YOUR INSURANCE CONNECTION

Announcer
0:00:00
This is a KUNV Studios original program.

Wesley Knight
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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 & More, the University of Nevada Las Vegas, or the Board of Regents of the Nevada System of Higher Education.

Donald Marquez
0:00:25
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.

Donald Marquez
0:00:46
Good morning, this is Donald Marquez with another addition of your insurance connection broadcasting right here at KUNV 91.5 Jazz and More. Sunday morning from 8am to 8.30. Welcome back y'all. And I want to thank the listeners that came in and purchased home, auto, and life insurance. Thank you so much for your continued support right here at KUNV 91.5 Jazz and More.

Donald Marquez
0:01:10
You know I love coming on the air talking about what I do as an insurance broker. You know, educating, this is an educational show and I am a broker offering auto insurance, homeowners, life insurance, boat, motorcycle insurance, it's boat and motorcycle season as far as I'm concerned. You know, some people like to get on the water when it's a lot cooler, they don't like to be out there when it's very hot.

Donald Marquez
0:01:33
But you know, if you want to compare rates on your motorcycle, your boat. I'm available at 702-236-2624. 702-236-2624. My location is on the corner of Sahara Rancho in the U.S. Bank Center, located on the Saturday by appointment 702-236-2624 there's a lot going on we have the election that's happening right now and you know people please get out and vote you know your vote your vote is your voice regardless who you candidates are what party you

Donald Marquez
0:02:20
represent but it's important for all of us to get out and you know pick the candidate of your choice for whatever reason you know pick your candidate and you know move forward. So we need to vote and it's our democracy and it's part of what we do here in the United States. Other countries don't have the luxury as we do but you know we need to exercise our vote. All of us need to get out and vote. My name is Donald Marquez. I'm a licensed insurance broker in the state

Donald Marquez
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of Nevada, California. Yes, and I do receive calls from time to time from people that live in California because they do listen to KUNV, 91.5 Jazz and More, all over the United States, probably all over the world. But now when you have the app, you can just dial in and listen no matter where you are. When I'm out of town traveling, I listen to 91.5 Jazz and More. I go to my phone app and I have 91.5 Jazz and More with me everywhere I go. Enjoy our smooth jazz, our talk shows on Saturday and Sunday. I'll come on Sunday morning for the last almost three years now and I want to thank the listeners again.

Donald Marquez
0:03:35
I can't thank you enough for your support coming in and purchasing home auto life insurance. You know life insurance is one of my favorite subjects. I'm gonna talk about auto insurance a little bit and then we're gonna go right back into my favorite subject. But auto insurance, let's get you know if you want to compare auto insurance quotes, you know people like to buy cars right before the holidays or right after the holidays people purchase cars because they get

Donald Marquez
0:03:57
their tax refund. But it's a lot cooler now people don't mind going to the car lot looking at the cars. They don't really Necessarily like going when it's very hot we had a long extended summer this year. I am so glad it's over We're getting into the cooler months right here in Vegas But you know if you're out shopping for a car It's always wise to get a quote on your auto before you purchase it. So an only thing you need to do is just get the vehicle identification number, contact me or your insurance agent and

Donald Marquez
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find out what the car is going to cost you before you purchase the vehicle. Many times, many times people, this is what you do, you get excited about buying a car. I get it, I've had that feeling too. You get excited, you go buy a car and then all of a sudden you know you're taking home and everybody see it and you oh man I got my new car new transportation. No breakdowns. None of that a new car smell Well, you know sometimes a used car smell too because we have to get pre-owned cars

Donald Marquez
0:05:01
But you find out what the insurance is and you like wow I didn't realize it was gonna cost that much and I hear it all the time I hear it all the time cars cost more money than they used to. There's a lot more electronics than it's ever been before with these vehicles. They brake now, they have backup cameras, they have sensors everywhere, you know, in the front, the rear, the sides, in the mirrors. I mean, there's just a lot of technology on these vehicles now. They're not as

Donald Marquez
0:05:31
simple as the cars, you know, back in the day in the 70s and 80s when they were building cars without all this computer technology on the cars. GPS, they have everything on them. So when a car costs more money, this is my point, when it costs more money, the car insurance company has to insure the vehicle for more money. It costs more money. So this is why sometimes when you purchase a new vehicle, you think your older car was more for the car insurance, but now the new purchase is probably

Donald Marquez
0:06:04
gonna be a little bit more. I shop for rates for you, and sometimes you gotta understand, if you come out a car that was only worth maybe like 15,000, just for an example, and you step up and you buy,

Donald Marquez
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average car today is between 30 to $50,000, depending on what you get, and even higher. If you get into the luxury, the large SUVs, the luxury cars, you know, you paying north of, I don't know, south, I should say south of $75,000 or more. It's just, they're worth a lot of money today.

Donald Marquez
0:06:40
They cost a lot of money. To me, they're not worth it, but you have to understand the insurance company has to insure that vehicle for the replacement costs. Now, when you go to the car lot you do have an option to purchase the gap insurance. Now you can compare prices but I think in my

Donald Marquez
0:07:00
experience sometimes the gap insurance is cost-effective through your finance company more so than is your insurance company. Now you can compare rates because there are car insurance companies that will offer the gap protection. You just have to compare rates. Now when you finance the gap protection, you know, that's a separate, that's, that's, that's included in your car insurance, your car payment.

Donald Marquez
0:07:25
But when you're in your car insurance, you know, that, that could be a separate payment or it could be included in your car insurance payment. It just depends on how you set it up. Oh, you could pay it up front. It says you, you do have options and you want to know how long you have to keep this You know gap insurance on your car now if you go to the car lot and you put a large down payment down

Donald Marquez
0:07:47
You don't necessarily need the gap insurance. The gap insurance is for people when you when they purchase a vehicle Right. It's the gap between what the car is worth and what the ACV is on the vehicle, actual cash value. The actual cash value means that's the depreciation value of the car. When you pull a car off the car lot, brand new car or pre-owned car, it does depreciate.

Donald Marquez
0:08:11
And so the gap, the only thing the gap does is create that gap. So if you have a total loss in a short period of time owning your new purchase, it covers what you owe and what the car's truly worth. Now, sometimes that don't make sense to people. Well I just bought this

Donald Marquez
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car and it cost this much money. But you have to factor in a depreciation cost. There is a depreciation of the vehicle and it depreciates quite quite significantly when you pull it off a lot expressly especially brand new vehicles. When you buy on a pre-owned car your best shopping method is to go online because car dealers online they have to compete with other car dealers and I think you're gonna find your best rates

Donald Marquez
0:08:52
You can always go to Kelley blue book and always get a carfax Always get a carfax and don't ever purchase a car From a private owner without getting a small check first. I cannot stress that enough Many times you know people call me up. Hey, I just bought a car a private owner I said did you get a smog check? No.

Donald Marquez
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Why do I need to get a smog check?

Donald Marquez
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The car looks good. I said, well, you should go get a smog check. They go get a smog check, the car doesn't pass smog. That's happened quite often in my business, writing insurance. So if you're gonna purchase a car from a private owner,

Donald Marquez
0:09:28
make sure you, and do not take their word, make sure you get a smog check first. Now, if they say, hey, well, here's a smog check right here. No, even if you have to pay whatever it is to get the smog check,

Donald Marquez
0:09:42
it's a small investment for peace of mind. Let me say that again. It is a very small investment for peace of mind that you know you're not giving a person thousands of dollars and the car doesn't pass smog. Regardless of how many miles are on it,

Donald Marquez
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it just gives you a security blanket. Not only get the car smog, we'll run a car fax check on it to make sure the car was not in any major accidents. Now if you have a salvage title, if you have a salvage title that means you bought a car and with a salvage title it's going to be very difficult to get insurance with collision

Donald Marquez
0:10:19
and comprehensive on the salvage vehicle. Because the insurance companies have deemed this car unsafe, that's why it's title, salvage vehicle, do not purchase a car with a salvage title, unless you're gonna use the car for parts. Now let's say you buy, you know,

Donald Marquez
0:10:38
an older car or a car that you're gonna use for parts, that's okay, if you're gonna take parts off that salvage vehicle, and you're not gonna register the salvage vehicle, but you're gonna use those parts to put on your car that you're building or whatever you're doing

Donald Marquez
0:10:53
Your project vehicle you need a salvage car with parts on it to take parts off that vehicle and put on your new vehicle This is news you can use my name is Donald Marquez This is your insurance connection 702 236 2624 702-236-2624. I encourage again when you before you purchase a car

Donald Marquez
0:11:11
Let's get a quote on the car insurance first before you make your final decision So, you know exactly if you're financing the car, you know what your payments are going to be You know what your car insurance payments are going to be now It's always better to pay your car insurance for the full six months or a full year in advance. I try to offer yearly policies as much as I can. Sometimes people do qualify for the yearly, sometimes they don't. But if you could pay your car insurance policy

Donald Marquez
0:11:52
in full for the term, you're gonna get a better discount. You are. Now when you go on here on TV, we can save you how much, whatever, you know, you've seen the commercials I've seen the commercials and they bombard us all the time but it's just they don't tell you the the ins and outs they don't they don't you know they're not talking about Vegas number one they're not talking about Vegas they just Southern Nevada they're not talking about us that's that's we're excluded out of that

Donald Marquez
0:12:21
conversation when you have 15 minutes to save you or you know a bundling and all the stuff you hear on television. You know, they're not talking about us here in Vegas. You know, Vegas is unique. It has its own individual you know, thing when it comes to insurance. I don't know why we, we, we, it's a lot of reasons why we charge more for insurance here in Vegas. And not to say that me, but I'm just saying in general we pay more

Donald Marquez
0:12:48
car insurance overall than in most states. I'm going to say that. In most states we pay more for car insurance. Every city has something that's our something. And to get your car registered, if you're just moving to Vegas, you're going to find out quickly that our car insurance rates are a little bit higher, probably, than where

Donald Marquez
0:13:06
you came from. It is what it is. It's Las Vegas. Welcome to town. Even to get your car registered, I've heard people say, I only cost $30 to get my car registered really but it's going to cost a little bit more than that here in vegas

Donald Marquez
0:13:20
uh... find out all the details first before you purchase a car you can even find out you know get a roundabout what the registration will cost uh... before you make a major purchase these cars today are major purchases

Donald Marquez
0:13:34
you know you're going to have forty fifty thousand dollars for a car today that's a lot of debt and your car payment is very expensive. You know, that's a lot of debt. And then you got your car insurance on top of that. If you have 16 year olds, 17 year olds, 18 year olds, that you're planning on buying a car for for Christmas, you really need to shop for the car insurance. You know, I know you have good

Donald Marquez
0:13:56
children, straight A students, all that helps. Because you know, you can get the good student discount. Now that does help but you keep in mind listeners that your children or your grandchildren you thinking about purchasing that car for and they're only you know that let's say they're 18 and they're going to go to college and you want to do something special for them the insurance is going to be a little expensive. It really is. It's gonna be a little pricey. It's not like it was you know back in the day and I know some of you think that way but you know the young driver just does not have enough driving experience especially young men especially young men just want

Donald Marquez
0:14:34
to let you know it's not it's not just me the companies that I offer you know but no it's overall in general you really need to think about it twice before you purchase that 18 year old a vehicle as a gift for Christmas. Because you know, if it's not in your budget with the car payment or the car insurance, if you pay cash for it, you know, like I said earlier,

Donald Marquez
0:14:58
if you buy it from a private owner, get a small check and run a Carfax on the car to make sure there's no damage on the vehicle or it doesn't have a salvage. Do not purchase a car with a salvage vehicle. Just to recap a little bit,

Donald Marquez
0:15:11
do not purchase a car with a salvage vehicle unless you plan on using it for a parked car to use those parts to put on your project car But other than that, you know I mean as you see many people drive on our roads today and I got to say one thing about Vegas And I've traveled a lot of places in that country

Donald Marquez
0:15:29
Vegas we have some nice roads here. We really do. I was in California Yeah, about a couple months ago. I went down to see family in California and those roads in California are rough. You know, I drove my sports car. I have a sports car and I just, you know, I have an SUV and a sports car. And I said, well, you know, I need to take my sports car on a journey. So you know, California is only what, three hours away.

Donald Marquez
0:15:56
I took my sports car down, you know, and I have a convertible. It's nice. And, and, oh my God, the roads were just rough You know you know you don't feel it as much in the SUV, but the roads in California was just horrible Well coming coming off the mountain coming into a state line in Vegas coming back. I'm talking about coming back Crossing the state line the roads just smoothed out like I was floating on glass

Donald Marquez
0:16:22
in on class. It was a major difference. And all that's wear and tear on your car, all the potholes everywhere. But you know, we complain about the traffic a little bit in Vegas, but we really don't have traffic. I was coming down Cajun Path and that was real traffic. And I don't understand why Cajun Path gets a lot of traffic these days, coming down that mountain or even going up it sometimes. But coming down the mountain in the San Bernardino California area there's a lot of traffic and you find out quickly in Southern

Donald Marquez
0:16:56
California how raggedy, I shouldn't use the word raggedy, but how how the roads are not well maintained that's a better word to say. How the roads are not well maintained not like they're here in Vegas. Vegas I was happy to come home not only that but I like traveling but I always like coming home to Vegas. You know, it's a little hot in the summer, but there's no place like Vegas. You know, you can get a nice meal for a reasonable price in some restaurants, not all restaurants,

Donald Marquez
0:17:26
but over there in California, you know, I just like being at home. Anyway, my name is Donald Marquez. This is your insurance connection. 236-2624-702 236-2624 Life Insurance

Donald Marquez
0:17:44
Loved ones with underlying health condition Loved ones with underlying health condition Lupus History of cancer Heart disease

Donald Marquez
0:17:55
Alzheimer's

Donald Marquez
0:17:56
Dementia Organic Brain Syndrome known as Lou Gehrig's disease. There are policies out here for you. Diabetics, oh my god, diabetics. I didn't realize how many diabetics we have. Get your A1c checked and man make sure you go to the doctor get a get a checkup every six months. If you're over, if you're over 55 years young, man, you should be getting

Donald Marquez
0:18:21
a checkup at least once every six months. And especially if you're in your 70s, you definitely should be getting checked out once every six months. Get your blood drawn. Make sure you get your PSA done. You know, this is very important. I've talked to a lot of people. In 28 years in the business, 28 years getting up every single day, offering life insurance to my beloved community of Las Vegas, Nevada and California. You know, I've talked to a lot of men that just don't go to the doctor. I don't understand why you don't go to

Donald Marquez
0:18:56
the doctor. And I've heard the story before. If it's not fixed why? You know if it's not it's not broke why fix it? Yeah that's that's the old cliche. Well if it's not broke why fix it? Well how do you know it's not broke? Because they're you know the prostrate is a silent killer. And I say this because I've had people contact me and say you know what I Need life insurance because now I'm stage one on my prostate. You know I'm stage two Cancer and I don't have any life insurance prior to being diagnosed, but now I just need something just to be safe

Donald Marquez
0:19:27
Just to make sure my family's taken care of but what happens when you wait And it's not always a good idea to wait you I can offer you, I can only, I'm limited on the coverages I can offer you from the one company. Now I can put together a package where, you know, this company's offering you $25,000

Donald Marquez
0:19:49
a face amount, another company's offering you $15,000. I have done that in the past because sometimes people with underlying health conditions are limited the amount of life insurance they can purchase on a whole life policy. When you buy these 10 year term policies,

Donald Marquez
0:20:08
you know, there's no physical, you sign up 10 year term policies, 10 years go by quickly. And they have a two or three year wait period within these 10 year term policies. A lot of companies, you know, other than myself,

Donald Marquez
0:20:22
you know, offer these 10 year term policies. Now, I will offer a 10 year term if it's right for you at the time because maybe you have a business partner You have a business and you just want to add insurance to you On yourself and then your business partner add insurance on himself or herself To to cover the business expense, especially if you've got a loan

Donald Marquez
0:20:42
For the business and you have business partners It's not a bad idea to go into a 10-year term, but I don't like to offer 10-year terms. 10 years go by in the blink of an eye then you find yourself purchasing a policy at the end of 10 years. Now they're out there I don't necessarily offer them only if the circumstances warrant it but you know this is why this is why I take every individual that come and make an appointment come in and we go over your insurance concerns.

Donald Marquez
0:21:16
It's not a back and forth of how much insurance you, well how much you have to pay. It's not like that. I'm going to ask you the right questions to find out what your needs are. And to find out what do you qualify for. Like I said earlier, there are policies out there that will cover people with underlying health conditions up to 85 years young.

Donald Marquez
0:21:34
Don't wait that long because the rates are based on your age, your health, the medications you're taking. Do not wait. Waiting is not a good answer. Now we're getting ready to go into the holiday season and I know you're listening to this program and you say to yourself, well you know I'm going to call Don Marquez the first

Donald Marquez
0:21:52
of the year. Don't do that. What's the difference between the first of the year. No, right after the holidays, people recovering from the holidays, you have New Year's, you know,

Donald Marquez
0:22:11
and you know, the time goes by, you have the Super Bowl, and a little bit more time go by, we have taxes and Easter, and now we're in the summertime, and now you listening to the program today,

Donald Marquez
0:22:22
but that phone call is not made until probably six months from now. Make sure your family is secure. They don't have a large funeral bill. That's up to 15 to $20,000 today to bury your loved ones in the, you know, the mortuaries

Donald Marquez
0:22:38
want all the money right now. You know, some people can't afford that. They can't afford it. But if you can go out and, you know, buy a new car and a new car is costing you almost eight, $900 a month in car payments and then you have insurance

Donald Marquez
0:22:52
on top of that. You know sometimes maybe you just need to buy a car that doesn't cost as much. You know you can reduce that down a little bit on that car purchase and purchase your life insurance. So instead of getting a car that costs you $800 a month, maybe you want to look at something that's about $300 or $400 a month, even $500 a month.

Donald Marquez
0:23:12
Leave a little wiggle room for life insurance. There's many times when people come to me, you know, I retired and I was on the extended Portion of the policy the group policy. I was on the extended group policy In other words, you were work for a company for many many years and you are insured now The group wants to stay young now you're getting older every year. The group is getting older too, but they don't want retirees on the group rate insurance. You just can't get the group rate for the same face amount. Three times your

Donald Marquez
0:23:44
salary. And then even that today is not a whole lot of money three times your salary unless you're making well over $100,000 a year. Three times your salary that's $300,000 but if you're paying for it every month you do have other options. Let's keep in mind when the person retires they may or may not have the life insurance offered to them. I have many people come to me and say you know I retired from my my career I've been there for many years and now I need life insurance because my life insurance

Donald Marquez
0:24:12
ended when I retired. When I retired. Now of course you could have health conditions or you know you could not. It just depends. Everyone is different and I treat I don't put everyone in the same box you know your health is rated yeah your height your weight sometimes rated and sometimes people smoke cannabis and I've had this question asked if I smoke cannabis recreational cannabis do the can I get a life insurance policy yes you can and if

Donald Marquez
0:24:44
you only smoke cannabis you won't be rated as a smoker I don't know how to figure that out but if you smoke cigars from time to time too, I do have companies that will not rate you as a smoker if you smoke an occasional cigar. But you know we have to just wait and see how often you smoke cigars and how often you smoke cannabis. But cannabis smokers, if you smoke cannabis and it's recreational use and you don't have a prescription we can move forward with you and you can only smoke cannabis as a non-smoker. My name is Donald Marquez for more information

Donald Marquez
0:25:22
702-236-2624 702-236-2624 is my contact phone number and if you if you can't call me you can always text me at 702-236-2624. I do have a website. Unfortunately, I just don't go on it like I should. It is better to contact me because I've had people say, I went on your website. You know, I'm busy.

Donald Marquez
0:25:50
I don't really look at my website. I'm being honest. I don't look at my website that often. I know what it looks like. I depend on the phone call. That's more of a personal contact.

Donald Marquez
0:26:03
I like talking to people, just to find out what your needs are. I need a list of your medications that you're taking, and then we'll go from there. I do have companies that don't ask the question, are you a cannabis smoker?

Donald Marquez
0:26:16
What's your height, what's your weight? And there's no physical.

Donald Marquez
0:26:19
There's no physical.

Donald Marquez
0:26:20
There's up to $35,000 in whole life coverage, no health examination to apply, just a few health questions, one page application, most people qualify for the coverage, even with health issues. And rates and benefits are locked in

Donald Marquez
0:26:34
for the life of the policy.

Donald Marquez
0:26:36
So this is the key right here. This is why we all need an insurance quote, because your rates and benefits may change because you purchased that policy a while back. And all of a sudden as you get older you're finding yourself with a life insurance policy that goes up every year. It's suggesting because what you purchased and you didn't realize at the time what you purchased is called a flexible life insurance premium.

Donald Marquez
0:27:05
A flexible premium policy. And what does that mean? That means your premium goes up as you age. This is why it's important to get an insurance review. I do not charge no obligation. Life insurance review, the only obligation you have is to make sure you come on the appointment on time because I'm very busy

Donald Marquez
0:27:24
and to bring in your life insurance policy with you. Now, if you don't know where your policy is, you can contact your life insurance company and they will issue you a duplicate policy. Sometimes there's a minimum fee of $25 or they can email you your life insurance policy when you receive your statement annual statement

Donald Marquez
0:27:47
in your life insurance policy review it review it and you see your cash value you'll see everything that's going on with your policy you can see your premium you know and if you don't understand why your rates are going up you know you need an adjustment do not cancel the policy let's go over it maybe we can work it out you know and especially if you have health conditions now when you first bought the policy didn't have health conditions but you

Donald Marquez
0:28:11
have health conditions today let's work it out well you don't cancel the policy that's your savings account do not cancel your life insurance because that's your savings account my name is Donald Marquez this is your insurance connection 702-236-2624. My location is on the corner Rancho Sahara in the U.S. Bank Center located on the 8th floor 702-236-2624. Everyone have a great in the U.S. Bank Center located on the 8th floor 702-236-2624. Everyone have a great weekend. We'll do this again next Sunday from 8am to 8.30. Until then, just keep it crispy. Thank you for listening.

Transcribed with Cockatoo