I met with a new client in the Carrollton area two weeks ago to complete setting up her car insurance. Once that was done, she wanted to discuss life insurance. She has a term policy which is beyond the 10 year term it was written under resulting in annual rate increases. She wanted to know what her options are.
There are three bills that have been filed in the current Texas Legislative session; two are directly related to car insurance, while the third is not. Two of the bills aim to tackle the problem of named driver policies and exclusions, while the third bill focuses on the issue of texting and driving.
Last week, I introduced 5 home insurance options home owners should consider, but that barely scratches the surface. Depending on the insurance company, there may be up to 2 dozen options, and what would life be without options?! Since no home policy covers everything, these options help tailor the coverage of a policy to the individual needs of each home owner. Here are 5 more options worth knowing about!
I had two interesting conversations over the past two weeks. One was with a client I was assisting with their car insurance renewal, the other was with a colleague who was working on a car insurance quote for a prospective client. Both of the conversations are worth sharing here as they provide a great lesson on how even a small claim can impact your car insurance rate.
What would life be without options? Most people assume that all home insurance policies provide the same coverage, or that they cover everything that could potentially happen to a home. They don’t. Due to differences in policy types and what insurance companies provide as standard coverage, there are several options I recommend to most home buyers or owners.
Sheri and I met up at a friend’s home in Carrollton Sunday night to watch the Super Bowl. It was an enjoyable time with good food, great conversation, and one of the best games I’ve seen in a long time. Throw in the commercials for some laughter and it was a great time with everyone staying until the clock ran out.
I was reviewing a car insurance quote with a woman from Richardson last week, and she asked me a question after I confirmed her claims history. She had one claim for an accident that wasn’t her fault. Her question was, does an accident that wasn’t her fault still count against her?
Texas home insurance policies are divided into sections. The first section outlines four core property coverage items (see http://50.87.248.161/~wiseinsu/home-insurance-core-property-coverage/). Last week, we looked at the second section which outlines liability coverage, or coverage that protects you if something happens to someone in your home or on your property (see http://50.87.248.161/~wiseinsu/home-insurance-liability-coverage/). This week, we’ll continue this by looking at policy deductibles.
When was the last time you thought about your insurance? Any kind? Most people don’t think about insurance, whether car, home, or business, except at different times including the purchase of a new car or adding a teen driver, buying a home, when a baby arrives, or when starting or growing a business. Some people may think about their insurance when it renews, and everyone thinks about it if when they have a claim.
I helped a new Dallas client with her car insurance this week. We were able to save her $300 a year over what she’s paying now and give her better coverage. One of the ways we added coverage and kept the price lower is by offering her a discount for agreeing to let the new car insurance company monitor her driving for up to 4 months.
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