Avoid These Common Mistakes When Getting Home Insurance

A home of your very own is an enormous investment. Protecting your investments should be top priority. Selecting the right insurance plan with the best protection is important. The insurance agents stand ready and are well trained to assist you with any questions concerning the protection you need.

Obtaining insurance that protects the home is very important. Below are a few common mistakes to avoid when availing a Home Insurance Plan.

Inventory
Keeping record of personal property is important when selecting a home insurance plan to protect your home. A detailed list of all the personal property you own is a must. It’s also a great idea to photograph items or have video to show the insurance company.

Coverage
Selecting an insurance plan that will cover the home’s replacement value is not enough coverage. It is very important to have enough to cover the marked value of the home. It may cost a little more for this type of coverage, but well worth it if necessary.

Form
The form of the coverage should not be determined by an insurance agency. The form of coverage should be determined by you and your specific needs. There are many forms of plans available but you should consider the following before making the final selection of coverage.

• Coverage against windstorm
• Coverage of all personal property
• Coverage against fire
• Coverage against flood
• All available coverage

Coverage against items that can be destroyed by nature, is a very common mistake made by homeowners when they choose to opt out of this type of coverage. You never know when it will be needed.

Deductible
Carrying a deductible on your plan that is higher will usually result in lower insurance premiums. Most people want to select a lower deductible but this usually hurts the finance portion for them.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Life Insurance, Auto Insurance and Health Insurance in Anaheim, CA. Google+

Importance of Cheap Term Life Insurance for Seniors

It’s always later than you think. There comes a point in life when you can’t ignore the fact that the person looking back at you from the mirror is getting older. Financial security when old is crucial.

The good news is that insurance companies are keen to win your business, so policies are more affordable than ever. Putting funds into a good, comprehensive plan is likely to be firmly within your grasp.

Life policies for senior citizens will most likely require you to have a medical, and if you are already well into retirement age, it’s unlikely that most insurers will look at you favorably. However, a small number will offer basic cover for an elder who is in otherwise robust health, so shopping around pays.

Your most important consideration is likely to be taking care of your family, and ensuring that they do not incur undue expense; not only through funeral costs, but if you require long-term care further down the line. Under these circumstances, a term insurance policy is most appropriate, paying for many of these costs upon maturity.

This also means that any property you own doesn’t have to be sold off to pay for your care, enabling you to leave any real estate to a surviving spouse, or to children, with no outstanding debts to cover.

If you’ve started a family later in life, it may be that you still have dependent children, or younger adults, whom you’d fret about leaving with nothing. Even if your family is all grown with children of their own, worrying about leaving them adequately provided for is uppermost in most people’s minds. Shopping around for the best and most appropriate life insurance policy will help alleviate these fears, and allow you to get on with enjoying the process of living.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Life Insurance, Auto Insurance and Health Insurance in Anaheim, CA. Google+

How to Handle Hit and Run Car Accidents and Make an Insurance Claim

With a staggeringly high proportion of almost 30% of drivers in the US having no insurance, there’s a good chance that you will at some point suffer an accident at their hands.

However, if you don’t have the right kind of insurance, you could find yourself out of pocket; make sure you are covered for collision, or uninsured motorist damage, and make sure your cover applies both to property, and to any injuries incurred.

Hit and Run Car Accident

Hopefully, any accident you might experience will be minor, and if it’s a simple case of a car hitting yours while parked and driving away, you may not even be present. If you do happen to see the other vehicle, get as much information as you can. For example:

  • Make, model and color of the car
  • License plate details (even part of the plate will be useful)
  • Description of the driver (if you happen to see them)

Whatever you do, do not get into a car chase with the other vehicle. You don’t know what may have caused them to get into a smash with your car in the first place; they may be high, drunk, or otherwise violent. Additionally, if you’re single-mindedly speeding after another vehicle, you stand a high chance of committing a traffic violation yourself.

Take pictures of any damage to your car if possible – on your phone will be fine – and call the police as soon as you can. If the accident took place in a parking lot, you may have to file a walk-in report as the police are unlikely to attend. You can, however, file your insurance claim before you go to the police, but make sure it’s within a few days.

Proper cover is key in limiting the headaches of vehicle damage , so don’t be under-insured.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Auto Insurance and Life Insurance in Anaheim, California. Google+

California Auto Insurance Decreasing: The Debate Over the Cause

Auto Insurance Anaheim Ca

When Proposition 103 was passed by California voters back in 1988, the promise of reduced insurance rates was widely welcomed. With insurers needing to seek prior permission from the California Department of Insurance (CDI) prior to putting rate changes into force, the increased role of the CDI in consumer insurance matters was perceived to be largely positive.

With the spend on motor insurance in California dropping in the period 1989 to 2010 when every other state saw an increase over the same period, it’s worth looking at whether this is the full picture. Over that 21 year period, there was a 43% increase in spend on motor insurance by Americans (source: National Association of Insurance Commissioners). However, it’s worth noting that the average motor insurance spend per year by Californians is almost $50 less on average than in other states.

As the only state to have a decline in car insurance spend, there’s considerable debate as to whether Proposition 103 is behind the fall, or whether increased road safety, technological developments in the motoring industry, and seat belt usage have encouraged lower premiums through a decrease in claims. The Association of California Insurance Companies has also stated that although the original intention of Proposition 103 might have been to make comprehensive insurance coverage more affordable for safe drivers, the hidden cost is in the increase in lawsuits.

The argument continues to rage on; whilst rigid oversight of the insurance industry in the state might help Californians enjoy considerably reduced motoring insurance premiums, the question has to be raised as to whether a healthy, competitive industry has been stifled instead, giving consumers less choice, and fewer offers.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Auto Insurance and Life Insurance in Anaheim, California. Google+

How to Avoid a Troublesome Insurance Agent

 

There’s a special level of intense annoyance reserved for cold-callers; you’ve just sat down to dinner after a long day, or you’re putting the children to bed. Even more frustrating, you might just have gone to bed after a long shift, when the phone rings, startling you from much-needed sleep. You don’t recognize the number, so of course, you pick up, only to hear the caller say that they couldn’t help noticing that your house/car/health/pet/life insurance is up for renewal, and can they possibly have five minutes of your time to discuss your needs.

Frustrating, isn’t it? Insurance is a necessary evil, but with so much information at our fingertips from sources like individual insurance agent and comparison and best-buy websites, it’s often a decision we’d rather make for ourselves rather than be pressured into it.

So what strategies can you employ to prevent calls?

  • Reduce unwanted calls by getting yourself put on the National “Do Not Call” Registry. You can either register online, or call their free phone number. Note that this won’t stop calls from companies that you have an existing business relationship with, so if you already have insurance with a company, you can still expect their call when you’re close to renewal.
  • Politely request that the organization stop calling you. If they persist, say that you will make a complaint. Be particularly wary if the firm are asking you to disclose bank details, offering “one-time only” discounts, and asking for an excessive amount of personal information.

Above all:

  • Be polite. It’s not the greatest job in the world cold-calling for leads, and is often commission-based with little or no basic pay. “No thank you” will do fine before you hang up.

And don’t forget, just occasionally, that pesky cold-call will be just the offer you’re looking for!

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Life Insurance, Auto Insurance and Health Insurance in Anaheim, CA. Google+

5 Rules to Help You Pay Your Insurance Premiums On Time

 

The uncertainty of life forces people to find an alternative of transferring the risks they face to another party who offers to compensate them in the event of occurrence of a stated risk. The price for this is premiums, which ought to be contributed periodically. The following five rules can ensure you never miss your premium payments.

1. Keep a diary.
You should have a record of all payments that should be done on specific dates. This may be done by setting up reminders on your email, phone or personal diary for the year to ensure any payments are done promptly. You may even set a reminder to run for an entire week when premiums are due. It is hard to miss all alarms or reminders.

2. Create a bank account for fixed payments.
It is very easy to spend money without noticing that you have some bills to pay on specific dates. To ensure you have money at the payment due date, set up a standing order from your active account to a savings account specially opened for that purpose. You can thus be sure that you never lack funds for paying premiums.

3. Be good to the agent.
Some insurance sales agents keep diaries of all the due dates of various premiums for their clients. They then send reminders to their clients whenever life insurance premiums are due.

4. Set a standing order.
If you cannot remember the exact date when you should honor your premiums, an ideal thing would be setting up a standing order in your credit card. Set this on your most funded account.

5. Delegate the task.
When you are too busy with various important tasks, you can hire a PA to assist you in dealing with various payments like paying life insurance premiums.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Auto Insurance and Life Insurance in Anaheim, California. Google+

Items to Crosscheck When Buying Car Insurance


In an effort to minimize the financial loses that car owners must incur when they are involved in an accident or they lose their car, a car insurance policy becomes very essential in dealing with the impact of such loses. The insurance is meant to restore the car owner to a financial situation they were in before occurrence of an insured risk. It is always important to remember a few points whenever buying any car insurance policies.

The Value of the Coverage
The sum insured is the monetary value of compensation you can get when from the insurance company upon occurrence of an insured risk. This is dependent on the value of the car. Once you have the valuation reports for your car, compare several offers from different insurance companies to determine which company has a good deal. You should always aim for the highest offer since there are times when the damage on your car or injuries sustained to a third party require compensation is quite high.

The coverage should also encompass several risks into one thing. Through this, there is high likelihood that the premiums you would be paying will be lower compared to when if you took separate covers for each risk. Some car insurance products may cover collision, personal injury, uninsured motorist, liability and comprehensive insurance with some products having such products in batches.

Your Background
The biggest determinant of the amount of premiums you pay is your driving record. If it is bad, be prepared to pay considerably high for the cover. If you do not have a recent ticket as proof of your good driving record, wait until you get one or visit your state’s DMV.

Insurance Company’s Track Record
You cannot trust a company that has too many unsettled complaints. Check the financial information of the insurer. You should also check the company’s record in terms of fairness and customer service. Read consumer satisfaction surveys to have a feel of what to expect. Ascertain figures on the rate at which they honor claims. You should also check your state’s minimum car insurance requirements.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Auto Insurance and Life Insurance in Anaheim, California. Google+

California Gets Ready for Health Care Reforms

Health & Life Insurance California

Under a new healthcare law, California is one of seventeen states to decide what kind of comprehensive health insurance to provide for its residents. This means everyone in the state of California will receive some kind of health insurance services. Lawmakers are trying to come up with a plan that covers all California residents. They have turned away from a ‘one size fits all’ and ‘free for all’ approach.

Most healthcare providers say this does not mean clinics will suddenly be overrun. Most clinics already handle most Californians who do not have insurance. In other words, doctors’ offices are already set up to handle anyone who needs health care insurance services. Under the new Affordable Care Act, clinics will receive subsidies for providing health care to uninsured, undocumented workers living in California. Health insurance providers are also prepared for this new legislation. They are already set up to provide policies to all those Californians who were previously uninsured. In this large scale overhaul, the largest since the creation of Medicare fifty years ago, the large uninsured population in California will be covered.

The state continues to prepare to choose a system that will cover all Californians for what they need. Legislators have until January 1st 2014 to choose health care coverage. With a state the size of California it will be a challenging task but one that is well worth the effort. The new Californian version of the Affordable Health Care Act is sure to bring health insurance to all Californians in all its diversity.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Life Insurance and Auto Insurance in Anaheim, CA. Google+

Influence of Cultural Diversity on US Insurance Market

With changing lifestyles and cultural influences, people tend to adapt and change. You will note that there has been a trend that people insure only against potential losses so large as to affect their standards of living rather than when there are actual substantial risks. Insurance agencies also tend to increase the forms of insurance sale points when the demand rises and increases the supply. You can make a difference and show the importance of purchasing insurance when theory suggests it should be, in relation to the risk against not purchasing it.

Insurance selling targets the traditional family structure that is rapidly changing with the influences of cultural diverse practices. There is a rise in single-mother families, divorcees, unmarried couples and same sex couples that has greatly influenced the buying patterns of life insurance. Many tend to focus on when they will not be earning an income in their old age rather than when their dependents can benefit from the buying of that protection offered through the life insurance policy.

The deciphering changing household profiles seen in increased foster and step family structures has also brought about a change in lifestyle and influences of insurance purchases. There is need to develop a view of the household structure that projects what the diverse and constantly changing homes and social movements are going to need in terms of insurance coverage and influences towards insurance buying.

Changing lifestyles has also seen an inclination to the need for automobiles, mobile phones and laptops which have seen an increase in buying patterns of policies to protect these essential commodities for the growing technological world.With changing lifestyles and cultural influences should come adaptation and change of the insurance programs and policies that satisfy each client’s personal need with emphasis on value for insurance purchase monies.

About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Life Insurance, Auto Insurance and Health Insurance in Anaheim, CA. Google+

Why Not Insure Your Pets Too?

Many people enjoy the company of pets thus would want to adopt one. There are however many issues that you have to keep in mind when making such decisions. For instance, you would want to know how much it would cost to keep the pet. The longer you live with anyone, the more emotionally attached you get. There are however looming possibilities that pets would suffer from various sicknesses that affect their ability to light up your life. Though you may say that you will only get a vaccinated pet, you cannot be sure that they would not get sick.

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About James Cruz

James Cruz is the Owner and Insurance Advisor of JCruz Insurance. James provides comprehensive advice on insurance policies and extensive coverage for each of his clients, specializing in Home Insurance, Auto Insurance and Life Insurance in Anaheim, California. Google+