Tag Archives: cancellation

Ask Anna: My Auto Insurance Policy was Cancelled For Non-Payment!

Today, I recieved this message from a Families.com member: During the holidays some of my mail was misplaced and I didn’t realize my car insurance bill was missing, so I didn’t pay it. Today I found the notice that if my bill wasn’t paid by January 6th my auto insurance would be cancelled. I have a couple of questions, first of all does this mean that I have been driving around for 2-days without any car Insurance? And, since it’s January 8th two days after the cancellation date will I be able to get my car insurance renewed? I had … Continue reading →

Property Mortgage Insurance (PMI) For Loans Opened Before July 1999.

My first suggestion to homeowners who currently have a loan opened before July 1999 is to consider refinancing. The chances are great that you may be able to obtain a new loan at a much lower interest rate even now as these rates are starting to climb. If for some reason it is not possible for you to refinance then you might want to review your loan documents and check your statements to see if you are paying Private Mortgage Insurance (PMI). Home buyer’s who put less than 20 percent down on a home mortgage, are usually required by the … Continue reading →