It’s no secret that electric vehicles cost a bit more to insure. It’s important to keep in mind despite this, you will save money regularly on oil changes, gas, and maintenance that regular cars require but electric don’t. That being said, there are certain things you can do to offset the higher premiums of these environmentally friendly travel vessels. There are now many rebates at local and federal levels to incentivize the purchase of an electric or hybrid vehicle. The IRS now offers a $7,500 tax incentive for new electric vehicle purchases for personal or business use. Let’s take a look at the requirements.
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.
Flooding is the most common type of natural disaster. Climate change is increasing the intensity of storm surges. It has directly affected the rainfall and snowmelt levels across the globe, according to the Intergovernmental Panel on Climate Change. Let’s take a look at why climate change can increase flooding potential.
Heavier precipitation:
Has occurred as a result of warmer atmospheres.
Storms will also generate 27% water than they did 100 years ago.
Summertime is officially here today with the heat getting up to the nineties! We know a lot of you have golf carts “down the shore” to get around with ease from your summer home to the beaches. We’re right there with you. It’s especially important to understand why you need golf cart insurance if you’re driving on the roads and what it covers. Here are some things that golf cart insurance covers.
Read MoreSummer time is here and with that means shore time. For those of you that are thinking of purchasing a boat here are some tips to choose the right type for your needs.
Read MoreThe 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
Hurricane season on the Atlantic is June through November every year. This year is expected to be mild if El Niño comes through, but that hasn’t been confirmed just yet. So, it’s better to be prepared. Here are some quick tips for hurricane preparedness.
Read MoreLooking 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
Read More1. What is my deductible? This will be your out of pocket costs when filing a claim.
2. What is my premium? Your premium is the amount you will pay for the policy. It’s important to know how much you will owe on a monthly basis.
Read MoreFlood insurance is important to have, especially if you live in an area that is prone to storms. That being said, it’s still crucial to understand how you can avoid having to file a claim. Here are some of our indoor flood prevention tips.
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