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.
Health Insurance for the Self-Employed
Health Insurance for the Self-employed By Jeff Rose, CFP Finding quality health insurance at an affordable price is a difficult task for everyone. For those who are self-employed, it can be almost impossible. Many individuals turn down the opportunity to start a small business or become an independent professional due to the prohibitive costs of [...]
Pools and Hot Tubs: What Homeowners Insurance Do You Need?
Pools and Hot Tubs: What Kind of Homeowners Insurance Do You Need? Linda Rey Have you ever heard the term “attractive nuisance”? It sounds like an oxymoron, and it is definitely one of those insurance terms that seems to not make a lot of sense, but it covers a very serious issue. The attractive nuisance [...]
Eight Auto Insurance Discounts You May Be Missing
Eight Auto Insurance Discounts You May Be Missing Linda Rey You are probably looking for ways to cut a few dollars from your monthly budget, and the word of the day is discounts. If you enroll and qualify, you may find that you are able to save money through discounts on your auto insurance. Below [...]
Switching Insurance Plans Can Cost You More In The End
Switching Insurance Plans Can Cost You More In The End By Linda Rey Everyone makes mistakes. This may be a cliché, but it’s true. There is no discrimination as to who screws up every once in a while. The good thing about mistakes, however, is that they can lead to valuable lessons learned. Recently, we [...]
How the Insurance Marketplace Can Affect Your Insurance Premiums
How the Insurance Marketplace Can Affect Your Insurance Premiums By Linda Rey I’ve been in the insurance industry since 1985 in some form or fashion. When I look back on my career, I’m always amazed at how diverse this industry can be. In the insurance industry, as in any other career field, I have to [...]
Why You Might Need Life Insurance at Retirement
Traditionally, conventional wisdom was that life insurance was generally not needed once you retired. This may or may not still hold true and will vary based upon your personal situation. Here are a few thoughts. As you near retirement, life insurance can be… An excellent estate-planning tool. If you have a large estate, life insurance [...]
Lack of Business Insurance Can Bring You Financial Ruin
Lack of Business Insurance Can Bring You Financial Ruin Loretta Worters, Insurance Insurance Institute If small business owners learned anything from the recent storms and tornadoes that tore through the southern and midwestern United States last month, it is that the fate of their businesses can change in the blink of an eye. That lesson, [...]
Save Money in 2011 on Your Premiums
Save Money in 2011 on Your Premiums Linda Rey We’re almost halfway through 2011. How are those resolutions from January doing? Lucky for all of us, we don’t need a new year or a resolution to want to save money, especially on insurance. Save Money with Your Deductibles Before you start eliminating or lowering coverage [...]
Homeowner’s Insurance Costs: It’s Not How Much Your House Is Worth but How Much It Costs to Rebuild
Homeowner’s Insurance Costs: It’s Not How Much Your House Is Worth but How Much It Costs to Rebuild Loretta Worters, Insurance Information Institute What is your house worth today? Real estate website Zillow indicates through its Home Value Index that home prices nationwide are down this spring by 8.2 percent. S&P/Case-Shiller Home Price Indices also [...]
Divorce and Insurance: Who Gets What Affects Your Coverage
Divorce and Insurance: Who Gets What Affects Your Coverage Loretta Worters, Insurance Information Institute Whether you’re Eva Longoria and NBA star Tony Parker, Elizabeth Hurley and Arun Nayar, or Jane and John Doe, the transition through separation and divorce is not only emotionally difficult but also fiscally difficult, and insurance is part of that equation. [...]