When purchasing an insurance policy, you may come across various terminology used to describe the parties involved. Two common terms that are often used interchangeably are “policyholder” and “policy owner”. While they refer to the same role, there are some subtle differences between these terms that are good to understand. This article will explain in … Read more
Casualty and liability insurance are two common types of insurance that protect against potential losses. While they sound similar and overlap in some areas, there are important differences between casualty and liability insurance in terms of the risks they cover. Understanding these differences is key for both individuals and businesses looking to properly insure themselves. … Read more
Adding a newborn baby to health insurance is an important task for new parents. Most insurance policies require you to enroll your baby within 30 days of birth to get them covered. But it’s easy to forget this crucial step during the haze and busyness of having a newborn. So what happens if you miss … Read more
Mileage is a key factor that auto insurance companies use to calculate your premiums. The more you drive, the greater your risk of being involved in an accident. So how exactly do insurers determine how many miles you drive? Do they rely on your own estimates or do they independently verify your odometer readings? The … Read more
When you make an insurance claim for damage to your vehicle, you may wonder if it will show up later on the vehicle history report from Carfax. Specifically, many people have questions around comprehensive claims and whether they get reported to Carfax. This article provides an overview of how Carfax works, what comprehensive insurance is, … Read more
The US healthcare system is complex, with many different organizations and individuals playing important roles. Though the system has significant problems with cost, quality, and equity, major shifts over the past decade are leading healthcare organizations to focus more on keeping people healthy rather than just treating illness. Understanding the key players and their incentives … Read more
Multiple protection coverage, also known as joint life insurance, provides protection for more than one person through a single policy. This type of coverage can provide important financial security for families and businesses partners. In this comprehensive guide, we’ll explore the key things you need to know about the types of multiple protection coverage available. … Read more
Preferred provider organization (PPO) plans are a popular type of health insurance in the United States. As of 2020, over 59 million Americans were enrolled in a PPO plan. PPO plans offer members flexibility in choosing health care providers. They also typically have copays and deductibles like other types of private health insurance. So do … Read more
Coinsurance is one of the most confusing parts of health insurance. You pay a premium every month, but then there are deductibles, copays, and coinsurance too. It can get complicated quickly. One common coinsurance question is: what does 0% coinsurance mean after you meet your deductible? Let’s break it down step-by-step so you know exactly … Read more
Allstate is one of the largest insurance providers in the United States, offering policies for auto, home, renters, life and more. With millions of customers nationwide, Allstate aims to provide quality coverage at competitive prices. One common question from prospective customers is: Does Allstate offer a military discount? The short answer is yes, Allstate does … Read more