Consumers see their banks as more of a stressful utility, rather than a financial advisor. According to the Future of Money report released by Cognizant, banks are not proactive with the financial needs of their consumers; 90% of consumers surveyed stated that they primarily deal with their bank for simple transactions only. 'Simple transactions' exclude any discussion around financial health, including insurance coverage or retirement savings, according to the report, which surveyed about 3,000 consumers in the United States and the United Kingdom. The report also concludes that consumers are keenly feeling the lack of financial advice, especially as they often
Tips On Buying Homeowners Insurance
For many of us, a tremendous amount of research and work goes into buying a home. When my husband and I bought our first home two years ago, I was surprised to learn that everything I thought I knew, I didn’t really know – including how to choose homeowners insurance I hadn’t thought about homeowners insurance until my mortgage company called and told me they needed my policy information. Panic poured over me. What policy? What are my options? How much coverage do I need? Where do I start? I was overwhelmed with questions and at a loss for answers. I had a whole lot of research to do and with a mortgage already underway, not a lot of time to do it. Homeowners insurance policies can be confusing and complicated, especially if…
Garage Door Opener 101
The average American garage door opens and shuts 1500 times a year, and it's bound to break. When it does, it's time to go shopping. Here's everything you'll need to know.
Landlord Insurance 101: A Guide to Rental Property Insurance for Owners
More and more Americans are becoming landlords — either by necessity or choice — but do they know what it takes to insure their rental property? Co...
5 Myths about Travel Agents
There are many misconceptions about travel agents due to the ever-changing travel industry. Here are some of the most common myths about travel agents.