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Doctors need life insurance as an important safeguard for their families in case of unexpected death, and purchasing it early can help secure the best rates and policies available. Common advice suggests having coverage equal to 10-15 times your income. Both term and whole life policies can be suitable, depending on individual needs and circumstances. […]

Insurance companies generate revenue by accepting financial risk in exchange for premium payments, using statistical principles such as law of large numbers and risk pooling to limit losses and minimize their exposure. Insurance carriers evaluate applicant data such as age, location and risk history to establish premium rates. They often rely on advanced techniques like […]

Camera equipment can be an expensive investment; its replacement could run into the thousands. A separate policy covering theft, accidental damage and travel with gear could provide peace of mind at a nominal monthly premium cost. Standard homeowner and renters policies often offer the ability to add equipment for an additional premium; however, coverage often […]

Maintain your insurance documents until any claims are settled – this applies for car, home and business policies alike. Claims-made insurance policies must be kept for an indefinite period (or until their tail period elapses), while liability policy claims may arise even long after its term has ended. Therefore, both should remain active. Home insurance […]

Rates for home insurance Plano are $2,026 annually for a $250K residence. The rates are almost twice as high as the average for a $250K dwelling. Texas rates are more expensive because of the range of natural disasters Texas is susceptible to such as hurricanes, tornadoes and flooding. These and other reasons are why many homeowners consider home insurance to protect their […]

Over the years, I’ve observed one thing in common with many insurance agents: they fear technology. Although not all agents fear technology, the majority of people reading this article likely do. However, I have found that most agents are afraid of technology. Some agents that I work with refuse to use email. They are missing out on […]

Given the economic damage caused by the coronavirus pandemic, it’s understandable that you might have concerns about the safety of your cash parked at the bank. The good news is that if your cash is deposited at a federally insured bank, it is protected by the Federal Deposit Insurance Corp.  “An FDIC-insured account is the safest […]

Are you looking for a safe and secure way to save your hard-earned money? One option that many people consider is an Individual Retirement Account (IRA). But with so many financial products on the market, it can be tough to know which ones are FDIC insured. In this blog post, we’ll explore what accounts are […]

The beautiful island of Hawaii is known for its stunning beaches, lush greenery, and majestic volcanoes. While it’s an idyllic place to call home or visit, living near a volcano can be risky business. You may be wondering if Hawaiians have volcano insurance. In this blog post, we’ll explore the ins and outs of volcano […]

Allstate was established in 1931. With almost 10% market share, Allstate is currently the fourth-largest underwriter of private passenger vehicle insurance policies. Allstate is best known for its auto coverage. However, it also sells a variety of other insurance products, such as life, boat, and pet insurance. To date, the company has sold 113,000,000 policies and has agents across all […]