Pepe Insurance Agency BLOG
Having a child is a major life event that drives people to consider getting term life insurance. When you have loved ones who depend on you financially, term life insurance provides a cost-effective way to protect them from financial hardship if you were to suddenly pass away. If you plan on having children, many people seem to wait until they are pregnant or had the baby already before they purchase life insurance.
Actual Cash Value is the depreciated value of an item of property at the time of the loss. This type of settlement does not allow you to replace what you have lost. Instead, it compensates you for the value of an item as if were being sold at a garage sale. Think of actual cash value as the replacement cost of an item after depreciation is taken into account. In fact, actual cash value is simply replacement cost minus depreciation. So how does it work? Let's look at actual cash value with a few examples.
Replacement cost is a term generally used in homeowners insurance. It basically states that if you have a claim, you will be compensated for the cost of replacing the property using today's prices. It allows you to put yourself in the same position you were in prior to the loss. It provides you with the necessary money to replace your items with another item of like kind. Compared to actual cash value, replacement cost does not take depreciation into account, so it is more favorable to you as a homeowner. So how does it work? Let's look at a few examples.
Yes, absolutely! No question about it. The stay-at-home parent is contributing multiple ways to the family, and the costs for those contributions can add up substantially. If the stay-at-home parent were to die, the working parent would still need to work, but would also need to pay for childcare and take on all of the household jobs. The price tag on childcare alone is expensive. It would be a huge financial strain on a family, especially after a terrible loss.
You are driving down the road listening to your favorite music. The next moment you hear a sudden bang on your windshield and a crack suddenly appears. Something hit your front windshield and now it is damaged. Whether it was a small rock, a loose grain of sand that fell of a construction truck, or a stick that fell of a tree, you need to get your windshield fixed. It needs to be done since you can be pulled over and issued a driving violation if your windshield is cracked and obstructing your driving view. But will your insurance company pay for the damage?
Youth sports are a popular recreational activity in our area of Dutchess County and the entire Hudson Valley and beyond. Whether it be baseball, softball, soccer, football, or any other sport, they are an enjoyable pastime for the entire family. On an given day, you see multitudes of teams practicing and playing their sports. Team spirit and good sportsmanship are learned and forever friendships are formed.
Everyone loves pizza! Pizza is big business. There are at least 10 pizza restaurants within 10 miles of our office, maybe even more than that. Yet, every one of them are successful and has their own loyal patrons. Pizzerias are multi-faceted establishments. They are part food-delivery services, some are also restaurants, some are strictly fast food with a few tables, some offer catering, and some also offer food delivery. Pizzerias are exposed to a number of potential risks. Without adequate insurance protection, one lawsuit from one of those risks could permanently shut down a pizzeria. As the owner, it is imperative that you maintain insurance for your pizzeria so it is properly protected.
Life insurance is one of the most valuable financial products that a young family can purchase. It is solely designed to provide financial support in the event that a wage earner in the family should die unexpectedly. Think about the consequences to your family if you were to suddenly die and your family has lost all of their income. Life insurance can help replace some or all of that income.
Motorists take a NY defensive driving or accident prevention course for many different reasons including: insurance discounts; traffic point reductions; court requirements; or just as a refresher for good driving skills. Most people though take it to help them save money or reduce points on their driving records.
Take an online defensive driving course with Improv Traffic School! You can receive a credit of up to 4 points on your driving record, and also save 10% on your liability, no-fault and collision premiums. Take the course anywhere on your laptop or on your smartphone!
Pepe Insurance Agency is your trusted local insurance agent located at Poughquag, NY in Dutchess County. We do our best to make sure that our clients are well-protected with affordable auto insurance. We make sure to go the extra mile to help you with your needs. To learn more about auto insurance and to obtain a free quote, click on the button below.
Several life insurance companies today offer life insurance with no upfront medical exam, up to certain death benefit limit. At the time of application, you are not required to undergo a medical exam until the company requests one. A life insurance medical exam generally requires you to give blood and a urine specimen, have blood pressure taken, have height and weight measured, and answer many medical questions from the exam vendor. It can be a great option if you are in excellent health and not looking for a large amount of death benefit.