4 Things About Insurance Companies You Should Know

When you become an adult, you’ll probably realize you need insurance. The more of it you have, the better you will feel. You might need homeowner’s insurance, various car insurance varieties, life insurance, and potentially dozens of other kinds. There are some things about insurance companies, though, that either the general population doesn’t realize, or else they don’t spend very much time thinking about them. We’ll talk about insurance companies a little bit in this article, and we’ll point out some ways they operate that you should never ignore. They’ll…

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What is a No-Fault State?

what is a no fault state mean

Article Updated June 1, 2023 – Currently, there are 12 no-fault states in the U.S. These include Florida, Kansas, Hawaii, Massachusetts, Minnesota, Michigan no fault insurance, New Jersey, New York, North Dakota, Pennsylvania, Kentucky and Utah . If you live in a no-fault state, it means that a driver has to first file a claim with their own insurance company if they’re in an accident. Every state sets its own laws as far as who pays for an accident. Sometimes when there’s an accident involving two parties, the goal isn’t…

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