3 Reasons to Give Life Insurance a Second Look

Modern life is hectic. Joggling between family, job, and personal responsibilities can be overwhelming, leading you to forget life insurance. However, despite how busy you are in life, never put your life insurance needs on the wayside. Whether you want to get a new life insurance policy or planning to add to the existing, Aussie Agencies of Knoxville, IA shares reasons you should give your policy a closer look.

Life insurance offers financial protection

If you have dependents, you don’t have to keep worrying about how they will survive without your income. Life insurance can become the bedrock of your loved ones. And life insurance isn’t about dependents only — it offers loads of other financial protection.

For instance, if you have debts, life insurance can clear them when you die. Besides, life insurance can finance your funeral expenses, relieving your loved ones of the financial burden of meeting your final wishes.

There is more to life insurance than you imagine

Most people think that life insurance offers financial protection only when they die. This notion is far from the truth. Life insurance offers “living benefits” like supplementing your retirement income and paying for long-term care expenses. When you invest in a whole life policy, it accumulates a cash value, which you can use for emergencies when alive and kicking. 

Life insurance may not be as expensive as you think

When most people are asked why they don’t have life insurance, they cite cost and competing for financial priorities. But is life insurance that expensive? In reality, life insurance is more affordable than you think, especially if you are young and healthy. Besides, numerous life insurance plans provide options to meet different budget needs.

Buy life insurance in Knoxville, IA

Would you like to protect your future with life insurance? Don’t hesitate to get in touch with Aussie Agencies for an affordable life insurance plan.

Benefits of Having Auto Insurance

Having a car is very convenient. It is a great investment for you and your family. However, just like any other investment, it needs special protection too, One of the most efficient ways to protect a vehicle is to purchase auto insurance. If you have never had auto insurance, Aussie Agencies serving Knoxville, IA prepared a list of its benefits:

What Are the Benefits of Auto Insurance?

Here is a list of advantages of having auto insurance:

  • If you are involved in an accident, you will have to pay less. One of the best things about an auto insurance policy is that it pays for repairs and damage by saving you a lot of money. 
  • It protects you in case of a lawsuit. If someone makes a claim against you in accidents, car insurance will help you. It will pay for all legal expenses and provide you with a legal defense if you need it. 
  • It is mandatory. In the state of Iowa, it is required to carry auto insurance if you own a vehicle. That means that driving a car without proper auto insurance is illegal and considered a crime. 
  • It protects your passengers. Most auto insurance policies include personal injury protection and medical payments coverage that may help you pay for medical bills if your passengers are injured in a car accident. 

 Aussie Agencies – We Help You Get a Policy You Deserve

If you are a car owner from Knoxville, IA or any other nearby town, and you are shopping for auto insurance to protect your car and yourself, Aussie Agencies is an insurance company that is here for you. We will help you find the perfect policy at the most competitive rate. Do not hesitate to visit our website or give us a call if you have any questions. 

Required Commercial Insurance in Iowa

In Iowa, there are certain commercial insurance policies that are mandated by law for many businesses. If your business needs one or more commercial policies, give us a call now at Aussie Agencies in Knoxville, IA.

Workers’ Compensation

For Iowa businesses, it is required that workers’ compensation insurance must be kept by any business that has at least one employee. This is mandated even if there is only one, part-time employee. When you have workers’ compensation insurance in place, it will pay for the medical bills and lost wages for an employee who gets sick or becomes injured while at work. This protects your business by supplying funds for those bills so that your business won’t have to come up with the money. 

Commercial Auto Insurance

With Iowa state law, every vehicle in the state that is owned by a business must have commercial auto insurance for it. This insurance must have a specific minimum liability amount for each person who suffers bodily in an accident and another amount for everyone who became injured in an accident. It also requires an amount of liability coverage for property damage. If you use a vehicle for work tasks, but it isn’t actually owned by the business, a personal auto policy may not payout after an accident. It’s recommended in these cases that you get a policy type called hired and non-owned. 

Other Insurance Policies

While those are the required policies, there are many other types of commercial insurance that are helpful for businesses of every size. Getting a business owners’ policy can help by giving you several types of coverage. Cyber insurance can be helpful for businesses that rely on their computer networks. 

Cover Your Business

If your business meets the requirements for commercial insurance in Iowa, it’s important to get those policies in place. Call us at Aussie Agencies in Knoxville, IA.

Iowa Home Insurance: Are Your Outer Buildings and Sheds Covered?

Home insurance is intended to protect your most valuable possessions and dreams. That includes all the dreams contained on your property. When you are looking for home insurance in Knoxville, IA, it is natural to wonder if your outer buildings and sheds are covered as well.

Yes, they are, if you get the right coverage. At Aussie Agencies, we know that Iowa residents worry about every valuable they own. We can help you to design a home insurance policy that will protect everything you own.

Home Insurance for Outer Buildings

Outer buildings on your property can include any building or shelter that is an additional building. A detached structure can include sheds, a detached garage, gazebos, or even a little pool house if you have a pool on your property.

You may have additional concerns beyond your standard home insurance coverage when you have outer buildings. You may work from home and need your garage or outer buildings protected for more detailed reasons. You may benefit from some commercial insurance in addition to your home insurance.

It is never safe to assume that just because you have home insurance that your outer buildings and all of their contents are always covered. Review these details with your insurance broker or agent before you purchase your policy.

Protect Your Valuables

Your outer buildings and sheds may not be valued as high as the home you live in, but some of their contents might. Many people store their most valuable tools, vehicles, and property in these outer buildings.

Before you purchase a home insurance policy to cover your outer buildings, develop a home inventory to itemize all the contents and property in your sheds and detached structures.

Get a Quote

When you are shopping for home insurance in Knoxville, IA, Aussie Agencies knows how important all of your outer buildings and contents are to you. This is your dream, and want to help you to protect it. Call us today for a quote for home insurance that includes your outer buildings.

4 Benefits of Home Insurance

Many homeowners assume that subscribing to home insurance is a choice, but in the real sense, it should be an absolute necessity. This type of insurance coverage gives you peace of mind and saves you a significant amount in the long haul. Aussie Agencies in Knoxville, IA, advise you to purchase homeowners insurance as it helps to prepare you for any unexpected perils. 

Here are the benefits you accrue when you invest in home insurance:

Additional living expense coverage

In unfortunate events where a covered peril strikes your home, you may be rendered homeless, albeit temporarily. In such instances, homeowner’s insurance comes in to ensure you have another temporary residence to stay in as you repair your damaged home. 

Liability protection

No matter where you live, you like inviting guests to your home. Whether it’s your close friends, relatives, workmates, and so forth, you have the mandate to ensure they are 100% safe at your property. 

Unfortunately, unforeseen events can cause injuries to someone – for example, your dog can bite your friends. How would you meet medical bills, considering they could be huge? Only home insurance can help.

Dwelling protection

When a covered peril damages your home, your home insurance pays for the costs of rebuilding or repairing. Otherwise, such costs can be expensive when financing from your pocket. 

Content protection

You have appliances, furniture, electronics, and other valuable personal properties in your home. In unfortunate events like fire damage, losing them would cost you huge financial losses. Thanks to homeowner’s insurance, you don’t have to buy your stuff from scratch when calamities occur.

Buy home insurance today!

Your home is an expensive venture that you should protect with home insurance as long as you want to live a stress-free life. If you haven’t done so yet, please contact Aussie Agencies in Knoxville, IA for affordable coverage.  

Protect Your Classic Car with Aussie Agency

Americans have had a love affair with the automobile since before they built the interstate highway system in the 1950s, and Iowan drivers are no different.  Needless to say, protecting your classic car in the Hawkeye State means knowing your responsibilities, vis-a-vie the law, and sitting down with a qualified insurance agent from our friendly team here at Aussie Agencies.

Insuring Your Classic Vehicle with Aussie Agencies

Under Iowa law, the state offers antique car registration for vehicles over 25 years old who are eligible for this registration status.  Several factors should be considered when purchasing classic car insurance.  Typically speaking, classic car insurance differs from standard insurance in the following ways:

  • Low rates—are charged for classic car coverage because unlike your daily driver, classic cars are only driven part-time resulting in lower premiums,
  • Limited miles—are allowed to showcase your classic vehicle, and most policies allow for coverage when driving for educational, display, or exhibition purposes.
  • Agreed value—differs from “actual cash value” in that any payout for a total loss would be based on a pre-agreed amount representing the total value of the vehicle.

Clearly, insuring your classic car allows for a number of options, and speaking with an Aussie Agencies representative to get the information you need is your first step to success.

Contact Our Team at Aussie Agencies

If you have questions regarding insurance requirements for your Iowa registered classic vehicle, our team here at Aussie Agency is serving the greater Knoxville, IA area, and we are ready to answer any questions you might have regarding what it takes to legally go get the road.  When it is time to make sure that your classic car has the insurance you need, we invite you to reach out to our team here at Aussie Agencies to discuss your classic car coverage in Iowa. 

Should I Get Renter’s Insurance?

For many families moving to Knoxville, IA, there is always the issue of whether renters insurance is necessary. As Aussie Agencies has learned, every renter is looking to cutting costs, and avoiding renters insurance is one method of dealing with increased expenses. However, as trends show, renters insurance is an important coverage as it may help in the following ways. 

Landlords Might Demand Renters Insurance

A huge number of landlords in Iowa are currently demanding renters insurance. They are taking this route as a caution for unnecessary expenses that may engulf their properties. Therefore, families must be prepared to deal with such landlords, and the only way of getting a room in their apartments is by having renters insurance. 

Protect Properties When on a Journey

Sometimes you will have to travel within the country or even to another country and take several months before returning. You don’t want to leave many of your valuable items without the necessary security. Renters insurance will cover any problem that may arise when you are away, and it is one of the best policies that you can have for security purposes. 

Cover Possible Injuries in Your House

Injuries are bound to happen either through the act of negligence or through other means. If this happens to one of your friends visiting your rented property, renters insurance can be one of the essential ways of handling all the associated medical expenses and anything likely to arise, such as living expenses, among others.

Aussie Agencies has seen many families in Knoxville, IA suffer after experiencing a fire or theft incidence. These families did not have renters insurance, which means they had to cover their expenses through out-of-pocket expenses. However, with renters insurance, everything will be covered by the insurance company. Contact us today for more information about renters insurance.

Is Year Round RV Insurance Necessary

Based in Knoxville, IA, Aussie Agencies provides insurance coverage to the local community. We proudly serve as an independent insurance agency. We want to make sure that our clients are protected regardless of what situation may arise, and we offer multiple types of insurance policies.

Is Year-Round RV Insurance Necessary

Many Iowa residents enjoy traveling around the state in their RV. However, it’s important to have protection. If you enjoy traveling around Iowa and the surrounding states in your RV, consider RV insurance benefits. RV insurance covers you if you are involved in a collision, and your vehicle suffers damages. You can add comprehensive coverage so that you are protected if your RV is stolen or vandalized. Liability coverage protects you if your RV causes damage to someone else’s property or if someone is injured while riding in your RV. As you research coverage, you’ll have to assess whether year-round coverage is the right fit.

Think about the harsh Iowa winters. During this time, you may not plan to use your RV and instead store it until the weather gets warmer. You can add storage coverage to your policy. This is especially beneficial if you keep your RV at a storage facility when you aren’t using it. There is a possibility that your RV may still suffer damages. Your RV may collide with another vehicle, or the facility may suffer damages, which indirectly impacts your RV.

Storage coverage protects your RV if the facility suffers fire or water damage. You also have to consider what happens if the weather starts to change earlier than expected. If you opt-out of coverage, you won’t be covered if you use your RV and something unexpected happens.

Aussie Agencies Will Help You Protect Your Assets

Visit our website to learn more information about RV insurance or contact our office in Knoxville, IA.  

Is an Iowa motorcycle insurance plan a necessity?

Anyone who lives in the Knoxville, IA area will want to own a vehicle to help them get around town and the rest of the state. One type of vehicle that can be fun to drive is a motorcycle. If you are going to get a motorcycle when you are here, you need to get insurance. There are a few reasons why this coverage is a necessity for any motorcycle owner. 

Insurance is Required to Drive Legally

You will need to get a motorcycle insurance plan if you want to use your motorcycle on a public road in Iowa. All motorists in Iowa, including those that want to operate a motorcycle, will need to maintain a proper motorcycle insurance plan at all times. This has to include carrying the minimum level of liability insurance to comply with the minimum state standards.

Insurance Protects Asset

You will also want to get a motorcycle insurance plan as it will be required if you want to protect your valuable asset. If you decide to purchase a motorcycle, it will be a big investment and purchase. The best way that you can protect this investment is with a full collision and comprehensive plan. This coverage will ensure you have coverage if your motorcycle is stolen, vandalized, or damaged in an accident. 

If you own a motorcycle and are in the Knoxville, IA area, you need to get proper insurance coverage. As you are looking for motorcycle insurance coverage, it would be a good idea to call Aussie Agencies. The team with Aussie Agencies understands the importance of having this type of protection. They will take a personalized approach to fully understand your insurance needs and ensure that you remain properly covered with a quality plan. 

Is Boat Insurance Needed in Iowa

Although the boat is not legally mandated in Iowa, the peace of mind offered by having the coverage is well worth the expense. With interest in boating and other water recreational activities increasing at record rates, it has never been more important to ensure that you have adequate protection for yourself, your property, your passengers, and third parties. Boat insurance may not be required in Iowa, but you must complete a Boater’s Education Certificate if you plan to be operating any watercraft.

Obtaining your boating license is easy with three options available:

  • online course
  • classroom
  • home study

Once you have successfully passed the course, you can operate a boat without restriction; however, if you plan to allow anyone else to drive, they must also complete the educational course. Additionally, any person between the ages of 12 to 18 who wants to operate a boat over 10 horsepower must have an Iowa Watercraft Safety Certificate.

Boat insurance not only protects your boats from an accident you cause, but it also includes under and uninsured coverage, which means that if you are hit by another vessel without insurance, you won’t be on the hook for the totality of the damages. Given that Iowa does not require boats to have insurance, many vessels will be uninsured, making it even more important that you have the appropriate coverage. 

When it comes to shopping for boat insurance, let the team at Aussie Agencies in Knoxville, IA assist. Our friendly and professional staff of insurance experts will help you sort through your options and pick the perfect boat insurance for your needs, so give us a call today to schedule a no-obligation consultation.