Author: Myles Ma CPFC
The hidden impact of hurricanes: Higher insurance premiums
Hurricane Idalia struck Florida’s Gulf Coast with intense wind and rain, causing an estimated $9.4 billion in insured losses. 1 Big storms have an impact far …
If you want to keep your home insurance, watch for prying eyes in the sky
Insurance is an information business: Your home insurance company needs to know how likely you are to file a claim to decide how much to charge …
Here’s how Biden plans to make mental health care easier to access
Health insurance is so complicated that 41% of Americans have avoided getting medical care because they knew or feared insurance wouldn’t cover the costs. Mental health …
Getting rich versus financial wellness: Why you need to know the difference
Whether your priority is to invest smarter, buy a house, or travel more, the financial success that leads to each milestone is really only part of …
5 insurance moves to make if you’re getting divorced in your 50s
The divorce rate for older Americans has roughly doubled since the 1990s, according to a 2017 analysis from the Pew Research Center. Divorce can have massive …
Home climate proofing can lower your bills. Why aren’t people doing it?
All over the country, climate change is making it more expensive to own a home. In California, Florida, and other coastal states, many home insurance companies …
As auto insurance prices rise, why don’t more people take advantage of this discount?
Rising car insurance rates are piling financial stress on Americans. 43% of insured drivers in the U.S. said they’re paying more for car insurance than they …
Climate change will make extreme precipitation in the Northeast ‘the new normal’
Vermont received more than two months’ worth of rain in July, part of one of the wettest and most destructive months the northeastern United States has …
3 reasons people buy whole life insurance instead of term
Out of all the individual life insurance policies purchased in 2021, 40%, or 4.1 million, were term insurance, an affordable form of life insurance that only …
Your credit score and marital status affect your car insurance rates — should that change?
Car insurance rates are increasing, and it might make you wonder: How do companies decide how much to charge? Aside from your driving history, car insurance …
Why your health insurance company may owe you money
Health insurance companies estimate that they will send about $1.1 billion in rebates to their customers in 2023. 1 These rebates are the result of a …
How to get ready for an endless flood season
Flooding can affect you regardless of where you live or what time of year it is. Hurricane season is beginning to drift further North up the …
