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. Good morning. Good morning, everyone. And Happy Happy New Year. This Sunday morning, right here in Las Vegas, Nevada. My name is Don Marquez, this is your insurance connection. And this is my first show the first of the year. Today we're gonna get right into it. We're going to talk about a few things that's concerning me. I've talked to people about, you know, quite often about buying cars. And what I find is consistent is when a person when a person purchase a vehicle, you know, the service contract usually is a warranty that they offer. If you buy a pre owned vehicle, they say okay, you know what, you can get an extended warranty on this pre owned vehicle, because the vehicle does not come with a warranty. And as different reasons maybe because of the years is over for the factory warranty. And the mileage is over for the factory warranty under 100,000 miles of course. But what they want to do is charge you a warranty, put it on your contract, make your car upside down by this very expensive warranty where you can shop the warranty yourself online. Yes, there are companies out there will warranty your vehicle your premium vehicle for a reasonable price. Now the car dealerships probably charge twice as much, then what you can get on your own is going to be a separate payment. However, you're going to save about half just think about it. If a warranty at a dealership, let's say they say okay, this warranty is only good for 36 months. But this warranty is costing you $8,500 Yes, $8,500. I've seen that on some of these contracts, that's at $500 on top of your car purchase plus interest, that's a lot of money. That's a lot of money. Think about it if you're carrying around, maybe nine to 12% interest rate. And all of a sudden now even if you get a $8,500 warranty or even a $5,000 warranty, you're still paying interest on top of that. Think about it, what you could do, you can go online, there's a lot of car warranty companies out there. Now they may have a grace period or the first 30 days, or the first 30 Miles excuse me the first 30 days or the first 1000 miles, that's when your warranty kicks in. But that's okay, if you buy a decent pre owned car. I mean, that's okay, because you know that they have to protect themselves because they don't want a person to purchase a vehicle and it needs an engine, they're going to make sure that the car is driven for at least 1000 miles with a 30 day grace period. Now once that 30 Great 30 day grace period is over, then you have 1000 miles with the combination of both, then your car is fully warranty. Now the payment you make is going to be a separate payment they can set it up where it comes directly out of your account. Now I don't offer any of these type of warranties, but I'm just giving you a heads up which you can do for yourself to save money. This show is all about saving money and information about insurance News You Can Use my contact number is 702-236-2624 702-236-2624 My name is Don Marquez. This is your insurance connection we broadcast right here at K u and v 91.5. Jazz and more every Sunday morning from 8am to 830. Getting back to what I was talking about on the car warranties and this is good information because if you're paying that high interest rate on an auto loan, and on top of that, now you're paying for this warranty, your car could need GAP Insurance. Yes your car could need GAP insurance now there are some car insurance companies out there will offer you GAP insurance to cover your gap because if you don't put a lot of money down, you do create a gap. I see the best way that one of the best ways to shop for premium vehicle is go to auto trader. Now I don't I'm not affiliated with auto trader or anything like that but I find with Auto Trader if you put in the make model the year the mileage the price of the car you're looking for all cars you you have in mind that you're shopping for is going to come up with the internet rates and all the car dealerships are competing on auto trader you can put in even the distance how far you want to shop for your Vehicle 50 mile radius 100 mile radius are you willing to travel out of state to pick up your car or have it shipped to you? auto trade is a great resource. But I do recommend this. Before you purchase your vehicle, find out what the insurance is going to cost first. Yes, find out you know what the vehicle identification number, all the information is there, you want to look at the Carfax that makes sure that when you do purchase make your purchase, we add on the car insurance, you already know what the car insurance is going to be before you purchase the vehicle. Because you don't want to get car insurance shock alone with your car payment. Now all of a sudden you realize oh my goodness, I have a car payment now have this more money than I was paying before for car insurance. That happens sometimes when people upgrade themselves to a nicer vehicle to a luxury vehicle is always wise to know what the insurance is going to cost you before you purchase, make your next major purchase. Now cars are getting very expensive. Of course, if you were in a car accident, and you totaled your car out, or if you're going through that process right now, you know what I mean. Now, another way to get more money for your total wrecked vehicle that's total so total loss, you can go online and get three comparisons and send that to your claim representative you know they may offer you let's say your car on line is worth $25,000 But the claim representative is only offering you 15,000 Where you can't replace your car would you would you can do is go online and print it make model the same yours you know, same same year making model same year and the same similar mileage. print those out three comparisons send it in to the claim representative so maybe they can make an adjustment to give you more money for your total loss vehicle. This is your insurance connection. My name is Donnell Marquez, contact phone number is 702-236-2624 702-236-2624 located on a corner Sara Rancho right in the heart of our beautiful city, Las Vegas, Nevada, across the street from the palace station Hotel Casino and the US bank center. I'm located on the eighth floor 702 to three 626 24 I work by appointment, my business hours are Monday through Friday from 10am to 5pm. I'm awful on Saturdays and Sundays but I will work on occasionally on a Saturday that that's that's convenient for you to come in on a Saturday because I know some of you work during the daytime and you know those business hours that I have from 10 to five you may be working the same hours. I will on occasion we'll work a little later just depends on how late you want to come in. I've stayed into seven o'clock working with clients 702 to three 626 24 That's and I'm gonna do a full insurance review and I'll say You know what I'm gonna call down the first of you it's the first of the year now. Today is January 1. I take appointments even on a Sunday you can call me on a Sunday it's okay it is okay I have my appointment book and if I don't answer is maybe because I'm still in the bed asleep because this is a pre recorded show. I will call you back just leave your name your number and I'll contact you back book you and for the first of the year but if you have a mind you know I'm gonna call Donald sometime the first of the year I'm gonna get it done I've been listening to him on the radio for quite some time now at KU in the 91.5 Jazz and more I need to call him don't wait don't kick the can you can call me now we can book in for January February whatever's right right for you we can make it happen. We can make it happen in your insurance connection not offer auto insurance, homeowners renters insurance boat motorcycle insurance. And yes, life insurance. You know that's my favorite subject if you listen to my show, you know this is my favorite so to talking about life insurance, we'll get to that in a moment. But you know, good information news you can use when you lost your vehicle, you know and they try to sell you those GAP insurance policies at the dealership sometimes necessary to purchase the gap because you don't put any money down. That's up to you. But you can do some comparison shopping with your car insurance company. Now have the car service writer or you know just selling you this warranty. You know this finance person is selling you this warranty. They kind of want to twist your arm a little bit and say you know get it today because we cannot offer it tomorrow. Let me say that again. Get it today. We can offer it tomorrow. I don't know what the difference is between today and tomorrow. Sometimes people need to think about it. They need to think about it you know then let me think about it first and where they want to add that a very expensive warranty onto my vehicle. And you need to find out the pronouns because they have different programs for Are these warranties but they always want to throw the gap in there and that could cost you you know, you know as much as $1 a day you know who knows who knows what that may cost you but you want to find out, you want to break it down and you want to minus the warranty from your normal car payment to see exactly what that warranty is costing you. And then you can make a decision. You don't have to rush right away and make that final decision. I know you want to get out of the dealership, you've been there for four or five hours you want to get your car and go. I get it. But you know just take your time. Make sure it is affordable. You know I can afford the warranty and the car or wood you can do it as telling you know what I'm not gonna buy your warranty today and let me think about it overnight. But give yourself some time to shop online for a decent warranty. My name is Donna Marquez, this is your insurance connection. 702-236-2624 Don Marquez 702-236-2624 I'm a licensed insurance broker I represent multiple. When I say multiple insurance companies I represent a lot of insurance companies. I love what I do. Now if you have a job you don't you hate what you do every day. It is a difference and I've had jobs where I wouldn't it wasn't a favorable job for me. But I will go there every day because you know the days I had to work and to support my family, pay bills I get it but I needed to find a career. I love this career the insurance industry is amazing. is always changing is always change and I know people complain about the prices we have to pay for insurance. I pay those prices to express you what car insurance and the state of Nevada if you just move to Vegas, you're gonna get an insurance shock when it comes to your car insurance. But look at you could buy a home if you come from like the East Coast and homes are very expensive on the East Coast. He coming from California to La San Francisco oh my goodness homes are very expensive in San Francisco even Portland Oregon, Seattle Washington you know or San Diego he has another place there's homes are very expensive you know it's a give and take every city get his little something now a little something is is when you go register your vehicle you're gonna find that it's probably going to cost you a lot more if you just moved to Vegas you know it's gonna cost you live in more than you were paying before probably a lot more than you were paying before that's something we don't have a city tax but when I'm wondering sometimes that car registration should feel like a city tax to me but you know these are the things you need to find out and if you just moved to Vegas you need to register your car within the first 30 days change your insurance in Nevada insurance and register your vehicle in the state of Nevada you do have to make appointment at the Department of Motor Vehicle and they're all over the valley to make it for it convenient for you make an appointment makes it very convenient to as well because in the past a lot of people show up to DMV and just wait there all day online you know waiting their turn to go see a representative at the Department of Motor Vehicle when you go to the department of motor vehicle you're gonna need a smile on your on your cars this I believe is 30 years and younger right that the cars that 30 years and older you don't necessarily need a smog and that's considered a classic car so you probably may not need a smog maladies Oh classic cars wouldn't pass smog anyway.

Unknown Speaker 13:22
Mine sure wouldn't. It wouldn't I have a VAT 3d three engine stroker no way is that that thing's gonna pass smog but on your classic vehicles you are limited in the mileage annual mileage limited and they're going to check your mileage every single year. That makes sure you but you below the the mileage the Department of Motor Vehicle require you to drive your classic vehicle. If you have a classic car on your regular car insurance, you want to put it at an agreed value or at a stated value. These classic cars are very expensive today. You know if you have an old classic car and you have liability on it and this running and it looks good, more than likely you have a lot of money spent on this old classic vehicle. Know what it costs to replace that vehicle today is you know it's almost you can't I mean you can't pry price it out on old school prices you have to go on today's new prices. Now if you have liability only on that classic vehicle you know if it's lost, stolen, damaged, you have no protection, no protection, but we have companies America modern is a company that insures classic cars for his current value today. You know back in the day you know I know a lot of you know what I'm talking about. You can buy a brand new car for like less than $5,000 Those days are long gone, as we will know. Now your classic car vehicles were back then he probably sold for less than $5,000. I remember my neighbor bought a brand new 1970 Chevelle with all the bells and whistles on it 396 SS it was only $3,700 brand new and 1970 Yeah, I remember That was young. But I remember the window sticker that $3,700. That was a lot of money back then. But today in comparison that cars well over 25 $30,000, and up and up. So when your classic car vehicle My point is, is, you want to make sure we insure it for today's value, today's value. And if you don't know what the value is, there are companies around town that will give you an appraisal on your vehicle. Or if you have all your receipts for everything you've done to the vehicle, and you can go online to and look and see what they're selling for. But if you have all your receipts from the mechanical repairs, you've had nine, that adds value to your classic car to his Well, if you're just tuning in, my name is Don Marquez, this is your insurance connection, my contact number 702-236-2624 702-236-2624. Well on your regular vehicles will combine the home and auto together to give you though, the multi policy discount. We call it the bundle today. But we used to call it the month multi policy discount. I've been in this business now. Going on 27 years this year, we'll make 27 years as an insurance professional. I absolutely love what I do. I've met a lot of great people in this industry. I'm talking about people I work with, and also customers and I want to thank the customers that listen to this program. And they come in and they purchase home auto life insurance. I love life insurance, you know why? Because when you do pass away, and we all will pass away, you know, you know what the day we're born, we're given a checkpoint to pass away. But when we pass away, how are we going to leave our family? What position are you going to leave your font family in financially? Are you gonna leave them in a position where, you know, they don't, you know, they're struggling to make it, they can can't pay for the car payment, they can't pay the rent, they can't pay the mortgage, you can look at life insurance as a credit life insurance policy. Because when it comes to credit cards, right when it comes to credit cards, you lose a loved one. Now if the husband and a wife is a for example, if the husband and wife is on a credit card together, though the spouse does the remaining spouse could be responsible for that debt. But if you have credit cards and they are separate, so the husband wife, the husband has his own credit cards and his name only. And you have your credit cards in your name only but your authorized users, okay your otherwise users, then when that spouse passes away, you're not responsible for that credit card debt. You know, I'm responsible for the credit card debt. But if you own that jointly together on the application, you could be responsible if you lose your spouse. Now let's say for an example, all the credit cards was separate. You lose a loved one your spouse that that credit card debt is forgiven. But that car payment is not forgiven. That mortgage is not forgiven. The utility bills, the cable bills that cellphone bills are not forgiven. Those bills are still coming in monthly, the groceries are not forgiven. But your credit cards your unsecured debt is forgiven. Now that's an advantage or a disadvantage depending on your situation. But when you have life insurance, when you have life insurance, did you know enough life insurance to pay the car off looking at a credit life insurance policy, or your savings account for that day, that rainy day when it comes in the rain is the tears that are coming out of your eyes? When you lose a loved one. You sometimes families don't even have time to grieve, because they're wondering if they spouse had life insurance, if they grandparents or their parents had a life insurance. You don't give them an opportunity to degree because you didn't take care of your business. You hear the show? Weekly? And I give great advice. I know I do. I do. Because people tell me all the time. And and I research my advice to give to you on his radio program. So it'll make your life better financially. However, when you lose a loved one, and you have to go to the funeral home, and they're charging anywhere from 15 to $20,000 to bury your loved one today, and they want all the money upfront. This is what they're charging today. And the prices go up every six months. What are you going to do? Because if you plan and I've had people ask me, they were at the funeral home. You know, my dad passed away. Can we use this credit card to pay for the funeral? Absolutely. No, no, you cannot. Because there's no it has happened people contact me as I'm at the funeral home my dad just died. He didn't have any life insurance. Can we use his credit card? No, you cannot. Because if you try to give your credit card to the funeral directors they're gonna look at to see the name on a credit card and so he's this Isn't the disease that has happened at the funeral homes? You know, when a person passes away? You have to go in action that casket is very expensive. You're talking about, those caskets are renting $4,500 Apply to like seven $8,000. You talking about the headstone, the opening the closing, you know, the repast the service itself. I mean, the list just goes on and on and on. It's mind boggling. When you lose a loved one and there's no money. There's no money, I can write a personal life insurance policy. From day one to 85 years young. I'll repeat, I can write an individual life insurance policy from day one to 85 years young 702-236-2624 702-236-2624. Let's make it a point to get a life insurance policy this year, you've been kicking again long enough. Let's stop procrastinating. The numbers again is 702. Write it down 702-236-2624 My name is Donnell Marquez locking in your phone and make my phone ring. We'll set up an appointment, you come in and appointment we make it very easy. We sit down we chitchat a little bit laugh a little bit, but we get down to business. We get down to business. I don't charge a broker fee when you come to see me. I don't charge a broker fee when you come to see me when you do purchase a life insurance policy. And I must say this. Nine out of 10 people come see me they purchase insurance nine out of 10 Usually that 10 person the other well, you know, our they may be okay with their current insurance. And I tell them, You know what, I'll push the paperwork back. And so you know, you're good Stay where you are. And I've done that, you know, if I can't, you know, look at if I look at your life insurance policy. And I may tell you to stay there, you need to stay there. Depending on your health you age. And I have policies, they don't count height, weight. I've insured a gentleman he was over 650 pounds. Yes, I've insured a gentleman he was worth over 650 pounds. And he's still living today. And God bless him. And that was a few years back. And he's lost weight his daughter called me and she said, You know, I heard the show, talking about a man when I was six 750 pounds. That was my dad. But I just want to let you know he's lost 200 pounds, God bless him, God and God bless everybody listen to this program. And you know, God bless the world because we need a blessing roundabout now. It's a new year 2023 20 through 23. Now it's time to get a life insurance policy. Let's have an insurance review. If you have a current life insurance policy, I offer no obligation insurance reviews on your current life insurance policy. I received a call today on my way to the studio to record this show.

Unknown Speaker 22:57
A gentleman passed away he was in he was 80 years young. He bought a life insurance policy for his wife. Right? And he made himself the beneficiary and he also was paying on the policy. Now they was wondering what are we going to do now? I'm glad so glad they called me because they are the show. And they picked up the phone and call me now that the primary beneficiary has deceased and they did not have a contingent beneficiary. What are we going to do? So I advise them the insurance company that you're paying on the insurance policy, call them ask for a change of beneficiary, a change of beneficiary form, it's a simple form, they will mail out to you and you change the beneficiary and from the primary of for for a new primary beneficiary. Now if you have a primary beneficiary that's passed away with a contingent beneficiary, the contingent beneficiary on the life insurance policy will move up to the primary position. Now you might have multiple and now if you have multiple primary beneficiaries, let's say you have two primary beneficiaries at 5050. Right at 50% each. Let's say that one of the primary beneficiaries has passed away that puts other beneficiary you don't have to get a change in form unless you want to add another beneficiary. Now that remaining beneficiary is at on 100% at 100%. The contingent beneficiary with the primary beneficiary is still living is not going to receive any money. Because you have a primary beneficiary. The contingent beneficiary only moves up if there's no more primary beneficiaries. Now, I've seen people fill out life insurance policies. They've put the primary beneficiary at 50% and they put the contingent beneficiary at 50%. You're filling out the information wrong, and sometimes these life insurance companies won't won't contact you to correct this mistake. It is a bad mistake to make Here's another mistake I've seen happen, the primary beneficiary passes away. Now the insured passes away later on. The family members take in the life insurance policy to the funeral home. So the funeral home comes to use a life insurance policy as collateral to take their proceeds out. Right. But you don't have a primary beneficiary or contingent beneficiary. That policy goes into probate. My name is Donnell Marquez, I hope this is news you can use 702-236-2624 702-236-2624. If you have a family member with lupus, a history of cancer heart disease, liver disease, kidney disease, we can get them a life insurance policy don't give up. If you have a family member with Alzheimer's dementia, we can get them a life insurance policy at your insurance connection, I shop the rates for you would do a ride to it right in front of you. Everything is transparent, I have a screen on my desk where you see everything that I'm doing. Now, once a policy is purchased, you don't owe me anything, because insurance companies will compensate me for my efforts. 702-236-2624 with a life insurance policy, you can pick up the due date between the first and the 28th of the month. When you do date. Now some of you get paid every third Wednesday of the month, fourth Wednesday of the month, you because you're on social security, we can accommodate that for you, between the first and the 28th of each month. If you if you have children as 17 years or younger, we can add them on as a child rider. My seniors, please listen up. If you have a life insurance policy, and it's accidental, only you're wasting your money. I cannot stress this enough. You're wasting your money on accidental only life insurance policy. And I know in your mind's eye you know I had to get something this is better than nothing. You really have nothing. Because people don't die from from accidents. They don't have an accidental death. Think about it. Do you know anybody that died from an accident and the policy pay? I don't. And I've been doing this for 27 years. And I've never known an accidental only life insurance policy to pay a beneficiary. I know as low costs, you pay us around $7 a month for $10 million policy listening. I mean, they don't care to me and find me you know a million a 500,000 But you only paying less than $10 a month because they know the policy will never pay out. It's time to get a real life insurance policy. I can insure a person from day one to 85 years young 702-236-2624 Now is the time 2023 Hey, we're not getting any younger. What are you gonna do? What are you gonna do? You're gonna you know, put your family in debt. Are you going to take care of business? Something is better than nothing. Again, if you have diabetes, lupus, a history of cancer, heart disease, COPD, Alzheimer's dementia. Now with Alzheimer's and dementia, we have to do a Power of Attorney What have somebody to over you that so we can write the policy the person with Alzheimer's or dementia can that answer the health questions and they can not pay for the policy themselves. We can help you get a power of attorney. We have a team member on staff Her name is Christine Benard. She can set you up with a power of attorney or if you have children out there that's kind of wiling out. You know what I'm talking about. We can make the power of attorney so you can get a life insurance policy on them. We can help you take that stress out of your life. Talk to your husband talk to your spouse is very rare. When women don't want to get life insurance. It's very rare. It's always kind of the man pushed back a little bit. Come on guys, we could do better. We can do better. Because without you what is your family going to do? You're gone your income has gone. How is your family gonna survive? 702-236-2624 702-236-2624 everyone enjoy this New Year's I know a lot of you probably hungover. Hopefully hope you didn't get a DUI. But if you did, it's gonna be very expensive. Very expensive. We can help you with a DUI with Christine Barnard. She's our legal person on your insurance connection. She is a paralegal she can get you in touch with an attorney. If you need one, if you got a DUI is going to be a train wreck for a little bit, but we can get you out of that train wreck 702-236-2624 702-236-2624 Enjoy today, January 1 right in our beautiful city, Las Vegas, Nevada. We'll do this again next week. Until then just keep it crispy. Happy New Year everybody.

Unknown Speaker 29:52
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 Use of K u and v Las Vegas the University of Nevada Las Vegas are the Board of Regents of the Nevada System of Higher Education

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