Category Archives: Finance Guide

Results of Enacting SB0152 By Enforcing The Nationwide Inter-Company Arbitration In Illinois

Illinois Senate SB0152 seeks all auto insurance carriers’ endorsement of a non-governmental agreement called Nationwide Inter-Company Arbitration. This pact was signed by more than 4,000 automobile insurers. This agreement allows automobile insurance companies to work together to resolve disputes related to auto insurance claims. Arbitrations are a way for them to do so without having to resort […]

It Is Quite Foolish to Purchase a Car Without Considering the Insurance That Comes With It

1 Full Coverage Including Towing and Rental Full coverage does not refer to one type of coverage. It is a combination of multiple types of coverage. Although it can be read in many different ways, most companies use the term to mean minimum liability requirements set by the state. It is important to note that minimum requirements […]

Credit Score, Insurance Score and the Cost of Auto Insurance

An individual should always seek lower insurance costs when shopping for auto insurance. A good credit score can help lower the cost. Credit score is a statistical way to assess an applicant’s creditworthiness. Companies always try to pool the best part of their customers so they can make the most profit and minimize the loss. They compare the amount […]