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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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The Difference Between Whole and Term Life Insurance

By Sabado Domingo

Smart financial planning involves taking the time to make sure that the family's assets are maximized to their fullest extent and protected. One of the ways that you can make sure to protect your family in the event of an emergency is by purchasing a ...

Continue reading The Difference Between Whole and Term Life Insurance

May 21, 2025

Finding Affordable Car Insurance: What It Took to Get a Quote 25 Years Ago

By Tex Freitag

Auto insurance can be expensive. Of course, everyone wants affordable car insurance. But if you don't take the time to find a better deal on your car insurance premiums, you're likely to pay even more than you're currently paying. Car insurance ...

Continue reading Finding Affordable Car Insurance: What It Took to Get a Quote 25 Years Ago

April 30, 2025

3 Things That People Overpay For

By Sabado Domingo

No matter how thrifty you think you are, the truth is, most people are constantly spending money; it's just part of being an adult. And if you have any level of property or responsibility at all, you have operating costs and overhead, just like a ...

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April 16, 2025

A Life Insurance Primer for Newbies

By Neal Frankle

Life insurance is boring. Who wants to curl up at night and read the fine print of a life insurance policy? Nobody normal that's for sure. Still, if other people rely on you financially, there's no topic more important. This is true for healthy ...

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March 31, 2025

What Is GAP Insurance for Cars and When Should You Buy It?

By Len Penzo

Many years ago, I worked with an old engineer who always wore a belt and suspenders. Always. One day I pointed out that fashion snobs consider a belt and suspenders to be a serious sartorial faux pas. He was unimpressed. "I know," he said, "But ...

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February 3, 2025

Is Earthquake Insurance Worth It?

By Len Penzo

When it comes to living in Southern California, earthquakes are a part of life. But don't be fooled: Earthquakes can happen anywhere. With that in mind, many people often ask me: Is earthquake insurance worth it? Thankfully, after 35 years of ...

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November 25, 2024

3 Car Insurance Myths That Don’t Help You Save Money

By Sabado Domingo

The Internet is a wonderful resource and platform for spreading misinformation at the same time. When it comes to auto insurance, for every great resource or article, there is also a website that posts incorrect and misleading information about ...

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October 30, 2024

Understanding the Lengthy Car Accident Settlement Process

By Enero Febrero

There were 40,990 fatal car accidents in 2023, which is a decrease of 3.6% from the previous year. Injured victims may file a car accident claim to provide financial support for medical expenses, property damage, and other losses after an accident. ...

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August 2, 2024

4 Ways to Save Money on Commercial Vehicle Insurance Premiums

By Sabado Domingo

Expense management is a key part of running any business, and commercial vehicle insurance can be an area where costs grow quickly. On average, businesses spend between $150 and $175 on commercial vehicle insurance. So whether you operate a small ...

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June 19, 2024

6 Questions Insurers Ask Before Giving a Car Insurance Quote

By Enero Febrero

Car insurance is an integral, yet expensive part of everyday life. The world is a very unpredictable place, and you should always make sure you have a backup plan for unforeseen times. When getting a quote, there are certain documents you must have. ...

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June 12, 2024

Documenting Injuries and Losses: A Crucial Part of Bicycle Accident Claims

By Sabado Domingo

We all know the joy of cruising down a scenic path on a bike. Unfortunately, bicycle accidents are more common than we'd like. Over 130,000 people in the United States are treated for bicycle-related injuries annually. Injuries and losses sustained ...

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May 24, 2024

7 Reasons Why an Insurance Adjuster Might Reject a Compensation Claim

By Tex Freitag

Getting fair compensation from the insurance company is the end goal for any individual or organization filing a claim. However, insurance companies are in business to make a profit. For this reason, they'll try reject a compensation claim if they ...

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May 24, 2024

Justice Through Representation: The Impact Lawyers Have on Car Accident Claims

By Sabado Domingo

Thousands of car accident victims file claims annually, and their success depends on their legal representation. True to that, the average pay for a car accident claim is an impressive $25,000, while minor crashes or personal injury cases range ...

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May 24, 2024

Navigating Insurance Claims After a Motorcycle Accident: Dos and Don’ts

By Len Penzo

In 2022, California witnessed 10,597 motorcycle accidents, resulting in numerous claims for damages and compensation. Dealing with insurance claims after such incidents, especially in places like Bakersfield, can be complex and frustrating, given the ...

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May 22, 2024

How to File an Insurance Claim After a Home Fire

By Corazon Gritar

Here's a frightening fact: a house fire breaks out in the US every 86 seconds. If you've ever experienced this kind of terrible and tragic event, then you know how overwhelming the aftermath can be. Homeowners whose property has been destroyed or ...

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April 9, 2024

4 Good Reasons to Own Business Insurance

By Enero Febrero

There are many good reasons to own business insurance. For example, if you want your business to be successful, it's important that you have adequate insurance. Even if you're a small business that's just starting out, you still need it. And while ...

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March 27, 2024

Why You Need Life Insurance to Protect What You Have Built

By Enero Febrero

Life insurance can help protect the lifestyle you have built for you and your family. The benefits afforded by life insurance go much farther than replacing income, although a policy can provide a spouse or child with income replacement if something ...

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February 28, 2024

Selecting Life Insurance: Here’s How to Do It the Right Way

By Enero Febrero

Selecting the right kind of life insurance is important for anyone ready to make this financial step. So is there a big secret for selecting life insurance? Well ... as with all things regarding your financial life, the person who can give you the ...

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January 3, 2024

10 Old Wives’ Tales Masquerading As Financial Rules of Thumb

By Len Penzo

It's been said that if the palm of your right hand itches, you'll soon be coming into money. On the other hand (seriously, no pun intended), it's also been said that if your left palm itches you'll soon be paying out money. Don't laugh. There are ...

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December 4, 2023

How Much Gold and Silver Should People Own?

By Len Penzo

Ever since I started writing about the importance of owning physical gold and silver as insurance against the inevitable failure of the US dollar, I've been receiving an increasing volume of questions in my inbox from folks curious to know more about ...

Continue reading How Much Gold and Silver Should People Own?

October 30, 2023

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