Are you prepared for a Natural Disaster?

Are you prepared for a Natural Disaster?

Every year, we seem to experience damaging storms like last year’s Hurricane Harvey and Hurricane Maria. And hurricanes aren’t the only natural disasters we have to worry about. This time of year also brings wildfires, tornados and other potentially disastrous weather conditions. When a hurricane, wildfire or other natural disaster hits, many people aren’t prepared: Dealing with damage to your home or being forced to evacuate for days, weeks or

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Are You Getting a True Comparison?

Are You Getting a True Comparison?

How accurate are insurance comparison tools? As these tools have sprouted up all over the Internet, it’s a fair question—and the answer depends on which type of tool you’re using. There are two types of insurance comparison tools. The first is owned and engineered by a specific insurance company, such as Progressive or Geico. These tools are designed to allow you to compare multiple policies from that single provider. Some

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Lower Price Insurance Can Still Offer High-Touch Service

Lower Price Insurance Can Still Offer High-Touch Service

When you bought that cheap TV on Craigslist and it stopped working a week later, your roommate may have said: You get what you pay for. It’s a classic adage that means if you want high value, you must pay a higher price. While the saying holds true in some cases (cheap toilet paper, anyone?), it’s not a universal truth. In some cases, you truly can save money and still

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You Get What You Pay For? Not Always the Case with Insurance

You Get What You Pay For? Not Always the Case with Insurance

A cheap pair of shoes will probably wear out long before an expensive pair. And a housepainter with the cheapest rates may leave more smudges on your walls than the more expensive alternative. But when you pay less for insurance, that doesn’t necessarily mean you’re getting less value. Unlike shoes and paint jobs, insurance prices don’t vary based on value: Each insurance company is required to pay for covered claims

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How much homeowners insurance do I need?

How much homeowners insurance do I need?

Your home is likely your most valuable investment, and the right homeowners insurance can protect that investment against the risk of fire, hail and other damages. But your insurer will only pay for as much as your policy warrants, so it’s crucial to make sure you have enough insurance to cover the cost of potential damages. Home insurance typically covers four different things: the structure of your home, the contents

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Insurance 101: What You Need to Know About Insurance to Save Money on It

Insurance 101: What You Need to Know About Insurance to Save Money on It

We all need car insurance, home insurance or renter’s insurance, but many of us don’t quite understand how it works. But if you understand how insurance works, you’ll be more likely to save money on insurance. Here’s what you need to know. How Insurance Companies Make a Profit  Insurance customers pay premiums every month or year, and most of the time, insurance companies collect more in premiums than they pay

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What’s Covered by Home Insurance (And What Isn’t)?

What’s Covered by Home Insurance (And What Isn’t)?

If you own a home, you need homeowner’s insurance to protect your investment. But many homeowners are uninformed about the types of damages that insurance will cover. For instance, when Hurricane Harvey battered the Gulf Coast last year, leaving flooded homes in its wake, 80 percent of its victims did not have insurance coverage that included flood damage, according to USA Today. Rather than leaving your home—and your financial situation—vulnerable

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Impacted by the California Wildfires? Read This.

Impacted by the California Wildfires? Read This.

At Gabi, our hearts go out to those who have been impacted by the recent California fires. We love California; it’s our home. Because we are a team of insurance experts, we wanted to lend some wisdom and advice (with regards to insurance) for those impacted by the fires. Hopefully, this post will alleviate some of your worries so that you can intend to more important things.