Is Your Classic/Collector Car Underinsured?

In the wake of hurricanes Harvey and Irma, two of the worst storms to make landfall in the U.S., the fate of thousands of homeowners is still up in the air. So, it may seem a bit trivial to point out that the storms also destroyed thousands of luxury and classic cars. While the dollar amount of damages pales in comparison to the loss of homes, estimates put the total at somewhere between $100 million and $300 million for luxury and classic car damages alone, which is not a trivial amount.

Read More

How to Reduce Life Insurance Costs

With rates as low and competitive as they have ever been, it’s as close to a “buyers” market in life insurance as we’ll get.  Still, in these cash-strapped times, curbing all costs and expenses is a priority for most people, and buying life insurance is no different.

Read More

Sequence of Returns Risk is the Real Threat to Your Retirement Plan

Even as the stock market works its way to new highs, retirement savers, still shell-shocked from the extreme volatility of recent years, are slow to wade back into equities. Smaller investors tend to ignore the history that shows that the market eventually rewards those who can withstand the fluctuations and stay the course through the various market cycles. In fact, for accumulators, their biggest risk is not the potential 25 percent decline in the market; rather it’s missing the next 100 percent increase.

Read More
Subscribe to Risk Management