How Umbrella Insurance Protects Your Liability

When you have certain types of insurance, those policies come with several types of coverage in them. Home and auto policies have several types of coverage, one of which is liability protection. When you have both of these policies, you can actually get more coverage for them both by getting an umbrella insurance policy. When you need umbrella insurance in Astoria, OR, call us at Linda Dugan Insurance to learn more. 

More Liability Coverage

Your liability coverage protects you against things like medical bills that may be owed after an accident happens. When you’re in a vehicle accident, your auto insurance covers you against the other party’s injuries and damages with its liability coverage. When someone has an ancient in your home, your home insurance will do the same. However, these policies often don’t have enough coverage for an expensive accident. When this happens, there will be bill overages left to pay that you’ll have to come up with on your own. To cover those, you need an umbrella policy. It pays these bills, so you’re saved from what could be a financial emergency. 

How Umbrella Insurance Works

The home or auto policy will step in after the accident and will pay as much as it can based on the policy’s maximum payout. After that, the umbrella policy can pay whatever is left over. These policies have very high maximums to handle highly expensive accidents. This type of insurance is also relatively inexpensive. Many people find it to be a good value for getting so much coverage. It also gives you better peace of mind for those who worry about accidents and have enough insurance. 

Get Umbrella Insurance

It’s essential to have enough liability coverage for serious accidents. To get started with your umbrella policy and get this coverage, call us at Linda Dugan Insurance in Astoria, OR.

How Long Should Your Life Insurance Term Be?

Life in Astoria, OR, has its moments. That’s for sure. As great as things can be at times, it can be hard to settle down and consider bad times, too, but it’s important. No one really likes to talk about life insurance, but it’s important to understand your options. That’s why we at Linda Dugan Insurance have compiled this quick, straightforward explanation of term life insurance.

Basic Term Options

Life insurance policies come in a lot of shapes and sizes. Term life insurance is only one of several options available. If you want to explore non-term policies, you can find breakdowns in other blog posts.

Sticking to term life insurance, the most common policies are for either 20 or 30-year terms. The reasoning is that you can lock in a single monthly price for a good chunk of time, and your coverage won’t vary.

But, you can get terms that start at annual and go to 5 or 10 years. Occasionally, you can find other term lengths, but it’s uncommon.

What’s the Right Length?

With all that in mind, there’s no single, static, right answer for everyone. It depends on your circumstances. You can think about a few things to help make your decisions.

First, what are your long-term financial obligations? Mortgage is usually the biggest, and it’s smart to have a life insurance policy that lasts until your mortgage is scheduled to be paid off.

Next, you want to think about kids and dependents. Generally, terms will last until the kids are old enough for self-sufficiency. (Which often means out of college but usually means at least 18.)

Lastly, think about retirement. Many people get term life insurance to replace income if the policy is needed. Often, by retirement, you don’t need the same coverage. You can try to get a term that lasts until you retire and then move into something more suited for that lifestyle once you get there.

You have some options. If you’d like to discuss them, contact your representative with Linda Dugan Insurance. We aim to help anyone in the Astoria, OR, area.

Signs That You Need To Update Your Home Insurance Policy

A standard home insurance policy covers repairs and replacement of goods if a residence is damaged during an unforeseen event. Review the variables to determine if you need to update your insurance policy.

Renovations

Your existing coverage relates to the size of your home, its structural details, and the amount of personal belongings stored inside. A renovation project changes the makeup of your home.

The increased value of your home would necessitate a modification in coverage. Keeping careful records of the home improvements will make it possible for a Linda Dugan Insurance agent to provide accurate advice about the coverage modifications you need.

Big Ticket Items

Purchasing an expensive item that will be used inside your residence may necessitate changes to your existing policy. New appliances, artwork, jewelry, and any other item of value you purchase should be reported to the insurance agent who serves you in Astoria, OR.

The agent will determine the value of the item. Then, they will adjust your coverage to ensure the new investment is included in your policy.

Security Systems

Security systems protect a home’s structural materials, as well as its contents, from theft and damage.

Inform your insurance agent if you purchase and professionally install any security equipment. They will adjust your coverage accordingly.

Final Words

Contact an agent at Linda Dugan Insurance to schedule an appointment to assess your existing home insurance policy. An agent who serves Astoria, OR will guarantee you are provided the coverage you need.

What Types of Items Can Be Covered by Toy Insurance?

Insurance isn’t just for your home and car when protecting your prized possessions. Toy insurance offers coverage for various recreational items, ensuring your investments are safe from unexpected mishaps. Here at Linda Dugan Insurance, serving the greater Astoria, OR area, we offer this type of insurance. Here are some of the different items covered by toy insurance.

Off Road Vehicles

Off-road enthusiasts can find security with toy insurance. Whether you own an ATV, dirt bike, or dune buggy, this coverage can protect against accidents, theft, and damage during adventurous rides off the beaten path.

Recreational Vehicles

Toy insurance extends to recreational vehicles like motorhomes, travel trailers, and camper vans. It safeguards not only the vehicle itself but also your personal belongings inside. Coverage includes accidents, theft, and liability, making your road trips worry-free.

Snowmobiles

For those who relish winter sports, snowmobile insurance is a must. Whether you use your snowmobile for fun or transportation in snowy landscapes, this coverage can protect against accidents, damage, and even theft during the off-season.

Toy insurance covers various recreational items and is a valuable addition to your insurance portfolio. From off-road vehicles that tackle rugged terrains to recreational vehicles that provide mobile comfort and even snowmobiles built for winter adventures, these policies offer peace of mind in the face of unforeseen circumstances. If you’re in the market for a new toy insurance policy in the greater Astoria, OR area, Linda Dugan Insurance can help you. Call or email us today to discuss your toy insurance needs and how we can best meet those needs.

Does Boat Insurance Cover Medical Payments for Medical Care After a Boat Accident?

Boating is a popular recreational activity, but accidents can happen on the water. If you’re wondering whether boat insurance covers medical payments for healthcare after a boat accident, Linda Dugan Insurance, serving the greater Astoria, OR area, is here to answer your question. 

Does Boat Insurance Cover Medical Payments?

Yes, boat insurance typically covers medical payments (med-pay) for injuries resulting from a boat accident. Med-pay is a standard component of many boat insurance policies. It helps pay for necessary medical expenses, such as doctor visits, hospital stays, surgeries, and even funeral costs in the unfortunate event of a fatality.

Who Is Covered by Med-Pay?

Med-pay coverage extends to various parties involved in the boat accident, including the policyholder, family members on board, passengers, and even individuals who aren’t on the policy but were injured in the accident. This coverage is designed to provide immediate financial assistance for medical bills, regardless of who was at fault.

Coverage Limits and Options

The amount of med-pay coverage can vary based on your policy and insurer. It’s essential to review your policy to understand your coverage limits. Some boat insurance policies also offer options to increase med-pay coverage if you feel the standard coverage is insufficient.

Boat insurance often includes medical payment coverage to protect you and others involved in a boating accident. Understanding your policy’s coverage limits and options is essential for ensuring that you have adequate protection in case of injuries. With the right boat insurance, you can enjoy your time on the water with peace of mind. If you want to purchase a new boat insurance policy in the greater Astoria, OR region, contact Linda Dugan Insurance to start the process.

How much flood insurance do I need?

Astoria is at high risk for riverine or tidal flooding, so community members should recognize the value of flood insurance. But how much flood insurance do you need? This article helps answer that question, but everyone’s needs are unique, so contact the team at Linda Dugan Insurance, serving Astoria, OR, for advice on the best flood insurance for your needs.

Flood Insurance Policy Needs in Oregon

Homeowner’s and renter’s policies do not cover damage from flooding waters entering from outside your home, so you need flood insurance to cover those potential damages. If you have a mortgage on your home or condo, your lender may require you to carry a minimum amount of flood insurance, but the minimum amount may not meet your needs. Instead, homeowners should have enough flood insurance to rebuild their homes and replace their possessions if the worst happens. Since policies often limit reimbursement by category, policy riders to cover artwork, collections, or other out-of-the-ordinary items may be necessary.

By spreading the risk across the country, the National Flood Insurance Program (NFIP) helps keep flood insurance policies affordable, but it limits coverage to $250,000 for the home and $100,000 for possessions. NFIP also does not cover additional expenses incurred if the damage displaces you from your home, but private insurance can make up those differences.

Remember, none of us can control whether a flood might affect our homes, but we can protect our families against the financial impact of a flood.

Work with Linda Dugan Insurance to Obtain Flood Insurance

The team at Linda Dugan Insurance proudly serves Astoria, OR, and will be happy to help determine your flood insurance needs. Call us or stop by today to discuss your options, and we will help you find the best policy for your family.

Three Myths About RV Insurance You Need to Know About in Oregon

RV ownership is a dream come true for many adventure enthusiasts. However, navigating the world of RV insurance can be confusing due to some prevalent myths. Here are three misconceptions you should be aware of from Linda Dugan Insurance, providing RV insurance to the greater Astoria, OR region.

Myth 1: Auto Insurance Covers My RV

Fact: While your auto insurance may provide limited coverage for your RV, it’s typically insufficient for comprehensive protection. RV insurance specifically addresses the unique risks associated with recreational vehicles, including liability coverage, collision, and comprehensive protection.

Myth 2: RV Insurance Is Only Necessary for Full-Time RVers

Fact: Insurance is crucial if you’re a full-time RVer or use your RV occasionally for weekend getaways. Accidents and mishaps can happen anytime, and having the right coverage ensures you’re financially protected, regardless of your RV usage frequency.

Myth 3: RV Insurance Is Expensive

Fact: The cost of RV insurance can vary based on factors like the type of RV, usage, and coverage options. However, it’s essential to consider the value of protection. In the event of an accident, theft, or damage, the cost of not having adequate insurance can far exceed the premium you pay for coverage.

Get the Right RV Insurance from Linda Dugan Insurance

Understanding the realities of RV insurance is essential to make informed decisions about protecting your investment. Don’t fall for common myths – ensure your RV is appropriately insured to enjoy your adventures with peace of mind, knowing you have the right coverage in place. If you’re looking to purchase a new RV insurance policy or have questions about an existing one, reach out to the professionals at Linda Dugan Insurance, serving the greater Astoria, OR region, today. 

PPO or HMO: The Difference It Means in Health Insurance

Each year, US residents must choose their health insurance. Knowing the difference between PPO and HMO can help consumers decide which type of coverage works best for them. Here at Linda Dugan Insurance, we want our clients in Astoria, OR to understand the choice between an HMO and a PPO.

HMO Insurance

The abbreviation HMO refers to a Health Maintenance Organization. This type of health insurance limits the purchaser to its specific physicians and medical centers. Typically, an individual would need to obtain a referral from their in-plan primary care physician to see a specialist. They would have added steps to complete to see a physician outside of the HMO plan choices. In an emergency, the individual can obtain treatment at any facility, but they will pay for using an out-of-network option.

Because you give up choices and agree to use in-plan medical providers, the HMO plans cost less in premiums. You may get to choose your deductible.

PPO Insurance

The abbreviation PPO refers to a Preferred Provider Organization, an insurance option that lets the individual choose their physician regardless of the network. PPOs have medical provider networks, and visits to the in-plan options may cost less. Unlike HMOs, a PPO does not require referrals. The patient can visit any specialist they choose.

PPOs charge a bit more in premiums for the privilege of these choices. They sometimes offer specialty coverage, such as wellness plans.

Making Your Choice

When choosing between an HMO and PPO, consider your medical needs. If you have a pre-existing condition that requires a specialist, consider a PPO. Without any existing issues, check with your doctor to determine which insurance options the office accepts. Choose an HMO that it accepts to work around the choice issue.

Contact Us Today

Contact Linda Dugan Insurance serving Astoria, OR, and the surrounding area with health insurance. Let us help you purchase the coverage you need.

Beyond Sunshine and Rainbows: The Benefits of Having Umbrella Insurance in Oregon

Life in Oregon can be unpredictable and unexpected events can cast a shadow over your financial well-being. Umbrella Insurance can shield you and your loved ones from the rain when dire circumstances strike! 

Linda Dugan Insurance can show you how umbrella insurance can shield you from unexpected storms and the benefits of having umbrella insurance in Astoria, OR. 

How Umbrella Insurance Protects Your Financial Well-Being

Umbrella insurance is an add-on insurance that extends the coverage limits in your existing home or auto insurance policy when you have a covered incident or claim. 

This backup insurance acts like a financial security blanket when the limits of your auto or home insurance policy run out. Knowledgeable insurance agents at Linda Dugan Insurance in Astoria can talk to you about the best umbrella insurance coverage.

Benefits of Umbrella Insurance

Umbrella insurance gives policyholders peace of mind when they know their most valued possessions are protected. 

Below are a few more benefits of Umbrella Insurance in Oregon.

  • Extended Liability Protection – umbrella insurance can extend liability protection on existing auto and homeowners insurance policies. 
  • Comprehensive Insurance Coverage Options – get comprehensive coverage options for your home, auto, or watercraft with an umbrella insurance policy. 
  • Lawsuit Defense – get financial protection from legal claims. 

Licensed insurance agents can help you tailor an umbrella insurance policy to cover insurance-related claims like personal injury or property damage claims that can lead to spending thousands of dollars out of pocket for people without extended coverage.

Get Umbrella Insurance in Astoria, OR!

Don’t wait until you reach the limits of your auto insurance or homeowners policy! Contact an umbrella insurance agent at Linda Dugan Insurance and start an umbrella insurance policy to protect your most prized possessions today!

What type of life insurance is right for me in Oregon?

Having proper insurance is very important for people in the Astoria, OR area. A type of insurance coverage that all people need to consider getting is life insurance. This is an important form of coverage as it can help you provide financial protection for your dependents. There are various types of life insurance to consider getting, and it is essential to assess the benefits of each to determine which is suitable for your situation. 

Term Life Coverage

A term life plan is an ideal life insurance option for many people. When you have this type of coverage, you will have insurance through the term of the policy, which can be 25 years or longer. Premium payments on this type of coverage tend to be more affordable, allowing you to take out more coverage that can support many costs that your dependents could incur. 

Whole Life Coverage

Getting a whole life insurance plan in some situations is also a good idea. While it can be more expensive, whole life provides an additional financial advantage as the policy can grow a cash-value equivalent. Eventually, this will grow into a large sum you can choose to liquidate, post as collateral, or continue to grow. You can also receive the same life insurance benefits. 

If you are in the Astoria, OR area, you will want to ensure you continue to have the right insurance. When shopping for life insurance here, calling our team at Linda Dugan Insurance can be a good idea. Our professionals at Linda Dugan Insurance know the value of life insurance and understand the different types of coverage available. When you contact us, you can receive the support you need to build your next plan.