You likely know that the Federal Deposit Insurance Corporation (FDIC) insures bank deposits, but what if you use a credit union? Don’t worry—your money is still insured by the National Credit Union Administration (NCUA), an independent federal agency regulating credit unions. And the best news is that FDIC and NCUA insurance protect your hard-earned cash the same way and up to the same limits. What is NCUA insurance? The National Credit Union Association (NCUA) is a federal agency that...

If you have children or dependents that rely on your income, you need life insurance. While there are plenty of different varieties, term life insurance is often the best—and cheapest—choice. Term life insurance is simple, basic coverage that pays your beneficiaries a death benefit if you die during the policy’s term. And it’s the most affordable form of coverage; by analyzing rates from 12 leading companies, we found that you can get $250,000 of coverage for as little as $9 per month. There...

Sure, buying life insurance may not be as much fun as other shopping activities like surfing Zillow or test driving new cars, but now more and more Americans are skipping it altogether—and financial planners say that could be a big mistake. Particularly if you’re young, putting off buying insurance could cause you to have to pay much higher premiums later. Life insurance comes in many forms, from complicated policies that can double as investments to minimal ones designed merely to cover...

Whether you’ve just struck out on your own or you run a major operation with dozens of employees, chances are you’ve poured your heart and soul into your small business. Business insurance can protect your life’s work against an unexpected calamity. For most businesses, a basic business owners policy, or BOP, that packages general liability, property insurance and business income coverage will be sufficient. But if you have employees, you may need additional coverage, such as workers’...

From Zuma Beach to Redwood National Park, California is known for its incredible landmarks and natural beauty. But according to the U.S. Bureau of Economic Analysis, it’s also one of the costliest states to live in, second only to Hawaii. That higher cost of living is also reflected in auto insurance premiums; the average cost of car insurance in California is about 7% higher than the national average. Key takeaways: The average cost of car insurance in California is $1,633 per...