Insurance

Friends and family members often turn to me for tips and advice on anything that has to do with personal finance decisions. That includes asking for recommendations on where to get the best insurance for less. A few days ago, a close friend of mine sent me an email with a question about hazard insurance...

Ohio is one of the most beautiful and dynamic states in the United States, with large urban cities, charming small towns, and verdant farmland spanning hundreds of miles. Despite its beauty, living in Ohio has its risks, and homeowners should always prepare for potential damage to their property. Ohio's temperate climate and northern location leave...

Finding car insurance that is both affordable and dependable can be challenging. In the state of Ohio, it is mandatory to insure your car before you drive. The Ohio Bureau of Motor Vehicles states that the minimum car insurance requirements are $25,000 for property damage; $25,000 for bodily injury liability of one person; and $50,000...

Like most states, Kentucky requires drivers to have auto insurance. Not only will you have to provide proof of insurance if the police pull you over, but you'll also need it when you register your vehicle. If you fail to provide proof of insurance coverage, the punishments can be severe. They might include a canceled...

Should you have guests over on your property who are hurt or experience damaged property, you could be held liable. When unexpected situations occur, it’s best to be as financially prepared as possible. That’s why homeowners insurance is so important. Although it may seem pricey, homeowners insurance provides you with a security blanket to avoid...

Seat belts are a critical safety feature in cars. They save lives and reduce injury in the event of car crashes. However, most drivers and passengers take them for granted. We want every person to be aware of when they need to replace their seat belts. The first seat belts were invented in the 1880s....

FRANKFORT, Ky. – Open Enrollment for 2018 Marketplace health insurance plans at healthcare.gov is quickly approaching. The Health Benefit Exchange within the Cabinet for Health and Family Services is working to ensure Kentuckians are prepared, informed and have the resources they need to choose a 2018 health plan.  This year’s open enrollment, which runs from November 1 until December 15, is what’s known as a passive enrollment period. Kentuckians who already have...

FRANKFORT, Ky. — The Kentucky Department of Insurance announced today a national service that provides consumers with the capability to search online for lost life insurance policies and annuities. The National Association of Insurance Commissioner’s life insurance policy locator tool provides a search capability for individuals looking to find lost policies, and it is currently...

The cost of owning an automobile extends beyond maintenance and fueling costs. One of the biggest expenses motorists must plan for is auto insurance, the cost of which can vary greatly depending on geography and driver history. But no matter where drivers live or what their histories are, there are some simple ways for drivers...

KENTUCKY — Few people want to face their own mortality when they are in the prime of their lives. However, thinking ahead and making advanced plans can save family members considerable heartache. Life insurance policies can help men and women make things easier for their spouses, children or siblings. Life insurance provides financial security in the...

LOUISVILLE, Ky — If you were looking for a job at a small employer in 2015, you'd have a harder time finding one that offered health insurance compared to 2012, according to a report released by the Foundation for a Healthy Kentucky. In fact, while 98.3 percent of Kentucky businesses with 50 or more employees offered...

FRANKFORT, Ky. — The official kynect open enrollment ended at midnight on Feb. 15 with more than 158,000 Kentuckians signing up for private health insurance or Medicaid coverage "We had a tremendously successful second open enrollment period, with many new individuals signing up or continuing their health coverage through kynect," said Gov. Beshear. "When people...

KENTUCKY — In this week’s Dave Says, a reader asks about life insurance. Dear Dave, I started looking at life insurance policies after my wife and I had our daughter. During the screening process, I found out I had testicular cancer. I went through treatments, and the doctors have officially declared me to be in remission....

FRANKFORT, Ky. — Concerned that the minimum auto insurance allowed under Kentucky law doesn’t provide motorists with enough coverage for property damage, a panel of state lawmakers met Tuesday to discuss whether legislative action was needed. “The current limit seems to be sufficient to cover the vast majority of claims,” Carl Breeding, representing the Property Casualty...

KENTUCKY — The 10 percent of Kentuckians who remain without health insurance are less likely to have heard much about Kynect, the state health-insurance exchange created under the federal health-reform law, than those who have insurance. But overall, the uninsured are only a little less likely than all Kentucky adults to have heard anything about...

FRANKFORT, Ky. - Kentucky is five days away from the start of open enrollment for Qualified Health Plans on the federal marketplace healthcare.gov. Currently, about 84,000 Kentuckians have a current QHP purchased on the exchange. Here are “five things to know” about the move from kynect to healthcare.gov. 1. Transition facts: We expect a smooth transition...

LOUISVILLE, Ky.  — Baptist Health has announced a significant expansion of its health-insurance business, introducing new insurance plans for the Medicare Advantage and individual markets. For more than 20 years, Baptist Health quietly operated Bluegrass Family Health, covering nearly 80,000 members in Kentucky and parts of adjoining states in the traditional commercial market, offering insurance...