In our previous article, we wrote about the three major ways to buy insurance. These three methods were buying direct, buying through a captive agent, or working with an independent agent. In that article, we talked about some of the pros and cons of each, and we wrapped it up by explaining a few good […]
Three Approaches When Buying Insurance
Insurance is often required by state law or even voluntary contract, but it’s better to think of insurance as a safety net instead of something you must have because someone else says so. Though the state requires you to have a minimum liability amount of coverage on your vehicle, it’s for your protection and that […]
Is Your Insurance Policy for Actual Cash Value vs. Replacement Cost Value?
Pretend, just for a moment, that a fire happened in your kitchen and your oven needed to be replaced. You have homeowners’ insurance, so you’re covered and know that everything will eventually be replaced. When you receive your reimbursement check, though, it’s smaller than you expect. You’re going to have to kick in more out […]
