Homeowners insurance rates have been steadily rising in recent years. But how much should you expect your homeowners insurance premium to increase year over year? There are a few key factors that determine the annual rate hike for home insurance policies. Home Insurance Rate Trends Insurance rates are closely tied to inflation, rebuilding costs, risk … Read more
Copays can be confusing, especially if you’re new to dealing with health insurance and medical bills. You may be wondering – do I really have to pay this copay, and do I have to pay it upfront before my appointment? The short answer is: it depends. There are a few different factors that determine whether … Read more
Online only insurance policies allow customers to purchase insurance coverage entirely over the internet, without interacting with an insurance agent. While online insurance options have existed for over two decades, they have exploded in popularity in recent years. In this comprehensive guide, we will explain everything you need to know about online only insurance, including: … Read more
Insurance audits are a regular part of doing business for many companies. But how far back can an insurer legally audit your records? Here’s what you need to know about insurance audits, including how long records must be kept and maintained. What is an Insurance Audit? An insurance audit is a review of a policyholder’s … Read more
Getting pregnant can be an exciting time, but it also brings many practical considerations – including your health insurance coverage. Pregnancy care and childbirth costs can be expensive, so having sufficient coverage is crucial. Two common insurance plan types many pregnant women consider are PPOs and HDHPs. But when it comes to pregnancy, which option … Read more
For most types of life insurance, the policy has a set end date known as the maturity date. When a life insurance policy reaches maturity, the policy ends and a payout is made to the policy owner. But what exactly happens at maturity, and what should you expect? Below we’ll look at how maturity works … Read more
Selling insurance independently can be an attractive career path for those looking to be their own boss and benefit from the flexibility and earning potential of working for themselves. But is it possible to sell insurance on your own outside of working for a larger insurance company? The short answer is yes! You absolutely can … Read more
If you’ve ever filed an insurance claim for vehicle damage or property loss, you may have come across the term “betterment.” This refers to a betterment clause, which is a common provision in insurance policies. Below we explain what a betterment clause is, how it works, its purpose in insurance contracts, and what you need … Read more
When reviewing health insurance options, you may come across plan names and acronyms that can be confusing. Anthem offers a type of plan called an HDHP PPO. What exactly does this mean? Below we’ll explain what an HDHP and PPO are, Anthem’s HDHP PPO plan details, how the coverage works, and who this type of … Read more
You’ve likely had a friend or family member ask to borrow your car at some point. It’s a common favor among people who know and trust each other. But before handing over your keys, an important question arises: Will your car insurance cover the other driver if they aren’t listed on your policy? The answer … Read more