FAQ

Homeowner insurance questions:

Question:

How much insurance do I need to rebuild my house?

Answer:

Every insurance carrier has a built in “Cost Estimator” tool that calculates the cost of rebuilding your home. The insurance agency can run one for you and should whenever the insured calls in about this.

Question:

How can I reduce my premiums on my homeowner’s but still keep the right amount of insurance?

Answer:

Get a “wind mitigation inspection”. This is an inspection that can result in hundreds of dollars off of your insurance premium depending on the outcome of the inspection. The cost is around $85.00. It is a one time fee and the savings will last as long as you own your home.

Auto insurance questions:

Question:

I will soon have a teenage driver, what can I do now to keep my insurance premiums down?

Answer:

Make sure your teenager maintains a “B” average, or better, in school and take a driving course if possible.

Question:

How much “Liability” insurance should I carry?

Answer:

The amount of “Liability” insurance (if you were at fault) should be along the lines of your net worth. In other words you carry liability to protect YOUR assets. The more you have, the higher your limits should be.

Life insurance questions:

Question:

What is life insurance for? I mean, shouldn’t it be called “Death” insurance?

Answer:

Life insurance is there to protect against your death, the cost involved in dying before your debt is paid off. It is also there to replace your income for the ones you leave behind, to make their lives a bit easier, thus the wording of “life” insurance.