Insurance Guide

Become an insurance expert in no time by skimming through the pages of our insurance guide. Learn what affects your auto insurance rates, how to save money by comparing quotes, and which insurance companies are the most reliable. Make sure to bookmark our “Insurance Guide” and to check back from time to time to see newly added articles and features.

What is UMPD Coverage? How Much Does It Cost?

Uninsured motorist property damage insurance (UMPD) covers vehicle repair and replacement costs after an accident with an uninsured driver. UMPD also covers vehicle repair and replacement costs in situations where the other driver was unknown – say, in a hit and run. Along with uninsured Read More…

What is UMBI Coverage? How Much Does It Cost?

Uninsured motorist bodily injury insurance, or UMBI, is a type of car insurance that covers injuries caused by uninsured drivers. UMBI also covers injuries in situations where the other driver is unknown – like with a hit-and-run accident. Approximately 1 in 7 drivers in America Read More…

Liability vs. Full Coverage: What’s the Difference?

When shopping for auto insurance, you need to decide whether you want liability coverage or full coverage. What’s the difference between liability and full coverage car insurance? Which one is right for you? Liability coverage protects other people from damage you inflict. If you cause Read More…

What Is Misrepresentation in Car Insurance?

When shopping for car insurance, you may hear the term ‘misrepresentation’ thrown around without fully understanding what it means. Misrepresentation is a type of car insurance fraud, and many people commit it without a full understanding of the potential consequences. It’s important to understand the Read More…

What is a Letter of Experience (For Insurance)?

A Letter of Experience can play a crucial role in the insurance process. A Letter of Experience, also known as a Letter of Claims Experience, may be required to prove your insurance history. If you are looking for a new insurance policy, or if you Read More…

What is Property and Casualty Insurance?

Car insurance is a type of property and casualty insurance. It covers certain aspects of your property (your vehicle) and your liability (casualty). Also known as P&C insurance, property and casualty insurance can get confusing. However, P&C insurance plays a crucial role in your life. Read More…

How to Get Witness Statements After a Car Accident

The moments after a car accident can be disorienting. It’s difficult to process what just happened and determine what the appropriate next step should be. One of the most important things to do in the moments following a car accident is to get witness statements. Read More…

What Happens If Your Car is a Total Loss?

A total loss insurance claim can be costly. If a car is declared a total loss, it means the repair cost exceeds the actual cash value of the car. What happens if your car is a total loss? What does it mean for your insurance Read More…

Do You Need Uninsured Motorist Coverage?

Uninsured motorist coverage covers certain damage if you collide with a motorist who doesn’t have insurance. In certain states, uninsured motorist coverage is required by law. In other states, uninsured motorist coverage is not required, although it may still be recommended. In this article, we’re Read More…

Does Credit Score Affect Your Car Insurance Rates?

Your credit score significantly impacts your car insurance premiums. A driver with good credit will pay less for car insurance than a driver with bad credit, all other things being equal. How exactly does your credit score impact car insurance rates? What other financial information Read More…

What Is Insurance Coverage?

Insurance coverage is the amount of risk or liability covered for an individual or entity through an insurance policy. Auto insurance, for example, provides coverage to your vehicle. Home insurance provides coverage to your house. Different insurance policies have different types of coverage. Coverage can Read More…

What is My Car Insurance Score?

Your car insurance score affects the price you pay for auto insurance. However, most drivers are unaware what their car insurance score is or how it works. Today, we’re explaining everything you need to know about auto insurance scores, including how to check your score, Read More…

What Is a Policyholder?

A policyholder is the individual who has insurance coverage and is covered by that insurance. If you have a car insurance or home insurance policy, for example, then you are the policyholder. You own the insurance policy and are protected according to the terms of Read More…

What Is Pre-Loss Condition?

Pre-loss condition refers to the condition of a property – like a home or a vehicle – before it was damaged. If your car was involved in a car accident, then the car’s pre-loss condition is whatever it looked like the moment before the accident. Read More…

What is Stacked Insurance Coverage?

When shopping for car insurance, you’re going to come across many new terms and concepts. One of these is the concept of stacking your insurance coverage. There are a few different ways that you can stack your insurance coverage to increase your potential payout in Read More…

What Is the Claims-Free Discount?

Auto insurance companies offer several different policy discounts to their customers. In fact, they offer so many discounts that it can be confusing for new customers to understand what they are or how to get them. One of the most common discounts you’ll encounter is Read More…

How Much Commission Does an Auto Insurance Agent Make?

Most people assume auto insurance agents make decent money, enjoy comfortable working conditions, and enjoy a relatively stress-free job. Though some auto insurance agents make upwards of six-figure per year, the vast majority are at least somewhat reliant upon their commissions. Upwards of one-quarter of Read More…

What is a Disappearing Deductible?

The act of a vanishing deductible is no magic trick. Instead, it is a tactic insurance companies use to lower or reduce your deductible each year as long as you have zero accidents on your record. For some motorists, a disappearing deductible is enticing. After Read More…

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