Mortgage companies frequently include homeowners insurance payments into monthly mortgage payments through an escrow account to reduce risk to themselves by guaranteeing timely property tax and home insurance payments. At closing, insurance and property tax payments, along with private mortgage insurance (PMI), are placed into an escrow account by lenders for payment as they become […]
Category Archives: Finance Guide
Guaranty associations are created in each state to protect consumers in the event of insurer insolvency and provide them with support, as well as facilitate assessments from insurers who do business within that state. All approved insurers are legally obliged to participate in at least one state guaranty association regardless of where their cooperate office […]
Car crashes are a common occurrence that most drivers avoid. However, they can have devastating consequences for all involved. Car accidents can be a minor inconvenience or life-threatening. It could lead to thousands of dollars in medical bills, repairs or even a fatal outcome. Experts recommend that all drivers practice defensive driving. To ensure your safety and that […]
In the insurance industry, it is essential to understand the customer’s needs and wants in order to provide them with the best service possible. This can be a challenge, especially when companies are operating in a new and unfamiliar market. Malaysia is one such market that has seen an influx of insurers in recent years, […]
Shipping insurance is an important part of any online seller’s business plan. It ensures that if a package is lost or damaged, the seller is able to make up for it. But how much does shipping insurance cost for USPS? In this blog post, we’ll explore how much shipping insurance costs for USPS and how […]
After being involved in an accident, many people are quick to worry about how much their car insurance will go up. It’s important to understand that your car insurance premium will likely increase after filing a claim. The amount of the increase will depend on a number of factors and can vary widely depending on […]
As of 2019, more than 100 million privately registered cars are on the roads. Most of these vehicles are likely to be insured as a result of the law in most states. As a first-time buyer of car insurance, it can be difficult to understand the differences between insurance quotes and what coverage you need. It is helpful to […]
House flipping is a lucrative business, but it can also be incredibly risky. From dealing with potential injuries to managing the financial risks of a property flipping project, there’s no shortage of things that could go wrong. Fortunately, insurance can provide you with the protection you need to keep your business running smoothly. But what […]
Whether you are buying your first car, or have been driving for years, evaluating insurance options can be overwhelming. One of the biggest questions that comes up when people look at car insurance is whether they should get collision coverage on an older car. In this article, we will discuss the pros and cons of […]
Insurance is designed to help people in times of crisis. It provides financial assistance for certain incidents, so that they don’t have to spend a lot of money all at once. It can offer financial assistance if you have to file a claim. Although filing an insurance claim can bring needed help, you may not want to file […]