People want to have nice things. Cars are no exception to this. Many people like to have a fancy or luxurious car. Well, unfortunately these cars can also have the most expensive car insurance rates. An Insurance Company determines car…
Some might say, well, what’s new? But this time is a little different. The fact is, Car Insurance Companies are always tweaking their insurance rates. Always. Some might say they overthink it. It’s me, I say they overthink it. But…
When you are purchasing a car or taking out car insurance on a used vehicle, you are likely to be asked this question; do you want full coverage or liability insurance on that? This post should clarify the difference between…
Anyone who has taken out a home loan and has not put a down payment of 20% is subject to Mortgage Insurance. This is commonly referred to as PMI or Private Mortgage Insurance. Mortgage Insurance protects the lender and not…
There are many coverage parts included with your Minnesota Home Insurance policy. To make it as simple as possible, I will use 3 of the primary coverage types on your Homeowners Policy. Home Replacement Coverage The first coverage limit that…
We hear a lot that Minnesota is expensive when it comes to car insurance. In 2021, according to MoneyGeek.com, Minnesota ranks 16th in the Nation for the most expensive Car Insurance. According to Moneygeek.com the national average for a 40…
We get this question a lot from New Home Buyers purchasing home insurance for the first time because the purchase of their home may be higher than the Dwelling Coverage on their home insurance policy. Lenders want you to carry…
Comprehensive Coverage on your Car Insurance policy is one of the two parts of coverage limits that protect your vehicle should it be damaged. If your car is damaged from Vandalism, Theft, Hail Damage, falling object or perhaps the most…
Contractors are often asked to carry Workers Compensation insurance even though they do not have employees. The conversation is usually very similar. “Why do I need to carry workers comp when I don’t have employees?” This is true. However the…
1) Minnesota Home Insurance policies change coverage almost every year. Insurance Companies are not adding coverage. They are either limiting coverage or taking it away. This potentially leaves you with a significant gap in coverage. If you are not made…