Insurance claim advance payment is not widely known by those who file claims. Often, when an insured suffers a loss of significant size, such as a flood, tornado, wildfire, storm damage or major water damage, an advance payment of a portion of the anticipated settlement is issued by the insurance company. This situation also occurs … Read more
Chances are, if you own a car, you might be paying for some unnecessary “extra options”. For example, why does one need “medical coverage” under car insurance if you already have health insurance? Have you ever asked your car insurance company what this means? So what if you get into a car accident and you … Read more
Your home is supposed to be your safe haven – where you can chill out, make memories with family, sleep, eat and just live. What if one day something is expected and you are displaced or homeless overnight? It has happened to many people before and can happen to you too. Increase your chances of … Read more
There are many factors that affect home insurance rates, the most obvious being your home’s age, location, construction type, and whether you want anything beyond the basics. Don’t think that “cheap home insurance” refers to basic, almost worthless insurance. There are some good companies that offer good coverage at affordable prices. Once again, the rates … Read more
Cyber attacks are on the rise, so it’s no surprise that cyber insurance continues to be one of the fastest growing sectors in the insurance industry. For insurance agencies, there are two sides to this coin, the opportunity for cyber insurance growth, and the potential for malicious cyber attacks on their own agency’s website. How … Read more
Some homes are located in areas at high risk for water damage. Other residences are located at medium or low risk. Regardless of the condition of your home, you may want to consider purchasing flood insurance to protect yourself against the financial loss caused by water damage. Disaster Relief Limits If you are not insured … Read more
Bundling multiple insurance policies with the same company is usually a way to save some money. They offer lower rates and better discounts to loyal customers who have both auto and home insurance. If you need both anyway, or are thinking of switching from your existing car and/or home insurance policy, you can start by … Read more
Overseas holidays are a lot of fun and it’s a shame to think about the things that could go wrong, but just because you’ve been to another country is no reason to assume that you’ll be at risk of any of these. The chances of being wrong are less than the dangers of everyday life. … Read more
Homeowners must purchase insurance to protect against a variety of disasters, from flood to burglary. The best homeowner insurance can also protect you from lawsuits if someone ever gets hurt on your property. The problem some people face when choosing the right type of insurance is that there are too many considerations and variables. It … Read more
Life is full of uncertainties and we have no idea what it has in store for us. From married couples with children to childless couples to singles, no one is immune from unwanted events in life. For this reason, life insurance is vital to any sound financial plan. Life insurance guarantees financial stability to you … Read more