Premiums are payments to insurance companies in exchange for coverage. They may be paid monthly, quarterly, semiannually or annually and determined based on factors like policy type, risk analysis and demographic data. Underwriters carefully consider dozens or even hundreds of factors when underwriting policies to assess their risk level and ensure an acceptable risk profile […]
Category Archives: Finance Guide
16
Apr
Apr
Sometimes, seemingly insignificant clauses and caveats found in auto insurance policies can make the difference between good and poor policies. Before signing an auto owner insurance contract, ask your agent these questions. Make sure you have the exact same answers in the policy. Do you want to be considered a “family policy”? Family policies provide […]
16
Apr
Apr
Have you ever found yourself stranded on the side of the road with a flat tire or dead battery? It can be a frustrating and stressful experience, but luckily many insurance companies offer roadside assistance to help get you back on your way. However, some policies require that you have comprehensive and collision coverage before […]
16
Apr
Apr
Marketing is a science that draws from psychology, statistics and other tricks to get people to give their money. Some define marketing as the art of helping people make happy decisions. Sales and marketing professionals may pull any trick, technique, or turn to draw a crowd in and ensure they leave with a smile on […]
16
Apr
Apr
Car accidents can be a stressful and unsettling experience, leaving you with a range of questions and concerns. One of the biggest uncertainties is who pays for damages – you or the other driver? Knowing how your car insurance company works in these situations can help ensure that you’re fully covered in case of an […]
16
Apr
Apr
You can help your teen create a Teen Driving Contract. This will ensure that they are responsible drivers who have a clear understanding of the importance and how to drive safely. You can make a Teen Driving Contract with your child to teach them the importance of driving safely and what consequences they face if […]
16
Apr
Apr
Have you ever wondered if the penalty for not having insurance is still in effect? With all the changes happening in healthcare, it can be difficult to keep up. If you’re one of those wondering, then this post is for you! In this blog, we’ll explore whether or not the penalty still exists and what […]
16
Apr
Apr
Car owners have their cars insured. However, are they fully aware of the insurance policy? Although you might have intended to take out the policy with certain goals in mind, do you know if your car will be adequately protected? Here are some basics about car insurance that can help you make a wise decision. […]
16
Apr
Apr
Are you curious about what a Farmers Insurance Producer does? Well, let me tell you, they are more than just insurance salespeople. These professionals are the backbone of the company and play a crucial role in helping individuals and businesses protect their assets from unexpected events. In this blog post, we’ll dive into exactly what […]
16
Apr
Apr
The number of cars has increased dramatically around the world. There has been an increase in accidents due to the fact that the number of cars has increased by almost 2000%. Auto insurance laws were created to address this problem. Auto insurance laws are basically regulations and rules that are implemented by the state to […]