Auto insurance rates vs coverage

Posted By Tom Sawyer In Auto Insurance , Insurance Coverages , Insurance Rates | 0 Comments | Permalink | print this article
Rate vs. proper coverage ...this is why we are not always the " lowest auto insurance rate" Biggest Auto Insurance misconception: People think when they carry comprehensive and collision AKA: " full coverage" , that they have everything they will need protection wise, in the event of any accident or issue. This could not be farther from the truth. Comprehensive and collision coverage is purely for the vehicle itself and damage that may occur to the vehicle. While it may feel good knowing your vehicle is covered in the event of damage, your real risk lies elsewhere. The liability coverage levels in your policy, are what truly defines your protection. State legal minimums can be as low as 25,000/ 50,000 . This amount clearly would not be enough coverage in the event of any serious accident or claim, yet this amount is "defined" as legal. For perspective, if you were to cause an accident and seriously hurt four people in the other vehicle, at state minimums the maximum amount your insurance policy would pay is 25,000...for the entire accident! Once the carrier had paid this amount, ( tendered limits) you would then be on your own to defend yourself. This exposes you to huge medical liabilities, wage garnishment and punitive damages that can easily force you into bankruptcy. Issues like the above , can be easily avoided if you have proper broker representation at the time of placing coverage. It is our professional duty, to offer proper coverage limits for your risk, NOT just the lowest rate. We will explain the coverage vs. cost value and why you need certain levels of coverage. Take the time to call us at Eagle Harbor Insurance or any other broker, explain your risk /assets, and get what you pay for insurance wise. Like any other purchase, insurance has value, do not cheat yourself out of proper coverage over a few dollars. Short term savings can equal long term disaster. Just todays thoughts :)

Bainbridge Island Health Insurance Experts

Posted By Tom Sawyer In Health Insurance | 0 Comments | Permalink | print this article
Question of the week! What is health insurance " special enrollment "? As we all know, the current health insurance marketplace is closed for open enrollment and you can no longer apply until the end of this year. What many folks don't know ..... their is exceptions to this rule and some people may still qualify to enroll ! Listed below are the most common exceptions. If you have : 1. Lost a job, left a job, employer went of business, employer stopped offering health coverage 2. Moved to a new location where your prior insurance is not accepted at the doctors who are now local to you 3. Have been divorced, widowed or separated 4. Have relocated from another state Their is many more obscure scenarios that apply as well. At Eagle Harbor Insurance we are here to listen and discuss your situation. I am sure we can help!

Independent Insurance Broker / Agent advantages on Bainbridge Island

Posted By Tom Sawyer In Auto Insurance | 0 Comments | Permalink | print this article
Sleep better knowing an Independent Insurance Broker/ Agent is on your side! An Independent Broker/ Agent: 1. Is a value hunter - our brokers look for the best combination of price, coverage, and service. The broker works for YOU, not the insurance carrier. They know the local Bainbridge Island demographic well. All of our brokers and agents are longtime residents of Bainbridge Island. 2. Offers one-stop shopping. With one call or visit, you have access to multiple lines of coverage for all your needs. Independent agents vary, but most offer a full range of auto, home, rental, business, life, health and flood products. 3. Is committed to customer satisfaction - their livelihood depends on it. Without our local Bainbridge community support, we would not exist. 4. Treats you as a person - not a number. We reference all of our clients by name, not a policy number. When you call, simply state who you are and we are off and running! 5. Becomes your consultant/advisor for the present and future - helping you to protect your valuable assets. This relates to not only tangible wealth , but also to family and as they grow. 6. Provides personalized claims service. No need to navigate a phone chain - Your independent agent can contact your insurance carrier directly to help smooth out the claims process. We have a 24hr a day, LOCAL line you can call to speak to one of us directly. 7. Listens. How better to help determine your needs? We want to get to know you and your family. 8. Has strong community ties. Look around you - PTA, Rotary, Chamber of Commerce, Soccer club, etc. Chances are your local insurance broker/ agent is right beside you building a stronger community!

Spring Insurance Review time

Posted By Tom Sawyer In Auto Insurance , Home Insurance , Insurance Coverages , Insurance Rates | 0 Comments | Permalink | print this article
Well, spring is almost here! This means many things for your personal insurance. For Bainbridge Islander's it means breaking out the boats, jet skis, rowing skulls, motorcycles, scooters and just about any other off road or water machine you can imagine. As your trusted insurance broker, I urge you to call us , take five minutes, and make sure your coverage is correct, up to date, and make sure we add any new off season purchases. Insurance on "toys" can easily be overlooked, yet the risk and ramifications are equal to the risk of driving your car. Please do not overlook the importance of this! We can do a full overview review of your insurance right on the phone , quick and efficiently. Like our motto states " we don't sell insurance, we help people buy it"

Homeowner insurance on Bainbridge Island

Posted By Tom Sawyer In Home Insurance | 0 Comments | Permalink | print this article
Bainbridge Island is a curious place for Homeowners insurance. Bainbridge is an island by definition ,which usually indicates limited access, limited fire departments, high protection class codes, and overall semi isolation. In our insurance brokerage, we have worked with our insurance carriers/ underwriters to better define the island risk . The end result ? Essentially we can get this rated much like any other midtown population base and eliminate the " island rating surcharge". What does this mean for you as a consumer? It means lower rates and broader coverage options! Great news! Hartford * Kemper * Guide One * Foremost* Red Shield * Chubb * Fireman's Fund Currently our top tier carriers