Category Archives: Finance Guide

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 […]

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 […]

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 […]

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 […]

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 […]

Tennessee has a wealth of cultural and natural attractions, from the Great Smoky Mountains’ scenic highways to Graceland’s gates. According to the Federal Highway Administration Tennessee also had over 5 million vehicles registered as of 2015. According to Bankrate’s 2021 study on annual premiums, the average cost for car insurance is $1,338. There are so many cars on the roads, it […]

Three types of insurance are essential when deciding what type of insurance we need. Of course, there are many insurance options available, making it difficult to decide which one you really need. Three types of coverage are essential: Life, Health and Possessions insurance. POSSESSION’S INSURED: HOMEOWNERS, RENTERS, AND CAR INSURANCE Possession can be a broad term. […]

Philip Hammond, Transport Secretary, confirmed that motorists will be eligible for up to PS5,000 in January 2011 towards the purchase an ultra-low carbon vehicle. This initiative is open to private and fleet buyers. This is a confirmed fact. How could it impact your fleet management decisions? What effect will it have on commercial fleet coverage? This announcement […]

Are you required to obtain an Iowa SR-22 recently? You should be aware that SR-22 insurance does not exist before you search the Internet for “Cheap SR22 Insurance in Iowa” or “sr22 Iowa insurance”. An SR-22 certificate is not a type or add-on to insurance. It is essentially a certificate that confirms you are insured. It is often required […]

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 […]