Frequently Asked Questions (FAQs)

Can I change my insurance policy after purchasing it?

Absolutely! You can usually make changes to your insurance policy, such as adjusting coverage limits or adding endorsements, by contacting your insurance provider.

What is an independent insurance agency?

An independent insurance agency is a company that represents multiple insurance carriers rather than being tied to one specific insurer. They offer a range of insurance products and can help clients find policies that best suit their needs.

How does using an independent insurance agency benefit me?

Using an independent insurance agency gives you access to a wider selection of insurance options since they work with multiple carriers. They can help you compare coverage and pricing across different insurers to find the most suitable policy for your specific requirements.

Do independent insurance agencies charge fees for their services?

Typically, No. We do not charge fees to clients for our services. We earn commission from the insurance companies when we sell policies, so there’s no direct cost to you for our expertise and assistance.

Do you offer business or commercial insurance?

Yes. We assess your business and situation to develop a cost-effective solution that fit your needs. Click here to find an insurance plan for your industry.

Life Insurance

What is the difference between term life insurance and whole life insurance?

Term life insurance provides coverage for a specific period, while whole life insurance offers lifelong coverage with a savings component known as cash value.

How much life insurance should an individual own?

Most insurance experts will suggest 6-10 times your annual salary. So if you make $60,000 per year, we would suggest anywhere from $360,000 to $600,000. However, it is ultimately up to you and your family.

Auto Insurance

What factors can affect the cost of my automobile insurance?

The cost of your car insurance will be affected by the type of car you drive, your driving history, demographic, the amount of coverage you have, and more.

Who should be on my auto insurance policy?

Anyone who regularly drives your car should be on your policy.

What are the different types of auto insurance coverage?

The different types of auto insurance coverage include:

• Liability Coverage: Pays for injuries or damage you cause to others.
• Collision Coverage: Covers damage to your vehicle resulting from a collision.
• Comprehensive Coverage: Covers damage to your vehicle caused by events other than a collision.
• Uninsured/Underinsured Motorist Coverage: Protects you if you’re hit by a driver who doesn’t have insurance or doesn’t have enough insurance.
• Medical Payments Coverage: Covers medical expenses for you and your passengers.

How much does auto insurance cost?

The cost of auto insurance depends on various factors, including your age, driving record, the type of car you drive, and the amount of coverage you want.

What is a deductible in auto insurance?

A deductible is the amount you pay out of pocket before your insurance coverage kicks in. For example, if you have a $500 deductible and your car is damaged in an accident, you would pay the first $500, and your insurance would cover the rest.

What is a claim in auto insurance?

A claim is a request for payment from your insurance company. This could be because of a covered loss, such as a car accident.

What is a policy term in auto insurance?

 A policy term is the period of time during which your auto insurance coverage is in force.

What is a premium in auto insurance?

A premium is the amount you pay (typically monthly) to keep your auto insurance policy active.

What is a liability claim in auto insurance?

A liability claim is a claim that another driver or their insurance company makes against you. This usually happens when you’re at fault for an accident.

What is a no-fault insurance policy?

A no-fault insurance policy is a type of auto insurance where each person’s insurance company pays for their own medical expenses, regardless of who was at fault for the accident.

What is a high-risk driver in auto insurance?

A high-risk driver is a driver who is considered more likely to have an accident. This could be due to factors like a poor driving record, multiple traffic violations, or a history of filing claims.

What is a low-risk driver in auto insurance?

A low-risk driver is a driver who is considered less likely to have an accident. This could be due to factors like a clean driving record, no traffic violations, and a history of not filing claims.

What is a grace period in auto insurance?

A grace period is the time after your auto insurance policy expires during which you can still renew it without being charged a late fee.

Business Insurance

Is insurance legally required for small businesses?

That depends on the industry, size, and other factors about the business. Generally, workers’ compensation insurance is legally required in most states, while other types may be necessary for contractual obligations or industry regulations.

What does general liability insurance cover?

General liability insurance typically covers bodily injury, property damage, and personal injury claims that arise from your business operations, products, or services.

Do home-based businesses need insurance?

Yes, home-based businesses often require insurance. Even working from home, your business will be susceptible to several types of legal claims or digital losses.

What is a business owner’s policy (BOP)?

A business owner’s policy (BOP) is a bundled insurance policy designed for small businesses. It typically includes general liability insurance and property insurance at a lower premium than purchasing them separately.

How can small businesses save money on insurance?

Small businesses can save money on insurance by shopping around for quotes from multiple insurers, choosing higher deductibles, and bundling policies where it makes sense.

What is business interruption insurance?

Business interruption insurance covers lost income and expenses when a business is unable to operate due to a covered peril, such as a natural disaster or fire. It helps businesses recover financially during the downtime.

How often should small businesses review their insurance coverage?

Business owners should review their coverage annually or whenever significant changes occur, like adding employees, expanding service offerings, or something else. Regularly reviewing your coverage allows you to get the best coverage and make sure your bases are covered.

Home Insurance

What does home insurance typically cover?

Home insurance typically covers the structure of your home, personal belongings, liability protection, and additional living expenses if you need to live elsewhere temporarily due to a covered event.

Is home insurance required by law?

Home insurance is not legally required by law, but most mortgage lenders require it as a condition of the loan to protect their investment in your home.

What is the difference between actual cash value and replacement cost coverage?

Actual cash value coverage pays the depreciated value of damaged or lost items, while replacement cost coverage pays the amount needed to replace the items with new ones of similar kind and quality without depreciation.

Does home insurance cover natural disasters?

Standard home insurance policies typically cover certain natural disasters like fire, windstorms, and hail. However, damage from earthquakes and floods is usually not covered and requires separate policies or endorsements.

What is liability coverage in home insurance?

Liability coverage in home insurance protects you if someone is injured on your property or if you accidentally cause damage to someone else’s property. It covers legal fees, medical expenses, and any settlements or judgments up to the policy limit.