Involved in a Car Accident? Now What?

Upset driver After Traffic Accident

Upset driver After Traffic Accident

Getting in a car accident can be a very scary time! Knowing what to do in case of an accident can help you stay calm since you are prepared. It can also help the insurance claims process move much smoother. Keep these steps in mind so that you know what to do in case of an accident.

  1. Check to see if anyone is hurt and call 911. Even a minor injury, such as an aching back, can turn into a serious problem if it is not dealt with right away.
  2. If you can, move your car to a safe place on the side of the road. This will give you the space needed to collect all-important information without being in the road. Try to take pictures of the cars in their original position before you move them.
  3. Exchange information with the other driver. Make sure to get their full name, contact information, insurance policy number, driver’s license number, and license plate number. Write down the conditions, such as the time of day, traffic, and weather. Also, don’t forget to grab any contact information from witnesses at the scene.
  4. Call your insurance agent. The sooner you call your insurance agent, the sooner they will be able to start the claims process.

Having the right auto insurance policy is the best way to ensure that you have the right amount of coverage in case of an accident. Contact The Insurance Shop in White Bear Lake, Minnesota for all of your auto insurance needs.

Get Your Business Ready for Black Friday With These Tips

commercial insurance

commercial insuranceThanksgiving is just a couple of days away, which means so is Black Friday! As a retail business owner you probably have mixed feelings about the day, it is one of your busiest days of the year but it will also be stressful. With the day fast approaching, it is important to make sure that you are fully prepared. Keep these tips in mind to help get your business ready for Black Friday!

  • Put your best foot, or deal, forward – put up signs for your biggest discounts in the front of your store to help guide people to the most desired items. Also, consider putting signs and advertising deals outside of your store to help entice people to make it into your store.
  • Set your alarm extra early – even though you may want to sleep in after your Thanksgiving feast, set your alarm as early as possible. Most people look for stores that open as early as possible to get the best deals around.
  • Get social – social media is the best way to reach the largest group of people to let them know about your deals. Make sure to post on all of your social media accounts, such as Twitter, Facebook, and Instagram.
  • Reward your customers – send out emails to your regular customers by sending special discounts and notices through email.
  • Increase your insurance coverage – Black Friday will bring many more people into your store than you are typically used to dealing with. Make sure to increase your business insurance so that you will have the right amount of coverage for any unfortunate situation that may happen.

For all of your commercial insurance needs this holiday season, contact the insurance experts at The Insurance Shop in White Bear Lake, Minnesota.

Importance of Life Insurance for Families

LIFE INSURANCE

LIFE INSURANCELife insurance is one of the most overlooked insurance policies. It is also one of the most vital policies, especially if you have a family. Investing in the right life insurance policy is the best way to ensure that your loved ones will be financially protected after you are gone.

Many parents have plans if their children get sick. However, it is equally important to make sure that you have a plan for your children after your passing. Life insurance policies will help your children have the financial cushion they need in life, when you are gone.

The payout of a life insurance policy, also known as the death benefit, can be used in many different ways. It can be used to pay off the mortgage of your home so that your family has a safe and secure place to live, or it can be used to pay for your child’s college tuition, ensuring they get the best education possible. It can also help your spouse maintain the current lifestyle of your family, since they will no longer be able to rely on your income.

If you have a new child in the family, it is important to look over your life insurance policy so that you know it will provide the right amount of coverage. The more dependents that you have, the more coverage you should invest in to make sure everyone will be protected after your passing. Talking to your insurance agent will help to make sure that you have the right amount of protection for your specific situation.

Contact The Insurance Shop in White Bear Lake, Minnesota for all of your life insurance needs. We will help to ensure that you have the most comprehensive life insurance coverage to provide the financial protection your family needs after you are gone.

Credit Scores and Homeowners Insurance – How are They Connected?

Good Bad Credit Signpost Showing Customer Financial Rating

Good Bad Credit Signpost Showing Customer Financial RatingHaving a high credit score can help to benefit you in many ways. From buying a car to getting approved for a credit card, your credit score is used in a variety of situations. Many people are not aware that your credit score can also impact the cost of your homeowners’ insurance premiums.

When you are looking for a homeowners’ insurance policy to provide the right amount of protection for your home, your insurance agent will run a credit check. It is important to keep in mind that insurers will only run a “soft” credit check, which will not show as an inquiry on your credit report. Since there are no consequences of running a “soft” credit check, you can shop around for the right insurance policy without having to worry about ruining your credit.

Once insurers know your credit score, they use it in combination with many other factors to come up with an insurance score. This insurance score is then used to decide how much of a risk you are, which will then be reflected in your insurance premiums. The more of a risk you are, the higher your insurance premiums will be. If you have a high insurance score, you will be able to save on your insurance premiums since it means that you are not at high-risk.

Many studies have shown that people with higher credit scores are less likely to file an insurance claim, which is why they are considered less risky, and are rewarded with lower insurance premiums.

For all of your homeowners’ insurance needs, contact The Insurance Shop in White Bear Lake, Minnesota. We will work with you, no matter your credit score to ensure that you have the most comprehensive homeowners insurance policy possible.