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Can You Transfer a Car Title Without Auto Insurance?

Can You Transfer a Car Title Without Auto Insurance?

The answer to the question solely depends on the state you reside in. Each state has its own laws and guidelines that govern car...
What is a Contingent Beneficiary?

What is a Contingent Beneficiary?

A contingent beneficiary, also known as the secondary beneficiary, is an individual or entity who inherits the policyholder's assets in the event that the...
Adding Your Child to Your Car Insurance

Adding Your Child to Your Car Insurance

Irrespective of age, drivers are mandated to have the minimum coverage under auto insurance as stipulated by the law of the state they reside...
Is Home Insurance Tax Deductible?

Is Home Insurance Tax Deductible?

No, home insurance is not tax deductible. Most insurance companies will not allow you to deduct the cost of homeowners insurance on your home...
What is a Corridor Deductible?

What is a Corridor Deductible?

A corridor deductible is an expense that is paid by the policyholder which is usually in two parts: the initial deductible and the corridor....
Admitted Insurance: What It Is and How It Works

Admitted Insurance: What It Is and How It Works

Admitted insurance is an insurance coverage that is offered by licensed insurance comapnaies regulated by the insurance department of a particular state. It is...
Rent Guarantee Insurance: What It Is and What It Covers

Rent Guarantee Insurance: What It Is and What It Covers

As a landlord, it is essential to be knowledgeable about certain insurance types that offer protection for house owners. Rent guarantee insurance provides financial...
How to Get Homeowners Insurance After Being Dropped

How to Get Homeowners Insurance After Being Dropped

Day in, day out, there is an increase in the number of natural disasters recorded nationwide. Some of these disasters affect the home automatically...
Can a Life Insurance Beneficiary Be Changed After Death?

Can a Life Insurance Beneficiary Be Changed After Death?

A life insurance beneficiary cannot be changed after the death of the insured individual. If you die while a change is being processed, the...
IUL vs. Whole Life Insurance: What Are the Differences

IUL vs. Whole Life Insurance: What Are the Differences

The primary difference between whole life insurance and indexed universal life (IUL) insurance is how the cash value works. The cash value of whole...