Is Your Credit Score Costing You Money?

Many people scour the market for affordable insurance policies.  After all, paying the cheapest premium can save hundreds of dollars every year.  However, many people fail to realize their credit plays a significant role in securing a more affordable premium.

Insurers believe individuals with better credit will have less frequent and less expensive losses over time.  Because of this, better credit leads to lower premiums and more affordable policies.  Whether you’re purchasing insurance for the first time or investigating ways to reduce your current costs, it’s best to know what matters to insurers.  Follow these tips to improve your credit and lock in that affordable rate. Continue reading Is Your Credit Score Costing You Money?

Preparing Your Teen for the 100 Deadly Days of Summer

Distracted Teen DrivingThe months between Memorial Day and Labor Day, nicknamed the 100 Deadly Days of Summer, pose the greatest risk to new drivers.  Instead of sitting in school all day, new drivers are on the road in full force.  A
study conducted by AAA suggests this increase in frequency directly leads to a drastic increase in accidents involving teens.   Continue reading Preparing Your Teen for the 100 Deadly Days of Summer

5 Need to Know Rental Agreement Tips

Rental agreementMoving from one rental to the next can be a monumental task.  The most important aspect of any move is making sure it’s the right move. Of all the needs people seek to fulfill, the most important is safety and security in their living space.

So you’ve found a spot you like, and you’re ready to pull the trigger.  Are you prepared to sign the lease?  Follow these 5 tips to secure your rental and your peace of mind.

Continue reading 5 Need to Know Rental Agreement Tips

Should You Add On Identity Theft Restoration Coverage?

Idenity theft
Protect yourself from identity theft

The statistics on identity theft are, quite frankly, staggering. Identity theft happens every two seconds, creating an estimated $80 million dollars worth of annual damages. Any time someone’s personal information is used to access money is considered identity theft – even if the the personal information accessed isn’t used for financial gain. Continue reading Should You Add On Identity Theft Restoration Coverage?

The 6 Things To Know About Landlord Insurance

Landlord InsuranceIn most cases, obtaining landlord insurance is a great way to protect yourself against the risks associated with tenants living in your home or apartment. Renting out a property you own can be lucrative – an excellent source of recurring cash inflow. However, landlords have their liabilities.

While homeowners insurance typically covers a home you own and live in, it will not protect you if you’re renting out your property for the long term. Continue reading The 6 Things To Know About Landlord Insurance

5 Ways To Tell If You Should Drop Your Collision Coverage

collision insuranceOwning collision insurance means that if you are in an accident, your insurance provider will reimburse you for any damage to your vehicle if the collision is deemed to be your fault.

It may seem reasonable that everyone should have collision coverage, considering there are an average of six million car accidents in the United States each year. However, the benefits of collision insurance may not outweigh the cost you’d have to pay. It all depends on your particular situation.

Contemplate these five considerations to help you determine if collision insurance is right for you: Continue reading 5 Ways To Tell If You Should Drop Your Collision Coverage

DUI Insurance: A Big Expense?

DUI insuranceThe prevalence of drinking and driving advertisements and the concerted effort to raise its awareness are no coincidence. As recently as 2013, 31% of motor vehicle deaths were caused because a driver was intoxicated, according to the Centers for Disease Control and Prevention. In that year, over 10,000 Americans lost their lives due to drinking and driving – a horrific and growing problem.

You need no other reason to call for a ride than the danger of killing another human being (or yourself). However, if you are caught drinking and driving and are rightfully given a DUI, you will face a score of consequences.

Fines, a suspended license, community service, possible jail time, and mandatory alcohol and drug education classes are all repercussions for first-time offenders. If you are convicted of more than one DUI, the penalties become even more steep.

While these consequences of drinking and driving are more commonly known, DUI offenders will also feel the pain from the automotive insurance industry.

Rising Costs And Issues With Auto Insurance

If ever you receive a DUI, automotive insurance companies immediately flag you as a high-risk driver. And of course, higher risk for them means higher premiums for you. Even more, some insurance companies simply refuse to insure those with DUIs on their record.

Depending on the state, A DUI stays on your record for three to seven years, meaning you would have difficulty finding insurance providers and pay steep premiums to get coverage.

Speaking of which, before you are even permitted to drive again, you are required to obtain a certificate of insurance (also known as an SR-22), which provides proof that you are insured with at least your state’s minimum liability limits.

Are You Covered?

Not only will you pay the price of higher auto insurance premiums in the future, but if you drink and drive and get into an accident, your insurance company may not cover any of the damage.

Other auto insurers cover only the damages of the victims of drunk driving if you are assessed a DUI. You would have to pay out of pocket to repair damages to your own vehicle, which is an average of $3,144 per collision claim.

With such a devastating problem, our society is taking a firm stand against the dangerous decision that too many of us make. Whether it’s the legal system, insurance industry, or even employers who require clean records, America is doing everything it can curb drunk driving.

The ramifications are clear: Drinking and driving is a serious offense, and those who get a DUI will face an abundance of severe and costly penalties.

Need helping obtaining auto insurance?

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Hunting Liability Insurance: Do You Need It?

hunting insurance Fall marks the beginning of football and, of course, hunting season! The feeling of being out in your deer stand amongst the peace and quiet of nature is only rivaled by the thrill of spotting a monster buck. With your adrenaline pumping and focus setting in, the last thing on your mind is whether or not your insurance would cover you in case this whole thing goes south and you injury yourself or someone else. The question is, do you know the liability involved for both the hunter and the landowner of the property you may be hunting on? Continue reading Hunting Liability Insurance: Do You Need It?

The Key difference Between Collision vs. Comprehensive Coverage

The key difference in collision vs. comprehensive coverage is to a certain extent the element of the car driver’s control.

Collision insurance will typically cover events within a motorist’s control, or when another vehicle collides with your car. Comprehensive coverage generally falls under “acts of God or nature”, that are typically out of your control when driving such as a spooked deer.

Continue reading The Key difference Between Collision vs. Comprehensive Coverage