There are many options and advertisements for auto insurance. With so many choices, it’s hard to know what you really need. However, an Illinois driver is required to carry auto insurance and certain coverage options may be required by your lender if you still have a loan out on your vehicle. All the big name auto insurers, like Geico, offer multiple coverage options which can be generalized to six different areas. Liability for bodily injury…
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Reasons for purchasing travel insurance
Most like any form of insurance, travel insurance is used to help protect against the unexpected and to help reduce damages lost. In fact, there are five concrete reasons to purchase travel insurance.
Read MoreShould you get snowmobile insurance coverage?
Though consumers may enjoy a number of recreational activities during the winter, some are more dangerous than others, which could prompt people to make sure they have proper snowmobile insurance coverage. One of those activities that may end up leading to accidents is snowmobiling. According to the industry group the Insurance Information Institute’s 2010 fact book, which cited data from the National Safety Council, there were 12,735 snowmobile-related injuries in 2004. Given that amount of…
Read MoreI don’t have Maternity Health Insurance Coverage… Now what?
Spending more on snacks and beer rather than auto insurance?
In this tight economy consumers on average still manage to spend more on the things they like such as pizza and booze rather than the things they need such as auto insurance.
Americans spend a combined $329 billion on pizza, beer and spirits while shelling out a mere $159 billion a year on auto insurance.
Read MoreHelpful fire safety tips for the holidays
The United State Fire Administration provided fire safety tips for the home during the holidays, which if followed, will ensure a healthy and happy time for all involved.
The USFA says heating fires account for 36 percent of residential home fires in rural areas each year, and the reason for this is creosote buildup in chimneys and stovepipes. Furthermore, the USFA encourages all home heating systems be maintained regularly in order to function safely and efficiently.
Read MoreReduce insurance coverage with caution
Reducing coverage on auto insurance or other forms of financial protection may be one route consumers take to save money.
Given that unemployment is high, many Americans are trying to reduce their monthly bills. And while there are ways to obtain auto insurance coverage for lower rates, the Insurance Information Institute says consumers should be careful about lowering coverage.
Read MoreAuto insurance procedures when dealing with divorce
In addition to a number of financial concerns resulting from divorce, couples should revisit their car insurance coverage
Read MoreHow to Save on Auto Insurance
In today’s tougher economy, everyone is looking to save money on car insurance. Here are ten tips to help save money in premiums, according to the Insurance Information Institute.
Read MoreThree methods to increase disability income benefits
Since the primary reason for purchasing a disability income insurance policy is to replace any income that may be lost due to a disability, it’s imperative to have an adequate amount of coverage in place before a disability occurs.
Edward E. Graves, author of “McGill’s Life Insurance” says there are three methods a non-disabled person can employ to make sure their benefits are enough to support their income prior to a disability. The general rule of thumb is if you received a raise or your expenses have increased, so should your benefits.
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