What Is Workers’ Compensation, and How Do I Apply for It?

Worker's compensation is an insurance policy that provides medical care and benefits to any employee who experiences an injury or illness as a direct result of their employment. It pays an employee's medical expenditures and a percentage of their wages, among other things. Its "no-fault" aspect is a mutual agreement between employee and employer in which the company agrees to pay, and the employee usually cannot sue for damages. How Does Workers' Compensation Work? Workers are Read More

Picking the Right Health Insurance: A Guide

It's no secret that navigating the complexities of health insurance, particularly in the United States, can be challenging. To comply as an employer providing health insurance, you must follow a complex set of laws and regulations. Similarly, if you're looking for health insurance for yourself or as an employee, there are several key factors to consider. You're not alone if you're feeling a little overwhelmed by the process. However, following a few basic steps may help you make a more Read More

How Do Insurance Deductibles Actually Work?

If you've ever bought insurance or filed a claim, you've certainly heard the term "deductible," but you might not know what it means or how it works. A deductible is an amount you need to pay out of pocket before your insurance coverage is triggered and starts paying for the peril. The type of deductible you choose depends on the coverage you have. Auto insurance deductibles are often grouped into two types: collision and comprehensive. A collision deductible is a set dollar amount that you Read More

Insurance for House Flip Project: When Do You Need It?

If you don't want to deal with the inconvenience of owning a house and renting it out, buying a fixer-upper and reselling it for a profit is the next best thing. While the process appears to be straightforward, one critical aspect should never be overlooked: the requirement for home insurance You may believe you don't need insurance because no one lives in your investment property. That, however, is not the case. Believe it or not,  several things that may go wrong during renovation Read More

What You Need to Understand About Temporary Life Insurance

Temporary life insurance is short-term insurance. It applies to both term life and whole life insurance policies. It protects the policy's beneficiary for the time frame during which the underwriting process is in progress. In the event of the policyholder's death, the insurance company will pay out the death benefit to the beneficiaries attached to the policy. The amount paid as a death benefit is equivalent to the insurance coverage. Here’s a detailed analysis of temporary insurance Read More

What Happens When You Go Through a Bank for Car Insurance?

You can get auto insurance from an insurance company or an insurance agent as a car owner. However, what about through a bank? Do banks offer auto insurance? Read on to find out more! When to Get Auto Insurance Through a Bank You can get auto insurance through a bank when the bank is financing your car. In other words, you get auto insurance from the bank when you apply for a car loan with them. When you finance a car, the bank buys the car on your behalf while you make payment to them Read More

5 Simple Tips to Prevent Common Fire Hazards in Your Home

Fire safety is extremely important when you are trying to keep your home and family secure. While most home fires are accidental, they can easily be prevented by being more vigilant and taking precautions that would greatly reduce the risk of a fire.   Here are a few simple tips to help you prevent fires within your home. Don't Overload Your Outlets Overloading your outlets can spell disaster if one gets too hot and begins to short out. Therefore, avoid using extension cords if Read More

Key Variables That Can Impact Your Auto Insurance Premiums

Searching for auto insurance coverage may be difficult at times because several variables impact premiums, from your car type to your driving history and the types of coverages you need. As you look over your finances, you may consider cutting some coverage off your policy to lower your auto insurance premiums. Perhaps you are looking for a few ways to lower your premiums. However, it's recommended that you weigh all of the factors before making a decision. Here are a few key factors that Read More

7 Good Reasons Why You Should Rent a Home

The American dream is for all citizens to own a home. However, buying a house doesn't mean life gets better magically. There are merits and demerits to homeownership. These demerits are reasons why renting may be better. Here are seven reasons why you should rent a home: 1. No Mortgage Debt A higher percentage of homeowners opt for a mortgage to own a house. Only a handful of them buys their home with their money. The traditional mortgage payment is a 30-year debt, which is a long time Read More

Understanding How Statute of Limitations Impact Auto Insurance Policies

Searching for auto insurance can be a complicated process. Insurance companies may assess multiple factors while figuring out your premium. Practicing safe driving habits can help you save money, while an extended history of traffic tickets and other violations may make it difficult to find coverage. Here's a look at how the statute of limitations may impact your auto insurance search. Why Statute of Limitations Matter Maintaining a perfect driving record is difficult for most people. Read More