YOUR INSURANCE CONNECTION

Unknown Speaker 0:00
The following is a paid program sponsored by your insurance connection. Please be advised that the voices and opinions you hear do not necessarily represent the views of K u and v Las Vegas, the University of Nevada, Las Vegas or the Board of Regents of the Nevada System of Higher Education.

Unknown Speaker 0:20
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. Good morning. This is done Marquez with your insurance connection. Happy Sunday morning. 8am to 830. I broadcast right here at K u and v 91.5. Jazz and more, bringing you up to date on what's going on in the insurance industry. I'm a licensed insurance broker right here in the state of Nevada and also California. And I love what I do. I've been in insurance business now since 1996. Coming on the air at K u and v 91, five jazz and more for the last couple of years. My name is Don Marquez, welcome to my show. If this is your first time tuning in, we we help you better understand your insurance. As I talk about different insurance subjects. Definitely we always talk about life insurance on this program, auto insurance, homeowners renters, boat and motorcycle insurance. Now let's talk about auto insurance a little bit today. And then we'll get into some other categories. Now, auto insurance in the state of Nevada, if you just moved to the state of Nevada, you have 30 days to register your vehicle, I know a lot of you move into Vegas, and you wait till your plates expire or your registration expires or your insurance expires from a different state. Because you've called around here in Nevada and found out what the rates are expressing in Southern Nevada and you will allow that the rates a little higher. I thought there was gonna be a lot less here in Vegas than I was paying in the Midwest or wherever you came from. Unfortunately, that's not the case in the state of Nevada, especially southern Nevada, we play some of the highest car insurance rates in the country, believe it or not, I don't know why. I still trying to I'm still trying to figure that out. But we do live in a transit city. A lot of people in and out a lot of accidents. A lot of people go on contacting their attorneys and you have every right to do so or you can work with your insurance claims representative. And they will take you step by step through the process if you follow the claim. Now, one of the reasons your auto insurance rates go up because of claims we have claims a lot of claims. You know, and the most common claim is rare in car collisions. Rear end car collisions, create a lot of havoc, because people are texting, driving, not paying attention. And now we have a car accident. Now your car accident you said well you know they stopped too soon or whatever excuse you want to make up. You didn't give yourself enough room. I had that rear collision expressly with our seniors. Although the seniors are not texting and driving. But their response time is a lot slower. And then they're starting to find their when they hit a certain age at 75 Usually that usually is a magic number. Their car insurance rates go up at 75 years old. My name is Don Marquez let me help shop for you a rate that's comfortable for you fits in your budget if we can. My contact number is 702-236-2624 702-236-2624 I listen to some of these commercials on television. You know we have 15 minutes we can say you 15% You've heard it before. That's a nationwide serving. only pay for what you need. I still don't know what that means only pay for what you need. Driving is a privilege. But you have to have a car insurance as it is a privilege and everybody doesn't drive you know a lot of people catch the bus. But you know when you drive you have to have auto insurance in Southern Nevada. If you have a loan against your vehicle you must carry collision comprehensive. Now I carry $1,000 deductible on my comprehensive and the reason why I want to keep my rates low. I also carry a collision I carry $1,000 on comprehensive I carry $100 deductible because when comprehensive if you have to pay for that windshield, it pays for your windshield unless you have the glass coverage separate. Now some companies do offer a separate glass deductible especially when you're going into the carwash and when you drive into the carwash those guys are there with the little squeegee and the little spray bottle and try to show you the little nicks and dings and they tell you is not a claim on your auto insurance policy but it is a claim. That's how they get paid. Now you have a consistent amount of those You know, glass repairs, it does affect your rate. Well, if you need to replace your windshield, it is better for you to replace your windshield. Instead of going to these glow, you know going through the carwash letting these guys making these small repairs. And I've seen people believe it or not, bring in the auto insurance policy and, and I write I run the quote and run their driving record and claims hit record. And all of a sudden, I see you find at least 10 claims on getting your windshield repaired. And I said, did you do that at the carwash? It Yeah, yeah, they said it. And he's not a claim, oh, yes, it is a claim. But it adds up, you know, it does add up. Or if you this is also consistent, that causes your rates to go up. If you call Roadside Service. Quite often, if your car breaks down quite often, and you're constantly calling the Roadside Service for mechanical failure, or you need to tow that could affect your rate. Now what I do on my auto insurance policy, I do have the option to have towing and labor. However, I am in a motor club. And you know, so it doesn't affect your rate when you call for roadside assistance. If you need a battery or tow. It doesn't affect your rate because now I'm registered and I'm in a motor club that doesn't have any effect on my auto insurance. When you file a claim against your auto insurance and get your motor club or you know you file claims going to the carwash to get your windshield repair. It can affect your rates. These are ways that keep your rates down. So have you received a speeding ticket lately, and you haven't paid a ticket or you have not made arrangements to pay the ticket through through the court systems, we can get that reduced down to a parking ticket for you. And most cases, a speeding ticket can get reduced down to a parking ticket. We have a team member on your insurance connection. Her name is Christine Barnard. And she can help you get the speeding ticket reduced down to a parking ticket. My contact number 70223626247022362624 analysts set in the morning and people say to yourself, you know you say to yourself wow call Donald Marquez. I'll give him a call first of the year. I'm gonna tell you what happens the first of the year, the New Year's comes in, everybody's celebrating having a good time and you know, you recover from Christmas. Christmas is almost taken up all the January to recover from Christmas. Whether it's you know, just having a mental recovery as far as running around if you know you're tired and you need to rest or you know or you physically you know exhausted, you notice comic could be a combination of both. You know Christmas is a lot I get that. But you know when you say you're gonna call me the first of the year, you know what happens January passes by then we end of February. He comes a Super Bowl here but I get hyped up for the Super Bowl. Now yes, okay, well, I'll call them after the Superbowl. And now we go into these other months and it's probably going to be made because now right off the Superbowl we have its taxes. We have to pay our taxes before April 15.

Unknown Speaker 8:11
So there's a series of events that happens right after the first of the years. If you're telling yourself I'm gonna contact Donald after the first of the year. You know, you don't have to wait. You can contact me now. You can contact me now. You don't have to wait to the first of the year 702-236-2624 I would love to talk to you about your insurance. I'm working during the holidays. I'm working during Christmas night Christmas day. But when I say the holidays, I worked in December. You know we all gearing up for the holidays. But work I've worked through December. Now I'm off course Christmas Eve and Christmas day and that whole weekend because Christmas falls on the weekend and Christmas Eve and Christmas Day falls on the weekend. Now some people are taking off that Friday and Monday. However, you know I am available Monday through Friday from 10am to 5pm. And my location is on the corner, Sahara Rancho in the US Bank Center, located on the eighth floor. Now if you can't make it into my office by appointment, I work by appointment only. You can call me or text me and we can make arrangements. Maybe we can write your auto insurance policy over the phone. Saving you money on your auto insurance policy is sometimes a little bit of a challenge. I'm gonna be straight with you. But I want to make sure you have the right coverages. And what do I mean by the right coverages that fit in your budget? That's important to me. Now, have you been with your insurance company for the last three years and you see your rates going up that I can do the shopping for you. I only select premium insurance companies. If you bet if you have that individual you have DUIs, accidents and tickets of a multiple of accidents and accidents and tickets. I may not be your insurance agent. I mean I'd be I'm looking for that quality. To the customer with, you know, fewer and fewer accidents and tickets. So I can write your business and we can find a premium insurance company that will write you now, I hate to bring this up, but I have to, you know, we rate insurance off a credit we do. That's been around for quite some time, all the insurance companies do it, they may not reveal that to you, but they, they do a solid hit on your credit. Now it doesn't affect your credit scores or anything like that. But they want to see what your credit scores is. Now, the better your credit, the lower your rate, I'm gonna say that again. I when it came out, and when it came out in 98, when it came out in 1998, American Family Insurance is one of the first companies that started this whole model, about running credit, a soft hit. And they said, with all the data they had collected, they said what people would the preferred credit rating, we're gonna offer them a lower car insurance rate, yes, your credit can get you a lower car insurance rate here in the state of Nevada, not all state doesn't recognize this system. But the state of Nevada, all the insurance companies do it, they give you a soft hit. Now, they may not tell you, but I'm telling you here on your insurance connection, this is what happens. However, if you have excellent credit with no, you know, tickets or accidents, you probably in a better much better position to shop and get you a lower car insurance rate. Also, if you're carrying high insurance coverages, 100,000 per person 300,000 Each accident $100,000 property damage, and you've been with your company for the last three years, it puts you in a much better position to shop for car insurance. This is a little tip, don't tell me anybody you heard this, you're you're hearing it from me. Now if you grew up, or you're getting ready to shop for car insurance, and you have the minimum state requirements 25,000 per person 50,000 Each accident $20,000 property damage, before you start shopping for car insurance, you want to bump that up to at least $50,000 per person, one and 1000 each accident $50,000 property damage. The reason why you want to do this is because now when we run your you know your record on your insurance to see if you have prior insurance, we're seeing the you carry the higher liability to get the more Preferred rates, you want to bump that up to 100 300. Let's say already, you're already at 50,000 per person 100,000 Each accident $50,000 property damage, before you start shopping, you want to bump that up to 100,000 per person three and 1000 each accident $100,000 property damage, it puts you in a much better position to shop for car insurance, when the car insurance insurance companies see you can have higher limits of liability, they put you in a much better position to shop for car insurance. Now when you hear these commercials, you only pay for what you need, or, you know, in 15 minutes, we can save you because they don't they don't explain the details along with that, you know if you can lower limits of liability. In other words, if you can the state minimum requirements, the lower rates here in the state of Nevada or 25,000 per person 50,000 Each accident $20,000 property damage, you're not giving yourself an advantage to shop you're not you know, you know the rates that you're gonna get, it's gonna be pretty consistent throughout, you know, you're not gonna be able to say, oh, you know, I'm I'm carrying the minimum state requirements, I want to continue to carry the minimum state requirements and expect a better, a lower less, I say I should say a lower car insurance rate, it just doesn't work that way you have to care the higher limits of liability. Now, let's say you are shopping at 100 300 and they're gonna quote you at 103 at it. Now you have to compare rates and see what works for you. Also, it's also good to have a relationship with your insurance agent. I'm a professional insurance agent been an insurance agent since 1996. I like talking to my customers, I tell my customers when something comes up I wanted to be to be your first contact I want you to contact me first. That's very important to contact me first so I can give you instructions on exactly what to do. And again I've had people call me they're in car accidents at the scene that a car accident. I do take my time and tell them exactly what to do. Now there's you know you confused a lot you have a car accident you need your car towed and do not let the police officer have your car towed. They're gonna have it towed to the impound shop. You can you can call your motor club or your towing and labor on your auto insurance. If you have it and have them pick up your car and tell them you have been in a car accident. You're impeding traffic, the Senate tow truck out whether it's a tow truck with a flatbed if you have a low profile vehicle order the flatbed. It may take a little longer to get but it'll tell the police officer you do have Your old tow truck coming to the scene of the accident to pick up your vehicle and you can have them taken anywhere you want. You can have a ticket to the car dealership, or your favorite auto body repair shop. But if the police officer has your vehicle towed is going into impound, it could cost you money daily. Wire your vehicle as impound My name is Dawn Marquez, this is News You Can Use. My contact number is 702-236-2624 702-236-2620 for uninsured motorists on most auto insurance policies that I review, people don't have it. This is a way to cut down on your car insurance rates. Now if you are retired 65 and over and you have Medicare or Medicaid, but especially if you have Medicare, you may or may not need uninsured motorist on your auto insurance policy. That's up to you. But it does cover this coverage for you. People without insurance was driving around to Vegas, and it's about 30% people do not have car insurance and maybe a little less percentage than that. But it's a large percentage people driving around well without car insurance. If they hit your vehicle and you don't have uninsured and underinsured motorist, it protects you and the passenger passengers in the vehicle for medical protects you and the passengers in the vehicle for MediCal. Now if this person doesn't have any car insurance or not enough coverage, they have covered car insurance but they're carrying the minimum they hit you you can file a claim against your uninsured motorist protection on your auto insurance carry you this this really helps when people don't have any health insurance when they don't have health insurance the person hit you you have the minimum requirements and your doctor bills are over the minimum requirements. You know you're these commercials on television get a read get a check, but they only go by how much coverage is is available. Because if you can a minimum safety coverage don't don't don't think that the car insurance company is gonna pay way over and above the limits of liability. They're not they're just not. This is why you carry other enhancements on your auto policy like medical you can carry medical on your policy or or you can carry uninsured motorist or a combination of both medical and uninsured motorist protection. Don Marquez your insurance connection 70223626247022362624 was mostly misunderstood is rental car reimbursement. I have many people call me.

Unknown Speaker 17:39
I get this call quite often. I'm out of town I want to rent a car. Can I rent a car on a on a register? On my rental car reimbursement? No, you cannot. Rental Car reimbursement doesn't cover you when you rent a car. Rental Car reimbursement covers you when your car is in a car accident, not mechanical failure when your engine won't start when you're in a car accident, and it covers you for covered loss so you won't be without transportation. Recently I had a friend she was in a car accident, totaled her car out, she's now driving around in a rental car while they were making a settlement with her to pay our car off. And also to cash around for the difference of the vehicle. What I've noticed lately, with the claims department, I am not in claims. I'm an insurance professional. I'm an insurance broker, and insurance agent if you like. However, in claims, I've noticed they're paying a lot more to total cars out. Because cars are worth more now, if you bought a car three years ago, more than likely as is worth as almost you paid for three years ago. The supply is short, you know these car lots can't get cars. But it's amazing what these claims have panned out, I can't believe what they're paying out these days. But you know, people have a total loss. And you get reimbursed from the auto insurance carrier. And they'll give you a nice, you know, a nice settlement for your for your vehicle. Now, if you are in a car accident, and is not your fault, do not file a claim against your own policy. file a claim against the person policy to hit you. If you need your coverages. As I spoke about earlier, the uninsured motorist protection or the medical you can use that and you can use the medical right away if you have medical, but most of you listening to this program right now, do not have medical on your auto insurance policy about probably because you have health insurance through work or through retirement you have health insurance or through the military. You may have have health insurance, or you now are you 65 and older, you have Medicare. So you may not have medical on your auto insurance policy. I guess that's what you pay for what you need because you may not need that. I would like to give you an every review. Sit down with you give you a review. Let's go over your coverages. It's good to get an auto one Insurance review to make sure you are unsure if we can save you money, we will do that as well. Now if you are in a car accident, and I know you contact your your car insurance carrier, these are what is why pay for insurance. I know us a lot of you said that. But if it's not your fault, go to the other insurance carrier. Because after if you go do your own insurance and I've seen this happen often they can put you at fault. And when you have an at fault accident when we ran your driving record to see your claim history, and we see an at fault accident out there, they put you efile because you file a claim against your policy. And the insurance company told you we're going to recover from the other insurance carrier we're going to but a lot of times they just don't they don't bother with the paperwork, they don't go through the hassle of it, they just pay your car off, pay for your injuries and now they put you at fault. Although you will not you was not at fault that will cause you not to be able to shop for car insurance. Because now your fault then what I'm gonna tell my client is what you need to do is go go call contact your insurance carrier, your car insurance carrier and try to get that reverse have a not at fault accident. i Let's talk about Accident Forgiveness a little bit. Or I've heard it you know Accident Forgiveness. Now usually your Accident Forgiveness is when there's no bodily injury involved is property damage only up to a certain dollar amount. Now if you have Accident Forgiveness on your auto insurance policy, and that's an endorsement, one unlikely you paying extra for it. But if there is bodily injury involve your you know your Accident Forgiveness may or may not pay out, it may not pay out or you may be not forgiven for that accident you have to read the fine line just don't just don't take for granted whether or not you have Accident Forgiveness, if you're in a car accident is not going to affect your rate it does affect your rate. Because now you you're not accident free. Now it may not affect your rate as much, but you're not accident free. You have to understand when these companies are for you. Accident Forgiveness, you have to read and understand what is allowable and what is not allowable. They are rules to Accident Forgiveness 702-236-2624 My name is Donald Marquez. This is your insurance connection. If you're just tuning in for the very first time where you're just tuning in Welcome to my show our broadcasts from K you have the 91.5 Jazz and mores Sunday morning, every Sunday morning from 8am to 830. And, you know, this is news you could use my business hours Monday through Friday, from 10am to 5pm. And I'm located on the corner Sahara Rancho. In a beautiful US Bank Center, located on the eighth floor by appointment 702-236-2624 I give my phone number out quite often because people they call them is that you don't give me phone number out enough I was trying to write it down I was driving or doing something. But I give it out and I'll give it out back out at the end of the show. Now we've talked about car insurance. Hopefully, it has you interested in giving me a call and not waiting to the first of the year. As I said earlier. You don't have to wait till the first of the M available now. We'll combine the Hamanako together with a home and the renters and the auto together in the home and auto together to give you what we call the bundle. I use premium insurance companies. I use premium insurance companies don't shop for your auto insurance, homeowners insurance. And if you have claims on your homeowners policy, you may have to stay there you might it just depends you know I've sometime I've been able to be very competitive if a person have one claim in five years. But if you have a water loss and on your homeowners insurance policy, it may take five to five years before that water loss falls off. When you wash your clothes. Turn your water lines off when you finish washing your clothes. One of the main reason we have water loss is water damages in the state of Nevada because our water is very hard. If you're just moving to Vegas, you use a wound is waters rough taking a shower, you know don't cook you don't cook your food in our water, you know unless you get bottled water or something because I was pretty rough. It has a lot of parts in it. And I haven't rough water. It really works on the you know the line the the hoses, the lining of the inside their washing machine, all the one mechanical parts of the water flows through is rough on your equipment. And what happens we get a leak, those hoses break over time. And now you could be at church or you can be out shopping for Christmas or you could be doing anything and all of a sudden now away from your home. And now your water leak. You have a water leak. And let's say you're on vacation. And now all of a sudden your water line breaks on your washing machine. The water's not as gonna continue Don't run to someone comes and turn that water line off. When you finish washing your clothes, you know, they're there, you know, turn the water line off the hot and the cold. And there's some some homes have the lever in them where you can just put the lever up and back, I have a lever in my house, I just put the lever on, I turn the lever off. Because I've had before I got into the insurance business, I had two floods. And that second flood taught me a lesson I said, Okay, from now, when we watch close, but that water line is going off, it only takes one time two times for me, but I turn the water line off every single time I wash. Now when you get ready to wash again the following week, or whenever you need to wash turn the water lines back on. Okay, when the water lines are back on going through the washing machine, it takes the pressure off the hoses. And now you know you have peace of mind knowing that, at least when you do come home, that's not a claim you have to worry about. Now, we do have a lot of water damage claims on some of your homeowners insurance policies, they exclude water damages. Now, I'm gonna say that again, you have to read the policy when it comes in the mail on your renewal. Look at your exclusions. Look at your exclusion. They that may say we exclude water loss fungi. That means if your water line break or your hot water heater breaks that that may not be covered. Because when you're shopping around, you know your focus is saving money. In order for you to save money sometimes you know there are compromises involved. We're going to reduce your coverages to save you money. I don't believe in that practice as an insurance professional. I don't because no matter what you do upfront to save a person money and if they don't have certain coverages, you know the first thing they're gonna say to you I thought I have full coverage. I thought all this was covered. But you have to read the and understand what are you paying for when it comes to your homeowners insurance car insurance. Here's another one on car insurance you may be excluded. No coverage for uninsured motorist no coverage for medical, no coverage for totally no coverage for rental car reimbursement. Because you just wanted the least payment for what you need. The least amount possible. But let me say this on rental car reimbursement if you have more than one vehicle to access. If it's two drivers in the house and you have three cars, or two cars, two drivers, you may not need the rental car reimbursement because you can get a ride. Do you have a you have a car that's available? You know, I don't have rental car reimbursement on my car insurance.

Unknown Speaker 27:37
I don't need it because I have other forms of transportation. So I don't need to pay that additional fee on my auto insurance. This is why it's always good to get an insurance review or review. Auto Insurance homeowners Yes. And life insurance. Oh my goodness, especially your life insurance needs to be reviewed. It needs to be reviewed. If you've had a policy for a very long time. We want to make sure that policy is up to date. We want to we want to see what's going on with the policy. If you borrowed money against your life insurance policy. How does that affect you? It does affect you because you're accumulating a 7% interest rate against money borrowed annually. Okay, annually, although you pay him which is supposed to pay that what we call the target premium on your life insurance policy, your monthly premium payment, but you're not paying any money towards your loan. And that loan could double every seven years called a rule of seven. He could double every seven years. Don't let that happen to you. Let's sit down and have a full insurance review. I'll review your auto insurance, your homeowners renters insurance who is well if you have if you're a renter, you need renter's insurance. If you are a renter, it protects your personal property your landlord is not responsible for your personal property. My name is Donald Marquez, this is your insurance connection. 702-236-2624 702-236-2624. Let's sit down with a no obligation review. In other words, they are free. no cost to you to come see me I do not charge a broker fee. If you do purchase the policy through me we select a company you pay the company direct and as easy ways to pay your car insurance right through your checking account. Another way to save money on your auto insurance it really affects your auto insurance is to pay it in full for the term whether it's six months or one year, or you could pay a quarterly that also has a real price reduction on most auto insurance companies. 702-236-2624 702-236-2624 My name is Donnell Marquez, I'm located on a corner Sahara Rancho and in US Bank centered as crotchety for the palace station. Hotel Casino. Excuse me. 702-236-2624 right in the heart of a beautiful city on a corner of Rancho I'm Sarah, one block west and I 15 across the street from the palace station Hotel. That's where my office is located and we can help you with your insurance. Have a great day today. Let's go Raiders. Let's win another one today. Until next week, just keep it crispy. Thank you for listening

Unknown Speaker 30:22
You have been listening to a paid program sponsored by your insurance connection. Please be advised that the voices and opinions you heard do not necessarily represent the views of K u and v Las Vegas, the University of Nevada Las Vegas or the Board of Regents of the Nevada System of Higher Education.

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