Insurance Guides

5 best insurance tips for millennials Adulting (verb) - acting like an adult or engaging in activities usually associated with adulthood, often responsible or boring tasks. If you’re a millennial, you know this definition all too well. You’ve reached the age where you may be taking out student loans, buying or renting a place to live, having kids and, ultimately, purchasing insurance. These major life events for millennials make it extremely important to have a financial security net. And that’s exactly what insurance is: a financial security net. So it’s troubling that a survey from Princeton Survey Research Associates International named millennials the most underinsured generation. There are many reasons why people of all generations avoid purchasing insurance. It‘s often seen as a big investment, but that doesn’t necessarily mean that it’s an expensive one. In fact, insurance probably costs less than you think. For instance, according to the National Association of Insurance

Broad Form Personal Theft Insurance Broad Form Personal Theft Insurance covers the theft or loss of personal assets. DEFINITION of Broad Form Personal Theft Insurance Broad frorm personal theft insurance covers the theft or loss of personal assets. It can be placed on all personal property, and is on an all-risk basis meaning no matter whether the loss is from vandalism, theft or loss, the same coverage will apply. A limited form of broad form insurance is more commonly known as personal theft insurance. BREAKING DOWN Broad Form Personal Theft Insurance There are limitations on the coverage of personal assets which are most often subject to theft such as jewelry, coins and securities, among others. Personal assets insurance is commonly included in homeowners and auto insurance, however, additional insurance may be purchased. How Personal Theft Insurance Works This type of coverage is standard on homeowners and renter policies. The limitations and exclusions built into standar

Home and Auto Insurance Bundling - Saving on Insurance Bundling your auto and auto insurance policies under the same company is a convenient way to save hundreds on your insurance. More than half of Americans bundle their auto and home insurance. Those who aren't doing so are handing over more money to their insurers. Bundling your policies aren't always the best choice. You may get lower rates by buying separate policies from multiple companies, but it's a good idea to get a quote if you were to bundle policies. To find out if bundling is right for you, compare car insurance rates with and without bundling. What is bundling? Most insurance companies offer bundling discounts, which just means getting two policies from the same company. It's also called a multi-policy discount and you can find it on your policy's declarations page. Bundling has other advantages besides cheaper insurance: You deal with only one insurance company. You may be able to ma