Category Archives: Finance Guide

Water backup insurance may not be the first thing that comes to mind when you think of protecting your home, but it’s a crucial coverage that can save you thousands in damages. From clogged pipes to heavy rainstorms, water damage is an unfortunate reality for homeowners. But do you really need water backup insurance? In […]

Are you a single mother struggling to get your children’s insurance cards from your ex-husband? Do you feel lost and overwhelmed with the process? Worry no more! In today’s post, we’re going to share some tips and tricks on how to effectively obtain those much-needed insurance cards for your little ones. We understand that taking […]

Are you familiar with the term collateral assignment in life insurance? If not, you may be missing out on some significant opportunities to protect your financial assets. A collateral assignment allows policyholders to pledge their life insurance as security for a loan or other obligation without surrendering ownership of it. In this blog post, we’ll […]

Are you tired of dealing with confusion and headaches when it comes to invoicing insurance companies for roof or siding replacement jobs? Look no further! In this blog post, we will provide you with tips and tricks on how to properly invoice insurance companies, ensuring a smooth process from start to finish. Say goodbye to […]

Fender benders occur every day. While damages are sometimes minor, you may still wonder whether to file an insurance claim as this can negatively impact your rates. Before filing a claim, however, it would be prudent to obtain an estimate for repairs; you might find that their cost comes in close to or under your […]

As part of a Marketplace application, it’s necessary to estimate your estimated household income. Your household typically comprises you, your spouse (if applicable), any tax dependents who require coverage (even those without health needs). To calculate your MAGI, the following factors will need to be used. 1. Estimate Your Income for the Year You Want […]

As long as your health insurance premiums are paid through payroll deduction, they qualify as tax deductible expenses. Please be aware that only certain premiums qualify. Limiting exclusion could reduce work incentives for those who place high value on health coverage, especially those who expect heavy medical use, while it might impact how employers structure […]

Medicare Supplement insurance (commonly referred to as Medigap) is private health insurance designed to supplement Medicare Part A and B costs. There are 10 standard Medicare Supplement plans that each offer the same set of benefits no matter which insurance company sells it. Costing of Medicare Supplement insurance depends on many variables, such as which […]

If you plan on placing your car on hold for any extended period, be sure to talk with your insurance company first. They may have special rules in place that can help avoid coverage gaps and potentially expensive rate hikes. GEICO provides numerous ways to save on car insurance policies. Get your personalized rate quote […]

Insurance policy documents such as cards and declaration pages should always be kept as long as their policies remain active. This is particularly crucial for auto and health policies as law enforcement or hospitals may request to see these documents for verification purposes. Medical explanation of benefits (EOBs) should only be kept until they can […]