The Cost of Repatriation – Why Travel Insurance is a Must

Repatriation may not be top on your list of concerns as a student but its high cost should make you think twice about skipping travel insurance cover. You may think it’s a morbid subject – repatriation is the return of you or your mortal remains to your home country in the event of untimely death or serious injury – but it’s something to think about when considering your travel health insurance coverage.

The cost of transporting you back home for medical treatment costs upwards of $50,000. Think about how you would afford that kind of cost. Your re

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Understanding the Difference Between Cash Value, Fair Market Value and Replacement Cost Insurance

There’s no lack of insurance out there, but how do you know if you’re buying the right policy to insure your valuables? Three of the most popular types of insurance include cash value, fair market value and replacement cost. If you’re not sure of the difference, you’re not alone. Here’s what you should know to prevent a headache–and heartache–should you need to file a claim.

What Is Cash Value Insurance?

A cash value insurance policy insures an item such as a house based on the item’s actual cash value at the time of loss. An item’s cash Read full article…

Democratic Senators Look to Delay Flood Insurance Mandates

Purchasing new “market-based” flood insurance policies will not be a mandate for homeowners in new flood zones if two Democratic senators are able to pass legislation in the midst of the lame-duck session. Many homeowners have been placed into a new flood zone that would require them to pay for flood insurance, but the senators hope to stall this from occurring until the flood zone maps can be reviewed.

Senators Want to Stall Mandates for 5 Years

Democratic Sens. Charles Schumer (D-NY) and Richard Durbin (D-Ill.) are trying to push legislation that will give homeowners affected by new flood maps in districts like Long Island, NY and East St. Lou

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Is It Really Possible to Go Without Home Insurance?

In 2005, the United States, especially the Florida coast and New Orleans, were hit with seven hurricanes that made landfall. At the same time, America’s home insurance companies were hit by an estimated $60 billion bill.

The 2005 season was the busiest on record, with 27 named storms and 11 federal disaster declarations. The year’s three most devastating hurricanes, Katrina, Rita and Wilma, together accounted for over $45 billion of the total losses. As Read full article…

Lower Your Car Insurance

According to Wallet Pop’s Gina Roberts-Grey, “Cutting the cost of your car insurance” is easier than you might initially think.  The author’s tips usually only take a quick phone call or a bit of research and can save you quite a bit on your car insurance.  Bundle up any insurance policies that you can.  Usually keeping your homeowners and car insurance policies with the same company can save you money.  Always check back in with your insurance company every year or so to see what kind of new discounts may be available.  Most consumers buy insurance then don’t think about it again when this can cause you to lose out on discounts.

Shopping around is crucial to finding the best car insurance.  Agents don’t have access to all insurance companies so shopping online and calling companies like Infinity Auto Insurance to get rate quotes may end up saving you money.  Check your current policy and see if there is any excess coverage that you don’t need to carry and that your state does not require.  Don’t add teenage drivers onto your car insurance policy because your car is almost always covered no matter who is driving.  Adding teenagers onto your policy will inevitably increase your rates, but is not necessary unless they have their own car in their name.

The article recommends dropping collision and comprehensive coverage from your car if it is seven years old or more since the value has decreased so dramatically.  By taking on some more risk and increasing your deductibles, you could save up to 30% on your car insurance bill.  Since your deductible usually is only applied when an accident is your fault, safe driving can help you save thousands by increasing your deductible.  There are also many unique discounts you can find to save you money from having a car alarm to parking your car off of the street.  Contact car insurance companies to find out how you can save money.