Insurance Guides | Penny & Plan

Insurance How Are Car Insurance Premiums Calculated? How insurers build your car insurance price from a base rate and risk multipliers, which factors you can move, and the US, UK and Canada rating rules. 7 min read

Insurance How Much Life Insurance Do You Actually Need? The 10x-salary rule is a guess. How to size life cover from your actual debts, income gap and childcare years, and what the state already pays in US, UK, CA. 8 min read

Insurance Term vs Whole Life Insurance: Which Is Right for You? Whole life can cost around ten times what term costs for the same payout. Where that money goes, when it is worth it, and how the rules differ US, UK, CA. 8 min read

Insurance What Does Home Insurance Actually Cover? Your home policy is four separate insurances stapled together. Here is what each section pays for, what it never pays for, and how the US, UK and Canada differ. 8 min read

Insurance Do You Need Renters Insurance? Renters insurance is cheap, but that is not the reason to buy it. What the three coverages actually do, and how the rules differ in the US, UK and Canada. 8 min read

Insurance How to Lower Your Home Insurance Premium The renewal audit that actually cuts your home insurance bill, the deductible math worth doing, and the false savings that quietly cost you at claim time. 8 min read

Insurance What Is a Deductible (Excess) in Insurance? What a deductible or excess actually costs you, how to run the break-even math before you raise it, and the US, UK and Canada rules that catch people out. 7 min read

Insurance Do You Need Life Insurance? How to Decide A clear guide to whether you need life insurance, how much cover to consider, and the difference between term and whole life policies. 6 min read

Insurance How to Save Money on Car Insurance: 12 Proven Ways Twelve proven ways to lower your car insurance premium, from shopping around to raising your excess, without cutting the cover you actually need. 8 min read