Category Archives: Finance Guide

Is Economy Insurance Bond Contractor Insurance Contract?

The insurance industry is complex and often difficult to understand. As a contractor, you may be asking yourself the question, “Do I need an Economy Insurance Bond Contractor insurance contract?” The answer is yes. Having the right type of insurance coverage is essential for contractors and businesses in all industries. But why do you need […]

How Good Is Mutual Of Omaha Medigap Insurance?

If you’re new to Medigap insurance, also called Medicare Supplement insurance, there are a few things you should know. Medicare Supplement insurance is designed to work alongside Original Medicare (Parts A and B). It can help cover some of the out-of-pocket costs that aren’t covered by Original Medicare, like copayments, coinsurance, and deductibles.  There are […]

Car insurance for high-risk drivers in Pennsylvania

In 2019, there were 125 267 reported traffic accidents. Drunk driving and speeding were the most common causes of fatalities, accounting for more than 30% of all crashes. Insurance companies consider high-risk drivers who have had a DUI, multiple accidents or speeding tickets on the driving record. High-risk drivers in Pennsylvania typically pay higher rates and may not […]

What are AM Best ratings?

AM Best ratings may be mentioned when researching insurance companies. You may find particular rating information on a carrier’s website or in a review about a particular company. The AM Best rating scale does not provide much information about an insurance company, but it is more than just a letter grade. AM Best ratings are an industry standard […]