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For example, if you have $2,000 in damage from a problem covered by the policy … car is worth $2,000 and you have a $1,000 deductible, the maximum insurance claims payment is $1,000. Keep …

How long you should keep them depends on how they are written. Claims-Made Policies Experts generally agree if you have renewed a "claims made" insurance policy, you can get …

Nov 16, 2016  · You need to keep records of your car insurance policy while the policy is in force. Once the policy expires or you have changed companies, you don’t need to keep a copy of it …

You do not want to have to keep papers upon papers for years over time. The quicker that you can get rid of this stuff, the more organized you are going to be. Only retain your insurance …

Personal Finance Insider writes about products, strategies, and tips to help you … your car insurance policy all together. In fact, cancelling your policy could cost more in the long run.

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For property and liability policies, such as auto, home, umbrella, etc., you need to keep only the most current coverage summary page, called the “declarations.” Your agent will keep electronic copies for years …

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In one way, however, pet insurance policies are the same. They don’t cover preexisting conditions, which is generally any …

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However, it is always a good idea to retain a copy of the policy agreement and declarations page for any current auto insurance policy. Because the IRS can audit taxpayers for returns regarding the past seven years…