YOUR INSURANCE CONNECTION

Wesley Knight 0:00
This is a KU NV studios original program. The following is a paid program sponsored by your insurance connection. The content of this program does not reflect the views or opinions of 91.5 jazz and more the University of Nevada, Las Vegas, or the Board of Regents of the Nevada System of Higher Education.

Donald Marquez 0:22
You Good morning. This is your insurance connection. I'm your host. Donald Marquez, on your insurance connection, we talk about saving money on auto insurance, homeowner's insurance, yes, and we talk about life insurance. Welcome to the show you.

Donald Marquez 0:45
Good morning. My name is Don Marquez. This is your insurance connection. Broadcasting right here at KU NV, 91.5 jazz and more every Sunday morning, from 8am to 830 I'm your licensed insurance broker right here in Southern Nevada, I offer insurance in California for life insurance, Louisiana, Texas, Michigan and, of course, Nevada. I love offering life insurance and other stakes because people hear KU NV everywhere. And I want to thank you for tuning in every week listening to my show and what my show is all about is talking about insurance to educate you the listener at KU nv 91.5 jazz and more, to better educate you about your insurance, your options for life insurance, your car insurance. What do you do when you buy a car? What do you buy? The GAP insurance? It's just so many, it's so many moving parts with insurance, a licensed insurance agent since 1996 Yeah, long time, and I get up every morning since 1996 since, actually November, 25 of 1996 offering insurance to you know, my Customers and my listeners. Listening to this program, they contact me at 70223626247022362624

Donald Marquez 2:11
and they book an appointment. Come in and we sit down and talk about your insurance, your homeowners insurance, your life insurance, renters insurance, if you're a renter, definitely your life insurance. Now, with your life insurance, you have to bring in your policy with you. I cannot pull it up online. However, if you don't have your policy, you should contact your life insurance company and ask for a duplicate policy to when you when you come in you have the policy, I can review it. And if you don't have the policy, that's fine, too long as you know the policy number and the name of the company, we can call the company and get information from the company. As long as you give me permission to talk in your in your behalf, and you want to know this information. And why is that important? Each year on a life insurance policy, receive a statement once a year, it tells you if you have a policy that grows cash value, how much cash value you have in the policy. If you have a policy that's a universal life it tells you the value of the cash assets within the policy, as well as the cash value or the surrender value in a universal life insurance policy. Term policy has no cash value at all. It's just straight death protection. And if you have a whole life policy, it definitely builds cash value. This one of the policies that build the cash value the fastest. Now I can write a whole life policy of $50,000 Universal Life starts at 100,000 and up into the millions, as well as term starts at 100,000 into the millions. What I like to know is, where is your budget? Let's work with that first. Let's make it easy. You know, I can give you numbers all day long. Doesn't mean anything. You know, if you can't afford it or is you want more than I'm I'm quoting. I ask my clients, what is your budget? Let's work with your budget. Make it real simple, real easy. I know it's the first of the year. We getting over Christmas. You know? I know the holidays, it was a lot, very expensive, as always, food, presents, people getting together. And you know, the holidays just come, come, come. You have the Thanksgiving, and then right after Thanksgiving you have Christmas, and sometimes you have birthdays in the month of December, then you have New Year's to celebrate. We just celebrated the Martin Luther King holiday. And you know, people get together for that too, as well. We always have an amazing parade going out downtown, one of the largest parades on the West Coast. To my understanding, and congratulations to the Martin Luther King Committee, and the outstanding job they do every single year with the Martin Luther King parade and just the festivities now, the next holiday, I'll call it a holiday, is a Super Bowl that's coming up right around the corner, and I hope your favorite team, if they're not there, I understand who knew this Super Bowl. Uh, we didn't know who was gonna go into the Super Bowl. Sometimes you have a pretty good idea, but this year, watching football, we had no idea who was going to the Super Bowl. So we're down now to the Final Four. And good luck to all, you know, all the teams that was out there trying to get to at this point. But you know, someone has to win, someone has to lose, but you can be a winner. You could be a winner. Just keep it on top of your insurance. Are you going to pass down generational wealth? And why is that important? Because you know, in the United States, too much consistently, we pass down generational debt. You could be a winner to make sure that your finances are in order, your paperwork is in order you making sure that your family is not going to suffer financially because of your lost loved one is devastating for a family. Sometimes families don't have time to grieve because they didn't take care of the finances like they should have. We work every single day of our lives. Some of us started work at an early age, like myself at 12 years young, I had a paper route. That was kind of my first real job. I started at 12 one. I had to reflect on those many, many years gone by. So the paper came, you know, Monday and Saturday. Monday through Saturday, the papers came, and I had to fold the paper, put the rubber band on there, and so I'm thinking I could take Sunday out. Adam, this is my first week throwing newspapers. So my mother woke me up. She said, Hey, down, down. Get up. Get up. Why was waking me up so early? Mom said, Well, you have to throw the newspapers. I say, today, Sunday? She says, No, you have to Sunday, you know. And the Sunday newspaper, which I didn't know at the time, had all the sales in it. It was the biggest newspaper, so it took me more time to bag those newspapers and put the double rubber band around them, because it was really thick. It took me more time to wrap them up. So anyway, I say this because I started work at an early age, and I've been working all my life. You know, we have to be smart with our money. We really do. I mean, we had to do it all over again. We would do things a lot differently. But it's never too late to change, to change course in life, especially when it comes to your finances. When I started working at 12 years young, you know, I didn't know the value of saving money. I bought it, you know, I bought what I wanted to buy at my young age. And, you know, and you know, I save a little money, but you know, later on and fast forward in life, as we all do we, you know, most of us do. We get married and we have joint incomes, we always live on a budget. Isn't that something? We always live on a budget. And this is why I ask, what is your budget? Moving forward. We all have a budget, you know, people, retirees tell me, Well, you know, Don I live on a budget, so I'm looking for in a policy that I can afford. Well, we all live on a budget when I when I'm working, and I live on the budget, and one day I shall retire. I enjoy what I do, so I'm not looking to retire anytime soon. I thought about it, you know. But what I'm gonna do all day, just sit around, watch television. I don't want to do that. Maybe go to the gym, go on a golf course, you know, ride my motorcycle, but that's good. That gets boring after a while. You know, go to the movies that go out on a date every once in a while, but that's, that's all budget. You got to budget everything. You know, when you go out to dinner, you got to say to say to yourself, you know what? I'm on wheel only gonna we're gonna go to this restaurant, because it's not gonna cost me as much. And I tell people, you know what life insurance policies cost, especially if you're a senior citizen, it's probably less than a date out, you know now, depending on where you go. But if you go to a steakhouse, it's definitely less than a steakhouse dinner. Whoa. Because these steakhouse dinners are very expensive today, two steaks, a bottle of wine with the sides and all the sides. Now you know that that's that's an additional price, as they call it, no no. Not only comes up with the steak and everything else, all the sides are additional cost, along with the bottle of wine. Additional cost. Of course, it is absolutely it is so, you know, let's split the steak and split the sides. I've done that before, and it still costs quite a bit, because these steakhouses are very expensive, you know, I told one client, you know. She said, Well, you know, I like to go out to dinner every once in a while, and and I said, Well, where do you go out to dinner? She said, Well, I like to go to the steak houses. And I said, for for life insurance, what's more important? Have a life insurance, a steak dinner, you know, three times a month. She said, You know, the life is, I can cut that steak dinner down to two times a month and have my life insurance policy. Yes, you can. Yes you can. It's as simple as that. Sometimes you have to realign your budget. I realign my budget. I check on and you should check your checking account every single day. Now, if you have multiple checking accounts, check on those every single day. You can go on your phone app going online to make sure there's no fraudulent activity. Absolutely make sure there's no fraudulent activity. Me, you know, I hope they hopefully this is news you could use. My name is Don Marquez. I'm a licensed insurance agent. I try to give out valuable information to help people along their way. I've talked to people and they said, Well, you know, I haven't looked at my checking account in a while. You shouldn't do that, because people can predators out there looking to take advantage. Just for an example, just to give you an example, and I'm gonna get, I'm gonna get back to the insurance. I received a call just last week. They call, this is, well, this one calling from Wells Fargo, and somehow I'm trying to compromise your, your your your to open up a $10,000

Donald Marquez 10:36
credit card in your name, and I'm gonna trans, I'm gonna give you a code. This is the fraudulent department, and I'm gonna transfer you to to this other individual. I'm gonna give you a code, and they gonna ask you for the code, and then you give them, you know, and they'll ask you for information to verify your identity. I said, Okay, well, why are you transferring me? If you're the fraudulent department at Wells, Fargo Bank, well, this is our procedure, so they, the lady transferred me. I gave the code, but when it came down, the guy just wanted my social security number, right? He said he was from Experian accredited Bureau, and he wanted my social security number to verify my identity. And that's something they're pretty slick these days, these fraudulent people. This is why you need to make sure you check on your checking account, check your credit too as well. You can they have these different apps. Doesn't cost you any money. Make sure all this is relative, because it's relevant. Because when you apply for car insurance, especially car insurance, they do run a soft credit hitting hit on you. All insurance companies do it, so don't think, Well, why would I don't we don't look at your credit but it is a soft hit. Now, if you have a high credit score, you will get a lower rate on your car insurance because all the all car insurance companies rate you according to your credit score. Now, if you have a lower credit score and you have the minimum coverages that could also affect your car insurance rates. This is why it's important to stay on top of your business. Check your checking account, check your credit. Make sure there's no fraudulent activity on your credit. Make sure these are your accounts. And you know when you get these emails and congratulations, don't open those emails because they're trying to get your personal activity I've never seen is so aggressive, I probably receive multiple calls every, every day people want to offer me money, you know, open up a business account. No, leave me alone. I block them. Report it just, you know, scam it is. But, you know, I say this to you because all this when you buy an insurance, you know, all this adds up. You know, a good credit rating will offer you a lower car insurance rate. Now, when you can, when you see these commercials on television, they're absolutely not talking about Southern Nevada. No, they're not talking about Southern Nevada. You know, 15 minutes to save you so much. Or, you know, if you switch over here, you save hundreds. No, we've seen the commercials. We've seen the commercials. I've saved hundreds by they're not talking about Vegas. Believe that. And these are nationwide commercials. So as an insurance professional, I've never seen the rates this high, but I try, as an agent to find you the competitive rate. I work with multiple car insurance companies. My contact phone number is 70223626247022362624,

Donald Marquez 13:36
my business hours are Monday through Friday, from 10am to 5pm I'm located on the corner of Sahara Rancho in the US Bank Center, located on the eighth floor, 702-236-2624, my name is Don Marquez. This is your insurance connection, and I broadcast right here at KU nv 91.5 jazz and more every Sunday morning, from 8am to 830 tuning in for the very first time. Welcome to the show. I've been fortunate to be here almost going on three and a half years now. It's KU NV, and I want to thank the staff and management for giving me this amazing opportunity to come on the air and talk about insurance, educating you on insurance. I want to give a shout out to my engineer, Mr. West. He's the best. Thank you so much. Mr. West, he's always cool. You know, he I never seen this guy. I don't think he could get upset. He's a calm, one of the coolest man I ever met. But you know, being over here at KU NV, it's exciting. I get to see the DJs this broadcast and Dr Ridley that called me and asked me would come over here at KU and V 91.5 jazz or more, about three and a half years ago, and to broadcast and to educate you on insurance. I'm a licensed agent since 1996 I started with Allstate Insurance Company. I stayed there for six. Seven years with my own agency, had a staff. And you know when you're good at what you do, and I was good at what I at, Allstate, I was recruited to go to a triple A insurance company, and I sold my business with Allstate, went to AAA insurance company. I stayed there long enough to retire, came aboard as a broker in 2015 going into my 11th year as an insurance broker. Now, what is the difference between a person that works for a captive company like I was working for Allstate at my initial career in the insurance industry? One of the things about Allstate, they really taught us very well. They taught us very well how to be insurance professionals. AAA also was a great place to learn the insurance business, and I'm taking all this experience. The difference is being a captive agent with Allstate and AAA is I can only offer AAA products, all state products. That's it. Now, if you didn't fit in their box on their underwriting guidelines, I could not offer you insurance for an example, when I worked for Allstate and AAA, if a person came to me and let's say they had diabetes and they were on Metformin, for an example, maybe, and I submit the policy, it may and may go through underwriting. It may not, but most of the time, I got rejected. Unfortunately, when I was in it, when I was in it, working for those companies, I was rejected. I would pick up the phone and call a broker. Oh, hey, hey, Mr. Insurance broker, can you place my customer with life insurance. I have the home and auto they need life insurance. The company that I'm currently working with is turning them down for coverage. Not to say this happens to Allstate or AAA, I'm just giving you an example. What happens with a captive agent. As being a captive agent, I would have to go outside, you know, my company products, and call an agent, and they would write it every single time. Oh, they're on Metformin. They have diabetes, no problem. Oh, they're on insulin, no problem. As a broker, it's always, no problem. They had a history of cancer. Oh, we can write the policy. They would always be able to write my clients a insurance policy. And I said, you know, in 2015 I went to my wife and I said, you know, I want to be a broker. It's time for me to be a broker. I've been in this business for a very long time. I want to be able to offer my clients have options. I represent 60 life insurance companies now, when I was a captive agent working for Allstate and or triple A I only had that one company to write for now. I have 60 life insurance companies to work for. I have a handful of auto insurance carriers to write for. Now, if you're experiencing with your auto insurance policy, your company is leaving the state this. This is happening right now. A lot of companies are leaving. Auto insurance carriers are leaving the state of Nevada. They're getting out of here gone when I when I started as a broker, back in 2015 I had 12 auto insurance carriers I could write for. Now I'm only down to a handful. Just to let you know, a lot of these companies are leaving Nevada. And I think you know, sometimes when you have less competition. This is my opinion, because I've never seen rates this high before. Everywhere, through all the carriers that's here in Southern Nevada, they can take advantage of it. And you know, if you have an accident or a ticket, I've seen rates just unbelievable. This is why it's so fortunate for me, as a broker, I can shop those rates for you. 702-236-2624 My name is Don Marquez. 702-236-2624 my location Sahara Rancho in the US Bank Center. I work by appointment, or you can text me at 702-236-2624 My email address is donald.marquez@outlook.com Again, Donald dot Marquez, M, A, R, Q, U, E, z@outlook.com I prefer a phone call. It was always good to call me if you're in the market of buying a car. And you know, sometimes people, you know, with the with the first of the year, people buy cars because the new ones coming out, and the previous years they, you know, they sell them. You know, everything's on sale. It's always a deal. But if you buy in a print a car, or a new car or a pre owned car, and the finance manager asks you, do you want GAP Insurance? GAP Insurance is very important, especially if you put a little bit of down, or minimum down, or no money down on a vehicle without a trade. Now, if you have a trade that can cover the gap, or if you still owe money on your trade, you know you want to, you want to kind of put some money down, because the offset of what you owe, let's say you owe a. A XYZ dollar on your amount on your car, but you have an offset of, let's say, six or $7,000 in other words, your car is worse. It's worth less than you owe on it, and you upside down, $7,000 now, if you have no money, what they're gonna do, they're gonna take that $7,000 and put it on top of that new purchase. So they go, now your car went for that whatever that price was, now an additional $7,000 because the money owed on your car is rolled over into the new loan, and that's how they do that. But now you're in a situation where you need gap car insurance because it covers the loan. If you your car is totaled out, and there's a gap with the cost of cars today averaging 4050, 6080, 90, $100,000 now some insurance companies will offer the gap for you, but you can compare rates. But I suggest just put it in your loan, or just pay for it separate. You do have the option to pay for it separate. And usually the GAP Insurance from the finance companies is a lot, you know, a lot a lot more cost effective than buying from the insurance company. My name is Don Marquez. This is your insurance connection. And you know, there's a lot of moving parts to life itself. You're navigating through the ups and downs. You know, things happen, you know, people with loss of loved ones. You know, I'm getting in that age now, when I've seen a lot of my friends passing, I'm a senior citizen, and I've seen year after year, you know, loss of friends, loved ones. And, you know, it's just I'm at that age, and we and the older you get, the more you see it. If you're kicking the can down the road and you're procrastinating on purchasing life insurance policy, it's not that difficult. It's not and every time I offer a policy, and people come in and they buy it, the first thing they say, and this happened quite often. I should have did this a while back. I'm so glad now I have this policy. I'm gonna keep it. I'm not gonna let it go, because my family needs this coverage. With funeral costs today being anywhere from 15 to $20,000 and up, yeah, and up, yeah. I mean, you know, people going out. I want everything from my dad. He was great dad. I just want the best of the best of the best. And it's only you know, the people at the funeral home, yeah, no problem. We'll give you, I understand. And they give you the bill name, like, Oh my god.

Donald Marquez 22:28
How can we reduce this? And when you go to the mortuary, that figure is different from the cemetery. That does not in most cases, that does not include the plot, the the container, the vault, or whatever you want to call it these days, because they put the urn or the casket in the vault, and so the dirt doesn't hit the casket anymore. All this is extra cost to you, and if you don't have the money, you lose a loved one who's going to pay for it. Would you want to leave your spouse and that kind of debt? You know, I mean, it's not, it's not healthy relationship. When you and your wife has been telling you, and I'm talking to the guys now, your wife been saying for you know, honey, we need life insurance. When you're like, yeah, yeah, I know. I'm watching the game. Leave me alone. I don't want to talk about that right now. You need to talk about it, and we can talk about it together. We can sit down in my office or, you know, we can have a phone call and talk about planning your future for life insurance policy. The rates are based on the medications you take your age. I do have policies where, if there is absolutely no physical and rates and benefits start day one of the life insurance policy. If you're receiving these offers in the mail for accidental only, life insurance coming by way of your credit union, your banks, department stores do not purchase accidental only life insurance. They target seniors because they're vulnerable. They have no insurance. Oh, I can get this million dollar life insurance policy and pay less than what a, you know, a fast food burger would cost. That doesn't make sense. You're in your 70s, and you get a million dollars for a policy, and it costs less than $20 a month. You know, something's wrong with that. It truly is, you know, because it never pay, it'll never pay out. My name is Don Marquez. I'm a licensed insurance broker. I love what I do. I love helping people. Let's, let's have a real conversation about your securing your family's future. You know, when it comes to that time, and I've seen it more than once with family members and friends, you want to be prepared. You don't want to go into the mortuary and not prepared. That's not a place you want to go. They don't finance funerals. They they want all the money right now upfront all of it, to put your final to put your loved one to rest, to take care of those final expenses, they need all the money right now. And you don't want to go in there. Well, I don't have any money, you know? How can we do this? And you know those outlets like GoFundMe and I want to donate my. Body to science or research. They have enough bodies with the homeless people. I've had customers come in me. Well, you know, I don't need life insurance. I just want to come in and talk to you about it. My plan on giving my body to to the attendee university or to the science and then, listen, they have plenty cadavers. They don't need yours through the homeless population. They just do. They have plenty to work with. They don't need yours and you know, but see, that's an excuse not to get a life insurance policy. It does. It costs money to put you to rest. It does. There's no way around it. Now, if you've saved the money, you know, you have 20, you know, and it's gonna cost you more, just than the funeral. There's other expenses too. There's mortgage, there's utility bills, there's there's a car payment, there's a car insurance, and the list just goes on and on. What if you have young children? What if you have young children to own their way to college here at UNLV, I mean, or wherever they might go that still costs money. You want to make sure the continuation of life happens. And I'm gonna tell you something, when it comes to death, it doesn't discriminate. At all. You know, I've been in this business for 30 years, and I've offered policies to people, young people have passed. You know, young teenage people, 30 year olds, 40 year olds, and I get to call and say, Thank you so much for offering my family life insurance because now we need it, because my son, young son, just passed. You know, we never know if you have a history of cancer, lupus, multiple sclerosis, if you are if you're diabetic, if you if you own insulin. I mean, just give yourself an opportunity to find out what's available for you, for your family, to give you that peace of mind you need, you know, life insurance we all need. I can find a policy that will fit in your budget. You insure day one without a physical 702-236-2624 My name is Don Marquez again, 702-236-2624 we broadcast right here. KU, MV, 91.5 jazz and more every Sunday morning from eight o'clock to 830 you guys have a wonderful day today. We'll do this again next week. Until then, just keep it crispy. You.

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