Now that we’ve talked about insurance for your car, your home, your life and your long-term care, it’s time to consider how to protect your paycheck when something bad happens. [More]
Welcome to the fourth installment in a “How To Not Suck…” series on buying insurance. Previous posts looked at auto insurance, homeowner’s coverage, and life insurance, and next week we’ll look at disability plans.
No one wants to think they’ll be unable to take care of themselves, but it’s likely to happen eventually, with one study saying there’s a 70% chance you’ll need some kind of care after age 65. Today, we’re thinking to the future. Long-term care insurance will help pay the bills should you need some kind of care, so you had better learn How To Not Suck… At Long-Term Care Insurance. [More]
This is the third post in a multipart “How To Not Suck…” series on insurance. Previous installments looked at auto insurance and homeowner’s coverage. Future posts will look at long-term care, and disability insurance.
If you make it through your house burning down and that car accident, you might think you’ve got a the nine lives of a cat. But those nine lives will run out eventually, so you had better learn how to not suck… at picking a life insurance policy. [More]
This is the second post in a multipart “How To Not Suck…” series on insurance. The first installment looked at the things you need to know about auto insurance, while upcoming installments will cover life, long-term care, and disability insurance.
Unless you’re a financial titan (or got your house on the cheap) your home is probably the biggest investment you’ll ever make, so don’t screw it up by not having the proper insurance. [More]
This is the first in a multipart “How To Not Suck…” series on insurance. Upcoming installments will cover homeowner’s, life, long-term care, and disability insurance.
Whether you just drove off the dealer’s lot in a shiny new vehicle or you’re puttering down the highway in an old clunker, you must protect yourself, others, and your two/three/four/eighteen-wheeled investment with auto insurance. [More]
Days after a judge signed off on the $300 million JPMorgan Chase forced-place insurance settlement comes news that Wells Fargo has reached a deal that would put a little bit of money back in the pockets of some homeowners who got stuck with overly expensive insurance policies by the bank. [More]
On Friday, a federal judge signed off on a settlement that will have JPMorgan Chase paying out at least $300 million to around 750,000 mortgage borrowers. It’s the first of what could be several large settlements with major lenders over the issue of forced-place insurance. [More]
Is it a case of following old rules, or a way to skirt paying part-time employees healthcare? That’s the question for Staples this week as a memo surfaced advising managers not to schedule part-time employees for more than 25 hours a week. Under the Affordable Healthcare Act, which takes effect next year, employees working more than 30 hours a week are considered full-time and eligible for affordable healthcare through their employer. [More]
There you are, sitting in your living room watching some TV when WHAM! An SUV comes roaring through the wall of your house. “Oh, honey, not again!” you mutter to your husband. Yes, again: One house in Indiana has had the misfortune of being struck by cars not once, not twice, but about 11 times in the last 30 years. [More]
Not all of us are perfect homemakers who have the uncanny ability to deck the halls of a house like something out of a pricy home decor catalog — things are inevitably going to go wrong when it comes to how your house handles the holidays. So what if those roasting chestnuts get a little out of hand — will your insurance cover it? [More]
If you have a mortgage but fail to keep current on your homeowners’ insurance, the bank will just go out and get a “forced-place” policy for you. Problem is, you’ll often pay top dollar for insurance that provides minimal coverage while the bank makes money on commissions from the insurer and fees charged to the homeowner. Now the Federal Housing Finance Agency is looking to make forced-place policies slightly less lucrative for lenders. [More]
Insurance companies will cover just about anything, but no legitimate insurer has come up with a plan to pay off your traffic tickets, mostly because that might seem like the insurer is tacitly encouraging illegal behavior. But that hasn’t stopped a handful of businesses from popping up, offering to reimburse you for traffic and parking tickets in exchange for a monthly fee. [More]
I don’t watch a lot of action movies, because I’m that Debbie Downer who’s always thinking about how much it must suck to be, say, a claims adjuster in Manhattan after the events of “The Avengers.” So I was glad that our colleagues down the hall at Consumer Reports raised an important question: does my insurance cover me in the event of a sharknado? [More]
In the movies, car thieves go for exotic sports cars with 6-figure price tags. In the real world, people who boost automobiles are more practical, as pickup trucks account for five of the ten vehicles with the highest rate of theft claims in the U.S. [More]
When you pay off your portion of a hospital bill, you might assume that you’ve fulfilled your financial obligation to the healthcare provider. That is, until nearly two years later when the hospital sends you a new invoice without any further explanation. [More]
The term “insurance” carries with it a boatload of connotations, so if you go into a UPS branch to ship a package and someone offers you “insurance” for a few extra dollars, you might think that you’ll be covered in case your shipment gets mangled along the way, but UPS employees are mis-using the term in order to upsell an add-on that doesn’t offer anywhere near the level of coverage one might expect. [More]
Smartphone replacement purgatory is a dreary and tragic state. When the tiny and fragile creatures called smartphones are defective, people who have come to depend on the pocket-sized computers and who are trapped in data plans are stuck. Their warranty or phone insurance plan might provide them with a replacement, and sometimes that replacement works fine. Other times, that replacement is just as their original phone, throwing the customer into a cycle of replacements that never ends. This is what happened to reader B. when she got a Motorola Droid less than two years ago. [More]