Archives for February 2015

How To Save On Your Auto Insurance Before You Turn 30

Couple in carAuto Insurance Discounts for Young Drivers

It is a well-known fact that auto insurance premiums can be extremely high if you are under 30, since studies have shown that young adults tend to be involved in more accidents. However, if you are under 30 you do not necessarily have to be stuck with high auto insurance rates. Keep these simple tips in mind to help you save on your auto insurance policy before you turn 30.

  • Buy a clunker – when looking for a new car to buy, look for an older, reliable car with a nice sound system and the standard safety features. Even though it may not be the best looking car on the road, you may be able to skip out on collision insurance, which could help you save hundreds of dollars.
  • Change your annual mileage – how much you drive each year has a serious impact on what you pay for auto insurance. If you drive less than 15,000 miles a year, you may be able to save some money. Make sure that your annual mileage adds up with your lifestyle, not the number that your insurance carrier selects for you.
  • Report all the safety features of your car – make sure your insurance company knows about all the safety features that are included in your car, including daytime running lights, anti-lock brakes, and theft prevention systems. The safer your car is, the more money you can save.
  • Share a car – if you have a roommate, consider sharing a car with them. Splitting the cost of your auto insurance policy will make it much more affordable. Just make sure that you are both listed on the policy.

Contact the insurance professionals at the Alliance Group in Fairport, New York for all of your auto insurance coverage needs before and after you are in your 30s.

Benefits Of Working With An Indpendent Agent

Insured No Red MarkerIndependent Insurance Agent Benefits

Finding the right insurance policies can be a very stressful and confusing process. With all the policies available, it can be difficult to make sure that you choose the right one. Working with an independent insurance agent can help to make the process much smoother. There are many benefits of working with an independent insurance agent, including:

  • Extra choices – independent insurance companies do not work for one single company, they work with many different affiliates, which means that you will have more choices of policies to choose from. With the additional choices of policies, you can be sure that you invest in the right policy that will provide enough coverage for your needs.
  • Save money – with all the different choices you will be able to choose a policy that is in your price range. You will be able to look at policies that are in separate price brackets to see what coverage you will get if you move your budget a little higher or lower.
  • Unbiased advice – independent insurance agents are not tied to one single company, which means they will be able to tell you what policy will work best for your situation, even if it is not one that they offer. Since they work with many clients, they will have a much better idea of what type of policy will work for your needs.
  • Claims help – independent insurance agents stay with you long after you buy your policy. They will be there if you ever need help with a claim to ensure that the process goes smoothly.

For all of your insurance needs throughout Western New York and to ensure that you have the right amount of coverage, contact the independent insurance professionals at Alliance Group in Fairport, New York.

Benefits Of A Long Term Care Policy

life insurance policyLong Term Care Benefits

Many people overlook the need for long-term care insurance. With all the other insurance policies that you invest in, it is easy to believe that you will have the right amount of protection for your entire life. However, as you get older, having a long-term care insurance policy will provide many different benefits, including:

  • Keeping a savings account – the older you get, the more of a chance there is that you will need some type of assistance each day. Whether you move into a long-term care facility, or if you have a nurse who comes to your house, any type of care can easily deplete your savings. Having a long term care insurance policy will help to cover the costs of any help you need to ensure that you do have to empty your savings.
  • Avoid depending on your children – if you do not have the money to pay for private care, you will most likely have to depend on your children for help. While your children may be happy to help you later in life, it will take a significant amount of time away from their job and social lives. A long-term care insurance policy will help to ensure that your children do not have to be burdened.
  • Tax benefit – long-term care insurance policies allow you to take advantage of a tax break. Typically, you have the option to deduct the premiums that you pay for your long-term care policy from your income tax, which could possibly put you in a lower tax bracket.

Contact the insurance professionals at Alliance Group in Fairport, New York for all of your long term care insurance needs, and to ensure that you will be well taken care of and financially stable later in life.

Insuring Your Valentine’s Day Gift

Engagement_diamond_ringInsurance Protection for Valentine’s Day Gifts

Valentine’s Day is just a few days away, and if you are planning on giving your sweetheart something extra sparkly, it is important to make sure that your gift is properly protected. Investing in the right insurance policies is the best way to make sure that your jewelry is covered in case of any unfortunate situation.

While your existing homeowners or renter’s insurance policy will provide some coverage, it may not be enough for any valuable pieces of jewelry that you buy. The personal property coverage that is provided by renters and homeowner’s insurance policies has dollar limits on the amount of protection that they will provide. If you have any valuables, your existing policy will probably not provide enough protection.

There are two main steps that you can take to provide enough protection for all your valuables. The first choice is to increase the personal property coverage under your homeowner and renter’s insurance. Keep in mind that increasing your personal property coverage will not provide specific coverage for your valuables; it will only increase the coverage for all of your assets.

The second choice is to schedule your valuables within your renter’s or home insurance policy. When you schedule your items, it will provide coverage for a specific item. In most cases, your insurance provider will require that you show proof of the value of the item by either providing the receipt for the item or getting it appraised. As an additional benefit, scheduled items will have extra coverage that is not provided by other insurance policies, including coverage for mysterious disappearance.

For all of your homeowners and renter’s insurance policies and to ensure that your valuable and shiny Valentine’s Day gift has the protection that it deserves, contact the insurance professionals at Alliance Group in Fairport, New York.