How do you qualify for Medicare insurance?

Medicare is an insurance plan supported by the federal government that supplies coverage for preventative care as well as medical procedures. The average person in Orleans, IN would need to meet certain criteria to qualify for coverage. The agents at Busick Insurance Agency LLC can help you fully understand what Medicare covers and how policy limits work. Read on to learn about how to qualify for the insurance plan. 

How does Medicare work?

Medicare works much like a private health insurance plan. Individuals generally choose coverage based on how much they are willing to pay in monthly premiums. Out-of-pocket costs are typically low with the patient usually only having to give a co-payment for annual exams and certain procedures for treatment. More financial responsibility falls on the patient’s shoulders if he, or she, chooses a doctor outside of the network. 

Who qualifies for Medicare coverage?

Individuals over the age of 65 are generally eligible for Medicare insurance in Orleans IN. Individuals who are younger than 65-years-old may also qualify for coverage if they are deemed disabled by the federal government. 

It is important to speak with a specialist at Busick Insurance Agency LLC if you believe you may be eligible for Medicare. The process to sign up for coverage can be tricky for those looking to have health insurance after retiring from their jobs. 

Call Busick Insurance for help!

It is not uncommon for individuals over the age of 65 to experience lapses in health insurance coverage because they missed the deadline to apply for Medicare. An agent at Busick Insurance Agency LLC can help you with the process from beginning to end so that you do not have to suffer the repercussions of missed deadlines for Medicare coverage. 

Call us today to get started with a quote for Medicare health insurance in Orleans, IN.

Why Renters Insurance Is an Asset

If you speak to many renters in Orleans, IN, they don’t carry renters insurance because of the thought that they don’t own a lot or perceive that the landlord’s insurance covers them. Although it’s a fact that your rented property is insured, the landlord’s insurance covers damage to the property but not your belongings. In light of this, you need renters insurance from Busick Insurance Agency LLC for the below reasons.

To protect your assets

You may not think your assets aren’t valuable, but a room-to-room inventory count may suggest otherwise. And because you have put in thousands of dollars to accumulate your assets over time, it’s essential to protect these valuables with renters insurance. 

Renters insurance pays for the damage or loss of your belongings when a covered loss strikes. While renters insurance doesn’t prevent risks from occurring, it provides a softer landing when disaster strikes. And the beauty of renters insurance is that it protects your assets even when outside your rented property. For instance, if your laptop is stolen while at school, renters insurance should compensate you for the loss. 

To cover you against liabilities

Renters insurance protects you and your family against property damage and bodily injuries you cause to other people. For instance, if a guest is injured within your rented dwelling, renters insurance covers the medical costs and possible legal costs. Similarly, renters insurance should pay for property damages if your son throws a ball and breaks your neighbor’s expensive glass door. 

To cover additional living expenses

Suppose your rented property becomes unlivable due to a covered risk like fire. In the process, you might have to look for temporal shelter as your home or apartment undergoes repairs. Renters insurance can pay for your hotel meals and accommodation until your dwelling becomes livable again. 

If you ever thought you never needed renters insurance, now you are convinced you need this coverage. If you are in Orleans, IN, and its environs, please contact Busick Insurance Agency LLC for an affordable quote.

What do I need to think about when picking a motorcycle insurance policy?

Anyone that is in the Orleans, IN area knows very well that owning a motorcycle is a great way to get around the community. If you are looking to purchase a motorcycle when you are in this area, you need to get the right insurance as well. As you are picking a new plan, you will find that there are many factors that need consideration. There are a few items in particular that need to be thought about during this process. 

Is Full Coverage Needed

One factor to consider as you are looking for motorcycle coverage is if you need full coverage. A full motorcycle insurance plan will provide coverage to repair or replace the asset if it is stolen or damaged. While having this coverage is a necessity if you have a loan or expensive motorcycle, those with motorcycles that are more affordable to replace may not feel the need to maintain this coverage. 

What are the Requirements

Another important factor to consider is whether you have specific insurance requirements. Those that own a motorcycle may have a motorcycle loan, which could require you to maintain a certain level of coverage. Additionally, if you intend to drive it on a public road, you will need to have liability insurance to comply with state law. It is important to understand and follow any insurance requirements. 

There are several factors to think about as you are choosing a new motorcycle insurance plan. If you are looking for a policy and are in the Orleans, IN area, you should call Busick Insurance Agency LLC. The team with Busick Insurance Agency LLC can help you understand the different insurance options and what your needs are. They can then give the support that is needed to build and select a plan that is ideal for your situation. 

Enjoy peace of mind with an umbrella policy

An umbrella policy is a real financial safety net. As a responsible adult, you probably already have car insurance, homeowner’s insurance, perhaps even boat insurance. All these policies have payout limits for particular types of claims. So, what happens if, for instance, you are involved in a car accident and your liability amount for the accident exceeds the car insurance policy limit? In short, if you have umbrella insurance, it will cover the shortfall. You will be able to protect your assets and avoid a financial setback.

Coverage for uninsured and underinsured driver liability

Busick Insurance Agency LLC in Orleans, IN points out a further benefit of owning an umbrella insurance policy. Protection in the event you have an accident with an uninsured or underinsured driver.  If the other driver’s insurance cannot pay out enough to cover the cost of your medical bills and car repairs, you can claim the shortfall from your own umbrella policy. And, if the other driver happens to have an umbrella policy, you can claim all the damages from him regardless of the low liability limits on his insurance policy.

Protection for your immediate family members

An umbrella policy also provides an additional level of protection for your family. If anyone in your immediate family is involved in an unfortunate car accident, they are also covered under your umbrella policy. It means that you can use the policy to protect your loved ones in a situation where they are deemed liable for property damage or injury of someone else.

If you live in Orleans, IN, come to speak to a friendly agent at the Busick Insurance Agency LLC. They will carefully assess your needs and provide a policy that will give you the appropriate amount of coverage.

Is it time to upgrade your health insurance plan?

You have kept the same health insurance plan for more than five years. Some friends and even family members have told you to consider upgrading your policy. The work that goes into searching for another health insurance policy in Orleans, IN, however, is overwhelming. Busick Insurance Agency LLC can help you determine if it is time to upgrade your health insurance policy. 

When did you last look at your health insurance plan?

Many consumers stop at the fact that they are covered with some type of health insurance policy. Having indemnity coverage, however, is not enough. 

How would you pay a high deductible if you need emergency care? Also, does your health insurance include all of your eligible dependents? These questions and more are why it is important to review the terms of your health insurance plan often. 

Can you afford higher monthly premiums?

Some policyholders purchase the cheapest health insurance because it is all they can afford. You, however, may be able to pay more in monthly premiums now that your career is more established than five or ten years ago. You should contact an insurance specialist immediately if you want to pay more in monthly premiums to potentially reduce your deductible rates. 

Has your lifestyle changed?

Some buyers prefer less health care coverage because of lifestyle changes that require fewer visits with the doctor. Others may need more coverage due to marriage or the birth of a newborn. You should consider all of your lifestyle changes when determining if it is time to upgrade your health insurance plan. 

The agents at Busick Insurance Agency LLC can help you decide if changing the terms of your current health insurance policy is the best choice. Call today to get started with a quote!

What Is Life Insurance and Why Does It Matter?

Life Insurance refers to a binding contract between an insurance provider and an insured. The policy provider commits to pay the enlisted beneficiaries a sum of money upon the insured’s demise. The money in such cases is payable in exchange for a premium. 

Busick Insurance Agency LLC is among the established life insurance providers offering this coverage to individuals in Orleans, IN. 

For life insurance to be binding, death must have preceded. Most people assume that life insurance is for retirees. However, contrary to this assumption, the earlier you consider this plan, the more prepared you’ll be about the future of your beneficiaries. 

Importance of Life Insurance 

Life Insurance Has a Wide Array of Benefits in the Long-term.

Helps Leave Your Kids Financially Secure

No one knows the hour nor the time of death. When you have invested in a life insurance plan, you have the guarantee that your beneficiaries’ education and other necessities are in line, even in your absence. Every parent should make this critical consideration. 

Helps Accomplish Long-Term Goals

Everyone has goals in life. Some are long-term objectives, which may outlive you. The best part about life insurance is that it can help ensure the attainment of such long-term goals even when you are longer here. Such plans might include building a palatial family home. 

It Can Boost Your Confidence 

Nothing is more fulfilling than knowing your generation is secure financially. Life insurance can help you walk through life with the confidence that everything is under control. This is more so when you start saving early. 

Trust Us with Your After Life 

Do you live in Orleans, IN, or areas around Indiana, and wonder where or how to access more information about life insurance? Busick Insurance Agency LLC has all the answers. Feel free to contact our insurance specialist for the best coverage options today.

Commercial Insurance Types

Starting a business in Orleans, IN requires forward planning, market and industry research, a great location, and the proper equipment. Amidst your business plan writing and leasing office space, you also need to obtain the appropriate commercial insurance from Busick Insurance Agency LLC to protect your business and your investments.

Buying business insurance does not work like buying home or auto insurance. Those types offer one choice, but the selection of commercial insurance types ranges from the liability policy every business needs to specialty policies like E&O, malpractice, and glass insurance.

Meeting with your insurance agent provides the simplest way to know what coverage your business needs. They can review your business plan with you and go over the massive number of possible policies available. The potential policy types include:

  • Business owners’ bundle which combines the four most common policy types,
  • Boiler and machinery also called equipment breakdown,
  • Business interruption, 
  • Commercial auto,
  • Construction, also called builders’ risk,
  • Crime,
  • Debris removal,
  • Errors and omissions (E & O),
  • Glass,
  • Inland marine,
  • Professional liability also called malpractice,
  • Officers’ and directors’ liability policy,
  • Law or ordinance, 
  • Tenant’s policy.

Carrying the appropriate business coverages reduces your business risk. That only works if you purchase the right policies though. A doctor would not reduce their business risk by purchasing an inland marine policy, just as a dry-cleaning business would not reduce its business risk by purchasing a malpractice policy it did not need.

Stop by today or call Busick Insurance Agency LLC serving Orleans, IN. We can help you learn how to reduce your business risk with the right combination of policies. We can also assist you in determining the amount of coverage you need to appropriately address business risk.

A Guide To Help Indiana Residents Understand The Basics Of Medicare Insurance

Busick Insurance Agency LLC assists the Orleans, IN community by offering residents insurance coverage. Our primary goal is to help our clients find the insurance coverage that they need to take care of their families and protect what matters most.

Medicare Insurance Basics

Medicare Insurance provides you with security as you age. The policy ensures that you will have assistance in the event that you need to go to the emergency or your primary care physician advises you to take a prescription. There are several different types of Medicare coverage available.

Medicare Part A covers you in the event that you are admitted to the hospital for a substantial period of time. The policy also covers you in the event that you have to undergo treatment at a nursing home or hospice. Medicare Part B covers your visits to your primary care physician, including your regularly scheduled checkups every year. In the event that you seek outpatient care or you have to go to the emergency, you will be covered.

You may also choose a Medicare Advantage Plan, where you can receive additional protection, such as dental and vision coverage. With a Medicare Advantage Plan, you’ll have to choose a primary care physician within a specified network. Medicare Supplemental Plans are available if you are looking for an extra layer of security besides your traditional coverage. Medigap coverage protects you if you seek coverage outside of the country. Regardless of the policy that you choose, pay attention to the deadlines for signing up. Medicare insurance can be an asset as you start making plans for the future. In the event that you have a medical emergency, you will be protected.

Busick Insurance Agency LLC Will Help You Find Coverage

For over 50 years, we have helped families in Orleans, IN finds the coverage that they need. For more information on Medicare insurance, visit our website today!

Top Tips for Parents of Teen Drivers

New driver in the household? That’s okay! You might be a little nervous, but they are going to do great out on the road. Here are a few top tips for parents of Orleans, IN teen drivers.

Your Teen’s Grades Matter

One of the most important things parents of teen drivers need to remember is that your child’s grades have a huge impact on their auto insurance premiums. Most carriers offer a pretty substantial discount for high marks, so keep this in mind and let our Busick Insurance Agency LLC team know when those report cards come in.

They Learn Driving Habits from You

Another important tip is to remember that your children learn driving habits from you. If you’re regularly out there texting, putting on makeup, or eating while driving, they’re likely to mimic these behaviours on their own. Instead, always remember to drive safely and appropriately while your new driver is in the car.

Use Technology to Your Advantage

While you definitely don’t want your teen using a smartphone while driving, there are definitely apps and other devices out there to help monitor when you aren’t around. For example, Verizon’s HUM app plugs into the vehicle and keeps track of location, fast braking, speed, and more. Of course, this is just one example of the various tools out there, as there are tons. 

Make Sure You Have the Right Insurance Coverage

There are parents out there who are hesitant to report to their insurance company that their teen is now a driver. While this might be tempting to save a few bucks, it isn’t recommended. Why? If your child is involved in an at-fault accident, the incident might not be covered depending on the circumstances. If your insurance company doesn’t know there’s a less than experienced driver in the household, it could nullify your policy altogether. Not a good situation, no matter how you look at it.

Looking for more tips for having a teenage driver in the family? Please contact our Busick Insurance Agency LLC team today to start the discussion.

Common Misconceptions About Renters Insurance

For over 50 years, Busick Insurance Agency LLC has proudly served the Orleans, IN community by offering residents multiple insurance policies. As an independent insurance agency, we have established a successful partnership with several different insurance companies. We strive to meet the insurance needs of our clients while offering excellent customer service.

Renters Insurance

Renters Insurance allows you to cover your property and personal belongings from potential damages. You will be covered in the event that your clothes, furniture, electronics, and other possessions are damaged or stolen. Here is a look at some common misconceptions about Renters Insurance.

You Don’t Need It If You Stay In A State With Good Weather

Many people believe that renters insurance isn’t necessary if they stay in an area that isn’t prone to natural disasters such as tornadoes and earthquakes. Even if you don’t reside in an area where the threat of a tornado is high, renters insurance is still valuable because you’ll be protected in the event that your property is damaged due to a fire or a sudden water leak.

Your Property Isn’t Valuable Enough

Perhaps you believe that you don’t have any valuable possessions you so you don’t need renters insurance. If someone breaks into your property and steals your clothes, electronics, or furniture, renters insurance covers you.

Liability Protection Isn’t Necessary

Accidents happen. There may be a scenario in the future where your apartment floods and the water was to infiltrate someone else’s unit, causing damage. Liability coverage protects you in that situation. The policy is also beneficial in the event that someone is injured while visiting your property.

Consult With Busick Insurance Agency LLC

Renters insurance gives you a sense of comfort that your valuables are protected. Stop by our office in Orleans, IN, and we will help you find the right policy.