Ethan Keslar Interns at Keslar Insurance

ethan 2Newmarket, NH, December 27, 2018- Keslar Insurance Agency, a leading provider of insurance solutions in NH and ME, announced that Ethan Keslar will be interning for the month of January. Ethan currently attends the University of New Hampshire ‘s Paul College, where he is studying business administration with a focus in entrepreneurship and management. Prior to working at Keslar Insurance, Ethan worked for Goodhue and Hawkins a premier marina in Wolfeboro, New Hampshire where he worked closely with customers.

“We are excited to have Ethan in the office learning about the business. It is a nice opportunity for our family focused business. We are confident he will bring great energy and fresh ideas while he is here,” said David Keslar.

About Keslar Insurance Agency

Keslar Insurance Agency is a full service provider of residential and commercial insurance products in New Hampshire and Maine. Keslar Insurance makes sure clients have the right insurance products to protect the most important things in life-family, possessions and business. Keslar Insurance employees focus on providing the kind of service and value we’d expect for ourselves and our families. Our products which include Homeowners insurance, Auto, Life, Umbrella, Renters, Landlord, Boat, Snowmobile, ATV, Flood, Commercial Auto, Business Owner’s Policies, General Liability, Worker’s compensation, motor home, camper and more. For more information visit: www.keslarinsurance.com.

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How often should you shop for home and auto insurance? Maybe more or less than you think.

questionWe hear this all the time: “I’ve been with my current insurance company for years. I’m just too busy to shop it. But all insurance is the same.”  This makes me cringe. There are four very good reasons to review your insurance options at least every 3-5 years if not more frequently.

  1. Your life changes. As time passes, many things change- you get older, your home gets older, you may do updates to your home, your family gets older so you may now have new teen drivers, or drivers who have left the household. You may have claims during this time that impact your rates. You may purchase different cars, obtain toys like boats, motorcycles, snowmobiles, ATV’s and more. All of these things can impact your needs and your rates.  That said, it may impact them more with one insurance company than another.
  2. Insurance rates change. Every couple of years insurance companies submit new rates to the states for approval. When they do this, they have considered certain factors about the types of clients that they have an appetite for. This can change over time. This means, you may be getting offered the best rates by some companies at one time and not the best rates from the same company at another time. This isn’t a reflection on you, just a reflection on what the company wants to focus their growth on. Same happens in reverse, they may decide that they’d like more customers just like you- so they will offer better rates the next go around to you and those who are like you.
  3. Insurance products change. Insurance companies are always looking for ways to be more competitive and grow their business. This means they are always adding new features and products to attract customers. Many of these can be pretty interesting and may be perfect for your needs. This means what were options for minimizing risks a few years ago may not have been as robust as they are now!
  4. Not all insurance companies are the same. Home and auto insurance from different companies can be very different. Yes, in general they cover many of the same things- your property, your liability etc. But that’s where the similarities can stop. Some will offer broader coverages- like replacement cost, others may not, some may include towing or more, others may not. It is a tough thing to navigate unless you have a lot of hours- or an agent who can help you. But I promise, they aren’t all exactly the same. Some may be a better fit for you than others.

Benefits to you to review your coverages regularly:

  1. Saving Money on premium. Recently, we’ve been able to save three families between $1,500-2000/year on their home and auto insurance premiums. This doesn’t always happen, but it can!
  2. Making sure your coverages match what you really need. You want to make sure you are only paying for things you are likely to use and are covered for things that are likely risks.
  3. You can take advantage of new features or insurance products. Related to #2, the new features for some products can be very appealing and appropriate for your unique needs.

But don’t shop too much. Some carriers do reward for loyalty. If you prove that you do stay with a company for a few years, new carriers may be more likely to offer you better rates as they know you will come and stay with them for some period of time too. The reverse can be true too, if you jump companies every single year, they may not offer you the best rates, as they know you aren’t likely to stay with them for long. So, you may want to think twice for before jumping company to company to company every single year for a few dollars savings. It is likely to catch up with you.

How do you know what to do? Consider working with an independent agent. Independent agents typically offer many products from leading carriers giving you “one stop shopping”. These agents are licensed, experienced and educated in the products from a number of companies. They can review your coverage needs for any changes or new products that are now available. They can share with you several different options with carriers, they can work with you to see which carriers can save you money or they can recommend that you stay where you are for another year and review again next year. They typically do all this for you, at no additional charge. Good agents will review this with you yearly so you’ll know you are in the best place for you for the next year. They can also help you with the entire transition over process if you do change insurance carriers, again making your life easier.

We are happy to answer any questions that you may have on reviewing your insurance. We are an independent agency covering NH and ME with a wide range of products from leading National and Regional carriers. We can be reached at http://www.keslarinsurance.com or 603-273-0953.

 

 

 

We thank you for referrals: Pick your favorite

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We consider a referral to be the ultimate compliment. That means you trust us to take care of your friends, family, neighbors, coworkers, anyone close to you- and always provide them the right insurance coverages and exceptional customer service.

For every home or auto quote we do because of you, we’d like to send you a personalized thank you.

Pick your own “thank you” from the options below:-)

Gotta love my coffee:

  • Dunkin Donuts Gift Card
  • Aroma Joe’s Gift card

Keep me going:

  • Irving Gas card

I’m a shopper:

  • I’d like a little “treat” from Amazon.com

Pay it forward. Give me the gift of Good Karma. Make a donation to the following local charity, part of the Keslar Cares initiative to help others:

Referral values are $5 for each home quote and $5 for each auto quote ($10 combined!).  To take advantage of this program, you can simply fill out the form below. Or you may call us, email us or have the person you referred call us or email us and let us know that you have done the referring and we will take care of the rest! We can be reached at 603-273-0953 or info@keslarinsurance.com.

Thank you again for taking the time to think of us. It is sincerely appreciated!  We promise to take great care of anyone that you send our way!

Do You Need Gap Insurance For Your New Car?

If you have just purchased a new car you have probably already obtained car insurance, but is your current coverage enough?  New cars are a considerable financial investment, and in most cases your car insurance will not cover the full replacement cost of your vehicle should you be involved in an auto accident.  Gap Insurance can make the difference in ensuring that your car is protected and will be replaced if involved in an accident, but is it right for you?  Here are some facts about Gap Insurance and whether it is an option that you should be considering.

What Is Gap Insurance?

Gap Insurance is auto insurance that covers the costs that are not covered by your regular auto insurance policy; namely, it covers the difference between the market value of your car and the outstanding loan amount on your new vehicle.  The moment you drive your car off the lot it loses value, and if you are concerned that you are not able to cover the difference between the amount your insurance company will give you and the amount you owe, Gap Insurance may be right for you.

When Should I Get Gap Insurance?

Gap Insurance is always a good idea if you purchase a luxury or very costly vehicle.  Most cars depreciate in value up to 20% the moment you drive them, so the more your car is worth and the more you owe on your vehicle, the more sense it makes to get Gap Insurance.

Finding The Gap Insurance Policy That Is Right For You

Like all insurance policies, not all Gap Insurance is created equal.  Before purchasing a Gap policy it is important to know what to look for and how it compares to your existing policy.  Most car dealerships offer Gap Insurance as part of their up-sell package, but in most cases this policy will cost you considerably more than if you were to get it from an insurance company or broker.  Also, be sure that your existing policy does not already offer Gap Insurance.  Another important consideration is making sure that your Gap coverage covers not only the difference between your car’s value and loan amount in the case of an accident, but covers theft and damages due to vandalism and natural disaster as well.

For most car owners, Gap Insurance is not necessary.  But if you own an expensive car or are concerned about paying an outstanding loan amount should the worst happen, Gap Insurance is probably right for you.

Home-Based Businesses: Including Your Business In Your Home Insurance

If you have a home-based business or you frequently work from home, having both your office space and the business itself insured is an essential part of your overhead as an entrepreneur or business person.  One option that you may be considering is including your business as part of your home insurance.  While it may save you money in keeping your business investments and capital protected, it may not be enough in some cases.  So is home insurance the right choice for your home-based business?  Here are a few things to consider before shopping around for a separate business insurance policy.

What Does Homeowner’s Insurance Cover?

The coverage you receive from your homeowner’s insurance will depend on your policy, but in general it protects your home in case of damage or loss from a number of causes, and will usually include both the property itself and the contents.  Before deciding whether you need separate business insurance for your home-based business you will want to take a close look at your existing homeowner’s insurance policy.  If your contents are not covered, or the contents of your home office are not included in the policy, you will need to either extend your existing coverage or get a separate policy to include items such as your computer and office furniture.  Depending on the type of home business you run, however, this may not be enough to keep your business fully covered.

What Type of Insurance Does a Home Business Need?

One of the biggest considerations in deciding if you will need separate business insurance for your home-based business is whether the issue of liability will ever come up.  If clients enter your home for any reason or you have frequent business-related deliveries to your home, your homeowner’s insurance will not cover any injuries these people may receive on your property.  Also, if you have any employees, even if they work only a few hours here or there, you will need insurance to cover them.

If you run a home-based business your best choice in keeping both your home and your business covered is to talk with an insurance professional and discuss your particular situation.  Your business is your livelihood and your property is your home; ensuring that they are both covered should anything happen is important to both you and your family.

Ensuring Your Homeowner’s Policy Is Up To Date

When your insurance company calculated the cost to replace your home in the event of a claim, they based it on the available knowledge they were given regarding your home.  Things like the square footage, the type of construction, the materials used inside and out, as well as any special features of the home were all included in the calculation.  What many homeowners forget is that updates to your home need to be reflected in the replacement cost.  Here are some key times when you should give your insurance company a call to provide updated information.

A Major Renovation

Whether you give your kitchen an overhaul or redo the master bath, these are high value areas of your home, and your insurance company needs to know you have improved them.  Give them a call and let them know what type of materials you used and what features you may have added, such as a jetted tub or granite countertops.  This will ensure that if insurance ever has to pay to replace your house, you will get those updates back.

An Addition To Your Home

If you add square footage to your home via an addition, it’s important to let your insurance company know right away, as this has a large impact on your replacement cost.  Remember that insurance will only cover permitted additions to your home, so be sure you have all the right permits on file and everything is up to code.  Some additions, such as certain types of sunrooms, do not actually count toward the total square footage, so discuss the coverage for that type of addition with your insurance agent.

New Floors, New Windows

Anything you replace or upgrade should be reported to your insurance company.  Whether you replace your carpet with hardwood floors, or install new windows, doors, or other features, all of these things are important to the reconstruction cost of your home.

If you aren’t sure if a certain upgrade or change has any bearing on your insurance, it’s always best to put in a call to your agent just to be on the safe side.  You don’t want to make a claim down the road only to find out that the policy was outdated and you weren’t covered for the improvements you have made to your home.  Although most policies do have some protection built in for this, the safest bet is to be sure you keep your policy up to date.  It’s always worth a call to your agent or insurance company to let them know things have changed at your home.

Understanding How Auto Insurance Premiums Work

Car insurance rates are dependent on a number of variables, and understanding what your rate is based upon can help you determine whether you are getting the best deal possible.  Here are some of the criteria your car insurance rate is based upon; this will give you a better idea of the factors determining your rate and what you can do to get the best rate possible.

Experience And Age-These two factors can have the biggest influence on the rates you will be paying for your auto insurance.  It had been shown that young drivers are involved in more accidents than more mature drivers.  Experience has also been shown to be a factor in accident rates.  In most cases, however, an older person who is a new driver will have lower rates than a younger new driver.

Location-Where you live also has an effect on the auto insurance rates you will pay.  Areas with more traffic, higher accident rates, and more dangerous weather conditions are seen as bigger risks, and as a result the drivers in these locations are forced to pay higher rates.

Type Of Vehicle You Drive-Several factors related to the type of vehicle you drive will influence your auto insurance rates.  Newer cars cost more to repair and replace and therefore you will pay higher rates to insurance a newer vehicle.  The make and model or your car, and even the color, can affect your premiums.

Credit Rating-While it may not seem obvious or even fair that those with lower credit scores should be seen as higher risk drivers, your credit score does affect your insurance rates.

If you are concerned with the rates you are paying for your auto insurance, it is always a good idea to shop around, even if you’re not due to renew for a while.  It will give you a better idea of whether the rates you are paying are fair, and help you find an insurance company that can offer you a better deal once your renewal date has come up.