Rachel Spear

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How to Successfully File a Car Insurance Claim

No one likes thinking about being in a car accident but with more than 140,000 million Americans on the road daily, many of them drowsy, texting or otherwise distracted, the odds are you’ll experience at least one accident during your driving career.  We’re not suggesting every time you get behind the wheel you dwell on the idea of an auto mishap but knowing ahead of time what you need to do if you’re caught in one can make all the difference when it comes time to file your car insurance claim. Steps for Filing a Car Insurance Claim Whether it’s a fender-bender or major mashup, the idea of dealing with insurance adjusters and claim forms can be nearly as stressful as an accident itself. Take these steps before and after a collision and you’ll be able to handle the experience like a pro. First, be prepared by keeping the following…

Does Medicare Cover Hearing Aids? A Simple Guide for Seniors

As we get older, our hearing often starts to fade. You may notice everyone seems to mumble or your family members are always complaining about the tv volume. While this is a normal part of life, you may feel as if you’re missing out on important experiences. The simplest of activities can become tedious, and it can leave you feeling frustrated. Fortunately, thanks to advances in medical technology, you no longer have to suffer from your hearing loss. Today’s hearing aids work remarkably well, but they also come with a hefty price tag. Most Americans covered by Medicare might assume they can get hearing aids with minimal out-of-pocket costs — but does Medicare cover hearing aids?  Does Medicare Cover Hearing Aids? The Facts You Need to Know If you’ve noticed some problems with your hearing, you could take it upon yourself to have tests done and purchase hearing aids. However,…

Paying too Much for Life Insurance? You Can Reshop Your Rates

It’s common knowledge life insurance is to care and protect your family. It’s easy when you contact us at SelectQuote to shop life insurance rates and policies from multiple carriers. Sometimes life gets busy and despite good intentions, we don’t get to the finish line with buying life insurance. And while we don’t recommend putting off getting life insurance, we know it happens now and again. Sometimes life insurance carriers may decide to change rates – sometimes lower and sometimes life insurance rates go up. Learning the how and why behind these life insurance rate changes can help you use rate adjustments to your advantage. Do Life Insurance Rates Change? There are many factors that go into calculating life insurance rates. Some of the most commonly used factors include: Age. The older you are, the sooner your insurance carrier will pay out on your policy. If you’re younger, you’re statistically less…

How to File a Home Insurance Claim: Top 6 Steps

Nobody ever wants to have to make a home insurance claim. But if you ever need to, you’ll be glad you have coverage. Whether you’re dealing with water damage from a storm, an injury on your property or even burglary, homeowners insurance is there when you need it.  According to a Consumer Reports study on home insurance claims, about 41 percent of people with claims over $30,000 encountered an issue. In fact, compared to other types of insurance, home insurance claims are the most likely to be rejected. Having an insufficient coverage level accounts for a large portion of these denials. The prospect of actually filing a claim, though, can seem overwhelming. Make sure to follow these steps to help the process go as smoothly as possible. Home Insurance Claim Steps Call the Police If Necessary If you were the victim of a crime such as personal property damage or…

Medicare Advantage Guide: What You Need to Know to Get the Right Coverage

Wouldn’t it be nice if there was a Medicare Advantage guide that explained what you need to know about Medicare Advantage plans? Great news, SelectQuote covers it all in the downloadable guide below. Medicare Advantage Guide Download this convenient Medicare Advantage guide to answer your questions about Medicare Advantage plans. Medicare Advantage plans are a popular choice for individuals looking to cover extra costs not covered by Original Medicare. Everything covered by Original Medicare is required to be included with a Medicare Advantage plan. One of the biggest benefits of supplemental plans, such as Medicare Advantage, is people spend less, on average, than those with Original Medicare. Once you’ve had a chance to review the information in the Medicare Advantage guide, contact your SelectQuote licensed agent to help you get started finding a Medicare Advantage plan that’s right for you. Related Articles How to Prepare When Shopping for Insurance With a…

Home and Auto Insurance Policy Basics

Summer is a busy time when people are on the move. But even if you aren’t getting a new address, it’s the perfect time to review home and auto insurance basics to make sure you have the right insurance coverage for you.  Before you get started, it’s helpful to understand home and auto insurance basics. We’ve outlined them for you below so you will be in-the-know when you talk to your SelectQuote licensed agent.  Auto Insurance Comprehensive Coverage Sometimes accidents happen. Maybe it’s a natural disaster, such as a flood, tornado or earthquake. Or maybe your car was damaged while parked at the store, stolen or vandalized. Whenever damage occurs, such as non-impact physical damage, theft and unoccupied accidents, comprehensive coverage covers your loss Liability Coverage Liability only is when a policy only includes coverage for bodily injury liability and property damage liability. It protects the people in the other car…

Cost Comparison – Term Life and Whole Life Insurance

When deciding whether term life insurance or a whole life policy, also known as guaranteed universal life (GUL) is the right choice for you, one of the first places to look is to do a cost comparison of life insurance policies. Cost Comparison Term life insurance provides life insurance coverage for a defined period of time – the term. It is less expensive and has no cash value. If you live to the end of your term, your family won’t receive a payout. Term life insurance is the most affordable kind of life insurance coverage but it does not build any cash value.  Whole life insurance premiums are more expensive. Your coverage lasts a lifetime. It combines a savings portion with the death benefit so you are guaranteed a payout as long as you keep paying the premiums. Whole life insurance may generate a cash value that grows over the…

How to Prepare When Shopping for Insurance with a Medicare Checklist

A Medicare checklist is a great resource when it’s time to get more information about Medicare. Shopping for Medicare insurance can be overwhelming. If you’re wondering about how to keep your doctor or if you’re prescriptions are covered, it’s smart to ask. The team at SelectQuote helps you find an affordable Medicare insurance option to meet your needs and budget.  We created this Medicare checklist so when you contact your SelectQuote licensed agent for Medicare information, all the information is available to make sure we can help you find the right plan. Some of the things you will need when you call includes general information, such as your name, phone number, email address and zip code. All things you will have readily available. Once we have the basics, your licensed sales agent will ask some additional questions about your current situation to help compare options for Medicare coverage. Medicare Checklist Information…

Should I Get Life Insurance for My Child?

Buying Life Insurance for Children Most of the time, life insurance is to replace the earning power of a family breadwinner. Life insurance allows dependents to continue living comfortably in the event of a death. In almost all cases, children are the dependents, not the depended-upon. So, what is the point of life insurance for children if it isn’t to replace money for the household?  Generally, people recommend life insurance for children for four primary reasons: As a savings account. To protect the child’s later insurability. To pay for potential funeral expenses. To provide financial stability for parents in the loss of a child. While life insurance policies for children are generally inexpensive, SelectQuote encourages parents to weigh the options. Life Insurance for Children: Pros and Cons Most child life insurance policies are permanent, whole life policies, which include a savings account component (called cash value) that grows slowly over…

Top 6 Questions to Ask When Buying Life Insurance

A number of factors go into buying life insurance and estimating your coverage needs. If you already know your financials, try our life insurance calculator. It will give you a sense of what you’ll need to consider for coverage. Plus, it offers three financial planning scenarios for what you could leave your beneficiaries. Here are a few more common considerations that go into buying life insurance. Does Your Employer Offer Life Insurance Coverage? If your employer offers life insurance coverage, it can be a cost-effective way to supplement your needs. Large employers negotiate group rates, helping with premiums. And those premiums often come straight out of your paycheck, so you hardly miss it. Life insurance through work is usually a supplement to buying life insurance on your own. It often benefits people to also purchase private insurance outside of their employer. Why? The average person will switch jobs 12 times…

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