- Auto InsuranceMany factors are considered for insurance carriers when determining the cost of auto insurance premiums – One of which is filing a claim after an accident. The answer is not black and white, there is a decent amount of gray when it comes to cost changes following a claim because it varies widely based on state requirements and details surrounding that particular incident.
- Home InsuranceHow does umbrella coverage work? Umbrella coverage simply “extends” the underlying or primary liability limits you have in place for your auto or home insurance. The need for umbrella coverage is created because carriers limit the amount of primary liability you may purchase. So, let’s say your auto carrier will only allow up to $500,000 of liability, but you determine that you need more insurance protection than that, so you have to seek coverage in the umbrella market to reach your desired limit or amount. Most often, you can secure an umbrella policy through your auto carrier, but not always.
- Life InsuranceNo one likes to think about their own mortality, but if providing for the financial well-being of loved ones when you aren’t there anymore is important to you, it may be a good idea to start. Like paying taxes, death of course is an absolute certainty. According to the US Census Bureau, about 2.5 million people die every year in the United States. Heart disease, cancer, & chronic respiratory disease are the three leading causes according to the CDC. One common denominator in many deaths is the failure to prepare financial provisions for loved ones before the Grim Reaper shows up. Ed Hineman of the Hineman Group did some number crunching and determined that “out of the 6,850 people that die every day, 3,292 die without any life insurance at all. Another 1,445 die without adequate life insurance. So, 48% of people who die every day leave no life insurance benefits behind and another 21% don’t leave enough.”
- Business InsuranceDeerfield Advisors Insurance Agency Provides Auto, Home, Life, Health and Business Insurance to Houston, Katy, and Pearland.
- Liability InsuranceHave you ever heard the phrase “you don’t have to be a millionaire to be sued like one?” Well, it’s true. It happens every day in the court systems all across Texas. There are many nightmare scenarios that demonstrate the need for liability insurance protection; so many, in fact, that the most careful, most conservative person I know–yours truly–has an umbrella policy, and I highly recommend it for our clients as well.