Asked by Erin J
Answered by Timothy Peddycoart, Insurance AgentPRO+ in Big Lake, MN
I concur with Greg - most insurers will want one that is fairly current - within the last couple years if it is over a certain value. It's not a bad idea to get ...
Asked by Michael J
Answered by Priscilla Callans, Insurance Agent in Gurnee, IL
Hi Michael, The best answer, is ‘it depends’. Insurance companies are definitely trying to underwrite for different types of losses now more than they ever did, an...
Asked by John D
Answered by Scott Nelson, Insurance Agent in Atlanta, GA
Typically, yes, you would need coverage specifically designed to protect your classic car. It may actually be cheaper than a traditional policy if you don't drive the ...
Asked by an anonymous user
Answered by Michael Keeler, CFP®, CLTCPRO+ in Las Vegas, NV
That's a great question and I don't think enough people really research this. One of the biggest things to look for is the company's rating by a third party, such as A...
Asked by George Middleton
Answered by Richard Eddy, Financial Adviser in La Verne, CA
In my practice, we only use "A" rated (or better) carriers. The rating that I am talking about here refers to the claims-paying ability of the insurance company, and i...
Asked by Crystal
Hello Crystal Let's get to the source of the worry by taking a closer look at what ratings mean. They point to only two things: the claims paying history of a carri...
Asked by Meredith L
Hello Meridith, I would recommend that you, first, get an update on the policy from the carrier. With term policies, this is not so important since what you need to...
Asked by Leslie
Hello Leslie, Short version: yes, your policy is still the same. More detail: when life insurers stop selling life insurance for a number of reasons (such as when...
Asked by Sarah
Hello Sarah, One word is helpful here: marketing. Here is what I mean. It is not a lie because someone out there can buy that policy for that price, but you have fo...
Asked by brittany.martinez530
Hello Brittany, When searching the topic of life insurance online, the “online” part of your search will put you in touch with human beings whom you can trust as mu...
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