Allstate Now Offering Auto Insurance for Uber Drivers (Demo)
Allstate announced on Wednesday that it will now be offering auto insurance plans for drivers who pick up passengers via apps like Uber and Lyft. According to Chicago Business, the brand new Ride for Hire policy will come with a
Experts Suggest Driverless Cars Could Slash Auto Insurance Rates
As driverless cars continue to become more and more of a reality, experts suggest that we could eventually see auto insurance rates begin to drop. A recent study by RAND Corp. found that the increased safety benefits from self-driving cars
New Federal Rules Make It Tougher to Get a Reverse Mortgage
Thanks to a set of new federal rules doled out earlier this week, it has now become a bit more difficult to obtain a reverse mortgage on your home. The good news, however, is that for those who do get
Report: Financial Sector ‘Rooting’ for Mortgage Rate Hikes
As mortgage interest rates continue to remain at historic lows, potential homebuyers are loving it and the financial sector is hating it. “There’s virtually nothing in the financial services area that’s benefiting from continued lower and lower rates,” Barclays CEO
Wells Fargo Caps Subprime Auto Loans
Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers. As reported by CNBC, according to execs, the San Francisco-based banking giant “is limiting the dollar volume of
Advance Auto Bringing Jobs
According to officials, Advance Auto Parts will be employing 600 workers in North Carolina by the end of 2017. Average pay for workers will be around $110,000 per year, and Governor of North Carolina says that the company could get
Insurance Companies Predicting Your Death
It is not a simple question to ask customers when they think they will die. Life insurance companies must take it upon themselves to determine when a potential customer will perish before they will invest. Companies compile large amounts of
San Francisco Is Most Expensive City In U.S. For Home Buyers
According to a report released by HSH, San Francisco is the most expensive city in the United States for home buyers. San Francisco homes have a median home price of $679,000 with median monthly payments of $3,199.69. The report calculates that a
Household Debt Continues Increase
According to a survey done by the Federal Reserve Bank of New York, American household debt has increased for the third straight quarter. The report on household debt and credit revealed that mortgages have dropped to the lowest level since
