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 0:39
Good morning Las Vegas. My name is Dan Marquez. Welcome to another edition of eat your insurance connection right here at K und 91.5 Jazz and more happy Sunday morning. You know the weather's nice in Las Vegas, Nevada. So nice to cool down from all the summer heat. But you know we are where we are. And let's go Raiders. You know, it's a tough week to win those chiefs. Oh my goodness, I thought we just gonna pull it off. But hey, you know what? We live to fight another day. You know, I'm a true force sports fan. Excuse me, I'm a sports fan. I love sports. I love the entertainment we have here in Las Vegas, Nevada. We such a wonderful city to come to and to live in. And I'm a native of Las Vegas, Nevada. And where we are right now is amazing. Somebody's gas prices need to go down as long as as well as the temperature. But we're gonna get there, we're gonna get there. We're gonna get there soon. We're here listening to this show. Because I talk about insurance. My main topic is insurance. And I've been an insurance agent for now for 26 years. Happy to say so and hopefully I'll be around for another five or 10 more years, offering you valuable information about insurance. And the reason why I come on air because people like yourself does this thing to the show right now. You buy insurance, and you pay for it every month, or you make your payments once a year, every six months. And you don't quite understand the mechanics of what goes on with an insurance policy expecially when your policy goes up? Now I know you hear a lot of different excuses. And I'm gonna tell you one of the main reasons expressly the auto, let's talk about that. And then we're going to talk about the home. And yes, we're going to talk about life insurance we always do on my show.

Unknown Speaker 2:23
Not auto insurance increases for a number of reasons. When there's a lot of claims filed against an insurance company, when there's car accidents, consistently car accidents, people file a claim, of course they want to get paid. And you see on television, they advertise on television, you know, you can get a lot of money in a car accident that just really just depends on your injuries is all based on your injuries. How long have you been out of work? You know, what, how did it hinder your lifestyle, but what happens, you know, the insurance companies, they have to pay these claims they have to pay him in a reasonable amount of time. Of course, you know, you got you got now a lawyer, that's your right to do so and you do have an option. You don't have to hire an attorney, your settlement is going to be the same with it without an attorney. I don't know what he says gonna be increased with an attorney. I guess in special cases, you really do need an attorney, especially when it comes to filing your uninsured motorist portion of your policy. That's always been a challenge to do it alone. However, I've been in the car accidents in the past, and I file claims and I didn't need did not need an attorney. Now it's up to you to have an attorney. But you can file a claim against a life insurance I mean, excuse me auto insurance claim. And you can go through the process step by step yourself. Now the insurance adjusters will take you step by step they will make you an offer. If the offer is not reasonable, show them medical bills, show them your pain and suffering show them that you've taken have taken time off from work we're talking about your claim adjusters and the you can do the negotiating yourself. People don't know that but it will help keep the cost of insurance down. Now when you have an attorney of course they're going to take a 30 Your money or even 40% I've seen them taken as high as 50%. I said that's a little aggressive but I've seen that. Now, again, it is your option but you are paying for insurance. Now if someone hits you without insurance, then you can use your collision portion of your vehicle to get your car repaired. And also your uninsured underinsured motorist portion for your bodily injury. However, if a person does hit you, and they do have car insurance, you can file a claim against their policy, not your policy. Because when you file a claim against your policy, it may come up on your record that you are at fault although you are not at fault. It just How's reported. My name is Don Marquez, this is your insurance connection. 702-236-2624 is my number 702-236-2624 located on the corner of Rancho and Sahara

Unknown Speaker 4:59
in the US

Unknown Speaker 5:00
been building. I'm on the eighth floor 702-236-2624 The reason why I bring up this car accident. This is one of the reasons why rates are so expensive right here in Las Vegas, Nevada. There's a lot of accidents if you traveled on any of the expressways, you see it all the time, especially during rush hour, in the morning in the evening, people look at changing lanes without turning their turn signal on. People are texting and driving. This is one of the one of the main reasons why we have so many accidents in the valley. You're texting, you're driving, and unfortunately our seniors are not paying attention. You know, they have a lot more red clock collisions than they ever have in the past before. Another reasons why they expensive these vehicles look at the cost of a car today. Oh my goodness, the car costs so much money today. I mean, it's what when I was growing up, I saw houses or what cars cost today. I mean, you could buy a home. But what cars costs today cars, your average nice luxury vehicle is well over $30,000 I mean, that's that's you know, that's not even a luxury vehicle that says your common car today. I mean, you can get a like a Volkswagen SUV for like $30,000 and a buddy, if you started talking about the Lexus and Mercedes Benz and you know, even New York GMCs Denalis Cadillacs. I think you're talking about close to $100,000 today, and people are buying luxury cars. With this economy. People are buying luxury car vehicles, I don't understand that they are purchasing luxury vehicles. And they come to me and they wonder why their car insurance rates going up. But well, you just bought this.

Unknown Speaker 6:40
You just bought this $120,000. Denali, or you bought a Range Rover, what do you think was going to happen? I mean, your insurance, yes is gonna go up. That's just the nature of insurance, you buy a very expensive car, the insurance companies do have to adjust your rates. Now what you can do, you can contact your insurance agent or you can contact me before you purchase that very expensive car. It may be something you've been wanting all for a very long time, you've worked hard enough. And you say to yourself, you know what, I can afford that now. I deserve it. The kids are all gone. I graduated from college and they've moved on with their life or they went to trade school or they live in another city. It's just me and my my spouse or me and my significant other or just yourself and you want to make that large purchase. You go right ahead, you go read it, do you

Unknown Speaker 7:33
that's why you know, you we work for what I mean we've taken care of families all our life now it's time to enjoy yourself. If that's what you want to do go out and get you a nice luxury car, go ahead and get what everybody else is getting what I mean really, people are buying luxury cars like you would not believe even pre owned brand new, but the premium business is very lucrative right now because people can't afford to pay that 120 for a brand new car but they say you know what I can afford $60,000 And then my car is only a few years old, even if it's new or a few years old. When you contact me as your insurance professional. I'm gonna tell you what the rates are now sometimes people like oh, well wow I should have called you first before I purchase a car but now you already have it people have seen the car.

Unknown Speaker 8:14
It is what it is now you know, but I tried to shop

Unknown Speaker 8:19
for the best rates I can give for you. My concern is not only the lowest rates, but also the proper coverages. What's the point of having low cut insurance with a low rate and then if something happens, you know unexpected and no one wakes up in the morning and say you know I want to have a car accident today. No one No one does that. When you have a car accident is sudden is unexpected. A lot of times you don't see or you're not paying attention or things just happen. Things happen or you make the wrong turn or you didn't see the light or you know you're you ran the red light. I mean it's just a multiple of things happen. You know people are in a hurry. People are in a hurry. This is one of them. One of the reasons why we have so many car accidents. This is one of the reasons why we experience very expensive car insurance rates right here in Southern Nevada. It amazes me when people you know they relocate here in Vegas and they wonder why their car insurance rates a lot higher than the previous city they were in no matter where they came from and say you know I was living in Detroit and the car was raised was a lot less or I was living in New Orleans and the car insurance was a lot less and I moved to Vegas and wow what happened well Welcome to Las Vegas express the Southern Nevada now if you in the Reno area you probably know experienced on such a high rates we do in Southern Nevada. Now the people that live in Boulder City or 8905 to their their insurance rates are not as bad or even parang if you live in Pahrump, you know you'll find your rates of very favorable and they right here in Southern Nevada. My name is Don Marquez, this is your insurance connection. Mike

Unknown Speaker 10:00
Contact number 702-236-2624 702-236-2624 located on the corner of Sahara Rancho US Bank, building a floor, I'm an insurance professional been doing this for a very long time. 26 years I can't believe is 26 years. It just seemed like yesterday when I got my license. It was right before Thanksgiving, back in 1996. I had to think about that. Back in 1996. I got my license. And wow, what a day that was right. It was the day before Thanksgiving. And I was so excited. Wow, it was an exciting point when I got my license, and it just blossomed from there. It truly has a great industry to be in, if you're looking for a career, not a job. This is a career. I mean, you work in the smoke free environment, you get to meet people, and not only as an insurance professional, but if you want to get in into claims, customer service. You know, there's a lot of moving parts in the insurance industry adjusters. I mean, there's a lot to do, you know, you could be a fraud specialist, we do have a lot of fraud, we do. We do we get you can get into marketing, it's a lot of lot of options in the insurance industry. If you just graduated from college, or you look or you don't even have a college degree, you know, when I got into this business, a college degree was required, or business experience, or business experience. And I was fortunate to get in because I had a lot of business experience. And I was fortunate to get in this industry and I love it absolutely love it. Prior to in this industry, I own my own business. And but going into the insurance business is a unique opportunity. Because everyone needs insurance. Think about if you purchase a home, you need homeowners insurance, if you rent, you need renter's insurance, or buying a vehicle that luxury car, you got your eye on, you need auto insurance.

Unknown Speaker 12:12
You know, and also you need life insurance. Everybody needs life insurance. But the law says you have to have homeowners insurance is required to cover the loan. And loss also says is required for you don't have auto insurance to drive. So you can protect yourself.

Unknown Speaker 12:28
If you cause harm to others, that's all insurance does is protection when you cause harm to others, causing harm to others when they have to go to the hospital. And you know, I have people call me and say you know what, they weren't that injured. You know, they're just faking it. But you cannot make that call. This is why you purchase insurance, auto insurance, or someone visits your home. You know in a slip and fall, they don't live in your house, oh, they are visiting, and they slip and fall and they will not they want to file a claim against you. Maybe get they have injuries and they're not faking it. And they get compensated for it. It happens every day all day. And the reason why our insurance rates are so high in the valley, because all the claims being filed. Now I'm saying I'm not saying to you not file a claim. But this is one of the driving forces of our car insurance rates going up. Now a lot of us are not driving as much as we used to because the price of gasoline. I try to make all my stops in sequence. I have to go to the grocery store. I have to go to the doctor's office, I have to go to physical therapy. You know I try to 1234 that day. Oh, I have to go see my accountant 1234 I tried to make my stops on that one day. Because serve on gas. And I probably don't drive my vehicles maybe two or three days out of the week. Because a lot of times too. I can work from home if you need to. You know your policy. If you need a policy and you don't want to come to the office. That's okay too. You can contact me at 702-236-2624 702-236-2624 located on the corner of Rancho Santa Clara, US bank center, eighth floor. I'm here for you. I'm here for you. I'm from Las Vegas born and raised here. I love my city I really do and look at it will Big Brown city now. It will be I remember downtown used to be the main drag you know you have to go downtown to pay your phone bill power bill and do all your shopping. That was our first Mall. And then the boulevard mall came in and then later on the metal's Mall. And look at our city today is the ground city. thanks to people like yourself, the people that relocated in Las Vegas because of the weather and you got tired of shoveling the snow and now you're in sunny Las Vegas. Now you can call your relatives back east and at Christmas and say hey Merry Christmas and and so what you're doing I'm well I'm outside on the patio having

Unknown Speaker 15:00
A cup of coffee listen to DataMarket

Unknown Speaker 15:03
en que un V 91.5 Jazz and more. What are you doing back East? Well shoveling the snow is Christmas so we can get out and you know make our rounds for Christmas take presents to the children. But we don't have that today because we don't get snow. If you want to see some snow go up to Mount Charleston. Enjoy your snow in wintertime and come back and enjoy as a beautiful weather. Not all year round anymore. I mean, we got this summertime this dragon out here. It needs to go away get down to the 70s and 80s. The low 80s in the 70s. That's my kind of Las Vegas whether it's going to happen. My name is Don Marquez. This is your insurance connection. We brought crash right here at KU envy 91.5 Jazz and more Sunday mornings from 8am to 834 days out of them four days out of the month every Sunday, every Sunday morning. I love it. I mean this football season, basketball season is right around the corner and again, I can't say enough. Congratulations to the Las Vegas aces. The ladies came through. Okay, Raiders, they'd set the bar real high.

Unknown Speaker 16:11
We can do it now. You know the Raiders. Let me say this. Before we go back on to the insurance. I think we have a great team. I really do. I think we're going to be okay. They almost beat the chiefs. Now if you can almost beat the Chiefs at home. That does tell us something that it tells us a lot.

Unknown Speaker 16:30
You know we can do it in Vegas. We could do it. We're gonna make it happen. I do believe

Unknown Speaker 16:35
you know it's going to work for the Raiders. We just have to give it a little bit more time. We're gonna take a game by game I believe they're gonna win. So we'll have a good season. We've just got to, you know, keep cheering them on. And I am cheering them on. first football game I've ever saw live at the stadium was the Raiders at the Coliseum. And that was a while back. They have Bo Jackson on the team back then. And they will be okay. My name is Don Marquez, this is your insurance connection. 702-236-2624 702-236-2624 homeowners when you purchase a home and you file a claim against your homeowners insurance policy. And when your policy renews is another reason why your insurance rates go up is because you had a claim and you let the damages get a little bit too far. In other words, you saw a leak on your roof and you didn't do anything about it initially. But it started getting worse and worse. Now it gets to a point you know you're on that fine line of the claim not being paid. Because you know the insurance adjuster come and look at you go to your home. They can look at your roof and say you know you have a pre existing condition you didn't do anything to stop it. Well I have a leaky pipe of my ceiling. I don't know what's wrong. Now if you live in a condo or an apartment, and there's someone is above you know and you can file a claim against their insurance policy if it's coming from there, you know from up top. So if a person is living above you, and they have renter's insurance or condo insurance, but you know they couldn't be liable. I don't think the association is going to pay for that. I really don't. You know, every Association is a little different. But if you're experiencing that and living in apartment or condo honor comes up from time to time, especially if you live in downstairs. When you live in downstairs have a you have your neighbor upstairs hot water heater breaks, whatever water heater breaks, I mean it could cause of mess in your unit. You know in your condo and your apartment. This is why you want to have renter's insurance or renters or condo insurance. Or if you have a townhouse, you can have homeowners insurance to cover these losses. You want to file that claim as quick as you can. You don't want to be on that fine line not to get the claim. Not settle because the adjuster will come out after so many months, they will tell you is a preexisting condition. Now here's another one that happens quite often if you when you're washing your clothes, no matter where you live in an apartment, a condo, townhouse a house.

Unknown Speaker 19:15
But if you're washing clothes, when you finish washing clothes, turn the water line of turn the water line off once you turn that water line off, then it shuts off the pressure to the total water hoses to the washing machine. When you ready to resume washing your clothes, turn the water line back on both hot and cold. And the reason why you want to do that because you could be away. You could be gone somewhere and all of a sudden

Unknown Speaker 19:44
you know the line breaks and now you have a mess on your hands when you come home. You can see a big screen TV floated down. It was floating in the living room from the family room to the living room is that it's just that much water that one of the main reasons homeowners files claims

Unknown Speaker 20:00
And in Vegas, or anywhere in particular is because of water laws, the water water heater breaks, the water lines on a washing machine break, or they may have a leak in the roof. This is most common. Now if you have an older home, and you purchase an older home or you just have an older home, you want to you know that roof is if it's really, really Oh, you may not be insurable. Sometimes I do have people contacting me and say, You know what, I just purchased this home. And I asked him what year was the home build, so it was built in the 60s or the 50s. And yet, when the inspector comes out, and they look at the roof and the roof,

Unknown Speaker 20:37
and the roof isn't not it needs repaired, you may not be insurable. You have to think about that. Now the adjuster will tell you, your roof is it does not. It did not pass inspection. But you need to get your roof repaired. Once you get your roof repaired, then we can put the insurance on owning a home 702-236-2624 My name is Don Marquez. This is your insurance connection broadcast from K u and v 91.5. Jazz and more we have an a fundraiser. So please donate to the station is a tax deductible write off, and all of us need these write offs, right. But I like to write things into my checking account. You know, right and off is one thing, you know, but writing, you know, in my checking account, that deposit a check in my checking account is okay too. But you know, when it comes to these fundraisers, we need the money from the station. So you know, donate what you can, you know, no amount is too small. It goes a long way. It helps keep programs like this on the air, as well the other as well as other programs, we have music, the other talk shows we listened to right here, k, U, K, u and v nine and 1.5 Jazz and more. It keeps us on the air keeps everything going. And the students you know, it helps them with their education because they come in to the studio to learn how to be engineers, broadcasters, and announcers. My name is Don Marquez, this is your insurance connection. I'm located on the corner of Sahara Rancho, in the US banks and I give them my phone number out a lot and my location a lot because people want to know they call me is that where you located?

Unknown Speaker 22:17
Well, I get it, I give it out at least three or four times per show 702-236-2624. Now let's talk about life insurance. My favorite subject? I had a couple come in last week there this program. And they said to me, and so you know, for a long time, we've been saving money for life insurance. Well, we saved money for life insurance. Now what does that mean? In other words, they do not have a life they did not. And they don't mind me sharing their stories, I won't tell their names. But their their story was this. We set it up money aside. You know, when that day comes, and we know it's coming for us, we have enough money set aside to take care of final expenses. That's a really, and as as we do now, both of my helping, both of men are in their mid 50s. And they're you know that, of course, approaching retirement. And they tell me Well, you know, I have life insurance on my job. But I said okay, but now they're talking about, you know, talking about the assets and their savings account, not their 401 K, it's just money they saved, you know, they're fortunate enough to save money. However, the amount of money they had saved up, I said, What if one of you got really ill? In other words, what if one of you, you know, had cancer, or you know, maybe a heart disease? And you had to spend a lot of time in a hospital? What if one of you have that? And how would it affect your finances? You know, because everybody wants to retire. But when you retire, let's say you retire in your mid 50s. And I'm talking about returning a mid 50s. And I made them really think about this. Yeah, so you may not at that age, and in your mid 50s, you may not allow health insurance to cover everything that you need covered. So now you will go to your savings. And this happens to a lot of people, you go to your savings after you Okay, so you retired. Now you have other insurance, but it doesn't cover everything. But now you have to go to your savings. And they never really considered, they never really considered that going into their savings because of a major illness or underlying health condition. They never really you can't really save for them. Now, if that wipes out your savings, then what? You know what they said to themselves. Can I and my wife and I are going to talk about this a little bit. We're not going to leave. We just want to talk about this. I had no problem. We have a break room. I showed him with a break room was it discuss it a little bit. They came back and they said well, you know, that makes a lot of sense. We've saved money. We try to prepare ourselves but if something a major illness come up, and we don't have enough health insurance to cover the cost, what can you do? So they make a long story short, they ended up getting three and $1,000 each on their life insurance.

Unknown Speaker 25:00
his policies, they bought a 30 year term policy 300,000 each, and they were very happy now the cost of that $300,000 term policy was very affordable for them. And you can do the same thing to. Now, if you own the fence about buying life insurance, look at it as a savings account. You know, a lot of us can't save money, not like, you know, we're talking about hundreds of 1000s of dollars, it takes a long time to save $100,000 If you put in $1,000 a week, each month, it takes a long time to save $100,000. But with a life insurance policy, you go, you take out 100,000 Not a life insurance policy, you've you know, you put that money in your account they want. In other words, it's an attribute to your assets, it's in your in your assets. Day one, you have $100,000 When that day comes, and that call is gonna come for all of us, it's going to come for our lives. So don't think you know, saving money is good. But having a life insurance policy in lieu of a savings account will help you with your final expenses. Now, if you had that something does come out, and you have a substantial savings account, and you have your life insurance policy, you have a really nice balance. You know, right there, you have a nice balance because, you know, life is unpredictable. One day, you can be very healthy the next day, things change overnight. I've seen it happen multiple times. And especially as we age in life, as we age in life. Now if you need a small policy to cover your final expenses, because you've been turned down. Because you have diabetes, lupus history of cancer, I can help you with a life insurance policy. It includes a casket, the container, and also the marker 702-236-2624. My name is Don Marquez, let us put a policy together for you, we can find a way that'll fit in your budget. That way you won't you know, when that day comes, and it comes for all of us, your family won't go into financial disaster or you know, people don't have to file bankruptcy. One of the main reasons why people file bankruptcy is because you know, you lose a loved one, you lose a loved one, and it changes your whole life. Now, sometimes family members have to move out of their home they're accustomed to live in an apartment or live with relatives is devastating. Take care of your finances, it'll take care of you later, especially with a life insurance policy, it will be part of your portfolio as part of your portfolio, you know, all rich people get life insurance policy, although you know, they got a lot of money. But they had to protect their assets because when they die, they have what they call it a death tax, a death tax. So they their tax on their estate when they pass away. So think about it. Although you know, they may have a lot of money, but they get a life insurance policy that cover those assets. The nice thing about a life insurance policy, no matter how much money you get, it's a tax free benefit. So you can write in your checking account that tax free benefit. I know losing a loved one is not easy, but it makes it a lot harder with no money. I'm gonna say that again. I know losing a loved one and I've lost loved ones. But fortunately, I have a life insurance policy to cover my loved ones. But without life insurance and you lose a loved one without any financial responsibilities or any financial resources, asking people to help you bury a loved one. And there gonna be other finances to it as well. The bills are the power build the mortgage, the rent, the car payment, the car insurance. Oh my goodness, that's scary. That's really scary. How are you going to pay for all of that, and that's why people file bankruptcy. Don't let this happen to you. We can help you at your insurance connection. I'm a licensed insurance broker for the last 26 years. I can help you with my experience. I represent multiple life insurance companies home auto 702 to three 626 20 470 to 2362624 My name is Don Marquez a K going to be 91.5 Jazz and more donate to the station we have enough fundraiser right now we can take whatever you can give, you know you could donate to the radio station we'll accept it was five bucks, 10 bucks, whatever it is, you know we'll take the money

Unknown Speaker 29:11
and you have a tax write off to everybody have a wonderful Sunday. Until next week. Just keep it crispy. Thankfully,

Unknown Speaker 29:18
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.

Transcribed by https://otter.ai