What type of life insurance is best for me

Life insurance is something that needs to be customized to each individual person. What is right for one person won’t necessarily be right for another. The amounts will be different and the type of life insurance will also be different. Having an insurance agent who you trust to help you navigate through the questions that need to be asked and the answers that need to be analyzed makes it easier. At HighPointe Insurance Services LLC in Overland Park, KS we believe in empowering our clients by making sure they have the knowledge to make informed insurance decisions. 

Life insurance comes in two main types, whole life, and term life. Both of them have a place in a comprehensive financial plan. Depending on your age and insurance needs we will provide you with the information you need to choose the carrier who provides the best product for you. 

Whole life

Whole life insurance is a policy that lasts for your entire life. The price is fixed and it earns dividends. This means it accumulates cash value. You can borrow against a whole life policy or cash it in for the accumulated value. If savings is something you have trouble with, this is an easy way to save while providing protection to your family. 

Term life

Term life has a term, it can be 10, 20, or 30 years. At the end of the term, you may be able to renew the policy but it won’t be at the original premium. What you are paying for is protection there is no cash value. It is less expensive so if you need large amounts, it is the most affordable. 

Don’t put off looking into life insurance. It is one of the most important things you can do for your family. Give us a call or stop by our office at HighPointe Insurance Services LLC in Overland Park, KS to get your no-obligation quote. 

Commercial Insurance Requirements in Kansas

When it comes to operating a business in Kansas, it is important to understand state-specific rules and regulations to ensure that you operate within the confines of the law and avoid any potential issues. To that end, Kansas requires that any size business must carry workers’ compensation insurance to help cover the cost of medical bills related to workplace injuries and illnesses. However, if your business is involved in the agricultural market or as a gross annual payroll under $20,000 then you are not required to have workers’ compensation insurance. Before deciding not to purchase workers’ compensation insurance, check with a trusted source to ensure that your business remains in compliance with applicable laws. In addition to workers’ compensation insurance, any vehicle owned by the business must be covered by a commercial auto insurance policy. Keep in mind that if you require employees to use their personal vehicles for work-related functions such as deliveries or service appointments then you should strongly consider hired and non-auto insurance as personal auto policies generally exclude business use from coverage. 

Depending on the size of your business and the scope of work it may not be a bad idea to consider additional insurance coverage. For instance, opting for professional liability insurance helps protect your business from negligence, work mistakes, or failure to fulfill a contract whereas cyber liability insurance helps businesses recover from losses associated with data breaches or cyber-attacks. 

When it comes to finding a commercial insurance policy, look no further than the friendly and professional team at HighPointe Insurance Services LLC in Overland Park, KS. We work tirelessly to ensure that each of our customers receives the best care possible and can create customized insurance policies that best meet the demands of your business. 

How Much Home Insurance Do I Need?

Chances are pretty high that your home is going to be your most expensive and valuable asset in your repertoire. Consequently, you need to ensure that you have enough homeowners insurance to protect the entirety of the home in case an accident or natural disaster happens. Keep in mind, that you are not legally required by the state to have homeowners insurance; however, if you have financed your home it is likely a requirement from the mortgage lender. Even if you have bought your home outright and do not have a mortgage, having insurance should be a no brainer because it can help pay for costly repairs to your house. 

When deciding how much homeowners insurance to purchase, you’ll want to start by determining the replacement value of your house. What this means is, determining how much would it cost to rebuild your house to the same condition it is today if something happens to it. Many insurance companies will offer homeowners the opportunity to purchase extended replacement cost coverage which helps protect you if the cost to build in your area experiences a spike because of increased demand or trouble obtaining materials. In addition to dwelling coverage, be sure to have proper liability insurance which pays for lawsuit judgments and settlements against you in cases where you’re sued for injuries at your property or damage claims. As an example, $100,000 may sound like a lot of coverage, but if you are sued for a greater amount than you’ll be on the hook for the difference. 

When it comes to finding the perfect homeowners policy in Overland Park, KS, look no further than HighPointe Insurance Services LLC where our talented team of professionals are ready to help customize the perfect policy for your needs.

Common Auto Insurance Myths Kansas Residents Should Be Aware Of

HighPointe Insurance Services LLC assists the Overland Park KS community by providing insurance coverage to meet their needs. We work with each of our clients to help them find coverage that aligns with their personal situation. In order to offer our clients the best service possible, we have established successful partnerships with several top insurance companies.

Auto Insurance Myths

Auto insurance allows you to protect your asset. The policy covers your vehicle in the event that it is damaged, stolen, or vandalized. You’ll be protected in the event that you are involved in an accident. Unfortunately, there is a lot of misinformation regarding auto insurance policies, so here are some common auto insurance myths to watch out for.

Tickets May Automatically Impact Your Policy

This is inaccurate. As long as you maintain an overall clean driving record, you will not be impacted. Mistakes happen and one ticket will not completely alter things. However, it is important that you avoid getting another ticket.

Vehicle Colors Are Important

The color of your vehicle is not a weighted factor when developing your policy. Things that are taken into consideration include your vehicle’s safety features, model, and body type.

The Policy Covers Any Vehicles That You Use For Business Purposes

If you are using your vehicle for business-related purposes on a regular basis, you may have to explore another type of coverage. Do not assume that your policy covers every aspect of your vehicle’s usage. Research the terms of your policy carefully.

The Possessions In My Vehicle Are Covered

This is incorrect. If you leave some valuable possessions in your vehicle, they are not covered through your auto insurance policy. You can try to amend your policy or seek additional coverage.

HighPointe Insurance Services LLC Will Guide You Through The Process

Stop by our office in Overland Park, KS today and we will help you find coverage for your vehicle.  

Why you need boat insurance in Kansas

In the Overland Park, KS area, there are many great local lakes and waterways that you can enjoy during the warm summer months. When you are looking to enjoy your local waterways, a great way to do it would be by getting your own boat. If you are going to purchase a boat in this area of Kansas, it is very important that you get proper insurance. There are several reasons why you need to get insurance for your boat.

Required by Boat Lender

One reason why you may need to get insurance for your boat is that it could be required by your lender. Buying a boat is always going to be a big purchase that could require you to take out a loan. If you have taken out a loan, the lender will undoubtedly require that you get a full insurance policy as it will protect their collateral.

Local Marinas Could Require Insurance

Even if you do not have a loan, you may still need to get insurance as it could be required by your local marinas. A local marina will want to make sure that you have the ability to pay for restitution if you cause damage to the property or other boats in the area. Due to this, they may require you have a full boat insurance policy. 

There are many reasons to get a boat insurance policy in the Overland Park, KS area. When you are looking for this insurance, you should hire a team that is experienced in helping customers get into appropriate boat insurance policies. The team at HighPointe Insurance Services LLC can help you to choose a policy that is right for your situation. HighPointe Insurance Services LLC is able to do this by assessing your risks and getting a policy that properly mitigates them. 

Reasons you should update your life insurance

Life insurance is something everyone should have. It offers much more than just a death benefit.

As time passes, your situation in life changes, often requiring you to reassess the amount and type of life insurance you have and need. Our experienced team at Highpoint Insurance Group in Dadeville, AL is always here to share their knowledge and help you find what you are looking for. Our experts recommend purchasing life insurance when you are young because this is when the rates will be the most favorable.

Buying a home

Buying a home is the single biggest purchase most people make in their lifetime. A mortgage is a new debt that stays with you for many years to come. You will purchase home insurance to protect the house, but covering the mortgage with life insurance will keep your family from having to worry about paying it. 

Getting married

When you get married, you add another person to your life. You need to update the beneficiary on your policy to include your new spouse. You may want to add additional coverage to be sure they will be taken care of for at least a short time after your passing. 

Having children

Once you have children, it changes everything about your life. One spouse may decide to stay home to care for the children, and your income becomes even more important. Adding enough coverage to make sure your family can continue to thrive is crucial.

These are just a few of the reasons you may want to update your life insurance. You should talk to your agent every year or so to make sure you are adequately covered. Give the office of Highpoint Insurance Group in Dadeville, AL a call to talk about your life insurance needs. We will be happy to get you a quote.

Should I Get Umbrella Insurance?

One form of insurance coverage you may not have but should consider is umbrella insurance. Umbrella insurance isn’t a policy that simply covers one thing. It is used to cover a number of items you own (everything under the umbrella). But is this kind of coverage right for you? Ultimately you will need to decide, but our staff here at HighPointe Insurance Services LLC is here to assist you with this. When you live in or around Overland Park, KS or staff is here to help answer and address all the umbrella insurance questions you might have. 

Umbrella Insurance Coverage

Umbrella insurance is designed to provide you with additional liability protection over what you own. This covers your home, boat, car, RV, and other items you might own. It can also go for the additional drivers who might be behind the wheel of your vehicle. If you have valuable items or you might be the target for potential lawsuits you will want to look into umbrella coverage. Additionally, if you have a younger driver you may want to consider umbrella insurance as well. You will want to make sure both they are you are protected, so in the event of an accident you will have the additional liability coverage. 

You can adjust the kind of umbrella insurance you have and alter it to fit your needs. This way, if you are looking for a specific policy value you likely can find it. 

Insurance Coverage You Need

If you believe you might need umbrella insurance our staff here at HighPointe Insurance Services LLC is ready and waiting to help. Or, if you have additional questions as you’re not fully sure if it is right for you we can answer those questions as well. Whatever questions you might have we want to address them. So, if you call greater Overland Park, KS home and are curious about umbrella insurance and what it can offer, our staff is just a single phone call away. 

RV Insurance Coverage Options for Overland Park, KS Residents

Is RV Insurance Necessary?

Yes, RV insurance is necessary. RV coverage is the equivalent of having insurance for your car or boat. If you intend to get the most from your RV and travel, you are required by law to have a minimum of liability coverage. While liability coverage for your RV is needed, it may not be enough in certain situations.

What is Standard RV Coverage?

Standard RV coverage includes:

  • Collision
  • Liability
  • Comprehensive
  • Uninsured, underinsured motorists
  • Personal belongings
  • Equipment and attached accessories
  • Emergency expenses
  • Towing and roadside assistance

Collision – Collision coverage is essential for repairing your RV if you’re involved in a car accident.

Liability – If you’re at fault for a car accident, liability coverage handles the damages to the other party’s vehicle.

Comprehensive – Comprehensive coverage includes everything that collision does not cover.

Uninsured and Underinsured Motorist – Although insurance coverage is required by law, not everyone carries insurance, which is the purpose of insured and underinsured coverage.

Personal Belongings – this coverage is essential if you’re interested in RVing full-time. Personal belongings insurance covers your RV if it sustains damage due to a crime, accident, or natural disaster.

Equipment and Attached Accessories – this insurance provides coverage for your RV’s accessories, including bicycles, trailers, awnings, satellite dishes, and similar items.

Emergency Expenses – Emergency coverage is insurance that handles the cost of damages if you’re involved in a car accident.

Towing and Roadside Assistance – Emergencies happen, but sometimes the only you need is a quick fix. Whether you find yourself stranded on the side of the road, have a flat tire, or experience car trouble of any kind, towing and roadside assistance is there to make the necessary minor repairs or haul your car to a shop.

Here at HighPointe Insurance, we understand your need for reasonable and reliable insurance policies. We provide Overland Park, KS residents with RV insurance, and a variety of other insurance solutions. Contact us today to inquire about the insurance policies we offer. HighPointe Insurance looks forward to helping you.

Is condo insurance required in Kansas?

Your condo in Overland Park, KS speaks of your hard work and diligence. It is important that you have condo insurance to protect yourself from financial losses in the instance that it is damaged. The agents at HighPointe Insurance Services LLC can help you find the condo insurance policy that works with your budget and lifestyle. 

Is condo insurance required in Kansas?

Condo insurance is similar to home insurance in that it is not always required. You do not absolutely need condo insurance if you own your condo. Mortgage companies, however, require borrowers to maintain an indemnity plan that pays for significant damages to the structure of the residence. 

You should consider purchasing condo insurance even if you own your residence. One pipe leak can lead to thousands of financial losses without a good indemnity plan. 

How much condo insurance do you need?

The amount of condo insurance you may need depends on a number of factors. First, you should consider the valuables in your home. You want a plan that pays to replace items that are damaged beyond repair. 

Second, you should purchase a condo insurance plan that pays for relocation in the instance that your residence is uninhabitable. The best policies require minimal out-of-pocket payments. Some plans even offer discounted rates if you must pay for some hotel expenses. 

Call HighPointe Insurance Services LLC

The agents at HighPointe understand how much your condo means to you and the family. They can help you find the policy that protects you when you need it the most. Call today to get started with a quote for condo insurance coverage in Overland Park, KS.

When to Buy Renters Insurance

Renters insurance can often feel like an unnecessary expense for those living in a property that they don’t own. However, the consequences of failing to purchase it can end up being more than renters may anticipate. If you’re in Overland Park, KS, HighPointe Insurance Services LLC wants you to consider the following. 

Property Insurance Vs. Renters Insurance 

The landlord is required to have insurance for their property, but they’re not required to have insurance to cover your things. From your laptop to your TV to your couch, you likely have more value wrapped up in your personal possessions than you think. And while some of your things may have depreciated over time, that doesn’t mean you’re ready to replace them. It makes sense to purchase renters insurance if you don’t want to be stuck taking care of everything in the case of theft, vandalism, or damage from covered events. 

Liability Insurance 

Renters insurance can do more than cover your things in the case of loss, it can also help you if you’re accused of being at fault for accidents or injury. So whether a neighbor trips over a stray step stool by the door or they leave your home after having too much to drink, you’ll be able to call on a professional rather than handling it on your own. 

Getting Help 

There’s are countless reasons to put off renter’s insurance, but you can take action today. This preventative measure is an investment in more than your things — it’s an investment in you and your future. HighPointe Insurance Services LLC wants the people of Overland Park, KS to understand the risks of renting, and how they can keep themselves from hot water.  Call us today if you have questions or you’re looking for a renters insurance quote.