article thumbnail

Umbrella Insurance: Do You Need It?

Money Talk

Like an umbrella that covers your head to protect you from a rainstorm, an umbrella liability policy “covers” your other property insurance, thereby providing additional protection. To summarize, umbrella insurance protects policyholders’ assets from large claims when they are found at fault.

Insurance 272
article thumbnail

Auto Insurance: Strategies to Save

Money Talk

One of the largest items in household budgets is car insurance. According to Bankrate, the average annual cost of car insurance in June 2022 was $1,771 per year ($148 per month) for full coverage and $545 for just the minimum coverage required by state law. Do you want to save money on car insurance without sacrificing needed coverage?

Insurance 176
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can you put non-family members on your health insurance?

PeopleKeep

In most cases, health insurance plans cover the policyholder and their immediate family members. In this article, we'll explore the considerations involved in extending coverage to non-family members and provide guidance on making informed decisions about your health insurance coverage.

article thumbnail

What is a health insurance premium?

PeopleKeep

As more individuals and families become active healthcare consumers , knowing key healthcare terms and how they affect your health insurance costs is essential. One of the most critical terms to understand is health insurance premiums.

article thumbnail

A Benefits Leaders Top Priority: Reducing Cancer at all Costs

employers are bracing for the largest increase in health insurance costs in a decade next year. And the largest healthcare expense to employers?

article thumbnail

Vacant Office Buildings May Have Insurance Problems

InterWest Insurance Services

However, these changes have resulted in increased commercial building vacancy rates, and that can leave their owners with insurance problems. Insurance companies are hesitant to insure buildings that fall below 50% occupancy because these properties may: Be poorly maintained. the year before. Security is still in place.

article thumbnail

Are You Actually Covered? It’s Time to Evaluate Your Group Disability Insurance

CorpStrat

If your company provides Employee Benefits, there’s a good chance you’re enrolled in a Group Disability Insurance plan. If you’re a high-income earner who assumes you’re adequately insured, think again. These rates are influenced by various factors such as economic conditions and insurance provider policies.