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How Bad Credit Can Affect Life Insurance Premiums

Posted on by TheSph3r3
How Bad Credit Can Affect Life Insurance Premiums

Your credit score is a factor in your life insurance.  

We hear so much these days about how credit, and credit scores in particular, can affect just about anything you want to do in life. This is also true when applying for life insurance. Generally, your credit score will be taken into account when insurers are determining your premium. Before you apply for a life insurance policy, it’s a good idea to take a look at how bad credit can influence the final cost of insurance.

Your credit history can give insurers a snapshot of how well you’ve managed your finances. Insurance companies tend to look out for red flags that might indicate that you’re too much of a risk to insure. Being deep in debt or missing several credit card payments will tell insurers that you’re not keeping a tight grip on your finances. Typically, having bad credit won’t hurt your chances of qualifying for life insurance – you may just end up paying more per premium.

Late payments can be detrimental to your score. However, instances such as charge-offs, accounts in collection status, bankruptcy, and foreclosure can do even more damage. If you have any of these delinquencies on your credit report, it can have a large impact on the rate class you fall into.

Exactly how bad credit will be handled will depend upon the life insurance company that you are applying to. The insurer will want to know what kind of work you do because certain occupations are considered to be more hazardous than others. If in the course of investigating your employment they find that you are unemployed or have a history of spotty employment, they may pull and review your credit report to get a clearer picture of your finances.

Before you apply for life insurance, be sure to review your credit report. You can work on improving your score by paying bills on time, lowering your debt-to-income ratio, and not taking on any more debt.

Find the right life insurance policy to suit your needs, budget, and family by contacting the team at All Nevada Insurance today!

Spring Driving Hazards to Look Out For

Posted on by TheSph3r3
Spring Driving Tips for the Season

Be mindful of common springtime driving hazards.

Winter is over, the temperatures are rising, and by now you have already enjoyed the start of springtime driving. Now that spring is truly here, it’s time to think about the changes you will have to make to your driving habits, as well as being aware of the changes happening on the roads. Check out these hazards (and how to handle them!) for safe driving this spring.

Potholes

The adverse winter weather can wreak havoc on the roads, causing large and harmful potholes. Deep potholes can throw your car’s alignment off and can also become the reason you need a new wheel and tire. Carefully try to drive around the pothole, if it is safe to do so.

Children

Longer days and warmer weather brings children outside to play and allows them to walk to and from school in light, clear weather. Pay extra attention when driving on residential roads and streets near schools. Children may not always be looking where they are walking. Slow down and keep an eye out for youth.

Cyclists

Motorcyclists and cyclists are more likely to be on the road during spring. This is a time when all drivers should brush up on their vision techniques in order to stay focused and spot smaller road users. Respect everyone on the road and take care when driving near them to avoid any unnecessary happenings on the road.

Animals

Hibernation is now over. Spring is the time when animals come out and begin their search for food. Being aware of this can prevent unnecessary animal deaths and damage to your vehicle. Slow down and take care on roads where wildlife activity is high.

The professionals at All Nevada Insurance are well versed in securing reliable auto insurance that will see you through spring and beyond! Located in Las Vegas, Henderson, and neighboring cities, contact us today.

Steps to Help Simplify a Home Insurance Claim

Posted on by TheSph3r3
Steps to Help Simplify a Home Insurance Claim

Know what to do if you need to file a home insurance claim.

After an incident, such as a fire or theft, has occurred, it’s natural to panic. As a homeowner, you take great pride in your property, from your house to your belongings. When damage or loss does happen, it’s important to remember that your homeowners insurance policy is there to help. So that you know what to do to file a claim, here are some tips to consider.

Gather as much information as possible. You want to document the damage to your home and belongings from different angles. Be careful not to expose yourself to any harm during this process, though. If it is safe to do so, take pictures of the damage. These will then be sent to your claims adjuster.

Call your insurance agent right away. Always call your insurer to report the damage as soon as possible. Call your insurer before you get a contractor to start repairs.

Keep receipts. If you need to make some minor repairs to prevent further damage, do so. However, be sure to keep the receipts, as your insurer may be able to reimburse you for these expenses.

Have an updated home inventory on hand. Theft, fires, and natural disasters all impact your house as well as your belongings. When an accident happens, be ready to tell your insurer what items you lost and how much they were worth. A home inventory can help to provide those details to your carrier; otherwise, you may be relying on guesswork.

Want to work with a team that can aid you through the process? Talk to the professionals at All Nevada Insurance to secure the right homeowners insurance for your needs in Las Vegas, Nevada.

How Much Money Can I Make From Franchising?

Posted on by TheSph3r3
Money Can I Make From Franchising

Should you take your financial leap of faith in the franchising industry?

Most people who look into franchising a company will undoubtedly ask, “Will I make money?” As with anything in business, and in life, there is no one answer. It’s well worth developing a detailed plan before committing to a franchise system and taking a look at the factors that affect how and when you make money. Buying and running a business involves a lot of hard work, and ownership isn’t much fun if you aren’t making any money. While it’s true that franchising is a more structured and transparent way to becoming an entrepreneur, it still can be complicated and confusing to navigate the process on your own.

Do Your Due Diligence

Before buying a franchise, it’s important to learn what your experience will be like as a business owner. Those who skip this crucial step often fail as business owners as they end up with a franchise that isn’t a good fit for them. If you’ve never run a business before, your natural instinct might be to focus on the bottom line. Unfortunately, it doesn’t work to ask about the profit and income when you’re researching a potential franchise.

Look Beyond the Bottom Line

As a business owner, your take-home pay at day’s end isn’t normally a good indicator of the business’ full financial benefit. Look over a franchisee’s profit and loss statement (P&L) to assess if the business appears to make very little profit. Many businesses expenses may make the company’s bottom line appear lower than what it actually is.

Figuring out your earning potential as a franchise owner is much more complicated than simply asking a salaried employee how much they make. Take your time to assess your needs, wants, and find the right fit for you. It’s a venture that should be enjoyed by handled carefully.

Are you ready to find the right franchise opportunity? Visit All Nevada Insurance today for more information!

Why to Update Your Home Inventory This Spring

Posted on by TheSph3r3
Why to Update Your Home Inventory This Spring

Should you take the time to do a home inventory?

Whether you live in a condo, townhouse, apartment, or house, you have spent time and money getting the furnishings, artwork, appliances, and electronics just right. Any damage, theft, or loss of these items should be covered under your homeowners or renters insurance policy. But how will you know what you’ve lost? Will you remember the purchase price or appraised value? A home inventory can help to list your belongings and their value so you know what and how much you’ve lost.

Spring is a season of cleaning and getting the home ready for the warmer days ahead. While you’re wiping away the cobwebs from winter, why not add creating a home inventory to your list? Working on cleaning projects on the interior and exterior of your house makes for a great opportunity to make or update your home inventory list.

Here are some simple home inventory basics:

  • Where: Home inventory lists can be kept on computers, in notebooks, or on online databases. If you decide to store your inventory digitally, it’s a good idea to keep a hard copy of it in a fireproof safe, or a location away from the house.
  • Organize inventory based on rooms: Keep lists for the kitchen, bedrooms, media rooms, living room, game room, etc. until you’ve covered your house. Breaking up the inventory by room can make the task less daunting and can help you to manage the lists when you add or sell items.
  • Take photos: A great way to record your belongings is to photograph them. This helps to document their condition and serial numbers/ID numbers, so that they are clear and cannot be written down incorrectly.
  • Include appraisals and receipts: Especially for valuable items! Large-ticket items such as jewelry and antiques may require additional coverage on your homeowners insurance policy. Many companies will require an appraisal and photos to be included with policy information.

This spring, ensure that your belongings are up to date and correct on your home inventory and your insurance carrier will do the rest. Contact All Nevada Insurance to get started on the right homeowners insurance policy to suit your needs, budget, and belongings!

Tips for Being a Better Boss

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Tips for Being a Better Boss

Be a better manager for your team with these tips.

Managing an office or company well is no small feat, but it is something you can get better at. If you’re looking to become a better boss to engage employees and better the business, these tips can get you headed in the right direction.

Spend more quality time with employees.

A large part of management is delegation, which requires problem-solving and matching employees with the most appropriate task given their skills and expertise. Spending more time with your employees in and out of the office will help you to understand their skill set and aspirations. Whether you host an employee lunch at your favorite diner or start weekly meetings with your team in the conference room, knowing your team puts you in a better position to delegate.

Give feedback.

People have an inherent need to know when they’re doing well. If you aren’t giving feedback to your team, you could be losing employees because of lack of motivation and appreciation. Include feedback in meetings, annual reviews, and emails so that your team knows where to improve in the future.

Publicly praise them.

When you recognize an employee’s strength, it helps to solidify your working relationship with him/her. In addition, you train your employees to recognize where their strengths lie. This simple act will help them gain confidence and motivation.

While you tend to improving your skills as a boss, let the experts handle your business insurance policies. Contact All Nevada Insurance to get started on your tailored coverage

Determining Fault in an Auto Accident

Posted on by TheSph3r3
Determining Fault in an Auto Accident

How insurers will determine who is at fault for a car accident.

More than any other factor, your driving record determines rates for your car insurance. Good drivers with a clean history are likely to enjoy lower premiums, while drivers with one or more at-fault accidents must usually pay higher rates for coverage. However, even safe drivers can get involved in a car accident from time to time. With this in mind, it’s important to understand how fault is determined in such cases.

For every crash that happens on U.S. roads, someone is always at fault. Therefore, if you’re involved in a single-vehicle crash, you will automatically be deemed at fault and can expect that mark to stay on your record for many years.

Your insurer will likely determine fault based on the police report of the incident. While there can be exceptions, the general rules of thumb are as follows:

  • If you struck another vehicle from behind, you will be deemed at fault, regardless of what the driver did.
  • If you collide with a vehicle during a lane change, you’ll be at fault if the other vehicle was in your blind spot or if the vehicle was already in the lane.
  • If you ran a red light, stop sign, or other traffic control, you’ll be deemed at fault.

Ultimately, the drivers’ insurance companies will make the final decision regarding their driver’s claim. However, with supporting evidence, you can avoid having to pay out on your insurance when you’re not at fault. When considering your claim, check to see if any traffic laws have been broken – did a driver skip a red light or were they speeding when the road accident occurred? These observations are not always easy to prove and usually require witnesses. However, they can help to determine who was at fault in an accident.

If you’re involved in an accident, car insurance can help. Contact All Nevada Insurance to get started on the right policy to suit your needs, budget, and vehicle!

Surprising Things Your Homeowners Insurance Covers

Posted on by TheSph3r3
Surprising Things Your Homeowners Insurance Covers

What you didn’t know home insurance could cover.

Homeowners insurance is designed to protect your home and personal property. But even those homeowners who have quality insurance and have (luckily) never filed a claim didn’t know that home insurance can do more than just that. Check out these lesser-known situations that homeowners can cover.

Medical bills for guests injured on your property. One of the major perks of homeownership is being able to have plenty of people over. However, entertaining company can have its own pitfalls including guests tripping, falling, and injuring themselves. Home insurance can help with medical expenses if a guest gets hurt while on your property (even if it was entirely due to their clumsiness).

Your trees, plants, and grass. If someone drives through your front lawn and damages your yard, your home insurance can help you to replace your trees, flowers, plants, and grass. While every coverage has its limit, this additional aid can help you restore your garden to its full glory.

Your college student’s property. If your dependent child is at college full time and living on campus, it’s likely that they took expensive belongings with them, such as a computer, tablet, TV, and smartphone. Luckily, if someone steals your child’s laptop or a fire damages his or her dorm room, your home insurer will help to repair or replace their items. If your child is living off campus in an apartment, it’s a good idea to secure renter’s insurance since homeowners insurance won’t cover their belongings in that case.

For reliable homeowners insurance, visit the professionals at All Nevada Insurance. We serve Las Vegas, Henderson, and neighboring cities in Nevada!

How to Get Clients for a New Business

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How to Get Clients for a New Business

Reach new customers to grow your startup.

As the owner of a new business, you’ll need to find (and keep) customers to get your company off the ground. It’s important to remember that every business had to start somewhere, so don’t get disheartened by a low number of customers to begin with. As long as they are quality customers that you can keep, you’re off to a good start! By consistently making an effort to bring in new business, you’ll reduce your risk of failure and grow business in a sustainable way.

Know your customer. You need to have a good idea of your target market. Build a profile of potential customers to help plan your next move, as you’ll need to know how you can appeal to them.

Understand your business inside out. Thoroughly understanding your industry and having a firm knowledge of your service is critical to being able to attract interested clients. When you know your service backward and forward, that fact comes through to clients.

Stay close. Take time to identify the media mix that’s most likely to engage and generate sales from your audience. Face-to-face conversations will always be important, but you no longer need to get out and about with the use of digital marketing. Think about the timing of your messages and when is best to send your clients emails. Social media can also deliver results, whether it’s current customers sharing your business, or your posts reaching a large net of locals.

Be responsive. This should go without saying in today’s digital world. Customers expect instant responses. If you want to compete, you need to get back to inquiries in record time. Ensure that you don’t substitute quality with speed. Simply responding to your prospect or customer saying that you’ll get back to them ensures that they aren’t left wondering if you got their email.

Say thank you. Once you’ve won a customer’s vote, keep them on board. It’s easier and cheaper to get more business from existing customers than it is to win new ones. Incentivize customers to stay with you and reward them for referrals.

Are you looking to start a business with a quality franchise? Check out our exciting franchise opportunity! When you’ve got your business plan in mind, you’ll need reliable commercial insurance. Contact All Nevada Insurance to get started on your tailored coverage.

Check These Things as You Apartment Hunt

Posted on by TheSph3r3
Check These Things as You Apartment Hunt

Apartment hunting? Here’s what to consider when renting.

Whether it’s your first rental experience or your last, finding the perfect apartment that fits both your lifestyle and budget isn’t always easy. Thankfully, we’re here to help. Before you sign a lease on the first apartment you see, keep these considerations in mind.

The Price

First and foremost, can you reasonably afford to live here? Consider your budget before you begin apartment hunting to save yourself some heartache. You may need to find a roommate to help cover costs. Keep in mind that if an apartment’s rent is much lower than other rentals in the area, this is going to be a big red flag.

The Quality

Don’t trust those pretty pictures you see online. Before you rent an apartment, always view it first! Keep in mind that cosmetic issues, such as broken blinds, can be easily fixed. As you peruse the apartment, look for health and safety issues, such as insects, rodents, leaking faucets, water damage, dirty air filters, mold, and rust.

The Neighbors

When you have the opportunity, introduce yourself to your potential neighbors and ask them a few basic questions about what it’s like to live there. This can be especially helpful if you’re considering an apartment that’s in a building as opposed to renting a house. You may find you get honest answers from neighbors that conflict with what the landlord says.

The Neighborhood

Walk around the neighborhood to get a sense of the community. Better yet, drive through the area during rush hour if you will be commuting by car. This will help you get a better idea of what the traffic is like and how that will impact your daily life.

Your new apartment needs the right insurance to protect it from accidents and disasters. Contact All Nevada Insurance to get started on your reliable renter’s insurance policy today.