When to Consider Switching Insurers

November 29, 2021 by First Federal Bank

While it’s important and in some cases legally necessary to have insurance, you’re by no means locked into getting your coverage from one company. The same way you can improve your situation by looking for a new job, home, or car, you can explore your options when it comes to insurance. In some situations, switching insurers is the smart play...

Topics: Insurance

Picking Up The Pieces After Storms Damage Your Home

November 24, 2021 by First Federal Bank

Whether wind, snow, hail, or a hurricane damages your home, recovering from a storm is a complicated process. Even if the damage was minimal, figuring out how to repair the problem, receive compensation for your loss, and deal with insurance claims can be overwhelming. The following tips can help you navigate the situation:

Topics: Insurance, Home Owners

Choosing the Right Health Savings Account

October 11, 2021 by Chrissy Cribbs

A Health Savings Account (HSA) offers a wealth of benefits. It can help you save on taxes, aid in bolstering your retirement fund, and earn tax-free interest on your savings. Forbes contributor John Goodman claims no other savings vehicle can top an HSA. However, specific HSAs are tailored to meet distinct needs. In order to maximize your...

Topics: Financial Education, Insurance

Do You Need Disability Insurance?

October 04, 2021 by First Federal Bank

You’re already paying for so many types of insurance coverage — including health, home, and automotive — so you may be hesitant to pay for yet another type of insurance that you’re not obligated to have. But just because a certain insurance coverage isn’t required doesn’t mean it’s not a good idea.

Topics: Insurance

Health Savings Account 101

September 08, 2021 by First Federal Bank

Medical expenses can extend way beyond the bill you receive from your doctor’s office. If you have a high-deductible health plan, you may be privy to a health savings account (HSA). With an HSA, you can deposit tax-free funds earmarked for paying off a range of medical costs including copayments and deductibles. Here is a closer look at the...

Topics: Financial Education, Healthy Living, Insurance

What Home Insurance Actually Covers

June 23, 2021 by First Federal Bank

Your home is a major investment, and anything that goes wrong on your property could result in extensive repair costs. You don’t want to find out when filing a claim that your policy doesn’t cover what you thought it did — and you’re stuck paying for repairs out of pocket. These are the four primary categories that most standard homeowners...

Topics: Insurance, Home Owners

Reasons to Go Paperless

January 25, 2021 by First Federal Bank

If you’re inundated with requests by utility providers, department store credit cards, and insurance companies to “go paperless” but haven’t made the switch to digital statements yet, you’re missing out on some great benefits.

Topics: Technology, Insurance, Credit Cards

Save On Insurance with Smart Home Discounts

January 22, 2021 by First Federal Bank

Having a connected home offers a broad range of benefits that include unparalleled convenience, increased efficiency, and superior security. On top of all this, upgrading your home with smart devices can also have the benefit of earning discounts on your homeowners or renters insurance.

Topics: Insurance, Home Owners, Home Improvements

When Should You Change Insurance Companies?

December 16, 2020 by First Federal Bank

Most of the time, it doesn’t matter if your insurance is good or not; you pay your premiums and go about your day. But in a crisis, it’s crucial that your insurance company has your back. If the insurer you’ve been paying fails to come through for you, a bad predicament can turn into a real disaster.

Topics: Saving Money, Insurance, Home Owners

Benefits of Bundling Insurance

November 04, 2020 by First Federal Bank

Many insurance policyholders like to sign up for coverage, set their monthly premiums to automatic payment, then put it out of their mind. But it’s important to examine your policy from time to time to ensure that you’re getting the lowest rates. Another way to save money on your insurance is to take advantage of something called “insurance...

Topics: Insurance, Vehicles, Home Owners

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