Tag: rental

After living as renters for the first seven years of their marriage, Geoff and Kristi decided it was time to purchase their first house.

They chose to pass on making a purchase earlier in their lives for reasons ranging from unstable job security to high mortgage rates. Whether justified or not, Geoff and Kristi kept making excuses for not pulling the trigger on a new-home purchase. They had no idea of the opportunity they were missing to start building their personal wealth through home ownership.

Uncertain economic times are impacting everyone in a thousand different ways. In order to cut expenses, many couples are foregoing more exotic destinations, such as a two-week trip to the South Pacific, opting instead to plan trips closer to home. "Discovering America" can help save on a variety of expenses, like the cost of getting a passport among many other things, as well as help boost local economies at the same time. However, when planning that next vacation, couples can save a bit extra by avoiding the often unnecessary cost of rental car insurance, which can be as much as the rental itself.

Many times, purchasing full rental insurance is unnecessary. A rental vehicle used on your vacation qualifies as a ‘non-owned automobile’ under most personal auto policies that have comprehensive and collision coverage