international medical insurance

Posted by & filed under Uncategorized.

The world is getting smaller. Airplanes connect virtually every city on the planet. People are taking advantage and heading out to explore. In 2016 alone, Americans spent a total of $246 billion on international travel.

But what if something goes wrong on your trip? What if you get sick or fall and break a leg?

It may surprise you to know that your regular medical insurance may not cover you in another country.

That’s why international medical insurance is so important.

International Medical Insurance

What is international medical insurance? This type of insurance comes with travel insurance policies. Its purpose is to pay for any medical expenses you incur while out of the country.

International medical insurance does not pay for long-term medical care. If you fall ill while out of the country this insurance will cover you for a specific period.

As soon as you are well enough to travel you must return to the US. As soon as you enter the country, coverage ceases.

What Does It Cover?

International medical insurance often comes with travel insurance plans. When shopping around, find out what the plan that interests you will cover.

Common coverages include:

  • Flight cancellations and other trip-related cancellations
  • Lost luggage
  • Lost personal belongings
  • Emergency medical care

Be sure to find out what’s included so there’s no surprises later. You don’t want to be thinking you’re covered only to discover that you aren’t when you need it.

Group and Student Plans

What’s a good way to save money on international medical insurance? Individual plans are almost always the most expensive. Check to see if you are eligible for a group or student plan.

Companies will have different requirements for group size and the plans they offer. But many will offer a discount if the minimum required number of people sign up together.

This is also a great way to ensure that everybody in your group has adequate travel insurance coverage.

Many universities require their students to buy travel insurance before traveling with them. Some schools make it easy and offer a plan that the student can buy through the university.

This plan is often at a discounted price.

Not all universities have this option. In that case, you will have to research companies on your own. When you talk to the insurance representative be sure to ask what discounts they offer for students.

Research Online

There are many online resources that help with finding good travel insurance. A great place to start is with The US Travel Insurance Association. Online comparison tools make it easy to find the right plan for your needs.

Life happens. Insurance is the best way to make sure it doesn’t knock you down. A fun trip can turn into a nightmare if something goes wrong.

Not every traveler buys travel insurance. But if something goes wrong you could end up using all your reserves and then some.

You wouldn’t drive your car without auto insurance. You wouldn’t buy a house without homeowner’s insurance. Don’t take a trip without travel insurance.

The peace of mind is invaluable.

For more information, don’t hesitate to contact us.

high risk auto insurance

Posted by & filed under Uncategorized.

Most drivers check their bill each month and find that they are paying an average amount for their auto insurance.

Some people, however, have to pay a little more.

Among those who have to deal with higher premiums are high risk drivers. While the name implies that you were once at fault for a serious accident, there are a number of factors that can place you under this label.

This includes young drivers, people who are newly licensed (regardless of age), and those who have been convicted of a DUI.

But, dealing with high risk auto insurance isn’t the end of the world. In fact, your life will be a lot easier when you understand it.

Continue reading to find out why.

Why You Are “High Risk”

High risk drivers may or may not have themselves to blame. This classification could be from a DUI, a past accident, or from multiple traffic citations.

But, it could also not be your fault at all. If you are young or have just received your driver’s license, insurance companies may consider you to be a high risk driver.

While this may not seem fair, it’s so insurance companies can protect themselves. Younger people, newer drivers, and those with blemished driving records are more likely to get into accidents.

It May Be Difficult

If you don’t have the budget for higher insurance rates, you’re going to have to cut back on other expenses.

No matter what you do, though, you need to have insurance before you drive. In most U.S. states, it is illegal to drive without auto insurance.

To put it simply, there is no alternative. Nobody wants to pay more for anything. Luckily…

High Risk Auto Insurance Can Be Affordable

There are some high risk auto insurance policies out there that are relatively inexpensive. However, these can be difficult to find.

Most insurance companies will give deducted rates to high risk drivers who show improvement over time.

For example, let’s say you are involved in a collision that was your fault.

If you take a defensive driving course, your insurance company may lower your rates. This will allow you to have lower monthly payments and, more importantly, less stress.

You Won’t Be High Risk Forever

Depending on why you are a high risk driver, it will take a varying amount of time before you are eligible for regular insurance policies.

New drivers and young drivers may only be high risk drivers for as little as six months.

Those with more serious violations, such as multiple tickets or a DUI, may experience high risk classification for years.

As long as you stay out of trouble and never miss your insurance payments, you will be on the path to a much more manageable insurance premium.

How to Avoid High Risk Insurance

If you’re young or newly licensed, there’s not much you can do other than wait.

For those who are already on regular insurance policies, driving carefully will ensure you never see a high risk insurance bill.

For more general information on auto insurance, visit our blog.

car insurance brokers

Posted by & filed under Uncategorized.

Having car insurance is a crucial step towards getting your finances in order, and protecting yourself in the event of an accident.

However, if you don’t know what to look for on your own, you can easily end up with the wrong car insurance. Working with professional car insurance brokers can help you to find the policy that works for you.

Read on to learn more about the process of working with these brokers.

What Do Car Insurance Brokers Do?

In a nutshell, a car insurance broker helps you or your business to sort through several different companies and offers when it comes to auto insurance.

They help you to find the policy that suits your current needs, and they often negotiate on your behalf to help you to get lower premium payments.

Usually, these offers and negotiations are based on business relationships that the brokers have established with insurance companies. Because of this relationship (also known as an “appointment”) these brokers can provide you with the policy you need.

These brokers get a reasonable commission whenever the clients they work with make a purchase. Generally, this percentage is anywhere from 8%-15%.

To make sure your agent isn’t taking more than their fair share, always ask about their commission rates.

Additionally, you may be charged a fee for their service. Again, always make sure to get that fee in writing.

Why You Should Work With a Broker

Obviously, the number one benefit of working with a broker is the time it saves you.

Especially if you’re looking for auto insurance for your business, you likely won’t have enough hours in the day to compare multiple offers and then negotiate lower premiums and better coverage.

When you’re on your own, you’re much more likely to end up paying more than you need to or simply get coverage that doesn’t suit your needs.

When you work with a broker, you only need to fill out a single application, which is then submitted to multiple insurance agencies.

Though naysayers might point to the convenience of comparing rates online, the reality is that a computer can’t negotiate on your behalf. While these comparison websites might help you to get a better idea of the kinds of coverage you need and how much you’re willing to pay, they can’t replace a professional.

Brokers have contacts in the industry, which will help you get a better rate now, and more importantly, secure that rate for the future.

You can be sure you get all your questions answered in person, so you avoid any unwanted surprises and costs down the road.

Ready to Connect with Top Car Insurance Brokers?

Thanks to this post, you now know what to look for when it comes to finding qualified car insurance brokers.

You’re also familiar with the benefits of doing so.

When you’re ready to begin the process, spend some time on our website to familiarize yourself with our services. We even offer a free auto quote, so there’s no reason not to give us a try!

auto insurance broker

Posted by & filed under Insurance Broker.

If you are thinking of getting auto insurance, then maybe you’ve considered hiring an auto insurance broker.

The auto insurance marketplace can be difficult to navigate and rather confusing. With so many auto insurance laws and regulations at federal, state and local levels, it makes sense to hire an insurance broker to help.

Many people are unaware of the benefits of hiring an insurance broker and often simply choose direct insurance services. Read on to learn the top 5 reasons why you need a broker!

1. An Auto Insurance Broker Works For You

There is a major difference between an auto insurance broker and an insurance agent. Insurance brokers work for multiple firms on behalf of their clients. On the other hand, insurance agents are employed by only one firm. 

They get to know you, the organization, or business to make sure to identify the right insurance plans.

2. More Knowledgeable

Mostly, insurance agents only understand the insurance policy offered by their company.

A broker has a greater knowledge of the market as a whole. This is because they work with many companies and carriers. This means they can identify the right insurance policy for you.

This is especially true if you’re a niche business. An insurance broker can offer you the expertise and knowledge to tailor an insurance policy to your needs.

3. More Cost Effective

Often, people assume that the middleman is an unnecessary cost when getting insurance. However, the cost of hiring an insurance broker is, on average, more cost effective than direct insurance.

Because they’re professionals, insurance brokers often get lower premiums from insurance companies. And this impacts how much they charge you, the client.

4. It’s Much Easier

Often, customers assume that it’s easier to purchase insurance directly from their car company. This is actually not the case!

Insurance brokers are easy to contact in your preferred way, whether it’s email, phone, or visiting a website.

Do you require more information about the terms of your insurance? Or would like to inquire about potential changes to insurance agreement?

Brokers are much better equipped to handle these issues than direct insurance companies.

5. Quick and Personable

Because insurance brokers work in smaller teams, they offer a more quick and efficient service. Meanwhile, clients can enjoy the benefits of a more personable, friendly experience.

Furthermore, insurance brokers are much more effective in dealing with changes to policy and special requests.

Direct insurance services, unfortunately, rely on call centers employees with limited knowledge. Whereas, insurance brokers are available at every point of the insurance policy cycle.

Final Thoughts

We’ve debunked the myth that a broker can’t get you from point A to point B quicker, efficiently, and at a lower rate. 

If you need auto insurance, your broker can also find you the best possible insurance policy deals available. 

Ready to get started?

Get in touch for a free auto quote today!

group life insurance

Posted by & filed under Insurance Broker, Uncategorized.

Even if you have life insurance through your job, you may be still among the 50% of individuals in the US who don’t currently have enough life coverage.

Find out why group life insurance may not be giving your family the security they need — and what you can do about it — below.

1. You need more

Group life insurance is affordable. In some cases, it’s even compulsory. Generally, it’s not a bad thing — but it does have its drawbacks. None of us like to think of a time when we may no longer be around. So, we fail to calculate just how much money our family will need on our passing.

Add up the following costs to determine how much life coverage you actually need:

  • Cost of a funeral
  • Paying off any outstanding debt
  • Future costs such as college and child-rearing expenses
  • Time off for loved ones to grieve

Often, these expenses will add up to way more than you anticipated. In fact, they can be up to 10 times your annual salary.

With these costs in mind, it won’t take you long to figure out that your existing life insurance is going to fall short. Additional or supplemental life cover is always a good idea.

2. It isn’t forever

Group life insurance is designed with the company you work for in mind. It is based on their track record. It belongs to the company and is not valid after you leave their workplace. If you are laid off or resign from your job, your cover ends immediately.

You may be able to convert this type of cover to individual life insurance. However, you will find that your premiums will undergo a substantial increase.

However, most of these type of company policies are not convertible.

3. Your next job may not offer group life insurance

It pays to get your own life insurance while you are still young and premiums are more affordable.

By the time you leave your job, you could end up having to pay much higher premiums for individual life insurance because of your age.

While it is never too late to take out individual life insurance, you could possibly develop a medical condition later in life. This could push your premiums up. So, younger is always better.

It makes sense to take advantage of your employer’s life insurance. But make sure that you have individual coverage as well.

4. Options are limited

Your employers’ life insurance will most likely offer only general benefits most suited to the majority of employees. By taking out individual life insurance, you are able to choose a policy that suits your unique needs.

Find out from your employer about supplemental plans that you can add on to your group life insurance.

Always take into account whether these are portable, how much they will cost if you leave your job, and whether they meet all your needs.

Make sure your life insurance is adequate

Don’t just go with the flow, consult a financial advisor for advice on insurance coverage plans to suit you.

Get in touch with one of our professional agents to make sure you get what you need.

homeowners insurance estimate

Posted by & filed under Uncategorized.

When you’re buying a home, it’s completely understandable that you’d want a homeowners insurance estimate that’s fair and affordable. However, it may come as a surprise that you have little control in how that estimate is figured.

Several different factors go into figuring out your insurance estimate, and figuring all those out can be frustrating. We’re here to untangle and demystify what exactly goes into figuring out your insurance rate.

Ready to figure out what’s making your premium skyrocket? Let’s read on to find out!

Rates

Your homeowners insurance estimate can vary greatly depending on what region of the country you’re in. This is because different regions experience different phenomena which cause various different claims.

Additionally, the companies you query will likely all provide you with different rates.

But what actually causes the fluctuation in rates? It could be your own personal likelihood to file a claim. If you’re likely to, you’re probably perceived as a risk. Naturally, “high risk” applicants will have heftier estimates.

What determines risk? Take a look at your entire homeowning history. Any other claims you’ve made will be noted, along with how frequently those claims were made. All of that goes into figuring out your estimate.

Claims

What causes a claim? And more importantly, what claims will drive your rate through the roof?

Weather is a huge cause of premium-increasing claims. Weather-related claims may be frequent, but that doesn’t mean that it can’t affect your rate.

This doesn’t mean you need to get to work on controlling the weather. It just means that the weather in your area may cause you to file a claim, and the company needs to be prepared for it.

Other factors

The other factors used to determine your insurance estimate are somewhat circumstantial. If your home isn’t accessible to other resources, or if would take a lot of labor to rebuild your home, it’s possible that you could expect to see your premium increase.

For instance, if you’re far away from the fire department or a hydrant and your home catches fire, that’s more labor required to put out the fire – and that’s before any damages to the home itself have been assessed.

Also, don’t be surprised if you see a premium increase if your home is made out of certain materials, or if the crime rate for your area is somewhat high. If you’re in an area that could reasonably put your home in danger, the insurance company has to figure that in as well.

Homeowners insurance estimate: demystified

As a homeowner, trying to figure out what goes into figuring your insurance rates can be frustrating and exhausting. Insurance rates aren’t a reflection of you, whether good or poor.

Insurance companies are doing what they do in order to keep you safe and your home in good repair.

Rather than focusing on the cost, make sure that your coverage is fair and that your policy includes everything that you need it to.

If you have questions regarding homeowners insurance, or if you need a quote, please don’t hesitate to contact us.

Posted by & filed under Auto Insurance.

Driving a vehicle can be convenient and a lot of fun but it can also be dangerous.

And safety matters to drivers across the United States.

The National Safety Council conducted a survey of 2,000 drivers who drive at least 15 minutes on a typical weekday.

Eighty-three percent of those surveyed said that driving is a safety concern for them!

How can you operate your vehicle more safely?

Read on to learn 5 ways you to avoid a road accident.

1. Eliminate Distractions

One of the most effective ways to prevent accidents is by eliminating as many distractions as possible.

Do you own a cell phone or tablet?

While these are great resources for entertainment and information, there is a time or place for them. And it’s not on the road!

While text messaging is a great way to communicate, doing it while you drive can have fatal consequences.

The dangers of texting while driving has caused some states to outlaw it.

Also, try waiting until you are stopped to change a song or radio station. This way you pay attention to the road as much as possible.

2. Control Your Speed

Do you have a tendency to speed?

By ensuring you’re traveling the speed limit or less, depending on road conditions, you can help drive safer.

Even if your speeding does not result in a road accident, it could wind up with you receiving an expensive speeding ticket or increased insurance rates!

This can range from tens of dollars to several hundred depending upon the level of your offense and the jurisdiction where you do it!

3. Know Your Surroundings

It’s important to know your surroundings as you drive your vehicle.

You should be focused on the road you’re driving on but also pay attention to what is going on around you.

Use your eyes to scan intersections when you’re getting close to one.

Also, look at your rear view mirrors to look out for any reckless drivers or hazardous conditions.

4. Use Your Signals

Always use the turn signals on your vehicle as a way to drive safer.

Besides helping you develop good habits, you will also help communicate your intentions to other drivers on the road.

For example, using your turn signal before you intend to turn helps to give a driver behind you some advance notice of what you want to do.

This can help that driver to slow down their speed and avoid a potential rear-end collision with your vehicle.

It can also help pedestrians or cyclists to anticipate the maneuvers you will make!

By being a better communicator on the road, you can be a safer driver.

5. Take Advantage of Vehicle Safety Technology

Consider buying a vehicle with safety technology like a backup camera or lane change detectors.

Backup cameras are a convenient way to get a better look at what is behind your vehicle. But don’t rely on these completely! You should scan the area behind you before beginning to back up carefully.

Lane change detection technology is a newer feature on many vehicles. It helps you know if an object or other vehicle is in your blind spot by alerting you to it.

These are technologies that can help you to travel around in your vehicle more safely.

Avoiding a Road Accident

Driving is a great form of transportation but it is important to drive safely.

By communicating with others on the road, using your turn signals and minimizing distractions, you help lower your chance of having a road accident.

You should also pay attention to your surroundings on the road and limit your speed.

Even driving safely does not ensure you will never have an accident. That is why it is important to be sure that you have the auto insurance coverage you need.

At Arrowstar Insurance Center, we have more than 100 years of combined experience in home, auto and health insurance.

Contact us today to learn more about the auto insurance products we offer and how we can help you!

Posted by & filed under Uncategorized.

An auto insurance broker is a representative or sales agent for any number of insurance companies and works to get you the best price possible. In the bricks and mortar world, a broker would come to your home or place of business and show you all the various policies that are available. But online, all you have to do is go to a website, enter your information and let the auto insurance broker do the rest of the work. They will shop your information around and make sure that you are given the best quote based on your specifications.

When a person sets out to buy auto insurance the first thing that they normally do is turn to an auto insurance broker. But are these brokers necessary? This article will attempt to help show you the reasons why you need an auto insurance broker.

1. Better understanding of the insurance

Insurance can be a very difficult thing to buy because it is usually written in a very confusing language. An insurance broker can help you to understand this language. If this is your first time buying insurance, or if you are not sure about the type of insurance that you need, you might consider using an auto insurance broker.

2. Saves you time and effort

Most people either don’t have the time or the patience to suffer through contacting various insurance companies and providing them with all of the same information. Every company needs all of the same information to give you a quote, such as your driving history and details about your car. Auto brokers can handle the task of contacting the various companies for you, passing along the same information to the various companies on your behalf, and this makes shopping for new insurance coverage that much easier for you. Once the quotes are in, your broker will provide you with all of the quotes to review and select from. Using the services of an auto insurance broker can save you a tremendous amount of time

3. Access to different auto insurance companies

An insurance broker will have access to a lot of different auto insurance companies. Going directly to one insurance company could restrict your options and you may not get the coverage you want the broker on the other hand having so many to choose from should be able to get you the coverage you want and at a price you will like.

4. Saves you money

A broker will save you money. An auto insurance broker is going to have inside information what is going on with different insurance companies. It is there job to know about the best deals. An auto insurance broker is a sure fire way to save money on your insurance rate.

5. Gets you quotes easily.

When you visit a broker’s office they are able to look at all the different aspects of coverage that you need. They will then need to know things such as how long you have held a license, your driving history, and the type of vehicle you want insurance for; this is known as rating information. All of this information is then fed into a computer and the broker is then able to see what quotations the computer has generated from the probable dozens that will be showing.

The agent can then sort through these and narrow it down to maybe two or three for you to make the final choice from depending which of those fully meet your requirements. If you went straight to an insurance company, you would be limited to what that company could offer and it’s possible they may not be in a position to fully cover you. This is why it’s always better to use an independent broker they have a lot more scope in which to work.

 

 

Posted by & filed under Uncategorized.

If you’re a new driver, you may be wondering why auto insurance is so important. After all, shouldn’t you be able to choose whether to have it or not? We hope to change your mind by telling you six reasons you really should buy auto insurance. You might be surprised! If you are thinking about it, don’t hesitate to talk with an auto insurance broker.

1. It’s the Law

We’re not kidding. You can get into some serious trouble if you’re caught driving without proof of insurance. Authorities are able to take away your driver’s license, or even have your car towed if you fail to buy insurance.

2. More Affordable than Accident Costs

You may have heard this one before, and for good reason. If you get in an accident, some major costs can get racked up. But with insurance, you have a hand to hold, and for less money than the accident costs. If that’s not a good enough reason, what is?

3. Compensation

Your auto insurance can help you pay off any money you find yourself needing after an accident. While rates vary, this holds true for all auto insurance providers. This will definitely help you in the long run, as even your emergency fund may not be able to cover the costs. With insurance by your side, you can handle even the worst of accident costs. What could be better?

4. You Can Keep on Driving

Remember when we said that it’s the law to have auto insurance? Getting caught without it can mean transportation problems for a while. One consequence might be having your license taken away for a good amount of time. This means having someone else drive you to work or social activities– not only will it be inconvenient, but embarrassing! Keep your insurance on you to avoid this situation.

5. There’s More to It

When you get auto insurance, you can also have the benefit of several other policies with it. For instance, if your car gets dented by a huge storm or hit by a person without insurance, other insurance options can help you cover these problems. If you do go ahead and buy insurance, you may want to check out these extra benefits.

6. Medical Coverage

Oftentimes, auto insurance can also cover injuries resulting from an accident. This includes any major damage done to you or a family member in the car with you. We cannot stress how important this is, especially if something unexpected comes up. Don’t put you or your family at risk; be sure to talk with an auto insurance broker and see about getting the right insurance for your needs.

So now you have a better idea of why auto insurance is so important. It can keep you from losing lots of money, give you added benefits, and most importantly ensure that you and your family can receive compensation if an injury occurs. (Not to mention it’s illegal not to have it.) That being said, have a great spring and drive safely!

 

Posted by & filed under Uncategorized.

Having an auto insurance broker by your side can be the difference between spending big bucks on insurance or keeping your rates relatively low. In case of an unexpected car wreck or the like, they may be the only thing standing between you and unnecessarily high costs. Because we care about you and your insurance needs, we have compiled a list of 5 ways an auto insurance broker can help cut the cost of your insurance.

1. We Have a Good Knowledge of Discount Options

As insurance brokers, we are likely working with several insurance companies at once; as such, we know a lot about what discounts are available for who, and which companies to get them from. In the case of a dire insurance need, the perfect discount can make all the difference. This is certainly something to consider when thinking about hiring an insurance broker.

2. We Can Warn You about Rising Insurance Costs

We have access to a lot of relevant information concerning your insurance. This includes ticket drops, agreement changes, and other factors that may affect what you pay your insurance company. It’s our duty to let you know when anything changes so that you can take appropriate action, with our guidance and knowledge. Because of this, there won’t be any unanticipated insurance rises.

3. If We Don’t Know, We Know Who Does

You can rest assured that with an auto insurance broker, your insurance isn’t compromised by unexpected or rare circumstances. If there’s ever something we don’t know or have experience with, we will still ensure that you have proper coverage and payments; there may be a wholesale broker to help. Because of this, you need never worry about your particular circumstances when looking to hire an insurance broker.

4. We Represent You, the Buyer

This means that we will seek to serve you, with your best interests in mind. We know that auto insurance can be both daunting and expensive; it’s our job to guide and help you through all of that. If you hire an insurance broker, you can know that you’ve made an investment that will offer you a friend and business partner who will save you cash in the long run.

5. We Will Do Our Absolute Best

Because we do represent you, you can be certain that we won’t stop short; we will always do all in our power to serve you, the client. This includes making sure that you’re paying the most reasonable price for your insurance, regardless of anything else. We understand you’re spending valuable money by hiring us, and so we strive to live up to that.

 

Hopefully, you’ve found a few good points to consider when it comes to hiring an auto insurance broker. We want the best for you and your company, so every penny spent on us will be very much worth it in the long run. If you’re looking for the best way to go about covering your insurance, don’t hesitate to talk with an auto insurance broker. We would be glad to help!