The cost of insuring your young or teen driver can be an eye-opening experience, with rates running as high as twice the amount paid for an older driver and sometimes higher. Auto insurance rates are determined by the probability of a loss based on rating factors. As many as 2,500 different factors may be used…
What is Personal Liability Insurance? Personal liability insurance provides coverage for the named insured and resident relatives for bodily injury or personal injury caused to others. There are over 5 million dog bites in the US every year. Some of these bites require medical attention, some will cause longer-term trauma, and some may even result…
If I have car insurance, do I need to buy rental car insurance? Most of us have been there at some point, lost within a chilled-air moment of temporary confusion when someone at the rental counter asks us to purchase insurance for the rental car. Do I need to buy rental car insurance? I already…
[bctt tweet=”Your insurance agent may cringe at the the thought, but term life insurance isn’t for everyone.” via=”no”] Many people have good reasons to purchase life insurance, but some people don’t need it or will find only a minimal benefit in its purchase. While this is true for both whole life insurance and term life…
Only 4 out of ten renters have a renters insurance policy. It’s easy to understand why someone might need insurance for a house or for a car. These can be expensive items, and we’d often want coverage for these items to protect us from financial loss if they were damaged. However, if you are renting…
Subrogation in an auto insurance claim is the process in which your auto insurance company works on your behalf to collect from the other party’s insurance company if your vehicle has been damaged and it is believed that the cause of the damage was the other party’s fault. In addition to physical damage to your…