Category Archives: Finance Guide

Why Telematics Is a Major Disruptor in Insurance?

In the near future, the key trends in auto insurance are the vehicle telematics system (VTM) and User-Based Insurance(UBI). Expect a significant shift in this industry. The insurance market is changing rapidly thanks to digital technology. Insurers are focusing on meeting customer expectations through vehicle telematics systems. The telematics app can read the data from the […]

Commonwealth Casualty Insurance review

The Commonwealth Casualty Company was founded in 2010 and is relatively new to the insurance industry. Commonwealth, based in Phoenix, Arizona, offers car, home, renters, and rideshare insurance through agents across the country. The most sought-after product offered by Commonwealth is its car insurance. Commonwealth car insurance For drivers who live in the Southwest, the Commonwealth Car […]

State Farm Steer Clear review

Before teens can drive safely, they need to be trained. Experience helps teens to become more confident and have safer driving habits. State Farm Steer Clear allows teens and young adults to learn the rules of driving while also qualifying for a d discount on their car insurance. You may not be aware of the cost to add a young driver onto […]

What Happens When an Insurance Company Totals Your Car?

If your car is totaled, its insurance provider is typically required to reimburse its actual cash value (commonly known as its book value). Insurance companies assess a vehicle’s value based on factors like its current condition, pre-accident value, and recent sales of similar cars. Determining the Value of Your Car If you want to keep […]