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Tag: car insurance

Visa v. Mastercard: How These Financial Tools Are Similar & What Makes Them Different

Uncategorized
You apply for a credit card and the bank sends you one when you’re approved. Whether it’s a Visa, a MasterCard or another type of payment card doesn’t factor into the process. Or does it? Find out whether you should choose Visa or MasterCard when applying for credit cards and what other information you should know about these companies before selecting a credit card. The Difference Between Visa and MasterCard The only real difference that stands between Visa and MasterCard is that your card works on the payment network that the company operates. A Visa card won’t work on MasterCard’s network, and vice versa. Ultimately, any other differences in cards come from the specific card you have. Not all MasterCard cards are the same, and not all Visa cards are the sa...

A Guide to Rental Reimbursement Coverage

Car Insurance, Fannie Mae
You’re involved in an accident, your car is wrecked, and your insurer has stepped in to cover the damages. All is well, and you only have the deductible to worry about, but what happens before the car is fixed? How do you continue to get to work every day and take the kids to school when your car is in the repair shop for the next few days or weeks? That’s where rental car reimbursement coverage steps in. If you have this optional coverage on your car insurance policy, you won’t need to worry. Keep reading to learn how this coverage option works. Rental Car Reimbursement vs Rental Car Insurance Before we go any further, it’s worth clarifying the potential confusion surrounding rental car coverage and rental car reimbursement coverage. The form...

Guide to Managing Finances for Deploying Service Members

San Antonio
Life in the military offers some distinct experiences compared to civilian life, and that includes your budget and finances. The pre-deployment process can feel overwhelming, especially when you’re organizing your money and bills.  It’s important you provide your family with everything they need to keep you and any dependents comfortable and stable. This means gathering paperwork, making phone calls to service providers, creating new budgets, and organizing your estate. The more you prepare ahead of time, the less you have to worry about the state of your investments and finances when you return home.  To help make the process easier, we’ve gathered everything you need to know for deployment finances. Read on or jump to a specific category below: Pre-Deployment Needs Review Your E...

The Best Car Insurance Companies of 2021

Auto, Auto Insurance, First Time Home Buyers
To help you understand what makes a top-rated car insurance company, it’s important to first find out how much coverage you need. This guide will help you understand what makes a top-rated car insurance company, how much coverage you need and ways to save money when getting a car insurance quote. Don’t worry; our top […] The post The Best Car Insurance Companies of 2021 appeared first on The Simple Dollar.Source: thesimpledollar.com

What Is High-risk Auto Insurance?  

Car Insurance, Fannie Mae
Insurance companies determine risk when calculating rates and offering coverage. If the company determines that your accident risk is higher than average, you’ll have to purchase high-risk auto insurance. Since companies base rates on risk, you can expect to pay more for coverage if you need high-risk insurance.  Find out why you might need high-risk insurance, how you can lower your premiums, and more. Then you’ll be ready to shop for high-risk auto insurance if necessary.    Reasons for High-risk Auto Insurance Insurance companies look at various factors when determining risk. You might need high-risk insurance if you: Have lots of at-fault accidents on your record  Have a large number of speeding tickets  Have reckless driving or racing violations Have been convicted ...

Things Break. How to Make Sure Your Emergency Fund Can Cover Them

Debt, Fort Worth, Side Gigs
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. Your washing machine. Your car. Your front tooth. If any of those broke right now, would you be able to get it fixed immediately? Or would you have to walk around with a gap in your smile for months until you could get the money together? If you can’t afford to pay to fix it today, you’re not alone. Most people don’t have $400 saved in case of an emergency either. So before your car breaks down on the side of the road on your way to an interview, make sure you have a solid emergency fund of at least $500. Don’t know how to get there? Having a budget (that you actually stick to) can help you get there. Hereâ...

5 Things to Consider When Changing Car Insurance

Auto Insurance, Conventional Loans, Insurance
Insurance is defined as a form of protection against loss. But in today’s insurance industry, insurance can be purchased to mitigate against all forms of loss. It is a type of risk management used by people to protect against uncertain loss or the risk of failure. Insurance companies or carriers or underwriters sell premiums to those who wish to purchase premiums. Premiums can be defined as the number of money carriers charge to customers in exchange for the coverage set in the agreement also known as the insurance policy. And in 2017, the U.S. insurance industry sold premiums reaching a total of $1.2 trillion with the health insurances accounting for a large chunk of that amount. Coming in at second place was P/C (property/casualty) premiums accounting for $558.2 billion in 2017. Some ...