premiums http://www.wisebread.com/taxonomy/term/15623/all en-US 5 Common Medicare Myths, Debunked http://www.wisebread.com/5-common-medicare-myths-debunked <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-common-medicare-myths-debunked" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/medicare_application_form_with_stethoscope.jpg" alt="Medicare application form with stethoscope" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>There is no larger health insurance program in the United States than Medicare. According to the Centers for Medicare &amp; Medicaid Services, more than 57 million people were receiving health benefits through the program as of March 2017.</p> <p>But just because millions are on Medicare doesn't mean that most people, especially those who have yet to hit 65, understand how this government program works. Most people instead believe several easily debunked myths about what Medicare does, how financially healthy it is, and what it doesn't do.</p> <h2>1. Medicare won&rsquo;t be around for me</h2> <p>You might worry that Medicare won't be around to cover your health care needs by the time you retire. Here's some good news: Medicare is not broke ... yet.</p> <p>The Medicare program had about $200 billion in reserves at the end of 2015. So the program does have money.</p> <p>There is some concern, though. Medicare is projected to run a surplus every year through 2020, when a growing number of Baby Boomers will start retiring. This means that Medicare will then run at an annual deficit beginning in 2021. If nothing is done to prevent this, the program will exhaust its reserves by the year 2028.</p> <p>That will be a big problem if it is allowed to happen. There are possible solutions, though, even though they will require some financial pain. The most obvious one would be to raise Medicare taxes. That won't make anyone happy, but it is the simplest way to ensure that Medicare does have enough dollars to cover all of its beneficiaries.</p> <h2>2. There's only one type of Medicare</h2> <p>Medicare is a complicated system. In fact, there are actually <em>four </em>types of Medicare coverage.</p> <p>Medicare Part A and Part B are part of what is known as original Medicare. Medicare Part A, known as hospital insurance, covers inpatient care received at hospitals and nursing facilities. Part B covers services and supplies that you need to treat health conditions. This part of Medicare covers outpatient care, preventive services, ambulance rides, and medical equipment.</p> <p>Medicare Part C is a bit more complicated: It's the part of the program that makes it possible for private health insurance companies to provide Medicare private health plans &mdash; in the form of HMOs and PPOs &mdash; known as Medicare Advantage Plans. You can elect to receive your medical benefits through a combination of Medicare Part A and Medicare Part B or from one of these private Advantage Plans. (See also: <a href="http://www.wisebread.com/8-tips-for-getting-the-most-out-of-your-medicare-plan?ref=seealso" target="_blank">8 Tips for Getting the Most Out of Your Medicare Plan</a>)</p> <p><a href="http://www.wisebread.com/how-to-compare-medicare-part-d-plans-a-beginner-s-guide" target="_blank">Medicare Part D</a> subsidizes the cost of your prescription drugs. This part of the program is often referred to as the Medicare prescription drug benefit.</p> <h2>3. You'll never have to pay for health insurance once you're on Medicare</h2> <p>Medicare will cover much of your health insurance needs. But there are some costs that you'll still need to cover on your own.</p> <p>For instance, Medicare does come with deductibles that you must pay before the insurance kicks in. These deductibles can change each year. For 2017, Medicare Part A comes with a $1,316 deductible per benefit period for your hospital stays. This means that if you do end up in the hospital, you'll have to pay this amount out of your own savings before Medicare will cover the rest of your expenses.</p> <p>Medicare Part B has a deductible of $183 for 2017. Again, you'll have to pay this amount before your Medicare coverage kicks in. And even after Part B coverage begins, you'll still have a copay. Medicare Part B generally covers 80 percent of your medical services. You'll have to cover the remaining 20 percent of these costs on your own.</p> <p>There are also coinsurance payments. If you must stay in a hospital for more than 60 days, you'll have to make a coinsurance payment for your Medicare Part A benefits.</p> <h2>4. Medicare covers all my medical needs</h2> <p>There are some medical services that Medicare does not provide any coverage for. Unfortunately, these services aren't exactly frivolous ones.</p> <p>Medicare does not provide dental coverage. It also doesn't pay for vision examinations for glasses. You can't rely on Medicare to cover the costs of dentures or hearing aids. And if you need long-term care, Medicare again won't provide coverage.</p> <p>You can purchase specialized insurance programs to cover these medical expenses. But you'll have to pay for the plans on your own. (See also: <a href="http://www.wisebread.com/is-long-term-care-insurance-worth-it?ref=seealso" target="_blank">Is Long Term Care Insurance Worth It?</a>)</p> <h2>5. I won't have to pay any premiums for Medicare</h2> <p>Most people won't pay any monthly premiums for their Medicare Part A coverage. That's the good news. The bad news? You will pay a monthly premium for Medicare Part B.</p> <p>As of 2017, the Part B premium stood at $134 a month. Medicare, though, says that most people who get Social Security benefits pay less than that, for an average monthly premium of $109. This premium is usually deducted directly from your Social Security benefits. You won't be writing a check each month, but you'll still be paying for that Part B coverage.</p> <p>You'll also have to pay a premium each month if you elect to sign up for a Medicare Part C plan. These premiums will vary depending on your plan. Medicare Part D comes with a monthly premium, too, though this will vary according to your specific plan.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F5-common-medicare-myths-debunked&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F5%2520Common%2520Medicare%2520Myths%252C%2520Debunked.jpg&amp;description=5%20Common%20Medicare%20Myths%2C%20Debunked"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/5%20Common%20Medicare%20Myths%2C%20Debunked.jpg" alt="5 Common Medicare Myths, Debunked" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/5-common-medicare-myths-debunked">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-one-question-you-need-to-answer-to-choose-the-best-health-care-plan">The One Question You Need to Answer to Choose the Best Health Care Plan</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/health-insurance-how-to-fight-back-against-4-common-claim-denials">Health Insurance: How to Fight Back Against 4 Common Claim Denials</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/women-pay-more-for-health-care-heres-how-to-pay-less">Women Pay More for Health Care — Here&#039;s How to Pay Less</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-the-self-employed-can-cut-health-care-costs">How the Self Employed Can Cut Health Care Costs</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-your-group-life-insurance-is-not-enough">Why Your Group Life Insurance Is Not Enough</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Health and Beauty Insurance coverage deductibles health care medical medicare myths premiums retirement social security Thu, 05 Oct 2017 08:00:06 +0000 Dan Rafter 2030973 at http://www.wisebread.com 7 Times to Update Your Homeowners Insurance http://www.wisebread.com/7-times-to-update-your-homeowners-insurance <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-times-to-update-your-homeowners-insurance" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/beautiful_couple_relaxing_at_home_and_loving_their_pet.jpg" alt="Beautiful couple relaxing at home and loving their pet" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>When you took out your mortgage loan, your lender required you to sign up for a homeowners insurance policy. Chances are, you haven't thought much about this policy since.</p> <p>That might be a mistake. You should review your homeowners insurance policy whenever you make changes to both your home and your lifestyle. Doing so could save you money in the form of valuable discounts. (See also: <a href="http://www.wisebread.com/8-surprising-things-covered-by-homeowners-insurance?ref=seealso" target="_blank">8 Surprising Things Covered by Homeowner's Insurance</a>)</p> <p>And not reviewing your insurance policy when you make these changes might leave you with inadequate financial protection should a fire or other disaster damage your home or a thief steal your valuables.</p> <p>Here are the times when it's wise to review your homeowners insurance policy.</p> <h2>1. You've remodeled your home</h2> <p>If you've updated your 1970s-era kitchen, added a master-bedroom suite, or completed another large remodeling job, it's smart to call your homeowners insurance agent. That's because a major remodeling job could increase the value of your home. And this could make it more expensive to rebuild your home should disaster strike.</p> <p>You might need additional coverage after a remodel to make sure that your policy will pay for the entire rebuild of your now more-valuable residence.</p> <h2>2. You've purchased big-ticket items</h2> <p>Your homeowners insurance policy will cover the loss of valuables inside your home if a thief steals them. But if you've recently purchased big-ticket items such as pricey artwork, jewelry, furs, or electronics, it's time, again, to call your insurance agent.</p> <p>You'll want to make sure that you have enough insurance to cover the replacement value of these expensive items. If you don't update your insurance policy, you risk coming up short.</p> <h2>3. You've stopped smoking</h2> <p>Kicking the smoking habit is a smart move for your health. But it can also save you money in the form of lower homeowners insurance payments.</p> <p>Most insurers will reduce the premiums of your policy &mdash; at least by a bit &mdash; if you don't smoke. Smokers are riskier to ensure. The chance of a fire damaging or destroying your home is higher if you smoke. If you've stopped, contact your insurer to see if you're eligible for a reduced premium.</p> <h2>4. You've retired</h2> <p>Retirement might come with an insurance discount, too. The Insurance Information Institute says that some companies offer discounts of as much as 10 percent to retirees who are at least 55 years old.</p> <p>Why? Retired people usually spend more time at home. They're more likely, then, to spot the signs of a fire before it gets out of control. They're also less likely to be burglarized and have more time to spend on maintaining their homes. If you've left the working world, it's time to call your insurance agent.</p> <h2>5. You've added an alarm system</h2> <p>Adding an alarm system makes it less likely that a thief will break into your home. It can also bring you a lower homeowners insurance premium. After installing your system, call your homeowners insurance company. The Insurance Information Institute says that a new alarm system can usually save you about 5 percent in premiums each year.</p> <h2>6. You've added a swimming pool</h2> <p>Some changes can actually increase the cost of your homeowners insurance policy. One of these is adding a swimming pool. You'll be liable if someone is injured or drowns while using your swimming pool. This holds true even if the person using your pool didn't get your permission first. (See also: <a href="http://www.wisebread.com/9-surprising-things-your-homeowners-insurance-doesnt-cover?ref=seealso" target="_blank">9 Surprising Things Your Homeowners Insurance Doesn't Cover</a>)</p> <p>Insurance companies take on more risk when insuring homeowners with swimming pools, and will often increase their premiums.</p> <p>You might be tempted to keep your swimming pool a secret from your insurer. Don't. If someone is injured in your pool and sues you, your insurance company won't pay out if you added the pool without its knowledge.</p> <h2>7. You've bought a dog</h2> <p>Your homeowners insurance policy will most likely cover you if your dog bites someone on your property. But, again, you'll have to inform your insurer about your new pet to guarantee this protection. Again, your rates might rise, but keeping your new pooch a secret could cost you in the long run. (See also: <a href="http://www.wisebread.com/beware-your-insurance-may-not-cover-these-8-losses?ref=seealso" target="_blank">Beware: Your Insurance May Not Cover These 8 Losses</a>)</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" data-pin-save="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F7-times-to-update-your-homeowners-insurance&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F7%2520Times%2520to%2520Update%2520Your%2520Homeowners%2520Insurance.jpg&amp;description=7%20Times%20to%20Update%20Your%20Homeowners%20Insurance"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/7%20Times%20to%20Update%20Your%20Homeowners%20Insurance.jpg" alt="7 Times to Update Your Homeowners Insurance" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/7-times-to-update-your-homeowners-insurance">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-other-kinds-of-insurance-you-may-need-to-buy-for-your-home">7 Other Kinds of Insurance You May Need to Buy for Your Home</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-unexpected-things-covered-by-homeowners-insurance">11 Unexpected Things Covered by Homeowners Insurance</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-let-your-bank-pick-your-homeowners-insurance">Don&#039;t Let Your Bank Pick Your Homeowner&#039;s Insurance</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-buy-a-house-with-a-pool-until-you-can-answer-these-7-questions">Don&#039;t Buy a House With a Pool Until You Can Answer These 7 Questions</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-money-moves-to-make-after-buying-your-first-house">6 Money Moves to Make After Buying Your First House</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance Real Estate and Housing big purchases big ticket items homeowners insurance new dogs pools premiums remodeling retired security alarm Tue, 12 Sep 2017 08:30:10 +0000 Dan Rafter 2019187 at http://www.wisebread.com Here's How a Claim Will Impact Your Car Insurance http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/heres-how-a-claim-will-impact-your-car-insurance" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-475427309.jpg" alt="Man learning how a claim will impact car insurance" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>You sideswiped a parked car. Or maybe you slammed on the brakes too late and rear-ended the driver ahead of you. Whatever happened, the accident is clearly your fault. Now it's time to give your insurance a call.</p> <p>When you file a claim, your auto insurer will pay for the repairs to your vehicle and, if you are at fault in the accident, whatever repairs are needed for other vehicles involved in the collision. Your insurer might also pay for any injuries suffered by you or other drivers.</p> <p>But filing a claim also comes with a negative: In most cases, it will cause your insurance rates to rise. How much your policy's rate rises depends on a host of factors.</p> <h2>Mitigating Factors</h2> <p>On its website, Geico says that drivers' rates don't automatically rise after an accident. Instead, the insurer looks at several factors before deciding whether to issue a rate increase. These include your driving record, the number of claims you've made in the past, and the amount of money that the insurer has paid out to you during the life of your insurance policy.</p> <p>Esurance also states that insurance rates don't automatically jump after an accident. The company says that minor accidents and fender benders don't always equal a rate increase, especially if you have a record of safe driving.</p> <p>Fault matters, too, of course. Esurance says that if you weren't at fault in an accident, your premium might not jump.</p> <h2>When Are Rates Most Likely to Jump?</h2> <p>Both Geico and Esurance say that premiums are more likely to increase if you are found at fault in a major accident. Again, your past driving record plays a big role in determining not only if your rate jumps after a major accident, but by how much.</p> <p>Your insurer, though, might increase your rate even if you weren't the driver who caused the accident. That's because car insurers have determined that even after an accident that isn't your fault, you are still statistically more likely to get into another accident. This makes you more of a risk to your auto insurer.</p> <p>Some states regulate how much of an increase you'll see after an accident, no matter who was at fault. Consider New York. Here, insurance companies can boost rates only if you were found at fault in an accident that caused injuries or more than $2,000 in property damage. In Massachusetts, insurers can only raise your premiums if you are found to be more than 50 percent at fault in an accident.</p> <p>You might also live in what is known as a no-fault state. In these states, each driver's insurer pays part of the costs involved in an accident, no matter who caused the incident. If you live in a no-fault state and file a claim, odds are that your insurance premium will rise even if the other driver was the cause of your accident.</p> <h2>How Long Before Your Rates Fall Again?</h2> <p>Fortunately, a rate increase isn't permanent. Esurance said that several factors play a role in how long your insurance premiums will remain at an elevated level after an accident. These include the severity of the accident, who was at fault, and whether alcohol was involved.</p> <p>Some states will regulate how many years back insurers can look when calculating premiums. In Massachusetts, drivers' at-fault accidents can only impact their auto insurance rates for three to five years.</p> <p>In general, you can expect your elevated rates to remain in place for three to five years.</p> <h2>How Much of an Increase Will You See?</h2> <p>Here's the big question: How much will your insurance rates rise after an accident? Again, this depends on a host of factors: Who caused the accident, were people injured, was there significant property damage, was speeding involved, were you drinking?</p> <p>A 2016 report by NerdWallet found that rates typically rise by $300 or less a year for an accident that you caused resulting in under $2,000 worth of damage. That rate increase jumps to $300&ndash;$600 a year if you cause an accident with $2,000 or more in property damage. If you cause an accident that results in any human injury, your rates will typically increase by $400&ndash;$800 a year.</p> <p>And if you are found at fault in multiple accidents causing $2,000 or more in property damage, your rates could rise by $1,000 or more a year.</p> <p>If your rate is going to rise, it won't come as a surprise. Insurers will notify you of any upcoming increase. Geico, for instance, says it will send you information about any rate increases about 30 days before your policy is up for renewal. At that point you can shop around to see if another company might give you a better rate.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-reasons-you-should-buy-the-rental-car-insurance">6 Reasons You Should Buy the Rental Car Insurance</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-things-you-should-know-about-rental-car-insurance">3 Things You Should Know About Rental Car Insurance</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-tips-to-save-on-car-insurance">4 Tips to Save on Car Insurance</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-pay-as-you-drive-auto-insurance-worth-it">Is Pay-As-You-Drive Auto Insurance Worth It?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-times-you-shouldnt-file-an-insurance-claim">7 Times You Shouldn&#039;t File an Insurance Claim</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation Insurance accidents at-fault auto insurance crashes fender benders no-fault premiums rate increase Fri, 17 Mar 2017 11:00:11 +0000 Dan Rafter 1909972 at http://www.wisebread.com Why Your Group Life Insurance Is Not Enough http://www.wisebread.com/why-your-group-life-insurance-is-not-enough <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/why-your-group-life-insurance-is-not-enough" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-516008468.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>You've done it &mdash; you've finally landed a job that offers amazing benefits such as free life insurance. While employer-offered life insurance (also called group life insurance) is worthwhile, it shouldn't be your only source of insurance.</p> <h2>How Do I Get Group Life Insurance?</h2> <p>Many employers will offer a free level of life insurance for employees. Depending on your place of work, this can cover anywhere from $25,000 to your base pay. Since this is a free option, all employees should sign up for the benefit. It's free money if something were to happen to you. However, don't let that be your only coverage. (See also: <a href="http://www.wisebread.com/5-reasons-why-life-insurance-isnt-just-for-old-people?Ref=seealso" target="_blank">5 Reasons Why Life Insurance Isn't Just for Old People</a>)</p> <h2>Is Group Life Insurance Enough?</h2> <p>If you are single, a $25K &mdash;$50K check sounds like a nice chunk of change for your parents or other loved ones you leave behind. However, in most cases &mdash; yes, even for single people &mdash; it's simply not enough. Final expenses can be greater than you think. Funerals can range in price, but a recent survey by the National Funeral Directors Association found a median price of $7K.</p> <p>Furthermore, if your private student loans, mortgage, or car loans have a co-signer, then that co-signer will be stuck with your debt after you die. To avoid this, you can either remove co-signers from loans through refinancing, or purchase term life insurance that will cover the cost of your remaining debt.</p> <p>For healthy, young individuals that do not need much coverage, term life insurance rates are very affordable, with some policies costing less than $20 a month. But for individuals who are married and/or have children, you'll likely need more coverage, To calculate how much coverage you need, add up the following:</p> <ul> <li>Funeral cost;<br /> &nbsp;</li> <li>Cost of paying off any debt not forgiven upon death;<br /> &nbsp;</li> <li>Time you want your loved ones to have income and not worry about work &mdash; for example, even if your spouse works full-time in a successful career, they might need several months to grieve your loss;<br /> &nbsp;</li> <li>Future college costs or other child-rearing expenses.</li> </ul> <p>For many families, the total will be around seven to 10 times your annual paycheck.</p> <h2>Can I Get Supplemental Life Insurance Through an Employer?</h2> <p>Many employers will offer supplemental life insurance for purchase. Since you are purchasing the policy through your employer, it could be slightly cheaper than purchasing individual life insurance. However, your company technically owns the policy. Therefore, if you quit or are fired, your group life is gone, too. Some employers will give you the option to continue carrying the policy after you leave, but it will be at a higher price.</p> <h2>Individual Life Insurance Versus Group Life Insurance</h2> <p>While signing up for free group life insurance is a must, it is much better to sign up for supplemental term life insurance individually. The policy will stay with you even if you move jobs. Furthermore, you can lock in a low premium now when you are still young and healthy.</p> <p>Say you were to secure a low-cost policy with your employer's group life insurance at the young age of 25. Your rates should be quite low. Now fast forward eight years. You want to quit your job and have your own term life insurance policy. You will still get a great rate because you are under 40, but your monthly premium will be more at 33 than it was at 25.</p> <p>To sum it all up, cash in on your employer's free group life insurance perk, but also secure term life insurance when you are still young. This will allow you to lock in the best rate possible.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-eneriz">Ashley Eneriz</a> of <a href="http://www.wisebread.com/why-your-group-life-insurance-is-not-enough">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/term-vs-whole-life-insurance-heres-how-to-choose">Term vs Whole Life Insurance: Here&#039;s How to Choose</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-should-single-people-get-life-insurance">When Should Single People Get Life Insurance?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-common-medicare-myths-debunked">5 Common Medicare Myths, Debunked</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-times-when-its-okay-to-drop-insurance">6 Times When It&#039;s Okay to Drop Insurance</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/new-job-dont-make-these-7-mistakes-with-your-benefits">New Job? Don&#039;t Make These 7 Mistakes With Your Benefits</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance beneficiaries benefits coverage dependents employers life insurance premiums Tue, 31 Jan 2017 11:00:10 +0000 Ashley Eneriz 1877983 at http://www.wisebread.com Is Pay-As-You-Drive Auto Insurance Worth It? http://www.wisebread.com/is-pay-as-you-drive-auto-insurance-worth-it <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/is-pay-as-you-drive-auto-insurance-worth-it" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_driving_car_540836094.jpg" alt="Woman learning if pay-as-you-drive auto insurance is worth it" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Don't drive much throughout the year? Your wallet may be in luck, in more ways than one. Pay-as-you-drive car insurance plans (also known as usage-based car insurance plans) can provide a money-saving solution for drivers who don't drive often. Each month, your rate will vary based on how much you drive. The less you drive, the more you'll save.</p> <h2>How Does the Plan Work?</h2> <p>These unique auto insurance options work a bit like pay-per-minute cellphone plans, where you're only charged for what you use. In order to accurately determine how much you're driving, you will receive a small wireless device that plugs into your vehicle's OBD-II port. This will alert your insurance company to how many miles you drove, so they can determine your monthly bill.</p> <h2>Who Qualifies?</h2> <p>Pay-as-you-go insurer <a href="http://www.tkqlhce.com/click-2822544-12479902-1459881208000" target="_blank">Metromile</a> estimates that if you drive less than 200 miles per week, you can save money with their pay-per-mile insurance plans. They also found that if you drive less than 5,000 miles a year, you could pay 40%&ndash;50% less than you would with a traditional insurance plan. In fact, they estimate that 65% of drivers are overpaying for their insurance. These types of plans are especially beneficial to drivers who don't drive very often and people who are paying high insurance rates due to their age or credit history.</p> <h2>How the Pricing Works</h2> <p>Once you enroll, you will pay a low monthly base rate, plus a charge per mile of driving. Through Metromile, if you drive more than 150 miles per day (or 250 per day in Washington), you won't be charged for the extra miles above the cap, which means you won't overpay on a long trip. Other factors can also affect your rate, including age, vehicle, and driver history.</p> <h2>How Much Can You Save?</h2> <p>Many drivers will limit their coverage in order to save money when they don't drive often. However, this can end up costing you more in the end if you <em>do</em> get in an accident. Instead, a pay-as-you-drive plan can provide the coverage you need and save you money every month.</p> <p>Some insurers claim that you will save anywhere from 20%&ndash;50% on your premium, and certain providers will even offer an immediate discount just for installing the tracking device to your vehicle's onboard diagnostics port. You can get an accurate idea of how much you can save by comparing your current auto insurance costs to what you would spend using a simple plan, like those that Metromile offers.</p> <p>As an example, we will use Metromile's estimate of $46 per month, which includes a $30 flat monthly rate and 500 miles driven x $0.032 per mile. According to the National Association of Insurance Commissioners, the national <a href="http://www.dmv.org/insurance/average-car-insurance-rates.php" target="_blank">car insurance average</a> rate is just over $900 per year for a single driver. Compared to the $552 per year that you would spend on pay-as-you-drive plans, you'll save about $350 per year if you drive 500 miles per month, on average.</p> <h2>Who Offers It?</h2> <p>Progressive, Allstate, State Farm, Travelers, Esurance, Nationwide, The Hartford, Safeco, American Family, and GMAC are some of the bigger insurance companies that offer these types of plans, but many have additional stipulations. For instance, Progressive also monitors what type of driver you are by also collecting information about how hard you brake, how much you accelerate, and your driving patterns. Insurance companies like Metromile only monitor how many miles you are driving.</p> <h2>Is It Right for You?</h2> <p>Along with deciding whether to sign up for this type of plan, you will also need to find the right insurance provider. Sites like <a href="http://www.carinsurance.com/Articles/pay-as-you-drive-discounts.aspx" target="_blank">carinsurance.com</a> can help you determine what type of discount you can expect, what's measured, and what's available in your state.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-cannon">Andrea Cannon</a> of <a href="http://www.wisebread.com/is-pay-as-you-drive-auto-insurance-worth-it">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/repair-the-car-or-spend-the-cash">Repair the Car or Spend the Cash?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-times-when-bundling-insurance-doesnt-make-sense">4 Times When Bundling Insurance Doesn&#039;t Make Sense</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-mistakes-to-avoid-when-shopping-for-car-insurance">6 Mistakes to Avoid When Shopping for Car Insurance</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance">Here&#039;s How a Claim Will Impact Your Car Insurance</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-tips-to-save-on-car-insurance">4 Tips to Save on Car Insurance</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation Insurance car insurance mileage pay as you drive premiums rates savings usage based car insurance Mon, 09 Jan 2017 10:30:23 +0000 Andrea Cannon 1869650 at http://www.wisebread.com 6 Times When It's Okay to Drop Insurance http://www.wisebread.com/6-times-when-its-okay-to-drop-insurance <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-times-when-its-okay-to-drop-insurance" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_summer_happy_000034797820.jpg" alt="Woman learning when it&#039;s ok to drop insurance coverage" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>If you really want to be safe, you could buy insurance for just about everything in your life. You can insure your car, home, life, possessions, and can even buy insurance to cover your funeral costs. But with all of that money going out the door, you might not have enough left over to enjoy those things you're insuring.</p> <p>Sometimes, the costs of insurance outweigh the benefits, and the money spent on premiums could be better spent elsewhere. Here are six times when it's worth considering dropping insurance coverage.</p> <h2>1. Collision Coverage</h2> <p>Collision coverage protects your car if it's damaged or suffers a total loss in an accident. If you're still paying off or leasing a car, your lender may require such coverage until you own the car outright.</p> <p>But because vehicle values depreciate every year, the insurer will only pay up to the actual cash value of your car after you've paid the deductible. A vehicle's condition is also factored, so knowing every year your car's actual cash value &mdash; or Blue Book value &mdash; can help you determine if you should drop collision coverage.</p> <p>One rule of thumb is to skip collision coverage if the vehicle's cash value drops below $4,000. The cost of insurance for a low value car could cost more than the total vehicle repair and replacement costs in an accident.</p> <p>Another rule is that if collision insurance costs more than 10% of the value of the car, then it's worthwhile to drop it and put that savings aside for a new car. For example, if collision coverage costs $200 a year on a car valued at $2,000, it's worth keeping the premium for yourself.</p> <p>However, if you don't have enough money set aside to pay for a major vehicle repair after an accident, then you may want to keep collision coverage.</p> <p>With or without collision coverage, you'll still need liability insurance to cover repairs to property damaged by your car in an accident.</p> <p>You also may want to consider where you're driving before dropping collision insurance. Some areas aren't as safe as they might seem, according to Auto Insurance Center. Some rural areas are <a href="http://www.autoinsurancecenter.com/americas-deadliest-driving-counties-and-states.htm">more deadly to drive in</a> than urban areas, the site found.</p> <h2>2. Comprehensive Auto Insurance</h2> <p>This type of auto insurance is usually sold together with collision coverage. Your insurance company may require having both. A comprehensive-only policy may be limited to special circumstances, such as for a classic car that's rarely driven.</p> <p>Comprehensive coverage covers you if the car is stolen, vandalized, or is damaged by fire, weather, natural disasters, or acts of God. It also provides coverage if you hit a house in a one-car accident, a deer or other animal runs into your car, you hit a fence, or experience damage in a riot.</p> <p>Like collision coverage, it could be worthwhile to drop comprehensive coverage if your car isn't worth much and repairing such damage would be more than the value of the car.</p> <p>However, comprehensive is usually a small part of an insurance premium, and you may not be able to drop it unless you also drop collision coverage.</p> <h2>3. Rental Reimbursement</h2> <p>Some insurers include rental car reimbursement in their policies. You may need a rental car if your car is damaged in an accident and is at an auto shop for a few days. But if the accident is someone else's fault, their insurance may pay for your rental car. If you're at fault, it's your expense.</p> <p>Check to see how much you're paying each month, or year, for this type of insurance, and determine if the costs outweigh what you'd pay yourself for renting a car. Is it worth the chance you'll need it?</p> <h2>4. Roadside Assistance</h2> <p>The same logic goes with roadside assistance sold with your car insurance. Chances are you rarely use it and that you have it mainly for the peace of mind when you get on the road.</p> <p>You may already have duplicate coverage by having AAA, OnStar, or some other service, so dropping this insurance coverage is a no-brainer. Or it may be cheaper to call a friend, relative, or even a tow truck when you're out of gas or need a flat fixed.</p> <h2>5. Term Life Insurance</h2> <p>Having term life insurance is meant for exactly that: a &quot;term&quot; of your life. It's a common type of insurance to buy when starting a family, so that your spouse and children aren't left without income if you die during your working life.</p> <p>But if your children are in college and no longer live at home, or you're retired, then extending a term policy may not be worthwhile.</p> <h2>6. Insurance Riders</h2> <p>As part of your homeowners insurance, you may have bought riders to cover expensive items that aren't covered under a normal policy. These can include expensive artwork, jewelry, or heirlooms you've inherited.</p> <p>If you've sold such things or donated them to charity and no longer own them, then it's time to drop these insurance riders.</p> <p>Having too much insurance is an enviable problem. Whether it's life insurance or over-insuring a home and its possessions, it's a good idea to check with your insurance agent each year to determine if you have too much (or not enough) coverage.</p> <p><em>What types of insurance coverage have you dropped?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/aaron-crowe">Aaron Crowe</a> of <a href="http://www.wisebread.com/6-times-when-its-okay-to-drop-insurance">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-the-right-rv-and-vehicle-insurance-protects-your-summer-fun">Here&#039;s How the Right RV and Vehicle Insurance Protects Your Summer Fun</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-common-medicare-myths-debunked">5 Common Medicare Myths, Debunked</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-your-group-life-insurance-is-not-enough">Why Your Group Life Insurance Is Not Enough</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-reasons-you-should-buy-the-rental-car-insurance">6 Reasons You Should Buy the Rental Car Insurance</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance">Here&#039;s How a Claim Will Impact Your Car Insurance</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation Insurance auto collision coverage premiums rentals Wed, 06 May 2015 11:00:24 +0000 Aaron Crowe 1408966 at http://www.wisebread.com Best Money Tips: Factors That Can Raise Your Insurance Premiums http://www.wisebread.com/best-money-tips-factors-that-can-raise-your-insurance-premiums <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-factors-that-can-raise-your-insurance-premiums" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/5804480308_d2005b49df_z.jpg" alt="car" title="car" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some stellar articles on factors that can raise your insurance premiums, buying high-quality low-priced furniture, and living frugal but looking rich.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.kiplinger.com/slideshow/insurance/T004-S001-factors-that-raise-insurance-premiums/index.html">10 Factors That Can Raise Your Insurance Premiums</a> &mdash; Did you know four cylinder cars cost less to insure than eight cylinder cars? [Kiplinger]</p> <p><a href="http://www.moneytalksnews.com/2013/03/07/12-tips-for-buying-high-quality-low-priced-furniture/">12 Tips for Buying High-Quality, Low-Priced Furniture</a> &mdash; Before you purchase furniture, test the cushions and avoid nails and glue. [Money Talks News]</p> <p><a href="http://money.msn.com/frugal-living/post.aspx?post=2ae9a70a-6189-4e3c-9f85-f232a6cdb222&amp;ref=bfv">Living Frugal but Looking Rich</a> &mdash; Brown bag your lunch so you can travel more. [MSN Money]</p> <p><a href="http://www.bargaineering.com/articles/raise-tough-economy.html">How to Ask for a Raise in a Tough Economy</a> &mdash; When asking for a raise in a tough economy, document your accomplishments. [Bargaineering]</p> <p><a href="http://frugalzeitgeist.com/living-for-nothing-ideas-from-traveling-that-could-be-used-at-home/">Living for Nothing: Ideas From Traveling That Could Be Used at Home</a> &mdash; Typically when you travel you look for free entertainment. Try doing the same thing at home! [Frugal Zeitgeist]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.creditsesame.com/blog/are-you-financially-prepared-for-a-tragedy/">Are You Financially Prepared for a Tragedy?</a> &mdash; To get prepared for a tragedy, prepare a living will and durable health care power of attorney. [Credit Sesame]</p> <p><a href="http://www.freemoneyfinance.com/2006/01/why_i_use_a_cpa.html">Why I Use a CPA to Do My Taxes</a> &mdash; Using a CPA to do your taxes can save you 30-40 hours of work. [Free Money Finance]</p> <p><a href="http://www.savvysugar.com/Airbnb-Tips-Hosts-28444064">What You Need to Know Before You Rent Your Place on Airbnb</a> &mdash; Before you rent your place on Airbnb, prep your place like family is visiting. [PopSugar Smart Living]</p> <p><a href="http://parentingsquad.com/prosquad-when-your-preschooler-transitions-out-of-a-daily-nap">ProSquad: When Your Preschooler Transitions Out of a Daily Nap</a> &mdash; If your child starts transitioning away from daily naps, move his or her bedtime 20-30 minutes later to encourage resting during the day. [Parenting Squad]</p> <p><a href="http://www.lifehack.org/articles/lifestyle/10-simple-ways-live-longer-and-happier-life.html">10 Simple Ways to Live a Longer and Happier Life</a> &mdash; Live a healthy, happy life by dreaming big and being physically active. [Lifehack]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-factors-that-can-raise-your-insurance-premiums">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-common-medicare-myths-debunked">5 Common Medicare Myths, Debunked</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-times-to-update-your-homeowners-insurance">7 Times to Update Your Homeowners Insurance</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-your-group-life-insurance-is-not-enough">Why Your Group Life Insurance Is Not Enough</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-pay-as-you-drive-auto-insurance-worth-it">Is Pay-As-You-Drive Auto Insurance Worth It?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance">Here&#039;s How a Claim Will Impact Your Car Insurance</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance best money tips insurance premiums Mon, 11 Mar 2013 11:00:31 +0000 Ashley Jacobs 969826 at http://www.wisebread.com Best Money Tips: Cut Auto Insurance Premiums in Half http://www.wisebread.com/best-money-tips-cut-auto-insurance-premiums-in-half <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-cut-auto-insurance-premiums-in-half" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3075975592_1fbe76daf0_z-1.jpg" alt="Cut Auto Insurance Premiums in Half" title="Cut Auto Insurance Premiums in Half" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some fantastic articles on how to cut auto insurance premiums in half, saving money while getting fit, and reasons you should have a side business.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.thedigeratilife.com/blog/lower-car-insurance-rates-auto-insurance-premiums/">Lower Your Car Insurance Rates! How To Cut Auto Insurance Premiums In Half</a> &mdash; Get lower car insurance rates by having good credit. [The Digerati Life]</p> <p><a href="http://www.freemoneyfinance.com/2012/03/how-to-save-money-while-getting-fit.html">How to Save Money While Getting Fit</a> &mdash; Get fit without breaking the bank by heading to a local park and going for a jog. [Free Money Finance]</p> <p><a href="http://www.thousandaire.com/blog/10-reasons-you-should-have-a-side-business/">10 Reasons You Should Have a Side Business</a> &mdash; Having a side business diversifies your income and helps you learn new skills that will make you more valuable. [Thousandaire]</p> <p><a href="http://www.savvysugar.com/Items-Keep-Office-15196610">9 Items a Forgetful Person Must Keep in the Office</a> &mdash; If you tend to be a forgetful person, have a small whiteboard and whatever chargers you need on hand at your office. [SavvySugar]</p> <p><a href="http://www.creditsesame.com/blog/benefits-of-higher-gas-prices-and-tips-to-save-at-the-pump/">Unexpected Benefits of Higher Gas Prices and Tips to Save at the Pump</a> &mdash; Save money on gas by turning your car off if you are going to be idling for more than 30 seconds. [Credit Sesame]</p> <h2>Other Essential Reading</h2> <p><a href="http://onecentatatime.com/51-diy-tips-for-home-maintenance/">51 DIY Tips for Home Maintenance</a> &mdash; It is simple to fix a leaky faucet on your own. Just replace the washer! [One Cent at a Time]</p> <p><a href="http://www.lifespy.com/2012/ways-to-invest-your-savings/">Ways to Invest Your Savings</a> &mdash; Invest your savings by getting insurance and retirement funds. [LifeSpy]</p> <p><a href="http://parentingsquad.com/online-videos-help-special-needs-families-connect">Online Videos Help Special Needs Families Connect</a> &mdash; If you have a special needs child, check out Rock CF or My Autism My Voice. [Parenting Squad]<a href="http://kiplinger.com/slideshow/cheapest-cars-to-own-2012/1.html"><br /> </a></p> <p><a href="http://kiplinger.com/slideshow/cheapest-cars-to-own-2012/1.html">10 Cheapest Cars to Own</a> &mdash; The Ford Fiesta 4dr and Kia Rio LX 4dr are among the cheapest cars to own. [Kiplinger]</p> <p><a href="http://www.lifeoptimizer.org/2012/03/16/ways-to-train-your-taste-buds-and-eat-healthier/">5 Ways to Train your Taste Buds and Eat Healthier</a> &mdash; Train your taste buds and eat healthier by not overcooking your food. [Life Optimizer]</p> <h2>News &amp; Events</h2> <p><a href="http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/news/2012/03/best-of-money-carnival-147-hosted-by-yes-i-am-cheap">Best of Money Carnival #147: Hosted by Yes, I Am Cheap</a> &mdash; The Best of Money Carnival features the ten best money-related posts of the past two weeks.</p> <p>Be sure to check out our <a href="http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/news">News &amp; Events Calendar</a> to see all the awesome upcoming events in the personal finance world!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-cut-auto-insurance-premiums-in-half">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-a-claim-will-impact-your-car-insurance">Here&#039;s How a Claim Will Impact Your Car Insurance</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-common-medicare-myths-debunked">5 Common Medicare Myths, Debunked</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-your-group-life-insurance-is-not-enough">Why Your Group Life Insurance Is Not Enough</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-times-to-update-your-homeowners-insurance">7 Times to Update Your Homeowners Insurance</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-times-when-bundling-insurance-doesnt-make-sense">4 Times When Bundling Insurance Doesn&#039;t Make Sense</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance auto insurance best money tips premiums Mon, 19 Mar 2012 10:00:12 +0000 Ashley Jacobs 911576 at http://www.wisebread.com