We’ve all heard that auto insurance rates can fluctuate according to the type of car you drive. Oftentimes, our decision to purchase a vehicle is heavily influenced by the notion that it may increase our monthly payments. While most insurance companies have their own unique formula that determines how much a policyholder should pay, there are common vehicle features that customarily weigh into the cost of insurance. Let’s take a look at how your vehicle can affect your auto insurance and why. [Read more…]
How Your Vehicle Can Affect Your Auto Insurance
Do Renovations Affect Your Homeowners Insurance Rates?
Whether you’re remodeling your bathroom or building a back porch, renovations are a great way to raise your home’s value. However, since you’re increasing the home’s market value, it’s always a good idea to reevaluate your homeowner’s insurance to ensure you are properly covered at the best rates. Moreover, while some renovations increase your rates, others may grant you discounts and savings on homeowners insurance. Read on to discover the types of renovations that affect your homeowners insurance rates and what additional policies can protect you during construction. [Read more…]