Low-Income Car Insurance

Car insurance is legally required in most states, but it’s a major financial strain for many Americans. According to the Insurance Information Institute (III), the average annual cost of car insurance in the United States is $1,009, which is roughly $84 a month.

a person posing for the camera: Younger gentleman driving a car; the perspective is from outside the car looking in at him through the windshield.

© Westend61/Getty Images
Younger gentleman driving a car; the perspective is from outside the car looking in at him through the windshield.

Although the price of car insurance varies significantly by state, it’s not cheap. Low-income individuals who can’t afford car insurance are more likely to forego insurance coverage altogether, which can land them in serious trouble.


Load Error

However, low-income individuals who struggle to pay for standard insurance have another option-enroll in a low-income auto insurance program. In this article, we’ll explain who qualifies as low-income and what states offer a low-income insurance plan.

What is low-income car insurance?

Low-income car insurance is a type of

Read More

First Midwest Bank Personal Loans Review 2020

Founded in 1940 with the slogan “The Friendly Bank,” First Midwest Bank offers products and personal loan services to consumers in 27 states, but in four of those states applicants are only allowed to use the loan for home improvement purposes. Still, the bank offers competitive rates and flexible repayment terms. 

Even if you reside in one of the states that First Midwest Bank services, you should shop around to see whether its offer is the best fit. To aid you in your search, we’ve reviewed important details such as rates, repayment terms, and fees to help you with your final decision.

Investopedia is committed to providing our readers with unbiased product recommendations. We may receive compensation when you click on links to products, but this doesn’t affect how we rate, review, and rank them.

Pros Explained

  • Minimal fees – First Midwest bank only charges a $150 documentation fee and
Read More

US economy in recession but seeing ‘signs of life’: Fed’s Esther George

Kansas City Federal Reserve President Esther George says the U.S. economy is in a recession now, but we may not have a double-dip downturn.

“I think my forecast is the economy will continue to grow, given the right supports. And so that’s what I’m looking forward to,” she said in an interview with FOX Business.


George sees a rebound after a historic drop in GDP growth in the second quarter of an estimated 32.9%, as forecasted by the Bureau of Economic Analysis. She sees unemployment getting into high single digits by the end of the year after hitting 10.2% in July.


Read More

Private Trade Finance Firm, USEC, Issues Limited Private Placement Offering to Expand Trade Operations

GENEVA, Switzerland, Aug. 25, 2020 /PRNewswire/ — Geneva based international investment firm, United Securities Equity Corp (USEC)  has recently issued a new limited private placement offering in order to further strengthen its investment portfolio and stimulate trade activity in light of the widespread slowdown due to the corona virus pandemic.  USEC provides a specialized range of trade finance solutions to businesses across the globe.  This offering moves USEC closer to its goal of expanding their trade finance operations, potentially valued at $850M USD.

With the support and guidance of the ICC (International Chamber of Commerce), USEC positions itself as a unique conduit to trade finance and investment opportunities for companies during this period of economic uncertainty. The ICC wishes to effectively alleviate some of the key disruptions caused by the novel coronavirus (COVID-19) pandemic.

In its April 6th 2020 memo the ICC is “calling on governments and central

Read More

Can Coatings Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The MarketWatch News Department was not involved in the creation of this content.

Aug 25, 2020 (The Expresswire) —
The GlobalCan Coatings Marketsizeis projected to reach USD 2.65 billion by 2026, on account of change in living habits and rising demand for canned products from the food and beverage industry.

Major can coatings manufacturers are excluding harmful chemical materials for production and including elements such as polyester and acrylic for can production. Besides this, producers are focusing on geographical expansion, strengthen their distribution channels, and product launches for exceptional food and beverage variety such as soups, baby-milk, and others to attract high can coatings market revenue on the one hand and emerge dominant in the market competition on the other.

Cans are used for preserving products and storing them for safe transport from manufacturing units to the end-user. The increasing popularity of packaged food and beverage products is a

Read More