Did you know John Jay Pittman built a famous coin collection that his family sold in 1996 when he passed away for $30 million? Over time, people started collecting other values from art to alcohol to jewelry.
Valuable collections can be worth millions of dollars, if not more. Keep reading, and we will walk you through collectibles insurance and why you should insure everything, from jewelry to alcohol. [Read more…]
As the summer draws to a close, it seems that our time spent isolating at home isn’t yet over. While working remotely from the comfort of the couch may have seemed like a mini-vacation several months ago, you may now find yourself feeling restless.
Fortunately, there are tons of positive activities you can pick-up and practice while self-isolating. If you’ve been putting off a home maintenance project or task, now is the time to take charge and get it done.
Caring for your home is crucial to keeping your household healthy and safe. Keep reading to learn how essential routine maintenance is, especially now. [Read more…]
Accidents happen — that’s just a part of life. With the right personal insurance, you can avoid financial ruin following an accident that causes injuries or property damage.
While there’s not always a “one-size-fits-all” fix in life, personal umbrella insurance can at least protect you when accidents happen.
Umbrella insurance (also known as excess liability insurance) is a fail-safe option for your savings. If you’re sued for damages, an umbrella policy will help you pay what you owe. An umbrella policy with $1 million in coverage costs about $150 to $300 per year.
That’s just the start, though. Keep reading to learn all about personal umbrella insurance, who needs it, and why! [Read more…]
Life insurance is a valuable thing to have so that you can take care of your family when the time arrives.
You may wonder, “how much life insurance do I really need” and how much is too much or too little?
Read on to learn more about life insurance so you can decide how much is right for you and your family.
One way to determine the amount of your payout for life insurance is to add up the total debt you currently have. When you think of life insurance, think about the things you’d owe money for in the event of your passing. [Read more…]
The average home in the United States costs average home in the United States costs $229,000. This is obviously a big financial investment to make.
In addition to that, the average homeowner pays $1,131 per year in homeowner insurance costs, which is a 3.3% increase over last year.
Your home is a major investment, but insuring it doesn’t have to break the bank.
Read on to learn about the steps you can take to obtain affordable homeowners insurance for your home and family’s future. [Read more…]
13% of all American motorists were uninsured as of 2015, even though it is a requirement in most states.
If you get hit by someone who does not have insurance, you could end up paying for expenses like medical bills, car damages, and car rental yourself. You may need to sue the driver. If, however, they don’t have insurance, the chances are high that they don’t have much in terms of assets either.
Some states, such as New York, North Carolina, and Vermont, require drivers to carry uninsured motorist coverage. This protects you against damages if you get hit by an uninsured driver. It also covers hit-and-run accidents.
Underinsured driver coverage is slightly different. It kicks in when the driver who hit you has liability coverage, but it is too low to cover your damages. This may happen in states that require low liability limits. [Read more…]
Have you ever wondered to yourself, How much car insurance do I need? If you have, you’ve come to the right place.
First thing’s first, you should make sure that you’re covered up to the state’s minimum coverage requirements – every state has one, so make sure to check that out.
But what about beyond that? Do you need more than the minimum required car insurance? Is it really worth the extra money?
Read on so that we can help you decide. [Read more…]
The last thing you want when you’re preparing to go on vacation is additional fees or costs you hadn’t anticipated. But, that’s often times what happens when you arrive at the rental car counter. You know it’s coming, if you have ever rented a car, they want you to buy insurance. Like most folks, you find yourself wondering if it’s really necessary to buy the rental car company insurance coverage.
As a car owner, most likely your current auto insurance policy covers you as a driver on the road, but what about the rental car itself? This is where things start to get blurry and become a little more complicated. [Read more…]
Homeowner’s insurance is one of those necessities that come along with adulting. It may seem rather pesky and unnecessary to pay your premium all the time for something that you may never use; however, if you ever suffer a big loss, you’ll be so relieved there is an insurance policy there to cover it.
Life is full of risks. The more stuff you have, the more things you have to risk losing. Thus you have to have the right kind of insurance policy to ensure the most important things are covered.
A named peril policy comes with an attractive price tag, but what is missing in the coverage? Let’s take a look. [Read more…]
Insurance is one of those necessary, but headache-producing topics that most people prefer to avoid.
That’s why going to an insurance agent is such a handy way of handling your insurance needs. A good insurance agent will listen to your needs and recommend the coverage and policies that will work for you and your budget.
But did you know there are two kinds of insurance agents?
They are the captive agent and the independent agent. Let’s look at what each type of agent is and help you decide which type you should choose to hire. [Read more…]
