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 […]

Although speeding tickets are not uncommon, there are consequences. You can expect to see ramifications for 3 to 5 years if you are convicted of speeding. When it comes to your car insurance, you can expect to see your premium to increase by an average of 23% per year after a speeding ticket. It can be helpful to […]

Although there are more than 7,000,000 licensed drivers in North Carolina, insurance premiums in the Old North State keep rates low. Average car insurance rates for Wilmington are lower than other U.S. cities. Annual premiums for full coverage start at $1,277 and minimum liability coverage starts at $469. To find the best and most affordable carriers for Wilmington drivers, […]

How can you make the best decision regarding your financial planning? There is so much speculation about the power of insurance companies and the way they are always in the news. I find the media is usually biased. While some people may have been given a hard time, there are many companies that have taken extraordinary steps […]

Uh-oh! Did you just drop and break your Verizon phone, but forgot to get insurance? Don’t worry – accidents happen, and we’ve got you covered. In this blog post, we’ll guide you through some simple steps on what to do if you find yourself in this unlucky situation. From assessing the damage to exploring repair […]

When people set up and grow their business, there are many things they think of. People think about financing, location, legal fees, and other aspects that are necessary to realize their dream of being a successful entrepreneur. They often forget or fail to consider the importance of business insurance, particularly small business insurance, when they embark on […]

Are you planning a road trip but don’t have car insurance? Or maybe your own car is in the shop and you need to rent one for a few days. But can you even rent a car without insurance? The answer may surprise you! In this blog post, we’ll explore everything you need to know […]

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 […]