Contact the insurance company directly by phone or email to request a cancellation. If applicable, provide them with proof of payment for the new auto policy. Before you cancel, you should also find out if you can get a refund for unused premiums. Depending on when you cancel your policy,...
Remember though, if you lie and get caught out, you’ll be deemed in breach of your insurance and see your claim rejected, as well as risking a £300 fine and six penalty points on your licence. Do consider voluntarily restricting your annual mileage to get lower premiums. But make ...
“Where you live and the natural disasters afflicting that area are a big factor," says Lynne McChristian, communications consultant at the Insurance Information Institute. Other factors that can affect your homeowners insurance premiums include: Geographic location. Homeowners insurance is likely to ...
There are several factors that help you qualify for a no or low down payment insurance policy. Your insurance premiums are typically decided based on your driver risk. There are preferred-risk drivers, standard-risk drivers, and high-risk drivers. Depending on what your driver risk is, the in...
Life insurance is a legally binding contract that promises a death benefit to the policy owner when the insured person dies. The policyholder must pay a single premium upfront or pay regular premiums over time for the life insurance policy to remain in force. ...
What unanswered questions do you have about buying a health insurance policy? Take a moment to make a list of all your questions and start finding answers for them. The more familiar you get with buying health insurance, the more confident you will be about overcoming this obstacle to working...
Can you get life insurance if you have an autoimmune disease? When your immune system reacts to help your body fight infection or injury, the body can become inflamed in the affected area. For most of us, this is a good thing because it indicates that we’re healing. ...
You may be focused on the summer, but do future you a favor and set up a sinking fund to help ease the end-of-the-year financial stress. Sinking funds are money you save each month for specific goals. Examples can include big expenses you anticipate, such as annual insurance premiums an...
Whole life insurance lasts for an insured's lifetime, as opposed to term life insurance, which is for a specific amount of years. Most whole life policies feature level premiums, meaning the amount you pay every month won’t change.
A higher deductible is likely to result in a lower premium, but be careful that you don’t choose a deductible that would be difficult for you to pay in the event of a claim. 6. Improve your credit Insurers often use a credit-based insurance score to help price premiums, except i...