Six Things Your Insurance Company Doesn’t Want You to Know

six insurance buying tipsInsurance coverage exists to protect you from costly repairs and replacement should an accident happen-at home or on the road; whether you’re at fault or not. But like all businesses, insurance companies are looking to turn profits. While there’s nothing wrong with that, it’s up to you, the consumer, to do your homework so you can ensure the best coverage at the lowest cost possible.

Insurance companies know that you’re busy and don’t often have time to research the best price on the coverage you need. So be smart about shopping around. Look for discounts, compare prices, and ask a lot of questions. Your insurance agent won’t thank you, but your savings account will.

Here are six things that your insurance company doesn’t want you to know but will get you on track for the right coverage at the right price. [Read more…]

A Smart Guide to Buying Extended Warranties

Buying Extended WarrantyPlanning to make a big purchase soon?  No matter if it’s a new laptop or replacement windows for your home, you’ll probably be faced with the question of whether to purchase or pass on an extended warranty.

For many, buying an extended warranty just seems like a no-brainer.  There’s valuable peace-of-mind in knowing that you’ll be able to avoid big, nasty repair and replacement costs should something go sideways.

That’s generally been my philosophy.  I’ve purchased my fair share or warranties – some that still seem smart in hindsight, some that fall  into the “what in the world was I thinking?” category (custom rim protection, anyone?).

But the truth is, choosing whether or not to invest in an extended warranty should be a case-by-case decision. [Read more…]

How to Protect Your Ability to Earn (For Less)

Disability insurance tips

No one can accurately predict the future.  No matter how many tarot cards, fortune cookies, magic 8-balls, or Ouija boards you might stock up on, making accurate predictions about exactly what’s going to happen ten, five, or even a year down the road is, well, pretty darn difficult.  If not downright impossible.   There are just too many random events, haphazard scenarios, and chance encounters that can change things in an instant.

And that’s exactly what makes insurance so valuable: it provides important peace-of-mind protection against the risks of everyday life. [Read more…]

A Simple Guide to Purchasing Life Insurance

Life Insurance Buying GuideLife insurance can be a touchy subject to talk about.  And for a twenty-something just starting out, decisions like that often seem pretty far down the road.

But providing a financial safety net for the people that matter most in your life is too important to put off over and over.

In our last blog, we looked at three types of insurance policies that generally fall into the “must-have” category: auto, homeowner’s / renter’s, and health insurance.

In this blog, we’ll be diving into life insurance – a coverage type that’s a little less “mandated” as those must-haves, but one that can be just as important.

So how much coverage do you need?  What kind of policy fits your circumstances best?  Do you even need any life insurance coverage at all?  Read on for simple answers to those questions and more. [Read more…]