In this day and age, every single penny matters and whenever you are getting married and you are looking to gain some discounts on your car insurance, you have to know some of the steps and some of the guidelines. Your age is one of those guidelines – if you are under 25, you most likely will get a discount on your car insurance if you get married.
The reason for this is because the insurance companies believe that if you are married, you will be less likely to be a reckless driver. While you might not be ready to get married when you are under 25 years of age, just remember that there are big discounts in there on car insurance.
Let’s say that you do get married and you are under the age of 25 but both you and your spouse have a really bad driving record. Well, that is something that can definitely hinder a lot of the discounts that you can get as your driving record does follow you around.
However, if you have a bad driving record and your spouse has a good one, you can definitely get on their insurance as a secondary driver and that – alone will let have all sorts of discounts and will certainly ensure that you are saving a ton of money.
Finally, you want to make sure that you are working with a broker as well, that way you can ensure that you are getting the best deal out there and not being stuck filling the quotas for your good-neighbor captive agent!
Call me at 1-855-GET-SELECT (438-7353) for more money-saving tips!
http://www.selectinsuranceteam.com/selectinsuranceblog.html
Tuesday, April 12, 2011
Boat Owners Insurance 101
With summer fast approaching, people are gearing up for another great boating season. Boats are coming out of storage, fresh coats of paint are being added, and equipment is being replaced. One aspect of boat ownership that should not be neglected is boat owners insurance. Too many times, people don’t have the right amount of coverage and are left paying more than they would otherwise have to when something happens to their boat.
Your boat is a significant investment and therefore, you’ll want to protect it with the boat owners insurance that is right for you. Insurance for boats comes in many different options and when purchasing coverage, or renewing your current coverage, you should think about what is important to you. With the help of your insurance provider, you can make the right decision and find a policy that is affordable and comprehensive. Some coverages that you may want to look into include the following:
• Total Loss Replacement
Replaces total losses with the latest model (new-for-old) or, if not available, a comparable model. Available on new personal watercraft purchased within the preceding 13 months. Once the coverage is purchased, it can remain in place through the 10th model year. For personal watercraft 5 model years old or less at the time of a total loss, the insurance company will replace the personal watercraft with the latest model, or if not available, a comparable model. For personal watercraft older than 5 model years at the time of a total loss, the insurance company will pay the purchase price.
• Uninsured Personal Watercraft Coverage
Uninsured Personal Watercraft Bodily Injury Coverage pays for medical treatment, wage loss, and other damages sustained as a result of a personal watercraft accident where the liable boater does not have liability coverage.
• Actual Cash Value
The Actual Cash Value option is the most economical choice when it comes to insuring a personal watercraft. The Actual Cash Value is determined by the market value, age and condition of the personal watercraft at the time of the loss.
• Disappearing Deductibles
This coverage is included at no extra charge along with Total Loss Replacement and Agreed Value. Disappearing Deductibles provides a reduction of 25% in Comprehensive and Collision deductibles for each claim-free renewal period. When the fourth consecutive claim-free renewal period is reached, your deductible diminishes to $0. If a Comprehensive or Collision claim is paid, deductibles are reset to the selected level
• On-Water Towing and Labor
Pays for towing and labor costs on a reimbursement basis up to $1,000 per occurrence. You choose from the three available limit options: $300, $500 or $1,000. The labor coverage applies when it is performed at the time and place of disablement, while the personal watercraft is in the water.
• Agreed Value Coverage
In the event of a total loss, our expanded Agreed Value guarantee pays you the amount originally spent for the watercraft or the appraised value, with no deduction for depreciation and no deductible.
Each of these will meet a specific need and should be explored fully with your insurance provider. For detailed information go to www.selectinsuranceteam.com or contact one of our qualified representatives at 1-855-GET-SELECT (438-7353) for more information.
Your boat is a significant investment and therefore, you’ll want to protect it with the boat owners insurance that is right for you. Insurance for boats comes in many different options and when purchasing coverage, or renewing your current coverage, you should think about what is important to you. With the help of your insurance provider, you can make the right decision and find a policy that is affordable and comprehensive. Some coverages that you may want to look into include the following:
• Total Loss Replacement
Replaces total losses with the latest model (new-for-old) or, if not available, a comparable model. Available on new personal watercraft purchased within the preceding 13 months. Once the coverage is purchased, it can remain in place through the 10th model year. For personal watercraft 5 model years old or less at the time of a total loss, the insurance company will replace the personal watercraft with the latest model, or if not available, a comparable model. For personal watercraft older than 5 model years at the time of a total loss, the insurance company will pay the purchase price.
• Uninsured Personal Watercraft Coverage
Uninsured Personal Watercraft Bodily Injury Coverage pays for medical treatment, wage loss, and other damages sustained as a result of a personal watercraft accident where the liable boater does not have liability coverage.
• Actual Cash Value
The Actual Cash Value option is the most economical choice when it comes to insuring a personal watercraft. The Actual Cash Value is determined by the market value, age and condition of the personal watercraft at the time of the loss.
• Disappearing Deductibles
This coverage is included at no extra charge along with Total Loss Replacement and Agreed Value. Disappearing Deductibles provides a reduction of 25% in Comprehensive and Collision deductibles for each claim-free renewal period. When the fourth consecutive claim-free renewal period is reached, your deductible diminishes to $0. If a Comprehensive or Collision claim is paid, deductibles are reset to the selected level
• On-Water Towing and Labor
Pays for towing and labor costs on a reimbursement basis up to $1,000 per occurrence. You choose from the three available limit options: $300, $500 or $1,000. The labor coverage applies when it is performed at the time and place of disablement, while the personal watercraft is in the water.
• Agreed Value Coverage
In the event of a total loss, our expanded Agreed Value guarantee pays you the amount originally spent for the watercraft or the appraised value, with no deduction for depreciation and no deductible.
Each of these will meet a specific need and should be explored fully with your insurance provider. For detailed information go to www.selectinsuranceteam.com or contact one of our qualified representatives at 1-855-GET-SELECT (438-7353) for more information.
Sunday, April 10, 2011
Why Auto Insurance Costs Vary By Zip Code?
When auto insurance companies are setting rates they should be charging just premiums based on many factors they take into account. Insurance works on the theory of collective pool of money to pay for the damages few motorists suffer. Nonetheless, everyone does not contribute the same amount into the pool to be eligible for the benefits.
Location is one of the main determining factors in deciding how much each driver should pay. Insurers collects mass amount of statistics and make countless permutations to make sure that they make money from their business while remain fair to their premium payers. While they categorize these statistics location becomes the obvious one.
When they can make money charging reasonable rates in some areas in others they might require double the amount to be profitable. Probably profitability of insurance business is the fairest method of coming up with insurance costs for each area. In essence each area becomes a separate pool of insurance in the theory.
Clear patterns might help individuals to understand why the charges are different. For example densely populated areas like metropolitans have high rates of accidents, theft and other car crimes. And therefore insurance providers have to pay out more claims. It is only fair that people in these areas pay higher premiums to meet the pay-out amounts rather than expecting a peaceful small town folks contributing to their pool of insurance.
Principle of insurance employs probabilities of a loss happening. It is true that you might not have accidents or your car might not be damaged in most dangerous roads and neighborhoods but that is not necessarily the point. By merely being there you attract the risk element and get charged the risk premium.
The best motorist could do is to find out what is the average auto insurance costs in their area and compare that with theirs. This will allow them to determine if they are paying too much for their insurance or not. Simply you need to work within the limitations of your geographic location and make the most of it by adopting and adjusting your vehicle specifications, parking arrangements and so on.
call us at 1-855-GET-SELECT (438-7353) to learn more!
Location is one of the main determining factors in deciding how much each driver should pay. Insurers collects mass amount of statistics and make countless permutations to make sure that they make money from their business while remain fair to their premium payers. While they categorize these statistics location becomes the obvious one.
When they can make money charging reasonable rates in some areas in others they might require double the amount to be profitable. Probably profitability of insurance business is the fairest method of coming up with insurance costs for each area. In essence each area becomes a separate pool of insurance in the theory.
Clear patterns might help individuals to understand why the charges are different. For example densely populated areas like metropolitans have high rates of accidents, theft and other car crimes. And therefore insurance providers have to pay out more claims. It is only fair that people in these areas pay higher premiums to meet the pay-out amounts rather than expecting a peaceful small town folks contributing to their pool of insurance.
Principle of insurance employs probabilities of a loss happening. It is true that you might not have accidents or your car might not be damaged in most dangerous roads and neighborhoods but that is not necessarily the point. By merely being there you attract the risk element and get charged the risk premium.
The best motorist could do is to find out what is the average auto insurance costs in their area and compare that with theirs. This will allow them to determine if they are paying too much for their insurance or not. Simply you need to work within the limitations of your geographic location and make the most of it by adopting and adjusting your vehicle specifications, parking arrangements and so on.
call us at 1-855-GET-SELECT (438-7353) to learn more!
Are the Cheapest Auto Insurance Quotes Always the Best Choice?
Naturally nobody could blame you for wanting the cheapest auto insurance quotes especially when the going is tough as it is. Depending on your preferences the answer to this question could be different. Hopefully there will be one or two tips in this article for you as to how to choose your insurance company.
Certainly there are many cases in which the cheapest quotes could provide a solution. For example, they would be much better than not having any insurance. Many motorists would want the bare minimum coverage and absolute lowest prices because of their financial situation.
We can not rule out that money plays an important factor in your choices but we need to keep in mind the promise of insurance. It is not like any other products that you see, like and buy off the shelf. It is a promise to pay the claims when you suffer an unfortunate accident. For that reason you need to trust the company behind the promise.
Ideal solution to this dilemma is to get several quotes from competing auto insurance companies and line up your options. If you have a few companies at the low end of the price list, then you could comfortably pick one of them.
You have a problem when you have most of the companies piled up at a price range and one company comes considerably lower than anyone else. Unless that is a highly reputable company you would be better off dumping that choice. The rule of averages work pretty well in most cases and it makes much more sense to get rid of the highest and lowest quotes from your list.
It is worth mentioning that insurance companies are well regulated and you would be safe with most of them. But common sense should prevail all the time and the quotes should make sense. After all you are buying auto insurance for peace of mind. It is important that you feel comfortable with the insurer because it offers reliable security and fairly priced quote
Call us at 1-855-GET-SELECT (438-7353) to discuss auto insurance companies and options.
Certainly there are many cases in which the cheapest quotes could provide a solution. For example, they would be much better than not having any insurance. Many motorists would want the bare minimum coverage and absolute lowest prices because of their financial situation.
We can not rule out that money plays an important factor in your choices but we need to keep in mind the promise of insurance. It is not like any other products that you see, like and buy off the shelf. It is a promise to pay the claims when you suffer an unfortunate accident. For that reason you need to trust the company behind the promise.
Ideal solution to this dilemma is to get several quotes from competing auto insurance companies and line up your options. If you have a few companies at the low end of the price list, then you could comfortably pick one of them.
You have a problem when you have most of the companies piled up at a price range and one company comes considerably lower than anyone else. Unless that is a highly reputable company you would be better off dumping that choice. The rule of averages work pretty well in most cases and it makes much more sense to get rid of the highest and lowest quotes from your list.
It is worth mentioning that insurance companies are well regulated and you would be safe with most of them. But common sense should prevail all the time and the quotes should make sense. After all you are buying auto insurance for peace of mind. It is important that you feel comfortable with the insurer because it offers reliable security and fairly priced quote
Call us at 1-855-GET-SELECT (438-7353) to discuss auto insurance companies and options.
Monday, January 31, 2011
Quote, Select, and Save by calling 1-855-GET-SELECT (438-7353)
Select Insurance Group™ is a Missouri domiciled Insurance Brokerage agency based out of St. Louis, MO. We handle a full line of insurance products Including Auto Insurance, Homeowners Insurance, Health Insurance, General Liability Insurance, Workers Compensation Insurance, Medical Malpractice, Special Risk Insurance, and More! At Select Insurance Group ™ you have a wide variety of coverages and top-rated companies to choose from, ensuring you are receiving the best policy for your insurance Dollar. SHOP, SELECT, AND SAVE! Call us toll-free at:1-855-GET-SELECT (438-7353)or visit www.selectinsuranceteam.com to start saving today!
Wednesday, May 12, 2010
shopping options for auto insurance
Shopping for car insurance can be a big undertaking. It can be daunting at times but is very important. There are now many ways to get yourself insured and the coverage you need.
Smart customers know it pays to do a little research before buying car insurance. Just based on the price of the insurance rates today, why not take the time to check the rates with several companies. Researching companies holds true for renewals as well. You can get a feel for the insurance market and find out if you have the best rates. If your current policy is already cheaper you know you are doing all right.
The first and best way to find out what is out there is to go through your local yellow pages. Most, if not all, companies will give you quotes right over the phone. This way you can run down the list and get multiple rates right away. One thing to remember is to compare apples to apples. This means make sure you are getting the price for the same type of coverage.
Full coverage for one company is not the same as for another. Limits are important to look at as well. Bodily injury with company A may be a little cheaper then B but their coverage may be only 10,000/20,000 while B's is 100,000/300,000. You want to make sure you are aware of the coverage you are have and that you want the type of insurance you are getting a rate for. You can always adjust your policy up or down to meet your needs. Before adjusting it down consider that you may save a few dollars now by lowering coverage but during a claim be unhappy that the limits paid are lower then your damages. Always, always buy as much insurance as you can afford.
Another way to find companies in your area is to go online (www.insuredbysteve.com) . The Internet is an excellent tool to help you shop around. You can look up many carriers and may even be able to run quotes yourself. There is no waiting on hold and you can usually do it 24 hours a day. You do not have to wait for an agent to help you or call you back if he or she is busy. You can print out lists and easily compare prices.
Online you can also check the credentials of the company. You can look to see how long they have been in business and find locations. You can find companies that are not in your local area but can serve you just as well. Some companies allow you to start your policy right on the computer for added convenience. You can get your quote, enter your information and activate your policy immediately. Proof of insurance usually can be printed right from your home computer's printer.
Driving around town may also afford you the chance to find a company that is close to you. An agency close to your home or job is convenient (877 My Insurance is located at 14575 Manchester Rd 2 miles west of highway 141). Agencies close by also let you make payments right in the office and lets you get to know your agent. This way however does give you a limited amount of choices and prices may not be as good as you may get by calling around.
Is one way better then the other? Well that is up to you. Some people just want to get the process over and done with. Some people want the best rate available. Some want the best and most coverage available. The answer is whatever is most comfortable for you is what you should go with.
Let me shop your insurance rates and find you discounts that you might realize, existed. You can do so by calling me direct at 636-410-6219 or visiting www.insuredbysteve.com
Smart customers know it pays to do a little research before buying car insurance. Just based on the price of the insurance rates today, why not take the time to check the rates with several companies. Researching companies holds true for renewals as well. You can get a feel for the insurance market and find out if you have the best rates. If your current policy is already cheaper you know you are doing all right.
The first and best way to find out what is out there is to go through your local yellow pages. Most, if not all, companies will give you quotes right over the phone. This way you can run down the list and get multiple rates right away. One thing to remember is to compare apples to apples. This means make sure you are getting the price for the same type of coverage.
Full coverage for one company is not the same as for another. Limits are important to look at as well. Bodily injury with company A may be a little cheaper then B but their coverage may be only 10,000/20,000 while B's is 100,000/300,000. You want to make sure you are aware of the coverage you are have and that you want the type of insurance you are getting a rate for. You can always adjust your policy up or down to meet your needs. Before adjusting it down consider that you may save a few dollars now by lowering coverage but during a claim be unhappy that the limits paid are lower then your damages. Always, always buy as much insurance as you can afford.
Another way to find companies in your area is to go online (www.insuredbysteve.com) . The Internet is an excellent tool to help you shop around. You can look up many carriers and may even be able to run quotes yourself. There is no waiting on hold and you can usually do it 24 hours a day. You do not have to wait for an agent to help you or call you back if he or she is busy. You can print out lists and easily compare prices.
Online you can also check the credentials of the company. You can look to see how long they have been in business and find locations. You can find companies that are not in your local area but can serve you just as well. Some companies allow you to start your policy right on the computer for added convenience. You can get your quote, enter your information and activate your policy immediately. Proof of insurance usually can be printed right from your home computer's printer.
Driving around town may also afford you the chance to find a company that is close to you. An agency close to your home or job is convenient (877 My Insurance is located at 14575 Manchester Rd 2 miles west of highway 141). Agencies close by also let you make payments right in the office and lets you get to know your agent. This way however does give you a limited amount of choices and prices may not be as good as you may get by calling around.
Is one way better then the other? Well that is up to you. Some people just want to get the process over and done with. Some people want the best rate available. Some want the best and most coverage available. The answer is whatever is most comfortable for you is what you should go with.
Let me shop your insurance rates and find you discounts that you might realize, existed. You can do so by calling me direct at 636-410-6219 or visiting www.insuredbysteve.com
Monday, May 3, 2010
Individual Health Insurance Reform Changes That Kick In For 2011
On Tuesday, March 23, 2010, President Barack Obama signed a health care reform bill into law. Here are highlights of new health insurance reform laws that will take effect on January 1, 2011 (unless otherwise indicated):
Free Preventative Care Under Medicare
Starting January 1, 2011, co-payments and deductibles can no longer be charged for preventive care medical services.
This reform will enable more senior citizens to get regular check-ups to help detect potential health problems. When people with heart disease, cancer, and diabetes are diagnosed earlier, faster treatment can aid in the prevention of long-term complications of treatable diseases which not only cost more in consumer dollars, but cost people their lives.
Medicare Part D "Donut Hole"
In 2010, Medicare recipients will only get a $250 rebate for prescription drugs. However, beginning in 2011, seniors on Medicare will get a 50 percent discount on brand-name drugs while in the "Donut Hole," a gap in the Medicare Part D prescription drug coverage plan. Medicare Part D currently covers up to $2,700 per year in prescription drug payments then stops paying for medications until costs exceed $6,100. This means Medicare Part D coverage recipients are responsible for paying all their own drug costs between $2,700 and $6,100. This gap in coverage will be eliminated completely by 2020.
Insurance Company Financial Accountability
Good-bye insurance industry executive greed. Beginning on January 1, 2011, insurance companies that provide individual and small group policies will be required to spend 80 percent of their premium dollars on medical services. Previously, insurance companies could pocket high profits without being accountable for the level of services provided to their insureds, the number of rescinded (retroactively canceled) insurance policies to avoid paying and claims, and salaries that made Wall Street fat cats look poor.
Free Preventative Care Under Medicare
Starting January 1, 2011, co-payments and deductibles can no longer be charged for preventive care medical services.
This reform will enable more senior citizens to get regular check-ups to help detect potential health problems. When people with heart disease, cancer, and diabetes are diagnosed earlier, faster treatment can aid in the prevention of long-term complications of treatable diseases which not only cost more in consumer dollars, but cost people their lives.
Medicare Part D "Donut Hole"
In 2010, Medicare recipients will only get a $250 rebate for prescription drugs. However, beginning in 2011, seniors on Medicare will get a 50 percent discount on brand-name drugs while in the "Donut Hole," a gap in the Medicare Part D prescription drug coverage plan. Medicare Part D currently covers up to $2,700 per year in prescription drug payments then stops paying for medications until costs exceed $6,100. This means Medicare Part D coverage recipients are responsible for paying all their own drug costs between $2,700 and $6,100. This gap in coverage will be eliminated completely by 2020.
Insurance Company Financial Accountability
Good-bye insurance industry executive greed. Beginning on January 1, 2011, insurance companies that provide individual and small group policies will be required to spend 80 percent of their premium dollars on medical services. Previously, insurance companies could pocket high profits without being accountable for the level of services provided to their insureds, the number of rescinded (retroactively canceled) insurance policies to avoid paying and claims, and salaries that made Wall Street fat cats look poor.
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