Spring is almost here and it’s time to uncover the motorcycle!
Posted: March 24, 2011
Motorcycle Insurance FAQ’s Q. What’s the law in the US regarding motorcycle insurance? Each state requires minimum bodily injury and property damage liability limits to be purchased for motorcycles. The limits vary by states. So, check with your state department of motor vehicles or your agent. However, do remember that in today’s litigious society that the state’s requirement of liability limits may not be enough...
Insurance Coverages That You Don't Really Need
Posted: March 14, 2011
PMI (private mortgage insurance) is an insurance policy that protects the lender against loss when lending to a high-risk borrower. But, the borrower (YOU) pays for this insurance but derives no benefit from it. There are several ways to avoid paying for this. Put down at least 20% of the home's value. If you cannot do this, alternatively, you can put down 10% and take...
Better Ways to Save on Your Insurance
Posted: March 8, 2011
A better way to save on insuring your home is to raise your deductible. An increase from $500 to $1,000 could save up to 25 percent on your premium payments. Most people make the common mistake of insuring a home for its real estate value rather than for the cost of rebuilding. When real estate prices go down, some homeowners may think...