Property Insurance
- Automobile as Part of Property Insurance When shopping to insure your automobile, consider road testing at least four types of policy features. This page will familiarize you with the standards of each feature.
- Extending Property Insurance Over the last decade, we’ve seen a dramatic increase in judgments of $1 million or more awarded to plaintiffs against individuals. In this litigious society, no one is immune from potential lawsuits. Fortunately, there is a way to shield yourself. You can supplement both your auto and homeowners policies with excess liability insurance, or an "umbrella policy".
- History of Property Insurance Long ago, we figured out there is strength in numbers. For hundreds of years, people have been joining forces against all kinds of calamities — including financial troubles.
- House Insurance Buying a home is the biggest financial commitment most people will make in their lifetime. It makes sense to protect that investment against unforeseen circumstances and against the wrath of nature. We've all seen the pictures on the news of damage caused by fire, flood, earthquakes, mudslides and other natural disasters. Most homeowners choose to buy a house insurance policy to cover the cost of rebuilding their home should disaster strike. A good homeowner's insurance policy will also cover the possessions in the home against theft and damage.
- Increasing Your Property Insurance Coverage If you’re on a fixed income, chances are you wouldn’t have the time or resources to recover from a personal injury lawsuit of $1 million or more. Yet studies show that juries have become increasingly sympathetic to plaintiffs in personal injury cases, making the chances of facing such a lawsuit all the more real.
- Optimizing Life Insurance Coverage Understanding the threat of estate taxes on your life insurance proceeds is your first step in protecting these funds from unnecessary taxation. The next steps are determining the appropriate ownership of your policy and selecting an appropriate beneficiary. While there are other alternatives, the life insurance trust can help avoid potential threats to the policy’s proceeds.
- Postponing Retirement More than 2 million American households will have to postpone retirement due to recent economic conditions, a 2003 survey found. Nine out of 10 survey respondents (earning at least $75,000 per year) said their portfolios lost value; 73 percent expected that it would take at least three years for their portfolios to return to the levels they saw at the peak of the bull market.
- Property Insurance as Claimant As good a system as insurance is, it isn’t perfect. Masses of people, mountains of paper and myriads of problems must be processed daily and hourly by the best of companies. Everything seems to go smoothly as long as all you have to do is pay your premiums. But when it comes time to file even a small claim, you are treated as an adversary. You can still make the system work. You just have to take a few steps to make your position clear. Don’t be afraid to challenge any denial or unfair settlement.
- Property Insurance Importance Increases "Holding down the fort" used to be a matter of muskets and maybe a guard dog or two. In our modern age, the gun and dog have been replaced by insurance — particularly homeowners insurance. With the increasing need for homeowners insurance, it is startling to consider that 76 percent of Americans are improperly insured, according to a study by Marshall and Swift.
- How Can I Upgrade My Insurance — Tax-Free with an Annuity? Responding to the changing needs of consumers, the life insurance industry has developed some exciting alternatives. These alternatives go much further in satisfying a variety of financial needs and objectives than traditional types of insurance and annuities.
