What Kind Vehicle Insurance
/ By Charlene Echerivel / Vehicle Insurance/ / 0 Comments

What Kind Vehicle Insurance Do I Need?

What Kind Vehicle Insurance

Vehicle insurance is an essential part of car ownership. It is a legal requirement in most countries, and it helps protect you financially in case of an accident or damage to your vehicle. However, with so many types of insurance policies available, it can be overwhelming to know what kind of coverage you need. In this blog, we'll take a look at the different types of vehicle insurance and help you determine which one is right for you.

Liability Insurance

Liability insurance is the most basic type of vehicle insurance that is required by law in most countries. It covers the damages caused to other people and their property if you are at fault in an accident. It does not cover damages to your own vehicle or injuries to yourself.

Liability Insurance

Collision Insurance

Collision insurance covers the damages caused to your vehicle in case of an accident, regardless of who is at fault. This type of insurance can be useful if you have a new or expensive vehicle that would be costly to repair or replace.

Comprehensive Insurance

Comprehensive insurance covers damages to your vehicle that are not related to accidents, such as theft, vandalism, or natural disasters. This type of insurance can be useful if you live in an area with a high risk of theft or natural disasters.

Comprehensive Insurance

Personal Injury Protection (PIP)

Personal Injury Protection or PIP insurance covers medical expenses and lost wages for you and your passengers in case of an accident, regardless of who is at fault. This type of insurance can be useful if you do not have health insurance or if you have a high deductible.

Uninsured/Underinsured Motorist Coverage

Uninsured/Underinsured Motorist Coverage protects you if you are involved in an accident with a driver who does not have insurance or has insufficient insurance to cover the damages. It can also cover hit-and-run accidents.

Uninsured Underinsured Motorist Coverage

In conclusion, the type of vehicle insurance you need depends on your individual circumstances and budget. It is important to understand the different types of coverage available and to choose a policy that provides adequate protection for you and your vehicle. Consider consulting with an insurance agent to help you determine which policy is right for you.

Coastal Property Insurance
/ By Charlene Echerivel / Home Insurance/ • • • / 0 Comments

All About Coastal Property Insurance

Coastal Property Insurance

Coastal property insurance is a type of insurance that provides protection to homeowners and businesses located in coastal areas against losses that may result from natural disasters and weather-related events such as hurricanes, floods, and storms. Property owners living near the coast need to consider purchasing coastal property insurance to protect their property.

The cost of coastal property insurance varies depending on several factors, such as the location of the property, the age of the property, the type of construction, and the insurance coverage limit. In some areas, such as hurricane-prone regions, the cost of coastal property insurance can be higher than in other regions.

How location of the property effects insurance

It is essential to understand what types of events are covered by coastal property insurance policies. For instance, many coastal property insurance policies do not cover losses resulting from flooding, which is a significant risk for properties located near the coast. Property owners may need to purchase separate insurance for other events, such as a flood insurance policy.

It is also important to note that coastal property insurance policies often have deductibles that can be significantly higher than deductibles for other types of insurance policies. This means that property owners may need to pay a higher out-of-pocket expense before the insurance coverage kicks in. Property owners should carefully review their insurance policies and understand their deductibles to avoid any surprises when filing a claim.

Coastal Property Deductibles

In conclusion, coastal property insurance is highly valuable for homeowners and businesses located in coastal areas. It provides protection against losses resulting from natural disasters and weather-related events. Contact Intelli Choice today to ensure you have the appropriate insurance coverage to protect your investments. We have the expertise and knowledge to offer customized insurance policies that meet the unique needs of coastal property owners.

Insurance Claims A Guide to Filing
/ By Charlene Echerivel / Commercial Insurance • Disaster Coverage • Home Insurance • Personal Insurance • Vehicle Insurance/ / 0 Comments

Navigating the Path to Successful Insurance Claims: A Guide to Filing with Confidence

Insurance Claims A Guide to Filing

As a Dave Ramsey trusted provider, Intelli Choice Insurance is committed to providing valuable, expert advice to our customers. Today, we'll walk you through the process of filing an insurance claim, whether you're dealing with homeowners or auto insurance, and events such as floods or auto accidents. We'll cover everything from gathering the necessary information to receiving your payout.

Be Prepared: Gather and Store Important Information

Before an emergency strikes, it's important to have all the necessary information ready. Here's a checklist of what you should gather and store:

Insurance policy numbers and documents
Insurance company contact information
Emergency contacts (e.g., medical, legal, or financial professionals)
Digital copies of essential documents (e.g., birth certificates, property deeds, or vehicle titles)

Keep both physical and digital copies of these documents in a secure place, such as a fireproof safe or encrypted cloud storage.

Important information for insurance claims

Initiating the Claim Process: Where to Start

When you need to file a claim, your first step should be contacting your insurance agent or carrier. They will guide you through the process and help determine the type of claim you need to file.
If you're dealing with a natural disaster or widespread event, be prepared for higher call volumes and potential wait times. In this case, it might be helpful to review your policy documents and prepare any necessary information in advance.

Timing Matters: When to File a Claim

Most insurance policies require you to file a claim as soon as reasonably possible after an incident. Delaying the claim process could result in the denial of coverage or reduced payouts.
Keep in mind that each state has specific deadlines for filing insurance claims, which may vary depending on the type of coverage and event. Consult with your insurance agent or carrier for guidance on filing deadlines.

When to File a Claim

The Essentials: What Information You'll Need

To ensure a smooth claims process, gather the following information:

Your policy number and insurance information
A detailed description of the incident, including date, time, and location
Photos or videos of the damage, if applicable
Witness statements, if available
Repair estimates, if applicable
Police or incident reports, if applicable

Receiving Your Payout: How Soon Will You Get Paid?

The timeline for receiving your insurance payout varies depending on the type of claim, your insurer, and the complexity of the incident. Most insurance companies aim to resolve claims promptly, often within 30 days of filing.
In some cases, such as natural disasters or widespread events, the claims process may take longer due to the volume of claims being processed. Stay in touch with your insurance agent or carrier for updates on the status of your claim.

How Soon Will You Get Paid from an Insurance Claim

By following these guidelines and partnering with a trusted insurance provider like Intelli Choice Insurance, you can confidently navigate the insurance claim process. No matter what life throws your way, rest assured that we're here to help protect your most valuable assets.
Don't hesitate to contact us today for assistance with the claim process. Our team of knowledgeable experts is ready to support you every step of the way.

Homeowners Insurance May Not Cover You in the Case of Flooding
/ By Charlene Echerivel / Disaster Coverage/ • / 0 Comments

Homeowner’s Insurance May Not Cover You In The Case of Floods

Homeowners Insurance May Not Cover You in the Case of Flooding

Homeowner's insurance is a great way to cover your property in case of disasters like theft, fire, and hail. However, floods in the United States cumulatively cause billions of dollars of damage per year, and yet they are almost never covered by standard homeowner's policies. If you live in an area prone to flooding you may be taking an unnecessary risk by passing up flood insurance, which can not only protect the value of your home but your possessions inside as well. If you are planning to buy a home in a potential flood zone as designated by FEMA, your lender may even require that you maintain active flood insurance.

WHY FLOOD INSURANCE MAY BE REQUIRED IN THE GREATER CINCINNATI AREA

Many areas of Cincinnati are particularly vulnerable to flooding due to their low-lying landscape and proximity to bodies of water such as the Little Miami River. During extreme weather events, these areas can quickly become overwhelmed and massive damage can result.

Flooding may not be covered

FEBRUARY IS ONE OF THE WORST MONTHS FOR FLOODS DUE TO SNOW MELTS

Snow melt-offs can be particularly devastating and can trigger flash floods; the Ohio River has a documented history of reaching flood levels over the first half of the year. If the temperature rises too quickly following a heavy snowfall, a rapid thawing process can result in quickly rising streams and rivers. This is especially true in areas with high elevation, as the melting snow has nowhere else to go but downstream. If the precipitation continues in the form of rain following the melt-off, this can exacerbate the problem and catastrophic flooding conditions can ensue. Additionally, run-off from urban streets and other impermeable surfaces can feed into bodies of water, causing them to overflow their banks even more quickly.

HOW YOU CAN PROTECT YOURSELF

Flooding can cause massive damage to not only your possessions but also the support system and infrastructure of your home. Intelli Choice Insurance is in the business of providing peace of mind that you will be covered whenever disaster strikes.

As a Dave Ramsey endorsed provider, our processes and service have been reviewed to ensure that they are worthy of this recommendation and carry a client-centered mentality. Please feel free to reach out for a quote and to ask any questions about how we can best cover you.

Shopping for Car Insurance
/ By Charlene Echerivel / Vehicle Insurance/ / 0 Comments

Shopping for Car Insurance

Shopping for Car Insurance

Shopping for car insurance can be a daunting task, especially if you're new to the process. With so many options to choose from, it can be overwhelming to know where to start. But with a little bit of knowledge and some helpful tips, you can find the right coverage for your needs and budget.

Understand What You Need

The first step to shopping for car insurance is to understand what you need. Consider the minimum requirements in your state and assess the risks you face on the road. Then, think about any additional coverage you may need, such as collision or comprehensive coverage. Once you have a good idea of what you need, you can begin to compare quotes from different insurers.

Understand What You Need from Insurance

Affordability

When comparing quotes, it's important to look beyond the price. While affordability is a key consideration, you also want to make sure you're getting the coverage you need. Look at the policy's limits and deductibles, as well as any additional features or benefits that may be included. You should also check the financial stability of the insurer to ensure they can pay out claims if needed.

Customer Service

Another important factor to consider when shopping for car insurance is the level of customer service you can expect. Check out online reviews to see what other customers have to say about their experiences with different insurers. You can also call or email insurers to gauge their responsiveness and willingness to answer your questions.

Customer Service When Shopping for Insurance

Discounts

Finally, be sure to ask about discounts. Many insurers offer discounts for safe driving, multiple policies, and other factors. Taking advantage of these discounts can help you save money on your premium.

In summary, shopping for car insurance can be a daunting process, but it doesn't have to be. By understanding your needs, comparing quotes, considering customer service, and asking about discounts, you can find the right coverage for your needs and budget.

Understanding The Basics Of Life Insurance
/ By Charlene Echerivel / Life Insurance/ • • / 0 Comments

Understanding The Basics Of Life Insurance

Understanding The Basics Of Life Insurance

Life insurance is a policy that pays a benefit to your loved ones upon your death. It is designed to provide financial protection to your family in the event of your untimely demise. Understanding the basics of life insurance can help you make informed decisions about protecting your loved ones’ financial future.

Term Life Insurance

The two most common types of life insurance policies are term life insurance and permanent life insurance. Term life insurance provides coverage for a specific period, such as 10, 20, or 30 years. If you die during the term, your beneficiaries receive a payout. If you outlive the term, the policy expires and you receive nothing. Term life insurance is generally less expensive than permanent life insurance.

Term and Permanent Life Insurance

Permanent Life Insurance

Permanent life insurance, on the other hand, provides coverage for your entire life. It also has a savings component, which allows you to accumulate cash value over time. This cash value can be used for a variety of purposes, such as paying premiums, taking out loans, or withdrawing funds. Permanent life insurance is generally more expensive than term life insurance.

The Right Amount of Coverage

When choosing a life insurance policy, it’s important to consider the amount of coverage you need. A general rule of thumb is to have enough coverage to replace your income for at least 10 years. You should also consider any debts or other financial obligations you may have, such as a mortgage or children’s college tuition.

The Right Amount of Coverage

Financial Strength

Another important factor to consider is the insurance company’s financial strength and reputation. You want to choose a company that has a strong financial rating and a history of paying out claims in a timely manner.

In conclusion, life insurance is an important financial tool that can provide peace of mind and security for your loved ones. By understanding the basics of life insurance, you can make informed decisions about protecting your family’s financial future.

What Homeowner’s Insurance Coverage Should I Have
/ By Charlene Echerivel / Disaster Coverage • Home Insurance/ • / 0 Comments

What Homeowner’s Insurance Coverage Should I Have

What Homeowner’s Insurance Coverage Should I Have

As a homeowner, it's important to have adequate insurance coverage to protect your investment and personal belongings in the event of an unexpected event such as a fire, theft, or natural disaster. While insurance policies can be complex and vary depending on your specific needs, here are some key areas to consider when choosing your homeowner's insurance coverage:

This coverage is designed to protect the physical structure of your home in case of damage or destruction. It includes repairs or rebuilding of the house, as well as any attached structures such as garages, decks, or porches. The amount of dwelling coverage you need should be based on the estimated cost of rebuilding your home, not the current market value.

Dwelling coverage

This coverage is intended to protect your personal belongings, such as furniture, electronics, clothing, and jewelry, in the event of theft, fire, or other covered events. The amount of personal property coverage you need will depend on the value of your belongings, and it's important to take inventory and document everything you own to ensure adequate coverage.

Liability coverage protects you in case someone is injured on your property, or if you or a family member accidentally cause damage to someone else's property. This coverage can also provide legal representation if you are sued. Liability coverage typically starts at $100,000, but many experts recommend purchasing at least $300,000 in coverage.

Liability coverage

If your home becomes uninhabitable due to a covered loss, additional living expenses coverage can help pay for temporary housing, food, and other living expenses until your home is repaired or rebuilt.

Depending on your location, you may need to purchase separate flood insurance coverage to protect your home and personal belongings from flood damage. Standard homeowner's insurance policies typically do not cover flood damage.

Flood insurance

Similarly, if you live in an area prone to earthquakes, you may need to purchase separate earthquake insurance coverage.

In addition to these key areas of coverage, there may be other options available to you depending on your needs, such as scheduled personal property coverage for high-value items, or identity theft coverage. It's important to work with an experienced insurance agent who can help you assess your specific needs and ensure that you have adequate coverage in place to protect your home and assets.

Surprising Things Insurance Will Not Cover
/ By Charlene Echerivel / Commercial Insurance • Disaster Coverage • Home Insurance • Life Insurance • Personal Insurance • Vehicle Insurance/ • • / 0 Comments

Surprising Things Insurance Will Not Cover

Surprising Things Insurance Will Not Cover

Insurance is a type of contract that provides financial protection to the policyholder against future uncertainties. It is designed to help individuals and businesses manage risks and minimize potential financial losses. However, there are some surprising things that insurance may not cover, which individuals should be aware of to avoid being caught off guard.

Intentional Acts

One of the surprising things that insurance may not cover is intentional acts. Insurance policies typically cover accidental damage or loss, but they do not cover intentional acts. For instance, if you deliberately damage your own property or cause harm to another person or their property, your insurance policy may not provide coverage.

Intentional Acts are not covered by insurance

Natural Disasters

Another thing that insurance may not cover is certain types of natural disasters. While most insurance policies cover natural disasters like hurricanes, earthquakes, and floods, there are some events that may not be covered. For instance, some policies do not cover damage caused by landslides, sinkholes, or volcanic eruptions.

Pests or Insects

Insurance may also not cover damages caused by pests or insects. If your home is infested with termites or rodents, your insurance policy may not cover the damage caused by these pests. This is because insurance policies typically do not cover damages caused by wear and tear or neglect.

pests or insects are not covered by insurance

Cybercrime

Additionally, insurance may not cover damages caused by cybercrime. If your personal or business information is stolen or hacked, your insurance policy may not cover the resulting financial losses. While some insurance companies offer cyber insurance policies, they may not cover all types of cybercrime.

Damage Caused by Recreational Vehicles

Lastly, insurance may not cover damages caused by certain types of vehicles. If you own a recreational vehicle or a high-performance sports car, your insurance policy may not cover damages caused by these vehicles. This is because these vehicles are considered high-risk and may require additional coverage.

In conclusion, insurance is an essential tool to manage risks and protect against financial losses. However, it is important to understand what insurance policies cover and what they do not. Knowing what insurance may not cover can help individuals and businesses make informed decisions about their insurance needs and take appropriate measures to minimize potential financial losses.

3 Surprising Things Insurance Can Cover
/ By Charlene Echerivel / Commercial Insurance • Disaster Coverage • Personal Insurance/ / 0 Comments

3 Surprising Things Insurance Can Cover

3 Surprising Things Insurance Can Cover

The Unusual Trio: 3 Surprising Things Insurance Can Cover

When it comes to insurance, many people think about the standard types such as life, auto, and health. However, insurance policies can cover a wide array of unique and unexpected situations.

Here are three surprising things that some insurance policies cover, which showcase the versatility of the industry and might inspire you to look more closely at your insurance options.

Alien Abduction Insurance

Believe it or not, some insurers offer coverage for alien abductions. This unusual policy was first introduced in the 1980s and has gained traction over the years, primarily as a novelty item. Policyholders who can provide proof of their extraterrestrial experience, such as an implant or eyewitness accounts, may receive compensation. While the likelihood of needing this type of coverage is extremely low, it highlights the creativity and variety in the insurance market.

Alien Abduction Insurance Coverage

Food Spoilage Coverage

No one likes to see their groceries go to waste, but did you know that some insurance policies will cover the cost of spoiled food? In cases where a power outage or appliance failure leads to food spoilage, specific home insurance policies may cover the costs of the lost groceries. This unique coverage is a prime example of the many additional benefits that can be found in various insurance policies, beyond the standard protections.

Volcanic Eruption Coverage

While most people don't live near an active volcano, those who do may find themselves with the unique option of volcanic eruption coverage. This specific coverage can protect against damages caused by lava flows, ash, and other volcanic hazards. While it's a highly specialized form of coverage, it demonstrates the importance of tailoring insurance policies to address unique risks in specific geographic locations.

Volcanic Eruption Coverage

Unconventional Insurance Coverage Options: Protecting Against the Unexpected with Intelli Choice Insurance

These examples of surprising coverage options highlight the diversity of the insurance industry and emphasize the need for potential policyholders to fully explore their options. As a Dave Ramsey Trusted Provider, Intelli Choice Insurance is committed to helping customers find the best rates and coverage for their unique situations.

Contact us today to discover the perfect insurance policy for your needs, whether you're looking for protection against alien abductions, spoiled groceries, or something more conventional. Visit our website  and explore our blog for more helpful tips and information.

dave ramsey insurance
/ By Charlene Echerivel / Dave Ramsey • General/ • • / 0 Comments

What does it mean to be a Ramsey Trusted Provider?

dave ramsey insurance

Intelli Choice is an Endorsed Local Provider (ELP) in the Dave Ramsey Provider network.

Dave Ramsey is probably best known for his series, Financial Peace University.  If you haven’t heard of him, he is a best-selling author, financial guru, and the host of The Ramsey Show.  The Ramsey Solutions company defines its success by the number of lives changed and has a goal of helping ordinary people get out of debt and get control of their lives. Its mission is to provide “biblically based, commonsense education and empowerment that gives HOPE to everyone in every walk of life.”

On The Ramsey Show, callers frequently discuss some of the tougher financial issues in life.  Examples might include complicated real estate transactions, investing in life insurance, or creating a will.  Callers explain how, as they went out into the world to accomplish these tasks, they weren’t sure who they could turn to that they could trust. Because of this dilemma, a natural outgrowth of the show has been the Endorsed Local Providers program.  

Dave Ramsey has a mission to serve, but that doesn’t mean your neighbor with the side hustle has the same goal.

The ELP program is a network of professionals who have been vetted to be sure they know their stuff and share the Ramsey values. Endorsed Local Providers fall under the “Ramsey Trusted” umbrella and must meet three distinct criteria.  

First, they must go through a rigorous Ramsey vetting process. 

Second, they must participate in continuous Ramsey coaching. 

Third, they are evaluated by customers through a Ramsey Trusted scoring process based on service.  

It’s about consistency.  This means that the Ramsey Trusted name stands behind them as a provider you can trust to provide you with consistent results, service, and who adheres to the Ramsey values system.  The ELP program has over 20 years of development behind it.  If a company is on the list, it wasn’t by accident.

Intelli Choice has the distinction of being an Endorsed Local Provider.  When it comes time to find the best insurance rates and coverage for your circumstances, you can trust us to be focused on serving your needs first.  We are invested in the Ramsey mission, which means we are invested in you.   If you think we can serve you, give us a call.