Category Archives: Finance Guide

Types of Insurance: Understanding the Differences

Auto insurance: Nearly all Americans are familiar with auto insurance by the time they turn sixteen. In order to register a vehicle, insurance is required. The DMV won’t grant registration for a vehicle worth $5,000 if there is no proof of insurance or $40,000 of disposable savings. Car insurance covers the cost of vehicle damage, other vehicle […]

Understand the Exclusions of Your General Liability Insurance Policy – Don’t Be Left Uncovered

Knowing that your small business is covered can give you a lot more peace of mind. It is essential to fully understand the risks of your business and what types of insurance you need to protect it. Understanding what general insurance does not cover is as important as understanding its coverage. Before you buy a policy, the […]

The Difference Between Income Protection and Critical Illness Insurance

During a recent financial assessment with a client, which I do with all clients, I asked him if he had any income protection. He replied that he did. I was surprised and impressed. This is not something young people often think about, but this man in his twenties had it all sorted. He quickly responded with, “I think […]

Deregulation of Massachusetts Auto Insurance

Massachusetts residents have the option to choose from many auto insurance companies, including new insurers. This highly competitive industry offers a wide range of insurance options. The Massachusetts Auto Insurance Market was deregulated on April 1. This law, which deregulated the Massachusetts auto insurance market, promises to lower auto insurance rates by increasing competition. It also serves […]

How to get homeowners insurance after nonrenewal

You or your insurance carrier can initiate a homeowners insurance renewal. Either you can let your policy expire or you might receive an insurance notice from your carrier advising you that your policy will be terminated. To ensure that your coverage does not lapse, you should start looking for a new policy for home insurance with another company. […]

Finding car insurance in Maryland after a DUI

28 people die each day in America from drinking and driving accidents. DWIs and DUIs are serious offenses that carry severe penalties. You will most likely experience an increase in your car insurance premium after being convicted in Maryland of DUI. Maryland drivers see an average 78% increase in their car insurance premiums after being convicted for DUI. This […]