One of the common questions people ask when they are shopping for a new car is “will my insurance rates go up if I buy a new car?” The answer to this question is not as simple as a yes or no. In order to determine if it will be more expensive to insure a …
Is it more expensive to insure a new or old car? Read More »
Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured. Insurance is important because it protects individuals and businesses from potential financial ruin in the event of …
There are a few things that you can do to get cheap car insurance. One is to shop around and compare rates from different companies. Another is to choose a higher deductible. This means that you will have to pay more out of pocket if you have an accident, but it will lower your monthly …
When you’re buying a home, mortgage lenders require proof that you have insurance to cover the property in case of fire or other damage. This is to protect their investment, as well as your own. Most people buy what’s called a homeowner’s policy, which combines protection for your dwelling and personal belongings. Lenders usually require …
As a landlord, you need to insure your property against damage and loss. You also need to protect yourself against liability claims from tenants and third parties. The type of insurance you need will depend on the type of property you own and how it is used. If you own a residential rental property, you …
