When quoting auto insurance for clients, we frequently discuss how to choose the right deductible. I thought I’d take a few minutes to share this information here, too: A deductible is the amount you pay out of pocket when you have a claim. If you have a $500 collision deductible and have an accident, then you would pay $500 towards repairing your vehicle (if you are at fault) and insurance would cover the rest. The deductible you choose directly relates to the amount of money you spend on premiums each month. The higher the deductible ($250, $500, $1000), the lower your monthly cost.
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Oh boy.. It's almost that time again:back to school! Every year the summer seems to go by faster and faster. But what exactly does this have to do with insurance you ask? Here are 4 "insurance" things to keep in mind as the school year begins: 1. Good grades: If you have a teenage driver in the house, our carriers offer "good student" discounts. With a copy of a grade report showing a B+ average or better, your "good student" is eligable for a discount! This discount applies to students who have less than 6 years of driving experience. Every month, we share easy tasks you can do to keep your home in tip-top shape all year long. In August, we still have warm weather and a few summer days left to enjoy. So, here are 4 things you can do for your home this month: 1. Get Rid of Allergens: Many people suffer from allergies due to dust mites. But there are ways to rid your home of the dust without spending all day cleaning! Look for where dust lurks. Use a damp cloth to clean all window blinds and fan blades (here is a link to the pillowcase trick http://lifehacker.com/5823341/clean-your-ceiling-fan-easily-with-a-pillow-case ) once a month. If you have carpet, make it a priority to vacuum on a regular basis. These things will get rid of the dust and help to prevent allergies. Claims can be a stressful process. We've worked with our clients after car accidents, home fires, storm damage and even after a death in the family. Claims are tied to the most stressful events in our lives - That is why it's extremely important that you work with an agent and a company that you trust. After an insurance claim, you will work with an adjuster and appraiser to evaluate your loss. Depending on the type of claim, they will examine the property and gather more information. After gathering all necessary info, you will then be offered a settlement and the process will begin to restore your loss. You purchase insurance in order to protect your home but there are other things you can do to protect your large investment as well. Regular home maintenance is important and frequently overlooked. We tend to forget about our HVAC systems until it quits working on a hot day! (I've been there..) That's why we are providing a few simple tasks you can do each month to keep your home in tip top shape all year long. Here's where you can get started in July: Selling your home can be a stressful process, especially when it doesn't move quickly. WIth a new job looming, you may have no choice but to leave the home vacant until it sells. The problem? Vacant homes fall under different insurance rules and can leave you at risk. Here are a few things you need to know before leaving town: A vacant home is determined when there is not enough furniture inside for a reasonable person to live. It can also apply if all the utilities have been shut off. If a home is vacant, the insurance company can deny a claim or cancel the policy altogether (the rules vary by company). Did you know that June is the most popular month for weddings? As many of my friends and clients have gotten married in June and some are currently planning their weddings I thought I'd share an insurance tip this week just for engaged couples and newlyweds: You're spending a lot of money on your wedding and those rings. Make sure they are covered! If you are currently renting your home or an apartment, it's time to learn more about renters insurance! Here's the deal: Homeowners Insurance covers the house itself and the items inside. It also provides liability coverage. But if you don't own the home, you don't need the insurance to cover it. All you need is Renters Insurance to cover your personal belongings and provide liability protection. It might not seem like you have a lot of personal belongings to cover, but it can add up quickly. When you think about the cost to replace your furniture, dishes, sheets, books and everything else filling up your home, it's probably more than you thought. The liability coverage is equally important. If you accidentally cause a fire that burns down the property, your insurance will pay the landlord to replace it. Or, if someone gets injured in your home and you're found liable, your policy will respond. I often get phone calls from clients who are looking to save a few dollars on their insurance. They look at various coverages on their policy and want to drop anything that isn't totally necessary... and rental coverage (aka rental reimbursement, substitute transportation) is one I hear about frequently. So, do you really need it? |
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