3 Ways To Reduce Your Auto Insurance Premium Costs

June 21st, 2012

Are you buying auto insurance? If yes, you need to learn smart ways you can cut your premiums. You can cut down your premiums by raising your deductibles, dropping collision insurance on older cars, demanding special discounts and consolidating all your insurance policies into one insurer. Read now to learn what you can do with these factors so your insurance not only fully covers you but also saves you money.

Here are three ways you can change your auto insurance to gain financial and coverage benefits:

Raise Your Deductibles.

The quickest and easiest way you can save money on your auto insurance is by increasing your collision and comprehensive deductibles at the same time. When you increase both deductibles, you have more than double coverage of what you would need for the average auto damage. You will no longer have to worry about putting in a claim because of the fear you would raise your rates.

Have a Big Excess Policy

Another great way to be cover is through an excess policy. Your excess policy will cover anything your liability coverage for your auto and home does not cover. Excess policy coverage is a necessity when you have any extra assets to protect.

The average excess policy is about $1 million dollars but $2 million is becoming more common. The more assets you have, the bigger your target should be to cover lawsuits. If you have teenager drivers, you should have a pretty wide umbrella.

You can save on your umbrella when you buy the policy through the same insurer of your auto policy.

Never Buy A Teenager His Or Her Very Own Car

When your son or daughter is a new driver, by all means, do not add a third car to your insurance. The average insurer will assume a teen without a personal car will drive less. Hence, your premium will be lowered. With a third car, (even if the car is not new) the average car annual premium goes up 58% when a teen is added. Instead, put your child on the oldest car you own to save on your premiums. Read How To Keep Teen Drivers Insurance Affordable.

For affordable car insurance, Kennedy Insurance Agency is here to serve your automobile insurance needs.

Read what we have to offer here.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

Source: http://www.forbes.com/forbes/2010/1206/investment-guide-auto-insurance-umbrella-policy-crash-course_2.html

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Three Ways To Lower Homeowners Insurance Premiums

June 15th, 2012

Having homeowners’ insurance is a necessity, not a luxury item. You can’t receive a loan or finance your home without proof that you have homeowners’ coverage. Read now to learn what steps you need to take to make sure your homeowners’ insurance is fully covering you.

As a new homeowner, it is normal to feel a little anxious about affording homeowners’ insurance but you need it. You will especially need to make sure you are fully covered if you live in high-risk areas where major waterways flow near you or earthquake fault lines surround your home area.

The following are three ways you can make sure you have the right homeowners’ insurance:

Have A Reliable Security System and Smoke Alarm System

You can lower your homeowners’ insurance annual premiums by 5% or more simply by having a burglar alarm system that has central monitoring. All you have to do is provide proof through a bill or contract to your insurance company to receive the discount.

You should also have smoke alarms properly installed. Smoke alarms are usually in most modern homes but if you have purchased an older home, you can save 10% or more on homeowners’ insurance by installing quality smoke alarms. Not only will you save on your annual premiums but also you will save lives, if a fire ever breaks out in your home.

Increase Your Deductible

The higher you raise your deductible, the lower your annual premium will be. However, you should note by selecting a high deductible, your smaller claims and problems will have to be absorbed by you that would normally cost only a couple of hundred dollars to fix. Some small claims are broken windows or damaged drywall.

Pay Off Your Mortgage

There is nothing like having your own home. Once you pay off your mortgage debts, your premiums will drop. This happens because insurance companies believe when homes are owned; homeowners take better care of their properties.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

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Motorcycle Insurance: 4 Safety Tips For Riding

June 7th, 2012

Are you considering purchasing a motorcycle? If yes, operating your motorcycle safely should be your top priority. Kennedy Insurance Agency is here to help you stay safe and keep your motorcycle in top condition. Read now to learn about motorcycle safety riding tips.

When operating any type of vehicle, you need to be knowledgeable about the traffic laws and use basic common sense to help reduce the amount of fatalities involved in motorcycle accidents and to keep your property in good condition.

Follow these motorcycle tips to keep yourself and other people safe when cruising on your motorcycle:

Safety Tip #1: Always Wear Protective Gear on Your Face.

You should always wear a helmet every time you operate your motorcycle to protect yourself from severe head injuries in case you are involved in a motorcycle accident. When you do not wear a helmet, you are five times more likely to have a critical head injury.

Safety Tip #2: Follow Traffic Rules At All Time

When you are on the road, always keep in mind and follow traffic rules. It could mean the difference between life and death. Obey the speed limit. Obey traffic lights. Always come to a complete stop at stop signs. Make sure you are always aware of local traffic laws and rules.

Safety Tip #3: Be A Defensive Driver

Never assume another driver can see you or another driver is aware of your next action. About 2/3rd of all motorcycle accidents are caused from drivers ignoring the right of way. To ride defensively always have your headlights on and stay out of a driver’s blind spot. When you need to turn, always signal in advance and watch for turning vehicles.

Safety Tip #4: Never Ride Drunk

Never drink and ride. When you decide not to ride sober, you put yourself and others in harms way. You should also not ride fatigue or drowsy because you can impair your ability to react. Be sure you are well rested before hitting the road on your motorcycle.

Last but not least, make sure you have good motorcycle insurance. Motorcycle insurance typically offers a combination of collision, liability, theft, and related coverage designed specifically to meet the needs of motorcycle owners.

Some of the items that may affect premiums:

-Your driving record

-Where you keep your cycle (in the open or in garage)

-Your credit record

-How many years you have been driving a motorcycle

-Your age

-Previous Cycle Coverage

-Anti-theft devices

You can request a quote from Kennedy Insurance Agency by clicking here.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

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The Value Of Boat And Watercraft Insurance

June 1st, 2012

Are you a new boat owner? If yes, one thing you will definitely need is boat and water craft insurance.

There is nothing more pleasurable than bounding the main and enjoying fun in the sun with friends and family. You can even go out alone in your boat for a peaceful day of fishing.

The last thing you want to do is damage or destroy your boat and not have the coverage you deserve.

Kennedy Insurance Agency will offer you free boat insurance quotes. Request a quote by clicking here.

According to information from the U.S. Coast Guard, property damage to boats has been increasing. Many states now require boats to be insured. If you have your boat on a loan or use a marina, you will probably also be required to insure your boat. If you are not required to insure your boat, it is important you still consider purchasing boat insurance.

Boat insurance works similar to the insurance for your car, and can protect in the same way. But, since boats have different features than your car, you will want to make sure you have all the coverage’s you need and any savings that may lower your premium.

Getting the right boat coverage doesn’t have to be difficult. Before your boat hits the open water, make sure your boat is fully protected. We can help you protect yourself against accidents, vandalism, and insure you against liability. See what options we can offer for Boat and Watercraft Insurance by clicking here.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

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How To Keep Teen Drivers Insurance Affordable

May 24th, 2012

It’s summer. If your teen just learned to drive and you gave him or her a new set of keys, it’s time to make sure your teen follows driver safety tips and knows why car insurance is important. Read now to learn what you should discuss with your teen about drivers safety and auto insurance.

It is well known that teen drivers have the highest death rate of any age group. Over 5,000 teens age 16 to 30 die every year from a car accident.

Yes, your teen getting his or her drivers license is a rite of passage to adulthood but you will need affordable car insurance for your teen.

One way you can get affordable car insurance for your teen is to choose a safe vehicle.  The following are great tips to ensure your new driver stays safe while having the car insurance he or she needs:

– Don’t Give Your Teen A Car That Promotes Reckless Driving. Your teen does not need a convertible or sports car. As a beginner driver, your teen lacks the experience and maturity to opt out of dangerous activities, including speeding and reckless driving behaviors.

– Make Sure Your Teen Has A Reliable Vehicle. SUVs and pickup trucks are not as stable as cars because they have higher centers of gravity and more likely to rollover. Give your teen a car low to the ground.

– Let Your Teen Ride A Vehicle Offering Good Crash Protection. You can get vehicle crash test ratings from a knowledgeable car insurance agent.

– Choose A Car Made For Beginner Drivers. The best vehicles for teen drivers are ones that are mid-to-full size cars. These cars are the most adequate for crash protection.

Remember to tell your teen that driving is a privilege. Require your teen to keep a clean driving record, earn good grades in school, wear a seat belt and be involved in the community.

By being a safe driver your teen can earn insurance discounts, stay safe, and keep the car insurance affordable.

For affordable car insurance, Kennedy Insurance Agency is here to serve your automobile insurance needs.

Read what we have to offer here.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

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3 Tips To Help You Shop Smart For Homeowners Insurance

May 18th, 2012

No matter if you are buying a home for the first time or the 20th time, you must purchase homeowners insurance for your home. Read now to learn three tips to shop smart for homeowners insurance.

Homeowners insurance premiums are determined by many factors. Most of these factors are under your control. If you make smart decisions, you can get the coverage you need while saving hundreds of dollars on homeowners insurance annually.

Follow these three tips to protect your home and your wallet:

Get The Facts On Your Home

Learn everything you can possibly learn about your home to determine your potential insurance costs. Find out the age of your electrical and plumbing systems. Learn what construction materials were used on your home. All these factors can affect your premiums.

For example, if your home has a less flammable roofing material, you can get a break on your insurance price. If you do not live in an earthquake prevalent location you could also save on homeowners insurance.

Know The Difference Between Enough And Too Much Coverage

About 60% of homeowners in the United States are underinsured because they do not insure their home up to its replacement value, which is what it would cost you to rebuild your home.

You should always be prepared for the worst so you can save thousands of dollars in the long run.

Have Liability Coverage On Your Home

Yes, the standard homeowners insurance allows you to repair or replace your property but what happens if a visitor falls down the stairs in your home and the person is seriously injured? The last thing you want to be responsible for is paying thousands of dollars in medical bills.

Your homeowners insurance can help you be covered for any potential safety hazards on your property such as a swimming pool.

To find out exactly what you need for your homeowners insurance needs, let Kennedy Insurance serve you.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

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How To Find Affordable Motorcycle Insurance

May 10th, 2012

Are you in search of the best motorcycle insurance in town? If yes, you will need to follow crucial tips for finding the right motorcycle insurance. Read now to learn what you need to do to protect your investment today.

Motorcycle insurance rates are based on a number of factors; some major factors are the cost of the bike, the size of its engine and the amount of coverage. When choosing the right motorcycle insurance, you have to decide between three types of motorcycle insurance policies- Liability insurance, Economy coverage and Complete Package.

Liability Insurance is valuable when you are responsible for an accident. It covers your injuries and any damage to your bike. It also covers physical injury another driver may suffer from during the accident and repairs that drivers vehicle.

Economy Coverage is an insurance that covers liability and the theft of your motorcycle. You are allowed to tailor this coverage to include extras such as a guest passenger liability and uninsured motorist coverage, in case someone hits without vehicle insurance.

Complete Package if you need all of the above coverage, this insurance policy will cover all bases. It includes liability, comprehensive theft and collision insurance.

Below are some other tips on insuring your motorcycle:

-Make sure you ask a specialist about insuring cycles and check with your dealer about policy recommendations.

-Get quotes from multiple insurers to find the best deal in town. Insurance rates can vary by as much as 50%.

– Combine your home, automobile, boat insurance with your motorcycle insurance to receive a bulk discount for insuring multiple items.

-Join a motorcycle club to receive discounts that only members of established motorcycle clubs can obtain. Some motorcycle clubs you can join are American Motorcyclist Association, BMW Motorcycle Owners of America and Harley Owners Group.

-Also remember you can receive additional discounts for being over the age of 55, having a clean driving record, owning your own home and storing your bike in a safe place such as a garage.

For affordable motorcycle insurance, request a quote from Kennedy Insurance Maryland here.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

Source: 8 Tips For Finding Motorcycle Insurance

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What New Renters Need To Know About Renters’ Insurance

May 2nd, 2012

If you are renting a new place, you may need renters’ insurance. Read to learn what you need to know about renters’ insurance to determine whether renters’ insurance is best for you.

When you are a renter, you have a choice to purchase renters’ insurance. As a renter, you have many of the same risks homeowners have when protecting possessions and being liable for accidents at your living space.

Here are some common misperceptions about renters insurance:

– Renters’ Insurance Is Too Expensive. The average renters’ insurance is one of the most affordable insurance policies out there. Renters insurance cost between $15 – $30 a month. You will pay far more than that replacing all of your possessions or being liable for an accident on the premises of the property you rent.

– Renters’ Insurance Isn’t Worth It Because I Don’t Have Many Valuables. When you have renters insurance, it can cover your electronics, clothing and household appliances. Just because you don’t have many valuables does not mean minimal items will not add up to thousands of dollars worth of merchandise.

– The Landlord Has Insurance. I Am Already Protected. Your landlord has insurance for structural damage to the building and may even be protected against damage caused by you the tenant. This does not mean that your personal property is included in this coverage or protects you from being liable for damage such as a kitchen fire or a plumbing mishap.

You can decide if renters’ insurance is best for you by asking yourself and an insurance agent about the property you want to protect and the property hazards you want to have covered.

Here are some important questions to ask:

– How should you determine the value of your items?

– What optional coverage might be available?

– Does your insurance plan affect your roommate(s)?

–   How much liability coverage can be included in a renters’ insurance plan?

–  What hazards are included in the place and do you need a separate policy for specific circumstances?

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

Source: What You Need To Know About Renter’s Insurance

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Homeowners Insurance Tips For First Time Homeowners

April 27th, 2012

Are you a first time homeowner searching for affordable homeowners insurance? If yes, Kennedy Insurance is here to help you purchase affordable homeowner insurance as soon as your offer is accepted. Read to learn information on homeowner insurance options designed to save you time and money.

For starters, you need to determine your insurability so that your insurance agent can provide you the best rate for your policy. To help determine insurability ask yourself the following questions:

–         When was the home created?

–         What is the of the plumbing and electrical systems in the home?

–         What type of roofing does the home have?

–         What is the exact square footage of the home?

–         Where is the home located and how many claims have been filed on it over the past five years?

Next, learn how deductibles can save you money. Often higher deductibles on your policy can save you money in the long-term. Your insurance agent may be able to give you discounts at a $500 deductible and increase the discounts as the deductibles increase.

After you figure out the best deductible options, estimate how much insurance you truly will need on your home. This number will be based on cost replacement estimates.  Then you will be able to review policy options. You can tailor your home insurance policy to your needs as a homeowner rather than accept a standard insurance policy. You may even want liability coverage on your policy to insure yourself against claims from bodily injury or property damage to others.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.

Check us out on Facebook and Twitter as well!

Source: Homeowner Insurance – Tips to Buying Homeowner Insurance

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Homeowners Insurance: How To Protect Your Home With Spring Maintenance

April 19th, 2012

Are you becoming a new homeowner this Spring? If yes, you will need homeowners insurance to protect your investment. You also need to properly maintenance your home to help reduce the risk of loss as a homeowner.  Read this article to learn some spring seasonal tips on how to protect your home when you are there and when you are not there.

Spring Homeowner Maintenance

If you are purchasing and moving into your home during the spring, there are specific things you will need to act on to make sure your home is being properly maintenance.

One thing you should do when you first move into your new home is inspect your smoke detectors. There should be one smoke detector on every floor of the home. These smoke detectors should be tested monthly and the batteries should be annually changed.

Next, make sure all your light bulbs are the recommended wattage by the manufacturer. Safety should always be a top priority.

The best bulbs to use now are fluorescent bulbs rather than high-intensity bulbs because they produce less heat.

While you are checking your light fixtures, check your electrical outlets. They can become fire hazards if wires are frayed or plugs are loose fittings. A good way to protect your home from fire hazards is to have accessible a multi-purpose fire extinguisher. Teach all home occupants how to use this fire extinguisher.

Also you should repair cracked, broken or uneven driveways and walkways to make sure your exterior surfaces are leveled.

For the most reliable home protection, you need to purchase homeowners insurance from Kennedy Insurance Agency.

For many of us, our home is our most valuable possession. The time to think about the unthinkable disaster is before it happens to you. If your home were damaged or destroyed, insurance can help you repair or rebuild your home and replace damaged possessions.

The main purpose of insurance is to protect you against losses you cannot afford. Few people have the financial resources to rebuild their homes. In addition to protecting your home and possessions, homeowners insurance also provides liability coverage to protect you from financial ruin if someone is injured on your property and sues for damages.

A homeowners insurance policy consists of coverage for your dwelling and your personal property. It also includes liability insurance which pays for injuries to other people or damages to their property accidentally caused by you, your family or your pets. You also can buy several types of additional insurance for property that is not listed in your homeowners policy or for perils not covered – such as flood – for which you need a separate policy. You do this by either buying a separate policy or by adding an endorsement or rider to your policy.

Read our Tips For Keeping Your Rates Low.

If you have any questions or need professional services, contact the Kennedy Insurance Agency by calling 410-355-1010 or click here today!

Kennedy Insurance has provided Insurance solutions to individuals, families, and businesses for more than 25 years. No matter what type of Insurance you need, we have the knowledge, experience, and markets you can trust. Our Personal and Commercial lines departments can satisfy a broad spectrum of Insurance needs. With a large number of companies to choose from, we shop the markets so that you do not.

Our primary goal is to provide the people of Baltimore, Maryland and its surrounding areas with adequate Insurance at a competitive price, while still providing excellent customer service.
Check us out on Facebook and Twitter as well!
Source: Home Maintenance Guide

 

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