Ride sharing and food delivery apps have become popular in the economy offering individuals flexible earning opportunities through platforms, like Uber Eats, DoorDash, Lyft and Uber. Despite the allure of independence and adaptability there’s an aspect to consider; insurance. Unlike employment arrangements that come with insurance coverage gig workers must ensure they have the insurance …Read More
Sticking it Out: Why Holding onto Your Auto and Home Insurance Might Be the Best Move (For Now)
You’ve likely seen the headlines: “Car Insurance Rates Soar!”, “Homeowners Insurance Costs on the Rise Again!” It’s a trend nobody enjoys, and for good reason. The cost of auto and home insurance has been climbing steadily over the past few years, squeezing budgets and leaving many wondering what to do. If you are a regular …Read More
Car Insurance Factors
Understanding the factors that determine your car insurance can be confusing at times. However, with clear knowledge, you can make informed decisions and potentially unlock significant savings. This article details the key factors influencing your car insurance premium, empowering you to take charge of your financial journey. Driving Record Your driving record is a primary …Read More
The Rising Risk of Uninsured Drivers
The rising cost of car insurance is a harsh reality for almost everyone. Unfortunately, the young drivers who can least afford it feel it the most. According to a recent Deloitte report, 45% of young Americans have thought about driving without insurance because of the financial burden, and 17% are already doing so. Driving without …Read More
Car Tech’s Effect on the Cost of Car Insurance
A few months back, we addressed some reasons why car insurance is on the rise. Today, we are expanding on that subject to talk specifically about the latest vehicle technology and how it affects car insurance premiums. The rising cost of car repairs following accidents is crazy. This increase is attributed to several factors, including …Read More