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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Why It’s Important to Insure a Rental Property

By Sabado Domingo

An investment property is likely to initially cost more than a single-family home. Buyers don't get the loan benefits of buying an owner-occupied property. Plus, multiple residents increase the likelihood of accidents and structural damage to the ...

Continue reading Why It’s Important to Insure a Rental Property

September 23, 2020

Don’t Go Chasing Waterfalls: Is Flood Insurance Worth It?

By Tex Freitag

The entire cost of natural disasters in the US in 2019 was estimated at over $40 billion. Floods are one of the biggest contributors to this -- especially in areas prone to flooding. If you live in such an area, flood insurance is certainly something ...

Continue reading Don’t Go Chasing Waterfalls: Is Flood Insurance Worth It?

May 21, 2020

Can an Unwed Spouse Be Put on Insurance Policies as the ‘Named Insured’?

By Sabado Domingo

The ongoing pandemic has made one fact clear: No matter how much we earn, it's extremely important to manage our personal finances in an efficient manner. The spectrum of the insurance industry is so vast that it is hardly possible for an individual ...

Continue reading Can an Unwed Spouse Be Put on Insurance Policies as the ‘Named Insured’?

May 19, 2020

5 Finance Management Tips Everyone Wishes They Had Known Sooner

By Enero Febrero

Nowadays, money is everything; it pays the bills, secures a future, and makes life more comfortable. But, if we want to live the dream and never stress about finances, we need to know how to manage them. Of course, if you are in a pinch and need ...

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May 5, 2020

Economic Collapse 101: Ten Ways to Prepare for the Unknown

By Len Penzo

Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well ... not so much. It's no secret that ...

Continue reading Economic Collapse 101: Ten Ways to Prepare for the Unknown

March 9, 2020

How to Get Monetary Compensation For a Car Accident

By Enero Febrero

After you get into a car accident, there are a few very important things that will likely be on your mind: how can you recover from your injuries, and how can you get compensated for the medical costs and employment losses that you have incurred as a ...

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January 30, 2020

What Is Professional Indemnity Insurance?

By Sabado Domingo

If you are in the advisory business and make a profit by selling your knowledge and skills, you may benefit from purchasing a professional indemnity insurance policy. Professional indemnity insurance will protect you and your business from claims ...

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January 22, 2020

The 50 Biggest Money Mistakes Household CEOs Make

By Len Penzo

I'm not ashamed to admit I make mistakes. After all, everybody screws up occasionally; for us humans, mistakes come with the territory. For example, I remember the time I decided it would be great fun to play Wii golf for eight consecutive hours. ...

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January 20, 2020

4 Proven Solutions to Help Cut Your Car Insurance Costs

By Enero Febrero

Motorists all across the United States are increasingly complaining about the high costs of insurance. After all, any honest analysis clearly shows that a big chunk of car ownership costs goes towards insurance premiums that have to be paid monthly ...

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November 22, 2019

8 Factors You Need to Consider When Taking Out Business Insurance

By Sabado Domingo

When you're running a business there are many risks and scenarios where you could be financially exposed if you don't have the right insurance coverage. If you're unsure what sort of coverage you need, you should inquire about typical portfolio ...

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November 6, 2019

Everything You Need to Know About Life Insurance & Life Settlement Companies

By Tex Freitag

A number of people are still reluctant when it comes to life insurance, mainly because they don't know too much about it. Life insurance doesn't directly benefit oneself. However, it is one of the most important things you need to set up for your ...

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October 8, 2019

Reasons Why You Should Hire a Motor Vehicle Accident Lawyer

By Tex Freitag

I wanted to race cars. I didn't like school, and all I wanted to do was work on cars. But right before I graduated, I got into a really bad car accident, and I spent that summer in the hospital thinking about where I was heading. I decided to take ...

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September 6, 2019

What is Gap Insurance and How Does it Work?

By Tex Freitag

You know that there are different types of car insurance policies that are available. It will be a bit complicated to make a choice especially when you do not know what you are looking for. One of the things that you may have heard about is gap ...

Continue reading What is Gap Insurance and How Does it Work?

August 14, 2019

The 13 Most Important Items Everyone Should Keep in a Fireproof Safe

By Len Penzo

For some people, it's tough letting go. Of anything. Take my wife, for instance; she saves everything. The other day the Honeybee showed me her baseball ticket from our very first date way back on September 24, 1995. And if I ever feel oddly ...

Continue reading The 13 Most Important Items Everyone Should Keep in a Fireproof Safe

July 15, 2019

Full- vs. Limited-Tort Car Insurance: Are the Savings Worth the Risk?

By Sabado Domingo

Insurance. Guarantee. Protection. These are things that we want to have when we're talking about big investments like a house or a car. It's only right to think that way, especially because these things are the fruits of our labor. After all, we toil ...

Continue reading Full- vs. Limited-Tort Car Insurance: Are the Savings Worth the Risk?

May 24, 2019

How to Save Money By Choosing the Right Car Insurance Company

By Sabado Domingo

If you own a vehicle it's crucial that you have car insurance. If you're like most people, you're probably struggling to decide on which company to purchase a policy from. The problem is there are hundreds of car insurance companies offering ...

Continue reading How to Save Money By Choosing the Right Car Insurance Company

April 30, 2019

8 Strange Insurance Policies Many People Actually Buy

By Jennifer Landis

We're all familiar with the basics of insurance. You probably have health, auto and homeowner's or renter's insurance policies already. You may even have life insurance in case something happens to you or your spouse. But these aren't the only ...

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April 16, 2019

6 Things Everyone Should Know About Life Insurance

By Enero Febrero

Life insurance is a means of protecting your loved ones from unforeseen financial difficulties if something should happen to you. In essence, it provides financial security for your family in the event of your untimely demise. Your family's ...

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April 5, 2019

How New Health Insurance Plans Could Cost You Your Health and Finances

By Tex Freitag

healthcare on a budget

Have you been concerned lately about your current health-care coverage? If so, you're not alone. According to The Commonwealth Fund, 71% of uninsured adults felt that they could not afford coverage. And for those who did pay for the coverage, three ...

Continue reading How New Health Insurance Plans Could Cost You Your Health and Finances

March 27, 2019

A Quick Overview of Some Important Life Insurance Benefits

By Enero Febrero

Life insurance is one of the major pillars of financial planning. In fact, it is the one of the simplest and best ways to financially safeguard the future of your loved ones in your absence. However, many people are still unaware of the benefits that ...

Continue reading A Quick Overview of Some Important Life Insurance Benefits

March 6, 2019

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