Insurers and Policyholders in NH Recover from Northeastern Storms
With less than a month to go in hurricane season, New Hampshire regulators remain ready to assist residents who have already weathered several natural disasters in 2011.
The Atlantic hurricane system officially ends Nov. 30, according to the Insurance Information Institute (III), and that date likely cannot come too soon for many residents of the Granite State still recovering from Tropical Storm Irene in late August.
Irene killed dozens of people along the East Coast and inflicted as much as $5 billion in damages, according to III estimates.
How to cut home insurance costs
The basics
The first thing you need to know about home insurance is that there are two types: buildings and contents. They are separate entities and you can either search for two individual deals, or buy them as a joint policy from one source.
The latter can be a good idea because there are some great deals around. And if you end up in a situation where one incident affects both the building and its contents, such as a fire, there will be no issues as to who is paying for what. So, what’s the difference and how do you get the best deals?
Buildings insurance
This covers the actual structure of your home. Full Post…
Get extra credit on your driver’s license
Think of it as working ahead for extra credit: In some states, you can soften the blow of your next ticket before the cop even pulls you over.
Massachusetts, for instance, gives those with three years of clean driving a one-point break on their next violation. Virginia automatically cuts one demerit point for each year of ticket-free driving, and careful motorists can accrue points that may be applied to future tickets.
Virginia’s Department of Motor Vehicles offers this scenario, starring the usually careful “Molly:”
“For five years Molly followed all the safe driving rules and always obeyed the speed limit. S
Why Minnesota Car Insurance Rates May Soon Increase
Considering the number of insurance companies and how competitive the industry is, policy holders might expect premiums would be going down. That hasn’t happened, though, as rising insurance costs have been one of the effects of the economic downturn throughout the country. Rates have been following a steady upward movement for several years and Minnesota car insurance premiums are no exception.
Combining Auto Insurance Isn’t Always the Best Alternative for Married Couples
Few people find anything romantic in the idea of combining auto insurance policies, but being able to do so is one of the perks of getting married. Just don’t let anyone accuse you of lacking in the romance department just because you’re as excited about saving money as you are about tying the knot. The amount of money you stand to save when you and your spouse buy auto insurance as a married couple can be significant. Still, there are some scenarios where combining policies could be a bad idea.
One of those scenarios is if your “better half” has a lousy driving record. Forget