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Insurance Group Picks Safest Electric Cars

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In December of 2010, the Insurance Institute for Highway Safety created a list of what they considered to be the safest vehicles of 2011. In April of 2011, they released their list of the safest electric cars. This is the first time electric cars have been safety tested by an insurance group. The Insurance Institute for Highway Safety is non-profit, independent, scientific group. It also is an educational organization. This group is very dedicated to reducing the number of deaths, injuries, and property damage that occurs due to automobile crashes that happen on the nation’s highways. This group is not … Continue reading →

Insurance – There’s an App for That!

When you think about iPhone apps, you probably think of games like Words With Friends, or Angry Birds. Other apps are designed to be a quick resource of a specific kind of information that you might need to access while you are away from your computer. Did you know that there are insurance related apps? It seems some insurance companies are getting into the app market. What kind of apps do you have on your smartphone? In addition to some fun games, you might have apps that let you know about sales, that give you directions, or that help you … Continue reading →

Understanding Insurance

Insurance can be confusing. There are many different kinds to consider. There are a bunch of factors to take into consideration before you choose an insurance company, or sign an insurance policy. What may seem like a small detail can result in big changes about how much your monthly premiums will be. It can be hard to understand. Fortunately, there is information out there that can help you make sense of it all. There is a blog called Get Rich Slowly which provides great information about financial matters. There is an excellent post that describes, in a way that is … Continue reading →

The Differences between Types of Insurance

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It is easy to get confused about the differences between EPO, HMO, PPO, and POS health insurance. Here is a quick list that should clarify the differences between them. What are the networks like? HMO: large network Care from in network providers is covered. You pay for care from out of network providers. PPO: large network Care from in network providers is covered. You pay for care from out of network providers, and then submit a claim form to your insurance company. They may or may not reimburse you for the cost. POS: large network Care from in network providers … Continue reading →

What is PPO health insurance?

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There are many different kinds of health insurance that you can choose from. If you are getting your health insurance through your employer, you are pretty much locked into whatever the employer offers. However, if you are on your own, then you can make your own choice about what kind of health insurance is right for you. One of the most popular forms of health insurance is called a PPO. This stands for Preferred Provider Organization. It is a network of health care providers that include hospitals, as well as specific doctors. The insurance company has contracted these doctors and … Continue reading →

Can You Live on One Income? Insurance and Auto

Living on one income and having one partner stay home is a dream for many families. And sometimes living on one income can actually put you ahead in terms of savings and expenses. Could you live on one income? In this continuing series, I’ll talk about some of the factors, such as reduced standard expenses that will help you consider this important decision. If you missed the first article, just click here: Can You Live on One Income? Taxes Explained. Insurance: You may reduce your health insurance payments with a second income. How? Well assuming that the stay at home … Continue reading →

Insurance Company Refused to Cover than Reconsidered Too Late

Welcome to 2008, hopefully your family had a better end to the year 2007 than the family of Natiline Sarkisyan. Their year ended with a funeral for their teen-aged daughter who died after her health and medical insurance company refused to pay for a liver transplant and then reconsidered. The Philadelphia-based Cigna HealthCare insurer has a history of approving coverage for over 90% of all transplants claims requested by their insured members, with over 90% of the liver transplant request being approved according to Cigna company President David Cordani in a memo addressed to employees and distributed to the media. … Continue reading →

Fall Household Insurance Inventory Check List:

With the holidays looming it’s the best time to double check your photography and video equipment to make sure it’s in good working order. A great way to do that is starting a digital household inventory. By starting this project now, you will also be ready to take inventory of your special holiday items. With all the modern tools we have there is no reason any of us should put this project off. Most people reading this Blog are already talented enough on the computer to find the information you need, chat and share pictures. In order to completely understand … Continue reading →

Halloween Insurance Tips: Are You Inviting Trick-or-Treater’s?

The Trick-or-Treater’s will be knocking on your door tomorrow night! It’s your responsibility as the homeowner and insurance policy owner, to prevent losses. Halloween is a huge liability exposure. By decorating, turning your porch light on, and handing out treats homeowners invite some of the most common, and most expensive liability claims. To make it simple, any injury that any person might suffer while their feet are on you property can be considered your liability. Take a few moments and consider these important issue before inviting the neighborhood to knock on your front door: If you trip over the garden-hose … Continue reading →

Auto Insurance and Students Away At College

Recently a Families.com member asked me about adding a college student to personal auto insurance: My son got his driver license this summer and is now in an out of state college. He is not going to drive while at school. However, when he is back for Christmas or Summer (may be for two to three weeks), he will drive our car. Should I include him in our auto insurance? Or should I include him in our auto insurance only during the period when he is back? Some agents claimed that including him all through the year will help him … Continue reading →