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 0:21
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.

Unknown Speaker 0:41
Good morning, Las Vegas and all the surrounding communities. My name is Don Marquez, this is your insurance connection broadcasting right here from K u and v 91.5. A jazz and more. Good morning, Sunday morning is early in the weather's beautiful outside. And you know, let's get right down to some insurance information. I have people contacting me about the rates, of course all the time about the auto insurance. They're concerned about, you know, their insurance rates going up, there's things you can do to lower your auto insurance, for instance, and I've said this before in the programming, if you combine your home and auto together or home and renter's policies together, you can get what we call now the bundle package. Because the home discounts the auto auto discounts the home to give you the discounts to really lower the cost of the auto insurance. However, if you have your auto insurance with one company, let's say Company A, and then a different company has your homeowners insurance, we'll call that company B. You're not receiving them auto policy discount. Another thing that I've noticed about car insurance people when people purchase car insurance. You know, sometimes married couples have separate policies where let's say you just got married, you can combine your auto insurances and one policy, instead of the wife have a separate policy from the husband. You pay him more money by doing it that way because now you're not receiving the marriage discount, the multi policy discount, and also the multi vehicle discount. So when you have two vehicles that is a discount on one insurance policy. For more information. My name is Donald Marquez, this is your insurance connection. My contact phone number is 702-236-2624 702-236-2624. I want to thank the listeners that contact me for home auto and Yes, life insurance do appreciate the support from K u and v 91.5. Jazz and more listeners that will contact me for mono on a weekly, and they're concerned about their insurance. Let's sit down and talk about it. I do offer no obligation reviews. In other words, when you come to my office, we can have a conversation about your current insurance policies. There's no obligation and I usually give an hour and a half to two hours of my time to go over your current insurances. Now, once the once you buy a policy from me, then the insurance companies will compensate me for my for my time 702-236-2624. Now with auto insurance, what I noticed in the state of Nevada, a lot of people don't have the uninsured motorist protection. That's a valuable protection. If someone hits your car without insurance, it covers you for bodily injury. Now I noticed some seniors 65 and older may or may not cover take this coverage because they have Medicare. You know whether they have PPO and HMO, they feel like okay, it's for medical purposes, I'm covered through my health insurance, you want to look at your health insurance plan and make sure you are covered if in fact, you are in an auto accident. I've seen people that 65 and older with Medicare Council the uninsured motorist portion of the policy, that is an option. But however you do have to carry bodily injury, property damage liability in the state of Nevada is 25,000 Each person $50,000 Each accident. What that means is and when you hit someone in a car and it's your fault, your liability protection, the insurance company will protect you up to $25,000 each person and $50,000 each occurrence now the 50,000 each occurrence means that's a total they will pay out regardless of how many people are in vehicle. So if there's four people in the vehicle, you know, they're going to divide that the 50,000 by four people with that bodily injuries. If it's not enough to cover their bodily injuries and insurance companies do try to settle you could be responsible for the balance of those injuries. Keep that in mind. When you purchase low cost insurance, auto insurance we're talking about you could be liable for damages you cause the others because 25 $1,000 Each person in hospital doesn't go far. Or if there's like two people, it just fits, that's 25,000 Each on the total amount paid out from the insurance companies $50,000, that's only a few days in the hospital. Keep that in mind, it's always better to have better public coverages other than a state minimum. In other words, you know, the insurance companies, auto insurance companies do offer 50,000 per person 100,000 Each accident for bodily injury 100,000 per person, you know, $100,000 per bodily injury, it is a good idea to carry the higher limits of liability, when you start shopping for insurance. If you have the minimum state requirement, you're not going to be offered the best rate, it is always better to have the cover yourself with a higher liability coverage, when you can the higher liability limits of liability, if you are in a car accident, you know, you are covered. And then then you have the peace of mind knowing that, you know, these people cannot come after you for damages, you cause them, they may have to go to the hospital, if you broke a leg or, you know, a lot of this is you know, it's not minor accidents. Sometimes these are fatal car accidents that happens. And then what you know, these lawyers are out there waiting every day, you see I'm advertised on TV, television, get a rag, get a chair, you've heard, you've heard it, I've seen them, you know, on the Superbowl, they will chase an ambulance. And, you know, and, and then the ambulance took a left turn and they was running up to the popsicle popsicle truck. But you know, it's very seldom you see a popsicle truck anymore in the neighborhoods, when I grew up, popsicle trucks ran frequently throughout the neighborhoods, but not today. But I get the message, the message is, you know, they're gonna run after that accident, this is how they get paid. You know, they don't really care about the lawyers really don't care about your car being repaired. I mean, that's not really how they make their money. In other words, they make the money by the bodily injury liability of the policy, and they're charging 33 40% 33% of your settlement, you know, up to 40% or more, just really depends. You know, I mean, it's, it's there for them to have and represent you, you'd have an option. You know, you also can represent yourself, you can represent yourself now you don't necessarily need a lawyer. That's up to you, the insurance companies and the insurance agent is there for that reason to help you guide you through the process step by step. Now, do you get any more money with a lawyer versus not a lawyer, you know, this, every situation is different? I really don't know. I've had, I've had car accidents. And I didn't use an attorney for myself. And I used the bodily injury portion of the policy when the lady hit me from the back. I didn't use an attorney and I got the full amount of the insurance for the liability portion at that time was only $15,000. But now it's 25,000 Then insurance companies are kind of fighting right now. You know, all these claims that are coming in it used to be they like to settled at the end of the year, get to get that old claims off their books, but now they're carrying these claims two and three years for them before they settle. I don't understand the strategy with that, but we want to get you settled as soon as possible. And if you do you have an attorney sometimes that does slow down the process because I have a lot of clients that's filing claims every day, and they're in their boat and they're backlogged. Like everyone else's backlog. And when it comes to even even the claims department is also backlog but they will work with you and you probably get a settlement a lot quicker. If you go to your insurance company. When your auto insurance company make you an offer. Sometimes those offers a little low, I can testify to that. And I understand why person say no, I'm gonna go give me an attorney. Every situation is different. But you do have an option. You can try to file a claim, you can file a claim without an attorney. If you need an attorney, you can also call one while you have the claim process started. Or some people just get an attorney from the beginning. Now the attorney is going to you know, make sure that you have the right coverages as far as your bodily injury, how much how much damage was the other person have on their bodily injury, how much property damage how much bodily injury to the other person have enough to have the state minimum requirements of 25,000 per person 50,000 Each accident, you're not gonna get a lot of money because they injured you in the car accident, right the maximum they can get for you is maybe 50,000 If there was more than one person in the car, but keep in mind 50 25,000 Each person is the max you're gonna get. My name is Don Marquez, this is your insurance connection. For more information 702-236-2624 There is a lot of moving parts with insurance, okay, is not always equal. With auto insurance people contact me. They say well, you know, I have this old car and you know Under charging me this much money for my older vehicle, I don't understand why a lot of these older vehicles a lot heavier than the new cars out today. Like if one of these old 19 Let's say 99 SUVs plows into your low Hyundai, you know who's gonna get more damage to the the SUV or the Hyundai, the Hyundai is going to suffer a lot of damage at that SUV, that's all steel going down the road, and you're injured as a result of this big SUV hitting you and you and a Hyundai. Now let's say this person has this old 99 in an SUV, and they only have the minimum state requirements on that policy. Right? So you know, you're not going to get any more No more than what the company and what the person purchased through the company. That's just the way it goes. Some people think they're gonna get a lot of money. It doesn't work out that way now to get your car repaired. I suggest this if you are in a car accident, right? And the police officers show up and they want to impound your vehicle don't let them impound your vehicle, you want to call contact your motor club. If you have roadside assistance on your car insurance policy. You want to contact your roadside service so they can come pick up your car, and they could tell you a car where it needs to go. Now if you are in a motor club, and there are several different motor clubs out there, contact your motor club don't let the police officers impound your car isn't going to be a daily fee. Why are your cars in impound, okay? Why are your cars in impound it's gonna be a daily fee. But if you use your motor club at the time an accident and you can call them and you let the police officer know No, I have my motor club come and pick up my car because your car is not drivable. They they'll let you come they'll come pick up your car and take it to wherever you want to take it to the auto repair facility or take it to your home and to get your car repaired. Or if your car's totaled out. There is a settlement process. There is a settlement process. Now if you don't agree with the settlement amount, what you can do is go online and get some parents because some comparisons, comparisons will tell the insurance company or the auto insurance company what your car value is because they're gonna they're gonna throw the lowest offer out there anyways,

Unknown Speaker 12:12
if you bite, that's what they do. I've been in this business for a long time. I know how it works. I had a car stolen. Give you an example. I had a 9097 GMC Yukon. I love that. I love that truck. I mean, I did it because somebody loved it better than me. But someone stole my 1997 Yukon. It was a two door with the barn doors in the back. And when when a vehicle first came out in 97, I looked at it and I saw Wow, I love this truck. But they wanted over $30,000 for their truck. And that was a lot of money back in 97. It was a choice. I could have bought the truck, of course more so you could buy the truck or you know, you can pursue your dream in the insurance business you have already. You're already licensed, you know you're interviewing with different companies. And I said, Well, I really be the insurance agent, I can always get that truck at a later time. Well, the time came and then I purchased the truck. And that was only you know, not not long ago, probably within the last 10 years, I purchased that truck and it was immaculate. I found a buyer. Excuse me, I found a seller that was willing to sell his truck. And he had very little miles on it. It was all the way all the way in Michigan. And I had the car towed here it was it was it was an excellent condition. Anyway, after having the vehicle for a while I let my son use it, somebody stole it. And now the insurance company wanted to settle with me a third with what the vehicle was worth 1/3 of what it was worth. Fortunately, the vehicle over time had gained value. Now, you know, sometimes that happens sometimes it doesn't happen. Well with cars, today's prices of vehicles. If you kind of look online, see what your car's worth, you'd be shocked. You're probably your car could be worth as much as you pay for it right now. It could be but what you want to do you want to go online, get yourself some comparisons, vehicles just like your vehicle with the same mileage, you know that no matter what color it is right? But with the same knowledge you know same light quality and time. And and present that to the insurance company if you feel like your offer is not fair enough on our total loss that we're talking about on a total loss, or if your car's in a repair facility. And I said this before on your insurance connection show that you can argue for a cash settlement you can ask for a cash settlement. So your car can be repaired because they repair facilities want to pull that deductible away from you. That's how you know your deductible is $1,000 or $500. If you have a cash settlement, you don't have to pay that deductible because they always ask you who's paying for this? Is the insurance company paying for it? Are you paying for it? This isn't information that you could use. So you keep money and want more money in your pocket and not give it to, you know the repair facilities, or you can get a settlement that you can agree upon with the insurance companies on a total loss or damage to your vehicles. A lot of times when the adjuster comes out, they don't see all the damages. They always pack it a little extra money in there for the damages when you can get your car repaired, so they don't have to come back and forth. Now, if you do have a settlement offer from the insurance company, you can always dispute and say that's not enough to get your car repaired, you can take your car to any repair facility of your choice. Now there are some repair facilities that the insurance company do recommend. And they said well, they'll guarantee the work will all repair facilities should guarantee the work. My name is Donnell Marquez, this is your insurance connection for more information 702-236-2624 702-236-2624 collision and comprehensive on auto insurance policy. Comprehensive is wind, fire, theft, vandalism, following objects on your car, or an object falls and hit your car that's considered under that's that will be paid under the comprehensive portion of the policy. Now, if your car is stolen, that's also paid under the comprehensive portion of the policy. If you need to replace your windshield, that is also under the comprehensive portion of the auto insurance policy collision. Just like it says collision when your car collides with any object. That is called collision. Now if you're driving down the road, and let's say a tire falls off, and you hit that tire and damage your vehicle that is considered collision. Now, when you file a claim, let's say someone hits you, and you file a claim with your own car insurance company, and you file a claim with them, they could put you at fault. I've seen this over and over. When a person hits you in a car accident, get their insurance information, take pictures of the car accident, take pictures of the ID card, take pictures of their driver's license, if a police officer show up or police officer don't show up, you have all the information you need to file a claim against that person's insurance. Now, if you and that person had the same insurance company, sometimes they will waive the deductible. Sometimes they will wait at the doctor before an example of both you have progressive. They always may they may they may waive the deductible depends on what your contract reads. One example. You know, I've I've been in car accidents, and I've been hit. It's not fun. I feel like for whatever reason women hit me for car accidents, and when three women and one man and hit me. And it's always been from the back, maybe they're not paying attention. Maybe they're texting and driving or just their mind is on something else. But I don't like getting hit anymore. So if you listen to me, be careful because I'm on the road to I don't want to get in anymore. It's not fun going into physical therapy, you have to go to physical therapy, and I had to lower back injections. I had a friend he he was in a car accident and I told him to go to the doctor he called me down I was in car accident, what should I do? So go to the doctor, make sure you okay. And his I feel fine. I don't need to go to the doctor. Well, he sneezed one day, three days after the car accident. And he had a spine his spine had a crack in it. He didn't know it. So he had a hairline crack in the spine. In a sneeze that's when he felt it. He was paralyzed almost two years. He was paralyzed almost two years. So fortunately, he had an insurance on his job that covered him through his death through his disability, he couldn't work. That doesn't happen with everyone. That doesn't happen with everyone. Do not take it for granted. If you in a car accident and you feel fine. Yes, you do usually feel fine. But the third day, that's when you're going to find out when those you know your sore back, or you maybe from your neck hyperextending that you're going to feel those injuries for areas as a result of that car accident 702-236-2624. When you are in a car accident, the first thing you should do is contact your insurance agent. You should tell your insurance agent what is going on? Because the Claims Department believe it or not. But the claims department really don't keep the insurance agent in the loop all the time. Because you know, they're different department. We're in sales and service. And they're in claims department so they really don't communicate with the insurance agent and then when people call them Don't you know I was in a car accident. A lot of times we don't know. We don't know that you're in a car accident because you didn't contact us. First. We're going to tell you step by step. What you need to do. My contact number is 702-236-2624 70223626 To for

Unknown Speaker 20:01
collision when your car's hit, of course you need to get it repaired. If you can't, if it is repairable, they may or may not be a deductible you have to pay again I gave you the option, you can take a cash settlement be a cash spender when you go into a body shop, or you know, I mean you could do that or you know, if you don't do it that way you could be paying your deductible. Now when it comes to the rental car reimbursement This is the most an on understood coverage on a car. Insurance policy people don't understand. When you have rental car reimbursement, it does not mean when you want to rent a car, you're going to use that coverage. No it does not. The rental car reimbursement means when your car is in a repair facility on a covered lost, you will have the option to go to your insurance company say my car was in a car accident. You know, if it's your fault or not your fault, you can go and use that coverage. Now, if it's not your fault, you want to use that person's you know coverage to get you get a rental car, and why your cars and repair shop that way you won't be without transportation. Now I've talked to people that own three cars and there's only two drivers. Now all three cars work. They may not need that coverage. So they are in a car accident. The rental car reimbursement so well I have an additional vehicle at home. I can Yeah, I can drive in. They don't need to pay for rental car reimbursement. But people think when you're traveling, or you need a rental car, because you have rental car reimbursement that does not cover you. Now when you go to the rental car agencies, they want to know your bodily injury coverage is something that sometimes the rental car agencies may want to offer you their insurance. Now when I rent a car, when I'm traveling, I buy the insurance I do I just add an expense. That way if I am in a car accident, anything happens, you know I'm covered. When you when you do rental car, you want to take pictures of the rental car, there if there's any damages, because you don't want to take the car back and all of a sudden they say you know you have damages, and they will charge your credit card. For those damages. Take pictures. When you have your rental car, when you pick up your rental car before you get in and drive off. Take pictures all around the car, even in the inside of the car, make sure there is no damages in the inside of the car because it could come back to you and say, You know what these are damages you cars and then they'll charge to your credit card. 702-236-2624 is my contact number 702-236-2624. You know people often now often asked me, they said, Well, you know the car accident was not my fault. It was not my fault. But the insurance company, my insurance rates went up. Because you lose that accident free discount. That's what happens. It's not as severe as an ad phone accident. But you will lose your accident free discount. Now if you have a speeding ticket. Now we can get that reduced down to a parking ticket. If you haven't made arrangements with the courts. If you haven't paid it yet. We have a team member Her name is Christine Barnard, on your insurance connection. She is a paralegal. She can help you get that reduced down to a parking ticket. If you have not paid for the speeding ticket or made arrangements to make payments to the courts. She can be contacted at 70223626247022362624. Her name is Christine Barnard. She has a notary service. She does wills. And if you need a trust, we can get you set up with a trust who is where she is a paralegal. She's not an attorney. But again, if you have a speeding ticket and hasn't been paid, you know you can't get reduced down to a parking ticket. And why would why would you want to do that? Because as a parking ticket, it's not going to come up on your driving history. When we run your driving record every six months when your policy renews. Well, every 12 months when you car insurance renews 702-236-2624 702-236-2624. Now, being in the business as long as I have I remember in 1999 they introduced the insurance companies introduce credit when it comes to buying auto insurance and homeowners insurance and renter's insurance, non life insurance thank God thank God we're not rating people on credit when it comes to life insurance. But when it comes to auto renters and homeowners insurance, they do rent a it's a selfie and on your credit, all the insurance all insurance companies do it every last one. So don't don't try to avoid it. It's not going to show up as a major hit on your credit. It's not going to cause points or anything like that. It shouldn't. But it is a soft hit, the better credit you have, the lower your car insurance rates will be. I'm gonna say that again. The better credit you have, the lower your car insurance will be just keep that in mind. If you need to clean up your credit, it could affect your rate, actually, you can see your rate decrease as a result of having better credit. But you know, all insurance companies do it and when they can when it came out in 1999, I remember when it happened, and I couldn't understand it as an insurance professional. So what does credit have some have to do with a person driving? That's it? Well, people with a higher credit scores do not have car accidents as much. It's still here. I guess it works. We just have to go with the flow, and just stick with it. That's what they told us. And it's still here. So maybe there's some truth to it. But I've seen people with car accidents, speeding tickets, and the answer, okay. And they said, Well, you know, my, my car insurance went up on my last company, what can you offer, and sometimes I can offer them about lower rate just because of their credit. You figure it out, I can tell you. My name is Don Marquez, I'm an insurance broker. I've been in the business now since 1996. offering insurance in the Las Vegas Valley, my office located on the corner of Sahara and Rancho. In the US Bank Center, located on the eighth floor, I work by appointment 702-236-2624 702-236-2624. I have multiple companies I work with as a broker, I do the shopping for you. And the only company is going to contact you is a company that we select, you have full access to the company that we select. Do not take any payments in my office, I set you up with the insurance company that we select for your car insurance, your homeowners insurance, and your life insurance. And that's what we offer add to your insurance connection again, car, home auto renter's boat and motorcycle insurance. A lot of bikers are out there you ride your motorcycles, it's that time of year to ride motorcycles because the weather's nice and cool. If you think your rates a little bit high on the motorcycle, we can always shop for you. Again, we're not you putting your information online. With all these different insurance companies calling you that doesn't work that way. I'm an insurance broker, the only person you will talk to his insurance company they will select regardless of the product that you get. Now if you need life insurance for your family members or yourself, you know it's 2022 You've been kicking the can long enough for your life insurance. Now it's time to get life insurance. When people say they want to wait for life insurance, you're waiting to pay more money for your life insurance because the rates go up as you get older. You know when you buy life insurance and you shouldn't say and I have people said today to me, oh I should have bought this life insurance. 10 years ago, I was a lot younger than a lot healthier than so don't take your age and your you know your health for granted. Take the opportunity. My life insurance. We offer life insurance at your insurance connection. We have policies, with no physicals with physicals, it just really depends every individual is different 702-236-2624 702-236-2624 My name is Donald Marquez we broadcast here right here KU in the 91.5 Jazz and more every Sunday morning from 8am to 830. Have a wonderful day everyone. Until next time, just keep it crispy.

Unknown Speaker 28:36
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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