Category Archives: Finance Guide

1. No preparation Please prepare all information before you rush to the market and ask for quotes. Personal information, such as name, address, zip code, profession and car model, may be required. Some companies may also require information about your credit score and driving record. Please check with your local DMV to determine the minimum liability coverage that is […]

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 […]

Drivers with permits typically only require insurance to cover any damages they cause, which is why most permit drivers are added onto a family member’s policy until they become fully licensed drivers. If this is not possible, then a defensive driving course may help the new driver feel more confident behind the wheel and may […]

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 […]

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 […]

Accidents happen, even to the most cautious drivers on the road. And while a collision can be scary and stressful, it also comes with some practical concerns. One of the biggest questions that come up is whether your car insurance rates will go up after an accident. As much as we wish there was a […]

It is a must to compare car insurance policies online, whether you are looking for a new policy or renewing an old one. Do your research before you buy your car insurance. Buying car insurance can be confusing because there are so many insurance companies. Comparing car insurance quotes is the best way to find the best deal. Here […]

You’ve been married for some time. It’s been a long time. You may have been together for so many years that you feel like you are married. You might be thinking of embarking on a long-term relationship with your special person, but the idea of the entire thing lasting a lifetime is too daunting. You have committed to being […]

Are you tired of sifting through piles of old insurance paperwork and wondering whether or not you should keep it? With the digital age making it easier to store documents electronically, it’s easy to wonder if physical copies are even necessary. In this blog post, we’ll explore the pros and cons of keeping past years’ […]

These reports show a wide range of expenditure categories and the average amount. However, they are still valid indicators of how costly auto insurance can be. The situation gets even worse if the driver is a high-risk driver. High-risk drivers are those who have a tendency to file more claims than the average driver due to a […]