The exact increase will depend on their age and driving history. How to save on your auto insurance premium So your rate went up and you’re looking for ways to trim your costs. How do you do it? There are a few strategies you can explore. Shop around for a new policy: If you...
they carry with them serious financial risk. Breaking strict account rules comes with the threat of disciplinary action or a substantial fine and even doing everything by the letter has a cost - in the form of significant Professional Indemnity ins...
According to Dale Porfilio, the chief insurance officer at the Insurance Information Institute, the trade group, many companies still need to raise prices to make up for those bad years. Last year, insurers raised auto premiums by 14 percent, the biggest increase in over 15 years. Mr. Porfi...
Remember, liability insurance doesn’t protect you;it protects your net worth. It creates a “buffer zone” between the victim’s entitled compensation and all of your stuff. That’s why when you buy a home, you should increase your auto insurance liability limits. 50/100/50 is a much wi...
Auto insurance premiums are determined by factors you can control — such as where you live, the type of car you drive and how much coverage you buy — and those you can’t, such as your age or inflation. Poor credit can significantly raise your rates in many states, as can accidents ...
In some cases, it is merely that a person has aged into another statistical category that their premiums increase. Regardless of the reasons why your premiums have increased, shopping around for auto insurance policies can help you save money. Get free quotes at Cheap Auto Insurance today. ...
There’s a high chance your car insurance has gone up recently. If not, the bad news is it might increase at your next renewal. But there’s good news, too. You don’t have to simply accept an auto insurance increase! Take money expert Clark Howard’s advice to save. He says: ...
Suppose an insurance policy didn't have a deductible. The cost of every minor claim, regardless of the amount, would be the insurer's responsibility. This would create an overwhelming number of claims and increase the financial costs of the policy. It could also make it difficult for the ins...
To protect the assets in your estate and ensure that your wishes are followed when you die, be sure you make a will and—depending on your needs—possibly set up one or moretrusts. You also should look into insurance and find ways to reduce your premiums, if possible:auto,home,life,disa...
Financial leverage is the strategic endeavor of borrowing money to invest in assets. The goal is to have the return on those assets exceed the cost of borrowing the funds. The goal of financial leverage is to increase profitability without using additional personal capital. ...