Prevent Financial Loss Through Orange County Homeowners Insurance

Having an Orange County homeowners insurance policy is a relief when something happens that damages the structure of your home. Sometimes damage can be severe enough to render the home unlivable. Yet, the money borrowed for the home must still be paid back to the mortgage lender. Otherwise, that institution would unfairly lose the unpaid balance of the mortgage. On the other hand paying the monthly mortgage on a home that is damaged so badly that you cannot live in it would mean paying a lot of money for nothing in return. No company or individual wants to unfairly lose hundreds of thousands of dollars, or be obligated to pay something for nothing. In a situation like this, you can breathe a sigh of relief when you remember that paying for repairs or replacement will only take a phone call to your Orange County homeowners insurance company. Most homeowners agree that homeowners insurance is a worthwhile expenditure. It prevents both the lender and the borrower from taking a financial loss.

Mortgage providers understand this, as well. This is why most mortgage lenders require borrowers to have a homeowners insurance policy before they will be willing to lend the money to buy the home. It gives the homeowner and the lending institution more assurance that the borrower will not default on a loan, resulting in legal actions. Click here to know more about Blackwell Insurance Agency.

What Is Exotic Car Insurance?

Owning an exotic car can be quite a thrill. But your insurance rates may not be. Exotic car insurance is typically more expensive than regular car insurance. There are a few reasons for this rate increase. First of all, an exotic car is much more expensive to repair because of the rare and expensive parts that the car may need. Secondly, an exotic car can reach high speeds, therefore this puts them at a higher risk of getting in an accident. Thirdly, an exotic car has a better chance of being stolen than any other car because of it’s expensive value and the type of car it is. Exotic cars are flashy and sporty and catch the eyes of would be car thieves.

These are the risks that make the premium insurance rate higher for an exotic car than any other car on the road. This is something to consider when purchasing a sports car or exotic car.

You may want to compare rates with different insurance companies so you can find one that you can afford and that gives you the best coverage. Make sure you talk to someone who knows about exotic car insurance. Many insurance companies have agents that specialize in exotic and sports car insurance coverage. Discuss all of your options with the agent so you can find the best coverage for your exotic vehicle.

To learn more about The Rubin Group visit their website.

Maximizing Your Insurance Sales Leads

In the tele-marketing and sales world, cold calls can be the hardest ones to handle. Randomly generated phone numbers don’t always help your company get prospective clients. Many people get irritated because someone is calling them about some product that they don’t want or need. In reality, the right list will always help you get more insurance sales leads.

Business lists are important when making sales calls. You want to call the right business for the right type of product. If you use a list it should be faster to find your target than to not use a list and dial randomly generated numbers. With a list you will be calling a target business or customer every single time.

Business lists save your time and money as well as increase insurance sales leads. You will be more likely to have more follow-up calls by using a business list. People die and are born every day; meaning that every day insurance companies probably lose at least one customer to death, but could potentially gain a new one because of birth. However, this isn’t a very fast and efficient way to gain new customers. Not only that, but your company will never increase.

Selling a product is not an individual activity. It takes a team to offer a product, then sell it and follow-up with any prospective clients.

Visit the Neilson Marketing website for more information.

There Are Many Types Of Disability Insurance In Pennsylvania

Disability Insurance Pennsylvania Disability Insurance in Pennsylvania is a form of protection for the income of the insured person. Benefits can begin in the event that a disability makes it impossible for the person to carry out the basic functions of their employment. It includes paid sick leave, and long-term, and short-term disability benefits. There are several types of disability insurances available, including employer supplied, individual, high limit, and key-person disability insurances.

Employer supplied policies are one of the most common types of disability coverage. This can include workers’ compensation coverage, as well as coverage for disabilities not resulting from a job-related injury or illness. Many employers offer disability coverage for their employees.

Individual insurance policies can cover those who work for companies that do not provide this type of insurance to their employees, or who are self-employed. Premiums can vary widely depending on the industry or location.

High-limit disability insurance in Pennsylvania options usually cover 65% of income, regardless of the income level. It is usually offered as a supplemental insurance added to the standard policy offered by an employer. It can provide from $2,000 to $100,000 a month.

Disability of a key person in a company can cause financial hardships for the business. With funds from insurance that covers these hardships, temporary employees may be hired, or new employees may be trained.

In addition to these types of disability insurance in Pennsylvania, there are many other options for disability coverage. Visit the Nottingham website for more information.

Protect Yourself With Car Insurance In Orange County

Car insurance in Orange County is a valuable investment. In addition to being required by law in California, auto insurance can protect you in the event of a car accident, whether it is caused by you or by another driver. The last thing a driver needs to have to worry about in a time of emergency or crisis, is, “How will I pay for all the medical bills and property damage?” With adequate coverage on an insurance policy, car insurance enables drivers to skip that worry. Instead they can immediately begin doing what they need to do to heal from injuries, get their car back to optimal working condition, and get back to normal life again.

Car insurance in Orange County comes in a variety of coverage options. Customers can choose different coverage levels for medical liability, property liability, and uninsured or underinsured driver coverage. This way, drivers can be sure to purchase coverage that will not leave them with additional expenses after the insurance has paid relevant expenses up to the limit of the policy. Getting a policy with higher coverage doesn’t have to be prohibitively expensive. There are insurance companies that offer quality coverage and excellent customer service at competitive prices. Compare quotes from a few different insurance companies to see which one will give you the highest coverage at the lowest cost. Visit the Blackwell Insurance Agency website for more information.

Single-Parent Captives are a Viable Alternative

Single-parent captives may frighten some clients, while others may be too eager for them. A qualified agent’s job is to help clients evaluate whether they ought to truly consider a single-parent captive as a viable alternative.

Single-Parent Captives: Advantages

Single-parent or “pure” captives can offer unique and fully customized solutions. Clients that find significant value from pure captive ownership are generally looking to:

Save portions of their operating cash over time to pay for unexpected or “shock” losses.

Smooth the cost of retained risk over time through actuarial loss reserving methods.

Provide an alternative to off-balance-sheet funding.

Pass through insurance costs to their customers, utilizing the captive to support reimbursable expenses related to total insurance costs.

Lower the retained loss limit of their individual business units by offering “deductible buy-down” coverage through the captive.

Smooth costs at the business unit level by charging a “guaranteed cost” premium via the captive, rather than charging business units for self-insured losses as they occur.

Address situations where there is either a regulatory or a contractual requirement to demonstrate funding of certain retained liabilities.

Operate their captive as a profit center, by participating in insurance products sold to their customers or other business affiliates.

Improve their overall net worth by consolidating captive assets on their balance sheet.

Potential accelerated tax deduction by turning the loss fund into a tax deduction

The captive owner is in full control of all operational aspects, such as: lines of coverage, limits, service providers, and captive domicile location

Any surplus in the captive can be used to address the client’s immediate needs, such as: increasing captive retentions, insuring new lines of coverage, or reducing future premium requirements.

Single-Parent Captives: Challenges

Participation in any type of captive is a long-term undertaking. While many of the following issues would be encountered in any captive (in some shape or form), no single-parent captive discussion would be complete without mention of the possible drawbacks:

A captive, like any other investment, requires an internal commitment in order to be successful:

Setting up a captive involves initial start-up capital and start-up expenses.

The captive’s business plan must be put together and then approved by the selected captive domicile.

A captive has certain minimum annual operating costs.

If the loss experience is greater than expected, the captive may require additional funding.

The captive must be regularly monitored and evaluated by upper management.

The tax complexities associated with captive ownership should be thoroughly discussed and evaluated.

As a sole captive owner, the client will be 100% “on the hook” for all losses. There is no risk sharing as exists in a group captive.

Although the client does not bear the burden of another participant’s poor loss experience, the client also does not have the benefit of sharing its own large losses with others.

Captive solutions are becoming an integral part of the way we do business in today’s changing market. A pure captive complements rather than replaces the client’s current insurance program, by providing a funding mechanism for existing self-insured or retained risks.

A Clean Shop is a Safe Shop

A place of business should be kept as clean and orderly as possible. This is especially true of an auto repair shop, where there are many underlying hazards and dangers to both customers and employees. For example, a stray extension cord or air hose lying across the floor can result in a trip and fall. Parts strewn here or there can cause a person to be injured as well. There are all types of heavy equipment, oily or greasy floors, and other concerns that could result in injuries if not careful.

What can an owner do to keep a clean and safe shop that will not only prevent losses but also help keep auto repair shop insurance premiums in line.

First impressions can make a difference

Starting at the front door of the shop, survey the interior and the exterior:

Are the windows clean?
Is the door handle clean and easy to operate?
Is the entry area clear of parts and pieces?
Are there any landscape areas that need attention?
How about the sidewalk? It should be free of stains and spills.

How about the restroom?

Would customers comment how clean it is or would they prefer to stop at the next gas station on their way home?
Are sanitary seat covers, soap and paper towels for drying available in the restroom?

Realizing how important this is to the perception of the customer is of the utmost importance. By taking care of these business-related needs up to this point, it is likely that everything else, including their car being given the best possible service, is being taken care of as well.

Safety first

Look around the actual shop and repair areas and make sure the following is in place:

The safety locks should work as designed
Parts should be kept neat and tidy
Oil tanks should be clean
The waste oil tank should be as clean as the fresh oil tank
Soiled rags should be kept in a separate self-closing container
There shouldn’t be any gasoline or other fuels stored inside

Look around the base of each above ground lift and the post of in-ground lifts; is there any evidence of oil leaking? It’s not uncommon to have a slow leak that gets cleaned up when other cleaning occurs. Know how long before the system is too low on oil to operate correctly, and ensure it is serviced. An independent company should be inspecting the lifts every year for proper operation.

These tips will not only help you keep your customers coming back, but they will also help in preventing injuries and losses – important steps in preventing claims and keeping your auto repair shop insurance costs in line.

Will Medical School Loans Eat All Your Disability Check?

Physicians disability insuranceYou knew those medical school loans were going to be a drain on your lifestyle when you took them out, but what happens if you become disabled and can’t work as a doctor after graduating or you become disabled before graduating?

If you’ve been a good planner, you already have purchased some form of physicians disability insurance, whether that’s medical student disability insurance or medical resident disability insurance or some other form of disability income coverage. If not, it isn’t too late to apply for disability income insurance. The payments the insurer makes if you become disabled can be applied to any bills you have, including student loans.

Why Not Just Get Them Forgiven?

You may have heard that the U.S. Department of Education has a directive to discharge student loans for borrowers who become permanently and totally disabled. That law is good in theory, but it doesn’t cover those with partial disabilities, and it is subject to some pretty vague eligibility standards.

The total permanent disability discharge process is complex and takes quite some time, according to the Federal Student Aid Ombudsman. Your loan holder and guaranty agency will be involved; then, the Department of Education will review your application. You and your physician may be contacted at each level of review, the ombudsman says. Qualifications include a disability that can be expected to result in death; one that has lasted for a continuous period of at least 60 months; or can be expected to last for a continuous period of not less than 60 months. There are additional eligibility options if you have served in the armed forces.

Under Social Security disability, there are specific and clear definitions and measures of qualifications. That doesn’t appear to be the case at Department of Education, according to a 2011 report from Pro Publica. You could spend many months arguing with the Department of Education and jumping through hoops to try to prove to them that you are disabled enough to have your loans forgiven. After going through all of that, you may still be denied, and—according to the Department of Education’s website—you cannot appeal that decision.

If you become disabled and receive disability benefits from any source, the Education Department can garnish those to pay for your student loans. If you haven’t gotten private disability insurance and are relying on a federal plan, such as Social Security, you could see a big chunk of your monthly assistance vanish through garnishment. You may be eligible for the Income Based Repayment program if you don’t qualify for a disability discharge, so ask your loan repayment officer about this option. It could allow you to retain much more of your disability insurance income.

Disability Insurance Options

Medical students have multiple options when it comes to protecting their income and lifestyle in the future. Schools offer medical student disability insurance, and many residency programs provide group disability insurance for residents. Both options have advantages and disadvantages. Once you have entered a practice—your own or another physician’s—you can opt for standard doctors disability insurance, which can be applied, should you become disabled, to any bills, including student loans.

While you are a student, Medical student disability insurance is an affordable option that offers future insurability and is very affordable—often under $100 per year. Some policies also offer a loan payoff benefit that will cover all or a large portion of your student loans. The offset is that the monthly payments to you are fairly low, typically under $2,000, and they end when your enrollment in school ends. Schools are mandated to offer medical student disability insurance, and it’s a good thing to accept. Keep in mind, though, that it doesn’t provide lifelong coverage.

Medical residents often are provided an option to participate in a group medical resident physician disability insurance plan. While that can be a fairly inexpensive option, it is important to remember that group policies are not controlled by the insured; they are controlled by the employer or organization that sponsors the plan. If you are looking for disability income insurance that puts you in control, and that lasts beyond your residency, you probably should turn to the individual market.

Buying on the individual market when you are young and healthy usually means receiving a competitively low premium and being able to choose your own limits of coverage. When you finish your residency, you will have options to convert the plan to a full physicians disability insurance policy, usually without any further medical exams. If you opt to use the group plan as a resident, there are still physician disability insurance policies available on the individual market that you can sign up for when you transition out of residency.

H.R. 4170 Probably Won’t Help

A bill introduced in Congress in March of 2012 seeking to cap interest on federal student loans at 3.4% probably won’t get much traction. The proposed Student Loan Forgiveness Act, which would forgive student loan debt up to $45,520, is stuck in committee. Even if it moves forward, many of its key components—including loan forgiveness after just five years for those who practice medicine in underserved areas—will probably be whittled down in light of budget concerns.

A doctors disability insurance policy is really the best option for providing a stream of income that can pay student loans and other bills if you become disabled. Structured properly, an individual plan won’t be undercut by other disability benefits as they become available. It will be based on your ability to earn income in your own discipline of medicine and will not require total, permanent debilitation.

If you become disabled, you may still opt to duke it out with the Department of Education, but you will still have to pay your loans while you wage your battle. Contact us to get a comparison of coverages and a quote and to begin a lifetime of excellent disability income protection.

Buy-Sell Agreements Protect Individual Interests in a Business

In a business run or shared by a partner or partners, the success of that business is predicated on how well the partners make decisions about the direction of the business, as well as the future of it. These decisions are an integral part of how well a business will do, and having a common desire and common goals will often determine the growth and stability required to keep the partnership healthy and intact.

One thing however, should not be overlooked, and that is having a plan in place should any of those partners become injured, ill, or in a worst-case scenario, dies. This shouldn’t spell the end of the business because of an unfortunate instance where an owner becomes too ill to work, disabled, or forced to retire for any number of reasons.

A buy-sell agreement, used often by people who understand the risks involved in a partnership, protects all of those concerned in the event of such circumstances. It is a vital tool that determines what happens in these types of situations, who will be the owner, or owners, when something unforeseen takes place, as well as how the individual values may change. By establishing a predetermined outcome when a business structure is changed unexpectedly, the owners have the peace of mind of knowing that they have properly prepared for the unexpected.

The agreement determines when and how the business will be sold, giving a source of funds for anyone in the partnership when he or she decides they wish to retire. In the event of a death, the buy-sell agreement will give the survivors the needed funds to handle any estate taxes that must be filed and paid.

The two types of plans most commonly used

While there are several ways to set-up and structure a buy-sell, the two most commonly and most often used are:


In an Entity Purchase Agreement, the business itself maintains an insurance policy on each owner, which allows the surviving partners to purchase the interests of any partner who becomes deceased.

The Cross Purchase Agreement allows each owner to carry a life and/or disability policy on each of the co-owners. The surviving owners have a legal obligation to purchase the ownership rights of any partner who dies. The deceased owner’s estate then sells that interest in exchange for the proceeds from the life insurance policy. This type of policy works best with a small number of owners as it becomes infinitely more difficult to administer with a larger number of parties involved.

The death benefits under both of these plans is exempt from federal income taxes, but under the Entity Purchase plan a corporation can be subject to the corporate alternative minimum tax in certain situations.

What To Look For In Plumbers Insurance

When looking for insurance, it is important to get one that is tailored to your specific needs. If you are looking for plumbers insurance in NJ keep these things in mind: specific coverage (no unnecessary coverage), good customer support, and quick claim turnaround.

As a plumber your job may vary quite a bit. You may do construction, residential or commercial repair. You may be self-employed or part of a bigger company. Whatever your circumstance, make sure you have the right coverage for your specific needs. No one wants to be paying a huge premium and deductible for unnecessary coverage.

It is also important to have good customer support at your plumbers insurance NJ company. It can be difficult when trying to understand a bill or why a claim hasn’t gone through yet. The customer support is the face of the company. You probably won’t ever get to talk to the owner of the insurance company, so make sure you have a friendly experience with their customer support before you sign any contracts.

And finally, you will probably want a quick claim turnaround. It can be frustrating to not see any bills for months, and not know what is going on with your claims. And when bills finally do come, it could be expensive to have to pay them all at once. If the company has a quick claim turn around, it is much easier to budget for expenses.

Click here to know more about Vreeland Insurance, Inc. They have your best interest at heart and are there to cover all of your individual plumbing needs. Give them a try!