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Choosing The Lowest Insurance Cost Likely Isn’t Your Best Plan

We’re flooded daily with insurance commercials claiming that shopping with them will get you the lowest insurance premiums of any company out there. Saving money on your insurance is important, but the lowest insurance premiums are usually accompanied by the lowest insurance coverage.

Determining what insurance coverages you need is something that only a qualified local insurance agent can help you decide. We care more about you being covered adequately than simply giving you the cheapest premiums.

Do you need the auto insurance coverages below? Discuss with us & we’ll help determine what makes the most sense for your personal needs.

Collision Coverage: protection for your car from damage whether at-fault or not. Premiums weigh heavily on the value of your vehicle.

Comprehensive Coverage: pays for damage to your vehicle from things such as contact with an animal, fire, theft or vandalism.

Medical Payments: Commonly known as MedPay or PIP, this covers medical bills as a direct results of an accident regardless of fault.

Uninsured Motorist: Coverage for being involved with an uninsured driver. Both physical damage (your car) and bodily injury are offered.

Underinsured Motorist: Coverage to help cover a gap from a motorist who has insurance, but not enough to cover the loss.

When deciding on what coverage options to have, take these situations into account:

Scenario 1: You purchase a low cost, low coverage liability policy with only $25,000 in Property Damage. You rear-end a new, two week old Toyota Camry totaling the vehicle. The Camry’s replacement cost is $35,000. You have to pay $10,000 out of pocket.

Scenario 2: You are t-boned by an uninsured motorist and have extensive medical bills in excess of $50,000. You do not have uninsured motorist coverage or personal health insurance and your auto medical payments only cover the first $10,000. You have to take the uninsured driver to court to pay your $40,000 in medical bills, in the meantime, you’re responsible for the $40,000 in bills.

Regardless of whether you’re shopping for a new home, auto, boat or motorcycle insurance policy if you want the lowest insurance premiums you should be aware that you’re usually lowering the amount of insurance coverage you have. Depending on your situation, this may not be a wise decision because it puts your financial future at risk by carrying low limits. As always, reach out to Heuer Insurance Agency for all your insurance needs!

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Heuer Insurance Spring Newsletter

So how happy are you to finally see some sunshine and warm weather?! It’s been a heck of a winter and who would have guessed we now have to worry about flooding. Nice to see our lakes and reservoirs full, but that’s a lot of water this early in the year. PLEASE show the Truckee River the respect it deserves and stay away until it stops raging…..and that might be well into the summer…so be careful if you are near moving water.

Do you have plans for some great BBQs? Read more

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Do I Need to Keep My Insurance During The Off-Season?

It’s now time to enjoy some amazing fall camping excursions, calm boating on the lake or a motorcycle road trip. Each year we’re asked by many of our customers about the possibility to cancel your insurance policies on your summer toys like motorcycles, RVs, boats and ATVs. While you may not be using these alternative vehicles during the fall and winter months, your vehicles may be damaged and insurance claim would need to be opened. If you cancelled your insurance policy, you may be forced to pay for repairs or replacements out-of-pocket. During the cooler months while your toys are parked events can occur that could get expensive without a valid insurance policy.

Types of claims that could occur during the off-season:

Comprehensive insurance claims: Even though your vehicles are secured, theft or vandalism can still occur at any time. Having to pay out-of-pocket to repaint, repair or replace your toy could put a serious strain on your finances. Catastrophic events like floods or fires can occur during the off-season. If your comprehensive insurance policy is not in effect, you may be responsible to pay to replace your toys without assistance from your insurance carrier.

Liability insurance claims: Accidents can happen at any time, even if your toy is secure. During a party at your home someone thinks it would be great to take a picture on your Harley. They hop on and fall over damaging both your bike and themselves. Even if you did not give them permission to do so, you may be legally responsible for their injuries. Without a liability insurance policy in effect, you may be responsible to pay for the injured party’s medical bills and recovery costs.

Additional claims scenarios:

  1. A blustery storm knocks over a tree and it falls on your parked camper. (Comprehensive claim)
  2. A hail storm damages your vehicle (Comprehensive claim)
  3. Your garage catches on fire and burns your motorcycle, boat, or ATV inside (Not home insurance, Comprehensive claim for the vehicle)
  4. Your RV or Boat is parked in an off-season boat/rv storage facility and is damaged when an unknown party backs their vehicle into it. They don’t leave their information.
  5. A thief vandalizes your vehicle looking for valuable items

These are just a few of the many claims that can occur in the off-season. Some carriers understand that these vehicles are not used year-round and the premiums reflect the high and the low season.

Keeping your motorcycle insurance, RV insurance, ATV insurance or boat insurance in effect during the off-season may not only save your from a costly out-of-pocket repairs or medical payments, keeping a year-round policy may also save you money on your policy premium. Ask your insurance agent today about the benefits of keeping a comprehensive and liability insurance policy on your toys all year!

Heuer Insurance Agency in Sparks has worked with a variety of clients in the Reno area over the years and we are confident in our ability to meet your personal or business insurance needs. We understand how important an insurance policy can be and we take time to match each of our clients with the perfect insurance policy. Whether you are looking for auto insurancerenters insurancehomeowners insurance, or life insurance we can help you. Not only can we provide you with each of these personal insurance policies, but we can also help you find a general liability policy, workers compensation policy or commercial building insurance policy. Give us a call at 775-358-5554 or visit us.

Safe Boating Tips For You And Your Family This Summer

boating safety

Are you planning on spending your summer on the water? Boating is a fun way to enjoy the summer weather and your local scenery. Keep your family safe with the following tips:

1. Always Wear Lifejackets

Make sure you and your family members wear a life jacket at all times—even if you are good swimmers. A life jacket drastically increases your odds of surviving a boating accident. Small children should wear life jackets any time they are near the water, and adults should always wear them on the boat.

2. Check The Weather Forecast

It only takes a few seconds to check the weather forecast. Make sure the conditions are safe for boating before you leave land.

3. Make A Float Plan

Decide when you’ll be boating, and approximately what time you’ll finish. Let someone on land know where you’re going and when you plan to get back. Leave them with information about your boat and all your passengers. This way if something goes wrong, they’ll know to call for help.

4. Protect And Inspect Your Boat

Inspect your boat before you take it out on the water and protect it during the off-season. Keep up on regular maintenance and invest in insurance to protect your boat and make repairs affordable.

5. Take A Boating Course

Take a course to learn the basics of boating. You’ll learn how to safely operate your boat, and what to do in an emergency.

6. Save Alcohol For Later

Alcohol impairs your judgment and your senses. Being out in the sun on a moving boat will exaggerate the effects of alcohol. Save the drinking for when you get back on land.

7. Stock Up For Emergencies

Keep maps, flares, extra drinking water, and a first aid kit on your boat so you’ll be prepared if there is an emergency or injury away from land.

Boating can be a fun and relaxing way to enjoy time with your family. Follow the tips above to keep everyone safe.