What Are The Types of Health Insurance?

If you are a worker bee, like the majority of Americans who have health insurance, your workplace picks a plan and you just basically go with the flow; if you’re lucky, the plan includes dental and optical as well, and, if you really lucked out, there is a disability policy in place for you too.

If, however, you are a single subscriber because you are in business for yourself, or have lost your job and must obtain health insurance, there are wide range of options out there to choose from.  In the past, if you couldn’t afford it, you might have gone without health insurance, but, since the advent of the Affordable Care Act (“ACA”) or “ObamaCare”, it is the law that you must have health insurance in place or pay a fine.

Below are some salient points to help you muddle through understanding the various types of insurance – remember that you can always make it easy on yourself, by consulting with someone whose skill and expertise in the insurance field will make the choices easy for you to understand – such a person would be John Savadjian, an insurance broker in New Jersey.  A top insurance broker like John Savadjian can go over all of your insurance needs with you and can help you choose the best plan for the best price.

What Are The Types of Homeowners Insurance?

Insurance premiums may sometimes seem to be the bane of your existence, but, think of the alternatives, if you had no insurance for your vehicle or/or home and there was catastrophic damage to either one?  Your home is probably your largest asset, and, without adequate insurance in place, quite possibly, your finances could be wiped out in a matter of moments.  You often hear stories of devastating tornadoes, and, in their aftermath, you view the shocking photos of a home with only the foundation remaining and a family gathered together looking at the devastation, but thankful that their lives were spared.  When you see devastation from a tornado, a fire – or even a robbery, having good insurance in place, will help to make you and your family whole.

What Are The Types of Car Insurance?

Nothing compares to your “first set of wheels”, no matter how many years that you are a vehicle owner.  Everyone remembers their first car, whether it was a hand-me-down from Dad, or an old clunker you got dirt cheap that ran.

The biggest downer about owning your first car, or your current car for that matter, is not the amount of money you must pay for maintenance and gas for the vehicle, but the funds you expend to insure it.

But today’s cars are not your Dad’s car from back in the day.  He may have just buffed out a mark where someone keyed the car or nicked the bumper.  Today, just a wayward grocery store cart that slammed into a tail light or a minor or major collision may not only mess up the exterior of the car, but the electrical system may also be in peril too, thus repair costs will skyrocket.  That is why you should be wise about what type of coverage you need for your vehicle.

Health Insurance Post Obama Care

The official name is “The Patient Protection and Affordable Health Care Act”, but that title is usually shortened to “The Affordable Care Act” or “ObamaCare”.  It was signed into law by President Obama on March 23, 2010 and represents the most significant regulatory overhaul of the United States healthcare system since 1965 when Medicare and Medicaid were passed.