Whedbee Insurance Blog

Justin Whedbee

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Recent Posts

4 Tips to Preparing for the Next Natural Disaster

Posted by Justin Whedbee on Sep 30, 2016 1:01:47 PM

 

Everyone thinks that it could never happen to them. Hurricanes, floods, fires--there are countless disasters that affect the lives of so many undeserving victims. Disaster doesn’t discriminate and it doesn’t wait for you to get your affairs in order before it wreaks havoc. How long have you been saying that you’ll update your insurance plans tomorrow? We hope that you never have to experience any sort of disaster, but just in case that plan fails, we encourage you to make sure that you are keeping your insurance plans up to date.

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Topics: homeowner's insurance

Insuring your Teen Driver Without Breaking the Bank

Posted by Justin Whedbee on Aug 24, 2016 2:58:25 PM

Its either the day you’ve been dreaming of…or the day you’ve been dreading since they were born. Your teenager is finally ready to get behind the wheel of a car and drive off into the sunset without you. Yep that’s right, your teenager officially has their drivers license and is free to cruise the roads. Scary, huh?

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Bundling

Posted by Justin Whedbee on Jul 13, 2016 4:28:25 PM

Growing up, we’ve always heard the phrase “bundle up” as it pertains to dressing for cold weather. However, when most of us hear it as it pertains to insurance, it often triggers some confused looks.

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Answer These 6 Questions After a Natural Disaster

Posted by Justin Whedbee on Jun 22, 2016 12:30:00 PM

When a natural disaster strikes, it never seems to matter how much you’ve prepared. The wreckage and danger seems never-ending, so before you start trying to repair what’s been broken, make sure you’ve considered these questions.

Are You Sure It’s Over?

Following an earthquake, tornado, hurricane, etc. make sure not to assume it is over until authorities inform the public. What can be mistaken as the end of the storm or earthquake could merely be a lull. Best to wait for official notice it’s safe, rather than risk getting seriously injured by venturing outdoors.

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What Exactly is a Commercial Insurance Audit?

Posted by Justin Whedbee on May 11, 2016 5:15:50 PM

What it is?

Insurance audits are typically performed on commercial insurance policies providing auto, general liability, garage liability, umbrella and workers compensation coverages. When these policies are issued, you are asked to pay an estimated premium. Estimated premiums are based on the nature of your business and your estimate of exposures (i.e. payroll, sales, etc.) for the policy period. Once your policy expires, an audit is conducted to collect information on actual exposures and operations and then determine the final premium.

 

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Topics: Umbrella Insurance

Whole Vs. Term Life Insurance

Posted by Justin Whedbee on Apr 22, 2016 2:18:25 PM

Both term and whole life insurance policies provide valuable protection for you and your family. However, each has very different features and is better suited for a specific situation. Know the pros and cons of each so you can get the right insurance policy for you.

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3 Reasons It Makes Sense to Get Life Insurance While You're Young

Posted by Justin Whedbee on Mar 15, 2016 12:20:32 PM


 

Most young adults don’t believe they need life insurance at this point in their lives. Most have always equated life insurance with death. What most young adults don’t know is having life insurance early in their lives can benefit their future in more ways than one. Life insurance is not just about a death benefit, it is also about a stable and successful strategic financial plan.

Besides thinking about the financial impact once you pass, how can having life insurance affect your future? Here are three important benefits to having whole life insurance as a young adult that we think everyone should know.

 

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Topics: Life Insurance

Everyone Should Know These 3 Things About Homeowner's Insurance

Posted by Justin Whedbee on Feb 12, 2016 10:33:38 AM

 

Finding the right insurance policy for you can be tricky, time consuming, and frustrating. Often, people get bogged down with complicated insurance jargon and they throw their hands up in frustration. To help you understand the basics of homeowner's insurance, we've listed 3 things every homeowner should know. 

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Topics: homeowner's insurance

Captive or Independent Insurance Agent: What's the Difference?

Posted by Justin Whedbee on Jan 11, 2016 3:04:50 PM

To most people, insurance agents are a dime a dozen. There isn’t much difference between this one and the next. But this couldn’t be further from the truth. For those who are looking to get the most value out of their insurance policies,it is crucial to understand the difference between independent and captive agents.

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Topics: Insider

What Is an Umbrella Insurance Policy? Should I Have One?

Posted by Justin Whedbee on Nov 20, 2015 2:25:07 PM

 

Many people may feel they have plenty of coverage for any situation between their homeowners and auto insurance policies, but this may not be the case. For example, let’s say you are nearing retirement and you’re suddenly in a car crash. Luckily, you’re OK, but the driver of the other car has some serious medical bills from the accident and you are deemed responsible. If your auto insurance doesn’t cover the costs, you are on the hook and your assets could be seized. Luckily, umbrella insurance policies were created for exactly this purpose. Umbrella policies kick in once you’ve passed the coverage limits on your underlying policies, protecting your assets from possible seizure. 

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