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Our economy hasn’t been great since the pandemic and with the increasing cost of living, everything from groceries to insurance now costs more. We take pride in providing cost-effective solutions for our clients. Especially during these times. Here are our top 3 ways that we’re providing increased solutions for every client.
Increasing our communication: We’re dedicated to staying…
Now that you understand how insurance can help protect your assets and how to file a claim, what are the steps involved if something does go wrong? How do these insurance claims work? Each type of insurance will have a slightly different process but there are several similarities across the board. In a nutshell, you’re filing the claim to get compensation to cover the losses involved. It’s important to note here that if you haven’t met your deductible throughout the year, you will be required to pay that first. It’s crucial to know what your deductible is as you want to make sure that damages are over that number.
Read MoreOur assets are exposed to risks every day. Our homes, our cars, jewelery, and even our lives. Insurance helps protect your personal assets from costly damages in the event of unforseen circumstances. Having a risk management plan for your personal assets as well as business, if you own one is crucial for your peace of mind and financial stability. Without one you could very well end up in a sticky financial situation that may even put you into further debt. Here’s how it works. Policyholders transfer the risk of financial losses to an insurance company in exchange for the payment of a premium. Some example of asset protection through insurance are:
Read MoreWe all know that your age, driving experience, and claim history all affect your car insurance. But what about your credit and does it just affect your auto policy? Well, in short, the answer is no. It can affect your homeowner’s insurance and life insurance rates as well. Statistics show that someone with higher credit scores is more likely to pay their premiums on time and less likely to file claims. Good credit is something that insurance companies are looking for when assessing someone’s policy costs. However, these insurance credit scores work somewhat differently than FICO credit scores.
Read MoreLife insurance can seem mysterious to a lot of people. How does it work? What do these strange terms mean? While we’re not going to write an extensive article on exactly what each policy type is and what every term definition is, we will give you a quick top terms to understand. Here are a few:
Beneficiary: the recipient of a life insurance policy’s death benefit. Can be one person or several. It can also be an organization. Usually the main reason people buy coverage is to cover family when they’re gone. The beneficiary must file a claim in order to receive the benefit.
We came across a really good article today that talked about smart devices that will upgrade your home. Some were to increase security, such as video camera door bells and others were things that monitor your water. This got us thinking that we should write something about home improvements that will increase your home’s value while also lowering your homeowner’s insurance premium. Here are some ways to do just that!
Upgrade Security: installing a security system increase your overall home security. The size of the discount is based on the quality of the system.
The big question of whether renting or buying is better has been at the forefront of everyone’s mind these past few years. There is no easy answer. It depends on your personal goals. Rent and mortgage interest rates have been climbing since the pandemic so there are some considerations and questions you need to ask yourself to determine which on is right for you. There are three things to consider when considering and those are financial, lifestyle and personal goals.
Some interesting auto insurance stats from this year so far. Always important to stay up to date with what’s going on in the industry.
1 in 8 drivers is uninsured
Looking for a new car? It’s always fun to shop for a new vehicle when the time comes. However, if you’re keeping your insurance rates in mind there are a few things to consider when purchasing. Here are some tips to help you decide which vehicle is the right one for you and keep your insurance premium down.
Read MoreNot only does life insurance protect your loved ones in the unforeseen event of death, it can create generational wealth where there was none. Here are just a few ways that life insurance can help your family for generations to come.
Cover estate taxes
When we all think of insurance it’s usually those big name companies that come to mind, such as Progressive or Allstate. These larger companies saturate the market and yes, they can be very reliable with years of experience under their belts. However, that doesn’t mean that they will be the best option for you and your insurance needs. This is where someone like us comes in. One of the benefits of working with an independent insurance agency like us is that we shop many insurance companies to find the best policy fit for you and your family. Aside from this, there are other benefits to hiring an insurance agent for your insurance needs.
Read MoreLet’s hope you never get in an auto accident but chances are at least some point in your life you will. “77% of adults in the have been in at least one accident in their lifetime,” according to a Pennsylvania law statistic. Makes sense considering how much we drive. Auto accidents can be very shocking, especially if they’re devastating. However, in the event of smaller accidents where no one gets hurt, it’s important to know what to do. Knowing what to do will prevent any mistakes due to shock.
Read MoreWhile we’ve had a mild winter here on the east coast this year, we’re not out of the woods yet until after Easter. Knock on wood! Don’t want to jinx us but it’s always better to be prepared in case of that last minute winter storm that comes out of nowhere. Here are some of our tips:
Read More1. Flexibly: we’re right on top of things and not bogged down with operational nonsense.
2. Transparency: we’re up front about costs and potential risks
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