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1 month ago | 
bankrate.com | Ashlyn Brooks |Amelia Buckley
The flames hadn’t reached their home yet, but for one California family, the panic had already set in. Their grandparents, who lived in a high-risk wildfire zone, received a nonrenewal notice from State Farm in November 2024 — months before the Los Angeles fires ignited. Their coverage would expire in February 2025, and finding a replacement was proving nearly impossible. Then, disaster struck.
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2 months ago | 
aol.com | Ashlyn Brooks
Key takeawaysLife insurance claims can be denied for reasons like missed payments, inaccurate information or policy exclusions. Knowing these risks upfront can help you avoid unpleasant surprises. If you misrepresent details about your health, job or risky hobbies, your insurer could reduce your payout — or deny the claim entirely. Most policies have a contestability period, usually the first two years, where insurers take a closer look at claims and may deny benefits under certain conditions.
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2 months ago | 
aol.com | Ashlyn Brooks
Car theft is an unfortunate reality, and while modern security features have improved, thieves continue to find ways to bypass them. If you’re concerned about your car being stolen — or dealing with the aftermath — understanding how car insurance comes into play can help. Not every policy includes coverage for stolen vehicles, so understanding which type of insurance protects against theft and what steps to take if it happens can make a big difference.
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2 months ago | 
aol.com | Ashlyn Brooks
Key takeawaysLife insurance is designed to provide financial protection for your chosen beneficiaries. Term life insurance is generally affordable with coverage lasting 10 to 30 years, while permanent life insurance can offer lifelong protection with a cash value component. Premiums are determined by factors such as age, health and lifestyle. Cost will vary between insurers, so it’s important to shop around for multiple quotes.
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2 months ago | 
aol.com | Ashlyn Brooks
Key takeawaysA million-dollar life insurance policy isn’t just for the ultra-wealthy. It could be a smart choice for anyone with major financial responsibilities. Insurers don’t approve seven-figure policies for just anyone. Your income, existing coverage, health and lifestyle all factor into eligibility. If affordability is a concern, term life insurance can make a million-dollar policy surprisingly cost-effective.
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2 months ago | 
bankrate.com | Ashlyn Brooks |Amelia Buckley
Wildfires have long been part of Colorado’s history, but as these disasters become more frequent and severe, homeowners are facing new obstacles — especially when it comes to securing affordable insurance. The rising risk is driving up home insurance costs, and many major insurers are retreating from high-risk areas, leaving property owners scrambling for coverage. The financial strain on the insurance market is clear.
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Nov 20, 2024 | 
bankrate.com | Ashlyn Brooks |Natasha Cornelius
Published on November 20, 2024 | 8 min read Bankrate is always editorially independent. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249).
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Nov 9, 2024 | 
msn.com | Ashlyn Brooks
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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Nov 8, 2024 | 
bankrate.com | Ashlyn Brooks |Natasha Cornelius |Tony Steuer
The back-to-back devastation of Hurricanes Helene and Milton left homeowners grappling with overwhelming repair costs. Helene alone tore through Florida, the Carolinas and parts of the Southeast, causing up to $47.5 billion in total damage. Yet here’s the harsh reality: an estimated 80 percent of Florida property owners were uninsured against flood damage — meaning countless families now face staggering out-of-pocket costs to rebuild.
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Nov 1, 2024 | 
bankrate.com | Ashlyn Brooks |Natasha Cornelius
Published on November 01, 2024 | 8 min read Bankrate is always editorially independent. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249).
