Tag: premiums

Car Insurance Discounts For Senior Drivers

Posted on by butlervetinsurance

Senior drivers, you can save on your car insurance with these discounts!

Your parents might not have told you, but they paid a pretty penny for your car insurance when you were a teen. Because teen drivers are inexperienced, they’re riskier for insurers to cover. They pass that risk along to parents in the form of higher premiums.

It makes sense, then, that as you gain experience behind the wheel you would pay less for your coverage. We want to help you save as much as possible for all of your years on the road, so we’ve collected some of the best car insurance discounts for a senior driver.

  • Mature Driver: Ask your insurer at which age they shave a specific percentage off your premiums. Most providers have a certain age in mind, and once you hit it you automatically qualify for this discount.
  • Driving Course: If you take a safe driving course offered to senior drivers (the AARP offers them all over the country), you can shave down your premiums.
  • Low Mileage: If you’re not driving as much as you used to, you might be able to save. Some insurers will offer a significant discount if you drive fewer than a certain number of miles each month.
  • Membership: Are you a member of the AARP or another senior organization? If so, tell your insurance provider. Most of them offer certain discounts to people with these types of group memberships.

Want to save more on your California coverage? To talk to a car insurance agency that will work hard to dig out all of the discounts for which you apply, contact Stromsoe Insurance Agency. We know that every senior driver deserves to save big, and are here to help you do just that!

The Many Risks Of Being Uninsured

Posted on by butlervetinsurance

The True Cost Of Being Uninsured

If you are looking for ways to save money, you may be thinking of slashing your insurance coverage. You could pocket the money you are currently putting towards your premiums, right? Possibly, but that is only assuming you never get into a car accident, get sick, face a house fire, or find yourself in another expensive unexpected situation. While you know the cost of your insurance coverage, have you considered the cost of being uninsured? Here is a look at the many risks of being uninsured.

  • Financial: We alluded to it above, but by foregoing insurance you put yourself in the path of serious money troubles. Say, for example, that a major storm sweeps through your area and significantly damages your home. Without homeowners insurance, you have to figure out how to not just pay to rebuild your home, but also how to replace all of the personal property you had stored inside, including expensive electronics, art, and jewelry. Are you ready for that kind of expense?
  • Health: Without health insurance, you are not just breaking the law, you are also putting your health at risk. Without health coverage, you are not nearly as likely to go in for a standard check up, and will be missing out on potentially lifesaving preventative care.
  • Friends & Family: If you find yourself facing a financial burden you cannot bear, it could trickle over to your loved ones. Beyond putting your immediate family in dire financial straits, going uninsured can leave everyone close to you feeling stressed for you.

If you want to save money, contact Stromsoe Insurance Agency instead of dropping your coverage all together. As California insurance experts, we can help tailor your coverage to meet your exact needs – including your budget. For the best coverage at the best price, call us today!

 

How Are Commercial Policies Rated, Deductibles Selected, and Premiums Developed?

Posted on by butlervetinsurance

Insurance companies consider a variety of factors when rating a commercial insurance policy. The rating plays a big role in determining the premiums that a business owner will have to pay towards maintaining the required insurance coverage. Commercial policies, or business owner policies typically provide small business owners with general liability coverage and protection against property damage and business interruption. The amount that a business owner has to pay in monthly, quarterly or annual payments depends on several rating factors.

Factors that are often considered by insurance companies include the type of building your business occupies, its square footage, construction type, location and availability of safety features such as fire sprinklers and fire retardants. If your commercial policy includes general liability coverage, the insurance company might consider factors such as your monthly payroll or total revenues over a specific time frame. Premiums are then calculated based on your business rating exposure and the deductibles that you select. Typically, the higher your deductibles, the lower your monthly premium.

If you are a small business owner looking for help with a commercial insurance policy for your business, please contact the insurance specialists at Stromsoe Insurance Agency, located in Murrieta, CA. 

Why you Should Say ‘I Do’ to Wedding Insurance

Posted on by butlervetinsurance

When planning a wedding, couples strive to make sure that the happiest day of their lives is perfect. From choosing the perfect venue to the hottest band, no detail is neglected. In the pursuit of having the best possible day, brides and grooms seldom think about things that may spoil their wedding. Inclement weather, sickness or injury to someone in the bridal party and venue mishaps are just a few examples of things that can ruin a wedding. When situations like these occur, a couple may need to postpone or cancel the wedding. As a result, deposits and other money paid toward the cost of the wedding can be lost.

If this happens, couples can be faced with losing significant amounts of money. Although there is no way to guarantee the happy couple a perfect day, wedding insurance can ensure that they can recoup some, if not all, of the money they have laid out. Depending on the amount of insurance required, premiums for wedding policies generally range from $100 to $1,000, that’s a small price to pay for peace of mind.

Stromsoe Insurance Agency can help you find the right wedding insurance policy. Couples in Murrieta should contact us today for more information.