The benefits of a life insurance policy are clear: the coverage provides financial protection against the death of a policyholder in the form of a payment to the beneficiary; and life insurance proceeds are not taxable income. However, it is important that you find the policy that best fits your situation. Here are six key…
Umbrella insurance refers to liability insurancethat is in excess of underlying insurance (home & auto) and also potentially primary insurance for losses not covered by the other policies. In the blink of an eye, a multimillion dollar lawsuit could jeopardize your home, car, property, savings, investments and even your future income. In most cases an…
Did you know that September is Life Insurance Awareness Month? With that in mind, we’re going to lay some cold hard facts on you about life insurance. 7 in 10 American households with children under 18 would be in jeopardy if the primary bread-winner died. 30% of U.S. households (35 million) have no life insurance protection at…
Buying a new car is an exciting time — but it can also be stressful. After all, you’re trying to get the best deal on price, while also deciding on the make, model and features you need. Here at Gene Morgan Insurance, we can’t really help you become a master negotiator when it comes to…
A little extra caution can go a long way while driving at night Summer has ended, and while fall and winter have their own pleasures — longer nights mean increased danger on the roads. You might think you drive just as well at night, but consider this: Even though nighttime driving accounts for just…
1. Know the difference between independent agents and other insurance agents or carriers. An independent agent represents a number of different insurance companies. In contrast, agents who represent large national companies only sell products from that carrier. A direct insurance company sells to you directly without an agent, typically online. An independent agent has the…
Take action to reduce damage. To reduce damage inside, look at your ceiling and walls to see what might fall. 1. Anchor bookcases and filing cabinets to walls 2. Secure ceiling lights, suspended ceilings and other hanging items to the home structure 3. Anchor water heaters and large appliances to walls using safety cables…
Every fall, college students head back to campus and the things that travel with them get more sophisticated. It’s important to understand the limits of your property coverage that will follow your student to college, whether its across the state of across the country. Personal Property Students find very creative ways to fill their living…
Even a small leak can become a major problem, so knowing what you’re covered for and how to prevent water damage are equally important. The below tips should help uncover any potential water problems down the road and keep your property dry. Check appliance hoses. Standard hoses are not as durable as they used to…
Whether you’re headed out on the road for a weekend drive or a longer vacation, there are some car trips we simply wouldn’t think of making without including the four-legged member of the family. Just as you make plans for a safe and comfortable trip for your family and friends, it’s a good idea to…
