How Much Term Life Insurance Do I Need?

Mike S. from NJ asks, "How much term life insurance do I need?" There's an old-school rule that says when purchasing a term life insurance policy you should buy a policy equal to 10 times your annual income. This strategy may work in some…

5 Things Your Insurance Agent Isn’t Telling You

Many insurance agents provide transparency and share details of the process when you request a quote or bind a new policy. Other insurance agents are keeping information from you. Full disclosure regarding the process of writing an…

Lower Auto Insurance Costs for Teen Drivers

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…

What is Personal Liability Insurance?

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…

Do I Need to Buy Rental Car Insurance?

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…

Which Credit Card Should I Pay Off First?

At some point in our adult lives, most of us have carried some credit card debt. In fact, the average American family owes nearly $5,000 to credit card companies. Assuming an interest rate of 15%, an average debt of $5000 for one or more…

Who Needs Term Life Insurance?

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 insurance, this article…

Why Do You Need Renters Insurance?

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…