Are you covered if homeowners insurance policy information is incorrect?

taxypayer22847Oct 08, 2018

I’m wondering if an insurance company could deny my coverage if a disaster happens and, after the fact, they determine that information I supplied when signing up...

Car Accident – Can I get Cash/Check instead?

jfraczekOct 08, 2018

My vehicle (pick-up truck) was legally parked on a street and a car struck my truck and caused some damage to the body and bumper. When I called, the other...

Is it advised to minimize life insurance cover as investments grows over the time?

AastikOct 08, 2018

I am investing for retirement. I have covered myself with term/life insurance. I understand importance of insurance; that is not what I am asking here. Premiums paid for...

What would happen if something were insured twice?

AJFaradayOct 08, 2018

This is purely hypothetical and I’m not sure how it would work. Let’s say that I own a house and I insured the building and its contents. Then I contacted...

Why isn't auto insurance included in DTI

MarioSOct 08, 2018

The debt-to-income ratio includes monthly payments such as your mortgage, car payments, student loan repayments, and child support. However, it doesn’t include...

Business Bank Account vs Personal Bank Account

Cody RutscherOct 08, 2018

What is the best practice when opening up a business bank account for a business that I anticipate to be worth more than $250,000. Does the FDIC insure amounts more than...

Insurance Producers and Church Tithe

Mathguy0914Oct 08, 2018

Getting ready to sit for my examinations and these questions popped into my head. Curious about the nuances of illegal inducement in these circumstances. I know there...

Can previously low wages hurt my chances of an approved home loan?

Sav S.Oct 07, 2018

Some quick stats about me. Received a pre-approval for $280,000 Credit Score: 808 Current Salary: $63,500 Job: Junior Software Engineer My main concern here is regarding...

Should I pay extra towards my mortgage or HELOC?

4exchangeOct 07, 2018

My first mortgage has a balance of $147k with 4.75% fixed interest rate. My home equity line of credit (HELOC) has a balance of $87k with prime minus 1.1%. I’ve...

How to calculate someone's true net worth?

MuzeOct 07, 2018

Is there a way I can look up or calculate another person’s net worth through math? Is a person who is making credit card, car, house, etc payments owe more that...