Seeing your auto insurance premium increase at renewal time is annoying but often expected. More confusing is when your bill seems to fluctuate up and down slightly each month. Why does your car insurance payment jump around when coverage remains the same? As it turns out, many factors can cause your monthly car insurance rate … Read more
Property insurance helps protect homeowners and businesses from financial losses due to damage to their property. Most property insurance policies contain a coinsurance clause, which requires the policyholder to insure their property to a specified percentage of its replacement value. But what exactly does a 90% coinsurance requirement mean? This article will explain what 90% … Read more
Medicare and commercial health insurance plans have some similarities in the healthcare coverage they provide. But there are also several important distinctions between these two major coverage options. Understanding the key differences between original, fee-for-service Medicare and commercial medical insurance can help you make informed choices about your health plan. What is Commercial Health Insurance? … Read more
Dealing with car repairs and insurance claims can be a frustrating process. You file a claim expecting your insurer to cover the cost, only to find the payment may not be worth the hassle. So what if you change your mind and want to cancel your claim? Here’s what to know about canceling insurance claims … Read more
Getting notice that your insurance policy is being canceled can be stressful and disruptive. But policyholders have certain rights when it comes to cancellation notices. States regulate the minimum notice periods that insurance companies must provide before terminating coverage. Understanding how much advance warning your insurer is required to give can help you avoid surprises … Read more
Renters face risks like theft, fire damage, and liability claims that can disrupt lives and finances. A renters insurance policy protects against these perils, but what about accidental damage? If you spill wine on the carpet or your child breaks an appliance, will renters insurance have you covered? Understanding exactly what accidental damage is covered … Read more
Insurance is an important part of operating any business. It protects against potential losses and provides financial security. But with so many different insurance policies available, business owners often wonder – is the premium paid for insurance considered a business expense? The short answer is yes. Insurance premiums are usually considered a normal business operating … Read more
Moving to Canada as a US citizen is absolutely possible, but there are a few key things you need to know. As a US citizen, you have the privilege of entering Canada without a visa as a tourist for up to 6 months. However, if you want to live, work or study in Canada long-term, … Read more
If your car insurance payment is late, you may be wondering how much time you have before your Allstate policy cancels. Most auto insurers offer policyholders a grace period to pay overdue premiums and avoid a lapse in coverage. But how long is Allstate’s grace period exactly? What steps can you take to ensure your … Read more
Getting into multiple accidents in a short period of time can seriously jeopardize your car insurance coverage. Most insurers have limits on the number of claims they will accept over a set timeframe before dropping a policyholder. So can car insurance drop you after just 2 accidents? The short answer is yes – having 2 … Read more