Insurance Advice | InsuranceAdvice.com

Life Insurance Basics

admin — Tue, 13 Jul 2010 13:43:21 +0000

How important is life insurance? Many people think they can go without it. However, for most people it’s a necessity. Here is some advice about the basics of life insurance. For some people, it’s more critical than others. For instance, if you are in your twenties and have no financial dependents, there is little point in getting it. On the other hand, if you do have people relying on you financially, then it definitely would be wise. The only time it wouldn’t be worth it is if you have enough savings to cover all expenses after you die. However, this...

Should You Buy An Extended Warranty For Your New Car?

admin — Mon, 28 Jun 2010 15:54:53 +0000

You've just bought a new car and now the dealer is offering you a whole bunch of additional options, one of them being buying an extended warranty for that brand new car. Know all the facts before you sign on the dotted line. Here is some advice about buying that new car extended warranty insurance. There is one thing that you need to know about car dealers – they are out to make the sale. Yes, they want you to find the car that you want with them so that they can make money. This includes trying to offer you...

Buying Affordable Car Insurance For Teens

admin — Mon, 14 Jun 2010 15:39:45 +0000

We love our children and want to give them the best. When they turn sixteen, the “best” to them is a driver’s license and a car they can cruise around in. If you are in the market for car insurance for your teen, here is some advice on finding the most affordable auto insurance for them. Just the thought of your teen behind the wheel of a car can send you scurrying for the bottle of antacid tablets. You dared drive with them and they have now earned their driver’s license. So, it is time to find car insurance for...

Save Money On Your Health Care Insurance Costs

admin — Tue, 08 Jun 2010 14:59:08 +0000

We are all too well aware that health care insurance costs are continuing to rise. Most of the new health care reform bill will not go into effect for many years, so don't expect any relief from that bill in the near term. The new health care bill does a lot to ensure that health care coverage will be available to many more consumers, however it doesn't address the cost side of the equation. Here is some advice about your health care insurance. If you are lucky enough to have health care insurance provided by your employer you can expect...

Should You File An Auto Insurance Claim

admin — Wed, 26 May 2010 15:05:50 +0000

To file or not to file; that is the question. There are certain situations where you should file a claim if your car was damaged due to an accident. However, there are other instances where filing a claim for losses less than $1,000 may not be necessary or advisable. Here is some advice on whether or not to make an auto insurance claim. Depending upon the terms of your auto insurance policy, a claim needs to be filed in cases where the amount of damage to the car exceeds the deductible. In addition, the law requires...

How Much Term Life Insurance Do You Need?

admin — Mon, 03 May 2010 15:31:40 +0000

So you’ve probably seen some commercials lately about how term life insurance premiums are at historically low levels and you should take advantage of those lower prices now. But first, here is a quick tutorial and advice on why you should have life insurance before discussing how much an individual should own. So what is term life insurance? A term life insurance policy is one that has a set time frame on the coverage period – anywhere from one to thirty years – and when it reaches the end of that term, you can decide whether you’d like to renew...

Buy Long Term Care Insurance When You Are Young

admin — Tue, 13 Apr 2010 14:33:08 +0000

The average American life expectancy is now about 75 years for men, 84 for women. Over half of Americans will spend part of these years in extended long term care situations. By 2030, one in five Americans will be a senior citizen. If you are a Baby Boomer, this includes you. Americans are living longer and healthier, thanks to better diet, better medical care and safer living & working environments. Yet no one is immune to the effects of aging and longevity - effects that often result in reduced physical or mental ability. Long term care insurance can be confusing but...

How Can You Reduce Your Insurance Premiums?

admin — Fri, 26 Mar 2010 15:33:32 +0000

Luckily there are other ways than getting married (if you are single) or relocating to get your insurance costs down. One is comparison shopping. Like prices in a drug store, the cost of insurance can vary widely. The difference can be as much as hundreds of dollars for virtually the same policy. Here is some advice about how to reduce your auto insurance premiums. If you have two or more cars, putting them all under the same policy may cost less per car. Same goes for having home and auto policies from the same company. Insurers also like to see...

Life Insurance Tips

admin — Wed, 17 Mar 2010 14:38:35 +0000

The average life insurance policy isn’t hard to understand – you take out this kind of policy to basically get life insurance coverage to protect your family. So, if you die unexpectedly, the insurer will pay out on the policy to give your next of kin a lump sum or an income according to the terms of your agreement. In most cases you will pay for your life insurance policy on a monthly basis for as long as the policy is in force – the payments here are usually referred to as premiums. It is critical that you read the...

Disability Insurance

admin — Thu, 11 Mar 2010 13:16:00 +0000

When it comes to protecting your financial future there are a few indisputable strategies. They include saving money for emergencies, planning for retirement, and staying out of debt. That being said, there are some other smart financial strategies that many people overlook. One of them is purchasing long-term disability insurance. Here is some advice about it. What Is Long-Term Disability Insurance? Disability insurance is insurance that protects you should you become physically unable to work. It’s used to protect your future earnings. Now you may be thinking, isn’t that what my emergency fund is for? Well, to a large part it...

Home Insurance Coverage

admin — Tue, 23 Feb 2010 00:17:20 +0000

Most homeowners insurance policies contain some coverages that you may not be aware of, but that may come in handy in the event of an emergency or catastrophe. Again, homeowners policies vary from company to company, and state to state. Different companies may call coverages by different names, however the general categories described below should be recognizable. The limits (maximum amount of coverage provided by the policy) covered can also vary. The amounts quoted below are averages. Read the fine print and/or speak to your insurance agent to confirm what coverages and limits are in your policy. Here is some...