Staying ahead in life

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Insurance, it is something that is expensive and only really useful in the event that something bad happens. However, in order to stay protected, it is essential that people take insurance for what it is, a safety net for you and your family should something go wrong. The cost of healthcare, funerals, car repairs and so on are astronomically expensive, and without insurance can cause a number of financial problems.

This is where it pays to be industrious and prepare for something that you hope never happens, but always has the possibility of happening. Take for example, life insurance. The cost of funerals is already very high and only getting higher. Life insurance is a way for your family to pay for funeral arrangements should the unthinkable happen.

Be smart

During my time as an insurance salesman, I found that people were always reluctant to buy health insurance, or really any kind of insurance. They think nothing bad could ever befall them, but I’ve seen it happen time and time again. People that did buy insurance were eternally grateful for their purchase, and even reached out to me to thank me personally.

Insurance isn’t for everyone. It is cost prohibitive for many, but if you can afford it, there is no reason not to have it. People never think the bad things in life will happen to them, but it can, and often does. Stay prepared and look after your loved ones with a life insurance plan that gives you peace of mind.

Insurance for young people

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Insurance particularly life insurance is something that people do not enjoy thinking about. Nobody wants to think about their own mortality, and certainly do not want to pay money while they are alive for something that they hope will never happen. This is especially true with young people that do not think about insurance period.

Really the only insurance that young people think about is auto insurance, and only because it is a necessity for driving and the freedom that comes with being young. Life insurance is a vein of insurance that young people need to think about more, simply because anything is possible and you want your family to be protected.

How to do this

The way in which to give young people access to life insurance and other forms of insurance is to lower the cost and educate young people about what it means to carry life insurance. One of the ways in which to do this is to start advertising digitally. Many young people are not even aware of how to obtain life insurance, which is primarily the fault of advertisers.

By not only giving young people access to, but awareness of insurance, it becomes much easier to let them know how much they need to prepare for the future. Through unique advertising and highlighting the importance of insurance, it becomes possible for young people to take advantage of a policy and prepare for the unforeseen. Young people need insurance as much as old people, and by strategic advertising, they can get it.

Protecting local companies

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As someone that has been in the insurance business for a number of years, I understand the importance of protecting not only individuals, but companies as well. What I have found is through local mediums, that local insurance is a relatively effective way to protect companies from liability, thus allowing them to perform their duties.

Speaking with a client at http://www.baycasphalt.com/, I learned the importance of local companies and having them protected. His company, one that specializes in concrete installation for driveway, that businesses need insurance as much, if not more than individuals. He told me that the possibility for companies to become bankrupt due to a lack of coverage.

Insurance for companies

According to the company, there is a need to protect any company that provides a service with any liability. Their main specialty, brick paving, has a number of externalities to thing about, which means that insurance is needed. When someone asks how much does brick paver cost, there needs to be a way for companies to give an answer that will not land them in hot water.

The way to do this is to come up with an industry standard which all companies within that industry can agree to. If you have a uniform pricing guide and other set restrictions on the services rendered, it becomes a lot easier for insurance companies to protect these companies. In establishing a set of rules that consumers and companies alike can all adhere to, it becomes easier not only for the companies, but for the customers to get what they want.

Conclusion

By giving people and companies a benchmark with which to work, we can better protect the liability of companies that involve risk. It is and should be the job of company representatives and insurance representatives alike to come together to create a more cohesive way at looking at insurance and liability. Construction jobs are still one of the most in-demand professions, and we should do what we can to ensure that their work is supported and covered to the utmost degree. Insurance and corporations need to work together to create a brighter future.

 

Getting the right price

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It is often that people ask me how to get the right insurance price. Having had a lot of experience in pricing and buying from different vendors, the answer to this is always different. However, there are some things that ring true no matter which outlet you are going with. The first thing to do is check what type of coverage you need.

Many insurance companies sell a variety of insurance, and some even offer bundles that give you savings on different types of insurance that the company offers. Bundles are a bit tricky, however, because they may include insurance that you do not necessarily want or need. In this event, it may be beneficial to build your own policy piece-meal style.

Other things to look for

You will also want to check to see whether you are covered in your area or if there are higher rates for those people “out of network”. Insurance companies often work with a select few repair companies, medical staffs, etc. and only cover their portion of the cost if you use those vendors. In this case, you may find yourself paying out of pocket for services that you thought you had covered.

Getting the right price is all about reading the fine print unfortunately. Insurance companies do not make their money by paying claims, but rather not paying claims. The fine print will give you all of the information you need to find the right coverage for the right price, the question is whether or not you are willing to read and understand it.

About flood insurance

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Now this does not pertain to everyone, but it pertains to more people than you may think. Flood insurance is something that has become increasingly important with the advent of climate change, but let me back it up a little. Say you are from the Midwest and someone tries to sell you flood insurance. You may think that person is crazy, but are they?

Flood most commonly occur in southern states closer to rivers that flow directly through large cities. In the Midwest, for example, most rivers are away from cities and there is enough land to keep floods away from homes. However, there is something about the Midwest that people might not consider: melting snow.

Stay protected

Flood protection can cover a number of different flooding conditions, which includes melting snow. With enough accumulation, melting snow can cause a huge problem in the spring, especially in areas of the Midwest with low elevation. And there are quite a few of these cities. Having handled a number of flood insurance cases, people never really understood why they bought the insurance, but are happy that they had it.

The difficult part with insurance is having to imagine ever needing it. If I had a dime for each time someone said they never expected to need insurance, I would have quite a few dimes. In essence, flood insurance may not be as obvious as other types of insurance, but if you live virtually anywhere in the world, it is something that you will be glad you had.

What type of homeowner’s insurance to get

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Homeowner’s insurance is one of those things that is difficult to navigate. On one hand, everyone wants to protect their home and the people that live in it, but on the other, the insurance can cover (or not cover) any number of things. When choosing the right homeowner’s insurance, it is necessary to do research and know exactly what you are looking for.

Say you have a family and homeowner’s insurance only covers property damage. Well, then you have a question of whether or not it protects stolen items. While items are property, some companies may not see it that way. This is when it becomes necessary to know exactly what you need, and exactly what companies agree with your needs. For example, a family is looking for a claim for Bay City Asphalt, Concrete & Brick Paver.

As a company that specializes in concrete driveways installation, they need to be covered for everything regarding in the home and in the driveway. This means that they need to check weather the homeowner’s insurance extends beyond that of what is in the home.

Online resources

While some people may question the credibility of online reviews, in my experience as an insurance salesperson and sales reviewer, I have found that many of them can be quite beneficial. Sure, you may get the occasional person that had such a bad experience that they had to immediately post a one-star review, but most of the time people are more likely to post if they had a positive experience.

Say someone rented a machine that did brick tiled driveways. They are much more likely to highlight their positive experiences rather than their negative. Those with a negative experience are usually too busy trying to correct the problem and do not have the time or the energy to file a negative review.

In addition, there are a number of sites where experts essentially review experts. While this can be conflicted at times, you get a good metric with which to judge other insurance providers. In many cases, these experts are not affiliated with any company, and can therefore give you an unbiased look at hoe each company operates.

 

 

What is the deal with car insurance?

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For those of us that drive, we know that insurance is a necessary evil. We’ve all heard the phrase “driving is a privilege, not a right”, and insurance is basically the glue that holds that together. The reason being, is that for many it is difficult to afford. Even with the advent of the Internet, and different companies from which to choose, it is still a prohibitive cost for lower income families.

Unfortunately, in many cases driving is not actually a privilege, but a necessity. Many parts of the United States are still relative rural, and if not rural, still pretty spread out. So this creates a need for motor vehicle transportation in order to maintain the pace of everyday life. But the problem extends even beyond affordability.

What are you actually getting?

When it comes time to assess the actual value of insurance, the problem begins to present itself. The base insurance that most people have on their vehicle only cover damages to property, but not actually the person or the vehicle itself. So what this essentially does is cover people if they damage property, but in reality does nothing to protect them.

In my opinion, as an insurance expert, it is time to re-evaluate the way in which we distribute insurance. Much like health insurance, motor vehicle insurance is something that everybody should have access to. At very least in areas in which driving is a necessity, not a luxury, to take the burden off of the poor that need to drive.

Trusting the big names

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Today, with the Internet if full swing, penetrating every aspect of our lives, we have more choices than ever when it comes to choosing insurance. In this way, people are offered so many options from companies that they may not have necessarily heard of. These companies often offer not only deals that seem too good to be true, but also the option to purchase from a company that is not super large.

And while some of these companies offer legitimate deals, some are scams, and some do not offer the same coverage as the tried and true large companies. As an insurance agent, I often get the question of whether or not to trust the big companies or move away from them.

The answer

The answer that I almost always give is to trust the companies that have established themselves as credible. Think of how difficult it was to build a reputation when there wasn’t the luxury of social media and the ability to connect with a wide variety of clients seamlessly. Trust had to be built with old fashioned people skills and providing a good service.

Now on the other hand, the Internet has allowed for more competition and better prices for consumers. The important thing to remember, however, is to know who you are doing business with. If you are unsure of the reputation of the company, make sure to check online for reviews and do some investigating before switching from the trusted companies.

Don’t get scammed

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Insurance, especially in today’s world can be a tricky field to navigate. And while there has always been an area of insurance with scams, it is now even more prevalent than ever. The Internet has given people access to our personal lives, sometimes in ways that we never expected and are not welcomed. Because of this, it is essential that people remain on the lookout for possible scams.

One of the main concerns for people on the Internet is that data is being mined by numerous companies that can keep track of personal information. And while most of the time this is not a problem, there are some instances where people will use it for nefarious purposes.

Staying protected

When receiving an email or physical mail that tries to sell you insurance, make sure to do your homework to ensure that the company is legitimate. Most of the time, you can look up potential scams on the Web, and get insight from professionals or people that have fallen victim to the scam itself.

In the even that you are unsure of whether or not the business is legitimate after reading the reviews, it is better to air on the side of caution. Conversely, there are some legitimate businesses that get a bad name on review sites. In this instance, it may be beneficial to try to find a phone number for the business. One of the best ways to determine whether or not something is a scam is finding out whether they have a physical location and phone number to call.

 

Knowing your agent

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Having worked with a variety of agents throughout my career, I know how much it matters to get one that you like. Whether you like the way they talk, the way they do business, or the way they can meet you half way on deals, having the right agent makes all of the difference. When people ask me what makes a good agent, I always respond with “it depends”. It actually depends on a lot of factors, many that are obvious and some that aren’t.

For example, did you know that most agents have less than a year of experience? There is a lot of turnover in the insurance world, which leads to people losing agents before they even get to know them. This is where it comes time to look past the initial response and go for experience

Experience pays

It isn’t like experience is the only thing that matters, but what it does tell you is that this is a person that enjoys what they do and that has the knowledge needed to help you succeed. If you think about it, it is a difficult thing to ask for a new agent to know the ins and outs of the industry, especially when you, yourself don’t know much about.

This is when it becomes essential to find the person with perhaps not the most, but enough experience to give you the idea that they are here to stay. That their knowledge can help you make the tough decisions so that you do not have to.