Search Results for: insurance

Are 12 Months of Homeowners Insurance Required to be Paid When Closing on House?

It can be difficult to get familiar with all aspects of buying a house. It can be difficult to keep up with all the new terminology and the many closing costs. You may have many questions if you are a first-time homeowner. Are you aware of the amount due on your homeowners’ insurance premium at closing? Do you […]

What is Burial or Funeral Insurance Called?

Burial insurance, also called funeral or final expense insurance,is a helpful tool for loved ones paying for a departed family member or friend’s funeral, memorial service, headstone, urn, and other final expenses. Although it is similar to traditional life insurance, the benefit amount is much lower than traditional. Although it is usually used to fund final arrangements, it […]

How to Make Yourself More Attractive to Insurance Companies

Let’s first define “high-risk driver”. Anyone who is considered a high-risk investment. Insurance companies will consider you more risky to insure if you are involved in multiple accidents or have been arrested for DUI. High-risk drivers are either high-risk because they have two or more points on the license, or simply because they are older. They are high-risk drivers […]

In New Jersey It’s Illegal to Drive Without a Basic Auto Insurance Policy

It is mandatory to have at least the Basic Insurance Policy if you own a motor vehicle in New Jersey. Driving a vehicle without insurance is a crime. The penalties for driving without insurance are more severe since New Jersey passed the Automobile Insurance Cost Reduction Act. Your driver’s license could be suspended, your vehicle impounded, and you could […]