Here’s why you should carry more than your state’s minimum coverage, what the data shows about insurance premiums for seniors and why sharing your car isn’t always a good idea.
This means any claim will cost you more than an older driver, although you can separately buy excess insurance. If you want to spread payments monthly, many insurers will charge interest on top of ...
Excess policy terms that require the insured to act reasonably to settle claims within the self-insured retention substantially alter the excess insurance relationship. In some states, arbitration and ...
People are more likely to sue if you have a high net worth, since you are better able to pay a judgment. If you have assets of $100,000 or more, consider an umbrella policy or personal excess ...
Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...