Category Archives: Finance Guide

When is it Worth it to Get Earthquake Insurance?

What should San Diego County residents know about Earthquake Insurance Policies and Risks, as well as Costs? Quality Claims Management considers earthquake coverage to be catastrophic insurance. It is only necessary if there is a very large earthquake. You may be eligible depending on where you live and how much you have put into your home. Here’s what […]

Best cheap homeowners insurance in Huntsville

Huntsville residents pay on average $1,433 per year or $119 per month for homeowners insurance with $250,000 coverage. This is higher than the national average at $1,312 and much lower than the $1,917 average for Alabama. Bankrate compared the policies of local insurance companies to find the best Huntsville home insurance. We also evaluated affordability and the availability of […]

Best cheap homeowners insurance in Anchorage

Anchorage, Alaska is home to more than 61% Anchorage residents. According to Bankrate’s 2021 study on annual premiums, the average home-insurance rate in Anchorage was $833 annually for $250,000 coverage. Anchorage and the surrounding area of Alaska are subject to earthquakes, volcanoes and tsunamis as well as wildfires and other natural catastrophes. You can keep your home safe by having […]

PPI News – Where Are We With PPI Today?

Recent reports indicate that Lloyds Banking Group is challenging the ban on the sale of payment protection insurance. This was introduced to protect millions upon millions of borrowers. A subsequent appeal could delay a ban against the sale of PPI along with credit agreements. The competition watchdog also stated that lenders should wait at most two […]

Best cheap homeowners insurance in Eugene

Eugene, Oregon homeowners are facing rising property values and higher than normal home insurance rates. Home values have risen sharply 25% from $342K to $430K between May 2020 and May 2021. Quadrant Information Services was used by Bankrate to determine that Eugene’s home insurance premiums were $1,433 annually for $250,000 of dwelling coverage. The area’s vulnerability for wildfires and […]

South Carolina flood insurance

The Federal Emergency Management Agency (FEMA) states that flooding has affected 99% of U.S. county between 1996 and 2019. South Carolina was no exception. Floods from hurricanes and tropical storms can affect homeowners in South Carolina’s coastal and inland areas. In 2016, $654 Million was paid by insurers for losses resulting from Hurricane Matthew. The following year, Hurricane Irma left […]

Introduction to Bancassurance

What is Bancassurance? Bancassurance refers to the marketing of insurance products by Banks. Apart from the regular products they offer in deposits, advances and investments, banks also sell insurance products. This is done to increase their fee-based income and to take advantage of their strengths as financial supermarkets. Benefits of Bancassurance Banks have many advantages over insurance […]