Insurance salvage auto auctions are like a unknown and uncharted territory to most. While you can get some excellent deals there, you need to know how to properly use them to you advantage or you could end up getting burned. Use these FAQs as a guideline before even thinking about going to one.

1. What is a salvage auto auction? An insurance auction is basically a regular car auction that only sells vehicles that insurance companies have labeled as salvaged.

2. What are salvaged cars? Salvaged cars are those that have been in an accident, flood or fire and are considered totaled by the previous owner’s auto insurance. A salvage car could get that title for something as little as having the airbag deploy in a minor fender bender. Or be completely burned to a crisp. (more…)

MAKE YOUR TRAVEL WORRY FREE WITH TRAVEL INSURANCE

As you plan your next travel experience you should be certain not to overlook one very important detail—travel insurance. Many travelers opt to skip this step in the hopes of saving a little money. What you may not know is that insurance does not have to be expensive. In fact, this very cheap travel add-on can get you one thing that money does not always buy–peace of mind.

When you invest in a high quality policy you are guaranteeing that if the unthinkable happens and you or someone in your party experiences an accident or becomes ill, you are protected. For Australians traveling abroad, travel insurance will protect you from financial disaster should and accident or illness incur. You will also be protected in the case of property theft. The Australian government believes insurance is important enough to advise travelers to skip their trips altogether if they are not insured. (more…)

What’s the purpose of a short term major medical insurance policy? These policies provide temporary health coverage, and sometimes even dental coverage, to people who need coverage for just a short time, whether they are:

* Recent college graduates looking for a job with insurance benefits

* A new employee waiting for their benefits to begin

* Someone between jobs who did not take COBRA benefits or whose COBRA benefits have run out

These plans, which can cover an individual or an entire family, usually have terms of between one and six months, and can be renewed for up to 36 months. Most plans even allow you to terminate coverage early with no penalties once you no longer need it. (more…)