Insurance – Money Crashers

What Does Homeowners Insurance Cover & How Much Do I Need?

Grant Sabatier — Tue, 20 Feb 2024 15:20:53 +0000

Homeowners insurance is a bundle of different categories of coverage, which apply in various situations. You aren’t able to pick and choose what categories you want – there are six different components to homeowners insurance, all of which are required, which we’ll discuss below. However, depending on your possessions, type of home, and your financial

The post What Does Homeowners Insurance Cover & How Much Do I Need? appeared first on Money Crashers.

10 Best Part-Time Jobs With Health Insurance Benefits

Brian Martucci — Wed, 22 Mar 2023 04:54:00 +0000

According to 2021 data collected by the Kaiser Family Foundation, 97.3% of large firms — those with 50 full-time equivalent employees or more — offer health insurance to their employees. But just 31.9% of firms with fewer than 50 full-time employees offered health insurance benefits to employees. What accounts for the discrepancy? It’s largely because

The post 10 Best Part-Time Jobs With Health Insurance Benefits appeared first on Money Crashers.

What Is DIF Insurance (Massachusetts Depositors Insurance Fund) – How It Works

Brian Martucci — Mon, 20 Mar 2023 21:20:04 +0000

If you have a bank account – or even if not – you’ve likely heard of FDIC insurance. FDIC insurance is deposit insurance overseen by the Federal Deposit Insurance Corporation, a federal entity created by the Banking Act of 1933. FDIC insurance guarantees the safety of deposits in checking, savings, and CD accounts held with FDIC

The post What Is DIF Insurance (Massachusetts Depositors Insurance Fund) – How It Works appeared first on Money Crashers.

FDIC Bank Statistics — Historical Reliability of Deposit Insurance

Brian Martucci — Sat, 25 Feb 2023 14:00:00 +0000

The FDIC hasn't met its target reserve ratio in years. Should you be worried there won't be any money if your bank fails? Probably not, but it's more complicated than a simple yes or no.

The post FDIC Bank Statistics — Historical Reliability of Deposit Insurance appeared first on Money Crashers.

FDIC Deposit Insurance Limits Per Bank Account (1934 — 2022)

Brian Martucci — Fri, 17 Feb 2023 18:00:00 +0000

Your bank's "member FDIC" logo isn't there for show. It means your money is insured in case something happens to the bank. Find out how much insurance you get, past, present, and future.

The post FDIC Deposit Insurance Limits Per Bank Account (1934 — 2022) appeared first on Money Crashers.

7 Best Disability Insurance Companies of 2024

Brian Martucci — Sun, 01 Jan 2023 23:19:00 +0000

While it often gets overlooked, disability insurance is an important type of coverage that can protect you from the financial impact of an unexpected illness or injury. We’ve analyzed several disability insurance companies, comparing their benefits, cost, elimination period, and definition of disability. Read on to learn about the best disability insurance companies and determine

The post 7 Best Disability Insurance Companies of 2024 appeared first on Money Crashers.

Certificate of Insurance (COI) – What Is It and Do I Need One?

Brian Martucci — Tue, 27 Sep 2022 17:00:00 +0000

If you own certain types of businesses, your clients or customers may require you to provide a certificate of insurance. You may even need one for personal reasons. But how does a certificate of insurance differ from other types of proof of insurance, and how do you get one?

The post Certificate of Insurance (COI) – What Is It and Do I Need One? appeared first on Money Crashers.

11 Best Renters Insurance Companies for 2024

Brian Martucci — Mon, 26 Sep 2022 12:00:00 +0000

No two renters insurance companies are alike, so before choosing a policy, carefully consider each company’s relative strengths and weaknesses. These are our top picks for the best renters insurance companies to consider today.

The post 11 Best Renters Insurance Companies for 2024 appeared first on Money Crashers.

What Is Key Person Life Insurance and How Can It Protect Your Business?

Brian Martucci — Tue, 20 Sep 2022 21:00:00 +0000

Key person life insurance works a lot like a typical life insurance policy. But some of the biggest differences may affect whether it’s the right choice for you.

The post What Is Key Person Life Insurance and How Can It Protect Your Business? appeared first on Money Crashers.

8 Best Pet Insurance Companies

Brian Martucci — Thu, 15 Sep 2022 21:30:00 +0000

By limiting the costs of owning a sick or injured pet, pet health insurance spares many from the heartbreaking decision to prematurely put down a pet whose care is too expensive. These pet health insurance companies are the best, but they’re not interchangeable. Which one is right for you?

The post 8 Best Pet Insurance Companies appeared first on Money Crashers.

Next Insurance Review – Is It the Best Small-Business Insurance?

Brian Martucci — Fri, 02 Sep 2022 15:00:00 +0000

Next Insurance provides tailored business insurance policies and packages to small businesses in the United States. Learn about Next Insurance, its key features and what sets it apart, and whether it's right for you.

The post Next Insurance Review – Is It the Best Small-Business Insurance? appeared first on Money Crashers.

Cash Value Life Insurance – What It Is and How It Works

Brian Martucci — Wed, 31 Aug 2022 17:00:00 +0000

Most people think of beneficiaries using life insurance after they die. But if you have a cash value life insurance policy, your insurance coverage is also quite useful while you’re still alive. But it’s crucial you understand how cash value works and all the fine print that comes with it.

The post Cash Value Life Insurance – What It Is and How It Works appeared first on Money Crashers.

How to Get a Health Insurance Claim Paid and Appeal a Denial

Brian Martucci — Mon, 29 Aug 2022 13:00:00 +0000

A denial letter isn’t the end of story for a health insurance claim. If you’re persistent and file a proper appeal, you could get that claim paid after all, at least in part.

The post How to Get a Health Insurance Claim Paid and Appeal a Denial appeared first on Money Crashers.

Gerber Life Insurance Review – Key Features, Pros and Cons

Brian Martucci — Tue, 23 Aug 2022 21:00:00 +0000

Gerber Life Insurance is a natural fit for your life insurance short list, whether you need insurance for your child or yourself. But it’s not the only option out there, even for infants and children, so review its options and features carefully before buying.

The post Gerber Life Insurance Review – Key Features, Pros and Cons appeared first on Money Crashers.

8 Ways to Save Money on Homeowners Insurance

Heather Levin — Tue, 09 Aug 2022 21:07:00 +0000

The median home price in the United States hovers around $200,000, which means your home is the biggest investment you’ll likely make in your life. The purpose of homeowner’s insurance is to protect that investment should it be damaged or destroyed. That said, it’s pretty important. However, protecting such a big investment doesn’t have to

The post 8 Ways to Save Money on Homeowners Insurance appeared first on Money Crashers.

Term Life Insurance — What It Is & How It Works

Brian Martucci — Tue, 02 Aug 2022 11:00:00 +0000

It’s human nature to wish for a long, happy life. Sadly, that’s not in the cards for everyone. Term life insurance can be there financially for your family if you aren’t. To determine whether it’s right for you, learn how it works, who needs it, and when it’s just not worth the cost.

The post Term Life Insurance — What It Is & How It Works appeared first on Money Crashers.

Whole Life Insurance – Definition, Benefits, Pros & Cons

Brian Martucci — Mon, 01 Aug 2022 11:00:00 +0000

Whole life insurance is a type of permanent life insurance contract that covers you until you die or reach 100 years of age, whichever comes first, and usually accumulates value for policyholders. Learn about whole life insurance, its key features, its pros and cons, and whether it’s right for you.

The post Whole Life Insurance – Definition, Benefits, Pros & Cons appeared first on Money Crashers.

What Is Life Insurance and What Does It Cover?

Brian Martucci — Fri, 29 Jul 2022 17:00:00 +0000

What would your loved ones do if you died tomorrow? They’d probably need to make some changes unless you left them with financial protection. That’s where life insurance comes in.

The post What Is Life Insurance and What Does It Cover? appeared first on Money Crashers.

Insurance Fraud Definition – Different Types and What Constitutes Abuse

Brian Martucci — Wed, 27 Jul 2022 17:00:00 +0000

Have you ever committed insurance fraud? Are you sure? The definition is really broad, and the penalties can be stiff. Find out what insurance fraud is and how it affects you.

The post Insurance Fraud Definition – Different Types and What Constitutes Abuse appeared first on Money Crashers.

What Is Collision Coverage — Do You Need It in Your Auto Insurance?

Brian Martucci — Tue, 26 Jul 2022 11:00:00 +0000

Collision coverage can significantly reduce out-of-pocket auto repair in some situations. But before you buy, determine whether collision insurance makes sense for you.

The post What Is Collision Coverage — Do You Need It in Your Auto Insurance? appeared first on Money Crashers.