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Life Insurance FAQs
If you don’t have questions about life insurance, you must be an insurance agent. Most people have lots of questions and having an independent insurance agent who they can trust is important. Our team at Trestle Insurance Agency Inc. in Evansville, IN is here to answer your questions and provide the support you require.
Life Insurance FAQs
Why do I need life insurance?
Life insurance is designed to pay a death benefit to the beneficiary of your life insurance policy. It allows you to provide security for your loved ones when you are not there to provide for them. It can also pay for your final expenses so that your loved ones are not saddled with expenses they may be unable to pay. Think about those who count on you when deciding how much life insurance you need.
Do I need more life insurance than my work provides?
Life insurance provides financial security for your family. Do you really want your employer to determine how much support your family will need? What happens if you get laid off or change employers? What then? It is always a good idea to have your own life insurance and to consider what is provided by your employer as a nice bonus that can help your family.
Can I get life insurance without a physical?
The simple answer is yes, but there is a caveat. You will pay more for life insurance than you purchase without a physical, and you may not be able to get the amount that you need. You will still have to answer health questions, and you need to be honest. Only get this type of life insurance as a last resort.
Call Today To Discuss Your Options
Contact Trestle Insurance Agency Inc. in Evansville, IN when the time is right to discuss your life insurance. Let us give you a no-obligation quote today.
Climate Change and Home Insurance: What You Need to Know
As the impacts of climate change intensify, homes face new and heightened risks, prompting a critical reassessment of home insurance coverage. Here at Trestle Insurance Agency Inc., serving the greater Evansville, IN area, we want to help you understand climate change and its implications for homeowners.
Rising Threats: Extreme Weather Events
Climate change is amplifying the frequency and intensity of extreme weather events. From hurricanes and wildfires to severe storms, homes are increasingly vulnerable to these threats. Traditional home insurance policies may fall short of providing adequate coverage for the damages incurred during such events.
Specialized Coverage: Tailoring Protection to Climate Risks
Recognizing the changing climate landscape, homeowners are urged to explore specialized insurance coverage. This may include policies specifically designed to address the risks associated with extreme weather events, flooding, and other climate-related perils. These tailored solutions provide a more comprehensive safety net, aligning with the evolving realities of climate change.
Mitigating Risks: Homeowner Preparedness Beyond insurance, proactive homeowner preparedness is paramount. Implementing measures such as home fortifications, storm-resistant infrastructure, and sustainable landscaping can help mitigate risks. Additionally, staying informed about climate-related risks in your region and adapting your home accordingly enhances overall resilience.
We Are Here To Help
The intersection of climate change and home insurance underscores the need for a proactive and adaptable approach. Homeowners must recognize the evolving risks, explore specialized coverage options, and actively engage in strategies to fortify their homes against the changing climate. If you’re looking to purchase a home insurance policy that protects you and your home from elements common to climate change, reach out to Trestle Insurance Agency Inc., serving the greater Evansville, IN area today.
Liability Coverage From Renter’s Insurance
When you get renter’s insurance, there are a number of different types of coverage that will be included in it. Chief among them is protection for your belongings against damage and paying for a place to live if the home becomes uninhabitable for a while. In addition to these, there is an amount of liability insurance that comes as a part of the policy. When you want to make sure you’re covered as a renter, call us at Trestle Insurance Agency Inc. in Evansville, IN to find out more.
Liability for Renters
A lot of things can happen to people inside your rented home. When you have people over, have a worker present, etc., there’s always the possibility that they could have an accident there. If they were injured in an accident, you would have liability for the costs that are involved. There may be a number of different types of bills after an accident with injuries, and they can be sky-high. Medical bills alone can be extremely high. Many renters would have a hard time paying for these bills. It could mean serious financial strain that can cause you financial problems for a long time.
Bills You May Owe
The medical bills are generally what people think about when they think of liability for an accident. However, they aren’t the only bills that you may need to pay. You may owe for the person’s lost wages as well as any legal bills they incur because of the accident. There may also be bills for ongoing therapies such as physical therapy. Your renter’s insurance can cover these bills to help prevent a financial disaster for you.
Get Renter’s Insurance
Every renter needs protection for their possessions and their liability, and renter’s insurance provides it. To get started, call us at Trestle Insurance Agency Inc. in Evansville, IN.
Motorcycles Vs. Motor – Driven Cycles: What’s the Difference?
Indiana’s drivers of motorcycles and motor-driven cycles may be interested in learning the distinctions between the two vehicle types. A motorcycle is a vehicle that has a saddle or a seat for its driver. It is able to move with the use of 2–3 wheels. To legally operate a motorcycle, the driver must have a motorcycle endorsement added to their driver’s license.
We Are Here To Help
Motorcycle riders are required to carry insurance. At Trestle Insurance Agency Inc., we can answer any of your questions about motorcycle laws and insurance. Evansville, IN motorcycle drivers can find help from our trained agents to understand Indiana regulations about your options for insurance. Motorcycle drivers are required to carry bodily injury and property damage coverage, but liability experience is also needed.
A motor-driven cycle also has a seat or saddle and travels on 2 – 3 wheels. The main difference between motor-driven cycle vehicles and motorcycles is their cylinder capacities. The cylinder capacity of a motor-driven cycle can’t exceed 50 cubic centimeters. Motor-driven cycles can be operated by drivers aged 15 or older.
The top speed at which motor-driven vehicles can be operated is 35. Passengers aren’t permitted in those vehicles. A motor-driven cycle can’t be operated on a highway or sidewalk. Both motorcycles and motor-driven cycles require the use of a helmet for drivers under 18 years old.
Trestle Insurance Agency is a family-owned insurance agency serving Evansville, IN drivers for over 50 years. Our agents will be happy to talk with you about all the specific applications of your insurance options. Our mission is to provide the protection you need at a price you can afford. Call us today and allow us to answer your motorcycle insurance questions.
What To Look For In Indiana Boat Insurance
Indiana residents love water sports and lakes in the sun that hurt the eyes. While the state doesn’t require boat insurance, it’s still a good idea in case you run across something for which you weren’t prepared. For instance, if your policy doesn’t cover weather hazards, then you’re out of the money to repair your boat from hail damage. Trestle Insurance Agency Inc., serving the greater Evansville, IN community, explains what to look for in boat insurance.
Specific Boat Coverage
Most policies cover collision and comprehensive, which simply means that the vessel is covered in case of collision, fire, theft, vandalism, and weather damages such as tornado damages. You’ll have this coverage if you’re paying on the vessel. That’s the only similarity, however, between home, auto, and boat insurance.
Specific boat coverage means that if there’s a mishap while towing the boat on its trailer to a body of water, your auto insurance policy will cover said mishap. It has nothing to do with the actual vessel. It also means that your boat won’t be covered on every body of water. If you take it into a country south of the U.S., for example, don’t look for insurance in case of an emergency. The waters of the U.S. and Canada are covered.
You might want to consider extra coverage for towing when a boat is dead on the water.
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Did you know that if your boat sinks, your boat insurance will handle recovering the wreckage as well as any fuel spilled in the accident?
Go on out and enjoy those sparkling waters as you ski and ride the waves. Trestle Insurance Agency Inc. in Evansville, IN has you covered, so call or come in for more information on boat insurance.
What is the benefit that comes with getting umbrella insurance in Indiana?
For those that are in the Evansville, IN area, having proper insurance is always beneficial. One type of coverage that all people in this area need to ensure that they get is umbrella insurance. This is a unique form of liability coverage that offers a variety of benefits that make it well worth the investment.
Coverage Against Serious Claims
One of the top benefits that will come when you sign an umbrella insurance agreement and get coverage is that you will have support against serious claims. If you end up being named liable in a home or auto-related accident, you will have coverage through your home or auto insurance plans. However, the damages can exceed the policy limits. When this occurs, you will benefit from having umbrella insurance as it will provide additional coverage on top of your existing policies.
Broad Plan Coverage
Having an umbrella plan is also a good idea as it can offer very broad coverage. When you have an umbrella policy, it will provide you with liability support for a wide range of risks that would not be covered under other insurance liability policies. This can include risks such as slander, which are harder to prepare for. With umbrella coverage, you will receive blanket support and peace of mind.
Reach Out To Us
It is important for individuals in the Evansville, IN area to carry umbrella insurance, particularly if they own valuable assets or have specific liability concerns. When seeking this liability coverage, calling out to our team at Trestle Insurance Agency Inc. is a good decision. There are numerous options to look at when shopping for umbrella insurance, and our experienced team at Trestle Insurance Agency Inc. can help you in building a customized policy that provides the necessary support for your specific needs.
Coverage you can add to a basic auto policy
For some people, a basic auto policy is the right choice. For others, it is just wrong. The basic amount of auto insurance every driver in Evansville, IN must have is 25/50/25. This is strictly liability coverage protecting other drivers from you in an accident you are held responsible for. At Trestle Insurance Agency Inc. we realize all of our customers have different requirements when it comes to auto insurance and will help ensure you have the right coverage for you.
Auto Insurance Add-ons
Collision
Collision coverage is the auto insurance coverage that pays to repair your vehicle in an accident for which you are responsible. It also covers hit-and-run.
Comprehensive
Comprehensive coverage offers a variety of different types of coverage. It has basic glass coverage, theft, and vandalism protection. It also covers a few weather-related events, including floods, wind, and hail.
Rental car coverage
If your vehicle is damaged in an accident where you are at fault, you will need to have something to drive while your vehicle is repaired. This is the coverage that does that.
Gap insurance
If you have a new vehicle and an auto loan, your coverage may not be enough to pay off what you owe. This coverage will make sure that you are not caught owing money and not having a vehicle.
Full glass coverage
This coverage will replace your windshield without your having to pay the deductible which comes with comprehensive coverage.
Roadside assistance
Roadside assistance is just what it sounds like, the same type of coverage that you would get from the auto club that most people have. You can get a jump start on your car or get a flat time fixed.
We Are Here To Help
Contact Trestles Insurance Agency Inc. for all your auto insurance needs in Evansville, IN. Give us a call today.
Can I get life insurance if I’ve have cancer?
A cancer diagnosis may make you wonder if it’s too late to get life insurance in Evansville, IN. Even if you currently have cancer or have had it in the past, getting life insurance is still possible. However, there are some nuances you should know before applying for life insurance as a cancer survivor. Trestle Insurance Agency Inc. explains what you need to know to get life insurance as a cancer patient or survivor.
Life Insurance & Cancer
Insurance companies use different guidelines to evaluate a potential policyholder’s risk, so getting coverage will ultimately depend on the severity of your cancer, the type of cancer, and the length of time since treatment. If you’re currently undergoing cancer treatment, getting life insurance coverage might not be possible. However, many insurance companies offer cancer survivors life insurance policies.
When applying for life insurance as a cancer survivor, the provider will want your medical history, including your cancer diagnosis and treatment. The insurance provider will use this information to determine your coverage eligibility and set a premium that reflects the risk associated with insuring you. The cost of life insurance premiums for cancer survivors can be higher than for someone who hasn’t had cancer.
Reach Out To Us
Having cancer doesn’t mean you can’t get life insurance in Evansville, IN. It can be more challenging, but there are life insurance providers who offer specialized coverage. If you’re a cancer survivor, it’s important to research and work with a reliable insurance provider to find the right coverage at an affordable price.
At Trestle Insurance Agency Inc., we are here to help you with your life insurance needs, including offering guidance on policies suited for cancer patients or survivors. Contact us today with your questions; we would gladly assist!
Is home insurance required after I’ve paid off my mortgage?
When you borrow money to buy a home in Evansville, IN, the mortgage holder requires you to maintain home insurance. Do you still need it now that you’ve paid off your mortgage?
While home insurance is not required by law in Indiana, we at Trestle Insurance Agency Inc. believe there are good reasons to keep your home insurance.
Benefits of Home Insurance
Home Insurance and Homeowners Associations
If you live in a community with a homeowners association (HOA), you may be required to have home insurance even if you’ve paid off your mortgage. The HOA may require insurance coverage to protect against common area losses, liability claims, and other issues. It’s important to check with your HOA to determine what insurance requirements are in place.
Protection of Your Investment
A home is a big investment, and it’s one that you want to protect for the long haul. While home insurance may seem like an unnecessary expense once you own your home outright, it’s still essential if you want to ensure that your investment is protected. Home insurance can help you repair or rebuild your home if it’s damaged by a covered peril such as fire, hail, or windstorm. Without insurance, you would have to pay for these repairs out of your pocket, which could be financially devastating.
Peace of Mind
Finally, home insurance provides peace of mind in Evansville, IN. With insurance coverage, you don’t have to worry about what will happen if disaster strikes. You know you’re protected and can rest easy knowing you have the financial resources to repair or rebuild your home if necessary. For many homeowners, this peace of mind is priceless.
We Are Here To Help!
Contact Trestle Insurance Agency Inc. today to learn more about home insurance options and how we can help you protect your home and your family.
