?One of my clients called me last year with a question that was pretty interesting. She’s a Dallas area mom with a son who was about to turn 15. While she was already wondering what was going to happen to her car insurance premium when her son turned 16, her question was: Will she get a better discount if her son takes the parent-led vs. instructor-led driver education?
Imagine with me three different scenarios. I’m sure you may identify with one of these examples! You’re hosting a dinner for friends. You need one last item from Whole Foods so you give some money and your car keys to one of your guests and ask them to get it for you. The store’s only two minutes away. What could go wrong?
Last week’s blog, “Gap coverage, an important option to have,” examined an optional coverage that can be added to most car insurance policies. Here’s a link just in case you missed it, http://50.87.248.161/~wiseinsu/gap-coverage-a-valuable-option-to-have/. A new car loses 11% of its value the minute you drive it off the lot and 15% to 25% each year thereafter for the first 5 years. GAP coverage can be a financial life saver. While that’s helpful for your loan and your wallet, it doesn’t really get you a new car.
?Buying a new car can be an exciting experience. You do the research, take test drives, and handpick every option to make it truly YOUR car. You’ve even made it through the finance office. Now it’s time to drive it off the lot. It’s yours! You post pictures on Facebook, tweet pictures of your new ride and even offer to drive coworkers to lunch so they can smell the “new car” smell! You are loving it!
?One of the most difficult and dangerous places to drive in Texas is on our highways. Driving through one of the major construction projects takes that experience to another level. If you’ve been in the D/FW area, two excellent examples of this would be the reconstruction of the D/FW Connector (Highways 121 & 114 north of D/FW Airport) or LBJ Freeway (Interstate Highway 635 between I-35 and Highway 75).
If you’re expecting your first child or have an infant, this blog’s especially for you! The number one killer of children ages 1 – 12
The answers are, “An excess liability policy,” and “It depends.” Before we get into who needs one, let’s really outline what an umbrella policy is, what you need to have in order to get one and then who we advise have one.
?The Thanksgiving meal is over and the shopping season is beginning. Are you going to join the throngs of shoppers and brave the malls to find the perfect gifts for family, friends and loved ones? If so, let’s consider a question and reminder that can make this holiday season more enjoyable and help reduce your likelihood of being victimized.
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