5 Life Insurance Questions You Were Too Embarrassed to Ask

Here’s a good article for families considering life insurance. Read more on Time:

Applying for life insurance means answering some pretty personal questions. For example: How much do you weigh? (We’re talking the actual number, not the aspirational estimate on your driver’s license.) Do you smoke marijuana? Whom do you want to get the life insurance money when you die? Wait — not your spouse?

Don’t let any of that stop you from getting a life insurance policy. Here are the answers to five questions you might be embarrassed to ask your insurance agent.

Probably not.

Read the source article at time.com


Factors that set auto insurance rates (beyond your driving record)

Wondering why your insurance rates are different than a friends? These varying factors may have something to do with it:

Speeding, running a red light and driving under the influence are some of the most common traffic violations that can lead to higher auto insurance premiums.

Even for drivers shopping for a new policy, having a poor driving record with serious traffic violations or accidents will usually result in a higher rate than they’d normally have after an insurance company checks their driving record.

Read the source article at InsuraMatch

7 Little-Known Benefits of Renters Insurance

If your family is working toward owning a home and currently in a rental, you may want to consider renters insurance to help protect your personal belongings and liability. Should something happen to your rented home that damages your belongings, renters insurance can help with the cost of replacing your belongings. Read on to learn more about renters insurance on NerdWallet:

Owning a home is still the American dream for many, but renting has benefits — you don’t have to pay for building upkeep, risk getting underwater on a mortgage or be stuck in one place for too long. But you still need to think about financially protecting yourself and your stuff. Renters insurance is the…

The article 7 Little-Known Benefits of Renters Insurance originally appeared on NerdWallet.

Read the source article at Compare Best Credit Card Offers


How Much Does Homeowners Insurance Cost?

Wondering how much homeowners insurance for your family might cost? Read on to learn more on Fox. Don’t forget to consider all that homeowners insurance can help cover if your home is damaged by a covered event. Homeowners insurance helps protect you from the enormous cost to rebuild your home should something happen.

Since homeowners insurance claims often require rebuilding whatever part of your home succumbed to fire, flooding, or other disaster, most insurance …

Read the source article at Fox News


10 Reasons You May Be Paying Too Much for Auto Insurance

If your premium seems quite high, it could be do to one of these 10 reasons. Insurers use many different factors to determine your auto insurance rates, some can raise your rates more than others. Read more:

No one likes to pay more for auto insurance than they have to but you may be paying a higher premium than is necessary. Auto insurance premiums are rated by insurance companies based on several key criteria; the vehicle’s make and model, safety features, usage and driver information including tickets and accidents. These criteria are known by most people but there are other factors used in determining your auto insurance premium that you may be less familiar with.

Read the source article at The Balance


College checklist: Pack bags, review insurance (column)

If your family has a child heading off to college, don’t forget to think about how that will affect your insurance coverage. You’ll want to look into whether your child’s personal property is still covered under your homeowners insurance, just in case something happens at school. You’ll also want to look into the best auto insurance coverage to suit your child’s needs at school, as well as if your child has enough personal liability coverage.

Because at the age of 18, living in a dorm, he was still on our car insurance, health insurance and even homeowners ‘ insurance . As a personal injury …

Read the source article at York Daily Record


Home warranties can be worth it (but read the fine print)

Home warranties and homeowners insurance are two different products that cover two different things. Should you consider a home warranty in addition to your homeowners insurance policy?

There are several advantages to this coverage and it could be useful for your family home. Read on for more information from USA Today:

While homeowners insurance protects your home against unforeseen circumstances, a home warranty, which costs an average of $550 per year, is a …

Read the source article at USA TODAY


Live in a Flood Zone? Make Sure You Have This

Flooding and insurance can be tricky. Some policies will cover flood damage, others won’t. Some coverage you can purchase any time you need it, some require a waiting period before the policy can go into effect.

If your area is susceptible to flooding, you’ll want to know the ins and outs of your policies to ensure you have adequate protection in the event of a flood. Read on on About to learn about some common nuances to flood coverage:

It may surprise you; car insurance does cover flood damage to cars, as long as you have selected the right coverage on your auto insurance policy. A flood can easily total out a car and the only way to get your insurance company to pay for the repairs or your total loss is to carry comprehensive coverage on your policy. Flood insurance can be crucial if you live in high risk flood zone.

Read the source article at Car Insurance Coverage and Loan Terms


Does my insurance cover this fallen tree?

With thunderstorms in season, you may be wondering about whether storm damage is covered under your homeowners insurance. Wind and heavy rain or hail can bring down trees. Fallen trees can cause a whole lot of damage to your home or your car. Are you covered?

Read on for the answer and stay safe!

SD: If a neighbor’s tree falls on my home , car, or property who pays? … GM: Yes, your insurance would cover the home repairs, including water …

Read the source article at HamletHub Local News


Top 5 Ways to Reduce Car Costs for Teens

This summer, help cut down on your family’s car costs with these helpful tips for reducing costs for teens. Since teens are riskier drivers to insure, you may find that the family’s auto insurance plan will go up once you add a teen driver.

There are several ways to save on costs, from insurance to the car itself. About outlines some ways families can start saving:

Lowering car costs for teenagers is not an easy task. Driving a car is expensive for all drivers. When you add up all the costs of the vehicle itself, gas, maintenance, and car insurance it can seem as though the expenses are never ending. Focusing on cost savings will aide you in the decision making process when it comes to teenagers and their first set of wheels.

Read the source article at Car Insurance Coverage and Loan Terms