Pet Insurance

amigo mga pet insuranceIf you have a scaled or furry friend in your life, you may have briefly considered taking out an insurance policy to cover your pet’s potential injuries or procedures. Most people opt not to take out a health insurance policy for their pets, but you may not have considered just how valuable that insurance policy could be to saving you money, stress, and your pet’s life. If you’re even considering pet insurance, here’s some information to consider.

Firstly, talk with a trusted veterinarian. Usually, vets can give sound advice about which insurance agency will offer you the best deal to get you the most coverage for the most reasonable price. They are a non-partisan source for information, since they don’t make any money on insurance sales. The vast majority of vets will also take any insurance, so you won’t have to worry about in-network care providers the same way you have to with people insurance.

Vets are also well-versed in the different breeds of pets and the kind of care each kind of dog, cat, bird, or reptile will need. For example, pugs are highly prone to cardiovascular and pulmonary issues, so you may need extra coverage to keep your pug healthy at a reasonable cost. Consult your vet on what species or breed specific issues may need extra coverage for your pet.

Think about the cost versus benefit of the cost. On the one hand, you could be paying a decent amount of money as your monthly premium. However, consider how much the cost would be defrayed in the event of an emergency or accident. Amigo MGA has already written about high versus low deductibles for human health insurance and car insurance, and you may want to do the same calculations for your pet.

You’ll also want to do the preemptive work to keep insurance rates low. Make sure your pet stays healthy by grooming it regularly and taking it to the vet for regular check-ups or to consult if something seems “off.” Doing the leg work on the front end will keep costs low in the future, just like with human health insurance.
While still being cost-conscious, you don’t want to skimp out on protection for your family pet. In the event of an emergency or just regular health issues, you want peace of mind knowing that it won’t cost you an arm and a leg and that your pet will be happy and healthy again in no time.

5 Reasons To Consider A Job In The Insurance Industry

1. Great Vacation Time and Benefits: Most insurance professionals get 15 to 25 vacation days to enjoy away from the office! Just think of all the travelling you can do in 25 days! Insurance professionals also tend to receive great health, life, and dental insurance plans, along with discounts on their home and auto insurance.

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2. 401k and Pension Plans: Most insurance companies offer 401k plans, and many still offer pensions, which seem to be disappearing quickly outside of the financial industry. Having the safety of a 401k and pension plan allow you to focus completely on doing a great job today knowing that your financial future is taken care of.

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3. The Need for Up-and-Coming, Ambitious Leaders (Like YOU): Because of the aging workforce and many insurance professionals preparing for retirement, there is a great need for strong leaders—which, in turn, presents a tremendous opportunity for career advancement. Insurance is the place to be for young go-getters!

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4. A Recession Proof Industry: People will always need insurance. Even with recent years’ downturn in the economy, the demand for insurance professionals has only grown. As long as risks exist, they will need to be managed by the insurance industry, regardless of what the stock market or real estate markets are doing.

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5. Not a Flat Industry: There are numerous levels in an insurance company, which means if you work hard, there is ample room for growth and development in your career. For many entry level roles, it is easy to feel like you’re stuck at the bottom of the food chain with no forecast of moving up. However, the insurance industry provides an environment where growth is inevitable.

The insurance hierarchy often looks like this: You →  Supervisor →  Manager → Associate Director → Director → Assistant Vice President → Vice President → Senior Vice President → COO → CEO. This means there’s potentially 10 levels to get promoted to!

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There is no better feeling than helping others and when you work in the insurance industry, helping people is what it’s all about. In insurance, you have the opportunity to help people file their claims, repair their vehicles, get their medical bills taken care of, and rebuild their lives after major catastrophes. You are making a difference in people’s lives — and there are simply no words for how good that feels.

Questions to Ask Before Buying Auto-Insurance

If you’re thinking about purchasing auto insurance, which we highly recommend you do, there are many factors that determine the price and what you are getting. Here are 5 questions you should always ask yourself before you decide on auto insurance, that may actually help lower the insurance rate:

How much do you drive each week?

This plays an important role in deciphering whether or not you should be taking public transportation to work or wherever you go on a consistent basis. Taking public transportation often helps lower your car insurance.

Can you offer a higher deductible?

Often times, if a person can pay a higher deductible, he or she will pay a lower price each month, which can end up saving you a lot of money in the long-run.

Do you have a good credit score?

This one probably doesn’t come as a surprise to you – bad credit often means you will be charged at a higher rate. This is mostly because auto insurance companies predict that if someone has bad credit, they will probably file a claim after an accident.

How old is your car?

Older cars will generally have higher insurance costs due to safety reasons. If you drive a car that is over 15-20 years old, you might want to think about dropping collision coverage because the monthly premium will most likely be more than the replacement value.

Do you work for a professional group or organization?

Check to see if your company has insurance discounts to offer you – this can save you a lot of money. Most companies will have some sort of employee benefits that you might be able to use for auto insurance. Always double check.

 

Auto Insurance: Why You Need It

Each year there are over 6 million car accidents in the United States. Though you may think that you’re a great driver and haven’t even been involved in a small fender bender before, accidents happen. And you should be insured when they do. On average, according to the National Safety Council the property damage cost of a car accident is around $9,300. If you were to add the amount of money spend after accidents that cause major injuries, you’re looking at around $80,000 each crash.

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Simply put, auto insurance protects you. Accidents happen during the most unexpected times, and there is a large chance that throughout your life, you will be involved in one. Not having auto insurance puts you at risk for not only your bank account, but all of your other assets as well.

Car insurance will help you throughout the entire process of getting into an accident, specifically throughout unpleasant paperwork, finding repair shops, and getting claims settled. In the event that you get into an accident with a driver who is not insured, your auto insurance company can help you recover a multitude of expenses. Auto insurance is there to help you and acts as guidance, which you will be glad you have if an accident happens to you or your family.

In addition, car insurance policies protect you from other drivers who are at fault. Everyone knows the uncanny amount of distractions there are on the road. From cell phones, to crying babies, applying makeup, road rage, or even a beautiful sunset. A reliable auto insurance policy will protect you from those kinds of reckless drivers so that you can drive with a peace of mind. The road is full of surprises, that’s why auto insurance exists to aid with each unique driving scenario.

Another great reason for you to have auto insurance is because it can supplement your health insurance. According to Esurance.com:

“Even if you do not have health insurance, car insurance can help pay for things your medical coverage might night – possibly including care for accident-related injuries, dental work, funeral costs, or extended nursing care during your rehabilitation,” (5 Reasons Why You Need Car Insurance).

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Though it should not be advised to not have health insurance, if you do find yourself in that situation, it is comforting to know that many auto insurance policies will be more than helpful.

Last, you need auto insurance because it’s the law in a majority of states. You should research the specific state you reside in to find out more details on liability coverage and financial responsibility bonds in relation to the minimum amount of car insurance that is required.

In conclusion, you need auto insurance. You won’t want to run the risk of not being insured. Insurance is protection, and we all need to be protected by the unpredictable road.

The Importance of Personal Insurance

Amigo MGANavigating the world of insurance can be a tough one. No one likes the idea of losing their valuables to the unplanned curveballs life throws. How do you know what’s worth protecting when investing in personal insurance? Following this handy list can help inform your choices when understanding which insurance is most important, and what a program typically covers.

Simple, important and a necessity if you’d like to go anywhere with four wheels, automotive insurance is paramount. However, it’s not enough to understand your state’s minimum requirements and purchase a plan based around that. Be sure and consult the agent you’ve chosen to purchase insurance from when building a policy. More often than not, they are genuinely attempting to provide you with the best possible coverage for your money, and auto-insurance is one of the few that get utilized the most.

Renter’s or homeowner’s insurance is fantastic for safeguarding what matters most. Renter’s insurance can differ from state to state, and where you decide to rent. Even if your complex does not require the purchasing of renter’s insurance, protecting your possessions from break-in or incidental damage is always a good idea. Homeowner’s insurance is a must-buy for what will possibly be the largest investment of your life. When carrying a mortgage, homeowner’s insurance is a necessity, but keeping a policy intact for when your mortgage is paid off is the best way to protect yourself from fire or natural disaster. Beyond disasters, homeowner’s insurance can and will protect you should your possessions be stolen, or an accident occur on your property.

Lastly, umbrella insurance is an excellent catch-all should the worst happen. All types of insurance have their limits, and should you find yourself in a situation where those limits are met and exceeded, umbrella insurance is designed to cover the overflow. Able to cover you during overseas travel, umbrella insurance is an excellent safety net should your initial fail-safes give way.