It has long been recommended that you and your new spouse purchase life insurance when you get married. This helps to create a stable foundation on which you can build your life together and protect one another in the event one of you experiences an untimely death. Here at Cordell Insurance, serving the greater Baton Rouge, LA area, we are often asked if you really need to purchase life insurance or increase your existing policy when you get married. Here is what you need to know.
Many couples live together and even buy houses before they are married these days. These couples should have enough life insurance on the other party to cover the debts that they have together and to ensure your partner is able to live the life you planned if your income is gone. If there is enough life insurance already in place to cover these expenses, you likely do not need to increase your life insurance coverage immediately after getting married.
If you and your spouse do not have life insurance, or do not have enough life insurance to cover the debts you have together and to afford to live the life you are used to with each other’s incomes, then it is strongly advised that you purchase a new life insurance policy and/or increase the life insurance policies that you already have in place. This helps to protect the both of you in the event someone passes away early in life.
If you are in the market for a new life insurance policy in the greater Baton Rouge, LA area, visit Cordell Insurance today. We can help you determine just how much life insurance you need based on your circumstances.
Having home insurance is an absolute must for homeowners. In the event of a covered incident, you can replace your home and any other covered items so you can get back to normal. In the event of a claim, it is important to know how to start the claims process and allow it to work quickly.
After A Covered Event
Immediately after a covered event, you should collect all of your documentation and bring it to your insurance agent immediately. Then, the insurance agent will begin collecting information to submit the claim to the parent insurance company. Once the information is submitted, it will be reviewed by the agency, and if any additional documentation is required, it will be requested. Make sure you know what information you will need initially to help expedite the claims process.
Things You May Need
Before you buy your insurance policy, you may want to give your agent photographs of your home and its covered assets for future claims. Having this information, along with purchase receipts helps the claims process go much more smoothly and makes the settlement faster. Ask your insurance agent about the information you need for a claim so you can be prepared if a covered event takes place. It is easier to handle a claim if you are prepared ahead of time. For more information about home insurance, call or stop by Baton Rouge, LA, Cordell Insurance. Our friendly and knowledgeable agents will help you prepare for a possible claim and guide you through the whole process.
Don’t purchase home insurance coverage without understanding the claims process. We at Baton Rouge, LA, Cordell Insurance can get you covered and give you the information and tools you need to be prepared for a claim.
Determining the amount of life insurance that is necessary to protect your family after your death can be a confusing process. If you are looking to ensure that you have adequate life insurance coverage Cordell Insurance is here to help. We are proud to serve the greater Baton Rouge, LA area and would welcome the opportunity to work with you to make sure you have the coverage that your family needs. Necessary amounts of life insurance can be a moving target as your situation changes and we are here to help you gain the peace of mind that comes with knowing your family will have the financial resources that it needs in the event of your death.
Tips on Calculating the Amount of Life Insurance You Need
One easy tip is to multiply the amount of your annual salary by 10 in order to determine the adequate amount of coverage that your family needs. This is a good starting point and should be supplemented with $100,000 additional coverage for the college expenses for each child. If you want to take a deeper look at your expenses, try the DIME approach and consider Debt (and burial expenses), Income, Mortgage, and Education. From there you can project the amount of coverage that will be necessary for each category. Our agents can help you to determine the level of coverage that is right for you.
Please give us a call today at (225) 767-8840 to set up an appointment with Cordell Insurance. Our agency serves the entire Baton Rouge, LA area and is here to help you. Knowing that you have adequate life insurance coverage in place can give you the peace of mind that comes with knowing your family is protected, even after your death.
What does RV Insurance Normally Cover?
If you have an RV for personal, recreational use, you can normally insure it for up to 260 days per year. Your policy will be based on the class of your RV, and will be based on its value. You can base your coverage on the stated, market value, the agreed value for which it is insured, or how much it would cost you to replace it. Cordell Insurance in Baton Rouge, LA can help you find a policy based on your needs.
Liability coverage is standard and required by law, and covers you in case you involved in an accident. Your policy will have limits for property damage, medical bills, and underinsured claims much the same way regular automobile insurance does. Many of your personal effects will be covered, such as personal items like clothing, and may or may not include roadside assistance.
How Can I Get Extra Coverage to use my RV as a Residence?
If the situation is only temporary, you might want to choose Vacation Liability. This covers your damages if you stop driving and use your RV as a home for a limited period of time. You may need extra coverage if you are in Mexico, or if you need to store your RV.
If you actually use your RV as a primary or secondary home, you will need full-timers insurance. This kind of policy is similar to a homeowners policy, You will have a comprehensive policy which covers everything from theft, to vandalism, to fire or broken glass.
If you want to purchase a comprehensive insurance policy for your RV, of if you just have questions, call Cordell Insurance, proudly serving Baton Rouge, LA.
An umbrella insurance policy is additional liability insurance that can help cover unexpected circumstances that are not otherwise covered in your general insurance policy. Having an umbrella insurance policy is an important part of protecting yourself and your property. Umbrella insurance will cover you for potential lawsuits, claims, injuries and much more. If you live in Baton Rouge, LA, and are interested in getting an umbrella policy, Cordell Insurance is here to walk you through the process. So, let’s consider what exactly is covered in an umbrella policy and why it is important to have.
What kind of insurance is provided under an umbrella policy? – An umbrella insurance policy provides additional liability insurance that extends beyond the coverage of your current homeowner, boat and auto insurance policies. Umbrella insurance picks up where the coverage on those other policies ends. Umbrella insurance will also provide coverage for legal issues and fees, lawsuits and liability for rental properties that you own. This includes damage, injuries and lawsuits.
Is an umbrella policy needed if I already have solid insurance coverage? Absolutely. Remember, an umbrella policy will provide additional insurance coverage for the unexpected- outside of what you already have. It isn’t until the unexpected occurs that people consider thing like others’ bodily injury (dog bites, falls and other injuries that occur on your property or because of your negligence) property damages and exorbitant legal fees and lawsuits that you may find yourself wrapped up in. Umbrella policies will cover those expenses when you are at fault toward others. Basic policies will only cover your property damage, bodily harm etc.
Essentially, an umbrella insurance policy will provide you with peace of mind as you will be protecting yourself, your family and your business from potential future losses from injuries, property damages and lawsuits.
The first few times you get behind the wheel of your new RV, it will be exciting and a little intimidating. Just a short trip in the Baton Rouge, LA area traffic can be hair-raising. RV’s today come with all the amenities that make it almost as easy to handle as any other vehicle and a comfortable ride. Familiarize yourself with the differences before your first trip.
- Due to the size of many RV’s, it’s vital that you take the time to adjust the seat so you can comfortably reach everything for that long trip. Adjust the mirrors with particular attention to the side mirrors.
- Know the RV’s clearance level so you are aware of heights you need to avoid. Become acquainted with which states require a special oversized load permit if your RV is over the width limit allowed.
- Learning to maneuver your RV will take a little practice. Spend some time in an open space, and if you don’t feel comfortable, you may want to consider an RV driver training course.
- When driving up and down steep hills, learn to use the engine instead of the brakes to help control the vehicle. A general rule: downshift pulling the hill and leave it in the same low gear on the descent to avoid burning up the brakes.
- When driving in traffic, keep in mind the blind spots often are larger, and you need to pay more attention to traffic patterns.
- Driving an RV in severe weather conditions, especially high winds can be dangerous. You may want to stop and wait out the storm until you are a more seasoned driver.
Cordell Insurance provides RV insurance to the Baton Rouge, LA area. Contact a Cordell independent agent today to discuss your RV insurance options.
With warm weather on the horizon, now’s a good time to prepare your patio for summer entertaining. A comfortable and attractive patio will make BBQ’s and summer parties that much more enjoyable for the whole family. Here are a few ideas to help you get started.
Clear and Clean
Clearing and cleaning are the first steps toward getting your patio back in shape for summer. Get rid of clutter that may have collected over winter, dust down furniture and sweep and mop flooring. Look around to see if surrounding landscaping is in order. You may need to clear out weeds, prune trees and shrubs or replant your garden to spruce up the area. Surrounding your patio with beautiful plants and flowers will greatly enhance its decor.
Renovate Patio Furniture
Next, evaluate your patio furniture to see if it needs refurbishing or replacing. If your metal or wooden pieces are old and worn, a good paint job could give these items a more polished appearance. Power-washing teak furniture and applying tung oil will help bring out its beauty and preserve its finish. If you plan to use your patio extensively over the summer, you may want to invest in new furnishings and accessories to create the patio environment you desire.
Prep Your Grill
Unpack your grill and set it up for the summer season, making sure you have all the grilling tools and supplies you need. Test your grill before organizing a BBQ or party to ensure it’s working properly.
Before hosting summer events, take time to review your homeowner’s insurance to ensure you have the coverage you need. Your Cordell Insurance agent in Baton Rouge, LA can help with any updates to your policy. Adequate insurance coverage from Cordell Insurance will protect your guests and home in Baton Rouge, LA against any eventuality.
While many people don’t want to think about the need for life insurance policies, they are a necessity to ensure that you loved ones are taken care of in the event of your death. Cordell Insurance in Baton Rouge, LA knows the importance of maintaining a life insurance policy as well as what is involved in obtaining one. While not all policies require one, many companies now request those seeking a life insurance policy to obtain a physical before the policy can take effect.
What to Expect from Your Life Insurance Physical
During your physical, the doctor will take down your medical history as well as check your height and weight to determine you BMI. They will also take your vitals such as blood pressure and pulse and will inquire about any lifestyle issues such as smoking or alcohol use. When they are questioning about personal history and lifestyle, they are often just ensuring that they are getting the same information that the agent received, so if the questions seem redundant do not worry. If you are 60 years or older your insurance company may require that you take an EKG test as well. In addition to the physical exam, the doctor will draw blood and take a urine specimen for testing.
Blood Test Required for a Life Insurance Physical
The blood and urine test will be utilized to assess your overall health as well as your risk for major medical conditions.
- Heart and Arteries – Insurance companies will require blood tests to check how well your heart is functioning as well as your risk for future heart problems. These tests will determine your LDL and HDL cholesterol levels, your triglyceride level, and the presence of beta-adrenergic blockers.
- Kidneys and Bladder Function – Your doctor will take a patient history and discuss any history of urinary or kidney issues. They will also order testing that will include creatine levels, the amount of protein in the urine, microalbumin, BUN, hemoglobin, and a PH screen of your urine.
- Pancreas – You will be required to take pancreas function tests such that will measure your levels of fructosamine, urine glucose, and hemoglobin A1C. These tests will ensure that your pancreas is performing its job properly, and there is now the presence of infection or any blood disorder.
- Liver – Since anything you ingest will have to travel through your liver, they will use routine blood tests to ensure that your liver is performing appropriately and that there are no signs or cirrhosis or other long-term conditions. The blood test will check for levels of AST, ALT, GGT, protein, albumin and globulin.
- Miscellaneous Blood Tests – In addition to the tests above you will most likely be given a screen for HIV, serum levels, and illicit drugs.
If you are interested in learning more about how physicals are used to determine your insurance rates or would like a life insurance quote, contact the experienced agents at Cordell Insurance in Baton Rouge, LA today.
When people apply for auto insurance in Baton Rouge, LA, their credit history often affects both premiums and the likelihood of acceptance. This means that your track record of on-time and/or late payments could influence rates. The same goes for any bankruptcies, defaults or foreclosures in your past.
Some Louisiana drivers wonder why this information matters. After all, the insurer isn’t providing a loan. Insurance companies believe that a person’s financial history helps reveal how likely he or she is to file a claim. Insurers may also consider it important because a policyholder with a high score is more apt to pay premiums on time.
An insurance provider may assess specific credit history data. However, numerous companies save time by only checking scores. The most commonly used rating is known as a FICO score. This number grades a person’s payment history based on an assortment of factors.
Major events like foreclosures and bankruptcies have the most significant impact on this score. Collection accounts also have a substantial effect. Other important factors include the average account age, account types, debt level, lateness and frequency of credit inquiries. It’s also crucial to consider the percentage of a borrowing limit that you’ve used.
Your credit report may be blank if you haven’t used any loans or charge cards in many years. The same goes for people who divorce. This frequently results in moderately higher premiums. Nonetheless, it probably won’t raise your coverage costs as much as a largely negative history.
Cordell Insurance serves motorists in Baton Rouge, LA and the surrounding area. We have provided customized auto policies at competitive prices for more than 36 years. Our staff helps drivers compare coverage from numerous major insurers. To get started, please call Cordell Insurance at 225-767-8840.
Having home insurance from Cordell Insurance in Baton Rouge, LA ensures you and your family are well protected against accidents. By taking necessary precautions, however, you can create a safe home environment that makes accidents nearly impossible to happen. The following safety tips can help in preventing major home accidents.
During winter, supervise the use of portable heaters to reduce the risk of fire. Replace real candles with LED operated ones and keep cigarette lighters and matches far from a child’s grasp. Never leave pots unattended on the stove as they could catch fire. Make sure all smoke detectors are working properly and keep a portable fire extinguisher handy to keep fires from spreading.
Keep all medicines, chemical cleaners, and garden products out of a child’s reach, preferably in a locked cabinet. Label all medications and keep them stored in their original boxes. Store cosmetics and perfumes out of sight as they can pose a threat to small children if inhaled or swallowed.
Slips and Falls
Keep your home free of clutter to avoid tripping and falling. Secure rugs and runners with tape or non-slip pads so they don’t slide about. Install a safety gate on staircases to protect small children from taking a tumble down the stairs.
Always supervise small children in the bathroom, especially when bathing. Keep water heater at 120 degrees F to avoid hot water scalding. Store electric appliances such as hair dryers, electric shavers, etc., out of reach of children. Install grab bars in bathtubs and showers to prevent slipping and falling.
Make sure stairways have ample lighting for safe usage, especially at night. Install night lights in hallways, kitchen, and bathrooms to prevent unnecessary accidents in the dark.
For more accident prevention tips or information on home insurance coverage to protect your family, contact Cordell Insurance in Baton Rouge, LA.