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.
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.
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.
You own a home in Baton Rouge, LA. That’s awesome! While you undoubtedly have at least some form of insurance for your property, it’s all too easy to just sign the paperwork without really knowing the depths of your coverage. In that spirit, Cordell Insurance has listed a few instances of things that are usually not covered in a standard policy.
This is a tricky topic because what is and isn’t covered varies by policy and region. The general rule of thumb is that earthquakes, floods, and mudslides are not covered by a standard homeowner’s policy. Even this can change if you’re in a high-risk area, but you should never assume that these are included. In most cases, if it’s a concern, you can add coverage for any of these instances.
When major damage is caused by something included in your policy, you can count on the policy to do its part in getting problems fixed. This does not, however, apply to routine maintenance. Seasonal routines like changing air conditioning filters or winterizing pipes are not part of your insurance plan. Uncovered issues also include clogged drains, faulty appliances, rust, pest problems, mold, rot and general wear and tear. The insurance plan is there to protect you from calamity, but the responsibility of normal care still falls on the shoulders of the homeowner.
It is not at all uncommon for a policy to cover you in the case of third-party injuries. In fact, you should double check and make sure you have at least some of this coverage because you never want to be fiscally responsible for injuries that happen on your property. There is another side of personal liability, though, and it doesn’t fall under the umbrella of a homeowner’s policy. This is the side of personal liability that relates to defamation, slander and the like. For the most part, there aren’t many insurance policies for homeowners that would cover these issues, but if you want to dig deep, you can always talk to your Cordell Insurance representative to see what might be available. Living in Baton Rouge, LA can often be an adventure after all.
Buying a used car is somewhat of a risk unless you know every owner the car had. One of the problems many people face when buying a used car in Baton Rouge, LA is flood damage. There are many cars sold at auction that have been through floods and are not in the best condition. Superficially they look ideal but check under the hood and throughout the interior, and you will find water marks where the car was submerged.
Buying the Right Car
When you begin to look for a used car, be careful who choose to deal with. Always use reputable dealers who will verify the history of the vehicle. Inspect the vehicle you are looking to buy thoroughly to uncover any potential problems or past damage. You need to find the right car for the right price, that will last you for an extended period.
Getting the Right Insurance
Once you have a vehicle picked out, talk to your insurance agent to see if they can find out anything about the vehicle’s past. Your insurance agent should be able to tell you if the vehicle has anything wrong with it that would prevent them from providing you sufficient coverage. They will also help you get the best possible deal for your money.
Call Cordell Insurance if you have any questions on how to get your “new” used car insured. Serving the residents of Baton Rouge, LA, our office works to make sure each of our clients has the right amount of insurance for the type of car they have purchased. We can also help you uncover possible damage to the car before you buy. Ask your agent today how we can help protect you and the investment you make when you purchase a used vehicle.
Whether you live in an RV full time or simply use one for recreational purposes, purchasing RV insurance is of the utmost importance. A low-cost way to protect one of your most expensive investments, purchasing a quality RV insurance policy now can save you tons of time, money, and effort in the future. Are you curious about the benefits of RV insurance? You’ve come to the right place.
Although many believe that their auto insurance policy provides enough coverage for their RV, they are often mistaken. Given the value of the average RV as compared to the average vehicle, it is clear that the costs to repairs accidents related to an RV could be quite a bit costlier than that of an accident caused by a smaller vehicle. Therefore, purchasing an RV insurance policy is the best way to protect yourself from expensive claims and lawsuits.
Cover a Vast Array of Vehicles
Whether you use your RV for recreation, as a home, have a detachable trailer, an array of connected appliances, or any other combination of factors, RV insurance allows you to make sure each and every part of your vehicle is covered.
As with general auto insurance, clients are able to purchase customized packages that provide the level of coverage they are seeking. This means you are free to pick the policy that provides the coverage most suitable to your financial status as well as coverage goals.
Overall, if you are seeking quality RV insurance in Louisiana , Cordell Insurance is here to serve you. Offering customizable packages for recreational vehicles of all kinds, call, email, or stop in today to get your customized quote and find out how you can save!
For those in Baton Rouge, Louisiana who worry about having enough insurance coverage, purchasing an umbrella insurance policy from a local agent like Cordell Insurance who serves the Baton Rouge, Louisiana area is a great option. However, many don’t even know what an umbrella insurance policy is in the first place, which makes it difficult for them to purchase one. This helpful guide below will not only help you learn all about umbrella insurance policies but whether or not they are right for you and your specific situation and lifestyle.
WHAT IS AN UMBRELLA INSURANCE POLICY?
Umbrella insurance policies are those that cover parts of existing insurance policies that have gaps in them, like auto and home insurance. It’s basically added coverage in areas that are lightly covered by this existing policies. Umbrella policies also cover things like liability, slander and libel threats which could lead to costly and financially damaging lawsuits without their protection.
WHO NEEDS UMBRELLA INSURANCE POLICIES?
People who have relatively high profiles in their personal lives as well as a good amount of money often have umbrella insurance policies, but all types of people who could be vulnerable to lawsuits or extra amounts of liability need them as well. Businesses are especially in need of umbrella insurance so that they can fully protect themselves from a lawsuit from a client or customer.
DO YOU NEED AN UMBRELLA INSURANCE POLICY?
The best way to determine if you need an umbrella insurance policy is to take your individual situation into account and see if an umbrella insurance policy will be helpful to you and any future issues that may arise. Also, think about what your life will be like in the future and whether or not you will live a lifestyle or may end up in a situation where an umbrella insurance policy will be a helpful thing to have.