Category Archives: Finance Guide

Car insurance in South Bend is not only cheaper than the average cost of car insurance in Indiana but the country too. South Bend drivers pay an average of $378 per year for minimum liability coverage and $1,223 for full coverage, while the national average cost of car insurance in the U.S. is $1,674 per year for the average full […]

Jen Smith needed a roof replacement, but she didn’t expect to be able to do it as a hurricane battered her St. Petersburg neighborhood and brought down a tree on her home. She was able to get her wish, and no one was injured. She said that she took photos, removed the tree as quickly as […]

Your driving record is a major factor in the price of auto insurance. A DUI almost always means you will pay higher car insurance rates. Bankrate examines the insurance implications of a DUI conviction, and what other consequences might apply in Colorado. What does a DUI do to your insurance rates? Insurance rates are affected by a […]

Riverside drivers are required to have car insurance in order to cover their legal and financial liability in the event that an accident occurs. Although the number of California accidents has decreased by 5.1% between 2018-2019, there is still a risk of an accident. Riverside’s average car insurance cost is $739/year for minimum coverage, and $2,049/year for full coverage. […]

Renters and homeowners insurance serve one purpose: to protect the insured against loss and damages. Most home insurance policies provide either actual cash value (or replacement cost) for assigning value. Imagine your TV being damaged beyond repair by a fire in your home. The insurance company would pay you the actual cash value of the TV, which […]

Between 2003 and 2012, nearly 8500 Floridians were involved in car accidents involving drunk drivers. 2.1% of Florida drivers also reported that they had been drinking excessively. Florida, like other states, takes drunk driving seriously. A DUI conviction is a significant risk factor for insurance companies. Drivers who are convicted of DUIs face a variety of penalties, including increasing insurance […]

Before a vehicle can legally be driven in the United States, it must be insured. You must show proof of insurance to be able to drive the car home, regardless of whether you’re buying a new vehicle or replacing an old one. You may have to wait for a grace period before you can add your new […]

California is very serious about driving while under the influence of alcohol or drugs. A DUI conviction can lead to severe consequences. These could include a suspension of your license or even jail time. A DUI in California can be costly. Your auto insurance costs will increase as you are likely to be fined. This is because insurance companies view […]

According to the Centers for Disease Control and Prevention, approximately 38,000 Americans are killed each year in U.S. vehicle crashes. This causes $55 billion in work losses and medical expenses. It only takes a split second for an accident, but the aftermath can last a long time. Many expenses can result from a car accident that causes […]

Homeowners generally can only deduct losses experienced from disasters; however, taxpayers using their property for business may be eligible to use both the $100 subtraction rule and 10%-of-AGI rule. When an insurance or other reimbursement surpasses the cost or adjusted basis of your property, you should usually report this income on your tax return. Deductible […]