Sv Money:insurance% Communication Library

Auto Insurance

Advice about car ownership

Insurers judge your insurance rates by your various risks; your occupation, your credit score, your driving history, etc.

Shop around for the best deal on auto insurance. Plans differ in price and coverage, so choose your insurer wisely.

Ask for discounts from your insurer! Discounts will be given based on your driving record, other products that you buy from the insurer and alumni or other memberships.

Home Insurance

Advice about homeownership

Home insurers judge your insurance rates by your various risks; your occupation, your credit score, how you live, etc.

Shop around for the best deal on home insurance. Plans differ in price and coverage, so choose your insurer wisely.

Ask for discounts from your insurer. Discounts are often available if you have safety systems, such as burglar and fire alarms.

There may be extra charges if you have special risks, such as pets or a swimming pool. If you don't let the insurer know about these risks you may not be covered.

Life Insurance

Planning for a time of misfortune

There are two types of life insurance: term, which covers the insured for a specified period, such as 20 years; and whole life, which cover the insured for his/her life (if the premiums are paid).

Whole life insurance normally ends up being more expensive because it is a guaranteed payment and often has cash value.. Term life insurance costs less for the same amount of coverage but only during the specified period.

Don't try to put off buying life insurance until you get older. It gets more expensive and, if you have health problems, you may be uninsurable.