Why Should You Get Home and Car Insurance From One Insurer?

Do you like two-for-one deals? Most of us do, whether we’re shopping for food, clothes or something else. Who doesn’t like saving money, right? Well, if you’re already insured for your home, car insurance could be from the same insurer. In today’s world of high competition and tight budgets, many of us are looking for more value in our purchases. One way to get it is by getting more than one type of insurance from the same insurer.

If you already have home insurance, then the first quote you should get for auto insurance is from your home insurance provider. A simple law of business is that it’s much tougher to get new customers, than to get repeat customers. What that means is that your current home insurance provider may have some bundles for home, car insurance, and other types. The bottom line is that you can save a small fortune with these packages. In general, getting multiple insurance policies from a single insurer can provide substantial savings.

Does this mean that you can always find the best deal through your home insurance company? In short, the answer is: no. While that’s where you should get your first quote, there’s no guarantee that it will be the lowest one.

Although there’s no written rule, you should get a bare minimum of three quotes before choosing a policy. What’s the reason? First, you’ll have more quotes to compare, which will help you to find a policy that’s a perfect fit for you. Also, you’ll be more likely to find a rock-bottom quote. So basically the rule “the more, the merrier” applies when searching for car insurance.

If you already have coverage for your home, car insurance could come from the same insurer. This will increase the likelihood of finding the best deal around, and decrease your chance of paying too much!

Is It Possible To Have Small Business And Homeowners Insurance Policies Together?

In today’s society, the need for insurance is never far from us. Even with so much unemployment, the current need for healthcare insurance has reached national proportions, and is under much debate because of government responses. But it does not stop there. The high unemployment rates have fostered a spirit of entrepreneurship that has not been seen in decades, and many of them are being run out of shoestring budgets and home basements. With this kind of monetary limitations, will the need for small business and homeowners insurance policies be the next topic up for national debate?

The Differences Between Small Business And Homeowners Insurance Plans

When you originally got your homeowners and renters insurance policy, you were seeking to insure the environs of your living space, as well as the contents of that space. Furniture, electronics, mementos, all of these are physical objects that have an intrinsic value to you and your family. This is the spirit behind homeowners and renters insurance policies, to replace what is destroyed as best can, for a monetary amount. A business and homeowners insurance plans could not be more different.

Small business insurance policies are nothing like other kinds of insurance policies. The nature of owning and running a business carries with it a different level of risk to an insurance company than owning a home or car, and there are quite a few variables involved that can easily raise or lower that risk on a daily basis. The fact that a small business is defined as one employing from one to under five hundred people does not help matters, as the one who is actually responsible for any risk is two: the owner, and his insurance company. This makes the nature of any created business and homeowners insurance policy hard to explain.

Small Businesses Today

With today’s economy the way that it is, it is estimated that those who have chosen to start a small business for self-employment do so out of their homes. Many may not have told their insurance companies this, and are taking a far greater risk than they realize by not doing so. While the monetary risks that a small business can incur, like personal injury lawsuits or product liability lawsuits, will not be covered under a homeowners policy, the insurance company needs to know so they can reassess the risk of further insuring the property.

One option that is open as far as insurance is concerned is to create your own version of a business and homeowners insurance policy by adding a small business liability insurance rider to your current homeowners insurance policy. This is essential if you will be running your business out of your home, as it separates legally what any claimants for liability against your business will have access to financially. With this rider attached to a small business and homeowners insurance policy, claimants cannot touch any assets not directly belonging to the business, like the owner’s home, for example.

Health, Life, Home, and Car Insurance for Government Employees: Benefits and Perks

Government employees get many benefits that are not open to the public. For those who work in a government job cheaper insurance is one of the perks. All inclusive policies for health, life, home and car insurance for government employees are available at cheaper rates. If you are a government employee there are many options for obtaining this group coverage. Consider the following options and ways to find cheap health, life, home, and car insurance for government employees.

Online Insurance Quotes

You can search online for cheap health, life, home, and car insurance for government employees. The search is easy. Simply go to an insurance comparison site and enter your zip code. This will allow you to narrow the search to companies that service your local area.

Next, enter your personal information and include your affiliation with the government to get a discount. The companies will either provide instant quotes you can compare or they will call you to discuss your options.

Getting the Best Deal

The key to getting the best deal is shopping around. Don’t settle for the first quote you find. Keep searching and comparing rates. Spend at least a few days vigorously searching for the best deals. Look up local agents online and give them a call if they don’t offer online quotes.

Once you have the list narrowed down you should call the company to ensure your discount is honored. You can also ask if you get a discount for paying in full up front.

Umbrella Coverage for Cheaper Rates

If you really want to save money you should include all of your coverage in one policy or with one company. Buying health, life, home and car insurance for government employees is much cheaper when your quotes are bundled. Many insurance companies will actually give you a discount for combining your policies. This means they get extra business and they have to end out less paperwork. They can send you one statement and save on the rest. Therefore, many companies pass on the savings to the customer.

Pay Up Front for a Discount

One way to get a great discount is to pay for the entire policy up front. If you pay annually or every six months you will get cheaper rates than if you pay monthly. While this can be expensive you can save a great deal of money over the years. Most companies even charge you a processing fee for charging your credit card each month. This fee is over five dollars with some companies. Over one year that is $60. When you add that to your savings you will be happy you paid up front.

As you can see there are several things to consider when purchasing life, health, home, and car insurance for government employees. Shop around to compare costs and then pay for your coverage up front for the steep discount. In addition, make sure you combine all of your coverage to get the best rate.

Home Owner and Car Insurance Quote

In the market for both a home owner insurance quote and a car insurance quote? Consider getting both quotes from the same insurance company.

You’ll most likely have the same agent. Getting the same insurance agent for your home owner insurance policy and your car insurance policy means you’ll only have to do direct business with one person. Plus, this person will know everything about both your home owner insurance policy and your car insurance policy. For example, if you have a question about your car insurance policy, or you call to make additions or subtractions to your home owner insurance policy, your insurance agent will be able to remind you that it’s also time to renew the other policy.

You’ll be familiar with the company. Being familiar with an insurance company, the way in which they do business, their policies, and their procedures is more beneficial than you realize. There are usually no surprises when you’re familiar with the insurance company. Some insurance companies even offer discounts to policyholders who have been with their company for a certain period of time.

You’ll save money. Most insurance companies offer discounts if you purchase more than one kind of insurance policy from their company. Who couldn’t stand to save a bit of money, especially when it comes to insurance costs?

If you’re looking for a car insurance quote and already have home owner insurance, check with your home owner insurance company about purchasing getting a car insurance policy quote from them, too. The same applies if you’re looking for a home owner insurance policy quote. If you already have both kinds of insurance policies from different companies? Ask each company for a home owner insurance quote and car insurance quote, and then choose the best deal. And remember – always ask about the discounts you can get for a home owner insurance quote and a car insurance quote from the same company!

Small Business And Health Insurance

As if it weren’t obvious by now, the smaller the business is, the greater challenges employers face in providing quality health insurance to their employees. Even though that isn’t exactly breaking news, the downtrodden economic environment and rising health insurance premiums have amplified the issue of small business and health insurance.

A recent Small Business Administration (SBA) report showed that merely a third of firms nationwide with fewer than ten employees had health insurance benefits offered to employees in 2009. For companies with 1,000 or more workers, that figure skyrocketed to 99 percent.

Some states’ businesses with fewer than ten workers were lower yet, with only 24 percent offering health insurance benefits. That figure jumped to 93 percent for companies that employed 100 to 499 individuals.

An advertising agency owner that employs 35 people maintains the recession has taken its toll, commenting on the marketing cutbacks the firm’s clients had to make to in order to survive. The owner has taken steps to deal with tighter budgets and large increases in their small business health insurance premiums to go in a different direction with the company’s insurance provider. Part of their unique solution was to increase the company’s deductible and open Health Saving Accounts (HSAs) for their employees, which are funded by the company.

Health Savings Accounts, which are available to people enrolled in high-deductible health plans, can be shifted from job to job and are not subject to federal income tax at the time of deposit. At the end of each year, unspent funds roll over to the next, which makes small business health insurance coverage more feasible.

A recent insurance industry report showed a nine percent increase in 2011 for family coverage premiums, with single-coverage costs also increasing eight percent – a significant upward trend from 2010, when increases for families were three percent and five percent for individuals.

The report’s data also showed that average annual premiums for families had more than doubled from 2001 to 2011 – from $7,601 to $15,073. Just what everyone needs in a down economy!

Small business health insurance coverage, while important, can be elusive for some. In my particular line of business, which is a convenience store with gas and car washes, the trend for independent owners has rarely been to extend insurance coverage to employees, mainly because it has always been too expensive. Most employees who work in c-stores, outside of owners, are generally students and part-time employees to begin with, so most are not concerned about the issues of health insurance.

Most business owners, however, should be covered by quality health care coverage, as their businesses depend on their guidance and leadership on an almost 24-hour per day basis, although most owners can’t let go of the business long enough to even take a sick day! Small business health insurance group coverage is an option, provided your state’s insurance laws permit a group of “one”, which some do.