Somerset is known for its Somernites Cruise. This classic car show has made Somerset the Car Cruise Capital in Kentucky since 2001. The city’s car insurance costs are higher than average, with the minimum coverage at $680 per year and full coverage at $2,017 per year. Somerset was recently named Kentucky’s most safe city to live in. However, insurance […]

Even though they are a classic invention from the 1800s, only 10% of Americans used them in 1980. The general awareness and education have improved over time. Recent polling by National Highway Traffic Safety Administration (NHTSA), shows that national belt use was at 90% by 2019. Nearly half of the 37,000 victims killed in motor vehicle accidents in […]

Lemonade Pet Insurance stands out from traditional accident and illness policies by offering coverage with no waiting period for accidents in certain states and 14 days for illness coverage, while Figo boasts one of the shortest wait times in the industry at just one day. As part of an attempt to deter fraud, any illness […]

New drivers may be surprised to find out they require car insurance even with just a learners permit; luckily, most teens can be added onto their parent’s policy during this phase. This coverage may be considerably cheaper than an individual policy for teenage drivers – in some cases even less than half as costly! Minimum […]

An EPO plan, or Extended Provider Organization plan, offers partial coverage for medical services once you pay a deductible and copayments to an insurance provider. Their discounted fees with doctors and hospitals allow them to do this more affordably. Under an EPO plan, healthcare must only come from doctors and hospitals within its network of […]

Insurance plans that cover occupational therapy vary between private insurers, employer-sponsored plans and Medicare. Coverage varies based on plan type and may include deductibles, copayments and/or coinsurance charges. Original Medicare Part B provides better occupational therapy coverage than most health insurance plans; however, visits are still limited and medical documentation must be submitted. How to […]

According to data provided by Synchrony, an average American spends more than $5,800 each year on premiums, out-of-pocket costs and coinsurance premiums and out-of-pocket expenses such as prescription medications or over-the-counter remedies. Household spending on employer insurance premium contributions and out-of-pocket costs was found to vary widely depending on their income across states and nationally, […]

Insurance allows individuals and families to transfer financial risks onto an insurance provider for a premium, providing protection from unexpected events which might otherwise threaten their livelihoods. There are various kinds of insurance policies available, from auto to life. To get the best value from any policy you purchase, it is essential that you understand […]

Title insurance policies cost differently in each state, depending on a variety of factors that influence them; home purchase price and location being two primary determining factors in cost. Mortgage lenders require lender’s policy coverage while homebuyers may choose to buy owner’s coverage as well. Both of these expenses should be included with closing costs […]

Insurance companies frequently request proof of insurability (EOI) from applicants as part of the evaluation process to evaluate risk before providing coverage. EOI assessment typically involves providing medical records and filling out a health questionnaire. Michael wishes to apply for life insurance and must complete a health questionnaire, physical exam and submit medical records in […]