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Cash Deposit Fees: Bank of America, Chase, and Citibank were the ones mentioned. I can only say that they are assisting customers in a Structuring Scheme/ Willful Blindness. Any cash over $10k has to be reported in accordance w/ Federal Regulations, Bank Secrecy Act, etc. So, if you are a customer, you may not do the f...more
Wow, State Minimums on Liability need to come way up. It appears Alaska and Maine lead the pack with $50K BI/ $100K Aggregate BI per Accident/$25K PD. Anyone reading this knows that it is fairly unlikely to cover a brand new total loss with $25K. However, those two states actually are doing better than the others. I am...more
Teenage driving is improving
On the positive side, the number of teenagers who die in motor vehicle crashes has declined, from 8,748 in 1975 to 3,466 in 2009, says the Insurance Institute for Highway Safety. One thing that has been helping to reduce teen fatalities is graduated driver-licensing programs. They are des...more
Heck, when I was young, I cut grass during the Summer & shoveled driveways in the Winter for cash. I don't see many kids doing this today. Yes, I saved it, but it was not for retirement, but it was used for school clothes & school supplies. Later on, I worked during the Summer saving to pay for College, Room, & Board....more
I was a Multi-Line/ Multi-State adjuster for The Erie Insurance Group years back when Steve Milne was still around in a wheel chair, and he use to tout he never missed a day of work in his life. Well, one day he died at work. Yeah, he lived the good life! Anyway, most of the time, I had bigger problems with handling ad...more
Note to Author : Write a column on saving consumer's money on insurance by shopping around, applicable & necessary coverages, raising Comp & Collision Deductibles, Bundling Policies when necessary, ceiling coverage amounts as to protect oneself against Uninsured/ Underindsured accidents.
This article needs to be reviewed, revised , and rewritten:
-Carefully review Coverage: Do this when you take the policy out w/ the Agent. Is this an open periled policy or named peril policy? ACV or Replacement Value? Exclusions? Endorsements to add coverage?
-Take Photos and Video: Man, that is not going to help ...more
83% of Wal-Mart's Suppliers are in the People's Republic of China. Hey Wal-Mart, why don't you try to get things made here in the USA that way it will save on transportation costs. Just a thought Bentonville, Arkansas.
3/15/2011
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