Last year, MGIC Investment Corp. was the top mortgage insurance company in the United States, with $1.32 billion in direct insurance premium written, per the III.
The Milwaukee-based insurance company claimed a healthy 24.2% of total market share and nearly doubled the volume of the second largest mortgage insurer.
Speaking of, PMI Group Inc., the second largest [...]
First things first, it is possible to buy life insurance for someone other than yourself.
There are really two reasons why people ask this question. One involves good intentions and the other…not so good.
The Good
Let’s discuss the “good” first. There are occasions where it makes sense for an individual to purchase life insurance for someone [...]
Similar to the concept of assigned risk insurance for property and casualty insurance, “guaranteed issue life insurance,” sometimes referred to as “simple issue life insurance,” is just that; a guarantee that a company will issue you a life insurance policy when you standard insurers will not offer you one.
It’s a novel idea, in that when [...]
We here at the TheTruthAboutInsurance regularly touch on the importance of shopping your insurance to ensure you receive a good deal.
At the same time, we point out the potential downside to insurer loyalty…especially when your decision to be loyal is based solely on a television advertising campaign.
If you watch television, you’ve certainly heard about State [...]
Every day in America, insurance agents find themselves answering this very question…and for good reason.
Homeowners are bowled over when a property they purchased for $200,000 is required to be insured for $300,000 or more.
You may be wondering how this is possible, especially in a market where home prices are falling daily.
Your Home Has Three [...]