Choice Insurance Services LLC

12/04/2022

02/09/2017

Online Businesses, Get Cyber Liability
For online businesses, you may also need liability coverage if you collect any payment or personal information. If you ever get hacked or if there’s a leak of that information, customers may be able to take action against you.

02/06/2017

When you’re buying a home, consider the cost of homeowners insurance
You may pay less for insurance if you buy a house close to a fire hydrant or in a community that has a professional rather than a volunteer fire department. It may also be cheaper if your home’s electrical, heating and plumbing systems are less than 10 years old. If you live in the East, consider a brick home because it's more wind resistant. If you live in an earthquake-prone area, look for a wooden frame house because it is more likely to withstand this type of disaster. Choosing wisely could cut your premiums by 5 to 15 percent.

Check the CLUE (Comprehensive Loss Underwriting Exchange) report of the home you are thinking of buying. These reports contain the insurance claim history of the property and can help you judge some of the problems the house may have.

Remember that flood insurance and earthquake damage are not covered by a standard homeowners policy. If you buy a house in a flood-prone area, you'll have to pay for a flood insurance policy that costs an average of $400 a year. The Federal Emergency Management Agency provides useful information on flood insurance on its Web site at www.fema.gov/nfip/. A separate earthquake policy is available from most insurance companies. The cost of the coverage will depend on the likelihood of earthquakes in your area. In California the California Earthquake Authority (www.earthquakeauthority.com) provides this coverage.

This page provides an overview of the National Flood Insurance Program and shares additional information and links for property owners, claims adjusters, insurance professionals, lenders, surveyors and elected officials.

02/06/2017

Auto Insurance Tip: Care About Your Credit
Not paying your bills on time could cost you big time if you're trying to get cheap car insurance. Recent studies have shown a correlation between credit history and a driver’s level of risk to insurance companies. So it’s no surprise that bad credit could mean up to 50% higher car insurance rates.

10/26/2011

Life Insurance Tips
1. Keep your investing and insurance strictly separate.
There are better places to invest - and without the high commissions of whole-life policies.
2. Buy enough term coverage to fill your needs... Life insurance is no place to skimp, especially with rates at historic lows.
3. Match the term of the policy to your needs.
You want the policy to last as long as it takes for your dependents to leave the nest - or for your retirement income to kick in.

10/09/2011

"Like success, failure is many things to many people. With Positive Mental Attitude, failure is a learning experience, a rung on the ladder, a plateau at which to get your thoughts in order and prepare to try again."
- W. Clement Stone

09/30/2011

I liked this. It's an insured's statement to his auto insurance claims dept.
"While proceeding through 'Monkey Jungle', the vehicle was enveloped by small fat brown grinning monkeys. Number three fat brown monkey (with buck teeth) proceeded to swing in an anticlockwise direction on the radio aerial. Repeated requests to desist were ignored. Approximately 2 minutes and 43 seconds later, small fat brown monkey disappeared in 'Monkey Jungle' clutching radio aerial."

08/20/2011

Insurance Tip : Make certain you purchase enough coverage to replace what is insured. "Replacement" coverage gives you the money to rebuild your home and replace its contents. An "Actual Cash Value" policy is cheaper but pays only what your property is worth at the time of loss your cost minus depreciation for age and wear.

08/17/2011

The more you seek security, the less of it you have. But the more you seek opportunity, the more likely it is that you will achieve the security you desire.

08/16/2011

"The secret of a good sermon is to have a good beginning and a good ending, then having the two as close together as possible."

- George Burns