Search Results for: insurance

Wood stoves pose an increased risk of fire and smoke damage to houses, as well as carbon monoxide poisoning for their users. Insurance companies require homes with wood stoves undergo a WETT inspection prior to being covered. Homeowners insurance provides protection for your house, personal belongings and landscaping – but using wood stoves to heat […]

An automobile is considered totaled when its repair costs exceed its actual cash value (ACV). Insurance companies estimate this figure by studying repairs done, checking current listings in the area, and using tools like Kelley Blue Book to arrive at an estimation of ACV. Once the company makes its decision, there can be many calculations […]

Most homeowners insurance policies provide coverage for siding repair or replacement in cases where damage occurs due to an insured peril; however, damage due to wear-and-tear or gradual deterioration usually isn’t included. When damage to your siding occurs, it’s essential that you document it by taking photographs and making notes – this will aid the […]

Many credit cards now provide rental car coverage that can save both money and time at the counter. With rental car coverage on board, it’s easier than ever to drive off confidently from any lot or parking garage without incurring additional insurance premiums from rental agencies. Most credit card rental car coverage is secondary, meaning […]

Insurance brokers provide invaluable expertise and access to an expansive selection of policies. Their compensation is set by state laws and must be reasonable and clearly disclosed. Commission is typically included in the policy price, while insurance brokers also sometimes charge a separate brokerage fee that takes into account their ongoing consultative roles, including helping […]

Gap insurance typically comes bundled into your loan payments through your auto insurer or dealership and then discontinued when enough loan payments have been made to match up with the car’s value. Once that point arrives, however, gap insurance can be removed from your plan altogether. Gap insurance provides essential protection to drivers with upside-down […]

The Affordable Care Act included a health insurance mandate that required most citizens and legal residents to obtain coverage or face penalties when filing federal taxes. While most federal penalties have since been removed, several states still mandate coverage as part of filing state tax returns or risk facing penalties when filing state taxes. Due […]

Cigna scored poorly for plan variety, offering only three plans and no bundling options or loyalty plans. However, its PPO plans boast one of the nation’s largest networks and high annual coverage limits. Preferred Provider Organization (PPO) plans allow you to visit out-of-network providers at reduced costs; however, these plans often feature maximum annual coverage […]

As a Costco member, you likely know that its pharmacy accepts most major health plans and provides its own prescription discount program, known as CMPP – perfect for people without health coverage as well as Medicare or Medicaid beneficiaries. However, it remains unknown whether Costco Pharmacy is one of Cigna’s preferred network pharmacies. CMPP Costco […]

Life insurance on your parents can help cover funeral costs and any debts they leave behind for you, such as mortgage or loan balances. First step to creating an employee benefits policy should be an open discussion about its necessity and gaining consent for its implementation. Getting Started If you want to purchase life insurance […]