June 13, 2014
AgencyTraffic Tickets That Trigger The Highest Car Insurance Rates
It’s a simple and reasonably fair concept – all else being equal, safer and more careful drivers pay less for their car insurance than do those having multiple accidents and/or moving violations. How much? Depending on the infraction one’s rates can jump by as much as a whopping 93 percent for a single ticket, according […]
June 6, 2014
AgencyShould You Buy Inflation Protection For Long-Term Care Insurance?
Should you buy inflation protection for long-term care insurance? Absolutely. In fact, if you don’t think you can afford that extra coverage, you should probably rethink whether you should buy the insurance at all. The issue of inflation protection was just one of the subjects that I, along with financial adviser Michael Kitces and insurance […]
May 30, 2014
Agency7 Myths About Life Insurance
Life insurance is kind of like the Rodney Dangerfield of financial planning. As one of most people’s least favorite financial topics, it gets no respect. Yet, it’s something that almost everyone needs and not having it when you need it can be devastating to your family’s well being. Here are some of the most common and […]
May 23, 2014
AgencyWho really dinged your spouse’s car
If your husband or wife drives up with a brand new dent on the car, you might not get the truth about what happened. Some 35% of spouses admitted to dinging the family car, then telling their loved one that someone else did it, according to a new survey by the insurance website insure.com. Something […]
May 16, 2014
AgencyHigh Economic Toll of Traffic Crashes
A report just released by the National Highway Transportation Safety Administration (NHTSA) puts a $277 billion price tag on the economic costs of traffic crashes in the United States in 2010, a 20 percent increase over its 2000 data. The economic costs are equivalent to approximately $897 for every person living in the U.S. and 1.9 percent […]
May 9, 2014
AgencyPoor Service, Not Price Drives Auto Insurance Customers to Shop
Big savings are not all they seem, at least when it comes to buying auto insurance. The just-released J.D. Power 2014 U.S. Insurance Shopping Study finds that poor service is a leading reason why customers shop for and switch to a new auto insurer, rather than price. Declining satisfaction with new price is also the primary reason […]
May 2, 2014
AgencyImpact of ACA Like Hurricane, Says WCRI Exec Victor
Dr. Richard Victor, executive director of the Workers Compensation Research Institute (WCRI), likens the impact of health care reform to a hurricane. Like a storm whose path is not quite defined, health care reform could take a significant toll – but we don’t know precisely where. Since workers comp differs from state to state, the impact […]
April 25, 2014
AgencyProperty Claims Satisfaction Improves For Second Year
Overall satisfaction among homeowners insurance customers who filed a property claim has improved for the second consecutive year. According to the J.D. Power 2014 Property Claims Satisfaction Study, satisfaction among homeowners insurance customers who filed a property claim between April 2012 and January 2014 averages 840 (on a 1,000-point scale) – up from 836 in the […]
April 18, 2014
AgencyWhen Life Insurance May Cost More
You probably need life insurance. Lots of people do. If you have small children, a mortgage, a spouse who’s dependent on your income—or any person who would be inconvenienced financially if you were hit by a bus tomorrow, you probably should have life insurance. Experts generally recommend buying 10 to 20 times your annual income […]
April 11, 2014
AgencyGet married, save on car insurance
Did you know that taking 15 minutes to get married could save you at least 15% on your car insurance? According to a report, a 20-year old married woman pays an average of 22% less for car insurance than her single counterpart. And a married 20-year-old man pays 20% less than his single friend of […]