NLIC.org

Brian Said:

Loan interest rates, insurance costs, titling tax, finance charges...HELP!?

We Answered:

Keep this in mind when buying insurance: Car insurance does NOT have to cost a arm and a leg. The reason why people pay more than they should is that they don't take a few minutes and simply ask more than one insurer about their rates. Getting more than one quote WILL save you money.

At the very least, if you get two quotes, you can either compare and take the cheaper one, or tell the other to match or beat it. Think about it. Not getting multiple quotes is just a bad move, and you're telling the insurance agents to rip you off. You compare when you go to the store, why not compare when you're spending hundreds, maybe thousands a year on car insurance?

Another thing: Get ONLINE car insurance quotes. They only take minutes to do, you don't have to talk to anyone online, and you'll get better rates because you're dealing directly with the company, not their insurance agents. You're practically guaranteed to save, because you won't be paying that agent fee.

You'll find more info on car insurance, and some places to get some pretty good online rates here:

http://www.axalda.info/car-insurance.htm…

Earl Said:

Title Service and Title Insurance on a Refinance?

We Answered:

Title insurance is not "so much a year". It insures you- but in this case it is much more important that it insures the mortgage company that you have a clear title to the house. If you have an IRS debt that has created a lien or a large construction repair or whatever then they want to be protected.

So- yeah- as long as the mortgage company requires it then you will have to pay it. You could try and re-fi thru your existing company using a streamline procedure- that may save you that cost- but the rate may not be as low.