Personal Insurance

It’s a rite of passage for college students to don cap and gown and march across the stage for graduation ceremonies- in fact, according to the National Center for Education Statistics (NCES) almost 1.85 million students will graduate with a bachelor’s degree in 2015. As those 1.85 million make the transition from undergraduates to careers, pursuit of advanced degrees or back into mom and dad’s basement, it’s critical that they understand how walking across the stage may have changed their insurance needs.

College graduation! The pictures, the gown, the caps in the air, the world awaits!

Yet many recent graduates will find themselves awaiting that world after returning to live in their parents’ home. Whether due to lifestyle changes, generational preferences or simply the economy, today’s graduates often find themselves wondering how their parents’ generation ever survived striking out on their own during and after college.

Those nostalgic times of “gone to look for America” via small apartments, shared houses, trailers or tents seem more fairy tale than reality to today’s often student-loan laden graduates and young adults. And it is not just recent graduates that return. Often adult children who have previously established separate residences find themselves returning to the nest following economic trial, divorce or illness, sometimes with their children in tow. This phenomenon of adult children returning home to live has become so common it has garnered its own name: the boomerang generation.

Potholes got you down? We understand. After this past winter’s severe weather, many motorists are experiencing costly vehicle damage from potholes. A survey conducted by Trusted Choice® and IIABA found that from 2009 to 2014 half of car owners experienced damage to their vehicles as a result of potholes. The survey also found that 31% of car owners who reported pothole damage to their vehicles filed a claim with their insurance company, but a surprising 65% of respondents who needed repairs said they (or a third party) paid out of pocket for the vehicle to be fixed.

Umbrella insurance is extra liability insurance that you purchase in addition to your regular insurance policies. As its name implies, umbrella insurance sits “on top of” your other insurance policies like an umbrella, to provide added financial protection in the event that other policies cannot cover the loss. Read more at www.umbrellainsuranceinfo.com

Renters insurance? Do you really need it? Not everyone who rents a home or apartment realizes it, but just as a homeowner should have insurance to cover accidents to or on their property, most renters also need renters insurance. If the home you are renting suffers from a tree falling onto the roof, the landlord’s …

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Whether you are a first-time home buyer, a veteran of many years of mortgage payments and house upkeep, a condo owner or an apartment dweller, your household is one of some 90 million in the United States. Chances are your home is your single most expensive budget item and– for the home or condo owner–your …

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