What is an insurance policy? An insurance policy is an assurance or promise to pay for any covered loss or damage. The insurance company promises to pay for the loss or help you through financial catastrophes. The cost of commercial insurance is high and complicated, but it can provide you with the only protection against financial catastrophe if […]
Category Archives: Finance Guide
03
May
May
When it comes to protecting your home, one of the most important decisions you can make is finding the right homeowners insurance in Citrus County, Florida. With so many options out there, it can be overwhelming trying to figure out who sells the best coverage at an affordable price. But don’t worry – we’ve got […]
03
May
May
Are you paying for supplemental health insurance premiums out of your own pocket? If so, you may be wondering if you can claim a tax deduction on these expenses. The answer is yes, but there are some important factors to consider before doing so. In this blog post, we will explore the ins and outs […]
03
May
May
If your car is totaled, its insurance provider is typically required to reimburse its actual cash value (commonly known as its book value). Insurance companies assess a vehicle’s value based on factors like its current condition, pre-accident value, and recent sales of similar cars. Determining the Value of Your Car If you want to keep […]
03
May
May
When an accident is minor and no injuries have been sustained, it may make sense to settle without insurance; however, doing so could leave you responsible for medical costs or car repairs incurred by other drivers involved. If the other driver was injured and you failed to report the accident, they can file suit against […]
03
May
May
Before purchasing a home, it’s essential to be familiar with its surrounding flood zones. Flood zones help assess risk levels, setting mandatory insurance purchase requirements and building codes in high-risk areas. Zones beginning with A or V are designated Special Flood Hazard Areas (SFHAs), having an approximate one percent risk of flooding annually. High-Risk Zones […]
03
May
May
The best car and home insurance bundles provide exceptional customer service, excellent mobile apps and plenty of coverage options. In addition, these policies typically feature one deductible; meaning if both your car and house are damaged simultaneously in one event, only one deductible payment will apply instead of two deductible payments being necessary. Each company […]
02
May
May
Subscribing your teen driver to an existing car insurance policy may be less expensive. To reduce costs further, The Zebra suggests parents encourage good grades among their teen, make sure that he or she stays in an affordable vehicle, and look into discounts available that could reduce rates. Cost of the Car Addition of teenage […]
02
May
May
Are you aware that Utah requires SR-22 insurance? If you’re looking for “SR-22 insurance”, it is important to understand that SR-22s do not constitute insurance. They are just proof of insurance forms submitted to the DMV from your insurance provider. There are many forms that are used in the country. Some are very similar and some […]
02
May
May
Third-party coverage provides policyholders with some protection, including theft and fire protection. To protect ourselves against accidents on shared roads, we must have at least third-party coverage. If you cause an accident, you are responsible for any damages, injuries, legal costs, or other expenses. Third Party Coverage provides protection against claims by others. Third-party insurance that includes “fire […]