If insurance is something that you do not know a lot about, then you likely have a lot of questions about life insurance and how it works. These are some of the basics of life insurance from Don Allred Insurance serving Burlington, NC. Once you know a bit more about it, you can decide if it is the right option for you.
- Who is it for? While you do purchase life insurance for yourself, it is actually a form of life insurance that is designed to help your beneficiaries.
- Who are your beneficiaries? You get to choose your beneficiaries for your lie insurance policy. These are the individuals who will receive the life insurance money upon your death. You can choose to have one beneficiary or multiple ones. You can also determine the percentage that each of your beneficiaries get if you have more than one beneficiary designated. You can also change beneficiaries at any time.
- How is cost determined? If you are looking into life insurance, you are probably wondering how much you will have to pay for coverage. Rates are typically determined based on age and your health. There are basic rates also depending on when you sign up for insurance. You may be able to lock in rates as well.
- Is insurance coverage automatic? If you choose to enroll in life insurance through an employer and during your new hire open enrollment period, then you will likely be automatically approved. However, if you opt for a personal policy, then you will likely have to undergo medical underwriting and there is a possibility that you would be denied coverage depending on your health state.
If you think life insurance is a good option for your current situation, be sure to contact Don Allred Insurance serving Burlington, NC to learn more about your options.
Commercial insurance is not a one size fits all protective blanket for your business. There are many different add on’s you can consider, each of which provides a different kind of protection. This way, you can tailor make your insurance policy to best fit your unique needs. At Don Allred Insurance, we want to make sure your business in Burlington, NC is well protected, so consider these different commercial insurance add on’s when protecting your business.
Data Breach Insurance
If you store information about your business and clients on servers, data files or really anywhere else, it is your responsibility to protect the sensitive information. Data breach protection helps cover the costs associated with possible data breaches.
Professional Liability Insurance
This form of insurance is different from general liability insurance as it provides coverage for professional firms such as consultants, accountants, lawyers, insurance agents and others who offer a specific service. If a recipient of a service believes you have not provided the necessary services as outlined, professional liability insurance helps cover costs associated with legal fees connected with these claims.
Commercial Auto Insurance
Commercial auto insurance isn’t just for those who use a large vehicle fleet. It is for anyone who uses a vehicle for their work. Even if you run a business out of your home, if you drive at all for your business you may need to invest in commercial auto insurance.
There are all sorts of different commercial insurance add on’s for you to consider. Some policies listed you may not need while others can prove the utmost importance. That is exactly why you need to talk with the professionals at Don Allred Insurance in order to pinpoint the right commercial insurance protection required for your Burlington, NC business.
The agents of Don Allred Insurance can help the residents of Burlington, NC protect their home and possessions in a variety of different ways. From installing a security system to creating a videotape inventory, the agents can provide helpful hints that will help to reduce insurance premiums, determine eligibility for discounts, and provide the right amount of coverage for each person’s individual needs. For an insurance agent to provide an accurate quote, it is important to have an estimated value when it comes personal property and the real estate itself.
In today’s world, digital media, computers, smart televisions, gaming systems, and cell phones can tally up thousands of dollars. These items are often the first things a burglar will go far, along with jewelry, cash, various types of weapons and other valuables. If you want to truly protect your assets, the best way to accomplish the task is to do a video inventory. Walk through the home videotaping as much of it as possible. Take close up shots of serial numbers on electronics and other valuables. Once the video is recorded, put it in a safe deposit box or give a copy to your insurance agent.
In Burlington, NC, residents can call the agents of Don Allred Insurance to find out what they can do to save money on their insurance premiums. By videotaping a thorough inventory of your home and updating periodically, you can help the insurance company know how much insurance you need. Call Don Allred Insurance today and talk to an agent to find out what type of things should be included in the inventory as well as what other techniques can be used to protect yourself and your family from financial loss.
An auto insurance carrier may ask you to include or exclude certain drivers who live at your residence. If this is something that you have not ever had to do before, you may have many questions about what this means exactly. Here is what it means to exclude a driver from your auto insurance policy.
When you exclude a driver from your auto insurance policy, it means that you are stating that they will never use your car. If they do use your car, your insurance policy will not drive them. Typically, an insurance company will want to exclude a bad driver who you live with. This may be someone who has a DUI, multiple accidents or a suspended license. It is someone the insurance company deems to be an at-risk driver and who may be more at risk of having accidents than other individuals.
This is very common if you reside at a home with multiple people, such as roommates, or have a large family. The auto insurance company can find out who else has automobiles registered at the address or who else has auto insurance from that address. This is how they determine who may or may not be living at the residence. They then ask you to include or exclude those other drivers at your place of residence.
If you live with a bad driver, you may be asked to exclude the driver from your policy. If you do not, your auto insurance rate may increase. If you have an at-risk driver, let Don Allred Insurance in Burlington, NC help. We can help you determine whether to include or exclude them from your auto insurance policy.
Insurance is necessary in most states at least to some extent. The legality of insurance isn’t the only reason why people in Albany NY should have insurance. It could protect a person in more ways than they may know.
1. Protect Assets
Without insurance, it puts a person legally and financially responsible for damages done in an accident. The person will either have to pay out-of-pocket or may even lose their house or other valuable possessions to pay for the debt. Those who don’t have assets will be in debt to the other party until the entire sum is paid off.
2. Peace of Mind
The stress of not having insurance can be overwhelming. The person worries about the financial burden an accident can lead to. Without insurance, the person worries about getting stopped by the police and the fines associated with getting caught. The person worries about something happening to their vehicle that could prevent them from getting around, especially back and forth to work.
3. Satisfaction of Following the Law
Breaking the law can give a person a guilty conscious. They feel a certain amount of anxiety that’s associated with doing something wrong and fearing the consequences. However, having insurance gives a person the satisfaction of following the law.
4. Prevents Hassle to Others
When person doesn’t have insurance, they inconvenience the other party with the burden of bills that might not get paid right away.
To have a peace of mind with an insurance policy that caters to the consumer, a person should contact NY Twin Bridges Insurance Agency, serving Albany, NY and the surrounding area, at 518-608-5797.
If you live in Burlington, NC and love to throw the family in the car and go on vacation in nearby states or within North Carolina, then you may be a pro at driving long-distance. But are you? Here are some tips for staying safe on your next long distance drive that you might not have thought of.
When driving long distances you will want to remain alert. One way to do this is to chew gum. The repetitive process has been proved to increase alertness and circulation and you can get the same affect with sugar-free gum.
Another way to stay alert during a long drive is to have the scent of peppermint in the car. This natural smell is a pick-me-up that has been proven to reduce fatigue and increase awareness. Look for a peppermint-scented air freshener. You can also keep a handful of peppermint flavored candy or gum for easy access.
Take a Siesta
People are naturally drowsy from 1 pm to 3 pm when the body temperature heats up. During this time, stop and take a break, even take a nap if you can. If not, then use this time to get out and stretch for a few minutes, which you should be doing every couple of hours. This is also a good time to switch drivers, if possible.
At Don Allred Insurance, we love giving driving tips. And we love talking about auto insurance in Burlington, NC. If you’re looking for a new auto policy or want to change an existing one, call Don Allred Insurance today to speak with a friendly agent.
When you budget in your home insurance for the month, you may wonder if it’s eating up too much of your take-home pay. But taking shortcuts when it comes to your home insurance won’t hurt anyone but you and your property in the end. Here are a few tips to keep your premium in perspective from NY Twin Bridges Insurance Agency.
Albany NY Homes
The homes in your neighborhood aren’t just places to live — they represent the hard work, careful planning, and sacrifices that have been made to afford a certain type of lifestyle. No matter how much you paid for your home, you need to remember the emotional and financial investment that went into the process. Saving your home from everyday calamities and major disasters alike isn’t something that only the very rich should do, it’s what every homeowner needs if they want their property to pay off in the long run. When you make that monthly payment, you’re buying into the future of your home and your family.
Finding People to Help
When you think that your budget can’t handle the premium, it might be time to talk to someone who knows more about what that means. Nothing is worse than being alone in a crisis. NY Twin Bridges Insurance Agency has agents who have worked on practically every scenario under the sun, and we can make it easier for the people of Albany, NY to navigate their policies. Our agency won’t try to sell you on a policy you have no use for, only remind you of what’s really at stake when it comes to your home. It’s our privilege and our pleasure to help you, so give us a call today to find out more.
Everything you do has a ripple effect on the people around you. Litter your property with junk, and your home will become an eyesore that can cause good buyers to shy away from your block. Neglect your house, and criminals may start thinking that you’re not going to be around to notice if they choose to target your area. But buying home insurance can be just one way that you reverse these types of effects. Start appreciating your premium a bit more when you consider all the good it does for both you and your corner of the world.
Don Allred Insurance gives people the financial means to get their properties back in order when things go wrong. Whether that’s because of a bad storm in Burlington, NC or because a thief broke a few windows, taking care of the problems allow people to maintain the structural integrity of their home as they go about their daily lives. Too often things happen to homes when the owner doesn’t have the money or the time to fix it. Over even just a little bit of time, it can compromise the rest of the home and start making the neighborhood look shabby.
Don Allred Insurance knows sometimes it just takes one person doing the right thing to influence other people to do the same. Taking care of your property can inspire other people to do the same, and promote responsibility. It’s not only necessary to keep home values up but also means that vandals won’t feel comfortable being in a neighborhood where they feel as though they’re being watched. Call Don Allred Insurance if you live in Burlington, NC, and want to learn more about it all.
Most people think that they’re paying too much money for auto insurance. The independent insurance agents at Don Allred Insurance in Burlington, NC work many different insurance companies. We’ll find out if you’re paying too much money for car insurance. If you are, we can switch you to a different insurer at any time. Here are some major factors that go into what you’re paying.
High Horsepower Machines
Some cars are made for speed. They have high performance power trains, steering and braking. Expect your car insurance premiums to reflect more speed and increased risk for an insurer.
You’re Driving with Some Tickets on Your Record
Many drivers with large collections of tickets also bring increased risk to their insurance company. The longer you collect those tickets, the longer you’ll be paying higher premiums.
If you opted for a low deductible, you’ll be paying higher premiums. On the other hand, a higher deductible can translate into lower premiums. If you’re comfortable paying a higher deductible in the event of a claim, you could start saving money now and in the future.
You’re likely to pay higher rates if you’re under the age of 25. A spotless driving record, some added experience and a clean claims history should lower that premium rate once you’ve hit 25.
The Dreaded SR-22
If you’re driving record is such that an SR-22 is required, you’ll probably need about three years of ticket and claim free driving before the SR-22 requirement can be lifted. Start keeping the pedal off the medal today to lower your future rates.
Let our independent insurance agents at Don Allred Insurance in Burlington, NC shop your rates for you. Call us at 800-280-2230. We’ll use our connections for you.
When something goes wrong around the house, do you just factor the repair or replacement into your budget for the month? There are a variety of scenarios that people may be able to call upon their home insurance agent, but they don’t even realize that they can get full or partial reimbursement for whatever has gone wrong. Don Allred Insurance wants the people of Burlington, NC to know more about how it all works.
What’s Your Worst Fear?
Is your large dog constantly causing accidents as they walk around the house? Are you afraid of having the wrong person on your property who will sue you if they trip over a toy or a stray piece of furniture? Did you recently read about the effects that water damage can have on your home? Have people been breaking into the trunks of cars around your neighborhood? Whatever it is you’re afraid of, you can talk to a home insurance agent to find out more about a policy that may be able to help.
If You Don’t Know, Ask
The worst thing that can happen in Burlington, NC is that your policy doesn’t cover a situation, so it never hurts to ask. The more you know, the more confident you’ll be the next time something goes wrong. Not every particular situation can be covered in a policy. It would be too complicated to list everything that could happen under the sun! Instead of wondering, you can always call your insurance agent to discuss. They may be able to suggest altering your policy if needed for next time Don Allred Insurance is here to ensure you get the most of your policy, so if you’re looking for more coverage, now is the time to call us today.