If you own a car and live in New York, it is imperative that you know the basics of New York car insurance coverage options. The following information will help you out:

Top three things about New York car insurance:

• Your driver must have an up-to-date car insurance that fulfills the NY required insurance coverage standards.
• Suppose, you have been pulled over by police for ignoring the traffic and do not have a current car insurance ID card, you will still get a ticket.
• There are plenty of insurance premium reductions or discounts available which will help you to save money. While you get insurance, you may ask about other insurance bundling premium reductions and discounts.

NY, a no-fault insurance state: This coverage is to help covered drivers and passengers to recover from an accident and get back to work. This coverage is provided irrespective of who might have caused an accident to occur. Here, Personal Injury Protection is a required no-fault coverage.

Personal Injury Protection: Personal injury protection covers all medical and rehabilitation expenses. It also provides death benefits and includes other household expenses. It bears a portion of the earnings from not being able to work up to three years.

Car insurance in New York- minimum coverage: If you have registered your car with the NY Department of Motor Vehicles (DMV), then your insurance needs to meet the New York liability coverage minimums. These include the minimum amounts for bodily injury, property damage, uninsured or undersigned bodily injury and basic personal injury protection.

Teen driver laws: According to the legislation of New York, a teen must be 16 years or above to apply for a learner’s permit. Then the teen goes through a process of continuous exams both written and practical, and if he passes, he can obtain a Junior License.

Teen license restrictions: The teen license restrictions differ from place to place. It depends on where you live. You need to go through the restrictions to know about those in your hometown.

Shopping at Target stores is indeed a pleasure so much so that many of us have fondly named it as – Tarjay. The minute you step into the magnanimous red doors, you are drawn into a world of its own for shopping at various price ranges, especially the under $5 section. The best features of Target stores is the very fact that there are a lot of budget-friendly options all-year round, and better deal when it comes to customer satisfaction, these Target stores are the best place to shop.

Best features of Target stores are that:
You can return your purchases by mail for free. Even if you had to step into a brick and mortar store to buy your products, you can log into the online return center on the Target store website page and put in a return request. You can just print out the prepaid return label, and the Target stores customer team will set up the return of items and even pay for the shipping costs. This is a feature that aids greatly for those who do not have a Target store in their locality.

There is a rain check feature which helps you plan your shopping spree. You definitely get irritated or more disappointed when you think you can get an item on sale and then walk into a store only to discover that the item is no longer on sale. To avoid such disappointing moments, Target stores allows you to make a rain check with the store on any item you want to purchase, and even if no stock is available you can get one at the same deal when the shelves are restocked after a sale.

There are perks when you bring the reusable bags you purchase at Target stores. On Earth day, target stores give away free reusable environment-friendly bags. And every time you carry this bag back to the store for your shopping, you get a $0.5 credit on your purchases. This is available all year round and there is no excuse why you cannot get the credit at any given point in time at any Target store.

Some of the other perks that Target stores include discounts when there are leftovers from your registry, the pricing is affordable, you get field coupons directly on your mobile phone and you can also sign up for freebies, etc.

Like any other insurance, having your boat insured is important too. There are various boat insurance policies with different types of coverages other than the basics. Boat insurance is a necessity as boats are expensive assets. A small damage caused to your boat or by your boat could burn a huge hole in your pocket.

Is your boat physically damaged?
When your boat has been damaged due to sinking, storms, theft, fire or collision, this insurance has got you covered. This policy usually covers permanent components such as motors, anchors, safety equipment, batteries, extra fuel tanks, etc. During the process of getting your boat insurance, be sure to ask if you will be insured for the boat’s actual cash value or the replacement cost. Depending on the policy, the reimbursement might vary. If you’re going for the policy based on actual cash value, you will be reimbursed depending on the current market value. Your other option would be to choose a replacement cost policy that will either replace your boat with the same model, or another model of the same range, or reimburse you the cost of repair to its initial condition.

Has your boat caused damage to another boat?
If you’ve had a little accident where you crashed into another boat or caused any damage to other docks or boats, liability coverage is the one. The accidental damage caused by your boat could be both direct or indirect. There will be situations where you might need protection from lawsuits that includes settlement and legal fees. A good liability coverage will have that covered too.

Other coverages and discounts
All owners have different usage and requirements. In addition to your basic boat insurance be sure to ask your insurer for coverages according to your needs. We also hear that boaters who complete an approved boating safety course are eligible for amazing discounts.

The process of loan application is usually hectic. Particularly when you’re taking into consideration a loan that could last for quite some time of your life, the accuracy of information, proper analysis of all the budget constraints now and in the years to come must be taken care of. Firstly, in this process, it is important for one to get hold of a copy of their credit report and make sure there are no errors in it. Incorrect information can lead to cancellation of the loan or lenders charging higher interest. On the basis of the affordability, down payment size, one can choose the type of mortgage loan required and a plan to suit their needs. You can get an FHA loan approval if you are a first time home buyer as it will help bring down your down payment percentage.

The market value of the house is determined, and when the application for mortgage loan completes, the borrower will have to provide lots of information which include his bank information, investment statements, proof of employment and few other documents. It would be a good idea to assemble all this information earlier to have a hassle free process. At the end of this, the lender decides whether to approve the application or not and if denied, the borrower is supposed to receive a statement in writing as to the reason for the rejection of a request from the lender.

You will have to provide proof of your ability to pay which plays a crucial role in the approval of your loan application. A wide range of documents will be checked for this purpose including financial statements, tax forms, employment history, etc.

The final step of this procedure is the closing process which involves all the people who were present and might be needed in the future concerning this loan. All the necessary papers are signed, and the deal is finalized. The ownership of the property is transferred legally to the buyer. The borrower would have to sign numerous documents during the closing procedure which include HUD-1 settlement statement, mortgage note, the truth-in-lending statement and quite a few other documents post which the application process ends and the borrower avails the mortgage loan.

If you have paid more taxes than you are liable to pay, the Federal Government will issue you a refund for the same. This mistake could happen when the employer deducts your taxes incorrectly. You are advised to check whether you are eligible for a refund or not. If you are, you will be issued a check for it within 21 days.

How to check the income tax refund status
Once you file the return, you may check whether it has been accepted or not. You may do this within 24 to 48 hours of filing your income tax return. If you have filed the return on time and are expecting a refund, you can check its status online. To check the income tax refund status, you need to have the social security number, the filing status, and the dollar amount of the refund at your disposal. You can use the online Where’s My Refund tool, as the system gets updated every 24 hours and is the easiest way to track your refund.

In addition to that, you can also call the IRS and check the income tax refund status over a phone call. You may have to wait for a longer duration to speak with a representative. You also have the option of using the automated phone system and following the prompts whenever you make the call.

The refund is issued within 21 days from the day you filed the tax return online, or within 42 days from the day you filed your paper returns. In case the refund has not been issued within these time frames, you need to investigate the reasons behind the delay.

Why is my refund not issued?
There are several reasons why you may not have received your income tax refund by the due date. One of the most common reasons for the IRS holding back the refund is the outstanding debt for the taxpayers. If you have an outstanding debt, the refund may not be issued to you until you make the payment for the entire amount outstanding.

You can easily check your income tax refund status online and contact a representative in case of any queries. Most refunds are issued on time and will be dispatched within 21 days from the date of filing of the return.

Traditional banks were the first banks to offer proper checkable deposits. These banks are very old and exist even today. Here are a few pros and cons of opening a bank account in traditional banks:

Pros:

Convenient: These banks usually have a various number of branches in different areas. Some banks even have branches in remote locations. This makes bank visits convenient for customers as they do not have to travel far just to make a deposit. These banks also provide the customers with free ATMs which make withdrawing of money convenient for customers.

Two options: Most banks allow the customer the luxury of either walking into a bank to facilitate transactions or simply using a smart phone. Banks provide the options of net banking and mobile banking.

Cash: Traditional banks still work by money. Any companies or customers who have the majority of their transactions in cash will be attracted to opening an account with a traditional bank. This will be beneficial for the client because the bank can satisfy their needs easily.

A variety of accounts: Traditional banks, being the first kinds of banks, have grown over time. They now provide opportunities to open all types of accounts. A customer can open both his current account and his savings account in one bank. This makes it convenient for the client.

Cons:

Interest rates: The traditional banks usually provide low-interest rates or no interest at all on savings accounts. This often acts as a feature that drives customers away from traditional banks.

Fees: As a matter of fact, all of these traditional banks charge large sums of money as fees for any little default against their policy. These big banks do not worry about customer satisfaction and how to provide personalized service to customers but only worry about how to keep the bank and business going. The majority of these banks charge high fees for not having the minimum balance in the account, for application of loan, for early repayment of the loan, etc.

Prevention is surely better than cure.  There are times when things crop up when we least expect it or are prepared for it. Falling ill is certainly one of them. This is exactly why we invest in health insurance policies, for those unforeseen circumstances.

Medicare, a federal health insurance plan, is typically for senior citizens who are 65 years or older. But those younger than the mentioned age and suffer from certain illnesses like Lou Gehrig’s disease or end stage renal failure also qualify for the program. Just when a steady income flow ceases with your retirement, the Medicare entitlement program is a blessing for quality medical care. Working, earning and paying taxes for a substantial period of your life gives you the right to enjoy Medicare benefits as you age. And for those who aren’t lucky that way, paying a little extra premium lets you enroll and benefit from the Medicare insurance plans.

Medicare insurance policies surely are plenty and advantageous as they help to integrate the costs of both doctors and hospitals, and increase its appeal with additional coverage schemes.  The variety of Original Medicare includes hospital insurance and medical insurance, for a cost anywhere between $110 to $140, depending on your income. Private insurance companies who are authorized by Medicare offer Medicare advantage plans for an additional premium over the basic cost. Apart from these, another choice is to pay monthly premiums for a Medicare Prescription Drug Plan.

Medicare works in collaboration with other insurance policies that you might have and provides coordinated benefits for you. While the primary payer pays till its coverage limit, the secondary (and tertiary payer, where applicable) subsequently pay all the costs that remain unpaid, after the first payer does his part.

While finding a Medicare policy comes easy it is important to read, research, and weigh the options thoroughly, and match it with your specific needs before picking the right Medicare plan.

As one grows older, moving into one’s sunset years, thoughts of how to plan financially for one’s last days are sure to come up, senior life insurance is essentially a life insurance plan that covers the cost of funeral expenses and other possible expenditure when one passes away.

Following are a few types of life insurance for seniors.

Term life insurance, as the very name implies are valid for a particular period, usually up to 20 years before the policy lapses. Term life insurance policies for seniors start around the US$50,000 mark and require the person applying for insurance coverage to undergo a full battery of tests to ascertain health status. Under the terms of such term life insurance policies for seniors, those who have a better health condition may be required to pay out less as premium than those who have some pre-existing health issues.

Whole life insurance policies are considered more viable, although they may require higher premiums than term life insurance. They do not have an expiry date and continue to remain valid as long as the premium payments are made. An added benefit of whole life insurance policies for seniors is that they may be treated as assets as they help to build cash value and may also be sold to an investor as a surety for borrowing money if a situation so warrants.

The third kind of life insurance for seniors is known as burial life insurance. The term may sound slightly morbid, but such plans cover the burial expenses of a deceased and are intend to support the deceased’s family in the face of very high prevailing costs of funeral expenses. Usually, these policies accept applicants in any state of health up to the age of 85. Burial life insurance policies carry a relatively lower face value ranging from US$ 5000 to US$ 20,000. An added benefit of burial life insurance for senior is that they provide with a cash benefit so that once the funeral expenses are covered, the remaining money can be used in any way desired by the beneficiary of the policy.

By seeking online life insurance quotes, seniors can find a policy that best suits their needs and budget.