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Pros and Cons of Leasing vs. Buying a Car

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Deciding on leasing or buying a car can be difficult. Weighing the pros and cons can help determine what the best option is so you can unlock your wallet.  Image: Vichaya Kiatying-Angsulee / FreeDigitalPhotos.net

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Car Insurance and Loans Spotlight10

How Many Insurance Quotes Should I Get?

Monday April 21, 2014

You hear it all the time. Getting quotes on auto insurance can save you money. Well, how many quotes should you get? It can be a lengthy process getting multiple car insurance quotes. How do you know when to purchase a policy or get more quotes?

Really there is no right or wrong answer. The more quotes you get the more informed you will be about what is available to you. I would recommend 3 to 6 quotes to get a good feel for the market. You should be able to find a reasonably priced policy after checking with 3 to 6 insurance carriers. If not, you might want to reconsider the type of vehicle you own and ways to improve your driver risk.

When considering where to get car insurance, check a variety of insurance sources. Talk with an independent agent, a captive agent, and if you do not mind the internet, check with a direct insurance carrier. Checking with a variety of sources will allow you to make an educated decision about cost, coverage, and service.

Can a Divorce Raise My Car Insurance?

Monday April 14, 2014

Everyone knows divorce is not cheap. It can also have a negative effect on your car insurance. Different factors can apply to different scenarios, but often it adds up to an increase on your car insurance. Some of the factors which trigger an increase include:

Being on your own can put you in a one vehicle household. Plus, no longer having ownership over a home can cause you to lose the multi policy discount. Look into a renter's policy to keep this major discount and protect your belongings. Credit scores are also playing a role in insurance rates. It is important to protect your credit score for future financial wellbeing.

Suggested Reading

New Federally Backed Anti-Texting and Driving Ads

Monday April 7, 2014

Its time to get serious. Texting and driving is dangerous and currently 43 states and D.C. have laws which ban it in some way. But are the new laws doing the trick? Do speed limits stop all drivers from speeding? Maybe some, but definitely not all drivers respect the laws of the road. To encourage drivers to stop texting and driving new federally backed anti-texting and driving ads will be coming to a TV near you.

The new ads are pretty graphic and are meant to scare you. They make it very clear it only takes a moment of distraction to change or possibly even end your life forever. The ads are targeted for ages 18 to 34 which is the same age bracket that has been deemed most likely to text while driving.

Do you think a scare tactic will have an impact on young drivers?

Further Reading

Evenflo Car Seat Buckle Recall 2014

Saturday April 5, 2014

First is was Graco, now its Evenflo car seats that are being recalled voluntarily by the company. The recall includes 1.3 million seats and is for the same reason as the huge Graco car seat recall. Sticky buckles can trap kids in their seats forcing the harness to be cut off in extreme situations to get the child out.

I can think of a lot of reasons I might want to get my child out of a car seat in a hurry, and I don't carry a belt cutter around with me everywhere I go. Ranging from an emergency bathroom break to being stuck after an accident, this could get serious quick. Please be aware of which models are being recalled and get the replacement buckle.

Evenflo's Recalled Seat Models
  • Momentum
  • Chase
  • Maestro
  • Symphony
  • Snugli
  • Titan
  • SureRide
  • SecureKid
Prefix Numbers 306, 308, 310, 329, 345, 346, 371, 385

If you have one of these recalled car seats, you should contact Evenflo at 1-800-490-7591.

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