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Poor credit history can harm your ability to buy home and car insurance

Poor credit history can harm your ability to buy home and car insurance

The cancellation of homeowner’s insurance policies in Florida based on consumers’ credit histories is drawing close scrutiny from state insurance officials.   In a recent letter to Insurance Commissioner Kevin McCarty, the state’s insurance consumer advocate, Robin Smith Westcott, criticized insurers for using legal claims and financial judgments against policyholders, along with …

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Need for speed could jeopardize your car insurance

Need for speed could jeopardize your car insurance

If you have a need for speed, it could get you in trouble with your car insurance company. Policyholders who drive at a racing facility in a car covered by a standard car insurance policy are taking a trip down the fast lane to financial hardship, says Loretta Worters, a spokeswoman …

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Unexpected ways to lose your car insurance

Unexpected ways to lose your car insurance

Everybody knows your car insurance could be canceled for a serious infraction like driving drunk. But what if it gets canceled because you didn’t wear a helmet while skateboarding? Or you own a company that makes firearms? Not likely, right? Actually, these are two recent cases when motorists were told by car …

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