Personal Protection

Controlling Auto Insurance Costs

Posted by on May 18, 2017 in Personal Protection | 0 comments

Does it feel like automobile insurance rates just keep increasing? It is part of a national trend. Blame increased accidents resulting from distracted driving. But there are some ways you can save on your policy: If you are a student, you can save as much as 25% with good grades. It pays to strive for those A’s! Higher deductibles can also help reduce your insurance premium costs. Just be careful about leaving yourself with too much exposure. (Your deductible should be something you can afford to pay.) If you are over 50 you may be able to take defensive driving courses. These could qualify...

Read More

Automobile insurance rates are on the way up because of distracted driving…

Posted by on Apr 24, 2017 in Personal Protection | 0 comments

More drivers are taking their eyes off the road. They are being distracted by mobile devices and it is resulting in more accidents. Worse, it’s inflating your costs for coverage as well. In fact, a state-by-state evaluation has uncovered that rates have been increasing for the last 5 years. There are a few factors that influence rates going up… More people are driving. Cars are more expensive to repair. Texting while driving has become the largest cause of accidents… (The National Highway Traffic Safety Administration determined distracted-driving deaths increased 9 percent in 2015 alone!)...

Read More

Credit insurance scores poorly…

Posted by on Apr 4, 2017 in Personal Protection | 0 comments

Many kinds of credit lines and installment loans offer credit insurance. These products are designed to “protect” an individual’s credit score by covering installment payments in case of certain qualifying situations. Sadly these tend to be overpriced according to recent research. A study covering 2004 through 2013 demonstrated that 44.4 cents in benefits were paid for each dollar spent on such insurance policies. (By comparison, typical health plans offer 84.1 cents in benefits for each dollar spent. So if the goal is to protect yourself in case you get sick or injured, you might be better...

Read More

Is Pet Insurance Really Worth The Cost?

Posted by on Mar 9, 2017 in Personal Protection | 4 comments

Owning a pet can be expensive. A well-bred puppy can easily cost $2,000+ for a desirable breed. Annual costs can be $700 or more including food and wellness checkups at the vet. And that assumes things go well. If a pet requires an emergency visit to the vet, the costs for such visits can quickly skyrocket into the thousands of dollars. Treating chronic illnesses is expensive too. But let’s face it. Pets become a treasured part of our families. Insurance becomes about more than protecting your investment in the animal. If your dog or cat gets sick, most folks struggle with the idea...

Read More

Watch Out For Being Over-Insured With These Handy Tips

Posted by on Jan 24, 2017 in Personal Protection, Uncategorized | 2 comments

Here’s one of the core things we help our clients with. Understanding how to minimize personal economic dangers via insurance coverage. For example, the sudden death of a close relative can have a significant negative impact on your family’s financial well being. Having adequate life insurance can help address this. Your home might catch fire. Adequate homeowners insurance offers critical protection. And of course having appropriate auto insurance protects you from a loss in case your car is totaled. It’s important to have insurance to protect against all of these different threats. But...

Read More

Best of 2016: Financial Dangers of a Natural Disaster

Posted by on Dec 30, 2016 in Personal Protection | 0 comments

Fires, floods, tornados, hurricanes, high winds, hail and lightning… Mother Nature has some serious weapons in her arsenal, and she’s not afraid to use them. With extreme weather becoming more common in many parts of the country, every home is likely at risk of incurring damage from more than one type of natural disaster. In some cases, even with insurance, the outcome is financially dangerous. Consider the following monetary hardships you may encounter. You’ll probably pay clean-up costs out of pocket. Even if these expenses are covered by your homeowner’s insurance, you may want to pay for...

Read More