Insurance by Allied Brokers
Insurance by Allied Brokers is a full-service insurance brokerage. We provide insurance products throughout California and several other states.
Insurance Broker in California - Insurance Company. Health Insurance Plans in 2021 for You and Your Family. Have you already secured yourself and your family with a medical health insurance plan in case of any medical requirement crops up?
If you are still thinking, it is time to act now! An average household in the US spends nearly $5,000 per person on health care and without a health insurance plan, the medical bills may exhaust all the savings. To ensure the health and financial security of your family, getting health insurance is the right step because it is an important investment for the future. If you are seeking individual or family medical health insurance before reaching the age of 65, there are many excellent policies available. If all these options seem confusing to you, consult an insurance brokerage firm that will help you get the perfect policy for your needs.
As shown in the stats above, if you fall in the uninsured (8 percent) category, it is not a safe situation for you and your family. Types of Health Insurance You Can Buy 1. 2. 3. Things You Need to Know About Limited Pay Life Insurance. Besides term life, whole life, and universal life insurance, there is another one named limited pay life policy.
This plan has a limited assured payment period compared to a traditional whole life policy. Typically, there are various forms of life insurance programs available with different premium payment requirements for a limited period. Health Insurance Broker Near Me. Health Insurance Overview If you want to have financial security in the future, getting health insurance for your family is a great start.
We all invest in our cars and homes, and possibly even banks, financial markets and schooling, yet it can sometimes be easy to forget about investing in our own health. Disability Insurance Palo Alto - Insurance by Allied Brokers. Disability Insurance Your lifestyle: Something to think about.
When you're healthy and working, it's hard to imagine being disabled by illness or injury. But it can happen. In fact: - One in 3 working Americans will become disabled for 90 days or more before age 65. - The average disability absence is 2 and a half years. - More than 80% of working Americans don't have disability income insurance or aren't covered adequately.
Insurance Palo Alto, Life Insurance Palo Alto - Insurance by Allied Brokers. Insurance in Palo Alto: What Are the Settlement Options Available When Claiming Life Insurance Benefits? One of the common questions that life insurance policyholders ask is “How will I get my insurance money after maturity?”
Or “How do I settle my insurance claim amount?” Both questions are more or less the same. 7 Things You Should Know About Before Buying a Home Insurance. The decision to buy a home can be a daunting task, especially for first-time buyers.
Amid all the planning and research while choosing a home, potential home buyers tend to overlook another important aspect, which is getting comprehensive home insurance. Home insurance will protect you from potential financial losses due to an untoward event. There are various factors to consider before buying home insurance, and we have listed those factors in this write-up so that you can make an informed decision.
Here we go. 1. When buying insurance, look at four major areas: the construction of your home, your assets, liabilities to others, and your cost of living. Legal Requirements of having Auto Insurance in California. If you have recently moved to California or already been living there for some time, you may already know that the California law mandates having auto insurance coverage for car owners.
The question is, how do you know if this law applies to you? In this post, we will talk about all the crucial aspects of auto insurance in the state to ensure that your stay in beautiful California is enjoyable! Minimum Auto Insurance Coverage in California The California state law mandates that vehicle owners in the state are required to have minimum liability insurance coverage. It applies to even car owners with other state licenses or no license. The purpose of a liability insurance policy is to cover the cost of damage to property or personal injury if a driver is responsible for an auto accident. Coverage for property damage: $5,000; Coverage for injury or death to a single individual: $15,000; Coverage for injury or death to more than one individual: $30,000. Has Your Insurer Dropped You? The massive increase in the number and ferocity of wildfires in California has caused several insurance companies to notify policyholders living in what they term high-risk areas, that their home insurance policies will not be renewed.
The insurance payouts are not sustainable. This may seem like a cruel blow when the need for this coverage is increasing every year. The fact is that insurance is a business like any other and for an insurance company to make profits, it must trim the areas where it makes losses. If you happen to be one of those who has received such a notice, there is no need to panic. In California, insurance companies must give a notice of non-renewal 45 days before the existing policy expires. The Options. Health Insurance for Senior Citizens. • Medicare Advantage Plans: These are plans offered by Medicare-approved private insurers.
They include Medicare Medical Savings Account Plans (MSA), Special Needs Plans (SNP), Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO) andPrivate Fee-for-Service Plans (PFFS). If you are enrolled in any of these plans, they become your primary insurance in place of the basic Medicare. Most of these plans also include prescription medication coverage. It is important to note that these plans are county-specific so there may be cost and coverage variations depending on which part of California you are in. • Medicare Supplement Plans: These plans, which are offered by private insurers, pay for part or all of Medicare’s deductibles and co-payments.
What Auto Insurance Do You Need? Car Insurance is a complex subject with a variety of coverage options to choose from.
The more coverage you have and the larger the loss covered the higher will be the premium. So it is always a good idea to assess the risks and costs to find the type of insurance coverage that is right for you. To be sure that you are making the right choices and not leaving yourself dangerously uncovered, consult an insurance professional. To drive in California, liability coverage is mandatory. Wildfires Are Back. Wildfires – just when you thought they were over, rear up again. The second coming of the wildfire season this year has been worse than the first. Californians accept that the dangers of earthquakes and wildfires are the price they have to pay to live in the Golden State. Earthquakes are still a force of nature that have not been fully understood and when and where they happen is of course beyond human control.
Wildfires too are usually, though not always, acts of nature. The difference is that the frequency and intensity of these fires are steadily increasing. Rental Unit Owners Risk It All. For most people, their home is their biggest asset. It is cherished, protected and maintained to the best of their ability. Obviously, this costs money and when a way to monetize this asset appears so that apart if not all the upkeep costs can be defrayed, it is an opportunity that many homeowners jump at.
Even otherwise, the additional source of income is something homeowners don’t want to let go of. This is one of the reasons why Airbnb has seen such phenomenal growth over the last few years. A second or vacation home may be lying empty for a good part of the year. The Risk The people who will live in your home are strangers. The Protection (Or Lack of It) Tesla Launches Auto Insurance in California.
Tesla, along with its high-profile CEO, are frequently in the news. The coverage is both positive and negative, as is to be expected when the CEO is worth over $19 billion and the car seems to be where the future of the automobile industry lies. Recently Mr. Musk’s name was a hot topic in the insurance industry because of the launch of a Tesla insurance product. Don’t Let Your Kids Become Uber Delivery Drivers. It's becoming an increasingly common situation – parents with children who have been driving for a year or two, are good drivers and who have their own cars think that being an Uber driver is a good way for the kids to earn some money.
The hours are flexible so the driving can be done around school hours and other busy times. The money looks good too. The simple calculation done is to take the driver’s per mile income and reduce the gas cost. What is left is the profit that will make the children more independent and reduce the financial burden for the parents. Unfortunately, that is not the whole story. Is Renter’s Insurance a Must? There is no legal requirement in California for a tenant to have renter’s insurance. However, there are a number of reasons why it makes a great deal of sense to have this coverage. The property you live in may belong to someone else, but all the possessions in it are yours. In California, it is necessary for landlords and building owners to have insurance on the property they rent out. This insurance will cover damage or loss in relation to the structure, but not the tenant’s belongings inside it. Some property owners may require the renter to buy a renter’s insurance policy before issuing a lease, but many do not.
Who Needs Long-Term Care Insurance? The short answer to this question is everyone. As the years pass, the probability that you will need help in caring for yourself increases. No matter how fit and active you are right now, injury and sickness are conditions that you can never predict. Why Do You Need Supplemental Insurance? When you are young unless you have some kind of chronic illness or need specialized medical treatment or expensive medication on a regular basis, a basic medical cover would suffice.
Is Your Commercial Property Protected Against Natural Disasters? California has been reeling under the effects of global warming. Over the last few years, we have seen an increase in natural disasters like floods, earthquakes and forest fires. It has cost the state billions of dollars and people have lost their lives, homes, and livelihood. It has taken a toll on small businesses as well. Evaluating Insurance Policies. How much Life Insurance do you need? How much Homeowner’s Insurance do you need? The loss of a home can be devastating for the family and can seriously affect every member’s life and future. Is your Car Fully Insured?
Cars are expensive and subject to damage or loss because of factors beyond your control. Impact of 2018 Wildfires on Home Insurance Rates. The steady increase in the incidence of wildfires in California over the years has seriously impacted on home insurance rates in the state. In 2018, there were over no less than 8,000 wildfires across California. The total loss caused by these fires is estimated to be in excess of $18 billion. How much Life Insurance do you need? The only certainty in everybody’s life is death, which will occur eventually, and simply you have no control over it. However, one thing over which you can surely have some control is to make provisions for your family today, taking into account the reality of the future inevitable. How to File a Life Insurance Claim? What to do if your Life Insurance Policy has Lapsed. Insurance Agents and Brokers: What makes them Different? Do You Have The Personal Liability Insurance You Need? Health Insurance Options for Small Businesses(Part-1)
Homeowners’ Insurance in California: Legal Rights (Part-2) Homeowners’ Insurance in California: Legal Rights (Part-1) Reevaluate your Home Insurance for 2019. Health Insurance Options for Small Businesses(Part-1) What is Loss of Use Coverage? How much Auto Insurance do you need? Residents of Santa Clara and San Mateo, Beware of Health Insurance Issues! Insuring a Teenage Driver. Who says you’re too old to buy Life Insurance?
5 Insurance Pitfalls you must avoid. Seemingly Rich, Probably Poor! Buying Insurance: 5 Common Mistakes. A Home Insurance Renewal Checklist. Insuring your Second Car. California State: Second Most Vulnerable to Natural Disasters. How much Long-term Care Insurance do you need? Stay Protected this summer with an Umbrella Policy. Life Insurance Questions you need to consider. Preparing for a Life Insurance Medical Exam (Part-1) Training for a Faster Recovery from Surgery (Part-2) Travel and Holiday Safety Insurance: Why is it required? Fire Risks and Home Insurance in California. Insurance Basics for the Newly Married. Allied brokers.