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Acceptance Insurance – High Risk Driver Coverage


At Acceptance Auto Insurance, we’re committed to delivering value to our customers in every possible way: lower costs, products you need, better service, convenience and over 350 neighborhood locations. Our people work hard to help you get, and stay, insured. We know that auto insurance is a necessity for people who work for a living. And we want to help you feel safe and protected while driving. To find a location near you, go to www.acceptanceinsurance.com. We offer free fast quotes online or call 800.704.7024 to speak to a customer representative today.

Acceptance Auto Insurance (NYSE: FAC) is a leading provider of personal automobile insurance and other related products. Headquartered in Nashville, TN, Acceptance markets its services through the Acceptance Insurance, Yale Insurance, and Insurance Plus brands. The company operates over 350 retail locations in 13 states.

What Are My Life Insurance Options With a Pre-existing Medical Condition?

Finding life insurance for the medical patient is not as frustrating as many individuals may think. Some insurance companies may deny a policy immediately under the right circumstances, but most companies choose to insure the client with preexisting conditions for a lower amount. Being patient is a virtue when shopping for life insurance. There are many companies in the market, so it is important to request as many quotes as possible.

One important decision will be choosing a whole life policy versus a term life policy. Many term life policies do not pay fully until after two years, but many also do not require medical information. Mant insurance companies will still perform a medical information investigation before making a decision on policy approval. It is a good idea to have recent medical information at hand, including a recent assessment letter from your doctors. Even heart and cancer patients can be approved for life insurance if treatment has been effective in stabilizing the problem.For many insurance customers with prior conditions, finding a company that does not request medical information may be the best option. It is much easier to receive a quote initially, but they rarely come with premium guarantees. Premiums rates will almost assuredly be higher than whole life or screened term life insurance.

Some insurance companies may request more recent medical information in the event the potential client has not been to the doctor recently. However, most individuals with serious conditions see a doctor regularly because medications are often lifetime therapies and are necessary for patient maintenance. Assembling all medical records is always a good preparatory step before requesting premium quotes, including condition stability analysis from all medical professionals who have requested testing. When a pre-existing condition is properly treated many insurance carriers are willing to downgrade the risk associated with insuring those individuals. For example, there are a lot of life insurance options for diabetics who properly manage their condition.

The primary option may well be to contact a licensed insurance broker who is associated with a large number of companies who can provide multiple quotes and explain exactly what the coverage provides. Consulting with a professional life insurance agent can help with having necessary medical information at hand when the agent processes the premium and parameter inquiry. In addition, agents who cannot locate an affordable policy that provides a sufficient level of coverage may be able to refer the customer to another agency which specializes in life insurance coverage for clients with preexisting medical conditions.


Life Insurance Basics

Many people who think about buying life insurance for the first time wonder if buying a policy is worthwhile. They have enough bills to pay already. Why add anything else, especially if it is for something they may never use?

It is tempting to skip paying for a life insurance policy altogether. Without a life insurance policy, however, an individual stands to put his or her family in more financial difficulty. In the event they die, they leave their family without a stream of income they were not only used to, but that was crucial to keeping up with their rent, car payments, groceries and other living expenses.

In addition, the family would have to pay several thousand dollars to plan an unexpected funeral. This could cause the family without life insurance to endure extreme financial difficulties and face foreclosure or bankruptcy as a result. The tragedy is that a nominal life insurance premium payment would have been all it would have taken to avoid this.

You want to make life insurance as affordable for you as possible. There are two types of policies to choose from – term life insurance and whole life insurance. You can choose how much coverage you would like depending on your family’s financial needs.  The more coverage you purchase, the more the policy is likely to cost. Term policies are generally less expensive than whole life policies and are great for young families, smokers looking to get life insurance coverage, or anyone in a high risk life insurance situation. Whole life policies build cash value a policyholder can use, while term policies do not.

Other factors that go into the price paid for life insurance is a person’s health and age at the time of applying for coverage. Talk to a life insurance agent to find out which types of policies and coverage limits are best for your budget, age and plans for the future.


Things You Should Know About Medicare Plan F

Healthcare is an important part of life, and we all want the best out of both. This is because they are often inversely related. The fact is, the better healthcare, the better quality of life we have, and the more we will get out of it.

Even for those that have private health insurance, you may want to get a Medicare supplement plan. Also known as Medigap polices, these plans are designed to fill in holes in the coverage between what Medicare will pay and what the patient is billed. Many doctors now accept such plans, making them an invaluable investment. Other things Plan F covers is a whole year of hospital costs after your Medicare benefits have run dry.

Plan F in particular is an attractive choice, covering co-insurance for Medicare Parts A and B. Those who like to travel will be pleased to know that another benefit offered by this plan is coverage for health emergencies that arise abroad. In short, Plan F is the most popular because it offers the most benefits and coverage amongst all of Medicare’s supplemental plans. As you might expect, it is also the most expensive since cost is generally proportionate to cover in the world of insurance. However, it is money well spent.

Before you begin shopping, consider whether or not you are able to afford Plan F. Bear in mind that this plan may require you to pay up to a $2000 deductible before it pays for the rests of costs incurred in a hospital or doctor’s office. Planning ahead will ensure that you don’t have to terminate use of Plan F at a later date if you find that it is just too expensive. It is possible that Plan F is not suitable to you, but there are many other Medigap plans out there that may be more tailored to your needs and budget. If you have to stop use, you will have to qualify for another Medicare plan all over again. Talk to someone who knows more about these plans before purchasing, and you’ll be sure to make the right choice, along with having peace of mind as you get older.


Saving Money On Life Insurance

Purchasing a life insurance policy is a wise decision for most people. The death of a loved one can impose severe financial burdens on the surviving family members. The deceased’s funeral expenses are just one of the financial concerns following a death. The loss of the decedent’s income severely affects the lifestyle of the surviving spouse and children. A life insurance policy will ensure that your dependants will be provided for financially in the event of your death. A life insurance policy will provide the money to pay for necessary expenses such as house payments, college tuition and the continuing financial support of a spouse and children.

Choosing a life insurance policy can be confusing. There are a wide variety of life insurance products on the market, ranging from permanent life insurance policies, which build a cash value, to renewable term life policies. Deciding which type of insurance policy is right for you will depend upon your personal situation and preferences. Regardless of which type of insurance policy you choose, you can save money by doing some and research and by comparison shopping for the best insurance value and best life insurance for your needs. However, remember to only compare similar types insurance policies to each other when considering prices.

Learning a few insurance basics can help you save money on any insurance policy. Generally, term life insurance policies are cheaper than insurance policies that build up a cash value. Term life insurance covers you for a stated period of time. Term life insurance policies can be purchased with fixed premiums over 5, 10, 20 or even 30 years. Since term life insurance policies are cheaper, you can use the money you save on the monthly premiums to make other investments.

Your health has a significant impact on insurance premiums. Insurance rates are based on risk. The better your health, the lower the risk you pose to an insurance company. Insurance companies consider many factors when evaluating your health. Smoking, obesity and high blood pressure are just a few relevant factors an insurance company considers when pricing a policy. You can lower your insurance premiums and save money by getting healthier. Stop smoking. If you are obese, lose weight. Take active measures to get your blood pressure under control. In addition to saving money on your life insurance, you will reap the benefits of being a healthier person.

Carefully consider the type of insurance policy you are purchasing. Evaluate the agent commissions and other fees that are associated with the insurance policy. Many insurance policies are front loaded with fees. You can save money by avoiding insurance policies that charge high fees and commissions. Many insurance companies offer policies with guaranteed acceptance. Guaranteed acceptance policies are high priced with limited benefits. These types of policies are riskier for the insurance companies, and they pass this risk on to you in the form of higher premiums and smaller payouts. You can save money by avoiding these kinds of policies. Take the time to shop around online for the best deals on an insurance policy.


What Is Medicare Open Enrollment?

medicare open enrollmentFiguring out how to navigate through Medicare is a bit of a challenge for even the most financially savvy individuals. If you’ve never dealt with Medicare before, there are a lot of different sections and different terminology that you have to get familiar with. One of the terms that often confuses people is “open enrollment.” What exactly is “open enrollment” and how does it affect you?

Open Enrollment

Open enrollment is a period of time that occurs every year, in which eligible individuals can choose to participate in Medicare plans. This is the time of the year in which you can change your plan if you want. The open enrollment period can change from one year to the next, although it is typically in the last few months of the year. For example, it may run from around October or November through December.

Guaranteed Coverage

During the open enrollment period, you are guaranteed to get accepted into the insurance plan. They cannot base your rates on your previous health conditions either. That means a beneficiary with diabetes can opt to enroll in Medigap Plan F (which covers nearly all of the gaps left by Medicare) and will pay the same premium as a perfectly healthy beneficiary. This makes it possible for everyone to get health insurance coverage, regardless of what kind of condition they have been in.

Compare Everything

When you start shopping around for a Medicare plan during the open enrollment period, it is common to just look at the plan with the cheapest premiums. While the cost of the premium is definitely important, it is not the only factor that you need to look at. You need to look at the out-of-pocket maximum as well. If you are going to be using the medical services frequently, this is the amount of money that you could end up spending each year.

Look at the Details

During the open enrollment period, you may be considering getting a Medicare Part D plan. This helps pay for your prescription drugs. During this stage, it is important to make sure that the plan you choose has the type of medications that you need. Not all Part D plans cover the same things. If you choose a plan that doesn’t have the drugs you need, then it’s going to end up costing you a lot of money out of pocket for the prescriptions that you need later on.

Overall, there are a lot of factors that you have to consider when choosing a policy during the open enrollment period. If you don’t take the time to look carefully at every single component of your policy, then it will come back to bite you.


Buying A Medicare Advantage Plan

Medicare Advantage PlansMedicare Advantage Plans are a form of health insurance that can be purchased by people who are age 65 or older who belong to both Medicare Part A and Medicare Part B. Private insurance companies market the coverage, and Medicare heavily subsidizes the premiums. That is a great advantage to the purchaser of the policy because some of the premiums are as low as $0 per month. The premium prices range from the $0 figure to upwards of around $100.

The policyholder stays enrolled in Original Medicare, however the Medicare Advantage covers over the top of Original Medicare. Many of the plans, also called MA plans offer prescription drug coverage along with the regular coverage. If a person purchases a plan that does not have prescription drug coverage, then he or she can purchase a private Part D plan that would be a stand-alone policy. There are no medical underwriting requirements required for a person to qualify for these plans.

The Medicare Advantage plans work just like a group health plan that an individual would receive if he or she worked for an employer that provided group insurance coverage. It has deductibles and co-payments and covers both doctor and hospital medical procedures.

There are two basic modes of coverage; HMO and PPO. HMO, stands for Health maintenance Organization, and provides full upfront coverage for the most part. The insured is assigned a primary care physician, who “quarterbacks” the overall care for the insured. The primary physician must approve any other treatments and specialists. The insured is also relegated to a specific area as to where he or she can receive coverage.

The other model is the PPO, or Preferred Provider Organization model. This coverage is also provided through a network of doctors and hospitals, although it is usually a much wider network and can cover a wider geographical area. There is no need for a primary doctor as the insured can see any doctor or specialist any time he or she wants.


Senior Life Insurance

When a loved one dies, grieving family members are often tasked with making important end of life decisions. From burial arrangements to resolving unpaid debt, many families face financial difficulties during an already stressful time. Securing quality, reliable senior life insurance is an easy and effective way to protect loved ones after you pass with the financial security and confidence they need.

Why Life Insurance is Important

As a senior citizen, you may be wondering why at this point, it makes sense to purchase life insurance. There are basically three reasons why a quality senior life insurance plan is a smart idea: to help cover the expenses of a proper burial and funeral, to continue providing  living expenses for family and loved ones after you pass and to leave behind financial security for children or grandchildren. The right policy is a financial tool that can alleviate stress and help those you care about have the means to make important choices easily and conveniently.

Choosing the Right Coverage

Choosing the right senior life insurance plan begins and ends with having the right information. After all, the more you know, the easier it will be to make informed choices. Decisions concerning the type of coverage you want and how to secure the most competitive rates comes from taking time to educate yourself about what is available and finding reputable, trusted professionals to help you navigate the often confusing world of senior life insurance. You can find help online, and comparing your options is still the most effective way to find a quality plan you can afford.

You Have Options

Despite what you may have heard about buying life insurance later in life, you have options. In fact, there are a variety of senior life insurance products to fit a wide range of needs, making it easy to find exactly what you’re looking for even within a budget. Whether you’re interested in pursuing whole life insurance, term life for a specific period of time or burial insurance, you can find the coverage you need at a competitive price.


Life Insurance Basics

Many people who think about buying life insurance for the first time wonder if buying a policy is worthwhile. They have enough bills to pay already. Why add anything else, especially if it is for something they may never use?

It is tempting to skip paying for a life insurance policy altogether. Without a life insurance policy, however, an individual stands to put his or her family in more financial difficulty. In the event they die, they leave their family without a stream of income they were not only used to, but that was crucial to keeping up with their rent, car payments, groceries and other living expenses.

In addition, the family would have to pay several thousand dollars to plan an unexpected funeral. This could cause the family without life insurance to endure extreme financial difficulties and face foreclosure or bankruptcy as a result. The tragedy is that a nominal life insurance premium payment would have been all it would have taken to avoid this.

You want to make life insurance as affordable for you as possible. There are two types of policies to choose from – term life insurance and whole life insurance. You can choose how much coverage you would like depending on your family’s financial needs.  The more coverage you purchase, the more the policy is likely to cost. Term policies are generally less expensive than whole life policies and are great for young families, smokers looking to get life insurance coverage, or anyone in a high risk life insurance situation. Whole life policies build cash value a policyholder can use, while term policies do not.

Other factors that go into the price paid for life insurance is a person’s health and age at the time of applying for coverage. Talk to a life insurance agent to find out which types of policies and coverage limits are best for your budget, age and plans for the future.


4 Easy Ways to Save Money This Summer

/ By  
4 Easy Ways to Save Money This Summer -- Mint.com:blog

Summertime isn’t all fun and games!

The season of suntans and lazy poolside afternoons can also mean expensive treats and an unwanted energy bill spike.

Keep summertime affordable (and stay cool) with these money-saving tips:

Make Your Own Iced Coffee.

If your summer routine includes a standing iced-mocha date at your local coffee shop, you’re about to be spending extra money!

Iced-coffee is almost always more expensive than its hot counterpart (sometimes by as much as 20 percent), so your summertime caffeine fix can start to take a toll on your wallet.

But here’s a solution: homebrew your iced coffee!

If you don’t want to just chill hot-brewed java, there are a number of iced-coffee makers on the market (we like Bodum’s simple French press design).

Still need convincing? Check out how to make barista-worthy coffee drinks at home – including instructions on the proper way to make iced coffee!

Be Selective with Appliances.

Machines like clothes dryers, ovens and dishwashers are a summer double-whammy: they give off major heat when they’re running and they can cost you big money during peak energy hours (which are typically between 3 and 7 PM during the summer).

To see just how much these appliances cost you each day, check out GE’s handy data visualization tool.

You can’t avoid appliances entirely (clean clothes are important) but it is possible to avoid the periods of highest energy rates.

Try running laundry cycles at night or early in the morning, and skip the oven during peak hours. You’ll save money, stay cooler during the day and decrease the humidity in your home. Triple win!

Get More From Your Windows. 

If you have central AC, the breeze circulating through your house keeps you cool, but it also costs you serious cash.

In fact, your air conditioner accounts for about 70 percent of your home’s summer energy use, which carries over to your utility bill in a big way.

If you live in an area that cools off when the sun isn’t shining (sorry, Southeastern U.S.), open your windows at night! You’ll give your AC a break without overheating.

Tip: To maximize the air that flows in through your windows, create a crosswind by opening two windows directly across from each other!

Time Your Lawn Care.

The heat of a summertime sun means water evaporates quickly, meaning you’ll need more water to maintain green, lush grass.

To keep your energy and water bills as low as possible, water your lawn in the morning. The best time to kick the sprinklers on is between 5 AM and 8 AM, or right before the sun rises.

Never water your lawn between 10 AM and 6 PM, because the heat and sun will evaporate your water!

Tip: It may seem like a good idea to water at night, but leaving grass moist overnight can promote fungal growth, so stick to the morning if at all possible.


Life Insurance Basics

Many people who think about buying life insurance for the first time wonder if buying a policy is worthwhile. They have enough bills to pay already. Why add anything else, especially if it is for something they may never use?

It is tempting to skip paying for a life insurance policy altogether. Without a life insurance policy, however, an individual stands to put his or her family in more financial difficulty. In the event they die, they leave their family without a stream of income they were not only used to, but that was crucial to keeping up with their rent, car payments, groceries and other living expenses.

In addition, the family would have to pay several thousand dollars to plan an unexpected funeral. This could cause the family without life insurance to endure extreme financial difficulties and face foreclosure or bankruptcy as a result. The tragedy is that a nominal life insurance premium payment would have been all it would have taken to avoid this.

You want to make life insurance as affordable for you as possible. There are two types of policies to choose from – term life insurance and whole life insurance. You can choose how much coverage you would like depending on your family’s financial needs.  The more coverage you purchase, the more the policy is likely to cost. Term policies are generally less expensive than whole life policies and are great for young families, smokers looking to get life insurance coverage, or anyone in a high risk life insurance situation. Whole life policies build cash value a policyholder can use, while term policies do not.

Other factors that go into the price paid for life insurance is a person’s health and age at the time of applying for coverage. Talk to a life insurance agent to find out which types of policies and coverage limits are best for your budget, age and plans for the future.


Gift Ideas to Help Your Grad Start Off on the Right Financial Foot

/ By Mark Henricks
Gift Ideas to Start Your Grad on the Right Financial Foot :: Mint.com/blog

Nearly a third of us bestow gifts on graduates during a typical commencement season, according to the National Retail Federation, averaging just under $90 per gift.

The most popular item, favored by a sizable majority of givers, is the simple, practical and always-appropriate envelope stuffed with cash.

If you weary of feeling like a bagman for a numbers-running operation, however, or you worry the money will go for a new piercing or tattoo, consider these gifts with a personal finance flair.

A Slice of The Apple

Giving your grad the latest and greatest tablet could set you back $400 or more — and set your grad up for techno-envy whenever their favorite tech company comes out with the next iteration of its hot-selling gadget.

So how about a share (or two) of Apple stock?

Owning a bite of the Apple never goes out of style, and this gift will give the youngster a reason to learn about stocks and investing.

You can buy a single share of many publicly traded companies through a number of services, including Sharebuilder, FrameAStock.com, and Oneshare.

Financial Planning Session

A typical college student’s financial planning session involves mulling over whether to order two large pizzas and a pitcher of beer, or one pizza and two pitchers.

After graduation, when paychecks presumably start rolling in, however, budgets, savings, insurance, retirement plans and other higher-level concerns will become more important.

You can help your grad get his or her arms around their new financial responsibilities by laying out $100 to $300 for a pre-paid session or two with a Certified Financial Planner or other well-credentialed financial advisor.

A Roth IRA

Anyone who has sat through a commencement speech or two knows that graduates go forth to “follow their passions” and “make the world a better place.”

That sounds great, but by the time today’s graduates are accomplished enough to be asked to give a commencement speech, they may find that their passion has shifted more toward building a solid retirement portfolio.

You can help them get ready for that day with a Roth IRA. Future withdrawals from Roth IRAs are free of federal taxes and you can put $1,000 to $5,000 in today for tax-free growth until retirement.

There are restrictions, however. Recipients need some earned income to qualify, for instance. Talk to a broker or banker about details.

A Haberdasher Gift Card

Recent grads are, presumably, seeking employment. And flip flops and backwards ball caps probably won’t cut it for most job interviews.

So a gift card to a department store or other purveyor of suitable professional garments is sure to be appreciated and you can tailor the amount of the gift to your personal budget.

A designer men’s suit might set you back $2,oo0 (or more!) and $50 gift card to Target, meanwhile, would more than suffice for a women’s Timex watch with white lizard grain leather strap.

A Car-Sharing Club Membership

Thanks to you, your grad is dressed to impress and, with the help of a new watch, may even be on time for their first job interview.

But how to actually get to the prospective employer’s office across town when the only wheels they own is an ancient bike they pedaled to class as an undergrad?

The generation before might have taken the bus or bummed a ride from a friend if they were carless, but the 21st Century approach to this problem is car-sharing.

A Zipcar gift certificate is $25 and up and can pay for initial membership or hourly rentals. When the interview is done and the grad is back home, they just leave the vehicle where they found it and walk away.

They may not have everything just yet, but they’re on their way.

Mark Henricks reports on finance, business, technology and other topics from Austin, Texas. He is the author of Not Just A Living: The Complete Guide to Creating a Business that Gives You A Life and other books. Visit him online or on Twitter @markhenricks.