A life insurance policy is only as good as the financial strength of the life insurance company that issues it. Investopedia / Theresa Chiechi Types of Life Insurance Many different types of life insurance are available to meet all sorts of consumer needs and preferences. Depending on the short...
Look for discounts:Most car insurance companies offer a variety ofdiscounts, including good student discounts and multi-policy discounts. Many also offer usage-basedtelematics programsthat monitor your driving in real time and award discounts for safe practices behind the wheel. ...
Share Article Written by Rebecca Edwards Rebecca is the lead safety reporter and in-house expert for SafeWise.com. She has been a journalist and blogger for over 25 years, with a focus on home and community safety for the past decade. Rebecca spends dozens of hours every month poring over...
A.M. Best, another major rating agency, focuses on the insurance industry. Credit ratings are issued in the form of letter grades, such asAAAor CCC so that investors can quickly gauge the level of risk in adebt instrument. The ratings differ among the three major agencies, so it is impo...
“A fixed-rate mortgage, however, is similar to buying insurance against a worst-case scenario—not all that unlike health or car insurance.” ARMs are also not the best choice for those who prefer the certainty of a reliable payment or for buyers whose finances fluctuate and therefore need ...
This is particularly true for those who have a tendency to get in over their heads with credit card usage. “In some cases, having a higher credit limit could do more harm than good—if an increased credit limit tempts you to overspend, for example,” says Breyfogle. You could ...
Maintaining good health is a fundamental part of being alive. Unfortunately, it’s also an expensive part of humanity. Of course, healthcare should always be a financial priority. But there are some procedures we’re unable to anticipate despite how well we take care of ourselves. ...
Distracted driving can also significantly impact your car insurance rates. Your provider will likely consider you a riskier driver if you have a citation. It’s good to understand the high toll of distracted driving and how to stay safe on the road.Distracted...
t change the cost much, so you may as well get the good one. It would be nice if the companies that offer these products had a consistent set of coverages for all vehicles, but it just doesn’t work that way. The best analogy we can think of is the question, “How much will a...
What Is a Good Credit Risk Rating? Each credit rating agency has its ownscale for rating creditworthiness. Fitch and S&P Global rate corporate debt on a scale of "D" to "AAA", while Moody's uses a scale from "C" to "Aaa." A rating of "BBB" or higher (or "Baa3" for Moody's...