We buy homeowners insurance to cover ourselves in case there’s a loss or accident on our property, but do we really understand how our premiums are set? Read on and I’ll try to shed some light on the subject.
When you consider financial planning, you might think of your household budget, your 401(k) for retirement and maybe even college savings accounts for your kids. What about life insurance?
Hazard insurance is a type of insurance policy that protects you, the homeowner, against hazards like wind, fire, storms, earthquakes, floods, firestorms, windquakes, godzillas and all other natural disasters. As long as the hazard that wrecks your house is covered in your policy, you will be protected.
Life insurance isn’t sexy. It’s marketed to seniors, and when you think about it, you’re talking about spending money you’ll never get to touch. But rather than avoid it altogether, why not read up on what life insurance means to you and your family?
Did you know your love of skydiving could be upping your insurance premiums? Did you know your coworkers could be costing you money? Check out our list of things that can impact your insurance premiums.
Ever wonder how much you’re paying in car insurance compared to everyone else? Check out our list of cities with the most and least expensive car insurance.
The average U.S. homeowners insurance premium for the second quarter of 2014 increased to about $829 annually, an increase of 2.1% from Q1. Despite the quarterly rise, however, Q2 rates remain down about 3.3% from the same period a year ago.
Most people don’t give life insurance a second thought, but once we look into planning for your loved ones, it just might become your first priority.
Where do U.S. homeowners insurance premiums stand after the first quarter of 2014? That depends on your perspective. If you take the short-term view, the average cost of a year's worth of coverage increased to $810 in the first quarter – up a whopping .6% from the from the previous quarter. But if you prefer a longer view, the average fell 6.5% from the first quarter of 2013, when it was $864.
GoBankingRates says it studied auto loan details from more than 6,000 financial institutions and statistics gathered from eBay Motors to project that about 25 percent of Americans would use refunds to grab a fresh ride.