The Antique Show And Your Home Insurance Policy

If you haven’t had the opportunity to watch the “Antique Road Show” yet, then you are in for a treat. This PBS program is usually on Sunday evening. Imagine a group of antique appraisers and experts that travel throughout the United States helping people learn what their garage sale  finds and family heirlooms are actually worth and how much they should insure them for. Everyone is hoping to find out that the jewelry inherited from Aunt Bertha or the oil painting they got at the garage sale was going to make them rich. Most folks leave disappointed but everyone has a good time.

Recently a woman brought her “prized” find from a garage sale. This old oil painting cost her $3.00, and you can tell that she was proud of the deal that she got. I looked at my wife and I wasn’t impressed. I never would have bought it personally in a thousand years.

The antique painting appraiser went on and on about the early 20th century artist who was now growing in popularity among art collectors in that local region. They reviewed the areas that were damaged and showed signs  of wear and tear. The woman looked depressed as they did this. However,  the appraiser assured her that it wouldn’t affect the value much.

As they always do they asked the woman what she thought it was worth. Read the rest of this entry »

How To Get Affordable Car Insurance In Duluth GA Even With Bad Credit

Will Home Insurance Cover My Expensive Jewelry?

If you own any valuable jewelery, antiques or family heirlooms then you need to read this. You might assume that if you pay your Atlanta homeowners insurance policy on time that you would be automatically covered in case of a theft. You will be if… you have something called an insurance “rider”. What is a “rider” and why do you need one?

With the rise of unemployment we are seeing more and more break ins in Atlanta. What if someone stole your engagement ring or favorite antique?  Would it be covered?  Well that depends on how much it is worth.  Most insurance companies will provide up to $1,000 in theft coverage for an item.

Lets take a scenario of your $3,000 diamond ring being stolen. Your basic home owners policy will pay $1,000 towards that claim. You would then be $2,000 short if you wanted to buy a new one just like it. That is why it may be wise to invest in a “rider” to cover these valuables that you have. This “mini insurance policy” will cover you up to $10,000 or more if you need it. This means that you will have more than enough money to replace your precious possessions. Read the rest of this entry »

Understanding Auto Collision Insurance?

What is Collision coverage?

In our previous article we have discussed auto liability insurance which protects you from lawsuits that may occur because of accidents you may be involved in. But what about the repairs to your car’s damage?  That is where collision insurance comes in handy. For example, make believe you backed your car up and hit a tree or another car; collision coverage will help to pay for your vehicle repairs as well as having it repainted too.

Now while this form of auto insurance is not required by the state of Georgia, your bank may require it if you buy or lease a new car.

Should everybody get collision insurance? Well that depends on Read the rest of this entry »

Why You Need To Think About Auto Gap Insurance

What is auto gap insurance and why should you seriously think about it?

Everyone knows that the moment your car drives off the new car lot that it immediately begins to depreciate. Depending on the year and model of the vehicle, some estimates put  that depreciation as high as 25%-33% of what you paid for the car.

Everyone knows that banks require that all new cars have Georgia car insurance. Now here is the magic question… Read the rest of this entry »

How To Make An Auto Insurance Claim

Nobody ever wants to get in a car accident, but unfortunately, even if you are a safe driver the odds are in favor of us eventually being involved in some kind of car accident. Since panic, fear and emotion can take over quickly, it is wise to have a set plan of action in mind ahead of time. How important is this to do? It could mean the difference between making your claim experience either a breeze… or a nightmare.

1. Contact your Atlanta car insurance agency immediately. Read the rest of this entry »

What is uninsured motorist insurance?

Why you need to seriously consider uninsured or under insured motorist insurance:

You are taking a nice relaxing drive with the family one sunny Saturday afternoon. You are patiently waiting at a red light for it to turn green, when — WHAM! Someone hits you from behind.

Everyone is stunned because of the traumatic impact. The kids are crying. You make sure everyone is OK for now and after calming them down you go outside to inspect the damage and exchange car insurance information with the other driver. After all, they hit you from behind. It is clearly their fault and their insurance should cover everything… right? Read the rest of this entry »

Will You Be Renting After You Sell Your Home?

Due to the economy and the amount of people that have lost their jobs and now find themselves unemployed, many homeowners are now seriously considering renting. Maybe you find yourself in a similar situation, especially if you are in a loan with an escalating interest rate. Combine this with losing your job and the eliminating  of the Georgia homesteads exemption tax break and you can see that renting a smaller home or apartment is looking better and better each day for some families.

Just a couple of reminders:

1- Your existing Atlanta homeowners insurance policy may or may not protect you during your move. Recently we discussed this in another blog post on whether you should buy the additional insurance moving companies offer. Read the rest of this entry »

What is the minimum car insurance in GA required?

How to get the minimum state required car insurance in GA

Money is tight for a lot of folks these days. Naturally, they are looking for ways to save on their GA car insurance too. In previous articles we have discussed how to get Atlanta car insurance discounts. Today we will talk about how to get the minimum insurance required by law. Then we will show you how to get an affordable quote.

Did you know that the only insurance required by the Georgia to drive on state roads is general liability insurance? More importantly, what does general liability cover? Read the rest of this entry »

Will my auto insurance cover a rental car?

You work hard all year long for the chance to get a way from it all on vacation. If you are flying somewhere you will most likely be needing to rent a car when you get to the airport. That raises an important question then… Should you get the extra insurance that the car rental facility strongly promotes? If you have wrestled with the this question before then be assured that you are not alone. So do you need the extra insurance  or not?

That depends…

Many GA auto insurance companies will extend your Read the rest of this entry »