Your Insurance Questions Answered

From teaching your children how to walk and talk to ensuring they can handle the physical, emotional, and financial changes of life, it is easy to see the challenges of being a parent. Unfortunately, most parents are not prepared for the stressful nature of having a new teen driver. Not only will you be constantly worrying over your teen's driving capabilities, but you will also need to prepare yourself for the huge costs associated with car maintenance and insurance.

Being convicted of a serious driving offense such as a DUI or DWI can have several unforeseen consequences, one of those being the need for SR22 insurance. The following offers an in-depth explanation of SR22 insurance, including how it works, how long you'll need it and the impact it can have on your auto insurance costs. SR22 Insurance Explained The term "SR22 insurance" is a bit of a misnomer since it's not an insurance policy in its own right.

As a homeowner, it's important to understand the basics of your homeowners insurance police. In general, traditional policies cover the structure of the home, personal belongings within the home, liability in case an accident occurs in the home, and coverage for living expenses if your home is uninhabitable because of a covered disaster. You may also want additional coverage that will pay for damage that isn't covered by a traditional policy, such as earthquake insurance.

It seems to only make sense that your children should be covered under your homeowners insurance policy. However, there are some complications involved. Though children are generally covered by homeowners insurance, there are some limitations based on situation and environment. These are things you should discuss with your agent, especially if your family or living situation has recently changed. Dorms Are Covered -- But Only to a Certain Extent When your child is attending college and under the age of 25, it's likely that they will still be covered under your insurance policy -- as long as they live in the dorms.

Many people go to great lengths to avoid or prevent accidents on highways, which is good. However, you should also be careful with parking lots because lots of accidents happen in parking areas too. Parking lot accidents usually don't lead to serious injuries, but even the minor injuries and damages should be avoided. Here are tips that increase safety in parking lots: Avoid Parking Beside Large Vehicles If you have a choice, don't park beside a large vehicle, such as a big van or truck, if you are driving a conventional sedan.

If you are looking for ways to cut your car insurance premiums, you might be thinking about raising your deductibles. After all, this can be a fast and easy way for you to quickly reduce the amount that you have to pay for your car insurance. Even though this can be a good idea in some situations, it's not always ideal. These are a few things that you should do before you take the plunge and talk to your insurance agent about raising your car insurance deductible.