Showing posts from January, 2011

Insurance Agent Definition

Definition: Insurance Agent - Individual who is licensed to sell insurance for one or more specific companies. In our case we are licensed to sell insurance in three states: Nevada, California, and Arizona. We represent many different insurance companies. We are a member with the Independent Insurance Agents of Nevada and we are a Trusted Choice agency. We appreciate all the support from our past and current clients, and we look forward to our continued future client relationships.

Auto Insurance Rental Reimbursement Coverage

Rental Reimbursement Coverage is designed for policy holders that cannot afford to lose the use of their vehicle(s), while it's being repaired. So if a policy holder does not have access to a vehicle when his or her vehicle is damaged due to a collision or comprehensive claim, this coverage is available. A common coverage limit is $30/$900. This stands for $30 per day with a maximum of $900. Which means that the insurance company will pay for a rental car at the rate of $30.00 for up to 30 days. The lowest limits we typically see are $20/$600 and on the high end $50/$1500. For policy holders that are dependent on their vehicles, rental reimbursement coverage is important. Typically the cost of $30/$900 is in the $30 dollar per six months range or $60 dollars a year. Which means for about $5.00 a month you can buy a coverage that can save you 100's of dollars. Remember this coverage would only apply in the event of a collision/comprehensive claim. Issues such as mechanica