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Lloyd Pro Group
Is Big Brother Watching?
The next time you may be tempted to make a small claim on your home insurance policy… you may want to think twice before doing so.
Allow me to explain.
Clark Howard has told us many times not to make too many claims on your Atlanta homeowners insurance policy. We have all been encouraged to pay small claims out of pocket so that the insurance companies do not penalize us. Now you would think this would be enough to keep us out of water. Unfortunately though… it may not be.
In this article on moneycentral.msn.com it tells us that making a claim could actually make it difficult for you to sell your home later on down the road. Even worse… most people don’t have a CLUE that you could be penalized for the insurance claims made by a previous homeowner! These claims could damage the value of your home & perhaps even jeopardize the sale of your home in the future. (Even though you NEVER made a claim yourself!)
How is this even possible?
It turns out that insurance companies are relying more and more on a a huge industry database, called CLUE ( Comprehensive Loss Underwriting Exchange.) This extensive database will give them the information they need to make the decisions they needed to drop or deny coverage based on insurance claims that have been made on the home. It keeps track of every single claim ever made on each house.
The problem is that insurance companies are being overwhelmed with claims from natural disasters such as the hurricanes that wreaked havoc in Florida, Louisiana and Alabama. Then think about the thousands of homes that received water damage because of the Atlanta floods we had this year. As a result in order to protect themselves from water and mold damage, insurance companies can choose to deny coverage for any home if there was any claims or even a report of water damage problem in the past.
This means a person could find themselves in the position of having a home that no one will cover. This in turn means that they also own a home that they can never sell.
In a future article we will share some tips on how to protect yourself from this.
Lloyd Pro Group a Duluth Ga Nationwide Insurance agency has been helping families to protect what matters most with GA insurance since 1985. Lloyd Pro Group can be reached at (770) 497-1200 or at their website at http://www.lloydprogroup.com
How To Cut Medical Bills By Up To 30%
Who else wants to know how to reduce their out of pocket hospital bills?
If you are strapped with the financial burden of unpaid doctor and hospital bills, then this may be the most important article you will read today.
John had Atlanta health insurance for years with his employer. This past year he was laid off and had to get insurance on his own. With money being as tight as it was he spoke to an insurance agent at Lloyd Pro Group who suggested that he could lower his monthly premiums and get affordable health insurance in Georgia by getting a high deductible health plan.
Then the unexpected happened. John suddenly needed back surgery. The operation was successful but John almost had a heart attack when hes saw the bill for Read the rest of this entry »
Individual Health Insurance Atlanta GA
Here are 4 tips to getting individual health insurance in Atlanta GA
There are times when your circumstances may change and you need to get a Atlanta health insurance plan on your own. We’d like to make a few suggestions and then we will show you how to get an affordable quote.
1- Work with a health-insurance broker:
A broker can shop all the top health insurance companies for you. Don’t settle for an agent that represents only one company. You can read more about this in our article how to choose an Atlanta health insurance broker.
2- Try an individual catastrophic health plan: Read the rest of this entry »
How To Choose An Atlanta Health Insurance Broker
Why is it important to choose the right Atlanta Health Insurance Broker?
It simply comes down to this one thing and one thing alone — savings and service. If you are not careful you could fall for three of the most common pifalls when getting Atlanta health insurance for themselves. Therefore, there are a few things you need to know before making your final decision.
1- Work with a health-insurance broker:
All insurance agents are not created equal. The truth is that many of them specialize in one or two things. They may know car insurance or home insurance inside out, but know little if anything about health insurance. Then you have health insurance agents that represent only one company. If you work with an agent like this, your choices will then be severely limited as you can imagine. A broker can shop all the top health insurance companies for you. This means that you save each and every month on your health premiums.
2- Sometimes the “lowest price” turns out to be the highest!
What good is it to get a health plan if the rates are going to skyrocket next year? This is a common mistake that people make. One carrier may be a few dollars cheaper than the the others, so a client will opt for the “lowest price”. What they do not realize is that some companies will do this to “buy” your business only to jack up the rates 30% or more the next year.
That is why you want a really capable broker that will not only will help you shop for price, but they will know if a company has the reputation for raising premiums or giving policyholders who file claims a hard time. Does that make sense?
3- Choose a local insurance agent
Did you know that many of the websites you may be searching on are not local businesses? They are aggregators that are owned by companies that may be hundreds or even thousands of miles away. Many of them are not even in the insurance business but are in the marketing business to capture and sell insurance leads. You want to work with a genuine local Atlanta insurance agent that will be available to talk with you in person if you need to. For example did you know that besides the Duluth GA insurance agency Lloyd Pro Group has, that they also have an Atlanta, Dekalb county, as well as a Douglasville GA insurance agency too?
You will never be able to forget that a website that only gives you the option to fill in a form will not allow you to experience the benefits of having your own personal insurance agent. Remember that a local agent will help guide you through the points and pitfalls that we just mentioned above. Do yourself and our local economy here a favor by working with a local
Lloyd Pro Group is an Atlanta health insurance broker that has been helping families get affordable insurance in Atlanta since 1985. They can be reached at (770) 497-1200 or on their website at http://www.lloydprogroup.com
How To Get Affordable Health Insurance In Georgia
If money is tight and you are looking for affordable health insurance in Georgia, then a high deductible plan may be the answer you are looking for.
What is a High Deductible Policy?
Now don’t let the term “high deductible” scare you. In fact, once you see the math, you may be wondering why no one showed this to you before.
A high-deductible policy or catastrophic plan means that you will pay more of your routine medical costs out of pocket (Dr visits, checkups etc), but these policies will protect you against catastrophic medical bills. So you if you let’s say need an operation for heart surgery you are protected. This is an excellent way to get low cost Atlanta health insurance and depending on your deductible it may even be eligible to be used with an HSA (Health Savings Account).
What about my doctor visits and checkups?
That is a common question that people ask. The good news is that having the catastrophic coverage also entitles you to Read the rest of this entry »
Will My Home Insurance Pay For Sewer Back Up Clean Up?
Atlanta home insurance and sewer back up
You know how hard you work at keeping your bathrooms clean. Now , close your eyes for a moment and try to imagine how disgusting it would be to see raw sewage overflowing from your toilets in your bathroom. Now imagine what it would be like to have to clean it all up yourself!
But wait… that is what I have Atlanta homeowners insurance for, right?
Will my homeowners insurance policy cover me for sewer back up?
The answer really depends on Read the rest of this entry »
Will Home Insurance Protect Me From Termite Damage Repairs?
Termite damage and atlanta home insurance
When I first moved to Atlanta 20 years ago a friend told me his view on termites. He said, “It’s not about “if” you are going to get termites… its a question of “when” you are going to get termites”. So if you are a homeowner you might very well be concerned about these persistent problematic pests!
Will your Georgia home insurance protect you from termites?
You may be surprised to hear that the answer is Read the rest of this entry »
How to qualify for an Atlanta HSA
In our last post we talked about the benefits of an Atlanta HSA or Health Savings Account. An HSA is a tax free savings account that when combined with a high deductible Atlanta health insurance plan offers many benefits. Today we will discuss how to qualify for this tax free way to pay for medical expenses.
Point # 1: Who qualifies for an HSA?
In order to open an HSA:
- You must be covered by a qualified Read the rest of this entry »
7 Tips To Find Out If Your Home Is Under Insured
At first you may be tempted to say, “I have Atlanta homeowners insurance already… This doesn’t apply to me.” However, after reading these 8 points you may very well believe that in fact your home might be under insured.
There is an old saying that says, “You get what you pay for”. The danger of shopping for the lowest price has left thousands of families in Florida, Louisiana & California in massive debt because they were grossly under insured. Even after receiving their check from the insurance company they didn’t have enough to rebuild their homes and replace their belongings after natural disasters like hurricanes, flooding and forest fires. In fact, 75% of California homeowners that were affected by the 2007 wildfires were under insured on the average by a whopping $240,000 each!
We don’t want you to fall into that same trap. So review these points carefully and afterward do a little soul searching to see if you are unnecessarily exposing your family to risk. Read the rest of this entry »
Home Insurance and Dangerous Dogs
Did you know that some insurance agencies were canceling insurance policies because of dangerous dog breeds?
This news story is about the pit bulls waiting to be adopted at the local Massachusetts dog pound before they are euthanized. One woman is interviewed that Read the rest of this entry »
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