In 1688, Lloyd’s Insurance Market was founded in a coffee shop owned by Edward Lloyd. This coffee house was a haunt for those involved in maritime trade. Lloyd’s only dealt in marine insurance for many years. However, Lloyd’s began to grow a substantial non-marine business, especially business from overseas. This market is now one of the most […]
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Online Insurance Comparison: Today’s internet is the largest source of information. Information has become almost commodityized. The only thing that is important is to know what information to look for. Internet has played a major role in creating a more efficient market place by removing information asymmetry. Insurance is an area where the internet’s power can be used […]
It is now possible to purchase Mexican insurance online, thanks to the widespread use of the internet. Consider this: Would you rather wait in the heat and fill out a lot of paperwork than to be able to get to the front of a long line? You should know that Mexican auto insurance is required to […]
Insurance Misconception People, particularly older generations, subconsciously link ‘Insurance” to ‘Savings. This misconception could be caused by the way tied agents solicit their business. Agents sell whole-life plans as savings plans. While this is not to say that whole life plans cannot be used for savings, it does illustrate the misinterpretation of ‘Insurance with Savings’. A contributing factor […]
Avoid falling for the trap of believing you are sufficiently insured just because you get the lowest insurance quote. Instead of settling for the cheapest option, finding comprehensive insurance coverage from a reliable and trusted insurer should be your motivation. A huge financial loss from being underinsured or inadequately insured can be devastating in an uncertain economy. You […]
Are you looking for commercial, car, house, health, life, or commercial insurance? It is possible that you will pay too much for the wrong coverage or get the wrong terminology if you don’t know what the terms mean. This guide will help you understand the terminology of insurance to ensure you get exactly what you need. General […]
When it comes to winter weather, New York and Florida seem like polar opposites. Despite being polar opposites in terms of winter weather, the two states are forming a massive cold front to find, buy and sell affordable insurance ahead of a blizzard of Congressional reforms. Under the supervision of Governor Eliot Spitzer, one of the […]
This article explains the differences in insurance companies and provides some guidelines for customers to consider when searching the internet or multiple agencies for the best insurance quotes. There are a few things you should be aware of when searching for insurance quotes in today’s market. There are your large corporations, the middle-level and private companies and businesses, which […]
It could be due to the recent publicized ‘holes’ in many state- and private-company pension schemes. This means that the guaranteed secure and comfortable retirement for many is no longer possible. Perhaps it’s the recent financial crisis or the mood that followed 9/11. No matter the reason, more people are looking at life insurance’s potential benefits. People are […]
Over 1.4 Million licensed drivers are in Nebraska. However, each driver pays an individual rate for car insurance based on their unique characteristics. Nebraska’s average car insurance cost is $335 for minimum coverage, and $1,531 per year for full coverage. Because auto insurance rates are determined by many factors, the rates of each driver can vary greatly. What is […]