Even when there are no injuries, car accidents could be financially devastating without insurance. Vehicle insurance is designed to make sure that owners do not have to come completely out of pocket for all of these expenses. However, changes in the broader economy can impact car insurance rates in ways that are beyond the […]
While every business and industry is impacted by shifting economic conditions, for the insurance industry that ebb and flow will result in what are called “soft markets” and “hard markets.” Macroeconomic conditions force changes in the insurance industry that will either increase or decrease prices for both existing and prospective insurance buyers and will […]
The age problem in the plumbing and other blue-collar trades is steadily getting worse. The average age is 49 years old across the entire trades industry. Plumbers, in particular, tend to be older than other tradesmen as well. In Texas, the average plumber is 58 years old and quickly nearing the minimum retirement threshold to […]
I receive a lot of questions about this topic. Most of us put our savings to purchase real estate. There are a few using IRAs. This is also called Self Directed IRA. Most IRA investors use their retirement plans for stocks, bonds and mutual funds. However, very savvy investors choose the Self-directed IRAs. These investors […]
I’m pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it’s not as lucrative or easy as they thought it would be. In fact, owning a rental property can be a major pain, and end up costing you a ton of money! I […]
I was recently asked this question by one of our BLW Insurance Agency clients, and thought I would share the answer here for our readers. There are a lot of things that go into homeowners and auto insurance rates, one of them being credit. I’ve heard a lot of complaints from people who don’t like the […]
Why do my auto insurance rates keep going up even though my car is getting older? At BLW Insurance Agency, many of our clients ask this question so I would like to address it from a couple of angles. First things first, even though it’s called car/auto insurance, it covers more than just your car. […]
