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How to Prepare to Get an Insurance Quote, Part 2

When you are researching insurance costs and quotes it may seem as if the agent is asking for a lot of inconsequential information just to give you an insurance quote. Keep in mind, however, it’s for your benefit. The more the agent knows upfront, the more precise his or her premium estimate will be. A good, reputable agent is in the business of helping you choose the policy that best suits your needs. The following kinds of insurance require a certain amount of routine information, as listed below:

 

Car Insurance

  • Personal information which may include dates of birth, Social Security numbers and driver’s license numbers for anyone who is on the policy.
  • Driving history, which covers a list of past tickets or vehicle accidents incurred by anyone who is on the policy.
  • You may also be asked about your income and assets and this information factors into the amount of liability coverage you choose.

Homeowners Insurance

  • Renovations and repairs.
  • How old is the roof?
  • The condition of the plumbing, appliances like the water heater, general structure.
  • Current condition and amenities.

Life Insurance

  • Health history.
  • Do you have any chronic conditions?
  • List major surgeries or accidents in the past five to 10 years.
  • Current health.
  • Purpose of insurance: Paying off mortgage, replacing your income, paying for college.

Work with a knowledgeable and personable agent at the Eugene C. Yates Insurance Agency when you are shopping for insurance quotes in Lodi, CA, and the surrounding areas.

 

How to Prepare to Get an Insurance Quote, Part 1

 

When you ask for an insurance quote, you are asking for an estimate of what your rate might be with a potential insurance carrier. Quotes may change in the future, but at first they depend on the information you provide the carrier at the time of the quote. The more information you provide, the more accurate your insurance quote will be.

The quote process begins with your giving an agent your information, whether it’s for your car, home, health, rental unit, etc. Once the agent has your information, he or she will call you back with a quote, or several variations of quotes, depending on a variety of factors. The recommendation as to the number of quotes you should get is usually 3 to 5. That can take a lot of time, so limiting your information gathering to 3 quotes is enough to give you a good deal of useful information. Some agencies prefer online quotes, but you must be prepared to provide a great amount of detailed information in order to get an accurate quote.

You might think it’s obvious to pick your insurance based on price. But you also want to consider how thoughtful, thorough, and efficient your agent was at getting your quote and explaining everything to you. With offices in Sacramento, Roseville, and Lodi, CA, Eugene C. Yates Insurance Agency is the place to call for a free quote. Whether you want quotes on your car, home, health, life or more, you can depend on Eugene C. Yates for accurate, affordable insurance quotes in Lodi, CA, plus all of the surrounding areas.

 

 

10 Ways to Keep Your Home Safe

Home in Sacramento, CA

Unfortunately, it’s not enough these days to hide your money under the mattress or lock your front and back doors. It’s common sense to keep your car doors locked or put your car inside the garage. These days you need to make your home look occupied all the time, and that may mean leaving your locked car in the driveway. As society has become so technologically savvy, so have the following ways we can make our homes, our families, and our possessions safer.

  1. Install a Strong, Solid-Wood Front Door
  2. Use Timers to Make It Seem Like You’re Home
  3. Keep a Piece of Wood in a Sliding Door Track
  4. Use a “Beware of Dog” Sign
  5. Add a Security Sign to Your Yard
  6. Add Motion-Sensor Exterior Lights
  7. Don’t Announce Your Vacation on Facebook
  8. Don’t Let Your Mail or Garbage Build Up
  9. Put Your Valuables in a Safe Place
  10. Add Glass Break Sensors

It’s also a good idea for insurance purposes to take pictures of your possessions. Chances are you don’t have the receipts for everything that is valuable to you either monetarily or sentimentally. In addition to making a “valuables list,” take pictures of your electronics, jewelry, artwork, and any valuable furniture you may own. If those items have serial numbers, add those to your list, which will make it easier to identify anything that is retrieved in the future.

For more tips on the best ways to insure your home, car, or other possessions, contact the staff at EugeneCYates.com, a reputable insurance company serving California.  Get insurance quotes for Sacramento, CA, and the surrounding area from a company that’s been in the industry since 1946.

A Brief History of Insurance

While there were primitive methods of insuring goods centuries before, it was in 1752 that Benjamin Franklin helped to establish the practice of insurance, especially property insurance. (An earlier company formed in Charleston, South Carolina, went bankrupt in 1740 by a fire that destroyed over 300 buildings.) In those days fires were easily spread due to so many wood buildings. The risk of losing everything was great. Franklin founded the Philadelphia Contributionship for home insurance due to loss by fire. This is the nation’s oldest insurance company still active today. At the time, the population of Philadelphia was approximately 15,000 with less than 10 strictly volunteer fire departments. Benjamin Franklin stated at the time that the mutual principle of this first insurance company was “whereby every man might help another without any disservice to himself.”

 An ad was placed in the Pennsylvania Gazette for subscribers to come to a meeting during which directors were chosen to administer the insurance fund. Policies covered 7 years after a policyholder paid a deposit. Some of the deposit paid for administrative costs and whatever was left was returned to the policy owner after 7 years.

The insurance industry has grown exponentially in the last century. The companies of old were restricted to selling just one kind of insurance; however, in the 1950s multi-line policies began to be permitted. In California today, you can find a number of residential and commercial insurance policies from the Eugene C. Yates Insurance Agency. His staff offers personal and business insurance quotes for Lodi, CA, and all of the surrounding areas. Visit EugeneCYates.com for more information on the many services the company provides.

Why Your Small Business Needs Commercial Insurance

 

 

Murphy’s Law state that whatever can go wrong, will. That’s why you need commercial insurance to cover any liabilities your small business may face. When you have commercial insurance protecting you from severe financial loss due to damages or lawsuits, you can stay afloat when an uninsured business would have gone belly-up.

Benefits of Commercial Insurance –Commercial insurance is an absolute necessity for small businesses. Your policy will protect you from losses due to property damage, theft, employee injury, and liability.

The Three Types of Business Insurance – Commercial insurance for small businesses can be broken down into three categories:

  • Liability Insurance. Liability insurance protects you in the case of a lawsuit. The insurance will cover damages if your company causes damage to a third
  • Property Insurance. This type of insurance protects you against damages to your business, including fire damage and flood damage.
  • Workers’ Compensation Insurance. If an employee is injured on the job, worker’s comp insurance will cover the medical expenses.

 Consider Your Risks – The type of small business insurance you purchase will depend largely on the risks that you and your employees face on the ob. A higher premium is beneficial in cases where you employees operate a fleet of vehicles, frequently travel for work, or operate heavy machinery. When you need commercial insurance quotes in Lodi, CA and the surrounding areas, trust Eugene C. Yates. Call us today at 844-313-6100 today to discuss your commercial insurance options.

What to Look for When Purchasing Home Insurance

If your home is destroyed, or your possessions are stolen, can you afford to replace them? For most people, the answer to this question is no. This is why home insurance is so necessary. When shopping for homeowner’s insurance in Sacramento, you need to consider a few things. Not every policy is the same, so it’s important to check out the four key factors of homeowners insurance:

Premium – Your insurance premium is the amount per month that you pay for your coverage. Some policies will give you a yearly quote, while others break it down by month. It’s important to be sure that you can afford your policy.

Deductible – The deductible will tell you how much you have to pay out of pocket when you file a claim. If the damage to your home or the cost of stolen property exceeds your deductible, the insurance will pick up the rest of the cost. For example: If the deductible on your homeowner’s insurance is $3,000, you will need to pay that amount before the insurance coverage “kicks in.” Be sure the deductible on your policy is a reasonable amount – a lower deductible is best, but a low deductible could mean higher monthly payments.

The Specific Type of Coverage – The two types of homeowner’s insurance are market value and replacement value. Replacement value means that your policy will cover the cost to replace your current home. If you go with market value, your insurance will pay you the cost of your home’s worth on the open market.

Discounts – Depending on the policy, you may be eligible for discounts for things like installing a security system.

Exclusions – This one is the most important. Some policies do not cover things like floods and earthquakes. If you live in a natural-disaster prone area, it pays to know what policies you should buy o protect your home.

Eugene C Yates can help you find the homeowner’s policy that suits your needs and your budget. Call 844-313-6100 today!

Long-Term Care Insurance – EugeneCYates.com

Tips for Buying Long-Term Care Insurance

With the tremendous growth of the baby boomer population, long-term care insurance has expanded in popularity. You may want to consider long-term care insurance if you are adamant about maintaining your independence, which includes making your own decisions about where you want to live. Paying for a long-term care policy definitely lessens the stress of not knowing where to go in the event you need to make a quick decision.

The best time to buy long-term care insurance is when you are in your 50s. That’s because rates tend to increase 6-8 percent per year once you hit your 60s. Some additional tips to keep in mind when you are shopping around for long-term care insurance include:

  • You can design your own policy depending on whether or not you want to be in a nursing home, assisted living facility, or in your own home.
  • Be sure to ask about exactly what your long-term insurance covers. For example, are hospitalizations or hospice care covered?
  • Find out what the exact levels of reimbursement are per day and for covered charges.
  • Research the nursing homes and assisted living places in your location of choice and find out if they are covered under your long-term care policy.

Contact us to find out more about all the policies we carry. We serve the residents in the Sacramento area, including Lodi and Elk Grove. Check out our personal insurance in Lodi, CA, for example, and ask us for a free, no-obligation quote.

 

 

Welcome to Our Blog

Welcome to the Eugene C. Yates Insurance Agency blog. You can depend on our team to answer any of your insurance questions and provide you with the information you need. We are proud to have represented many satisfied customers with insurance policies in the Sacramento area since 1946.

In this blog we will discuss relevant news and information on a full range of insurance topics. We cull through the most common questions we get from our customers and turn them into blogs that benefit all of our readers. Our goal is to provide an informative blog site that offers insightful, comprehensive, and knowledge based on our more than six decades in the industry.

Our insurance company covers a wide variety of personal and business insurance policies. The personal policies we cover include affordable rates on all of the following:

  • Auto
  • Home
  • Life
  • Health
  • Renters
  • Rental Property
  • Flood
  • Motorcycle
  • Off-Road Vehicle
  • Watercraft

Some of the most common business insurance policies we cover are:

  • Commercial Vehicles
  • Group Benefits
  • General Liability
  • Commercial Property
  • Workers Compensation

From homeowners insurance in Sacramento to affordable car insurance in Lodi, we’ve got you covered. Contact us at 844-313-6100 or visit our website for a no-obligation rate comparison and find out more about the full range of insurance policies we offer.