San Diego Personal Insurance

Your home will be one of the most significant investments you will ever make, both economically and emotionally. Your family will spend countless hours there, among some of your most prized possessions. In the event of any misfortune, let us give you the peace of mind knowing that you are well protected

Home Insurance

Insurance premiums collected by each insurer get pooled into one pot of money used to pay losses. There may be certain years when losses exceed premiums paid. In some cases, this occurs over a two or three-year period. What Can We Do To Help?

We are an independent agency. This allows us to search the market for the best possible combination of home insurance premiums, coverage, and service. We compare the insurance company’s rates and use the competitive market to your advantage. Here are some ways to save on your premiums:

  • Purchase all your insure through our agency
  • Ask us about additional discounts
  • Consider increasing your deductible
  • Keep your home well maintained
  • Replace your roof, water heater, and other equipment when needed
  • Review your policy regularly- you may not need the same kind of coverage you did a few years ago

Auto Insurance Advice

Everyone is looking for a way to save on their auto insurance. We recommend you contact our office and we will search the market for the best possible combination of coverage, price, and service. Here are a few ideas to help you get the process started.

Your auto insurance deductible is the amount you pay from your pocket before making an insurance claim. The disadvantage of raising your claim is when you make a claim, you will pay more. However, if you are a safe driver, you will overtime save more money by raising your insurance deductible. Look at your previous insurance claim history and make a discreet decision for yourself.

If your car is not worth much, why pay for comprehensive and collision insurance coverage? Additionally, your insurance broker might be able to pull up the true worth of your vehicle, which may help you in making this decision.

Some auto insurance companies will give discounts if you drive less than a certain number of miles or drive less than a certain distance to work.

If you are considering moving, it will be a good idea to call your insurance agent and get his opinion on the insurance costs in the new city or state.

Your vehicle will also determine your overall insurance costs. Some of the cars are favorite for thieves since they fetch a good price. Some cars are more expensive to repair. It makes a lot of sense to do an adequate amount of research before you make your auto purchase.

Many manufacturers offer somewhat similar model names for vehicles, but insurance costs may vary. Additionally, 2 or 4 doors or the wrong model can impact your auto insurance quote.

A lot of companies will offer discounts if you and your spouse are insured with the same insurance company. Additionally, if you seek home insurance, life insurance, auto insurance from the same insurance company, you will get some discounts. Check with your insurance agent on saving money.

Should I Read My Insurance Policy?

We know that reading an insurance policy can be tough. The insurance industry is working hard to make auto, home and business insurance policies easier to read. Most insurance policies are 40 to 60 pages, with lots of legal terms that are hard for even attorneys to understand.

But the fact remains, it is very important that you read and understand your insurance policy. To help make the task easier for you, we offer this guide.

Insurance Policy Reading Tips

Start With The “Declarations Page”

  • Check all the information to make sure it is correct.
  • Review address, policy dates, and names insured.
  • Review limits to make sure they are what you ordered.
  • Confirm premium information.

For Auto Policies, Check The “Vehicle Information”

  • Is the correct vehicle identified?
  • Verify the VIN number.
  • Confirm the vehicle’s value.
  • Review the list of drivers if they are identified.

The “Insuring Agreement”

This is the section where most of the key coverages will be found. Take time to review the various coverage and coverage terms.

“The Exclusions”

It is very important to read this section, as well. Typical examples of excluded perils under a homeowner’s policy are flood, earthquake, and wear and tear. A typical example of an excluded loss under an automobile policy is damage due to wear and tear. Business insurance exclusions can include employment liability, cyber liability, and criminal acts.

“Definitions Section”

Every policy should include a Definitions Section to provide an explanation of certain language.

We are your trusted partner. Call us to help you better understand your policy. We can help explain what is in your policy and, more importantly, help make sure that you are appropriately protected for the future.

 

For more than 3 decades, Wayne McCormick, CIC, of McCormick Insurance Solutions has been serving the insurance needs of San Diegans who are looking for the right coverage for their auto, home, life, motorcycle, boat, RV and more.