Our Company Blog

Why Choose a Local Insurance Company over a National Provider

When shopping for insurance policies, you have many different options from which to choose. You could go with a national provider with a name you recognize, with an online company for the sake of convenience, or with a local insurance company who can give you personalized service. Our agents at Elite Insurance Solutions can put together business and personal insurance coverage policies to exactly fit your specific needs. We would like to tell you why you should choose a local insurance company like ours over a national provider.

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FLEXIBILITY

According to the blog, Auto Insurance, national insurance companies often have the inability to be flexible when writing insurance policies due to corporate regulations. A local insurance provider like Elite Insurance Solutions can be flexible by customizing policies for our customers that a national provider is unable to match. Our agents are not aligned to just one company, so we can match multiple plans to multiple consumers. We can also make exceptions by giving our customers a second chance that a national provider may not be allowed to do.

PERSONAL SERVICE

When you hold an insurance policy from a major national insurance company, you may never talk to the same person twice. You rarely get to know your agent, so it can be difficult to receive customized, personal service. With a local insurance company like Elite Insurance Solutions, communication is easy. Our agents get to know our customers so that we can provide the best insurance services according to their situations. We know the questions to ask to find out exactly what our customers need from their insurance policies.

COMPETITIVE RATES

With less overhead, local insurance companies are able to offer better rates than the national providers. At Elite Insurance Solutions, our agents can find better deals for our customers by customizing policies to offer a more personalized quote that can save you money.

If you need a new insurance policy and want flexible, personal service that can save you money, choose a local insurance company. Contact us at Elite Insurance Solutions, and we will be happy to show you even more reasons why we are the best choice.

By Randy Hulett on September 6th, 2015 | Tagged with: Tags: , , , , , | Leave a Comment

Know the Facts About Life Insurance

Shopping for life insurance coverage can be overwhelming. Many people do not understand what all is involved when it comes to life insurance. Our agents at Elite Insurance Solutions want our clients to know the facts about life insurance, so we would like to answer some of the most frequently asked questions on this topic.

Do I need life insurance?

If you have dependents, you need a life insurance policy to help your family and your business if you were to pass away. However, not everyone needs life insurance. According to Bank Rate, this group includes people with grown children who live independently and single elderly people.

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How much life insurance do I need?

Typically, the amount of your life insurance policy should be equal to seven to ten times your annual salary, but there is a possibility that you could need more or not need that much. The agents at Elite Insurance Solutions can help you figure out the amount of coverage you need.

What is term life insurance?

To ensure you have the best protection while your children are young, term life insurance provides coverage ranging from five to 30 years. With budget-friendly annual premiums, these policies are ideal for many families. Having coverage to last until your youngest child completes college can give you peace of mind. Some term life insurance policies can even be converted to permanent insurance if desired.

What is permanent life insurance?

Also known as whole or universal, permanent life insurance policies never expire so the policies eventually do pay out. Additionally, a savings or an investment component is typically included and can appreciate in value over time. The downside of this type of life insurance is the annual premiums can be quite costly.

Do I need to add disability coverage to my life insurance policy?

To be sure you have some income in case of an illness or injury from preventing you from working, disability coverage can be added to your policy if you are not satisfied with the disability benefit at your job. Not every employer offers disability coverage, and many of those that do only cover half of your salary. Our agents can help you decide if you need to add a disability rider to your life insurance policy.

Have more questions about life insurance? Contact Elite Insurance Solutions to find out more about the facts on these policies.

By Randy Hulett on July 27th, 2015 | Tagged with: Tags: , , , , | Leave a Comment