Evans Insurance Services Inc. Blog
Starting a business can get costly. There are a number of expenses that you will need to get ready for. From utilities, rent, resources, and supplies, you can easily spend thousands of dollars for even the smallest business. The good news is there are some business ideas that are on the cheaper side. All it takes is a creative use of social media. Maybe a little know how of current trends as well. Round it off with a target audience, and you can have a small business on a small budget. Here are 4 low cost ideas.
People who purchase life insurance usually have the intention of ensuring the well-being of the beneficiary, especially after the death of the insured. However, many don’t think about the circumstances where the death benefit won’t be given, even if the policyholder has paid all the premium required. This article will discuss 7 circumstances where your insurer may cancel the pay out.
One of the most exciting parts of being a teenager is getting a driver’s license and starting to drive. As a parent you might have a lot of worries, one of these being car insurance. While statistically car insurance rates are higher for teenage drivers, the rates are not as high people often make them out to be. Follow some of these tips so that you can minimize your teen’s car insurance cost as much as possible.
There are a lot of discounts that your teen may qualify for depending on the insurance company. If your teen has good grades, he or she could qualify for a Good Student discount. In order to qualify, most insurance companies require at least a B average (3.0 GPA) or that the student be on the honor roll or the Dean’s List. Only persons under the age of 25 qualify for this discount. Another great discount that your teen could receive is a discount for completing a Teen Driver’s Training Course. Most insurance companies offer great discounts for young drivers participating in a Driver’s Ed which should include both behind the wheel and in the classroom training. In the eyes of the insurance company, insuring someone who has been taught how to drive by a professional means your young driver is a more desirable client because they are a better risk. Also this should give you better peace of mind knowing that you have done all you can to prepare your young driver for driving.
Choosing Your Car:
Choosing the right car for the right risk is not only important to you but also to your insurance company. Insurance companies are going to give the best breaks to young drivers when they are rated as part time drivers. So if you have three drivers and two cars if you want to pay the lowest price possible price don’t be in a hurry to buy a third car. Automatically your young driver will be rated as a part time driver.
Now if you’re going to buy that third car for your young driver you want to stay away from expensive cars or brand new cars especially if you’re concerned about paying a high rate. Full time driver rates on young drivers can get expensive so to lessen the blow buy a third car that you don’t have to insure for collision and comprehensive which is the same thing as self insuring the vehicle. Now you will still have coverage for the damage your young driver causes but that would be it. If money is not an issue, then by all means get them a brand new car just make sure you call me and let me handle your insurance.
Keep in mind we would love to be a part of the discussion so please consult with us either by email or phone. Remember we are an Independent agent and we will help you obtain a competitive rate when the time comes for your young driver to get his/her license. We promise to make this process easy for you and your family.
Ok it’s been a couple of days since enrollment opened for the affordable Care Act Exchanges. Here is a few questions you want to ask before signing up with a plan. Please make sure you know what you are buying, it may take a little research but please educate yourself.
Now you may be coming up with some of your own questions so write them down. The key to research is asking lots of questions. Keep in mind most likely things will continue to change as this new law moves forward and I can assure you the plans will too. It will be very important going forward that you commit to reviewing your insurance annually to see how your plan has changed and to make sure there isn’t a better one that fits your needs. Good luck and happy insurance hunting!