YOUR INSURANCE CONNECTION

Wesley Knight 0:00
This is a Kun V 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 0:25
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, homeowners insurance, yes, and we talk about life insurance. Welcome to the show you.

Good morning. My name is Don Marquez. This is your insurance connection. Broadcasting, right at K, U, N, V, 91.5, jazz and more. Early Sunday morning, from 8am to 830 Welcome to Welcome. Welcome. Welcome to my show. It's getting warm in Vegas. Y'all, ooh, we I am not ready for this heat. I like the cool 70s and the 60s and the 50s, and that's the high during the day. But, you know, it's right around the corner. And when, when the weather is nice like it is, people get out more. A lot of things happen when, when the weather is like it is, you know, people get out. They're driving. They're not paying attention. And I've said this multiple times on the show, Do not text and drive. Do not eat tacos and drive. You know, just be safe out there. Really, I mean texting driving. And I saw this the other day. This gentleman was driving down the road. He was, he was playing the flute, and he was, I guess he was getting ready for the show, I don't know, but it's unsafe. It's unsafe. A lot of, lot of auto insurance companies are leaving the state of Nevada. Too many accidents, too many claims, and they're just saying, We cannot make money in the state of Nevada. Believe it or not, it's hard to believe an insurance company can't make a profit, but their profit margin is very slim, believe it or not, is very slim. They only work on probably about a 15 to 20% profit ratio. That's it. After paying all their bills, all their claims, they're only operating around about 10 to 15% after everything is paid off. That's their profit ratio, you know, but I know you've like, that's still a lot of money. It is because there's a lot of people that drive every day. My concern is, you know, with the weather changing, you know, I know you, a lot of us get relaxed, but please don't text and drive. Pay attention. And if you're driving, if you have your dog in the car with you, and this happens, believe it or not, and the dog is in your lap while you're driving. That is not good if there is an accident, or the dog may create an environment where it gets spooked or nervous or just want to bark. And then you may, you know, if you're off the road, hit another car, if the airbag deploys, you know you, you know you, you and your dog is probably going to share DNA together. You don't really know what your dog tastes like, just depending on what what end hits you, the front end or the back end. When that air brag deploys, you know you may take you may you may not like what Pucci tastes like. So put your dogs in the back seat. It should be a rule against that, a law against driving your dog in the front seat. It is not safe, you know, and you want to protect your pet too, as well. I used to be a pet owner, and my dog radar. He would sit in the back seat, and we let the window down and he would stick his nose out and love it. He was a golden retriever, and we had him for 16 years, but he loves sitting in the back seat. And dogs are okay in the back seat. They can, you know, move around a little bit better, but having your dog in the front seat with you is very heritage. You know, it's not a good idea. It's a hazard going down the road again. You know, these are things to news you could use to be a safer driver, be a safer driver and check on your driver's license, because coming up, we have to get that star on our driver's license before, I think, is May. In the May 27 I believe that's the end date. I don't know what happens after that. Maybe they're gonna they've extended it a couple of times. And why you want to star on your driver's license? Well, that way you could travel without being hassled. Hopefully. I always say, take your passport with you. Take your passport. I take my passport with me, even when I'm flying nationally, you know, here in the United States, you know, I take my passport with me. Just be on the safe side with your driver's license. Your passport shouldn't be any problem. My name is Don Marquez. This is your insurance connection. I'm a licensed insurance broker. Offer an auto home, yes, and life insurance to our beautiful city, Las Vegas, Nevada. I was born and raised here. Went to UNLV. Here, you know my business practices here in Vegas, and I'm a licensed insurance broker. And what is a broker? A broker is an insurance agent that can offer you multiple lines of insurance throughout the insurance industry. And what I mean by that, we have multiple lines of insurance. We have a home, the auto, the life insurance. But the benefit of being a broker is I have multiple companies to work with. Instead of one company, like when I was an all state agent or a triple A insurance agent, I only had that one company, I can offer their products and services just that one company. Now if it's if it doesn't fit in the company's underlying underwriting guidelines, then and then we have to broker it out to a broker. I pick up the phone and call a broker. I have a customer with diabetes, he did not qualify for our life insurance at this company. Can you place life insurance on my client? And all the time they would say, Yes, no problem. Send your customer to me, I won't touch your other lines of insurance. In other words, you know, we had a shared agreement that if I had the home and auto, they would only write the life insurance. And I have that shared agreement too, as well with insurance agents that I work with, because from time to time, I do receive calls from insurance agents that's working with companies that they really can't offer insurance to a certain customer, maybe because the customer has, you know, Alzheimer's, dementia, als organic brain syndrome, or even lupus cancer or history of lupus, cancer, I can help you, even if you have AIDS between aids, HIV, AIDS between the age of 40 and 80, I can write a life insurance policy. My phone number 70223626247022362624,

my name is Don Marquez. This is your insurance connection, broadcasting, K, U, N, V, 91.5, jazz and more. Sunday morning. And I just want to thank the people that have made this possible for me, Doctor Ridley, General Manager, and also my main man, West Knight. He is my engineer. He can make sure I'm stay on time. Y'all, you know, so I don't go overtime. I don't want to go overtime, because it costs money. Imma keep it Imma keep it locked right to the, you know, the time I supposed to be here. You know, I was watching the news last weekend, and on the local news, they were talking about people that was not expecting early passing of one of their loved ones. This was on the local news here, and it really, you know, and the people were on the news like they were shocked that what funerals cost. They were like, you know, my husband, he went to the store and something happened. He didn't make it home. I don't know the full details of the story, but they gave his story on our local news, where this young man went to the store, and I believe he was shot and and, you know, and his wife had to, you know, pay for his service. And she just, she was distribut because she didn't realize what it cost to bury someone. Seemed like it anyway, in my opinion, watching the news and then and then he had gettings funeral home. They were talking to Mr. Giddings, one of the owners of getting his funeral home, and he was telling everyone on the news network that, well, the safest bet is to have life insurance. The safest thing leaders have life insurance because they show people washing cars on the news. This happened on our local news. They show people washing cars to pay for a service. You know how much work that is at $20 per vehicle to to pay for a funeral. Today at $15,000 that's our average cost. Us $15,000 that is $20 a car. Let's see. Let's do the math real quick. That's 750 cars. Come on, now for real. Who can wash 750 cars? They probably don't wash 750 cars. At most car washes in our community, Las Vegas, Nevada. So you know, don't and go fund me. It's a lot of fraud on Ghost GoFundMe. That's that's not an answer. You know, it doesn't take a lot of money to set aside every month. You know, that day is going to come for all of us. One day we're going to have our number pulled, and it's our time. You have to be prepared. You have to be ready. You know, I can write a life insurance policy from day one, when you're born day one, all the way up to 85, years young. There's no excuse not to have life insurance. And some people tell me, Well, you know, as I get older, it costs more. Well, yes, because you've waited all this time, but it's affordable. I can find a policy. For you that will fit in your budget. The monthly premiums will come out of your account, and you can select the due date between the first and the 28th of the month. Now, a lot of people like the 15th. If your Social Security check rolls in on the 15th of each month, that's fine. We'll find a policy premium that will fit in your budget. It's a monthly draft directly out of your checking account, not your debit card. And why? Because debit cards get lost stolen, you know, or they expire, and in the insurance companies don't know when they expire. They just don't now they may write all your expiration date down and all that, but they're gonna need the new information. That's why we don't want debit cards, credit cards. What we want is actual checking account routing account numbers, that way your policy won't lapse. If your policy has lapsed, and this has happened from time to time, and you lose a loved one, and the policy lapse for three or four months a lot of times too, you you know, you call the company up. Hey, my dad just passed and, well, your dad let the policy lapse four months ago. They may or Matt, may or may not tell you that you can pay those past premiums and get the policy caught up and they'll pay the face amount of the policy. And that's a lot of moving parts with that. Now, if the policy is under two years. You know that could be a problem. Could be but when you get a life insurance policy, and I've talked to many of you that have a life insurance policy, no one never explained to you what you purchased. You purchase a policy by way of on the internet, you buy something came in the mail. It looked very attractive. You bought it because it's low cost. Come to find out, it's accidental only life insurance. You know, people hear that when people go to the funeral home and they look and they loved ones, has paying for accidental all these years, accidental only life insurance or travel, accidental life insurance. It's a problem, and the person passed away of natural causes that accidental only policy is not going to pay for those final expenses. And funerals are expensive today. Let's just talk about it a little bit. When you go to the funeral, they give you all these different options, the packages where they want to be cremated or a full burial. They give all these packages, all these different prices, and like you want the best for your loved one. We all do. We all do, but when the reality hits, it's going to cost you XYZ to to pay for this. And you like, wow. And okay, now you want to do a full burial, or Yes, and I want you know, because now you have to buy everything, the vault, for the casket, the, you know, the plot, all that's separate, that's separate. Then you have to go to to the cemetery. They have a, you know, you have to pick out a plot. So would you pay for the funeral home is separate than what you pay for at the at the at the cemetery, that's two different costs involved. The plan that you see at the same at the funeral home is does not include the pot at the cemetery. So that's two bills you're going to get hit with. Very quick, very fast. And you have to ask yourself, listening to this program right now? Are you prepared? No one lives forever and stop kicking the can, talking about, well, one of these days I'm gonna pick up the phone and I'm gonna call Don Marquez, because he seemed like he knew what he's talking about. Not only do I know what I'm talking about, I've experienced losing loved ones and you know, and the cost of a funeral would it cost, fortunately, for my family members, we all had life insurance, and we still do have life insurance. Even my family members that have passed on, they had life insurance. Now, some of those policies I paid for, but it's fine I knew, because I know that day is coming and it's coming for all of us financially, being financially prepared goes a long way. But when you don't have any money, you know it train wrecks the family. It just it, does it train wrecks the family? Because I find that the one, the loudest one in the room, just talking the most and saying the most, don't have any money to contribute to the funeral. It's a very difficult time. That's when family members really need to come together and let's okay, we need to pay for this. There's no point of arguing why they didn't have life insurance, because if one of the first things they wanted, okay, you find out the news of a loved one, a very close loved one, let's say a mother or a father, and now your other siblings are wondering, do mom and dad have life insurance? And anyone talk to them about life insurance? Well, no, every time I brought the conversation up, you know, Dad don't want to talk about it, Mom didn't want to talk about it. When you get pushed back, like, I don't want to talk about it, that's very important sign that they probably don't. Have any life insurance, or they may have life insurance, but you want to make sure you know exactly what a policy is. You want to make sure where the policy is. I can't tell you enough. And if there is a like, let's say, a widowed parent, sometimes they leave the spouse on his primary beneficiary. That happens quite often too, as well, because, you know, there it's a traumatic feeling to go through losing a spouse. I I've been I go through that every day. I lost my spouse seven years ago, you know? So it's, you know, it reminds you how short life really is, and it only goes by one second at a time. I'm quite sure you're listening to this program right now. You say to yourself, you know, I can remember when it was 10 years ago, like it was yesterday and and it seemed like when you hit 50, time just goes by. Pretty soon, you wake up and you're 70, and it just goes by so fast. You be like, Wow, I was 50. Just seemed like it was just such a short time ago, but this is how quickly time goes. Look at life insurance policy as a savings account. If you take out $100,000 life insurance policy, you just put $100,000

in your savings account, and you're paying minimal for it. If you do the math, if you do the math, you look at your premium. You check out $100,000 life insurance policy, look at the premium and how much you got, how long you have to pay into it. You know, you're gonna play less into it than it'll pay out. It's a it's a cost effective way to buy money. That's all you're doing with a life insurance policy. You're just buying money. That's all it is. It's simple. You know, life insurance wasn't really for the common person when they first came out. It was more, you know, primarily designed for the wealthy people so they wouldn't pay the estate taxes. That's what it was designed for, you know, people with money. But the insurance companies quickly found out that, you know, not only wealthy people or people of wealth, rich people, it's the difference between rich and wealthy. I had to find that out. So what you mean? Rich is rich? No, it's not. It's wealthy. Why would wealthy people need a life insurance policy? Because they want to pass on generational wealth. That's as simple as that. Now, if you want to pass on generational wealth, you know, why not have a life insurance policy? You're not passing on generational debt. You know, in the United States, passing on generational debt, averages are about $65,000 per household, $65,000 and that includes probably a car that still have a loan against it. That probably includes credit cards that has to be paid. That includes, you know, who knows, maybe back taxes, who knows? But it includes a lot of funeral. It includes a funeral. So if we take, just take the car alone, let's say the car is 25,000 right? The person who purchased a car a couple years ago. Still, oil balance is $25,000 on the car. That's not unheard of today, right when your average cars are running about $50,000 so $25,000 in debt on the car. Car still needs to be paid on then you have the funeral to pay for it. That's another 15,000 so right now we have 40 grand, $40,000 now we got credit cards, $10,000 in credit cards. We had 50,000 we had $50,000 My name is Don Marquez. Let's sit down have a real conversation about you know, your financial planning, your financial planning with a life insurance policy that avoid all these costly mistakes, someone's going to pay for it. Your family members may have to fly in from out of town, take time off from work, you know. And if there's a home involved and there's no more surviving parents, you know, I recommend parents. Or if you do have a home, add someone down as writer survivor. Add someone down as in lieu of death. That home goes directly to them. Now you could add them on your deed to your property and but then they can't sell your house. They can't take a loan out on your house. They're just put in a beneficiary place of responsibility, so the house won't go into probate. It's as simple as that. Now, if you have good intentions to leave your children in the house, and I'm not, I'm a lender. I'm not in the mortgages, I'm not in any of that real estate. But past experience has taught me, you know, and I've been witness, and I've been involved with the transactions more than one transaction, by losing loved ones in my life. You know that the properties were passed down from one generation to the next without any battles with the courts, not going into probate, although there was still a mortgage on the home, and the mortgage company doesn't care who, who's. Into them the money, long as they get the money every month. Now you may have to say to yourself, well, you know, okay, mom, dad, you know, let's talk about let's talk about your finances. Let's talk about everything. And if you get pushback, push back even harder to have the conversation. Okay, where's the life insurance door policy. You don't have life insurance at 702-236-2624, I am knowledgeable about a lot of things when it comes to life insurance, and I tell you, and I'm a quote Richard Pryor, it's better to have it and not need it and need it and not have it, because when that day comes, and it comes for all of us, and you know, and the thing about losing loved ones, age, you know, race, gender, is not discriminatory. It doesn't matter who you are, where you came from. You know, we have a time on this planet, and it's less than 100 years. It lasts a lot of us less than 90 years. It's less than 70 years. You know, it doesn't really matter. As you age, you see more frequency of losing people that you know. All of a sudden you get a phone call. Hey, you know what? You know. You remember something said, she he just died really? Yeah, hey, she just passed away. But, you know, I just talked to her the other day, or just recently, I found out that, you know, I was talking to a young lady, and she said her sister passed and left, oh, four young children behind, and she was in her early 30s. Now, if you in your early 30s, late 20s, early 30s, or you're in your 30s, you know, this is an opportunity for you to buy a lot of, a lot of, a lot of life insurance for low cost, and it doesn't cost you that much. It really doesn't. The younger you are, the less you pay. Now, what it cost to get your nails done? You can probably get a million dollar life insurance policy. I'm just gonna compare it like that. Would it cost you to get your nails done. It will cost less to get a million dollar life insurance policy than it costs to get your nails done. I can make I can make it happen. My name is Don Marquez, 702-236-2624 702-236-2624. Located Sahara Rancho in the US bank center, eighth floor. My business hours are Monday through Friday, from 10am to 5pm I used to work on Saturdays, but unfortunately, the building is closed on Saturdays. But I never work on Sundays because I went home watching the game, football, basketball, track and field, whatever, whatever sporting event is on, I'm watching it. That's my relaxation day. But for you just listening to this program right now, and a lot of you have listening to this program for quite some time. I've been on air here for three years at kumb 91.5 jazz or more. And I do want to thank the listeners that did contact me and came in and purchased home, auto, life insurance. I'm a licensed insurance broker with 20, almost 30 years of experience. I was gonna say 29 but coming up pretty soon, I'll be I'll be 30 years in in the business. And every for the last 30 years, I've been getting up selling life insurance, nothing else. I don't do this part time. This is a full time career for me, and fortunately, you know, my children followed in my footsteps, my son, my son in law and and my daughter, they're all in the insurance business. Wow. And they're doing quite well. I can help you. I represent multiple life insurance companies now, auto insurance, you know, a lot of companies are leaving the state of Nevada, I try my I will try my best to find you a lower rate. I will. But you know, we want to make sure that you know what your policy is covering, no matter if it's home. Auto life insurance, so many of you. I spoke to so many of you, and I asked you, what are your coverages? So I can make a fair comparison when it comes to the auto insurance. I have full coverage, you know, but that's not telling me a whole lot. I don't know what your bodily injury is. I don't know what your property damage is. I don't know if you have uninsured motors or not. Oh, I have full coverage. Still Here we back to full coverage. Look at your policy, understand what you're paying for. Now, if there's two drivers in a household and you own four cars, right? You don't need rental car reimbursement. Rental Car reimbursement is when your car is in repair shop for a covered loss. If you have two people four cars, you have other transportation you do. You don't have to have that on your policy. That's, that's, you're throwing that money away. Or some people, you know, they come to me here recently because the rates are a little high in Vegas, all over, all the companies, they said, Well, you know, let's reduce our uninsured motorists. Because I have health insurance. Uninsured motorists is health insurance. It's all it is. Is health insurance. If a driver hits your vehicle with no insurance or not enough insurance to cover you and the passengers bodily injury, then you use your uninsured motors portion of the policy. Nobody picks medical because most people have medical health insurance for now, we don't know what's gonna happen come down the road, but

keep an eye on it. Medicare, Medicaid, you know, Affordable Care Act, keep an eye on it. Keep an eye on it. That's all I can say. But you know, this is, this is health insurance. Now, your first line of insurance is bodily injury, property damage. As owner of the policy, you're not covered under that only you're not covered as far as your coverage is a concern. That's when you hit someone else and you cover their liability up to the policy limits. If you have the minimum state requirements, which is 25,000 per person, 50,000 each accident, and you're shopping around for auto insurance, you're not gonna get favorable rates quotes. You're just not because insurance company, really rather, you have a little bit higher line of liability. You could bump that up. And now, if you're going to shop, you could bump that up to 50,000 per person, 100,000 each accident. As long as the insurance agent or myself can see that that you've increased the coverages, that's fine. As long as you we can throw it on the declaration page. You've increased your coverages. This puts you in a much better position to shop, or I would suggest even you go as high as 100,000 per person, 300,000 each accident, with $100,000 property damage, that is going to be your prior insurance liability coverage. That gets you the lower rates, it does, and you're like, why? Because insurance companies, when you carry on the minimum state requirement, they just, you know, they just don't offer favorable rates. Let me help you, guide you through the process. My name is Don Marquez. This is your insurance connection. 702-236-2624, 23626247022362624,

I work by appointment, money through Friday, from 10am to 5pm again. 702-236-2624 my location, Sahara Rancho in the US bank center located on the eighth floor. Let me be your insurance agent. I want to help you, guide you through the process. And I know you listen to this program and a lot of times, well, y'all was getting ready for church, and then, yeah, you come on every Sunday morning. I listen to your show every every week, and you get some good advice. And I do because this is my gift. Back to my community, everybody has a special gift. This is my special gift. God gave me this talent to come on the air to talk about how to save money on insurance, but educate people on insurance. Because a lot of people, we pay the payment, and that's all we do is pay the payment and then hope, if something happens that we're covered. Let's not hope. Let's know what you have. 702-236-2624, my name is Don Marquez. This is your insurance connection. I want everyone to go out. Have a good day today. Take a walk in the evening or early in the morning. You know, get some sunshine. Get that vitamin D inside you. We'll do this again next week. Until then, just keep it crispy. You