Category Archives: Finance Guide

Which Statement Is Correct Regarding Mutual Life Insurance Companies?

NerdWallet writers are subject matter experts who use primary, reliable sources to produce content for our website. All content is reviewed for accuracy and timeliness before being approved for publication. Mutual insurance companies exist all around the globe and aim to provide coverage at or close to cost, returning any profits back to members in […]

Disability Insurance COLA Riders – What Does Cola Stand For in Insurance?

COLA riders allow your primary insurance amount (PIA) to increase each year based on inflation; however, they come at an extra cost. Before making a decision to add a COLA rider, it is important to take into account all costs involved, including going through underwriting again, answering health questions and receiving medical exam results. Being […]

Can You Change Homeowners Insurance Anytime?

Many homeowners switch home insurance providers in order to save money, upgrade coverage or take advantage of bundling discounts, but this process can be daunting and time consuming. Shopping around can be essential, particularly as factors like home values or material costs increase. Luckily, you can adjust your policy at any time – not just […]

Auto Insurers Moving Towards Telematics for Usage Based Insurance

Insurance telematics (UBI) and Usage Based Insurance continue to be introduced around the world. Insurers must choose the right business model to succeed in the rapidly changing market. Many programs have a price discount focus, which leads to a predictable race to the bottom. However, the industry is making strides to select the best companies to succeed. […]

Auto Insurance – Honda Advantage

The company was founded by Soichiro, who struggled to make his mark in the highly competitive automotive industry. Honda started out as a supplier of piston rings to Toyota. It has since grown into a multi-divisional company with interests in scooters, motorcycles, and jet engines. Honda is the largest two-wheeler manufacturer in the world and has gained […]

Before Purchasing Auto Insurance, Read These Handy Tips

You must have current insurance if you own a car. There are many options when it comes to auto insurance. You will be able to negotiate the best car insurance deal for you. Every renewal of your policy, it is important to review your car insurance. Keep your policy’s personal information current. If your commute is shorter, you may […]