Who Needs Umbrella Insurance?

You may wonder what umbrella insurance is. It’s definitely not going to protect your rain gear as its name sounds like. However, it does protect you and your family by giving you extra coverage. At Busick Insurance Agency LLC, serving Orleans, IN, and the surrounding area, we offer umbrella policies on insurance types like your home or auto. 

General Information About an Umbrella Policy

An umbrella policy is basically an amplification of a current policy. Let’s say, you have a maximum liability of $250,000 on your car insurance. If you should happen to get into an accident that costs you more than that, the umbrella policy takes over. The same applies to certain other types of insurance as well, which one of our agents will discuss with you when you inquire about an umbrella policy. 

Who Benefits From an Umbrella Policy in Orleans, IN 

Many people can benefit from an add-on policy. It gives them that extra bit of protection, so they don’t have to worry about unexpected expenses that they can’t afford. If an accident happened that exceeded your standard policy’s maximum, you’re responsible for the remaining balance. More than likely, you’re not going to want to spend that money. Additionally, if you don’t have it, you could experience a debt that’s going to linger for quite some time. 

One of the most important reasons to get an umbrella policy is to protect your assets, including your home, car, and anything else you own of value. Let’s say an accident happens, and you have a balance you’re responsible for. The court could try to seize your assets to pay for that portion of the debt. 

Contact Busick Insurance Agency LLC, serving Orleans, IN and the nearby region, for a quote for umbrella insurance today by calling 812-865-2626.

3 Reasons to Upgrade Your Health Insurance Policy

The world of health insurance can be an exceptionally complicated one to navigate. Between the deductibles, the out-of-pocket costs, and the co-pays, it can feel like a complete mystery as to which policy will work best for you. However, just because it will take some time to work through the options doesn’t mean it’s not worth the effort. Here are three reasons, courtesy of Busick Insurance Agency LLC, to reconsider. 

1. It’s Your Health 

If you’re afraid to see the doctor because you don’t know what your plan covers, you’re taking a big risk. The faster your doctor catches a serious condition, the more likely it is they can take effective action. It’s not fair to yourself to forego your health in favor of denial.  

2. Your Policy May Not Be Enough 

If you live in Orleans IN, you need a policy that will protect you regardless of what may happen. If your deductible is too high, you may find yourself unable to cover the costs of your medical bills. This is especially true if you have to miss work for any reason. 

3. You Should Know 

Not knowing is typically the worst part of insurance. Too many people believe that their claims will be approved, only to find that they didn’t understand their policy very well. Busick Insurance Agency LLC wants everyone to know the core details of their policy, so there are fewer surprises later on. 

It’s impossible for anyone in Orleans, IN to learn each clause of their health insurance policy. However, it is possible to make it a little less confusing. If you want to learn more about what it takes to get a better health insurance policy, call us today for more information. We’re here to get you on your way. 

3 Ways You Can Protect Your Family with Life Insurance

A life insurance policy from Busick Insurance Agency LLC in Orleans, IN, can protect your family in the event you should unexpectedly pass on. Life benefits can be used in multiple ways to provide for your spouse and children after you’re gone. By planning ahead, you can have peace of mind that your loved ones will be taken care of upon your demise. Here’s how life insurance protects those you love.

Financial Security

Life benefits can be used to pay off a mortgage, provide for your family’s daily needs, pay for your kids’ school needs, cover healthcare or dental costs, help pay for childcare and more. This gives your family financial security to carry on after your demise. Life benefits enable your loved ones to continue living the lifestyle they’re used to without worrying about the future. You can even designate that life benefits to be set aside to help pay for your children’s college education, future wedding or the birth of a grandchild to help them through these milestones in their lives.

Funeral Costs

Life benefits can be used to pay for your funeral costs, so your family doesn’t have to bear this burden on top of their loss. Funeral expenses today can be extremely expensive. Knowing these costs are taken care of will alleviate your family of this financial pressure.

Medical Costs/Debts

If you accrued medical bills due to health issues before passing, life benefits can help pay these off so your loved ones won’t be held responsible for these debts. Life benefits can also be used to pay off joint-loans such as a mortgage, car loans, furniture loans, private student loans, etc., so your family can start off with a clean slate upon your demise.

For more information about life insurance and the benefits, it has to offer, contact Busick Insurance Agency LLC in Orleans, IN.

3 Reasons Why Motor Home Insurance Is So Important

As soon as you buy a motor home in Orleans, IN, you have to look at insurance. While you might want to skip the added expense, there are a few reasons why you want to get a policy that you can rely on. At Busick Insurance Agency LLC, we’re here to explain the importance of a good motor home policy.

Protect Your Investment

You never know what to expect on the roads of Orleans, IN or anywhere else for that matter. If someone vandalizes your motor home while it’s at an RV park or it gets broken into when it’s parked in your driveway, you want to know that you can file a claim. Your homeowner’s insurance isn’t going to protect your motor home, so the only option is to get a policy that will.

Get Repairs after an Accident

If there’s an accident on the road, whether you run into a guard rail or hit another vehicle, you want to know that you can get your motor home fixed. Without insurance, it could cost tens of thousands of dollars in repairs. With a policy, you’d only be responsible for the deductible, which can be as low as $500.

Adhere to State Laws

It’s important to understand the laws in Indiana as they pertain to proof of financial responsibility. If your motor home has an engine of its own, as opposed to being the fifth wheel, for example, it is considered a motor vehicle. This means that you need to adhere to the state minimum for liability coverage. From there, you can add more coverage as a way to protect yourself against the other things that can happen on and off the road.

With the help of independent insurance agents at Busick Insurance Agency LLC, we can help you find the right policy for your motor home. Contact us today to let us review your information and get quotes from several insurance companies. 

Are You Required to Carry RV Insurance?

If you have recently purchased a new RV, you may find yourself wondering if you are required to carry RV insurance. At Busick Insurance Agency LLC, serving the Orleans, IN area, we want you to be educated and informed when it comes to any insurance-related questions you may have. Here is what you need to know about RV insurance. 

If you have financed or are leasing an RV, the financing or leasing company requires you to carry full coverage RV insurance. This is the same as when you buy a new car. The financing or leasing company wants to protect their interest in the RV and ensure that if the RV is in a totaled in an accident or is stolen, that insurance will pay them the value of the RV, so they are not out any money in case you decide to stop paying on the RV. 

If you have paid for the RV in full, RV insurance is still required by law in order to register and operate the RV. However, you are not required to carry full coverage on the RV. While you are not required to carry full coverage, there are still many benefits associated with carrying full coverage insurance on your RV, including being protected against theft, vandalism or underinsured or uninsured drivers. 

If you have purchased, or are going to be purchasing, an RV in the greater Orleans, IN area, Busick Insurance Agency LLC can help you insure the RV. Give us a call now and let’s sit down and discuss the different policies available and which one may be the best fit for your needs. 

How Can Medicare Insurance Help You Cover Medical Expenses?

If you are at retirement age or will be soon, you may wonder what Medicare insurance is and how it can help you with future medical expenses. Medicare is a program designed to help retirement age people afford medical care and coverage through a government-funded program. To be eligible for Medicare insurance, you need to be at least 65 years of age. 

Medicare Insurance Coverage

Medicare insurance helps you gain peace of mind in the event you develop costly medical issues or even have to stay in the hospital for an illness, accident, or procedure. If you are considering signing up for Medicare insurance, you should work with an agent who is knowledgeable about what the insurance covers and any exclusion. There are also gap plans available to create a full blanket of coverage, so you don’t have to worry about financial losses as a result of medical related issues later in your life. 

Working With An Agent To Get Medicare Insurance

If you are a qualifying age and want to apply for Medicare insurance coverage, you should consult with a knowledgeable and experienced insurance agent who can inform you about the terms and conditions of this type of coverage and how it can work with your existing coverage to give you well-rounded protection. If you are living in or around the Orleans, IN area, check out Busick Insurance Agency LLC. They can give you all of the information and options you need to supplement or replace your current medical insurance. 

Health is a priority in the retirement years, which is why having Medicare insurance is so vital for most seniors. Consult with the expert insurance agents at Busick Insurance Agency LLC, serving the people of Orleans, IN, and find out how you can give yourself complete coverage. Call or stop by the office for more details.

When is renter’s insurance required, and who pays its claims?

Whether you wish to rent a house, condo, apartment, or something else entirely in Paoli or Orleans, IN, you’ll find that renter’s insurance is no more a luxury but a pre-requirement in many places. One that must be fully met and proven before being allowed to move in. It’s a serious thing, and landlords are now more than ever prepared to cover themselves in the event of any catastrophe that should occur upon their property, asking that you do the same, in turn. Thankfully, it’s not expensive to carry regular renter’s insurance every month as most providers sell the minimum coverage required for low costs per month. If you want a competitive rate, you need to ask around and do your research. Busick Insurance Agency LLC can help make your decisions quickly and easily.

How to choose?

Some renter’s insurance can cover everything you can think of, as well. It all depends on the type of package you choose to put together, how much are you able to spend, and what types of coverage are you most in need of, especially after having adequately assessed the potential risks or threats in your community. For instance, where you now live (or plan to live), are there major construction areas, highways, high-crime residential spots, natural disaster areas, little to no commerce, etc.?

Get the idea?

You must fully investigate. As for the types of coverage that renter’s insurance can offer you, these may include everything from the replacement of items or damaged property within the home to reducing the cost of accommodations when your home is uninhabitable. 

Busick Insurance Agency LLC, busily at work and always seeking to find new clients in Paoli or Orleans, IN, is at your side. Contact us whenever you need a solid rate on quality insurance. We’ll come to your aid like no one else.

Reasons to Keep Your Motorcycle Insurance Over the Winter

You might think just because winter is coming that you don’t need your motorcycle insurance anymore since you’re not going to use your motorcycle until spring. However, you may want to keep your insurance policy active throughout the entire year. At Busick Insurance Agency, LLC, serving Orleans, IN and the surrounding area, we want to help you make the best decision about your insurance for your particular needs. 

Unseasonably Nice Weather 

Let’s say we get a bout of nice weather during the winter. You might feel the urge to go on a joyride and enjoy it, but without insurance, you’re at risk of having an accident with no protection. Not to mention, if you did want to take it out, you could find yourself getting fined if you don’t have at least liability insurance. 

Theft or Vandalism

While your bike might not get into an accident over the winter, it’s still possible for unfortunate events to occur. For instance, someone could steal your bike. Maybe, someone will vandalize your bike. If you don’t know who it is, you won’t be able to receive any compensation, but an insurance policy would cover it. If a bad snow storm hits and damages your bike, you’d have to pay the cost if you didn’t have insurance. 

Hassle

It’s a hassle to have to cancel your policy and then remember to reopen your policy at a later date. If you forget to reestablish your coverage, you could find yourself not being able to ride in the spring. On the other hand, if you forget and ride without it, you could accrue a fine, have to replace your bike, or pay for the expenses of the other party if you get into an accident. 

Contact Busick Insurance Agency, LLC, serving Orleans, IN and the surrounding area, to discuss bike insurance today by calling 812-865-2626.

 

Does your Lifestyle Require Umbrella Insurance?

Depending on the kind of life you live and the types of commitments and hobbies you have, you may not have enough insurance coverage. That is where umbrella insurance comes in. Like an umbrella protects you from rain, an umbrella policy protects you when your other policies are not enough. If you have a claim that exceeds their limits, you can avoid having problems from that because the umbrella policy takes over. That is great for peace of mind for people who need it, but not everyone needs that level of coverage. By working with the Busick Insurance Agency LLC, serving Orleans, IN, you can see if umbrella coverage is needed.

Generally, people who have businesses, high-end homes, many vehicles, or expensive "toys" such as large boats or motorhomes may be more likely to need umbrella coverage. These people have more significant investments in their lives in a financial sense, and they want to ensure that they are protected against claims. But not everyone who has this type of lifestyle chooses umbrella insurance. Some people who have far less do choose to have this coverage, and there can be many reasons for that. It is a very personal choice and one that your insurance agent can help you make by asking some questions and discussing products.

By reaching out to us today, we can help you get the umbrella coverage you need or help determine if you need it at all. At the Busick Insurance Agency LLC, we serve the Orleans, IN area, and we want to make sure you are getting proper insurance coverage so you can have peace of mind and a well-protected life. Working with the right agent and insurance company is an excellent way to get what you need when it comes to insurance and get the answers you want.

3 Reasons to Purchase Health Insurance

Health Insurance policies are often not considered by a wide demographic of people who fall above the level for government insurance and below the income levels where it fits easily into the monthly budget. And even people who do purchase it, often cut out health insurance to save money. If there is a corner to be cut, health insurance should not be the go-to for many reasons. At Busick Insurance Agency LLC, we want you and your family to be protected and healthy with a quality insurance policy, we serve Orleans, IN and the surrounding areas. 

  1. It makes financial sense. The average hospital stay is $2,280 in Indiana, and the average yearly premium for an employer-sponsored plan, after their share, is $1,289 in the same area. When you have the option for an employer-sponsored plan, the insurance will more than pay for itself. Even if you do not have an employer-sponsored plan because you are self-employed or any other reason, you will find that the cost does balance out in your favor, just not as heavily.
  2. If you keep health insurance, you likely will be covered in the future for whatever may occur. If you let your insurance go, you may find that it is difficult to get covered again because of a pre-existing condition that occurred when you did not have the insurance. Keeping your insurance protects you and your family, no matter what life throws your way.
  3. Preventative care can save your life. Many people choose to forgo health insurance because they are young and healthy. However, yearly exams can catch issues early enough to save your life so you can continue to enjoy your healthy lifestyle. 

Contact us at Busick Insurance Agency LLC to discuss health insurance options for you and your family. We proudly serve the Orleans, IN area with all your insurance needs.