Category: insurance

life insurance quotes

life insurance quotes

Are  you looking for inexpensive life insurance coverage ? There are 100s of insurance companies that are offering completive life insurance package and quotes very close to one another , Life insurance for women are now the top topic here is why.

5 Reasons Why It’s (Super) Smart for Women to Get Life Insurance—or More of It

One of the most harrowing experiences I’ve ever had was during the sixth month of my pregnancy. My husband was out late, hadn’t called, and I was, of course, angry at his thoughtlessness. But this very evening, he had misjudged a bend in a rural, mountain road—and plummeted off the side of it into a ravine, totaling his car.

It was some time before campers found him, unconscious and with a dislocated shoulder, but otherwise uninjured. I was overwhelmed suddenly—even though my husband was going to be fine—with the prospect of managing the future costs of raising a child without him. But there was a catch to this epiphany: I was the breadwinner of the family. If I was worried about losing him, what if he lost me? I talked to an insurance agent and secured policies for both myself and him.

My story could be anyone’s story. And women, in particular, tend to have less life insurance coverage than men. So here’s why it’s a good idea to take stock:

1. Women increasingly are the primary breadwinners and even sole providers for families. Whether you’re earning more than your spouse or you don’t have a spouse, your income is critical to providing the most basic of needs to your family, whether that family involves kids you’re raising, aging parents or a special-needs sibling you’re caring for. Life insurance ensures that whomever depends on your livelihood can continue to do so even after (heaven forbid) something happens to you.

2. Stay-at-home moms need protection, too. Don’t discount the value you provide as the manager of the household. Life insurance provides much needed funds when an overwhelmed spouse or other caregiver suddenly has to find help to care for the kids, manage a household or needs to take a significant amount of time off to stay with them. Watch the Virgen’s story if you have any doubt.

3. Women often pay less for insurance—or get more coverage for the same amount.Because women have a longer average life expectancy than men, that in turn brings the cost of life insurance down for women. Also keep in mind that the younger and healthier you are, the less it will cost you. For example, a healthy 30-year-old can get $250,000 of coverage in the form a 20-year level term life insurance policy for about $13 a month.

4. Mompreneurs and those who work part time need coverage too. Women often run home-bas

ed businesses or work part time while also raising children. They should also consider their need life insurance because, while they may not be the main breadwinner, their income supports the family and will be sorely missed if something were to happen.

5. Women’s situations can change. Just when you think you’ve gotten your life insurance needs all taken care of, you might experience more additions to your family, or close down a business, or go through a divorce, or a family member might need your active support in the future. Is your insurance up-to-date with your changing needs?

Remember, an insurance agent will sit down with you free of charge to go through your needs and help you find coverage that fits your budget, which is key! If you don’t have an agent, here are some tips on finding the right fit and then searching by ZIP code with the Agent Locator. Don’t wait for that crisis moment, the way we nearly did!

How to save on your home insurance ?

How to save on your home insurance ?

1. RAISE YOUR DEDUCTIBLE

A $500 deductable is commonplace for home insurance. But raising it to $1,000 can cut your premium by 8 to 10 percent, Ducich says. The higher deductible is always a bit of a gamble, since you’ll have to pay more money upfront in the event of a claim. But it pays off if you don’t have to file. According to ValuePenguin.com, the average yearly premium in 2016 is $952. If you save 10 percent of that by choosing a higher deductible, then over the course of five to six years you’ll make back the $500 you’d need to spend in the event of filing a claim.

“Homeowners should choose the maximum amount for a deductible that they feel they can afford to pay in the event of a loss,” Ducich says. “If you feel comfortable with $1,000, you’ll see a savings in your premium. If you can afford more than that, you’ll save even more.”

2. BUNDLE WITH YOUR AUTO INSURANCE

If you have car and home insurance, you really are better off doing them through the same company. Insurance companies can handle billing and processing more efficiently for one person with multiple policies than multiple people who each have one policy, which allows them to offer a savings for bundling your home and auto.

“Savings can vary a lot by company, but for those that offer both auto and home insurance, on average you may be able to save 15 percent,” Ducich says. “You also have the benefit of dealing with only one agent who knows you.”

3. GET A HOME SECURITY SYSTEM

Now that almost every home has a smoke detector and a deadbolt, those items typically won’t earn you much of a discount. But putting in a more sophisticated home security system, particularly one that automatically notifies the police or fire department in case of an emergency, can reap a discount ranging from 2 to 10 percent depending on the insurance company, Ducich says.

“Theft or fire protection systems that send an alert without you being involved can get you a discount, but maybe not as big as many people think,” he says. That’s because these devices help reduce loss costs for just two types of losses out of the many covered by a homeowners insurance policy.

4. STAY WITH YOUR COMPANY—AND ASK THEM WHAT THEY CAN DO FOR YOU

Some people say you should shop around for insurance every three years to make sure you’re getting the best rates. There’s no harm in comparing rates, but before you jump ship, ask your current agent to confirm you’re already receiving all the discounts you may be eligible for, including a repeat customer discount. Remember, they don’t want to lose you.

In addition, Dudich says, some companies offer extra benefits for customers after a certain number of years. For example, Farmers offers a policy that puts $50 per year into a declining deductible account. The balance in this account is used to reduce your deductible in the event of a claim. After five years you could accumulate $250 that would be used to reduce your deductible in the event of a claim.

5. DON’T FORGET TO NOTIFY YOUR AGENT OF HOME IMPROVEMENTS

Your policy includes monetary limits in the event of a claim on your property, and those limits are set based on the value of your home. So if you make an addition or improvement that raises the value of your property, like a deck or a new building, make sure to let your agent know. If the limit is a quarter-million dollars and you lose $300,000 of value in a fire, you’ll receive only the policy limit, leaving you unreimbursed for $50,000 worth of property.

“If your agent doesn’t know what you have, it can’t be written into your policy to provide you with the additional coverage you may need,” Ducich says. He advises that you tell your agent within 60 days of making an improvement that adds $5,000 or more to the value of your home.

6. FIX THAT ROOF

Yes, you could end up paying more for coverage if you complete home upgrades that add value to the property. But some of those upgrades can actually save you cash, Ducich says. Putting in a new roof, for example, could save as much as 10 percent on premiums in some locations.

“If you have a new roof, it’s less likely to get damaged by a wind storm or by hail and then need to be repaired or replaced,” he says, so the insurance company might cut you a break on your premium. The same goes for upgrades to the plumbing or electrical systems, because they reduce the risk of damage from an electrical fire or a broken pipe. Ask your insurance agent before you get to work, though.

7. KEEP A RECORD OF YOUR POSSESSIONS

This is easy to skip, but it can make a world of difference. It’s hard to memorize all of your possessions, and it’s even harder to recall everything you owned after a loss such as a fire. That’s why it’s a good idea to keep a record of all your valuables. “It makes sense to have a record of your possessions, either with a video or written down,” Ducich says. “It allows the claims process to be handled much more efficiently and ensures you are able to accurately identify the property you lost.”

Need Life , car and home insurance ?

Need Life , car and home insurance ?

Is Your Car Insurance Too High? Turo to the Rescue!

Being a car-owner in Canada has its pros and cons. You don’t have to rely on public transport to get around, but you also have the responsibility to keep up with your car insurance payments. And depending on a range of factors such as the type of car you drive, your driving record and even where you live, your car insurance premiums can be a bit higher than you would like. In comes Turo;It’s the latest company in the ride- sharing economy to hit the Canadian marketplace. Turo is a peer-to-peer car sharing company that arranges for private car owners to rent out their vehicle. It’s one of the most innovative ways to reduce your car insurance costs.

Turo Offsets Your Car Insurance Rates

Car owners who rent their vehicle through Turo can earn $500 a month, and that money can then go towards your monthly car insurance premium. Getting registered, or started with Turo is quite easy. Using your phone, you head to Turo.com to register. Follow the simple step by step process to register your vehicle, list availability and set your own rental price. There is no cost to register, however Turo takes 25% from every rental booked through their service. It’s a nominal cost when compared to what you earn over a period. Not only does this pay for your car insurance, you have some extra pocket change as well!

You Have Car Insurance Protection When Covered by Intact

Turo is very safe to use. And unlike many businesses in the sharing economy, Turo has the appropriate car insurance policy for those that are insured with Intact and have registered with Turo.com. Intact is the only market in Canada that provides those sharing their vehicles on Turo with the proper car insurance coverage.

While you use your vehicle for personal use, Intact’s car insurance protects your vehicle while it is being used by a Turo customer. Turo’s commercial policy is the most appropriate form of car insurance available when renting your car. This is a very efficient and effective way to manage your risk and we look forward to helping you arrange the proper coverage. Unlike the ride sharing program, this additional insurance protection is provided to you without any additional cost!

Car Users Are Properly Screened

For people who use vehicles on the Turo website, they too must register and provide some basic information. Everything possible is done to pre-qualify those who are going to use your Turo registered vehicle. Turo weeds out potential customers who may be problematic, but you have to be comfortable renting your car out to people you may not know.

Consider Switching Your Car Insurance to Intact

Switching to Intact is one of the best things you can do for yourself as a vehicle owner. The average car insurance policy typically does not cover situations of car-sharing and renting. If you wish to register with Turo, you should also consider looking at better options for car insurance. Your Navigators Insurance Broker can help you in this process.

Intact is the only insurance company to quickly adapt to the new ideas that take off in the ride-sharing marketplace. Their insurance policies give you the flexibility to use your vehicle in a profitable way without incurring complications or additional costs with your car insurance premiums.

Intact already offers great coverage for Uber drivers, but the difference with Turo is that you don’t have to be the one driving to make money. Turo allows you to earn even if you do not plan on being a driver for others.

Conclusion

Car insurance can be costly, but with Turo it doesn’t have to be. In addition to doing your homework and working closely with an Intact Broker to lower your premiums, you can also use your car to earn additional income to pay for those premiums. Turo’s rental system is safe, reliable and properly insured. If your car insurance provider is not Intact, then you now have an incentive to switch over, because Intact always keeps abreast with the latest innovations that take place in the ride-sharing economy. The only requirement is that you are a registered car owner and your vehicle is in good working condition. Turo is already operating across the US and is now working with Intact to allow Canadians to enjoy the benefits of ride-sharing- without incurring additional costs or risk. Car owners don’t have to shoulder the entire financial burden of owning a car, while renters have an alternative to public transportation and expensive taxis.