Why basic auto insurance isn’t always the right choice

Auto insurance is something that most states require you to have. If they don’t require insurance, they do require you to show financial responsibility. The mandate is for liability coverage. The amount varies from state to state. At Irvington Insurance in Indianapolis, IN it is our responsibility as independent insurance agents to make sure all of our customers have not only the mandated amount of auto insurance but the amount of auto insurance that is right for them.

You Need More Than The Basics

In Indiana, the basic amount of auto insurance that is required is 25/50/25. This is $25,000 for the first injury in an accident with $50,000 for total injuries and another $25,000 for property damage when you are responsible for an accident. 

If your vehicle is financed or leased, you will need to protect your vehicle as well as other drivers.  This means carrying two additional types of coverage, collision and comprehensive. 

Collision coverage protects your vehicle from collisions where you are responsible, whether with another vehicle or in a one-car collision with a stationary object. It also covers your vehicle if you are in an accident with an underinsured or uninsured driver or if you are the victim of a hit and run. 

Collision coverage protects your vehicle from a plethora of things you have no control over. You can’t control lightning from hitting a tree and sending a branch careening onto your vehicle. You can’t control floodwaters from damaging your vehicle. If your vehicle is stolen or vandalized, comprehensive coverage takes care of it. 

If you count on your vehicle to live your life, to go to work, run errands, etc, it is important to have your vehicle. Unless you have a lot of money, basic coverage just won’t cut it. 

Contact Irvington Insurance in Indianapolis, IN to discuss your auto insurance needs.

What are the benefits of life insurance when you are still alive?

Life insurance is something that we know is an important thing to have. It is also something that can be confusing for a lot of people. The team at Irvington Insurance is here to help clear some of that confusion for our clients in the greater Indianapolis, IN area.

Benefits of life insurance while you are living

When people think of life insurance benefits, they typically think of the death benefit provided to their loved ones after they pass. While this is the main benefit for most families, other features can help you and your family while you are still alive.

Even with a term life insurance policy with only a death benefit, you will have the peace of mind that comes with knowing that your family is protected, no matter what may happen to you as the main financial provider.

People who choose a whole life policy, or another such lifetime option, can benefit from any cash accumulation during their lifetimes. Such funds can often be used for major life expenses like a house down payments, college tuition, or paying for a child’s wedding. 

Life insurance can be a lot more versatile than many people think. Why not learn more about these benefits today?

Find out more about the many benefits of life insurance today

Irvington Insurance is here to answer all of your insurance questions, including those pertaining to life insurance. If you are a resident in the greater Indianapolis, IN area, call us today! We will be more than happy to set up an appointment to review your life insurance options and help you determine which policy is suitable for your needs.

4 Questions to Ask Your Home Insurance Agent

When you get home insurance, you would benefit from going to an independent agent. There are experts in home insurance at Irvington Insurance of the Indianapolis, IN area who you can talk to about your needs. Here are some of the top questions to ask your agent. 

Do I Have Adequate Personal Property Coverage? 

Talk to your agent to determine if you have enough personal property coverage in your policy. This is an instance when it would help to conduct a home inventory beforehand. They’ll be able to sort out the values and the amount of coverage you should have for all of it combined. 

Do I Qualify for Discounts? 

Many insurance companies have discounts in place. If you have this, it will lower your home insurance premium. You might need to have qualifying circumstances, such as smart home devices. 

Am I Eligible for Bundling My Insurance? 

You might decide that you’d like to bundle your insurance. The company you go through may allow you to bundle several types of policies, including your home insurance. Go over your options with your agent to see what would make the most sense. 

Is Flood Insurance Included in the Policy? 

There may be some coverage for natural disasters which could include flooding. If this isn’t the case, and you need an additional policy, it’s best that you know right from the start so that you can get the coverage that’s appropriate to the risk level where you live. 

Ask as many questions as you’d like about home insurance. Here at Irvington Insurance, we serve customers in the Indianapolis, IN area for home insurance needs and more. Reach out to us to learn more today.

Is Auto Insurance Required in Indiana?

Irvington Insurance serves Indianapolis, IN and its surrounding area and has many insurance offerings that can help keep you and your family safe. From home insurance to auto, life, and commercial insurance, we have something for everyone.

In this post, we’ll be sharing the importance of auto insurance and how you can properly protect yourself and your family while on the roads in Indiana. 

The state of Indiana requires all drivers to carry liability insurance. Additionally, you must have uninsured and underinsured motorist coverage. The required amount of liability coverage is $25,000 per person, with $50,000 total per accident and $25,000 for property damage.

While this is a good start, it is the bare minimum protection you can have. If you have young drivers or a large family, you’ll want to ensure everyone on your policy is fully covered and protected. 

Driving in Indiana is the primary way residents here get around; from commuting to work, driving to school, running errands, and the like – having a vehicle is essential if you live in the Indianapolis, IN area. 

Because so many people drive in this area of the country, the risk involved in driving increases significantly. With more drivers on the road comes a higher risk of collision or accident. You may be a cautious and safe driver, but you can’t control who is on the road when you are and what they’re doing in the car. 

A full coverage auto insurance policy gives you peace of mind every time you get in the car. Knowing that if you do get into an accident, whether it’s your fault or not, your insurance plan will protect you financially is a huge relief. 

If you need auto insurance, contact Irvington Insurance today. We’re here to help!

How much life insurance is enough?

Life insurance is all about taking care of the ones you love. You need to know that if you are not there to provide your income, your family will be able to survive and thrive. You can do this by having the right amount of life insurance. At Irvington Insurance in Indianapolis, IN,  we have been putting the needs of our customers first since 2007 and as independent insurance agents, we have more options to offer. 

Determining how much life insurance is enough is a complex formula. It is very personal and your figure won’t be the same as anyone else’s. It is customized for you, your family, and your needs. 

The first consideration is who is dependent on you? If the answer is no one, the response will be much different from someone who says,  my wife and five children or my elderly parents. What you need to consider is how much money you need to continue to support the people who depend on you. 

Coming up with the amount your dependents need per year and for how many years they will need it is the next thing you need to do. Your income plays a part in determining how much life insurance you need to support your loved ones. Financial experts suggest that if you have young children, you should have between seven and 10 years of income in life insurance. This is just a suggestion and it doesn’t take into account the fact that you may not be able to afford to have that amount of life insurance. 

Life insurance won’t be of any help if you allow the policy to lapse because of non-payment. You need to balance your life today with the life you want for your family in the future if you are not there. 

Contact Irvington Insurance in Indianapolis, IN with your questions about life insurance. 

How to Shop for Home Insurance in Indiana

Shopping for home insurance in Indianapolis, IN can be overwhelming if you don’t know what you should be looking for. The team at Irvington Insurance recommends working with an insurance professional who can assess your investments and help you make a guided decision on coverage and what policy will work best for you. 

If you aren’t well-informed on the coverage requirements your home needs, this is an easy way to fall into purchasing a plan that isn’t what you need. Working with an agent or company that specializes in home insurance is the best way to ensure your investments are properly protected every step of the way. 

While updating your home insurance may not be at the top of your priority list, these policies should be evaluated on a yearly basis to confirm that you’re covered in the ways you need to be. Properties change over time and your policy may need updating or modifying; the best way to stay up to date on your current plan is by contacting an expert who can make suggestions and improvements on your current coverage. 

Homeownership is one of the greatest accomplishments as an adult — it’s no easy feat to own a home and endures all the stress that ownership can bring. While we can’t predict what may happen, the best thing you can do is to protect these massive investments in your life with insurance. 

If you aren’t sure what your current plan is, are looking to update your coverage, or are a brand new homeowner, don’t hesitate to contact Irvington Insurance in Indianapolis, IN. We take pride in offering thorough, high-quality insurance plans that will keep your investments safe and covered.

4 reasons to buy a life insurance policy for your parents

Supporting aging parents can be a financial burden. Unfortunately, most of us will experience this at some point in our lives.

A life insurance policy can potentially help you recoup some money you’ll spend on caregiving and final arrangements. Although consent is required to become insured, you can work with a parent to find a policy that meets both of your needs.

If you’re still debating whether this is right for you, Irvington Insurance can help. Serving Indianapolis, IN, their experts offer four ways that buying a life insurance policy for a parent could help.

Pay medical expenses

The remaining years of any person’s life can be expensive. Medical issues are a major factor. A policy will help cover any bills that may have been left behind.

Cover final arrangements

Funeral expenses can also be costly. While the burden may fall on a child, a plan may help ensure a parent has enough funds for their desired end-of-life wishes.

Support a surviving parent

When a parent passes, it can be difficult for the surviving parent to continue to live alone. Relocating to an assisted facility may be a necessity. Or, the parent may want to downsize or move closer to their child. With any of these options, a life insurance policy can help make the transition easier.

Protect against financial loss

Other expenses may have accumulated. Perhaps you’ve missed time from work to provide long-term care. Maybe a parent had a loan or mortgage that was still outstanding. Regardless of the scenario, a well-crafted policy can help provide financial relief.

Contact an agent in Indianapolis, IN

If your parent qualifies and consents to life insurance, there are several different policy options available. Irvington Insurance can work to find a policy that gives you and your parents peace of mind.

Auto Insurance Add-ons to Consider

If you own a car in Indianapolis, IN, you must be familiar with popular car insurance coverages. You probably have heard about the comprehensive, collision, PIP, and liability coverages, but do you know you can purchase add-ons to boost your auto insurance? Yes, “add-ons” or “riders” from Irvington Insurance can strengthen your auto insurance.

Here are common auto insurance add-ons you can add to your policy.

Zero depreciation coverage

With each passing year, the value of your car depreciates. Unfortunately, when your car is stolen or totaled, your insurance company compensates you for the value of your car, less the depreciation factor. The results? You may have to fork out the difference from your pocket.

The good news is that you can protect yourself against depreciation loss by purchasing zero depreciation coverage. With this policy, you will get compensated using the market value of your vehicle.

Consumables add-on

When your vehicle is undergoing repairs, consumables like fluids, bolts, crews, nuts, filters, and so on aren’t covered by your typical auto insurance. However, you can purchase consumables endorsement to cover consumables that are excluded in your standard policy. 

Roadside assistance

Have you ever been stranded on the roads your car broke down? It can be frustrating as you try to call your friends, relatives, and your mechanic. However, when you purchase roadside assistance coverage, your insurer organizes towing, puncture repair, gas delivery, and other services whenever your vehicle stalls far from home. 

Engine protection cover

Collision and comprehensive coverages cover your engine following an accident by a covered peril. However, when water and oil leakage cause damage to your engine, standard auto insurance coverage doesn’t protect your engine. For this reason, you need an engine protection add-on to avoid out-of-pocket engine repairs or replacement.

Would you like to get more insights about auto insurance add-ons? Please get in touch with Irvington Insurance of Indianapolis, IN, for more information. 

Indiana Home Insurance: How to Protect Your Home From Hail Damage

In the summer and fall months in Indiana, hail can happen. In some cases, the hail is as small as a beach pebble, in others, it can reach the size of baseballs. This is a weather-related event that will cause damage. That damage will be covered by your home or renter’s insurance. But you don’t want to make an insurance claim unless you have to.

At Irvington Insurance, we feel the same. We want Indianapolis, IN residents to feel secure during and after a hailstorm. Protect your home as much as you can in advance.

Clean Your Eaves and Gutters

Your eaves troughs and gutters are often the first things to do before storm season. Not only will that ensure sufficient drainage during a heavy storm, but it will also prevent damage to the eaves.

If your eaves and gutters are full already, they may not be able to withstand a hail storm with hail the size of tennis balls. Expect the unexpected with hail, and clear those gutters and eaves out before it’s too late.

Get Shutters, and Use Them

Window shutters have a purpose in areas prone to storms. They are not just a home décor piece. Get shutters and use them. This will help to prevent window damage in the event of hail.

It might not just be your window that is damaged. If you are sitting under a window and a giant hail ball smashes through it, you could sustain serious injury and medical costs.

Get shutters and use them, and hailstorms won’t make you so nervous. A window safety film can help you here as well if you don’t want to get shutters.

Clean Up the Yard

Clean up the trees around your home and check that they are healthy. Remove any dead branches on your lawn regularly. Make sure that your lawn doesn’t have a lot of things around that could fly up or cause damage in the event of a hail storm. Plan a place for your car to get parked and covered in order to avoid hail damage there as well.

Get a Quote

When you live in Indianapolis, IN, you know that bad hail storms can happen. At Irvington Insurance, we have you protected from any damage caused by hail storms.

What to do After a Car Accident in Indianapolis

When you have been in a car accident in Indianapolis, it’s important that you take care of yourself and your passengers first. There is a claims process with your auto insurance that you will undergo. However, taking a few steps in the immediate aftermath of an auto accident will help you to navigate the claims process swiftly and easily.

At Irvington Insurance, we want to be sure that all drivers in Indianapolis IN are safe and protected when they are on the roads. Make sure you follow the right steps after a car accident in Indianapolis.

Check for Injuries

Personal injury is always the most important thing to look for after you have been in a car accident. Ask everyone if they are okay, and check for yourself if you can not get a response. 

If there are any injuries at all, you must call the police and ambulance services immediately. Do not move anyone that might be injured.

Move the Vehicle

It is the law to move your vehicle to safety as soon as you possibly can if you can. If you have already called the police, they will want you to move the car. If you are unable to move it, let them know when you call. That is so that they know what to expect and what kind of dispatch they need to send out so there are enough officers to help at the scene of the accident.

Exchange Information and Document

When you have a chance, begin to document the scene with photos and notes. Take as many pictures as you can of the accident, the vehicles, traffic conditions, and even weather conditions. Take pictures of passengers if they are injured.

Exchange insurance and personal information, including your driver’s license, with any other drivers.

After this, you will call your insurance company and begin the claims process. You will be instructed on what to do every step of the way from there.

Get a Quote

When you have been in a car accident in Indianapolis, IN, Irvington Insurance wants to be there for you. This is an overwhelming time, and we want to be sure that your every need is covered. Call us for a quote today.