Q&A
Asked by Edna
Answered by Donn Sharer
CFP ChFC CLU in Millstone Township, NJ
CFP ChFC CLU in Millstone Township, NJ
The short answer is "not really". Rules of
thumb often provide useful shortcuts for us
Edna. They can also be misleading, especially
if your situation deviates from t...
Q&A
Asked by Martha
Answered by Scott Nelson
Insurance Agent in Atlanta, GA
Insurance Agent in Atlanta, GA
It sounds like your son is confusing health
insurance rules with auto insurance rules.
Most insurance companies look at who owns the
vehicles and who lives in the hous...
Q&A
Asked by Kathleen
-
Upvote 13
Gordon is right.
If you have more than one
term policy, it is a good idea to consolidate
term into one policy. There is a "volume
discount" or banding at $250k, $5...
Q&A
Asked by Gina
Answered by Fran Chamberlain
Insurance Agent in Nanuet, NY
Insurance Agent in Nanuet, NY
The answer depends on whether your vehicle was
hit or whether you hit another vehicle. If
your vehicle was hit by another vehicle and
you cannot submit a claim throug...
Q&A
Asked by Katie
Answered by Chrissy Blake Lowe
Insurance Agent in Chandler, AZ
Insurance Agent in Chandler, AZ
Earthquake insurance is optional. In some
states it is a separate policy you purchase,
in others it is an endorsement added to your
homeowners insurance.
Q&A
Asked by Tony
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Upvote 14
- |
Tony, If you think that you may ever need
life insurance to help provide for our family
then getting started sooner rather than later
will help to create a lower prem...
Q&A
Asked by Michael
It depends mainly on your risk tolerance. I
have some wealthy clients who carry low
deductibles. They could easily absorb the
extra deductible amount - but, they sti...
Q&A
Asked by Lynn
Answered by Fran Chamberlain
Insurance Agent in Nanuet, NY
Insurance Agent in Nanuet, NY
Yes, it is recommended as the cost of long
term care increases approximately 5% on an
annual basis. Most long term care quotes
automatically include inflation protect...
Q&A
Asked by Brady
Answered by Nancy Greenwood
Insurance Agent in Methuen, MA
Insurance Agent in Methuen, MA
Businesses and residences qualify for
coverage. Buildings and Contents qualify for
insurance. However, if your business or home
is below ground level there is usuall...
Q&A
Asked by Erin
I concur with Greg - most insurers will want
one that is fairly current - within the last
couple years if it is over a certain value.
It's not a bad idea to get ...
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