Similar representations can be found in every field of insurance. There is no way to be certain about the strength of a property owner’s title. No one can make a prediction about that title based on personal judgment. However, underwriters are willing to accept protection in exchange for a predetermined premium because they have enough risk exposure. […]
Category Archives: Finance Guide
07
May
May
Nearly every homeowner, renter or business insurance policy includes coinsurance. It can be costly if you don’t fully understand the terms of your insurance contract. A Homeowner policy does not typically include a section called “Co-insurance.” The clause is listed in Section I, Conditions of the standard Homeowners form HO-3. It is also found in any Business Insurance […]
07
May
May
Nearly half the Minneapolis residents have their own home. This makes affordable homeowners insurance a priority for many. An average Minneapolis homeowner spends $1,971 per year for insurance coverage on a $250,000 home. However, there are cheaper options available that can help residents save money on their insurance. Our team evaluated five of the most affordable homeowners insurance […]
07
May
May
Michigan is the most expensive state for car insurance in the nation. On average, drivers pay $948 per annum for minimum coverage and $2309 per for full coverage. These rates are much higher than the national average cost of insurance . High insurance costs could be caused by the fact that more than 25% Michigan drivers are uninsured. Michigan also […]
07
May
May
Car insurance in Irving, Texas is an average cost of $609 for a minimum coverage policy, and $1,989 to cover full coverage. Car insurance is required in Irving. It also protects you and your passengers in case of an accident. In 2019, there were 3333 total accidents on Irving roads. There are many options for Irving car insurance. We […]
07
May
May
Many states have laws to protect consumers against health insurance companies that act in bad faith, including laws providing compensation or punitive damages as legal recourse for such actions. To have any hope of succeeding with your lawsuit against an insurer, it must first be demonstrated that they owed you a duty of care; additionally, […]
07
May
May
With two full-time employees or more, you may qualify for health insurance through a small business group plan. Other options for small businesses may include health reimbursement arrangements and tax stipends. Size varies greatly among small businesses depending on industry and employee count, while larger organizations generally produce greater revenues than their smaller counterparts. Health […]
07
May
May
Indexed universal life insurance offers potentially tax-advantaged cash value accumulation and death benefit protection, but you should do your homework prior to making any purchase decisions. Make sure the plan’s financial strength and history can withstand scrutiny before investing. As this product requires extensive expertise and specialization, it is imperative to work with an advisor […]
07
May
May
Many car insurance policies include towing as part of their liability coverage, so any damages caused by your trailer to people or property are covered. However, towing and storage fees can quickly add up; therefore, it would be wise to invest in comprehensive coverage that offers roadside assistance as well. Liability Coverage Liability coverage is […]
06
May
May
What is Section 125? Section 125 Plans are one type of group insurance benefits an employer may offer. These Section 125 plans are also called cafeteria plans and flexible benefit plans. These plans were first described in the Internal Revenue Code Section 125 in 1978. However, they didn’t become popular until 1986 when tax laws changed and […]