Otterstedt Insurance Agency Blog | Insurance Questions Answered

Will My Renters Insurance Company Notify My Landlord of a Claim?

Written on August 1, 2015.

While landlords buy insurance to cover the structure of the home and their own liability exposure, landlord insurance won’t cover the personal property or liability for a tenant. If there is a claim of injury or property damage because of negligence, the claimant or the...

Can My Life Insurance Company Cancel My Policy Without Notice?

Written on July 21, 2015.

For many people, life insurance policies are a critical part of planning for the financial security of other family members. After time passes, an insured person may develop an illness that will make it more difficult or even impossible to replace a terminated policy with affordable coverage....

Does the age of your home affect home insurance costs?

Written on July 10, 2015.

Are you considering buying an older home? Perhaps it is the classic structure of a home built several years ago that attracts you. Maybe you are drawn to the charm of an eclectic neighborhood right in the middle of your city or town. However, when looking at these older homes, you should not...

Can a Driver Refuse To Give Insurance Information In a Car Accident?

Written on June 30, 2015.

Getting into a car accident is stressful enough without having to deal with an uncooperative person. However, if the driver refuses to provide you with their insurance information, there are still several options available to you, and you can even retain a lawyer to help pursue a difficult to...

Does My Car Insurance Carrier Get Notified If I Get A Speeding Ticket?

Written on June 15, 2015.

Among the factors that will determine how much a driver will have to pay for their car insurance, the driving record is one of the most critical. The difference between a driving record that is clean and one that is filled with citations could cost hundreds of dollars out of pocket each...

If My Adult Child Borrows My Car, Is He Covered by My Insurance?

Written on May 10, 2015.

If your adult child, or anyone else for that matter, drives your car, the driver is covered by your auto insurance policy. The reason is that car insurance follows the car, not the motorist. This fact has ramifications for you as the owner of the insured car. Here is a look at several...

If I Get in a Car Accident and Someone Sues Me, Can I Lose My House?

Written on April 23, 2015.

If you are involved in a car accident, there is always the chance that litigation may result. Here is a look at the circumstances around personal injury lawsuits after a car accident. When Can I Be Sued? If you were driving the car and caused the accident, it is possible you can get...

Why Does My Auto Insurance Premium go Up If I Have an Accident or Get a Ticket?

Written on April 9, 2015.

Bad news: Insurance companies will most likely raise your rates if you have an accident. Good news: They often don’t raise it if you get a ticket. Here’s a look at how insurance companies decide if your rates will get bumped. Rates and an Accident Car insurance rates don’t...