Otterstedt Insurance Agency Blog | Insurance Questions Answered

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...

Can an Employee Sue my Business if I have Workers Comp?

Written on July 28, 2016.

For the most part, providing workers’ compensation benefits to employees bars those employees from suing your organization if they are injured on the job. It’s one of the many benefits employers receive by offering this valuable insurance coverage to employees. However, there are...

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,...

Does Owning a Pool Affect Insurance Rates?

Written on June 13, 2016.

The idea of owning your own swimming pool may sound like the perfect, most refreshing idea for a summer day. Before you take the dive and start the process, it’s a good idea to explore how pool ownership will impact your insurance rates. The Legalities of Pool Ownership For insurance...

Should I Select My Health Insurer For Auto Personal Injury Protection?

Written on May 31, 2016.

You have many important decisions to make when purchasing auto insurance. Among those decisions is one involving Personal Injury Protection (PIP) coverage. Some people have the option to designate their personal health insurance provider as the primary source for payment of medical expenses in...