June 11, 2013
AgencyHorrible Pieces of Insurance Advice
When you have an insurance claim, the last thing you want to discover is that you didn’t buy the right coverage. While it’s easy to point the finger at agents, coverage gaps could be a two-way street. Sometimes friends and family members offer bad advice, including tenuous, illogical and even illegal strategies, hoping to save […]
June 4, 2013
AgencyAmericans with Life Insurance Report More Fulfilling Lives
Owners of life insurance report more fulfillment and optimism in their lives compared to those without coverage, according to findings from the Keep Good Going Report, sponsored by New York Life. The survey, conducted by Greenwald & Associates, explored the attitudes and expectations of more than 2,000 Americans regarding how they can cultivate goodness in their […]
May 28, 2013
AgencyObamacare Is Driving Some Doctors To Stop Taking Insurance Altogether
A Portland, Maine family doctor is the latest poster child for private practitioners who are turning their backs on insurers altogether. In April, Dr. Michael Ciampi stopped accepting all forms of insurance, including Medicare and Medicaid, and started charging for his services a la carte. “We’re asking people to pay at the time of service […]
May 21, 2013
AgencyHealth Insurance Evolution Becomes Revolution
President Barack Obama’s historic Affordable Care Act is bringing sweeping changes to your health care. Insurers can no longer deny you coverage due to pre-existing conditions. Preventive care and wellness screenings are now available at no additional cost. Lifetime dollar limits on health plans are a thing of the past. And beginning in 2014, new […]
May 13, 2013
AgencyHow Am I Driving? Insurers May Know
After more than a decade of experimentation, auto insurer Progressive Corp. is on the verge of a nationwide unveiling of a new type of insurance that charges customers based, in part, on real-time information about how well they drive. With a small device that plugs into a car’s onboard diagnostic computer, Progressive can measure when […]
May 6, 2013
AgencyCar breakdown insurance vs. extended warranty
Large car repair bills are something no one wants, which is why policies that offer peace of mind in the form of a set copayment or percentage for car repairs are so appealing. Chances are you’ve been offered one of these protection plans — mechanical breakdown insurance or an extended warranty — when you purchased […]
April 19, 2013
AgencyFamily Communication is Key to Kids’ Financial Future
It’s a problem most people would love to have, but it’s a problem nonetheless: You and your spouse have amassed a degree of wealth that you hope to pass on to your children, but you’re hesitant even to broach the subject of money with them out of fear they could become spoiled by the very […]
April 8, 2013
AgencyHome Insurance Premiums Too High? 5 Ways to Save
Homeowner’s insurance is a necessary expense when you own your own home and can certainly be a lifesaver in the event of a disastrous tragedy, but that doesn’t make the premiums any easier on your pocketbook. In today’s economy, saving money any way that you can has become a daily endeavor in the lives of Americans and […]
March 25, 2013
AgencyObamacare’ biggest challenge may be coming this fall
The Affordable Care Act, also known as Obamacare, celebrated its third anniversary on Saturday, but the controversial law’s biggest challenge is still on the horizon. In the past three years, the ACA has survived a disastrous midterm election for the Democrats and a nail-biting Supreme Court decision last June, which also changed some key components of the […]
March 18, 2013
AgencyCar Insurance Myths
Understanding all the legal mumbo-jumbo of an insurance policy is hard enough. So auto policy holders should know what’s fact and what’s fiction about what insurers look for when determining premium rates. Here are 10 auto insurance myths debunked. 1. The color of my car matters. Red cars may be a hot ticket item, but they do not drive […]