Due to its affordability, term life insurance is a popular form of life insurance coverage. Unlike permanent insurance, it does not build cash value and doesn’t last for a lifetime. If the term expires, such as five, ten, twenty, or thirty years, then the death benefit protection ends. When you need temporary coverage, such as … Read more…
A bad driving record can make it harder for you to find car insurance, and it can also make it more expensive if you find it. Insurers consider your driving record to be very important to them. That is why you will usually have to pay a higher premium if you have a bad driving … Read more…
A life insurance beneficiary is a person who will receive a certain amount of money upon their death as a result of their life insurance policy. When you purchase a life insurance policy, choosing an heir is one of the most important steps because it is the only legal way to specify who will be … Read more…
DEFINICIÓN You may ask your car insurance provider to exclude a driver from your auto insurance policy. Once they have been excluded from your policy, that driver will no longer be covered by your plan and will not be able to drive your vehicle. Excluded drivers: definition and examples It is possible to exclude a … Read more…
WHAT IT MEANS Non-owner car insurance provides financial protection when you drive someone else’s vehicle. It does not provide comprehensive coverage, such as a full-coverage policy, but it can assist in covering accident-related expenses. Non-Owner Car Insurance: What Is It? The standard auto insurance policy covers a specific vehicle. When you purchase a new car, … Read more…
You may be wondering what a car insurance non-renewal notice means and what to do if you received it in the mail. As a result, your auto insurance coverage will not be renewed automatically when it expires. You will instead be left without insurance. Learn the reasons for the non-renewal, what your rights are, what … Read more…
In almost all states, auto insurance is a necessity. If you are caught driving without it, you might find yourself facing hefty fines, seizures, and perhaps even jail time in the future. As a result of some problems you’ve had or missed payments you’ve made in the past, you may receive a letter from your … Read more…
Your auto insurance premiums will increase if you are at fault in an accident or get a few speeding tickets. However, if you have no crashes or speeding tickets, a rate hike may leave you confused. Rates are set by insurance providers based on a variety of factors. Learn what those factors are and what … Read more…
A high-risk auto insurance policy is one that covers situations where an insurer believes that the probability of loss may be greater than average, or in which the amount of claims expected may be greater than normal. This can be caused by multiple accidents, DUI violations, your payment history, age, or the value, use, or … Read more…
SR-22 – what is it? A driving license could be revoked or temporarily suspended if you earn too many points for moving violations or if you’re convicted of a major driving violation. The states have procedures for reinstating a driver’s license after it has been revoked or suspended, but getting car insurance can be a … Read more…