There’s a lot of “conventional wisdom” involved with auto accidents. But what you should do in any given situation will depend upon the specifics of the accident. Are you at fault? Is the other party at fault? Was anyone injured? Was the damage minor or extreme? Before deciding exactly how to proceed, you first have … Read more
Identity theft is when someone uses your personal information — like your home address, date of birth, credit cards, or bank account details — to take out a bank loan, withdraw money from your bank account, use your credit cards, or open up new credit cards in your name. The FTC received 1.4 million complaints of identity … Read more
On the surface, the answer to this question should be straightforward. But that’s not necessarily how things work in the insurance universe. There are serious risks to filing certain claims, or to filing too many claims. What are those risks? There are two primary ones: Your insurance policy could be canceled It will be retained, … Read more
Late this past summer, my partner and I faced a dilemma. Our grad school health insurance was set to run out in mid-August, and the insurance she’d get with her new job wouldn’t start until the end of September. We’d put it out of our minds for most of the summer, content to focus on … Read more
If you are looking to save money for long-term purposes, don’t overlook the potential of health savings accounts (HSAs) to help. While HSAs are not investment accounts in the traditional sense, you can use a health savings account to create a substantial nest egg that you could use at a later date under certain circumstances. What is a health savings account? Established by … Read more
I often get frustrated when I get my auto insurance bill. I’d love cheap monthly car insurance premiums, but they are hard to find. It seems like the prices keep increasing every renewal. Rather than sitting back and letting my prices increase, I decided to take action and research the average monthly car insurance payment. … Read more
Another month, another car payment. Am I done yet? If you’re eager to pay off your auto loan faster, I feel you. That’s why in this piece, I’m going to share seven steps you can take to greatly accelerate the process. In just a few ninja moves, you can pay off your auto loan faster … Read more
There are insurance policies that can cover virtually everything we have and everything we do in life. But how much insurance coverage is enough? And how much might be too much? There’s no easy answer, but there are general rules of thumb that you can follow. What those rules are will vary depending upon the … Read more
The average rate for auto insurance in New York state is fairly affordable, regardless of what you’ve heard. It really depends, of course, on where you live within the state. According to statistics pulled by Insure.com, the national average car insurance premium is about $1,325 per year. The average premium in New York state is … Read more
Will your auto insurance premium rise if you have an auto loan? At the risk of sounding ambiguous, the answer is sometimes! Strictly speaking, there is no additional cost for auto insurance if you have a loan on a car—as long as the coverage is the same in both cases. But that won’t always be … Read more
Think you’re too young for life insurance? Here’s the truth: With very few exceptions, the younger you are when you buy a life insurance policy, the less you’ll pay. Although hundreds of factors determine life insurance premiums, age is one of the most critical components, and it makes a strong case for buying life insurance as early in life … Read more