Insurance News, Views, Tips & Tricks

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Woody Allen once said “There are worse things in life than death. Have you ever spent an evening with an insurance salesman?”

Insurance is an odd product. It’s one of the few things in life that you buy with the hope that you’ll never have to use it.

This page is home to articles on all aspects of insurance. Topics of interest include the nuts and bolts of life, health, home, and auto insurance policies, umbrella (liability) coverage, and more.

By now, I’m sure that you’ve all heard about the troubles with Healthcare.gov, the online portal for buying health insurance under the Affordable Care Act (i.e., the ACA, or Obamacare). Curious as to what all the fuss was about, I decided to try it out myself and see if the […]

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Signing Up for Obamacare

by Michael on Oct 7, 2013 · 2 comments

A week or two ago, I received a letter from my employer detailing the requirements of the Affordable Care Act (ACA, or Obamacare). Apparently this notification, which included general information about the ACA as well as detailed information about our current coverage, is a requirement under the law. Why? Mainly […]

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This is just a quick note to let you know that the ever-popular USAA has decided to reverse course and is no longer offering their financial services to non-military individuals. For background, USAA was founded in 1922 as a military-only insurance outfit and eventually grew into a full service financial […]

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With open enrollment is just around the corner, I thought I’d take a moment to highlight the new HSA contribution limits for 2014. As a reminder, an HSA (Health Savings Account) is a special, tax-advantaged savings account that you can use if you have a high-deductible health plan (HDHP). By […]

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Over the past week, I’ve been giving myself a crash course in Medicaid planning. I guess that’s what happens when your parents advance in age and start having health problems. In case you weren’t aware, most states require the elderly to spend down their assets to a few thousand dollars […]

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Living Off Life Insurance

by Michael on Jul 8, 2013 · 3 comments

In response to my post about handling a windfall, a reader named Eliza asked: What do you do when the windfall is accompanied by tragedy? My darling husband of 27 years lost his battle with leukemia, leaving me a widow at 50. Yuck! Now I am not only dealing with […]

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Does Car Insurance Cover Tire Damage?

by Michael on Jun 19, 2013 · 6 comments

Over the past week or so, I’ve been having a run of bad luck with cars. Not long after I got my speeding ticket, I suffered a flat tire. I had driven to the airport and all seemed well when I parked and headed to my flight. But, upon my […]

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Over the weekend, I got a speeding ticket. According to the deputy who pulled me over, I was going 65 mph in a 45 mph zone. The worst part is that I got busted in a known speed trap — a short stretch of highway where the speed limits drops […]

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