Having the right kinds of insurance — including good medical, disability, automobile, homeowner, long-term care, life, and even travel insurance — is key to good financial planning. This page about insurance gives you the lowdown on how to successfully navigate the often perplexing world of insurance coverage.
A New Way to Buy Health Insurance
In a shopping center in South Jersey ringed by retail stores like Best Buy and Barnes & Noble, shoppers can buy a totally different kind of product—health insurance. Insurance companies and brokers across the country are stepping out of offices and business parks and into brick-and-mortar retail stores, setting up inside shopping malls and retail [...]
Long-Term Care Insurance—Is It Worth The Cost?
The question of how to pay for medical expenses as we age isn’t one many of us want to answer. It’s hard enough to think about not being able to get dressed, take care of ourselves, or move around our homes without wondering how much it will cost to get help. However, those planning for [...]
Hurricane Sandy Insurance Claims Tips
As Hurricane Sandy, one of the largest storms on record, punishes the East Coast with rain, winds and rising waters, homeowners need to know what to do to protect their homes. Just one inch of flood water in a 2,000-square-foot home can cause almost $21,000 in damage, according to the National Flood Insurance Program. Flooding [...]
Eight Ways to Save Money On Auto Insurance
Auto insurance is one of those expenses that goes up every year - unless you shop around for a deal or take advantage of bundling services. When you first took out your auto insurance policy, you probably evaluated your needs, shopped around for the best rate and checked for discounts. But have you done any [...]
What Insurance Does Your College Student Need?
As you send your child off to college, you’ll want to make sure that he or she is properly protected with the right kind of insurance. While there are definitely some types of insurance college students don’t need, here are three types of insurance to consider getting for them: 1. Auto insurance State laws require [...]
A Collection of the Weirdest Insurance Policies
Most Americans insure their homes, cars, health, jewelry, and even their phones. Only a select few have their legs insured or are covered in case the star quarterback on their fantasy football roster tears his ACL in the first game of the season. These strange insurance policies exist, usually backed by specialist insurance company Lloyd’s [...]
Solo Health Insurance Plans: What You Need to Know
Going solo on health insurance can be intimidating, but it doesn’t have to be if you break it down. Unlike employer-sponsored plans that have to accept everyone at the same price, private plans in most states base their prices on several factors such as the applicant’s age, weight, smoking status and medical history. This makes [...]
Understanding Obamacare
The Patient Protection and Affordable Care Act, otherwise known as its more politically charged name, Obamacare, has been in effect since 2010. But the cornerstone portion of the legislation, the individual mandate, was on shaky ground until the Supreme Court upheld its constitutionality this summer. So what does the Affordable Care Act (ACA) mean for you, [...]
Four Reasons to Have Life Insurance Now
No one wants to talk about death, but unfortunately far too many people put off discussing life insurance until it is too late. When you have others relying on you and your income, your death can spell disaster for them. The bottom line is that it is imperative to have a good life insurance policy in place [...]
Does Homeowner’s Insurance Cover Land?
Homeowner's insurance generally does not cover damage to land, landscaping or concrete, but getting land coverage is often not necessary. Q: I recently changed insurance agents. My last one was more elusive than Big Foot. The new one is telling me I am over-insured because my land or lot is also insured and doesn't need [...]