Insurance Tips

  • Compare coverages – price is important but you get what you pay for.
  • Deal with financially sound and stable insurance companies.
  • The best kind of life insurance is the kind that is in force when you die.
  • If a claim occurs, you are obligated to do everything you can to prevent further damage.
  • Contact police when involved in accidents to make a report.
  • On your policy, schedule for all-risk coverage on jewelry, guns, furs and cameras.
  • Have new drivers meet us for “Lessons in Life”.
  • At age 18, title vehicle to driver and have them obtain their own policy.
  • Items with titles need their own policy.
  • Vehicles over 15 years old require appraisals and photos if full coverage is requested.
  • Carry high liability limits – insurance pays first.
  • Use higher deductibles to lower premiums (purpose of insurance to cover large claims).
  • Insuring your home and autos with the same carrier usually saves you money.
  • Review your home insurance policies with your agent at least every couple of years.
  • Umbrella policies – offer excess liability coverage.
  • Notify your agent of major life changes such as: new baby, death, new driver – added exposure, new career, mortgage change, addition to home, finished basement or attic, new RVs, boats or snowmobiles.
  • Notify your agent in the event of a claim.
  • Save money on taxes, buy an IRA.
  • Complete your will.
  • Videotape your contents.