Category Archives: Finance Guide

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. […]

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 […]

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 […]

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 […]

Texas employers have the option to opt out of workers’ compensation insurance; if they do so, however, they must notify their employees as well. If an employee is injured on the job, they are entitled to medical benefits that cover expenses like ambulance rides, x-rays and surgery as well as income benefits to make up […]

Gaining points on your driver’s license usually means higher insurance premiums; however, this depends on both state and insurance company. There are various strategies you can employ to minimize the effect of points on your driving record, including attending a defensive driving course and shopping around for cheaper policies, but the most effective approach would […]

Progressive offers a comprehensive selection of car insurance options, from liability protection for drivers who cause accidents to comprehensive and collision coverage to provide repairs or towing. They even provide roadside assistance coverage in case repairs need to be performed outside normal office hours or towing is needed for repairs and towing of damaged cars. […]

Navigating the complex world of healthcare during retirement can be daunting, and Medicare supplemental insurance plans can provide peace of mind by protecting against unexpectedly high medical bills. Medigap policies offer you protection from expenses not covered by Medicare Part B, such as copays, coinsurance and deductibles. They’re available during an open enrollment period that […]