Category Archives: Finance Guide

Your car is considered totaled under car insurance terms when its repair costs exceed its value, as determined by state laws or policies that establish total loss thresholds. Insurance companies adhere to state guidelines or thresholds when setting total loss thresholds for policies or guidelines set by them. When your car is totaled, insurers provide […]

Endowment life insurance policies combine life coverage and savings for a specific goal. While they may seem convenient, they can also be quite costly. Endowments provide a low-risk investment option with limited interest payout. Due to tax code modifications that recategorize them as modified endowment contracts, pure endowment policies are no longer sold in the […]

Most lenders require that borrowers have property insurance as part of their mortgage loan terms. However, just because you meet the lender’s requirements does not mean that your insurance is adequate. You need to understand your risks, your limits, your tolerances, and the types of insurance available in order to ensure that your real estate investment company […]

Have you ever found yourself in a situation where you need to drive someone else’s car, but your name is not on the insurance policy? Maybe you’re borrowing a friend’s vehicle for an emergency or renting a car for vacation. Whatever the reason, it’s important to know whether it’s legal and safe for you to […]

Distracted driving is a serious problem in Pueblo, Colorado and in other parts of the state. An estimated 85 percent of Colorado drivers admit to driving while distracted each day. Drivers in Pueblo need to ensure they have car insurance in place in order to avoid accidents caused by distracted drivers. Car insurance rates for the almost 110,000 residents Pueblo, […]

Charlotte residents often settle for minimum coverage to meet the legal requirements to drive a car in North Carolina. Tragically, it can lead to much pain and heartache, especially if they are involved in an accident that results in injury or damage. This article focuses on uninsured motorist coverage (often referred as UM coverage) as […]

Are you looking for an insurance policy that will protect your business from any unforeseen circumstances? If yes, then you might have come across the term “MGA Insurance.” But what exactly is it? What does it cover and how can it benefit your business? In this blog post, we will take a closer look at […]

Are you worried about the presence of black mold in your home or business? Apart from being unsightly, it can also cause severe health problems for you and your loved ones. But what if you have insurance – does it cover the cost of removing black mold? In this post, we’ll explore everything you need […]

After you have purchased an annuity, life insurance policy, and named your beneficiaries you might never look back. This could be a huge mistake. Your ex-spouse will get the proceeds if you divorce and remarry, but you fail to change your beneficiary to your current spouse. Other life events, such as divorce or death, can be grounds […]

Uninsured drivers have a ten-fold higher chance of drinking and driving and a three-fold greater chance of being convicted for driving without due care. Uninsured drivers also cause at least one accident every six month. One in twenty motorists drive regularly without insurance. Uninsured motorists are responsible for 10% of all accidents. What should you do if you are […]