When purchasing automobile insurance what should I consider?There are several things you should consider when purchasing automobile insurance that your independent agent will help you with. Here are a few:
- Purchase the amount of liability coverage which makes sense for you.
- Select the optional coverages you want.
- Decide which company to purchase insurance from.
- Don't base your decision solely on price. Other factors like service and claim response are extremely important in selecting the right insurance.
Back to TopDoes my insurance policy cover a friend if I loan him/her my carWhen you loan your car to a friend or an associate, he or she will be covered under your automobile insurance policy.
Back to TopWhat is collision physical damage coverage?Collision is the loss you incur when your automobile collides with another vehicle or object like a telephone pole.
Back to TopWhat is comprehensive physical damage coverage?Comprehensive provides coverage for direct physical damage losses you could incur to your car from something like a hailstorm.
Back to TopHow can I lower my automobile insurance rates?There are several things you can do to lower the cost of your automobile insurance.
One way is to look for competitive pricing. An independent agent works with many companies and can provide you comparative rates and insure that your are getting the same coverage.
Another way to lower the cost is to change your deductible. By raising your deductible you may lower the cost of your automobile insurance almost 10% You must be able to pay the deductible amount in case of a claim. You can also look for discounts that you may be entitled to. Some examples of discounts that may be available are: multiple cars under the same policy, carrying a homeowners policy with the same insurance company, different groups or associations.
Back to TopWhat do I need to know when purchasing homeowners insurance?
- Get the amount and type of insurance that you need.
- Determine the amount of personal property insurance and personal liability coverage that you need.
- Select any additional endorsements you want to add to your policy. For instance do you want backup of drains? Replacement Cost?
Back to TopShould I purchase earthquake coverage?Direct damages due to earthquakes are not covered under the standard homeowners insurance policy. If you live in an area that is prone to earthquakes, you may want to consider adding an earthquake endorsement to your homeowners insurance policy. This endorsement will cover damages due to earthquakes, landslides, volcanic eruptions and other earth movements.
Back to TopShould I purchase flood coverage? Ask us about a flood quote!
Back to TopHow much life insurance should an individual own?Rough "rules of thumb" suggest an amount of life insurance equal to 6 to 8 times annual earnings. However, many factors should be taken into account in determining a more precise estimate of the amount of life insurance needed.
Important factors include:
- Income sources (and amounts) other than salary/earnings
- Whether or not the individual is married and, if so, what is the spouse's earning capacity
- The number of individuals who are financially dependent on the insured
- The amount of death benefits payable from Social Security and from an employer sponsored life insurance plan
- Whether any special life insurance needs exist (e.g., mortgage repayment, education fund, estate planning need), etc.
Back to TopHow do I file a claim?You can file a claim by going directly to your carrier's website or calling the carrier's claims center 24/7. You may also contact us to review any claims questions you may have or to review your claims process.
Back to TopCan I have my payment taken out automatically every month?You can set up an autowithdrawal on your policy by completing an EFT Authorization for almost any insurance carrier. Contact our agency for assistance.
Back to Top