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.
Choosing the Right High-Deductible Health Insurance Plan
Choosing the Right High-Deductible Health Insurance Plan Whether you agree with it or not, the government has got involved with the insurance industry. If you’re wondering who will pay for your insurance, how to get coverage, or what will happen to your premium, you’re not alone. High-deductible health plans (HDHPs) are supposed to help minimize [...]
Do You Need Rental Car Insurance?
Do You Need Rental Car Insurance? There are some questions I just know my company’s going to get every week. Sometimes I feel like we should have a dedicated phone line to answer them. One of the most common questions I get is “Does my auto insurance policy cover a rental car?” My answer: It [...]
Insuring Teenage Drivers and Earning Teen Driver Discounts
Insuring Teenage Drivers and Earning Teen Driver Discounts Recently I saw an episode of “Two and a Half Men” where the teenager, Jake, was learning how to drive. As Jake prepared to turn into traffic, Uncle Charlie sat in the backseat and performed the sign of the cross—an apropos gesture, indeed. After all the soccer [...]
Insuring iPods, Cell Phones, Stereos, and Other Car Electronics
Insuring iPods, Cell Phones, Stereos, and Other Car Electronics We’re bombarded with information everywhere we go. Whether it’s a GPS, a BlackBerry, an iPod, an iPad, or a netbook, we expect our mobile devices to send information and receive it instantaneously. Mobile technology is just that—mobile. You probably bring your gadgets everywhere you go, including [...]
Steps You Should Take If You Get Into a Car Accident
Steps You Should Take If You Get Into a Car Accident Sometimes I take for granted the insurance knowledge I’ve acquired over the years. In the case of car accidents, some procedures have changed with new technology, but there are certain things everyone must do. Learn these steps now, so when a car accident happens [...]
Auto Insurance Options: Collision Coverage Vs. Comprehensive Coverage
Auto Insurance Options: Collision Coverage Vs. Comprehensive Coverage If a tree falls on a BMW in the woods and no one is around, will it be covered by insurance? Buying insurance can be a pain, but it’s probably less of a hassle than dealing with the consequences of having an accident if you don’t have [...]
Insuring a Home Office
Insuring a Home Office Over my twenty-five years in the insurance business, I’ve not only become an expert in the ins and outs of insurance coverage, but I’ve also learned a thing or two about being a business owner. As an independent insurance office, Rey Insurance has a lot of the same needs and concerns [...]
Insuring a Vacant Home
Insuring a Vacant Home Knock, knock. Who’s there? No one — and that can spell trouble for you and your insurance coverage if something goes wrong when you’re not there. If your home is left vacant for an extended period of time—thirty days or longer—you can protect yourself with insurance in case something goes wrong [...]
Insurance Agents vs. Insurance Websites: Where Will You Get the Better Buy?
We’re all looking for ways to save money and cut costs. It’s just that kind of economy. My brother-in-law, a general contractor, always says, “You buy price, you buy twice.” In other words, if you buy the cheapest thing, you’ll either have to replace it sooner than if you bought the higher-quality item or have [...]
Umbrella Insurance: The FAQs
Umbrella Insurance: The FAQs An umbrella isn’t just for rain. We live in an extremely litigious society. Every day, judgments are won, settlements are awarded, and new precedents are set. My company was working with an affluent client who had relocated from a European country and was purchasing an expensive home in Westchester County, New [...]