Finance Globe

If you look at your car insurance statement and realize you are spending too much on coverage, it may be time to make a change. Do you really want to overpay, month in and month out?Although you may feel that you are stuck, nothing could be further from the truth. There are changes you can make to lower the cost of car insurance, subsequently saving money on a monthly basis.Here are five steps to consider:1. Contact...

Just because you are comfortable with your current car insurance agent and policy doesn’t mean you should never ask questions. It is your right to be informed, ensuring that you are getting what you pay for.Here are five questions to ask your current agent:1. Which discounts are being applied to my policy? Once you have the answer to this question, you can move onto something just as important: finding out if you qualify for additional discounts.Tip:...

The decision to leave your car insurance company for a competitor is never an easy one to make. This is particularly true if you have been a customer for a long period of time.While this may not be a move you are looking forward to, when everything is said and done you will look back and realize that you did what was best for you, your car, and your financial situation. Here are five times when...

Making the change from one car insurance provider to another can be a hassle. Not only do you have to compare your many options, but there is a lot of paperwork involved with the switch. However, the long term benefits may be too good to overlook.Why are you making a change? Here are a few of the most common reasons:Hoping to save money on the cost of coverageCurrent provider is no longer offering high quality customer...

Victims who were tricked by an alleged health care scam will be receiving refund checks in the mail thanks to efforts by the Federal Trade Commission.The FTC is sending out $1.1 million worth of checks to over 50,000 consumers, and recipients of the checks have 60 days to cash them. Victims of the purported scam fell were tricked into believing they were buying government-endorsed health insurance, when in fact they were paying for a worthless medical...

Another bad thing about losing a great job is losing your benefits, especially your health benefits. Medical debt is one of the leading causes of bankruptcy and losing your health insurance puts you at greater risk of problems with medical debt. It’s important that you remain insured, not just because of the risk of major medical bills, but also because a large gap in health insurance could be problematic when you try to get insured at...

Do you need renters insurance?If you’re renting a place to live - whether a house, townhome, or apartment - you may have wondered if you need to have renters insurance. Or you may be just starting out or otherwise feel that you own very little worth insuring. But you probably have much more than you realize. It’s unlikely that you went out in one day and purchased every single thing you need to make your place...

The truth about Medical Discount PlansThe Federal Trade Commission announced today that they’ve charged another defendant in an alleged health care scam. The FTC claims that the organization misled consumers into believing they were buying low-cost health insurance, when in fact, all the organization was offering was a medical discount plan.While a medical discount plan can benefit certain consumers, it is vastly different from a health insurance plan. Consumers should be aware of what type of...

It's just an unfortunate fact that health care costs are on the rise, and the cost of health insuranceis rising along with it. Millions of families currently go without any type of health care coverage, and health care costs are often at least partially responsible for about half of all bankruptcies. The leading reason for these families to go uninsured is simply the high cost of the insurance premium. When you don't have much expendable cash,...

Contributions to your HSAA Health Savings Account (HSA) can be a great health coverage option for the right person. In combination with a high-deductible health plan (HDHP), an HSA can offer flexibility, tax benefits, and catastrophic coverage. Once you have enrolled in an HSA-qualified HDHP, you can set up your HSA with the financial institution of your choice. Your health plan provider is required to have a trustee available for you to set up an HSA,...