10 Insurance Questions I’m Too Embarrassed to Ask

Posted By: Estela Montoya Pressing News,
Am I too young to get life insurance?

No, you’re never too young. Life insurance is meant to help your loved ones after you pass away. This provides those closest to you with funds to take care of final expenses, debts, estate taxes, etc. You can never be too young to take care of the people you love.


How do I decide what kind of life insurance is best for me?

There are two main types of life insurance, whole life and term life. Each of these options provide different benefits. Reach out to Patsy today to discuss these options and decide which would be best suited for you.


Health insurance: what does the deductible mean?

A deductible is the amount you are responsible for paying before certain treatments are covered. Each healthcare policy is different, be sure to read through your policy details to find out what co-pays and deductibles you are responsible for.


I’ve always had insurance through my parents, but now I’m an independent adult. Where do I start? 

This depends, what type of insurance are you looking for? If you are looking for healthcare coverage and are 26 or older – reach out to your HR department at work to see if they provide health benefits as part of your job benefits package or look to enroll through the Healthcare.gov marketplace. If you are looking for auto or renter’s coverage – reach out to Patsy or Melissa today to let them quote these coverages for you!


I just started my first business, what kind of insurance do I need?

There are basic coverage options such as business owners policy, umbrella, commercial auto, and workers compensation. Depending on the size and type of business you have can determine the type of coverage you need. Reach out to Patsy or Melissa today today to discuss what your new business does and what type of coverage would best suit you.


What insurance do I need in case I get in an accident with someone who doesn’t have insurance?

Uninsured motorist coverage can be included in your auto policy whether it be a commercial or personal auto policy. This coverage provides coverage in the event you are in an accident with an uninsured motorist.


I was in a car accident, what do I do?

First and foremost, get to safety! If your vehicle cannot be moved, get yourself to a safe spot on the side of the road and contact local authorities immediately (i.e. call 911!). Next, be sure to take pictures of both vehicles and at multiple angles of the damage. Be sure to exchange insurance and contact information with the other driver(s) and call in the claim using the information on your card.


Do red cars really have higher insurance?

I'm happy to report that this is just an urban legend! Red cars do not cost more to insure. Color is not even a question that is asked on most applications! The year, make, and model of your car will impact your rates, and that’s because some cars are more expensive than others. 


Can I have good and cheap car insurance?

You get what you pay for. Make sure you have the correct coverages you need to replace the car you drive if it were totaled. Will that be cheap? We can’t say for certain, but let us look at your policy and make sure you are covered CORRECTLY!


Do I really have to have commercial auto insurance for my work vehicle?

Yes, if the vehicle is registered in the business name.