Continued from Part 1- (Part 2 of 4) 11.Personal Injury
Protection (PIP): Covers the treatment of injuries to the driver
and passengers of the policyholder's vehicle. At its most
extensive, PIP can cover medical payments, a part of the lost
wages of those injured in an accident, and a death benefit. It
may also extend to covering the policyholder if he/she is
injured while in another vehicle or is hit by a car while on
foot. It can cover members of the owner's family household. It
pays for ...
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Finance
Continued from part 3 Insurance Company Advertisements Deceive
(part 3 of 4)
If some of the millions of dollars spent on advertising auto
insurance would be devoted to fair payment of injured insured's'
own claims against their own company, we probably wouldn't even
have to make mention of this. However, the advertisers'
portrayal of insurance responsiveness with homey images,
friendly messages, beautiful music and promise of quick claims
service do not equate to quality when it comes time for ...
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Finance
The Smartest Way to Buy Auto Insurance (Part 1 of 4) Look at a
Lot More Than Just COST, Because Comparison Between Companies is
Meaningless Without Research on These Three Topics for Each
Company You Are Considering: 1.complaints filed with your state
insurance commissioner 2.payment practices that increase your
chances of being sued 3.miscellaneous topics, such as use of
credit scoring to set premiums, denial of medical treatment to
their own insureds, insisting on the right to deny the ...
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Finance
Interest on the average home mortgage will cost the homeowner
nearly TWO TIMES the cost of the home.
If you were to purchase a $150,000 home with a $120,000 mortgage
(80%), and you paid an interest rate of 9% for 30 years, you
will have paid over $227,500 just in interest (in addition to
the original $120,000). That's nearly two times the cost of the
home!
A credit card debt of $7000 (now the average) at 18% being paid
at the rate of $20 principal plus interest each month will take
over 29 ...
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Finance
You've heard about refinancing in the mortgage market. Who
hasn't? Interest rates are at all-time lows. Folks have
refinanced two and three times in as many years to save
thousands of dollars in interest they would have otherwise paid.
There's a similar lesser-known boom happening in the world of
federal student loans, because refinancing or consolidating them
can also help borrowers save thousands of dollars in interest
expense.
The two most common types of federal student loans ...
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Finance
Health Insurance For Seniors On The Net
When a good friend of mine inquired where he could obtain
information about medical insurance for his out-of-state,
elderly mother, I told him to try the Internet.
He reported back to me about a week later, in desperation: "I am
giving up, I am too confused." He had taken on an overwhelming
project with his widowed mother, living in another state. As the
only child, and following the sudden death of his father, it was
his responsibility to care for his ...
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Finance
You've heard about refinancing in the mortgage market. Who
hasn't? Interest rates are at all-time lows. Folks have
refinanced two and three times in as many years to save
thousands of dollars in interest they would have otherwise paid.
There's a similar lesser-known boom happening in the world of
federal student loans. Refinancing or consolidating them can
also help borrowers save thousands of dollars in interest
expense, and consolidation can cut a borrower's monthly payments
down to a size ...
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Finance
Bargain mortgage rate shoppers are on a refinancing spree. Many
have secured unbelievably great deals. Others have gotten caught
up in the frenzy and got the short end of the stick. How can you
refinance your home without getting burned?
Last week mortgage application reports indicated that homeowners
went on another home loan refinancing spree. Some of the reasons
were the long-term impact of the Fed recent rate cut. As
mortgage rates declined below 6% homeowners responded to the
rate cut ...
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Finance
With the average 30 year and 15 year fixed-rate mortgages
jumping up to several basis points over recent days, consumers
who have been holding out hoping to catch the best level of the
refinance wave may wonder if they have missed the boat. Not
necessarily.
At present the equity markets are making a rebound. If the Dow
goes above 9,000 mortgage rates could rise to or through 7
percent. Two weeks ago thirty-year mortgage rates stood at an
average 5.98 percent compared with 6.01 percent ...
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Finance
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NOT File a Home Insurance Claim
By Stephen Bucaro
You can PAY for home insurance, but don't try to actually USE
your ...
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Finance