Anyone that lives in the Opelika, AL area, and is a homeowner will enjoy the long-term benefits that come through having a stable place to live, long term price appreciation, and even tax benefits. If you are going to purchase a home here, it is important that you receive the right type and level of coverage and protection. There are several forms of coverage that will come with your home insurance policy here.
Coverage for Dwelling
One important form of coverage that you will receive with your home insurance policy here is coverage for your dwelling. If there is ever a fire, bad weather, or even vandalism, it could cause serious damage to your home. This could then be very expensive for you to fix. Fortunately, when you get a full home insurance policy you are going to receive the protection that you need to repair or replace your home entirely.
Personal Asset Coverage
Another advantage of a home insurance policy is that it can provide you with coverage for your personal assets. Any home insurance policy will give you a certain amount of coverage to replace your personal items if they are damaged or stolen. This can include replacing your electronics, clothing, and many other items. Those that have valuable items such as jewelry should consider getting specific coverage for those items through a home insurance policy rider.
As you are looking for a home insurance policy to protect your Opelika, AL home, you should reach out to the professionals at Elliott & Associates Insurance. The insurance team at Elliott & Associates Insurance will give you all of the support that you need to choose a new policy. This can include making sure that you understand your options and have all questions answered.
Do you know motorcycle accidents are catastrophic and many of the accidents are no fault of the motorcycle involved but instead the negligence of the cyclist? In Eliot and associates insurance, we believe that the more skills motorcyclists have in their toolbox, the higher their chances are of being able to avoid accidents. Enrolling in motorcycle safety programs and taking motorcycle safety training is a great idea even if you are an experienced rider.
∙Lower motorcycle insurance rates. Undertaking safety classes as a motorbike rider improve your driving skills, thus increasing levels of alertness, thus minimizing most accidents that arise as a result of carelessness during a biking expedition. The rider can practically put into practice what he or she has been taught. This culminates in a rider causing lesser accidents, thus attracting discounts from insurance companies because of completing a certified motorcycle course.
∙Boost motorcyclist’s confidence. The motorcycle safety course is conducted by professionally- trained personnel. They instill skills and techniques which build concentration in bikers leading to fewer distractions in a biking environment. These trained riders enhance their confidence resulting in minimal accidents. In Eliot insurance, we boost this confidence further by giving affordable and elaborate motorcycle policy which caters to you in case of a liability.
∙Its an investment. After completing a motorcycle safety course, it’s easier to make a more informed decision about purchasing a motorcycle. Riders will be able to make choices based on the type of bikes they would prefer to possess. They also have the advantage of making more mature decisions from advice given by instructors regarding the acquisition of a motorcycle.
Have you completed a certified motorcycle course in Opelika, Alabama?. Let Elliots & Associates insurance give you guidance in acquiring your motorcycle insurance. Call or Contact us through our website you won’t regret it.
You never know when unexpected expenses can arise, which can cause a financial burden. This is especially true for older individuals with health issues. There is, however, a common-sense method to save for the unexpected while also preparing for any hardships that may occur as the result of an untimely passing. Finding a quality whole life insurance policy is a way to protect loved ones as well as prepare for emergency expenses in the future.
Life Insurance Can Make Saving For Retirement Easier
When people are saving to retire, the find themselves in an unfortunate situation when medical expenses pop up without warning. Most are forced to spend their retirement savings to cover those expenses. There is a way to avoid having this happen though. Whole life insurance is a policy that allows the policyholder to borrow against it after it has been paid for a certain number of years. It’s like an emergency fund if necessary but also serves as a form of protection for loved ones or business partners in the event of the policyholder’s passing.
Discover Policy Options
Life insurance policies can vary greatly, so it is important to outline current and future needs to help find the right whole life policy. The best way to approach shopping for insurance is to work with a licensed life insurance agent who can work with clients closely to suggest policies that work best for them. Anyone who is currently interested in life insurance should visit Elliott & Associates Insurance, serving Opelika, AL. We are committed to helping people find quality insurance products that fit their lifestyle.
Now is the time to secure a life insurance policy to protect those who are important from hardships and even protect yourself when surprise expenses develop in the future. Call or stop by Elliott & Associates Insurance if you live near the Opelika, AL area, and find out how to get started.
Life is precious but not guaranteed. You need a life insurance policy that works to ensure your loved ones will be financially sound in the instance of your absence. The agents at Elliott & Associates Insurance can help you find the policy that best fits your preferences. Read on to learn what life insurance can do for you in Opelika, AL and throughout Alabama!
Life insurance pays debts
This concept rings especially true for breadwinners. Imagine your family being thrust into financial turmoil after your death because of mounting bills that you once paid going without remittance of such payments. This horrible scenario can be a reality if you do not set your family up for financial stability after you are gone. Life insurance can work so that your funeral expenses are covered along with the bills. The amount of financial stability your family has after your death heavily depends on how much you are willing to invest in a good life insurance policy today.
Life insurance can be used to diversify investments
Universal life policies have the flexibility to serve as coverage for final expenses and investment tools. With universal plans, your policy is tied to a specific investment product. You earn dividends off the investment product during your lifetime, which may be used to diversify your portfolio further or to cover unexpected expenses. Your agent at Elliott & Associates Insurance can tell you more about these perks in Auburn and Opelika, AL!
Life insurance policies provide financial cushions to the living
Term life insurance is specifically for after-life expenses and, thus, do nothing to get you out of a financial bind while you are still alive. Whole life insurance, on the other hand, comes with the benefit of accrued interest. Some policyholders use the interest that accumulates with a whole life insurance policy to go on vacation. Others choose to save the money for when it is truly necessary to spend it on emergency situations. Regardless of what you may decide to do, it is a good feeling to know that you have options with your whole life insurance plan.
The agents at Elliott & Associates Insurance can explain the ins and outs of life insurance. Call us today to schedule an appointment for a consultation!
Located just on the outskirts of Auburn, Opelika, AL is home to quite a few thousand cars and plenty of traffic for those venturing to the university nearby. With lots of visitors and the area attracting a variety of folks to the area, our customers at Elliott & Associates Insurance want to offer you multiple ways to keep your car secure against theft.
Wherever you choose to park your car, make sure it is in a well-lit area. Dark spaces encourage thieves to break into vehicles because it is more accessible to work and allows limited witnesses. Most will avoid your car in a lit and secure parking lot to prevent the risk of getting caught.
Get an Immobilizer
If you do not already have one, an immobilizer is a physical device that you place on your car to prevent them from hot-wiring your car and stealing it. This device is complicated to remove without the owner, so most thieves who are looking for a quick snatch will move right past your car when they see it.
Lock your Steering Wheel
Another device that you can place in your car is the steering wheel lock that requires a key to remove. With this lock in place, the vehicle cannot be driven. For most criminals seeking out a car, they will walk right past yours because of the time and risks these locks create.
Get Premium Security
The best security for your car is auto insurance. When you add comprehensive coverage to your policy, you are covered in the event your vehicle is stolen. If you live in or around Opelika, AL, contact our agents at Elliott & Associates Insurance today for more information about our policy offerings.
You have probably heard about depreciation with respect to things such as your car or your electronics, but not a lot of people talk about home depreciation in the surrounding area of Opelika, AL. Elliott & Associates Insurance can help you navigate through the advantages and disadvantages of a home depreciation assessment of your policy.
Your home may lose its value as things start to break, furniture becomes outdated, or possibly a neighborhood’s property value decreasing. It’s important to note that there are cases where homes may increase in value due to inflation or desirability of a location.
Benefits and Drawbacks of Home Depreciation
There are benefits and drawbacks to home depreciation. It’s important that you talk to someone at Elliott & Associates Insurance so that we can help you navigate through the benefits and drawbacks.
Many times clients decide to have their home assessed for depreciation so that their home insurance premiums are lowered. You could save money on your home in this way, but decreasing the value of your home may make it so that rebuilding and increasing the value later is harder to do.
How to Get Your Home Assessed for Depreciation
Getting an assessment for depreciation is simple. After your appraiser comes, they will determine the current value of your home and how much it would cost to rebuild it. Then a statement is issued to your insurance agent.
Recoverable Depreciation Explained
Recoverable depreciation is the cash value of your home and its replacement value’s difference. In order to limit fraud or frivolous claim payouts, the homeowner’s insurance claims are paid from the actual cash value and then recoverable depreciation. After you make the claim to your property and repair it, your insurance will pay you a check for the recoverable depreciation. You will only be able to recover depreciation if your policy has replacement cost value coverage.
If you have any more questions about home depreciation, reach out to Elliott & Associates Insurance at our office or call us at 334-745-0888 for service in the Opelika, AL area.
At Elliott & Associates Insurance, we see a lot of vintage and antique vehicles. Many people in the Opelika, AL area come to us wanting to know whether they should purchase classic car insurance or standard auto insurance. This blog explains the key differences between classic car insurance and standard auto insurance.
Classic car insurance covers classic, vintage, and antique vehicles. A classic car might only have come off the line ten years ago, but could qualify because of limited production or some other collectible nature of the vehicle. This means you might still want to drive it as an everyday car. Standard insurance lets you do that. Classic car insurance does not. You have to agree to garage your car under a classic policy.
A classic policy also limits the number of miles you can drive. Typically, you’re allowed about 1,000 miles of driving. You can putter along in parades or park it at an auto show, but commuting in your classic would be a no-no.
What makes a classic policy superior to a standard policy is the replacement value payout. You can obtain a policy that pays the actual replacement value of your vehicle, not the fair market value. That means that you could go to an auction or vintage car lot and buy a new vehicle that’s the same year, make, and model as the one you lost in an accident.
These policies also cover all of your parts and labor to repair the damage. Some agents will even help you find vintage replacement parts.
Despite the driving limits, a classic car policy lets you protect your investment better. Contact Elliott & Associates Insurance serving Opelika, AL for more information on classic car insurance.
At some point in their lives, most people, especially those with vast resources or families, will purchase life insurance. When purchasing life insurance, you must name a beneficiary or someone who will receive the benefits of the claim in the event of your covered passing. You may be wondering, however, how many beneficiaries can you name during the policy purchase process?
Choosing A Beneficiary
When Purchasing your life insurance policy, you will be required to name someone as your beneficiary. You may also be asked to provide a backup beneficiary in the event the primary beneficiary passes away unexpectedly or is unable to collect the claim for various reasons. Be sure you have the people who you will name in mind before making your policy purchase. You should seek assistance from a caring, professional life insurance agent with the proper credential and licenses. They will help you navigate the process carefully to avoid any mistakes or issues that could impact the claim in the future.
Work With Experts
When you purchase life insurance, you want to make sure that you are working with industry experts who are knowledgeable about all aspects of life insurance and the claims process. If you live around the Opelika, AL area, you should consult Elliott & Associates Insurance for the support and guidance you need during the purchasing process and with any future claims your beneficiary may need to file. They will discover options that work for you and present you with a policy that gives complete peace of mind.
If you are considering purchasing life insurance to protect your loved ones or estate, you should check out Elliott & Associates Insurance serving Opelika, AL for assistance. Call or stop by the office for more information.
Home insurance is an essential part of anyone’s home owning experience. With the right policy, you can be fully covered from just about any event that may befall your home. That being said, home policies cover more than you might imagine they would include. For those that live in the Opelika, AL area, the agents with Elliott & Associates Insurance can help you determine what policy works best for you.
What to Consider with Home Insurance
A great thing to consider is what your home policy covers. For the most part, it simply makes sure that your home is safe, it also, however, helps to cover the people in the home as well. This means that to a certain extent, guests are included in your home insurance policy. They are covered in that if they are invited into your home, and should someone become injured on the property, they can file a claim against your insurance to help pay for the cost of their medical bills.
There are special circumstances, however, that must be met to be able to use this type of policy. You must have some sort of coverage on your policy, and you must be able to prove that the injury occurred on the insured property and not because of some sort of negligence. It may also cover the belongings of a guest should something happen to your home while you have people there. You should take the time to make sure that your policy covers guests if you have them often.
For those in the Opelika, AL area, the agents with Elliott & Associates Insurance can help you to find the perfect policy with just the right amount of coverage and the correct contingency to make sure that your policy is going to cover any guest you may have. Contact our offices to learn more and get a quote.
If you are considering purchasing or have recently purchased a classic car in the Auburn or Opelika, AL area, it is vital that you purchase an insurance policy that covers the unique ownership aspects of a classic car. A specialist at Elliott & Associates Insurance would be happy to meet to discuss your classic car insurance needs.
The first consideration is the amount of coverage you will need. Unlike a traditional car policy that covers the actual value minus depreciation, a classic car typically increases in value over time. Under a classic car policy, you will work with your insurance specialist to come up with a mutually agreed upon value to insure.
Classic car coverage has many of the same coverages as a traditional policy such as liability, collision, and medical payments. However, there are some additional coverage options you need to consider. For example, under roadside assistance coverage, the policy should include flatbed towing to limit the damage in the event it needs to be towed.
Another important consideration while shopping for a classic car insurance policy is to make sure the types of activities you plan to engage in with the car are covered. Many insurers will not cover the car if you plan to use it as a primary vehicle such as using it to get to work. Insurers often restrict the number of miles one can put on the car each year. If you plan on attending an auto show that will exceed the limit, you will need to speak with your insurance specialists for additional coverage.
No matter if you are new or old to classic car ownership, it is vital to make sure your investment is protected. If you live in the Opelika, AL area, please reach out to an insurance expert at Elliott & Associates Insurance today!