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How Do You Switch Home Insurance Companies?

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Switching home insurance companies can potentially provide you with better coverage or lower rates, and the process of changing home insurance companies is not complicated. Here at The Hansen Agency LLC, we can guide you through each step if you’re in Washington, PA. Here’s the general process.

1. Find a New Home Insurance Policy

The first step is to find a new and better insurance policy. At The Hansen Agency LLC, we can help you check policy options from several insurers since we’re an independent agency. Our agents are well-versed in home insurance and will work with you to compare coverages and rates.

2. Purchase the Policy

Once you’ve selected a new policy, complete the required paperwork to purchase it. Be prepared to make the first year’s payment in full. Our agents will help you complete all the necessary paperwork.

3. Notify Your Mortgage Lender

If you have a mortgage on your Washington, PA property, your lender needs to be sent your policy details. Namely, they’ll want to see the declarations page. This page details coverages and limits.

Lenders commonly require that the homes they finance are insured, so their financial equity in the house is protected. Not sending them the declarations page could cause the lender to purchase expensive force-placed home insurance. Our agents can ensure your lender gets the declarations page of your new policy, along with any other documentation they want.

4. Get a Refund (Maybe)

If you’ve paid your current policy’s premium in full and are switching before the policy terminates, you may be eligible for a refund of the unused premium. This is usually sent to you.

Contact Your Local Agent Today!

For more information about home insurance and how to switch policies, call The Hansen Agency LLC in Washington, PA, at (407) 982-3266.

What is an Auto Insurance Deductible?

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At the Hansen Agency LLC in Washington, PA, we understand how confusing insurance terminology can be for many people. Most people read through their insurance policies and find it pretty much like deciphering a foreign language. But that’s where our team of experts come in. We’re here to assist you and ensure you get the most out of your insurance policy.

A common area of confusion is understanding auto insurance deductibles. Essentially, a deductible is the amount you’re required to pay out of your pocket when you file a claim to have your vehicle repaired. It represents your share of the expenses. For instance, if you’re involved in a collision that results in $3000 worth of damage, you would first pay your deductible, and the insurance company takes care of the rest. So, if your deductible is $500, you pay that amount first, and the insurance company covers the remaining $2500. This applies to comprehensive, collision, uninsured motorist, and underinsured motorist property damage claims.

How do deductibles affect your auto premium?

It’s also important to note that the deductible you pay on your auto insurance coverage can significantly impact the cost of your premium payments. Deductibles can vary depending on the insurance company; they could start as low as $250 and could reach up to $1500 or more. The rule of thumb is that the higher the deductible you opt to pay out of pocket for a comprehensive or collision claim, the lower your premium payments will be, and vice versa. For instance, if your deductible is $500, you will pay higher premiums than if your deductible is $1000.

Therefore, you need to consider whether you would be okay with a higher deductible (e.g., $1000 or $1500) to save money on your premiums and whether you can afford the deductible if you have an accident and need your vehicle repaired.

The Hansen Agency can help you decide.

If you’re still wondering which auto insurance deductibles are financially feasible for you, feel free to contact us at the Hansen Agency LLC in Washington, PA, at (724) 436-5142. We’re here to discuss your options and help you make an informed decision. By taking the guesswork out of choosing an auto insurance deductible for your policy, we empower you to make the best choice for your needs.

What to Ask Your Agent When Choosing Commercial Insurance

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Starting a business is certainly exciting, but it also entails numerous considerations. One of your principal concerns should be if and how much commercial insurance you need. If you’re located in or around the Washington, PA, area, the agents at The Hansen Agency LLC are here to assist. We understand that protecting your business and livelihood is a serious matter, and you can trust us to help you acquire the most suitable policy for your needs.

Even if you’re unsure where to start or what you owe, you can acquire the information and support you seek. Here’s what you should ask your agent before settling on a commercial policy.

  • Does my business necessitate commercial insurance?
  • What domains will this policy encompass?
  • Do I need riders or amendments for specific business sectors?
  • How frequently should I renew or update my policy?
  • Who can I turn to for queries?

Our agents are seasoned and dedicated, and our priority is ensuring your business gets a solid launch through proper coverage and protection. By contacting us with your concerns, it’s far easier to get everything you require all in one place. We can offer quotes from multiple insurers, thus enabling you to choose the one that suits your venture the best. Whether you’re beginning a new business, expanding, or just seeking a new policy for an existing company, we’re here to assist.

Contact us today at The Hansen Agency LLC if you’re in the Washington, PA area and looking for a commercial insurance policy. We can address all your concerns and help you secure a policy that fits your current business needs. Additionally, we’ll be available for future queries, policy amendments, and other forms of support as your company grows.

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