Understanding Insurance Terminology

Understanding Insurance Terminology

  • Three Tips That Can Save You Money On Your Home Insurance

    One of the most important insurance policies that you can have is your home insurance, mostly because this policy is responsible for rebuilding your home if it gets destroyed, repairing your home after a disaster, and even reimbursing you for any items that may be stolen during a break-in. Listed below are three tips you can follow that can save you money on your home insurance policy. Secure Your Home One of the easiest ways to save money on your home insurance policy is to simply find ways to secure your home.

  • Tips for Getting Car Insurance in a New State

    Getting car insurance in a new state isn't as simple as changing your address. Here are the steps that come with changing over your car insurance. Checking Your Current Policy First of all, you will want to check on your current insurance policy to see what its terms are about switching or dropping the policy. Your auto insurance carrier may be able to provide you with insurance in your new state.

  • Think There Are Unclaimed Life Insurance Benefits Out There? Know What to Do

    The purpose of life insurance is to give the beneficiaries financial help in the event that the person who holds the policy passes away. If you're the beneficiary of someone's life insurance policy, it's possible that you were never notified of your pay out and it was forgotten about. One out of 600 people never receive their benefits, so it's possible that you were listed as the beneficiary of a policy and was never notified about how to receive it.

  • Where To Shop For Your Auto Insurance

    When buying new auto insurance in Chicago Heights IL, you will want to be sure that you are going to be getting the best coverage and service for you and your car, which is why it is best to go through a local broker. Buying your new policy with a local insurance broker will allow you to view many different insurance plans, all from one convenient location. This will prevent you from having to visit each local insurance branch, which can be time consuming and will make your insurance shopping more stressful.

  • Auto Insurance Companies Do Want To Work With You

    In Boston, auto insurance is not that difficult to get. It can take some time to find the right agent and the right policy, but it is not difficult overall just to get insurance in most cases. If you currently do not have auto insurance but have another type of insurance like homeowner's, call that agent and see if he or she also offers auto insurance -- he or she probably does, and you can sign up for a policy there if you like your agent.

About Me

Understanding Insurance Terminology

After we purchased our first home, we realized that it might be a good idea to evaluate our insurance coverage. Although we had purchased homeowners insurance before, we had never owned a policy as large as the one we would need for our new place. Also, our new home had a trampoline and a swimming pool, which made us worried about liability. To iron out the details, I decided to meet with our insurance agent. We talked about things like monthly premiums, coverage limits, and deductibles, and it was incredible to learn more about the terminology. This blog is designed to help you with the same types of questions.