Understanding Insurance Terminology

Understanding Insurance Terminology

  • How to Make Your Car Insurance More Affordable

    Auto insurance may be mandatory, but it does not have to destroy your budget. If your car insurance premiums have been more expensive lately, it's time to sit down and figure out why your costs are so high. Whether your high auto insurance is due to bad credit or speeding tickets, you can reduce the costs. Here is some helpful advice on how to make car insurance more affordable: Take a Defensive Driving Course

  • Learn Why Having Multiple Policies On The Same Car Could Get You In Hot Water

    Buying auto insurance can be a bit tricky at times, especially if there are special circumstances surrounding your vehicle and its ownership status. For instance, you might have a co-signer who'd be on the hook for any remaining balances if you wreck your vehicle. In other cases, a spouse could have their own insurance policy on the vehicle you're currently driving, despite having your own insurance. While you understand the importance of having auto insurance coverage, you're probably wondering if a co-signer or lienholder needs to attach a separate policy of their own onto the same vehicle in order to cover their potential losses.

  • SR-22 Insurance: What It Is And What Misconceptions Can Get You In Trouble

    If you have recently been pulled over for a traffic violation, particularly a DUI or a DWI, auto insurance companies may place you in a high-risk category. If you have a history of traffic violations, your chances of obtaining affordable insurance can decrease. High-risk drivers such as yourself may be required to carry SR-22 insurance. Knowing what SR-22 insurance is and what misconceptions to avoid can help keep you out of trouble.

  • 4 Things That Can Affect Your Auto Insurance Rates

    Ever felt like you're paying more for auto insurance than you should? You're not alone. Despite the average cost of auto insurance totaling a little over $900 in 2014, many drivers pay much more for their coverage than necessary. The following looks at four common factors that could cause you to pay more for your auto insurance coverage. 1. Your Overall Driving History As far as auto insurance companies are concerned, your overall driving history says a lot about your potential risk factor.

  • Premises Liability: How Does It Affect Your Parking Garage Attack Case?

    Your job should be a safe place to work, but when someone attacks you in the company's dark parking garage and leaves you battered, bruised and unable to work, fight back with a personal injury attorney. Although assault and battery are criminal cases, you can also bring a case against your employer for premises liability. Premises liability is a branch of personal injury law that deals with the negligent actions of businesses and property owners that lead to some type of injury, such as a physical assault by a criminal or worse.

  • 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.