Insurance matters are complex from both a financial and personal perspective. They relate to the protection of the people and property that are most important to individuals and organizations. Plus, choosing the right insurance coverage is itself a significant financial investment. As such, it’s important to be an educated insurance consumer. The resources here are designed to help you down that path.
That said, there is no substitute for the expertise of an experienced insurance specialist in helping you make the right decisions. Take some time to explore the resources linked to this page—and then contact Collens-Wagner to schedule an in-depth review of your needs with one of our insurance specialists.
- What’s my car worth? Do I need collision insurance? To properly understand your auto insurance needs, it’s important to have an understanding of the approximate value of your vehicles. Auto insurers generally use the current “book value” as an upper limit in how much funding will be provided for repairs in the event of a claim. Above that amount, the vehicle may be declared a total loss and need to be replaced. Keeping track of the value of your vehicles will help you both evaluate your coverage needs and take steps to make sure you will be financially prepared to replace your vehicle if you have a total loss. The New and Used Car Values website from J.D. Power, under license from the National Automobile Dealers Association, has tools available to help you research the value of your vehicles.
- Glossary of Insurance Terms. The terminology of insurance can seem overwhelming to the consumer—especially for someone like a young adult who is just beginning to explore his or her insurance needs. Having the right reference resources available, however, will help you get up to speed and provide you with valuable context and background knowledge to inform your discussions with your Collens-Wagner insurance specialist. The Glossary of Insurance Terms, maintained by the National Association of Insurance Commissioners will start you on your way to helping you become a better-informed insurance customer, in-touch with the information you need to help you make smart insurance decisions with the help of your specialist.
- Who needs life insurance? Chances are, you do. But life insurance needs vary significantly depending on individual situations. Are you married, or single? Do you have children? Does anyone depend on you financially? These are just a few questions to ask when it comes to life insurance. Our Collens-Wagner insurance specialists can help you answer these questions and many more. While not a substitute for a consultation with our experts, a guide to life insurance from Life Happens, a nonprofit organization on a mission to help people make informed insurance choices, can also help you learn more.