More than 18 million Americans are heading back to campus as more than 4000 colleges and universities start classes.
Many families spend a lot of time preparing for the college year by shopping for dorm room, furniture and setting up monthly budget but many people don’t think about health or home owner insurance for college kids.
A leading insurance group says now it’s the time to start talking how your insurance will cover a child who is away in college.
A family health insurance policy generally covers college age students who enrolled full-time and some policy limit coverage for kids who are geographically far from home.
So, call your corporate HR department to make sure your student is cover when they are on campus.
Homeowner policy generally covers a student for things in their dorm room but if your student lives off campus most insurance policies do not extend to their apartments.
If that is the case, they are likely to have renter insurance to be protected in thief or liability.
If you’re contemplating by dropping your insurance policy to cut costs through these tough times, you might want to think twice. According to some experts, dumping your insurance policy could cost you more money in the long run.
In this article we will be talking about how to save money without giving up protection altogether.
People are looking around for insurance policy right now and the insurance companies know this. They know consumers are thinking that they are paying money into these policies and if we’re lucky we don’t see anything in return because nothing bad had happened.
So you can go out there or go online to places like www.insurer.com, www.netquote.com are some of the websites that can really help you shop around. One thing to be cautioned about is that the bottom line and the cheapest policy aren’t always the best. …read more
Auto insurance premium is up 10% from last year (2009) and one way to save on auto insurance premium is to shop around for auto insurance.
According to Consumer Reports Magazine, found that only 14% of the people surveyed shop around and found cheaper auto insurance.
One reason for that is, if you have been with the same insurance company for a long time. You may be given discounts for what they call long jeopardy. However it is still worth shopping around. There are many other methods to get cheap auto insurance policy.
The first thing people should do is to do annual check on your insurance. When you get your auto insurance bills, usually a few weeks before you have to pay them. Take that time to look around to see if you can get a better deal. There are a number of ways to do; one is to look at your state department website. In most states they have a list of the insurance companies that do business in your state and often they have comparison rates as well as premium information. This could give you an idea of which insurance provider is cheaper than the other. …read more
If you’re looking to save money, a great place to start is with your biggest expenses first. For millions of Americans that mean taking a little closer look at your car and how much you’re paying to insure that car.
Here is five simple steps to lower your auto insurance bill
Watching earthquakes, hurricanes, floods and wild fires on TV and if you got a home you got to worry sometimes if you have the right home owner insurance and enough of it just in case for an emergency. It is a lot to figure out but we are here to walk through it.
Many home owners feel safe because they have home insurance but can this be a false sense of security if you don’t really know your policy?
Currently 64% of US homes are under value of the amount of home owner insurance they need and the average homeowner only has about 81% coverage. Meaning if their home was destroyed, they would only get coverage about 81% of the cost of rebuilding it.
How much home insurance should the average person should have?…read more
Follow these 10 tips before you sign on the dotted line
Step one, check your credit reports for any errors because auto insurance companies use your credit to determine your rate. Request a copy of your credit report by locking on to annualcreditreport.com or call 1-877-322-8228, you’re entitled to have one free copy per year.
Step two, find out the minimum car insurance that is required by law under your State Department of Insurance website. Only New Hampshire and Wisconsin don’t require car insurance but says they do require people to pay for their accidents, most people carry insurance anyway.
Step three, consider buying more liability insurance than the state requirements. Some consumer groups recommend a minimum of $100,000 of injuries per person, $300,000 per accident, and $100,000 in property damage reliability. Most American car insurance does not cover you if you drive outside of the US, some policy are valid in Canada and Mexico but check if your coverage meet those requirements.
Step four, collision coverage pays for the repair or replacement of your vehicle. If your car is more than five years old or less than $4000, it may not be worth getting collision coverage.
Step five, comprehensive coverage covers if someone steal your vehicle or your vehicle was damaged by a storm, fire, hail or vandalism but if your car is more than 12 years old, unless it is of valuable vintage car. The cost may outweigh the benefits.
Step six, considered other add-ons such as medical, emergency roadside assistance and glass breakage.
Consider buying uninsured/under-insured motorist protection, even if your state does not require this. This provision protects you from someone with no insurance causes a collision with you. …read more
Car crash is that terrible thing you will never forget. The aftermath and in some cases the serious injuries and that is before the expensive expenses. Such as the hospital bills, your auto insurance ratings and now one city wants to make you pay for the cleanup after a car crash.
That is a new proposal in San Diego.
The idea is that the person at fault has to pay and to figure out the person at fault will be determined by the Auto Insurance Recovery as well as the auto insurance companies are the one who will determine the person at fault.
Uninsured drivers will get penalized because technically all drivers need auto insurance but there are some who don’t have. The uninsured motorists in California may have their vehicle impounded by any law agencies.
The auto insurance companies are against this claiming it is double taxation’s because home owners are already paying property taxes to cover these cleanup services.
The auto insurance industry is out with its ranking for the safest car on the roads in 2010. The list has been a lot shorter than the past years, but it is full of good news for Detroit auto makers. …read more
The US insurance industry has released its list of the safest new cars for 2007, which include a shocking headline; no American cars are on the list.
It’s no accident cars are getting safer, increasingly new vehicles are being equipped with side airbags to protect the driver and passengers from head injuries. Electronic stability control help reduce skid and rollovers but insurance industry crash tests reveal that some cars are safer than others.
Rating just out, named 13 vehicles as top safety pick for 2007. …read more
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