March 2013

Updating Your Insurance Coverage..Are You Doing It?

It’s so easy to get caught up in this. It happens on every possible type of insurance but let’s take the example of my home insurance policy. I bought the policy a few years ago and had coverage worth $250,000. That was enough to cover anything that could happen really and there was no point in getting more than that. Things Do Change Though In the past few years, my house’s value has increased by 100K and I have also purchased many expensive items and some furniture. The basic problem is that if something did end up happening, there’s no

Insurance Shopping In The 21st Century.. I Like Where This Is Headed

As I’ve written about in the past, there are plenty of things I would like to see changed in the insurance market. Two important things are having: –a more uniform set of rules between states and provinces – this would make it much easier to bring in more competition between companies, for companies to operate in all 50 states and perhaps in all of Canada as well. I doubt we’ll ever get there but if get closer to it, it would be a huge positive –more transparency in rates: I think it’s reasonable to be able to search for insurance in similar

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