The world of insurance has more choices than ever today with many choices in products to cover just about anything. And while there is always the danger that you can go crazy and buy too much insurance, you definitely need a plan to protect the things in life that are most dear to you – namely your home, your car and of course your life!
Home
If you have a mortgage, Continue reading »
What is Safe Auto Insurance Company?
This auto insurance company is based in Ohio and was founded back in 1993. Like most big insurance companies, it started with a few people and has grown to a huge auto insurance company serving over 14 states, including: Arizona, Georgia, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, Continue reading »
Louisiana drivers: What are the inspection sticker/brake tag renewal laws?
Is it true that you can only renew your inspection sticker/brake tag in the parish in which your car is registered?
Since last year I have moved to a different parish, but my car is still registered under my father's name and my old home address. I'm wondering if I need to try to have Continue reading »
Did you know that on a November 2008 report from the National Association of Insurance Commissioners, or in short the NAIC, that in the year 2006, the average cost of automobile insurance declined by 1.7 percent. And in this report the National Association of Insurance Commissioners mentioned the top five states where there is the highest average expenditures are Continue reading »
Average car insurance rate data?
The average auto car insurance rate listed in yahoo story, is that average car insurance rate per car or per houshold or what? Thanks.
How much does it cost to change a Louisiana license plate to a Texas plate.& How much time do you have?
Me and my husband just moved to Houston from Louisiana. while i know its not an emergency… It will need to be done one day. and i ws wondering if anyone knew how much it will cost & HOw long we have till it has to be done.
Thank You.
Reader’s Question:
Hi! I am a single mother and I want to have my own car insurance. I want a cheap car insurance policy since I have other priorities to spend on. What are the things I should do so I can qualify for one?
Melody
New Orleans, LA
You are fortunate to be a female driver because Louisiana car insurance companies give more discounts to female drivers than their male counterparts. Female drivers get bigger discounts because statistics say that they are involved in fewer car collisions and traffic violations, hence they are lower risk compared to male drivers. But that is not your only advantage in getting cheap car insurance women Louisiana.
You can get car insurance if you can prove to any car insurance provider that you are a skilled driver. Hence, enrolling in any driving school that is recognized by most car insurers should certify that you are skilled enough to drive your own vehicle.
You can also buy cheap car insurance for women Louisiana if you can prove to the company that you know how to pay your obligations on time. If you have a good credit standing, then you can qualify for cheaper car insurance because car insurers give discounts to those who know how to pay their bills such as car insurance premiums on time.
Raise your deductible amount to the highest level you feel comfortable with. The higher the amount, the lower your annual premiums will be. You only pay the deductible when you file a claim and your carrier pays that claim.
Reader’s Question:
I already have my own health insurance policy and will still be active. I am already 65 and I am being forced into Medicare in Baton Rouge. Why is that?
Martina
Baton Rouge, Louisiana
Thanks for that question, Martina.
All Americans who are 65 years old or over are eligible for Medicare and those who have Social Security benefits are automatically enrolled in Medicare too. You cannot opt out either, or else if you do not enroll in Medicare Part A you will forfeit your Social Security benefits. There is a great number of speculations why this is so but until today, there is no definite and clear answer to this. The way I see it, maybe it was made so such that seniors will find it easy for seniors to enroll in Medicare and did not discontinue when private health insurance coverage became very common for most seniors. We never know if it will change, but since it is the rule at the moment, we cannot disregard and might not be likely to change in the near future.
There are many companies though in Louisiana that offer retiree health benefits that will terminate coverage when you turn 65 because they know that you have access to Medicare at this age. Although you are not forced by the government to choose between Social Security and your private health insurance coverage, the government will be deciding for you in this case.
Although in some cases too, some companies will continue to offer supplemental retiree benefits which can be used together with your Medicare. Among these benefits may include prescription drug coverage, doctor visits, and outpatient health care services. In such cases, Medicare still stands as the primary coverage and you can have your own private health insurance as supplemental coverage.
Reader’s Question:
I did not understand when my life insurance agent in Baton Rouge, Louisiana talked about term life insurance. What is it?
Trent,
Baton Rouge, LA
The term life insurance that is available in Louisiana and is one of the basic types of life insurance coverage. This is a form of life insurance that is governed by a certain period of time. The period of time which you can choose from may start from five years, ten years, fifteen years or even thirty years and even until you reach the age of 65 years old or even 70 years old. It all really depends on which time period you desire to get. The payment for the policy will not usually rise during the course of the policy.
If ever the insured dies within the given term period, the benefactors will be receiving cash death assistance. But if, you, the insured survived and surpassed the term period, you can choose to maintain your yearly coverage and restart a new premium by paying a much higher one. With this type of life insurance, it will also give you an option of changing your policy to a permanent policy without undergoing another medical examination with your family doctor. It also does not accumulate any values such as those related with Whole Life Insurance policies.
Reader’s Question:
I own a small business with 10 employees here in Louisiana. I am trying to device a retention program in the form of health insurance coverage to decrease the termination of my employees. Is there any company that offers small business group health insurance plans?
David
Metairie, LA
Certainly, there are plans for you, David.
This can help you a lot! Some insurance companies in Louisiana offer cheap health insurance policies for small companies like yours which have 2-50 employees. Aside from medical expenses protection, your employees will have peace of mind knowing that your company takes care of their needs. The most important thing that you need to consider in selecting the right health insurance company, is of course, reliable and friendly customer service, efficiency, responsiveness, accreditation, and financial stability.
Since we all know that every business has unique needs, most insurance companies in Louisiana are actually offering more flexible plans when it comes to group health insurance plans, like what you are planning to buy. You have numerous choices, as far as I know, such as major health insurance plans, consumer choice health insurance plans, or ancillary health insurance plans. Ancillary health insurance can be more specific such as dental insurance, short-term disability insurance, and life insurance.
And you know what’s good about most group health insurance companies these days? You can even manage your employee’s accounts online…and so can your employees. All they have to do is to get hold of their health insurance ID card, and make changes to their coverage online. A few examples I can give are to add coverage to a new dependent or now the account balance of a health savings account, which can easily be done in real time online…only with a few clicks from your office! That’s what technology can do for you…
Loading ...