Is Health Insurance Optional?

Health insurance has become a topic of debate among many individuals in recent years. With the rising cost of healthcare and the implementation of the Affordable Care Act, it’s no wonder people are questioning whether or not health insurance is truly necessary. Some argue that it’s an unnecessary expense, while others believe it’s essential for […]

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 […]

Auto Insurance Does Not Mean The Same Things To People In The Financial Profession

It’s amazing to see how much literature there has been about car insurance online. Most of the literature is focused on selling car insurance rather than offering it as an insurance product. When you search for “auto insurance”, a lot of websites will appear with phrases such as affordable auto insurance, low-cost auto insurance, and low-cost auto […]

The Role of Car Insurance Brokers

Car insurance brokers serve as intermediaries between customers and underwriting Insurance Companies. They perform a variety of functions in this role, both with the car-insurer buying public and the Insurer placing the business. Brokers are responsible for placing motor and car insurance risks on coverage. This is a significant difference from other types of insurance because […]

Auto Insurance – What Determines the Price of My Policy?

How did your insurance company arrive at a price for your auto policy? Most likely, the price you pay to insure your car was calculated using a variety of information that is specific to you and your vehicle. Although insurance companies generally use the same information to determine the price they will charge for a particular risk, […]