The Benefits of Bundling Insurance
/ By Charlene Echerivel / Health Insurance • Home Insurance • Life Insurance • Personal Insurance • Vehicle Insurance/ • • / 0 Comments

The Benefits of Bundling Insurance Policies

The Benefits of Bundling Insurance

In the world of insurance, bundling isn't just for convenience—it's a strategic move that can yield a plethora of benefits. Bundling insurance policies involves purchasing multiple types of coverage from the same insurance provider. This approach is gaining popularity due to its potential to save you money, simplify your insurance management, and provide enhanced coverage. Let's delve into the advantages of bundling your insurance policies.

Cost Savings

One of the most enticing benefits of bundling insurance policies is the potential for significant cost savings. Insurance companies often offer discounts to customers who consolidate their policies. This can result in lower premiums across the board, making your insurance costs more manageable without compromising on coverage.

Insurance Cost Savings

Simplified Management

Managing multiple insurance policies from various providers can be a logistical challenge. Bundling simplifies the process by centralizing your policies under a single insurance company. This means one point of contact, one renewal date, and streamlined paperwork. The convenience of managing all your insurance needs in one place can save you time and reduce the risk of overlooking important details.

Enhanced Coverage

Bundling isn't just about convenience and cost savings; it can also lead to enhanced coverage. When you bundle, insurance providers often extend broader coverage options that might not be available if you were purchasing individual policies. This can include additional benefits or higher coverage limits, giving you more comprehensive protection.

Enhanced Coverage

Qualify for Special Discounts

Some insurance companies offer unique discounts or perks exclusively to policyholders who bundle their coverage. These could include benefits like accident forgiveness, disappearing deductibles, or even specialized coverage options that cater to your specific needs.

Building a Stronger Relationship with Your Insurer

Bundling insurance policies can foster a stronger relationship between you and your insurance provider. As you become a multi-policy customer, insurers may be more inclined to offer personalized advice, better customer service, and increased responsiveness to your needs.

Enhanced Coverage

Flexibility to Choose Policies That Fit

Bundling doesn't mean sacrificing flexibility. You can still choose policies that fit your unique requirements. For instance, you might bundle auto and home insurance, but you could customize your coverage levels based on your vehicle type, home location, and personal preferences.

The benefits of bundling insurance policies extend beyond mere convenience. It's a strategic move that can lead to substantial cost savings, streamlined management, broader coverage, and even exclusive discounts. If you're looking for a way to optimize your insurance portfolio while simplifying your life, bundling policies with a Intelli Choice Insurance could be the smart choice for you.

Protect Your Future_ Get Life Insurance Today
/ By Charlene Echerivel / Life Insurance/ • / 0 Comments

Protect Your Future

Protect Your Future_ Get Life Insurance Today

Life insurance plays a vital role in safeguarding the financial well-being of your loved ones once you are no longer around. With various types of life insurance policies available, such as term life insurance, whole life insurance, and universal life insurance, it is crucial to choose the right one based on your present financial situation, future goals, and the requirements of your dependents. Thankfully, one of our insurance agents can guide you through the selection process, helping you find the most suitable policy for your unique circumstances.

Preparing for Your Future

Though contemplating mortality may be uncomfortable, preparing for the future is essential to ensure the protection of your loved ones in case of unforeseen events. By acquiring a life insurance policy, you can provide invaluable financial support and peace of mind to your family when they need it the most.

Preparing for the Future

Understand the Differences

Before making a final decision, it's important to understand the key differences between the various types of life insurance policies. Term life insurance provides coverage for a specific period, typically 10, 20, or 30 years, offering a more affordable option for those seeking temporary protection. Whole life insurance, on the other hand, provides lifelong coverage with a cash value component that grows over time. Universal life insurance offers flexibility in premium payments and death benefits, allowing policyholders to adjust their coverage as their circumstances change. Considering these distinctions can help you make an informed choice based on your unique circumstances and financial goals.

Consult with a Life Insurance Agent

In essence, investing in a life insurance policy is a responsible and prudent decision. It serves as a means to secure the future of your loved ones, granting them stability and protection in challenging times. Don't procrastinate any longer; consult with an experienced insurance agent today to carefully assess your needs and budget, ultimately selecting the optimal policy for your specific requirements.

Protection for Loved Ones

By taking action now, you can establish a solid foundation for the financial security of your family, knowing that you have taken the necessary steps to ensure their well-being even after you're gone.

Saving for Retirement
/ By Charlene Echerivel / Dave Ramsey • Life Insurance/ • / 0 Comments

Saving for Retirement

Saving for Retirement

Saving for retirement is one of the most important financial goals that everyone should strive for. Retirement may seem far away, but the sooner you start saving, the more time your money has to grow. Here are some tips to help you achieve your retirement goals.

Start Early

Start as early as possible: The earlier you start saving for retirement, the better. Even if you can only afford to put away a small amount each month, it will still make a significant difference over time. The power of compounding interest means that your money will grow exponentially over the years.

Start Saving Money Early

Employer's Retirement Plans

Contribute to your employer's retirement plan: Many employers offer retirement plans such as 401(k) or 403(b). These plans allow you to contribute a percentage of your salary into a tax-deferred account, which means you won't pay taxes on that money until you withdraw it in retirement. Your employer may also offer a matching contribution, which means they will contribute a certain amount to your account if you contribute a certain percentage of your salary.

Individual Retirement Accounts

Consider opening an individual retirement account (IRA): An IRA is a tax-advantaged account that allows you to save for retirement. There are two types of IRAs: traditional and Roth. A traditional IRA allows you to deduct your contributions from your taxes, and you won't pay taxes on the money until you withdraw it in retirement. A Roth IRA doesn't offer a tax deduction on contributions, but you won't pay taxes on the money when you withdraw it in retirement.

individual retirement account

Live Below Your Means

Live below your means: The less money you spend, the more you can save. Look for ways to cut back on your expenses and live below your means. This will allow you to save more money for retirement and help you achieve your goals sooner. Dave Ramsey has a lot of practical suggestions on how to do this.

Get Insured

Explore your life insurance options early as your eligibility may change as you age. The right life insurance coverage will help with unexpected expenses that would otherwise break a fixed income budget.

Investing

Invest wisely: Investing your retirement savings wisely is crucial. You want to make sure that your money is growing at a rate that will allow you to achieve your retirement goals. Consider working with a financial advisor to develop an investment strategy that works for you.

Invest wisely

 

In conclusion, saving for retirement is a critical financial goal that requires planning and discipline. By starting early, contributing to employer plans, opening an IRA, living below your means, and investing wisely, you can build a retirement nest egg that will support you in your golden years.

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.

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.