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Many families and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow the family to keep the home. Now, this type of policy is relatively straightforward and it can be easily purchased from just about any life insurance carrier. Now, the policy can also be part of the closing agreement on a new house, which usually means that premiums for the policy will be added to the monthly mortgage payment. Now, something that I want you to also take note of is a mortgage policy can be engineered to provide a monthly benefit to the surviving family in addition to paying off the house and this provides an extra financial cushion which I think is just a huge, huge plus. So before making any final decisions, be sure to talk to your insurance agent to determine what kind of policy properly protects your family.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

Liability insurance is the only type of car insurance required by law. And for good reason, liability coverage pays for the damage you do when you collide with another automobile. While situations will vary between people of different means. A smart way to gauge the level of liability insurance you should have on your car can be done by looking at car costs. The average cost of a new car is just under $50,000 while not all cars on the road are worth this much. It’s a good minimum for your liability coverage. But what if you’re in an accident and the other person is injured? Medical care is expensive and a car injury can easily generate more than $200,000 in costs to cover both. Consider keeping liability coverage around $250,000. And remember you can always lower your premiums by raising your deductible before making a final choice on how much coverage you need. Consider speaking with an insurance professional about your optimal liability coverage.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

Those who are approaching retirement age often want to know if purchasing a Medicare Advantage plan is a smart choice. Well, first let me go ahead and tell you a little bit about it. A Medicare Advantage plan is a health plan provided by a private insurer that is approved by Medicare. Let’s see. Generally it covers parts A B and D. Now Medicare Advantage acts like a Medicap plan in that it pays for medical costs that traditional Medicare doesn’t cover. However, because Medicare Advantage is provided by private insurers. The specifics of the the coverage it provides can vary which means that depending on which plan you choose, it may or may not meet your needs. So the best way to learn more about Medicare advantage is by speaking directly with a trusted insurance professional and also reviewing your options with them.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

For frequent travelers or families who are planning a vacation. A very common question is whether or not an auto insurance policy covers car rentals? Great question. So uh this actually isn’t a simple yes or no answer. It depends entirely on the particulars of your individual. Auto insurance cover some carriers cover the driver meaning you. So no matter what kind of vehicle you’re driving, your coverage follows you. On the other hand, some carriers cover specific vehicles, which means your policy is only in effect when you’re driving the car that’s specified on your insurance form. Now, car rental companies will often offer you insurance at the time of the rental, but depending on your existing coverage and the cost of the insurance, this either might be money that you do not need to pay for or very well worth the additional cost. Your insurance agent can help you determine the particulars of your policy as well as help you make informed choices regarding future car rentals.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

Homeowners insurance is a vital element in any homeowner’s life and may help protect your home against various elements such as fires, theft, vandalism, storm damage, and many other occurrences. But don’t worry, our team of experts are here to help protection is our business and we specialize in being great at it. We’ll help you find a plan that best fits you and your loved ones needs, whether you’re a new homeowner and are not sure what kind of protection you need or a long time owner and are interested in learning of new opportunities. Come see us.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

When it comes to the auto insurance, the term full coverage can be misleading and many drivers want to know if full coverage is actually worth having. First off, understand that auto insurance can be divided into coverage for you and coverage for the other party involved in an accident, collision covers you and liability covers them. If your collision coverage equals the cost of your car, then your car will be replaced if you’re in an accident. If your liability coverage equals the cost of your car, you hit, you’re covered again. But if your coverage amounts are less than the cost of your car or the car you hit, you’ll have to pay the difference out of pocket. There are additional costs to consider as well. The cost of injuries and medical bills, rental cars and of lost work time. Even if your policy says full coverage, it might not cover these things. The best way to be sure you’re completely covered against loss is to sit down with an insurance agent and craft a policy that meets your needs.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

Business owners typically have a ton of questions about commercial auto insurance. But the most frequently asked question of course, involves how much it costs. So the answer is that commercial car coverage can vary significantly from policy to policy based on what kind of protection your business or your driver needs. Makes sense. Right? Also you’ll want to note that coverage for a business. This automobile can vary based on things like say the location of the business and the state where your business operates and the primary use of the vehicle that’s being covered. So how about I give you an example here, um commercial auto insurance for a car that will be driven every day on busy city streets will cost more than insurance for a vehicle driven, say twice a week in the countryside. Oh, also I’ve got two more points for you to keep in mind. First of all, a private policy will not cover a vehicle for business use. Ok. And secondly, every vehicle on the road has a minimum insurance requirements. So the best way to determine how much coverage your business vehicle needs is to talk to an insurance agent. Uh that you trust and make sure that you get the coverage that you need at a fair price.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

Have you ever wondered if you can cancel your auto insurance policy at any time? Well, the simple answer is yes, you can. That’s right. You are not under any obligation to keep your insurance for any length of time. However, canceling your insurance can be tricky business. So if you plan on continuing to drive your car, then you’ll need to have another auto policy ready to go once the cancellation goes through. Also, if you have paid your insurance for six months or a year ahead of time, then it may take some time before your policy is prorated and the unused funds are returned. Uh but before making any final decision to cancel your policy, make sure that your new policy is ready and be prepared to wait for any prorated premiums. Now, in our opinion, the best way to make sure that you never have to cancel your policy is to find a knowledgeable insurance agent that you can trust and have them set up an auto policy for you.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.

A common question we hear all the time from families is whether a life policy can be cashed in before death. Well, the short answer is yes. Most policies have value that can be traded for some amount of cash and other policies are actually even designed to pay out before death. There’s many types of permanent life insurance policies out there that mature at a certain date, providing a payout to the beneficiary and also ending coverage. Now, I also want to mention that whole life insurance policies can be designed to gain value over time which could possibly provide policy holders a really great source of tax free cash. It is a really nice bonus. I might add even term policies that have a set number of years before they expire can often be sold to third parties for some portion of the payout benefit that is provided that the policy is still valid. Of course. So if you want to make an informed decision on which kind of policy structure is best for you and your family, be sure to ask your insurance agent to provide you with options.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.