Shadow

Tag: insurance

7 proven ways to save money on car insurance

7 proven ways to save money on car insurance

Automobiles
In America, just about everyone needs car insurance. It’s a legal requirement in most states that must be met before driving a vehicle. Dealing with car insurance can be tricky and frustrating, though, because there are so many factors to consider. And let’s face it, nobody really wants to fork over a few hundred dollars every month just to be able to drive the car that they already spent money on. Many people are adequately covered by their vehicle insurance policy, but do not realize that they may be paying more than necessary for what they’re getting in return. It's possible that other car insurance agencies out there are willing to provide the same quality of insurance at a lower price. Here are a few ways in which you can get the best insurance coverage for your car without ...
Shipping insurance rates for fragile goods

Shipping insurance rates for fragile goods

Business
Importers have to pay higher insurance rates for fragile shipments. So do people who hire movers to transport delicate household goods like antique China, chandeliers and expensive wine glasses to a new residence. Other fragile products like strawberries are sensitive to changes in temperature. Shipping technologies such as intelligent package labels and monitoring devices can remotely trigger an alarm when fragile cargo is subjected to unacceptable shocks or temperatures. One example of a device that sends signals directly to a personal computer or laptop is Innovatorium Technologies’ wireless Environment Monitor. Rather than replacing the need for shipment insurance, however, these technologies emphasize the need for adequate cargo coverage for fragile goods. This article pr...
How to save money on auto insurance

How to save money on auto insurance

Automobiles
Everyone knows that auto insurance is required in this country, but not everyone knows how to save money when they buy it. Reducing monthly bills is important in today's economy, and here are some simple ways to save money and get the affordable auto insurance needed. Maintain a Quality Credit Score for Better Car Insurance Whenever it is important to get the best interest rates on anything, including credit cards, loans, mortgages, or insurance, always check credit scores first. Most insurance companies are looking at credit scores today and they do have a part in determining how much the auto insurance premiums will be. Take the time to make any corrections needed and then check back about five or six weeks later to ensure that the corrections have been made. Discover Cars w...
Thinking of retiring amid coronavirus pandemic?

Thinking of retiring amid coronavirus pandemic?

Career
Retirement today may mean something very different than it did a few years ago. It may mean that someone has applied for Social Security benefits or it may simply mean that someone is no longer working. Retirement can also mean that someone has chosen to continue working, either full or part-time and still receive Social Security benefits. All these options are available, but before taking the steps to these options, careful consideration needs to be done in order to ensure the right decisions are being made. Taking early retirement may mean that there will not be enough income and delaying retirement may mean that there are not enough years left to enjoy the increased income. Finding the right balance is the key to successful retirement planning. Crunch the Numbers There are ...
Whole life insurance – pros and cons

Whole life insurance – pros and cons

General
Provided that monthly premiums are maintained until a pre-specified age in the agreement, a whole life insurance policy is specifically designed to pay out upon death. Once this age is reached, a whole life policy continues for the remainder of the insured's life. Part of the premium goes towards providing coverage and the remainder is placed in the provider's investment portfolio. It is amongst the leading alternatives to level term insurance, which only provides coverage for a defined period of time. Advantages of Whole Life Insurance Coverage for life. Unlike term insurance, the insured will be covered for the entirety of their life. This means that they will receive a payment upon death regardless of whether they die at 25 or 90. Tax free. The payment upon death will normall...
Important tips to follow while buying homeowner’s insurance

Important tips to follow while buying homeowner’s insurance

Home & Garden
Before shopping around for a homeowners insurance quote, learn more about the policy: Homeowner's insurance policy coverages: actual cash value vs. replacement cost. We'll start off with actual cash value and replacement cost, because if this coverage isn't specified in the quote, homeowners could be in for some serious trauma if there is an insurance claim. Simply put, actual cash value includes depreciating the value of items at the time of the insurance claims assessment. The depreciation calculation varies by the item insured, the insurance company and the individual claims adjuster. Replacement cost value does not depreciate the value of items insured at the time of the insurance claims assessment. Replacement Cost is the actual cost to replace an item destroyed or damaged i...