Many people opt for "full coverage" when purchasing car insurance to cover their vehicles. As the name suggests, this basically fully covers the car. If you get into an accident that is your fault, your insurer will still cover it. If you get in an accident and cause harm to someone else's vehicle, it will cover it as well.
Even though this is the best option for many, it's not necessarily your only option.
- If you are like many homeowners, you feel that homeowner's insurance is something you need, but something that you hate paying for. This is especially true if you feel that you are paying too much for the coverage you have. The good news is, there are some ways that you may be able to cut some of your insurance costs and keep more of your hard earned money in your pocket.
- If you have a classic car that you have restored, you probably wash, wax and buff the imperfections out of the paint often. Your care for that car like you would care for your own child, and you never thought it would get in an accident. The car can get hit moving it or taking it out on the weekend. If it is a more rare of a car, you may even be at risk of having it stolen.
- The Better Care Reconciliation Act (BCRA), released by the Senate GOP in mid-July, proposes to permit small-group health plans to be sold in all states so long as they meet certain criteria. This has the potential to significantly change the landscape of small business insurance plans by allowing such plans to function with essentially the same costs and benefits as plans available to larger employers. Read on to learn more about this provision and how it may have a permanent (and perhaps positive) impact on your small business's insurance offerings.
- When looking for auto insurance there are many factors to consider before choosing a policy. Many people believe that the price is the most important. Although it is important not to overpay on your policy, you shouldn't sacrifice a good policy for the sake of cost. Know that if you pay too little for insurance, you are likely to be burned on coverage and regret it if you need to access the policy at some point.