What actually happens to Americans with no health insurance who receive large hospital bills? Are they expected to pay back $100,000 for emergency surgery?

This happened to my Mother. Twice. Not quite $100K each time, but huge, life-altering medical bills. My parents have always struggled. They have never had great jobs and they’ve never had medical insurance. My Dad is covered through the VA but that’s it. They did not have any coverage for basic care, let alone catastrophic … Read more

Will your insurance go up if someone hits your parked car? What happens if an insurance company refuses to pay a claim?

This will depend on your policy. If you receive a discount for not having any claims, then yes your insurance would increase for filing a claim like this even though it was no fault of yours. This type of claim is filed under your uninsured motorist coverage. Make sure it is paid under this coverage … Read more

How do I save on car insurance?

There are a number of things you cannot change. Being older is a massive benefit. Having no claims in the last seven years is huge too. But there are some things you can do: Have a cheaper, low-power car, under 1L. Preferably a common make and model, so that repair costs are lower. Not too … Read more

Can you rent a car without owning car insurance?

Yes, you can rent a car without owning car insurance. You will just have to buy temporary insurance in order to rent the vehicle. There are 3 ways to obtain rental car insurance: If you rent vehicles frequently you can buy a non-owners policy; (rates can be compared on sites like Insurify.com) From the rental car … Read more