Category Archives: Finance Guide

Maine car insurance laws

Maine’s car insurance laws are among the strongest in the United States. They have high minimum liability coverage. These levels are 50/100/25. Maine drivers are also required to carry medical payments (medpay) coverage, as well as uninsured/underinsured motorist insurance (UM/UIM) insurance. Maine’s insurance premiums are low despite the high minimums. The minimum coverage policy in Maine costs $227. […]

Connecticut car insurance laws

Connecticut’s auto insurance requirements, like those in other states, are set by the state government. They must be followed in order to drive legally. Connecticut requires liability coverage in order to cover both property damage as well as injuries for anyone who is at fault in an accident. It also requires you to carry uninsured/underinsured motorist coverage […]

Can Private Insurance Be Billed For Workers Compensation In New York?

Under New York state law, businesses are legally mandated to carry workers’ compensation insurance and can buy it through private providers, the state insurance fund or self-insuring. Small business owners can save money by accurately classifying their employees. Misclassification may lead to costly workers’ comp premiums; New York employers can quickly verify coverage using our […]

How Long Can A Child Stay On Health Insurance?

Under Obamacare (aka Affordable Care Act), dependent children can remain covered under their parent’s health insurance until age 26.1. After turning 18, they can select their own plan during an exclusive enrollment period. This article will outline various options available to young adults for obtaining health insurance coverage of their own. Employer Plans Most individuals […]