insurance policies

Seeking A Car Insurance Cover? Its Better To Work With A Local Agent

Insurance can be one of the most confusing subjects for car owners and drivers to deal with. There’s so many options and types of insurance policies because there’s so many unique situations for each type of coverage.

That’s why a local agent can help you best. Finding one will make it easier for someone to help you choose the right policy that covers some of the more common dangers that people in your area face when it comes to your car.

3333533137_b94b6f10d7Doing so can net you a large amount of savings while ensuring that your car is protected from any accidents that might occur. This makes working with a local agent in Dallas a win-win situation for both your car and your wallet.

To better understand why you should work with a local agent, let’s examine some of the benefits of going this route.

The chief advantage is that a local insurance agent better understands the risk associated with your car than a corporate agent might. For example, there may be a higher risk for having accidents with an uninsured driver in your area. This means an agent can recommend you uninsured motorist protection, which in turn helps to save you money in the event of an accident.

The second benefit of using a local agent is that they’ll know when you can save money by opting for certain types of insurance or by opting out for certain options. Your agent may be able to save you money, for example, by recommending a policy that insures you based on how many miles you travel in your car each year or how you use it.

The last major advantage that a local insurance agent has is that they can offer face-to-face meetings with you. Speaking with someone over the phone who works at a call center can be frustrating due to heightened wait times and the fact that reconnecting with the same agent can be nearly impossible at times.

With a local agent, you can schedule an appointment to meet in person. This allows you to pick a time that’s convenient for you without having to be put on hold or worrying about random disconnects forcing you to restart the entire process anew.

Are you interested in taking advantage of these benefits? Find your local insurance agent today.

The Best Of The Best Doesn’t Always Stand Out Like The Rest

These days there are more and more insurance companies popping up. It’s hard to turn on the television or listen to the radio without hearing something about how ‘this company can save you 15%’ or ‘that company is more trustworthy than the rest’. It can be very easy to get caught up in the hype so today we are here to discuss a few mistakes to avoid making when shopping around for your next policy. Knowledge is power and that knowledge will also save you a pretty penny and quite a bit of stress down the road.

Common Insurance Traps to Avoid Falling Into

We completely understand that you have a budget to think about and a family to look after but sometimes spending a little more money is the best route to take. We aren’t saying you should go with the most expensive solution out there but by not having the right amount of coverage, you are putting the future of your household on the line. Technically you can legally drive with liability coverage but in the event your car is totaled or there are physical injuries involved within your vehicle, this could leave you with no other choice but to pay directly out of pocket. While you won’t have to worry about covering damages that were caused to the other vehicle or person within if you were at fault, this can leave you completely vulnerable if said person doesn’t have the same type of protection. Unexpected expenses happen but these types of hefty bills are something you definitely don’t want to get involved in.

Honesty is Always the Best Policy

Many people find themselves tempted to fudge their answers slightly in order to receive discounts or lower premiums but this can make your insurance void in the event of an accident. Let’s say you’ve decided to say you only use your vehicle to drive to and from work or that you live in a different area code simply because you could save a few bucks each month. This could lead to serious financial troubles down the road. The cons definitely outweigh the positives in this situation.

Shopping Around Truly Pays Off

Most people on the lookout for an insurance policy are generally going to pay attention to price but it’s important to take a deeper look than that. While you may think companies you recognize are the best, that’s not always the case. Different insurance agencies have unique discounts but they also have different reputations. Take a good look at the background of each company you look into. Don’t only look at the positive feedback but also make it a point to pay close attention to the negative. You want to go with a business that you can guarantee will have your back in the event of an accident. Read the fine print and make sure you understand every aspect of your policy. The last thing you want to do is end up paying for something you don’t need or not including coverage that would benefit your family. Any time you aren’t sure, speak up and ask so when you sign that dotted line you know what to expect. Did we mention shopping around before locking in could literally save you hundreds, if not thousands of dollars every single year? Yes, insurance companies really vary that drastically!

Questions to Ask Before Committing: Save Green and Time

As you have probably gathered, selecting an insurance provider is a lot like purchasing a car. You shouldn’t commit to anything until you know what you’re in for. There are a handful of questions that are important to ask so you aren’t left with any surprises down the road and so you can quickly weed through agencies that just aren’t going to cut it for you.

If you have a good driving record, see if you can use that to your benefit. Find out if the company you are interested in offers safe driving discounts and if they do, you may just qualify. Sometimes you need to be an existing customer to take part, but not always. See if where you work will help minimize your bill. If you are a teacher or a student, you may be able to pay less each and every month. While you’re working on saving money, switching other vehicles onto your policy or including your home insurance may be worth looking into as well.

Knowing how to report a claim is also important because if an accident occurs your mind is probably going to be bogged down with worry. Keep this information and your agency’s contact number in your car with you at all times. Many customers also find it comforting to have a local agent so they can go speak to someone face to face if need be. This may be something to consider because many companies are only accessible online or via the web.

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The author of this post, Dawn Anderson, works at Money Saving Angels, specialists in insurance. When he is not working, he likes to take up swimming and pilates to rejuvenate himself. Visit for more info.

Insurance Plans you need to keep in mind

Insurance Plans you need to keep in mind

Most people who work in the United States plan to retire when they reach the appropriate age. They have savings accounts and plan to relax living out their dreams once work is no longer on the agenda, but many forget to account for insurance.

Some of the policies most carry while they work may not be necessary once retired, but others should be maintained even through retirement.

Policies you should plan to keep:

Automobile insurance

The chances that you will retire, immediately give up your driver’s license, and never get behind the wheel of a car again are slim to none. It is illegal to drive without being insured, so the car insurance has to stay. Consider upping your policy to full coverage; it would be much harder to afford a replacement vehicle if yours were to get wrecked without that steady paycheck.

Homeowner’s or renter’s insurance

You will still have to live somewhere when you retire, and whether you own or rent, there’s a policy for that. You should always have a policy in place to protect your home and possessions from burglary, fire, and natural disasters, especially once you retire; since it would be very difficult to replace these things without a paycheck.

Health insurance

Most employers offer health coverage for their workers. Once those workers retire, the employer is required to continue providing this coverage for an additional 18 months. After that, it is your responsibility to find your own insurance. At age 65, Medicare becomes available to the retiree, but it won’t cover everything, so be sure to have a supplemental policy of some kind. Look into policies that cover long term care; in your old age you may need it, and it’s not cheap. Policies to cover long term care are expensive, but the younger you enroll, the less your premiums will be.

Renters Insurance

Renter Insurance as the name suggests is meant for landlords who have rented their apartments or home etc. So, it does not matter whether you live in individual flat or duplex you need to have renter’s insurance to protect your belongings and valuable items. The best part of renter’s insurance is that it is available at an affordable rate; you just need to research well. Renters generally need this insurance to protect the house structure or land where the apartment is situated. It provides you protection as and when you retire. Thus, this insurance makes you self sufficient in your unfavorable days.

MediCare Insurance

MediCare Insurance can act as supplemental insurance because when you reach at the age of 65 it becomes available but it is not the insurance plan to bank upon. They generally vary with regard to cost and structure.

Policies to cut back, or let go:

  • Life insurance

Life insurance policies are very important during the working years because that money is intended to help your family make ends meet holding their standard of living if you were gone. If a retirement plan has been built wisely, the loss of a spouse would not leave the remaining partner without a means to pay for their everyday living expenses. Consider cutting back your life insurance policy to an amount that will cover your final expenses with little excess to save money in retirement.

  • Disability insurance

Disability insurance is concurrent on becoming unable to work due to sickness or injury. Once you retire, you have no job income to protect; so it is unneeded unless you retire before age 62, when the government provided disability coverage kicks in. It covers all the possible risks which make working painful or uncomfortable.

Be sure to give insurance issues very careful thought when planning for your retirement. What you plan for and save for are all you have to live the rest of your life on once you retire, and adequate planning could be the difference between a state nursing home and a condo near the beach in your old age.

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The post is shared by George Martin. George is quite knowledgeable when it comes to retirement policies.

Critical Illness Cover – A Lifesaving Investment

Critical Illness Cover – A Lifesaving Investment

Most people who have traditional health insurance feel good about the coverage their policies provide. Unfortunately, many of these policyholders fail to realize that if they were to fall critically ill their policies may not be there for them when they need coverage the most.

Traditional health insurance policies usually have a payment amount cutoff and a limited number of days you may stay in a hospital during your policy term. This could prove detrimental to you if your doctor diagnoses you with an unexpected critical illness. That’s why adding a supplemental policy to your health insurance that has critical illness cover is so important – it may just save your life. Critical illness cover will not only cover your hospital costs, it will also pay out regular income to you when you are out of work due to your illness.

Critical Illness Cover: The Basics

Critical illness cover will not insure you for minor injuries. You will not be able to use it for emergencies such as broken bones. However, your plan will definitely cover you if you have a serious, life-threatening medical condition – the type of condition that could cause you to lose your job because it renders you too weak to work.

Illnesses that are generally covered include:
• Cancer
• Heart Attack
• Organ Transplant
• Stroke
• Alzheimer’s
• Multiple Sclerosis
• Severe Burns
• Blindness/Deafness

If you need to verify whether any of these critical illnesses are covered under your plan, check with your insurer. A complete list of serious conditions that are covered is typically included in your policy documentation. As with most health insurance policies, when applying for critical illness cover, you will be subject to a risk assessment. Your age, gender, current health, smoking, family history, and past medical history are all factors your insurance provider will consider when you apply, and the results of the assessment may affect the price of the premiums you will pay.

With critical illness coverage, there is an emphasis placed on family history, smoking, and body mass index because these are all major risk factors for a future serious illness. These factors may raise the costs of insurance, and you may also be excluded from coverage for certain serious illnesses due to your perceived risk.

This is precisely why you must read the fine print of each policy you consider. Make yourself fully aware of every clause in each policy so you’ll know what’s covered – and what’s not. Seek out the most comprehensive coverage you can find for your money and assess the restrictions that apply to each policy. Additionally, it’s a good idea to look for life insurance companies that are liberal on their risk assessment.

If you are young and healthy, it’s best to enroll in a critical illness cover plan now. Your premiums will be cheaper the younger you are. As you age, your risk for certain life-threatening conditions dramatically increases, and your premiums will rise in tandem.

The Importance of Critical Illness Coverage

Insurance companies provide critical illness cover with the intent of providing financial stability to people who have been diagnosed with a serious condition. The benefits of purchasing this type of policy are coverage for hospital costs incurred during your treatment, physical therapy after any operations, home healthcare assistance and hospice, and help for any lost income you may have suffered due to your illness.

Your medical costs may not be all your plan covers. Your insurance could also pay for your mortgage if you contract a serious illness or die. With critical illness cover, you may have the ability to manipulate your plan to pay a portion of your mortgage or pay your mortgage in full. Check with your provider to find out if this is a benefit of your plan.

Other Alternatives

Most critical illness cover plans are designed to pay you a lump sum of cash if you are diagnosed with a serious illness that is covered in your policy. Treatment for serious illnesses gets very expensive very quickly, and an alternative policy option may be direct payment to the hospital on your behalf for any costs that you incur during treatment. This helps you skip the long, frustrating process of reimbursement for payments you make, and depending on your plan, it may eliminate out of pocket expenses altogether.
Another alternative is to receive care from highly specialized hospitals located outside of the country. This type of coverage will pay for all travel expenses and accommodations for you and a companion, and will even provide translators if necessary. This is a highly specialized plan, so shop around for providers before deciding which company is for you.

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