Understanding Insurance Terminology

Understanding Insurance Terminology

  • Should You Bundle Home And Auto Insurance? How To Decide

    Are you considering bundling your home and auto insurance into one package from the same insurer? This can be a great financial advantage as well as making things simpler. But it might not always be the best choice. To help you get the best deal possible without sacrificing quality, here are a few steps to take. 1. Shop Around. A discount for bundling insurance policies under one roof is understandably attractive.

  • Life Insurance For Children Is A Good Idea

    Life insurance is not just for elderly adults. It is also a helpful form of protection for children. If you are a parent and you do not have life insurance for your child, learn why this investment is one that you should seriously consider. Protection Can be Lifelong There is a fairly common misconception that policies purchased for children will either terminate once the child turns 21 or that the policy will need to be recertified once the child reaches adulthood.

  • Why It's Smart To Choose A Car Insurance Company That Offers Cheap Pricing

    When shopping for auto insurance, you might pay attention to things like brand names. After all, you might have heard good things about certain insurance companies in the past, and you might have had good experiences with certain auto insurance companies yourself, too. However, it really is a good idea for many drivers to choose a car insurance company that offers cheap pricing. These are some of the reasons why this is so important.

  • The Difference Between Car Insurance, A Warranty, And Mechanical Breakdown Coverage

    Understanding car insurance is a necessity if you own a car, and many people find that they are somewhat confused when it comes to knowing the differences between car insurance, a car warranty, and mechanical breakdown coverage. Are you confused about this? If so, here is an explanation of each of these things and how they are different from each other and the same. Car insurance Car insurance is primarily designed to cover damages to your car or to other cars from accidents or acts of nature that may lead to damage.

  • Auto Insurance Premium Through The Roof? How To Get A Better Rate

    Maintaining car insurance is an integral part of owning a vehicle. So much can happen when you're out on the road and it feels good to know that if you happen to get into an accident you have a backup plan in place to help cover the damages. However, although you likely realize how important insurance is, it might be getting difficult for you to handle the soaring premium. You may have recently received a speeding ticket or had some other vehicle-related incident that has affected your rate.

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.