Thursday, January 17, 2013
The Insurance Cowboy: Have you ever hit something in the road on the fre...: Have you ever been driving down the road and all of a sudden something is on the road in front of you and you hit it. I hate it when that ha...
Have you ever been driving down the road and all of a sudden something is on the road in front of you and you hit it. I hate it when that happens. Car insurance seems to come into play more times than not. When the insurance adjuster interviews you about what happened, they are asking probing questions trying to determine if the object you hit was "moving" or "stationary". If the object was moving when you hit it, the claim is a "comprehensive" claim and will NOT be considered an "at fault loss" and will NOT raise your insurance rates. However, if the object was "stationary" and you hit it, it is a "collision" claim and WILL be considered an "at fault" accident and the claim will cause your insurance rates to increase. That increase will stay with you for 3 years. Make sure you are very clear in your own mind as to what happened BEFORE you talk to the insurance company and adjuster.
Tuesday, January 15, 2013
The Insurance Cowboy: Why Buying Term and Investing the Difference is a ...: The phrase "Buy Term life Insurance and invest the difference", is at best a very flawed concept for 97% of the population. Term life insura...
The phrase "Buy Term life Insurance and invest the difference", is at best a very flawed concept for 97% of the population. Term life insurance is the cheapest way to get a lot of coverage. The main characteristic of Term life Insurance is that the premium will constantly rise. Some policies every year, some every 5,10,20, and 30 years. Whole Life Insurance or Permanent life Insurance by contrast maintains a level premium through out the life of the policy. the premiums are however higher than Term. The concept of buying term and investing the difference is theoretically sound but unrealistic for most. 97% of people are not disciplined enough to actually take the difference in premium and actually, consistently invest it. life tends to get in the way and before long those funds are committed to other bills. because Term Insurance continually rises, there is a point where it becomes unaffordable. The reality is that when you are older and need the life Insurance the most, it has become unaffordable and the coverage is dropped and the policy becomes "out of force" and the lives of those left behind are left to "pick up the pieces" with no help from the life Insurance policy. Whole Life is expensive when you begin but as time goes by,your earning power increases but your premium stays the same and it continues to become easier to pay the never changing premium. The bottom line is Whole Life policies typically stay in force and bless the lives of loved ones at the time of passing. Term, on the other hand, typically are dropped well prior to the insureds death, thus leaving loved ones without and help for final expenses and the care of their loved ones. Be Smart, Buy Permanent level premium Life Insurance.
Thursday, October 11, 2012
Need service on your Auto Insurance policy and can’t get anyone to answer the phone or return your call? Do you feel like you are getting Bucked Off when you need then most? The Insurance Cowboy may be the answer. You see, the problem today is that people confuse Rules with Principles. Rules are there to be Broken, Principles CAN NOT! Most Insurance Agents should be working at McDonalds taking orders at the window. You may think they are looking out for you…but most of the time they are NOT. They are concerned only about having the Lowest Premium in order to get your business and collect their commission and they could not care less about your coverage’s and protecting your Assets. Your Auto Insurance is more Critical than almost any other policy you can have. You are much more likely to have a car accident than a Home Owners claim. When was the last time your Agent explained that if the diamond falls out of your ring and is lost, that it is NOT covered. Or if you use Your laptop in the course of Business, and it is stolen from your car, your Homeowners Policy will pay a maximum $250.00 period. There are only a couple Insurance Companies that have a policy that will pay more. Is your Agent recommending an “Umbrella” if you own a home? Have they discussed with you the pitfalls of 15/30 coverage for Uninsured/ Underinsured or why you never want 15/30 Bodily Injury Liability. Auto Insurance with the Wrong Agent is worse than trying to ride a Bucking Bull. When a bull bucks you off, your aches and pains will heal much faster than the Pain that comes from YOUR LOSS of ASSETS thru inadequate coverage’s. The Insurance Cowboy ALWAYS Explains and Advises you on All Coverage’s you have and why you need what I will Recommend. You are Intelligent and can make Wise Informed decisions if you understand the way the game is played. Together we will implement coverage’s that will protect you from nearly anything Life can throw your way. Call The Insurance Cowboy TODAY for a FREE appointment and Review,702-203-5954.
Thursday, September 13, 2012
The Insurance Cowboy: Insurance....Lowest Premium or Best Value for Auto...: Best Price or Best Value? Today most people only focus on Lowering their Auto Insurance premiums and give no thought to VALUE. Insurance is ...
Best Price or Best Value? Today most people only focus on Lowering their Auto Insurance premiums and give no thought to VALUE. Insurance is no different than any other service and or product driven environment. Cheaper is NEVER Better. Think about it, Insurance is purchased to Predetermine how your future CLAIM will be handled . Do you want the CHEAPEST Claim handling or the Best Claim handling? Price IS very Important but your Agent should be talking to you about the difference. If they are ONLY talking to you about "The lowest price" only and is not ADVISING you about the VALUE of certain Coverages. If your Agent offers you $50,00 in a coverage but they can double that coverage to $100,000 and it will only cost an additional $2.00 per month, would you spend the extra $2.00 to get an additional $50,000 in coverage? Of Course You would. That's VALUE. Is your Agent Price driven or Value driven. If they are Price driven... RUN, not walk...RUN till you find someone who focuses on Value and will Advise you on the coverages needed to Protect your Family and Assets. This Cowboy Does Exactly that. I would be Honored to Advise anyone on the correct coverages and values for each Individual situation, Even if you wish to stay with your current carrier. CALL ME today and we will schedule a time for you to come and ride a horse while we discuss your insurance needs and strategies CALL TODAY at 702-203-5954.