median property value is just $147,900–significantly lower than the national average value of $229,700–having homeowners insurance is still important for Alabama residents. Many homeowners […]