What should you look for in an auto insurance company?Simon Goodman
Although drivers are required in most states to carry auto insurance, auto insurance companies are not required to cover you as a driver.1Accurately estimating the risk inunderwritinga new policy is crucial for an insurer, as it can make or break the company's profitability. If the company pr...
How much insurance is enough? What are the top companies in your state? What is gap insurance and do you need it? Everything you need to know.
Uninsured/underinsured motorist: This coverage is required in about half of all states, although some of them only require the bodily injury form of this insurance (not property damage). Typical required coverage amounts are $25,000 bodily injury per person and $50,000 bodily injury per acciden...
Surplus lines insurance companies are more loosely regulated than standard lines insurance companies, meaning they’ve got more flexibility in the types of insurance they can sell. Direct sellers are some of the most recognizable names in the insurance business, such as State Farm, Allstate, and ...
Life insurance helps protect spouses, children, family members and others that depend on your income. It can also be part of an inheritance or philanthropic gift. "Most people don't expect to die unexpectedly. And it's usually an inexpensive way to make sure your loved ones are taken ...
Here are some things to know about how to navigate the world of insurance. Are insurers lining their pockets while we pay more? You might wonder whether insurers are reaping huge profits while their rates climb higher. In fact, Massachusetts auto insurers did well during the pandemic, earn...
Some auto insurance companies will reduce your deductible by a certain amount — typically $100 — for each year you go without an accident or ticket. Details vary by company, but disappearing deductibles generally cost extra and may not end up being worth it if you aren't ever in an ...
Some auto and homeowners insurance companies may enable you to increase your liability limits to $1 million, which may eliminate the need for an umbrella insurance policy. However, keep in mind that increasing your liability limits on your auto and home policy doesn’t change the liability limits...
These are the basic coverage types included in a full coverage auto policy. It’s important to keep in mind, though, that “full coverage” is not an industry-standard term. This means that the definition of full coverage may vary. Eachcar insurance company— and even different agencies —...