Monthly Archives: January 2012

How Much Do Insurance Agents Make?

January 30, 2012 9 Comments »

Insurance Q&A: “How much do insurance agents make?” Just like any other commission based sales job in the world, the sky is the limit as far as income goes for an insurance agent. However, it’s not that cut-and-dry. There are ... Read More »

How Much is Insurance for a New Driver?

January 25, 2012 No Comments »

Insurance Q&A: “How much is insurance for a new driver?” If you’re new to this country or have a newly licensed teen, you may be wondering how much auto insurance is going to set you back. The cost of insurance ... Read More »

How to Check If a Car Has Insurance

January 24, 2012 No Comments »

Wouldn’t it be nice if we could tell if a particular vehicle was insured just be looking at it? At least you would know which cars not to drive next to on the freeway, and which cars not to park ... Read More »

Where is the Geico Gecko From?

January 19, 2012 No Comments »

You’ve got to hand it to Geico. They take a completely boring product, insurance, and make it interesting. Of course, they do so by throwing non-sequiturs at you in the form of talking cavemen, flying pigs, musical money stacks, and ... Read More »

What Is a Waiver of Premium Provision?

January 17, 2012 No Comments »

Insurance Q&A: “What is a waiver of premium provision?” We purchase insurance with the idea that it’ll be there when we need it. But an obvious downside is that it doesn’t work if you don’t pay for it. So what ... Read More »

What is a Named Insured?

January 15, 2012 No Comments »

Insurance Q&A: “What is a named insured?” You may come across this term when you are shopping for insurance coverage. While there shouldn’t be any trouble figuring out who a particular named insured will be for an insurance policy, it’s ... Read More »

Usage Based Auto Insurance Gaining Traction, Lowering Premiums

January 12, 2012 No Comments »

Yes, we’re referring to popular new programs such as Progressive Snapshot. Usage based insurance (UBI) is quickly being adopted by large auto insurance companies as a means to select drivers they prefer to insure, while providing these customers with lower ... Read More »

What is Actual Cash Value Homeowners Insurance?

January 10, 2012 No Comments »

Insurance Q&A: “What is actual cash value homeowners insurance?” Actual cash value (ACV) is a loss settlement method designed to pay no more than the depreciated value of your home (and likely your personal belongings) in the event of a ... Read More »

Shop Your Car Insurance Annually. Loyalty Does Not Pay

January 9, 2012 No Comments »

Insurance companies make more money when they retain customers over the long term because the acquisition cost (to advertise and issue policies) is one of the largest expenses they incur. Once you become a customer, if you don’t file any ... Read More »

Is Life Insurance Tax Deductible?

January 3, 2012 No Comments »

Insurance Q&A: “Is life insurance tax deductible?” Who’s Asking? The answer depends on who’s asking. Generally, personal life insurance premiums are not tax deductible. So if you have a term life or whole life insurance policy, you are not able ... Read More »