Personal Insurance Archives - Page 11 Of 14 - Otterstedt Insurance Agency

How Do Insurance Companies Determine Home Replacement Value?

Written on November 29, 2016.

A home is the single biggest investment you’re likely to make in your lifetime. It’s important to protect that investment. This means that you need to not only have insurance protection, but also have an appropriate amount of insurance coverage so that if your home is damaged or needs to be...

How Do Car Insurance Deductibles Work?

Written on November 15, 2016.

When buying car insurance you’ll hear a lot of unfamiliar words along with some that seem familiar. One of those words, deductible, can be instrumental in determining your auto insurance premiums as well as how much you pay out of your pocket when accidents occur. Choosing the right deductible...

What Does Gap Insurance Cover?

Written on October 13, 2016.

Gap insurance is one type of insurance coverage that might puzzle many drivers. Understanding what this type of coverage does and does not protect will help you make an informed decision about whether it’s the right choice for you. In order to discuss what gap insurance covers, it is best...

How Do Insurance Companies Determine The Value of a Totaled Car?

Written on September 12, 2016.

When you are in an accident that does sufficient damage to your car, the insurance company considers the car a total loss. That does not necessarily mean you get the full retail value of your vehicle from the insurance company. Instead, you receive an amount, determined by the insurance...

Should I Purchase Rental Car Insurance?

Written on August 24, 2016.

Renting a car can be confusing. When you are standing at the rental car counter and are in the process of filling out your paperwork to rent the car, oftentimes you will experience a high-pressure pitch to purchase rental car insurance. But is this something you really need to buy? There are a...

Renting Your House With Airbnb? Make Sure You Are Insured Properly

Written on August 5, 2016.

Are you renting out your home through Airbnb? It’s tempting to put your empty home to work earning money for you. Or even a room recently vacated by a college-bound student. Just be sure, before you dive into an agreement, that you have the right kind of insurance to protect your family should...

What Optional or Extended Coverage Can I Purchase as Part of a Homeowners Policy?

Written on July 24, 2016.

While the average homeowner’s insurance policy does hit most of the basics to spare your family from financial devastation when certain covered events take place, they don’t eliminate all risks. In fact, some of them leave a few more coverage weaknesses than the average homeowner is comfortable...

How to Lower Car Insurance for Teenagers

Written on July 14, 2016.

For many teens, getting a driver’s license is the first of many important rites of passage. For their parents, on the other hand, it opens a new world of fears and concerns. Aside from the safety concerns, there are concerns over auto insurance and the impact of adding a teen driver to your...

Will My Insurance Pay To Have a Dangerous Tree Removed?

Written on June 29, 2016.

Tree are quite common around houses and in communities throughout the U.S. Occasionally time, disease, and the elements take a toll on trees, turning them into dangers to your own property or the property of others. Does Insurance Pay for the Removal of Standing Trees? Most home insurance...

Is Damage From A Hurricane Covered?

Written on June 22, 2016.

While hurricanes can occur at any time of year, the main season for hurricanes is June through November. Historically, these are the dates when tropical activity is most likely to occur. Before hurricane season gets fully into swing, it’s a good idea for anyone living in a coastal community,...