Term life insurance provides death protection for a stated time period, or term.

Term life insurance is perhaps the simplest form of life insurance. It was developed to provide temporary life insurance protection on a limited budget. Since term insurance can be purchased in large amounts for a relatively small initial premium, it is well suited for short-range goals such as life insurance coverage to pay off a loan, or providing extra life insurance protection during the child-raising years.

Call Chris Campbell today!

816-285-9483

Landlord insurance serves to protect landlords during circumstances where they are prevented from using their property to earn an income.

These circumstances include legal disputes between a landlord and tenant. If legal expenses are purchased as a part of the insurance coverage, landlords will be compensated for any related legal fees. In cases where the property damaged to the point that it is inhabitable, landlord insurance will help cover the costs to repair the damages as well as compensate the landlord for the loss in rent collected during the rebuilding. Like all contracts, the precise language of the insurance coverage must be carefully reviewed to understand precisely what is and is not covered. Coverage may be limited to damage of the interior or exterior of the property.

Because of the variety of coverage available, landlords are often advised to carefully consider different options before buying an insurance policy. Comprehensive insurance provides coverage for all types of situations except those specifically excluded. In contrast, peril policies generally cover fewer types of damage and list only those losses that will be covered. Potential policy holders are also often advised by insurance companies to not only consider possible property damages, but also libel, slander and discrimination.

Landlord insurance generally offers two methods through which property losses can be settled: actual cash value and replacement value. Landlords generally pay a lower premium for actual cash value settlement, since they will receive compensation only after deprecation is subtracted from the current value of the property. With replacement value settlement, compensation will cover the necessary costs of replacing the damaged property without considering any deprecation. Property, however, will have to be replaced in order to qualify for this settlement. If it is not replaced, settlement, by default, will likely be actual cash value.

In addition to choosing the actual cash value settlement method, another option for reducing the premium for landlord insurance is to increase the deductible. The deductible is the amount of money the policy holder himself will pay to recover a loss. Higher deductibles can also result in discounts.

Because landlord insurance covers only the property and the rights of the landlord, tenants can greatly benefit from renters' insurance. Damages to personal belongings or another person's property within a tenant's residence become the responsibility of the tenant. Renters' insurance will provide liability coverage and, in some cases, it could also cover pertinent legal expenses. Renters' insurance, similar to that offered to landlords, has a variety of options for coverage.

Chris Campbell

Farmers Insurance

816-285-9483 

Discounts

 

Purchasing auto insurance shouldn't be a difficult decision. As your Farmers® agent, I will help you understand the ins-and-outs of auto insurance so you can choose the right type of coverage to meet your needs.

As a Farmers customer, you'll not only receive the personal care and service of my agency, but also our award-winning HelpPoint® claims service. Whenever you have a claim to report, simply call (800) HelpPoint - (800) 435-7764 - 24 hours a day, seven days a week to speak to a knowledgeable Farmers representative.

Plus, Farmers has competitive discounts. Our multi-line discount* is just one way to save on the cost of auto insurance by also having your homeowners and Life insurance with Farmers. Ask me about other discounts you may qualify for. Remember, there is more to insurance than just price.

*Products and features are not available in all states and may vary by state. Discounts apply to selected property and casualty coverages, perils and policy types only and may vary by state and eligibility.

 

Chris Campbell

816-285-9483

You might think you don't need Renters Insurance if you rent. 
Add up the cost of your furniture, your electronic equipment, your CD/DVD collection, computer, garments and other personal items. Can you afford to replace everything in the event of a fire or burglary?  
 Renters Insurance is relatively inexpensive. The average cost of renter's insurance begins about  $12 a month for around $30,000 worth of property coverage and $100,000 worth of liability coverage.

Repair or replacement of your personal property damaged, destroyed or stolen as the result of various types of peril -- fire or lightning, windstorm or hail, explosions, smoke, vandalism, theft, damage by glass, electrical surge damage, and water-related damage from home utilities, and more. If your home is made unlivable by one of these perils, Renters insurance will pay for the associated expenses (cost of a temporary residence, meals eaten out, etc.). Coverage is usually limited to a percent of the total value of the policy. Renter's insurance can even cover you for personal possessions that don't happen to be in the apartment at the time of the loss.

Many renters are under the impression that their landlord's policy covers their belongings as well. That's not the case, and they often don't find that out until after a disaster or a robbery. Your landlord's policy doesn't cover anything that's yours. The only exception to this would be if the loss was caused by negligence on the part of your landlord, and then you would still have to prove it in court. This is where Renters Insurance comes in.

When getting an insurance quote on your rental, condo or home, consider asking for a quote on an auto policy as well. Farmers offers a discount if you carry all your policies with us.

Call Chris Today

816-285-9483

Most people buy insurance because they have to have it.  I ask all of my prospective clients "Why did you pick this coverage and these liability limits?"  The number one answer is my agent did it for me over the phone, or the lizard helped me do it online.  I am getting used to hearing it but it still amazes me.  The most important part of your insurance program is your liability limits, if you bang up a car it can be fixed, a leaky roof while a headache is not a financial death sentence.  But on the other hand if you are driving a car and run a stop light and seriously injure or even kill someone, that is when your insurance can save your financial security and future earnings.   

Example:  You injure a hardworking family man that has a stay at home wife and 3 school age children.  He makes $70,000 a year as a commercial plumber, has  a mortgage, 2 car payments, saving for kids college, ect.  You injure him and he is off work for a year and can't return to his old job, he must find a lesser paying job but he still has the same financial needs as he did before you ran that red light.  He is going to need you or your insurance liability limits to reimburse him for his lost wages, medical bills not covered by his medical insurance and not to mention the loss of income from the old to the new job he must take for the next 20 years due to his injuries. 

I see people with liability limits set at 50,000/100,000 or even less.  The first number is per person limits and the 2nd is per accident.  These limits would be wiped out in a heartbeat, and guess who pays the difference, hint not the lizard or the agent on the phone.  Yes you are responsible for the shortage.  Do me  a favor and look at the back on your big phone book, who is on there?  A lawyer!!  That is who will sue you for his/her clients loss of income, medical bills and pain and suffering. 

Now do me one more favor, dig out you current auto and home insurance policies and check your limits.  If you do not have a minimum of $250,000/500,000 on your autos and $500,000 on your homes run don't walk to the phone and call me.  816-285-9483.  Increasing your limits will not cost as much as you think, it is the least expensive thing on your policies to increase.  I also recommend that you have an umbrella policy that extends your liability limits an additional $1,000,000 for less than the price of a dinner each month.

Call Chris Campbell

816-285-9483

You might think you don't need Renters Insurance if you rent. 
Add up the cost of your furniture, your electronic equipment, your CD/DVD collection, computer, garments and other personal items. Can you afford to replace everything in the event of a fire or burglary?  
 Renters Insurance is relatively inexpensive. The average cost of renter's insurance begins about  $12 a month for around $30,000 worth of property coverage and $100,000 worth of liability coverage.

Repair or replacement of your personal property damaged, destroyed or stolen as the result of various types of peril -- fire or lightning, windstorm or hail, explosions, smoke, vandalism, theft, damage by glass, electrical surge damage, and water-related damage from home utilities, and more. If your home is made unlivable by one of these perils, Renters insurance will pay for the associated expenses (cost of a temporary residence, meals eaten out, etc.). Coverage is usually limited to a percent of the total value of the policy. Renter's insurance can even cover you for personal possessions that don't happen to be in the apartment at the time of the loss.

Many renters are under the impression that their landlord's policy covers their belongings as well. That's not the case, and they often don't find that out until after a disaster or a robbery. Your landlord's policy doesn't cover anything that's yours. The only exception to this would be if the loss was caused by negligence on the part of your landlord, and then you would still have to prove it in court. This is where Renters Insurance comes in.

When getting an insurance quote on your rental, condo or home, consider asking for a quote on an auto policy as well. Farmers offers a discount if you carry all your policies with us.

Call Chris Today

816-285-9483

If you want to know how long it will take to double your money, take the number 72 and divide that number by the interest rate you are getting. So if you deposit $3,000 into an account with a 2% interest rate, 72 ÷ 2 is 36. So in 36 years you will have $6,000.

 

If you have an interest rate of 12%, you will make $6,000 in six years. The higher the interest, the quicker it is.

 

Umbrella insurance is designed to give one added liability protection above and beyond the limits on homeowners, auto, and watercraft personal insurance policies. With an umbrella policy, depending on the insurance company, one can add an additional 1-5 million in liability protection.

This protection is designed to "kick-in" when the liability on other current policies has been exhausted.

Liability insurance is the portion of a homeowners or auto policy that pays for expenses such as the injured persons medical bills, rehabilitative therapy, and lost wages due to the negligence of the at fault person. The liability portion of an insurance policy also covers a legal defense representative if the negligence would happen to land the at fault person in the court room. After adding up all of the medical expenses for the injured and the legal fees of the negligent person, the standard liability in one's homeowners or auto policy is often not enough. Almost every state has financial responsibility laws that will hold drivers accountable for bodily injury and property damage resulting from car accidents and the at fault driver could be sued for the damage. Personal assets from the at fault driver could be seized resulting from a lawsuit. Similar laws are also in force for home and watercraft owners.

There is good news. A personal liability umbrella insurance policy can give one added liability protection without a large added cost. Additional liability insurance is often inexpensive, especially compared to the added coverage one gains. Furthermore, liability insurance covers one's non-business activities anywhere in the world. Having the added protection of a liability umbrella policy is coverage no one should go without.

Call Chris Today

816-285-9483

Term life insurance provides death protection for a stated time period, or term.

Term life insurance is perhaps the simplest form of life insurance. It was developed to provide temporary life insurance protection on a limited budget. Since term insurance can be purchased in large amounts for a relatively small initial premium, it is well suited for short-range goals such as life insurance coverage to pay off a loan, or providing extra life insurance protection during the child-raising years.

Call Chris Campbell today!

816-285-9483

 

Variable Life Insurance is another type of permanent life insurance and is much riskier than standard whole life and universal life. Variable life is a pure investment policy, and as such is much more expensive than the other types. However, it gives the policyholder complete control over his or her investment portfolio. It varies by insurer and policy, but most often the insured decide what they want to invest the cash value portion of their account in, whether it is stocks, bonds, or money market funds. There is usually an unlimited number of times that you can change your investment portfolio, but as with everything else, that is dependent upon the insurer and the policy itself.