Cheap Auto Insurance quotes
Cheap Auto Insurance quotes are designed in many different ways to cover your specific insurance needs. One needs to analyze these quotes in detail before making a decision. It also helps if you have basic knowledge on all or at least some aspects of cheap Auto Insurance. You can find literally hundreds of online resources offering you thousands of attractive cheap Auto Insurance quotes. But should you opt for them, just because they are cheap? It depends. When it comes to insurance, sometimes the cheapest policy is not the best way to go.
Attention! Have a look at the type of car you drive. Certain types of cars attract higher Car Insurance rates.
You need to know the rules, which govern your state, with regard to Auto Insurance. Certain states, for example, may require you to have comprehensive liability coverage, which is also known as third party liability in some countries. This covers you in case you are at a fault during an accident, whereas in other states, you are simply required to carry a ‘no-fault' policy.
Monday, March 2, 2009
LOAN INSURANCE
LOAN INSURANCE
These types of loans are often referred to as 80-10-10 loans or 80-15 loans. An 80-10-10 loan is a mortgage at 80% of the amount to be financed and than two home equity loans at 10% each. You will likely find that all three loans will have a different interest rate with this type of package. 80-15 loans are similar but would be the main loan at 80% and a secondary loan at 15% with the buyer putting down the additional 5%.It is important to note that when financing 90% - 100% of a home, the appraisal will play a key role in the loan approval process. If the appraisal does not come out at a pre-determined amount.You may need to go back and renegotiate the purchase price of the home or run the risk of being denied the mortgage. Most real estate contracts, do have a clause in them that allows the buyer out of the contract if they are denied a mortgage.You will want to speak to the lawyers and real estate agent in advance if you are planning for applying for this type of loan.
These types of loans are often referred to as 80-10-10 loans or 80-15 loans. An 80-10-10 loan is a mortgage at 80% of the amount to be financed and than two home equity loans at 10% each. You will likely find that all three loans will have a different interest rate with this type of package. 80-15 loans are similar but would be the main loan at 80% and a secondary loan at 15% with the buyer putting down the additional 5%.It is important to note that when financing 90% - 100% of a home, the appraisal will play a key role in the loan approval process. If the appraisal does not come out at a pre-determined amount.You may need to go back and renegotiate the purchase price of the home or run the risk of being denied the mortgage. Most real estate contracts, do have a clause in them that allows the buyer out of the contract if they are denied a mortgage.You will want to speak to the lawyers and real estate agent in advance if you are planning for applying for this type of loan.
insurance life term
Most people buy life insurance because they care deeply about another person or people and they want to make sure the loved ones left behind are taken care of financially. When you die, there will be an emotional loss felt by loved ones. An economic loss on top of the emotional loss is an unbearable combination and one that families should not have to experience.
When you purchase life insurance, you are preventing the financial loss others would occur upon your death. I’m not claiming that the following story is the reason I have chosen life insurance sales as an occupation, but it is a perfect anecdote for this topic.
Life Insurance Terms Defined
Life Insurance Terms Defined
If you’re like most people, reading an insurance policy can be downright confusing. It’s not the easiest read in the world for me and I’m in the business. Fortunately, all policies include definitions of the terms. Unfortunately, the definitions are often written in “insurance speak,” so now you are left with terms and definitions you don’t understand.
In an effort to assist you in understanding your policy, I offer the following simple definitions:
- Death Benefit – The amount payable to your beneficiary upon your death.
- Beneficiary – the person or persons who will receive the death benefit upon your death. You can name primary and secondary (or contingent) beneficiaries.
- Secondary Beneficiary – the person who receives the death benefit if the primary beneficiary is no longer alive.
- Premiums – the amount of money payable to the insurance company on a regular basis.
- Lapse – the cancellation of your policy when premiums have not been paid.
- Term Insurance – insurance for a specified period of time.
- Permanent Insurance – insurance that is as guaranteed to pay a claim as death is to happen.
- Health Class – a classification system used by insurance companies to determine the risk you present to the company. The better the health, the lesser the risk.
- Insured Person – the person whose life the policy covers.
- Policy Owner – the person who owns the policy. The owner and the insured are not always the same person.
I hope this helps.
National Health Insurance
National Health Insurance Marketplace Enters the Blogosphere
eHealthInsurance, the nation's leading source for individual and family health insurance today announced its sponsorship of a new Web log, or Blog, www.HealthyConcerns.com, launched by founder and blogger Elisa Camahort.Posted by Dane oHealthy Concerns will provide a community-oriented place for people to share and learn about the potential pitfalls and ways to work within the complex health insurance market. It will feature insight and comments based on personal experiences from a mix of bloggers and consumers, as well as industry experts.
loan insurance
LOAN INSURANCE
It is important to note that when financing 90% - 100% of a home, the appraisal will play a key role in the loan approval process. If the appraisal does not come out at a pre-determined amount.
You may need to go back and renegotiate the purchase price of the home or run the risk of being denied the mortgage. Most real estate contracts, do have a clause in them that allows the buyer out of the contract if they are denied a mortgage.You will want to speak to the lawyers and real estate agent in advance if you are planning for applying for this type of loan.
Private Mortgage Insurance
Private Mortgage Insurance
Private Mortgage InsuranceYou will note that the term "primary mortgage" was used. It is not the total of all mortgages and home loans on the property that is evaluated, but rather the amount of the primary or largest mortgage on the property that can trigger Private Mortgage Insurance.
Private Mortgage Insurance is calculated by taking 0.5% of your primary loan balance and dividing it by 12 . For example, if your primary mortgage is $200,000 and you are required to pay Private Mortgage Insurance, your mortgage payments would be an additional $83.34 per month. For most homebuyers, this additional premium is a considerable financial burden to undertake.
There are ways around Private Mortgage Insurance for those homebuyers unable to put down 20% or more on their new home. Mortgage lenders have created loan packages which include two or more home loans that when combined exceed the 80% threshold, while no one of the loans exceed that threshold.
Typically there is a primary mortgage and either one or two home equity loans taken out simultaneously which are 81% - 100% of the home value. This affords the homebuyer to put less than 20% down, or perhaps put nothing down at all while at the same time eliminating the need to pay Private Mortgage Insurance.
The Rich Really Need Life Insurance
The Rich Really Need Life Insurance
The Rich Really Need Life Insurance
It turns out that rich people need life insurance more than you and I.
I was chatting with my insurance agent this afternoon and he told me about a client that is worth probably $80 million. This person is taking out a life insurance policy worth probably $40 million.
One might wonder why someone with that kind of net worth would take out a life insurance policy worth that much money. This individual is taking the policy out to pay inheritance taxes. Life insurance proceeds to heirs are not taxed.
By taking out this insurance policy, this fellow gives his heirs the money to pay their inheritance taxes. That way they can keep the other assets that will be bequeathed to them.
The problem with inheriting those assets is Uncle Sam wants his part of the inheritance. In order to pay the chunk of money, these assets must be sold for cash. But the buyers will find out the heirs are selling the assets, like a building, to pay inheritance taxes. Knowing this, potential buyers can make a very favorable deal.
This hits the heirs twice. Not only do they have to pay inheritance taxes, but the assets they must sell to pay those taxes are now worth less money on the open market.
So the smart money buys life insurance just to pay inheritance taxes.
Home Owner with Insurance that Limits
Home Owner with Insurance that Limits
What does your Homeowners Insurance limit?
Did you know in a standard homeowners insurance policy, coverage limits for jewelry, furs, watches, and related items is only $1,000 combined? These and other limits are in place to encourage home owners to buy additional insurance coverage for valuable and hard to replace items.Additional home owners insurance coverage can be purchased through a Personal Articles Form or other additional applicable policy. Below is a list of item categories that may have limited insurance coverage for home owners.
Examples of Items That May Have Limited Coverage Under Your Homeowners Insurance Policy:
If you have any of the items above or are planning to purchase some in the future, it is important to check with your insurance agent for additional coverage. It is also important to note that every home owners insurance policy is different and to check specifically what your policy includes and excludes.
More Insurance Information for Home Owners
What is Title Insurance?Mold Not CoveredPrivate Mortgage Insurance PMI
Health and life insurance
Health and life insurance
Uninsured Add $900 to Health Premiums
MSNBC: "Health insurance premiums will cost families and employers an extra $922 on average this year to cover the costs of caring for the uninsured, according to a report released Wednesday. With the added cost, the yearly premiums for a family with coverage through an employer will average $10,979 in 2005, said the report from consumer group Families USA... its study shows the problem is not restricted to the tens of millions of uninsured Americans. Rather, the problem affects everyone, because the insured subsidize the cost of care given the uninsured."
Why You Should Purchase Life Insurance
Most people buy life insurance because they care deeply about another person or people and they want to make sure the loved ones left behind are taken care of financially. When you die, there will be an emotional loss felt by loved ones. An economic loss on top of the emotional loss is an unbearable combination and one that families should not have to experience.
When you purchase life insurance, you are preventing the financial loss others would occur upon your death. I’m not claiming that the following story is the reason I have chosen life insurance sales as an occupation, but it is a perfect anecdote for this topic.
When I was thirteen years old, my father passed away from a sudden heart attack. He was survived by myself, my two brothers (ages 8 and 16) and my mother. Naturally, the emotional loss was devastating to us as a family. The emotional loss was compounded by the financial loss caused by an inadequate life insurance policy. My father, who loved us dearly, only had a policy that barely paid the funeral expenses.
My mother, who had been a stay-at-home mom for sixteen years, now had to somehow support three young sons. To say life was difficult would be a gross understatement. If my father had purchased a sufficient amount of life insurance, the emotional loss would have been the same but we would have been able to properly mourn the loss of a loved one without having to deal with the prospect of financial ruin.
I hope this story inspires you to purchase an adequate amount of life insurance to protect your family from potential financial loss.
Finance for the Freelancer
Budgeting and financial planning are great ideas, but how in the world do you budget or plan when you don't know from one month to the next how much money you're going to earn?
It's a difficult situation, but there are ways to approach the problem that, over time, will provide some stability for your finances.
The first trick is finding out how much it actually costs you each month to live; chances are it costs more than you think it does. Add up all your expenses - food, gas for the car, rent or mortgage payment, utilities, car payments, car and health insurance, and so on. Don't forget periodic payments like license renewals and car registrations, birthday and holiday gifts and cards or anything that costs you money.
Once you've decided what it costs you each month, that's what you live on. Open bank accounts for each broad category - monthly expenses, weekly expenses, and so on. And then deposit the amount of money you need per month into the appropriate accounts as the money comes in.
Separating monthly from daily expenses actually frees you up. If you know you've got money stashed safely away for the rent, heat, etc., and you see a pair of shoes or a book you really want, just check out your daily expenses account; you may find that if you eat rice and beans for a few days you can spring for the impulse buy without wrecking your budget. Just don't, under any circumstances, raid the monthly expenses account!
The conventional wisdom is that if you have credit card debt, you should pay it off before you start saving money. You're going to save a lot more in interest payments if you eliminate your credit card debt than you'll be earning in a conventional savings account. But you need to take into account your uncertain financial circumstances and your own human nature. Having a month or two of living expenses in the bank can do an amazing job of calming one's nerves, and can preclude the need for charging more money on your credit cards.
Home Mortgage Refinance
A home mortgage refinance may just be the best financial decision you can make. However, refinancing is not for everyone. It is mostly a matter of right timing. This result to the unending question for homeowners everywhere: when is it exactly right to refinance?
There are many guidelines which can determine whether now the best time to get a home mortgage refinance is. However, despite all these guidelines, what actually determines "right timing" is dependent on your own financial situation. There are a number of signs which are indicative of ideal refinancing conditions. Here are some of them:
Refinancing to cut costs. When interest rates are dropping, it may be good to take on a new mortgage. The rule of thumb states that a difference of at least 2% should be followed for a home mortgage refinance to be worth it. Refinancingwill result to either lower payments you need to pay monthly, or a shorter loan term to repay the entire money you owe. Either of these can save you money in the long term. However, take note that interest rates should never be the sole determining factor to influence your decision. Make sure you consider closing costs, fees and charges and find out if you will be end up paying more in the long run.
Home mortgage refinance for better loan terms. Many homeowners decide torefinance in order to get out of their current loan. If you have a pending balloonloan payment due soon but do not have the means to pay for it, or if you have an adjustable rate mortgage which is increasing, you may resort to refinancing to spare yourself of an even bigger trouble. You can choose to revert to a fixed rate mortgage to minimize risks.
The decision to take on a home mortgage refinance should also depend on how long you intend to stay in your home. If you expect to sell your home soon,refinancing may not make sense at all. Also, if you are already halfway through your existing loan, you will barely save anything with a new mortgage loan. However, if you plan to stay in your home for at least the next five years, you will probably have enough time to recoup the refinancing costs you have incurred and actually save you money.
Ultimately, finding the right time to refinance is mainly a matter of proper calculation and estimation based on your individual circumstances and parameters. It should depend on how long you will stay in your home, yourfinancial goals, the current interest rates and good deals offered by lenders.
This is not to say that ideal conditions assure you of a risk-free decision.Refinancing does take some risk as all financial decisions do. However, as in all risks, you can minimize losses if you do your own research and make a wise assessment of how your home mortgage refinance will lead you to.Refinancing is indeed more than just a matter of timing.
Dental Insurance
Dental Insurance, Dental Plans: Why you should have one?
| Dental Hygiene and history of toothbrush |
| When toothbrush was first used or is there any evidences of oral hygiene 1000's of years ago. It is believed that Chinese first created the toothbrush. It was not a toothbrush in real sense but more of a device that was used to clean teeth. The first form of brush was crafted from bamboo in 1400. It was used as handle and hairs of Siberian wild boar were used as bristles attached to the handle. This was the first toothbrush associated with having been the ancestor of the one that we use today. Another form of toothbrush was found 3000 years before the birth of Christ. This was found in the pyramids in Egypt. These toothbrushes were crafted from a stick. Unlike the Chinese version of the toothbrush, the end of the stick was flayed so that the fibers of the wood were softer. This stick was then rubbed against the teeth to serve as a form of oral hygiene. Chinese version of the toothbrush became popular and went further to Europe. Hairs of the Siberian wild boar were bit tough on gums. Hairs of horse back started gaining popularity as they were not horse on gums. Despite the added softness of the horse hair bristles, the boar hairs were more commonly used, as horses were too valuable to Europeans during this period of time. In 1937, Wallace H. Carothers created nylon in the Du Pont laboratories. This invention forever changed the history of the toothbrush, as well as every other device that required a fibrous material, including ropes. In 1938, Nylon became the sign of modernization, from the creation of nylon stockings to Dr. West's first nylon toothbrush. |
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| Dental Insurance, Dental Plans: Why you should have one? |
| Are you going to your dentist regularly now? If not, you will have to go later which will cost you 1000's of dollars. Without regular dental checkups and proper dental insurance plans, you would have to pay as much as $8-10,000 for your dental procedures and repairs. You have got 2 options, either to go for a Dental Insurance or a Discount Dental Plans . Large groups or businesses to cover their employee’s dental care primarily utilize dental insurance. Monthly premiums are to be paid for a pre defined coverage. It could vary between $30 per month for individuals to $100 per month for family plans. Dental insurance is not readily accessible to individuals and families. There are annual spending maximums, deductibles, waiting periods for certain procedures, and limitations and exclusions on care. Dental coverage will include the cost of preventive services (such as cleanings and exams) at 100% after deductibles are met. Dental plans are an ideal form of dental coverage for the benefits of common citizens when they are not covered at their work. The plans are primarily designed to provide consumers access to dental networks at reduced rates. These plans are affordable and are best for families and individuals. The plans work differently than insurance but offer real and substantive cost savings on dental procedures. Dental coverage includes secured discounts on most dental services, such as dental exams, routine cleanings, fillings, extractions, root canals, dentures, crowns, and braces. Most Discount dental plans Provide a fee schedule with the discounted fees listed out in the membership materials. |
car insurance
car insurance
car insurance
As I was stuck in traffic on a Los Angeles freeway yesterday, I saw a deflated blow-up car lying on the side of the road and, being the insurance person I am, I started thinking about what would happen if the real car died? Would any toys get delivered on Christmas Eve? Would millions of cookies and glasses of milk go untouched? Would the collective wail of hundreds of millions of children on Christmas morning ruin any possibility of a peaceful day?
The way to prevent this from happening would be to secure life insurance on cars life. In a rushed conversation with Ms. car (she was quite busy when I called), she informed me that she did, in fact, have a life insurance policy on Santa. I asked her if the proceeds from the policy would allow Santa’s business to continue should he pass away. She told me that the amount of insurance Santa had was barely enough to allow her and the elves to continue the mortgage payments on the North Pole home, let alone the retreat in Palm Springs.
For the good of mankind, I knew I had to come up with a solution. I couldn’t imagine a Christmas without Santa Claus. If I didn’t do anything, how would I be able to face my grandchildren in the future, knowing that I had a solution and didn’t do anything about it? With the prospect of losing the respect of my grandchildren looming heavily, I sprung to action.
I put my proposal together and went to visit with the CEO of Claus Enterprises, who, lo and behold, happened to be Ms. Claus. After I thawed out (I do live in Southern California), I sat down with Ms. Claus and explained key-person insurance to her. In insurance-speak, a key person is an individual who possesses a unique ability essential to the continued success of a business or firm. The death of this key individual could severely handicap the company. If Claus Enterprises had a policy on Santa’s life and he should pass away, the company would be able to hire and train a replacement for Santa (or several) to insure that “business as usual” continued. This could potentially include new custom made suits, reindeer retraining, etc.
Wedding and Special Event Insurance
Wedding and Special Event Insurance
Wedding and Special Event InsuranceOften referred to as “wedding” insurance, special event insurance can be used to cover a 50th anniversary party, a bar mitzvah, a graduation party or any special occasion you might be planning. Special event insurance is designed to provide financial protection if you have to cancel or postpone a gathering due to adverse weather and natural disasters such as hurricanes.
Most policies also provide coverage for cancellation due to the death, illness or serious injury of a key participants in the event, such as members of the immediate family. Also, if an officiant, such as a minister or rabbi, or a key vendor, like the caterer, florist or photographer, does not show up, you can recover some of the costs.
Prices range from around $125 up to approximately $400 depending on the amount of coverage you need.
Wedding and Special Event Insurance
Additional riders may include coverage for:
* Military service—in the event the bride or groom is in the military or active reserves, and is suddenly called to duty.
* Gowns and tuxedos—includes stores going out of business or damage to the clothing.
* Gifts—if gifts are not covered by your homeowners or renters insurance, provides protection against theft or damage of gifts.
* Honeymoon—in case you need to cancel your trip due to illness, bad weather or other circumstances.
* Professional counseling—when the cancellation or postponement of the event causes severe emotional stress (a doctor’s note will be needed).
A change of heart is not covered, however.
Many companies also offer separate liability insurance, but be aware that many event sites already have their own liability insurance. If you are holding the event at home, however, you may want to purchase liability insurance above and beyond what is provided under your homeowners policy.
Before purchasing special event or wedding insurance, find out the following:
* Whether the insurance company is licensed to do business in the state where you live. This information is available from your State Insurance Department.
* How much the policy will cost and how much reimbursement you can expect if a loss occurs.
* What, specifically, is and is not covered by the policy.
* Whether you have coverage elsewhere through credit cards, warrantees or through home, auto or liability or other insurance policies you may already have.
The following companies offer wedding and private event insurance:
FIREMAN’S FUND PRIVATE EVENT INSURANCE
http://www.firemansfund.com/servlet/dcms?c=personal&rkey=31
TRAVELERS’ WEDDING PROTECTOR PLAN
http://www.protectmywedding.com
WEDSAFE
http://www.wedsafe.com
Wedding and Special Event Insurance
What is Auto Insurance?
What is Auto Insurance?
What is Auto Insurance?
Insurance Information Institute:
Auto insurance provides property, liability and medical coverage:
- Property coverage pays for damage to or theft of your car.
- Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
- Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
What is auto insurance?
 | Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance provides property, liability and medical coverage:
Most auto policies are for six months to a year. Your insurance company should notify you by mail when it’s time to renew the policy and to pay your premium. |
Your financial morning
Your financial morning
Try applying this kind of brighten-your-morning thinking to improve your financial life.
Just as we end up with suboptimal results if we rush around in the morning, trying in vain to get everything done, our portfolios can suffer if we rush through or skip some necessary steps in portfolio management.
For example, set aside some time to review your portfolio regularly. If some holdings have grown significantly, you may want to pare them back a mite, so that they don't overshadow everything else. In my own investing, there was a time when my Time Warner stock had grown to dominate my portfolio.
While it can make sense to leave your winners alone to keep growing briskly, it's also often smart to pare them back, or even sell them entirely, if they've gotten way ahead of themselves. In retrospect, I wish I'd sold some or all of that holding before it tanked.
The idea of devoting at least 10 minutes per day to tidying up is a powerful one. You can get quite a bit done in a dedicated time period. It's the same with investing. If you rarely find time to keep up with your holdings, you might make doing so part of a regular routine. Maybe, for example, you'll research your holdings for 15 minutes each day when you get home from work. (Or do so at work, perhaps on your lunch hour.) Or, you can devote one or two hours for this, once a week.
Short cuts
Of course, all this is easier said than done. If you can't see yourself devoting time to reviewing your portfolio, you might choose to invest in mutual funds. There are some great ones out there, and they give you the benefit of smart people managing your money for you.
For example, the Vanguard Capital Opportunity (VHCOX) fund has a five-year average annual return of nearly 19%, and recently included the following among its top holdings: Novartis , Monsanto , FedEx , and Corning . Although it's closed to new investors, several funds have reopened recently -- or you may have access through your 401(k) at work.
A broad-market index fund will give you roughly the performance of the overall market -- which has been around 10% over long periods of history. That's the simplest way to go with mutual funds, and there's no shame in it. Still, many funds have long-term, market-beating results. Those are the funds I seek -- and you can, too. I've found a bunch of very promising ones via our Motley Fool Champion Funds newsletter. I invite you to check it out -- a free trial includes full access to all past issues, so you can read about each recommendation.
Start off right
Another way to think about mornings and finances is to see this month and this year as the first morning of the rest of your financial life. If you haven't yet opened an IRA, for example, consider doing so as soon as possible. You have until April 15 to make a contribution that counts for the 2007 tax year.
If you haven't yet opened a brokerage account or begun investing in mutual funds, smell the coffee and ask yourself this question: "What am I waiting for?" Your first investing years are your most important and effective ones. Money you invest today might have 20 years to grow, and money you invest 10 years from now will grow by a much smaller factor over the following 10 years.
Make the most of your financial morning.
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