The National Association of Insurance Commissioners (NAIC) has released a survey that found 47% of consumers don’t understand what their health insurance plans will pay for when it comes to coronavirus testing and treatment. Potentially because of that misunderstanding, 34% of respondents who had been tested or treated for coronavirus …
Read More »Survey: Majority of Americans Are Confident They Can Cover Expenses This Year
The Covid-19 pandemic and resulting shutdown measures have resulted in a deep recession for the global economy. Despite this, we found the majority of Americans are either very or somewhat confident about their finances for the rest of 2020, according to a new survey conducted by The Simple Dollar. That …
Read More »Does Homeowners Insurance Cover Hail Damage?
The Insurance Information Institute cites hail damage as the most frequent claim in the United States with 2.1 percent of insured homes filing a hail damage claim. In fact, from 2013-2017, the average claim severity for hail damage was $ 10,182. To ensure you don’t have to pay over $ …
Read More »Tornado Insurance: What Does It Cover and Do I Need It?
Tornadoes can happen in any state in the U.S., and with more than 1,200 occurring annually, they are not uncommon. If you live in Texas, Kansas, Florida, Oklahoma, or Nebraska — the five top states for tornadoes — be sure your homeowners insurance has tornado coverage. Even if you don’t …
Read More »Does Renters Insurance Cover Storage Units?
When you buy renters insurance, you probably have one primary reason for making that purchase: you want to protect your belongings. Renters don’t have to worry about rebuilding their homes after a disaster, but that doesn’t mean fires, theft and other perils can’t impact their belongings. Fortunately, renters insurance gives …
Read More »Blue Bell’s Ex-C.E.O. Charged in Conspiracy to Cover Up Listeria Outbreak
The former chief executive of Blue Bell Creameries was charged with conspiracy in connection with his repeated efforts to cover up what became a deadly outbreak of listeria in some of the company’s products in 2015, federal prosecutors said on Friday. In addition, the company pleaded guilty to two misdemeanor …
Read More »Does Homeowners Insurance Cover Roof Damage?
Roof damage is whenever the inside of your home is not protected because vulnerabilities have occurred in the roof structure. It can happen a variety of ways. These include: Age Rodent damage Weather damage When roof damage occurs, take the appropriate steps to fix it as soon as possible so …
Read More »Does Car Insurance Cover Theft?
Nearly 750,000 cars were stolen in the United States in 2018. This might sound like an extremely high number, but your chance of having a car stolen is still just 0.23%. Regardless, getting a theft insurance plan for your car is a necessity if you plan to drive in the …
Read More »Medicare to Cover Testing for the Coronavirus
Photo by SamaraHeisz5 / Shutterstock.com Here is a rare bit of good news for older Americans worried about contracting COVID-19 — the official name for what is more commonly referred to as “the coronavirus.” If you have Medicare Part B, it will cover the cost of testing for the disease …
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