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Madison-Collins-Stephens Agency, Inc., established in 1957, is a full service and locally owned independent insurance agency. We are insurance professionals that specialize in managing the risks of our clients. We have the expertise to tailor specific coverage’s to each and every client that we insure. We represent many top line companies which allows us to shop the insurance marketplace for you. We work to provide our clients the coverage they need, at the lowest available premium.

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Whether you are looking for an insurance policy for your property (home or car), your business or even for your own and your family members' health care, it is essential that you do your homework and find a suitable plan that meets your needs as well as your financial capability.  Once you have found a suitable insurance plan, your next order of business would be to find a reputable insurance agent who will help you get the insurance plan that you want. When you are looking for an insurance agent in Newark, Ohio, it is important to note that agents can be classified into three types. First, there are independent insurance agents who work with a number of insurance providers. And then there are captive insurance agents who work with only one insurance provider. Finally, you have online or telephone insurance agents. Working with each type of insurance agent has its own sets of merits and pitfalls and it is prudent to know these things before making a final decision on which type of insurance agency in Newark, Ohio to work with.  Whatever type of insurance agent you might favor working with, choosing the best agent to meet your needs entails asking the right questions. For one, you'd like to work with an agent that represents the insurance carrier that you favor. Second, ask what type of customer service the insurance agent or agency provides. It is one thing to sign up for a particular insurance plan and it is completely another thing when you have to file for a claim. If you are thinking of getting more than one type of insurance — say, homeowners' insurance and car insurance — can your agent offer you a bundled plan?  If you are just in the process of finding a trustworthy insurance agent, your first and best recourse would be to ask for recommendations from your family, friends or peers. Their experience in working with an insurance agent can provide you with an invaluable insight on how insurance agents work as well as their professionalism and level of service.  If you can't get recommendations, your next best option would be to check third party sites like the Better Business Bureau and the Independent Insurance Agents and Brokers of America.  It cannot be overstated that choosing the right plan and working with the right insurance agent is important. As such, do your homework and know your available options before making a serious commitment.Whether you are looking for an insurance policy for your property (home or car), your business or even for your own and your family members' health care, it is essential that you do your homework and find a suitable plan that meets your needs as well as your financial capability.

Once you have found a suitable insurance plan, your next order of business would be to find a reputable insurance agent who will help you get the insurance plan that you want. When you are looking for an independent insurance agent in Newark, Ohio, it is important to note that agents can be classified into three types. First, there are independent insurance agents who work with a number of insurance providers. And then there are captive insurance agents who work with only one insurance provider. Finally, you have online or telephone insurance agents. Working with each type of insurance agent has its own sets of merits and pitfalls and it is prudent to know these things before making a final decision on which type of insurance agency in Newark, Ohio to work with.

Whatever type of insurance agent you might favor working with, choosing the best agent to meet your needs entails asking the right questions. For one, you'd like to work with an agent that represents the insurance carrier that you favor. Second, ask what type of customer service the insurance agent or agency provides. It is one thing to sign up for a particular insurance plan and it is completely another thing when you have to file for a claim. If you are thinking of getting more than one type of insurance — say, homeowners' insurance and car insurance — can your agent offer you a bundled plan?

If you are just in the process of finding a trustworthy insurance agent, your first and best recourse would be to ask for recommendations from your family, friends or peers. Their experience in working with an insurance agent can provide you with an invaluable insight on how insurance agents work as well as their professionalism and level of service.

If you can't get recommendations, your next best option would be to check third party sites like the Better Business Bureau and the Independent Insurance Agents and Brokers of America.

It cannot be overstated that choosing the right plan and working with the right insurance agent is important. As such, do your homework and know your available options before making a serious commitment.

Why do you need insurance? Accidents are a fact of life, and car accidents happen 6 million times every year in the U.S. alone. It's not fatalistic, but more of being realistic, to say that there is a possibility that you could meet an accident every time you take your car out of the garage. If this happens, you can be faced with shouldering thousands of dollars’ worth of compensation for injuries and property damage, according to counsels in auto insurance in Licking County. This poses a threat not only to your bank account, but also to your livelihood opportunities and your reputation. Your insurance can serve as your cushion in case of unfortunate events. By paying a little amount today, you can rest assured you will have something to fall back on should you need money in the future, whether you’re facing compensation claims or you need it for your own medical coverage.  How much will you need to pay each time?  Your insurance rate will depend on a lot of factors. Consultants in car insurance in Newark, Ohio list the following items that affect your auto insurance rate: Insurance talk can be confusing and overwhelming for a first-time policy buyer, but it’s something that every car owner should take time to acknowledge and understand for their own good, and for the sake of fellow motorists and pedestrians as well. You don’t have to master every key concept to make sure you get the best insurance policy for your requirements. But with diligent research and some expert help, you can try to get to know basic concepts that will serve as a guide as you make the right insurance-related decisions.

Why do you need insurance?

Accidents are a fact of life, and car accidents happen 6 million times every year in the U.S. alone. It's not fatalistic, but more of being realistic, to say that there is a possibility that you could meet an accident every time you take your car out of the garage. If this happens, you can be faced with shouldering thousands of dollars’ worth of compensation for injuries and property damage, according to counsels in auto insurance in Licking County. This poses a threat not only to your bank account, but also to your livelihood opportunities and your reputation. Your insurance can serve as your cushion in case of unfortunate events. By paying a little amount today, you can rest assured you will have something to fall back on should you need money in the future, whether you’re facing compensation claims or you need it for your own medical coverage.

How much will you need to pay each time?

Your insurance rate will depend on a lot of factors. Consultants in car insurance in Newark, Ohio list the following items that affect your auto insurance rate:

  • Driving record: If you have figured in accidents or violations in the past, this can position you as high risk and will impact your rate. 
  • Personal information: Gender, age and marital status.
  • Insurance history: How you managed your prior account can affect your present rate.
  • Vehicle information and use: Annual mileage, make and model of the vehicle. 
  • Other factors: Location, the insurance company’s rating system and coverage guidelines.
  • Claim frequency: Some experts say this is the most influential factor on the rating process.

Things to remember

Before signing anything, read the document carefully, and if possible with the help of an expert to guide you through the terms and concepts. Don’t hesitate to pose your questions – your insurance agent should be able to explain the details to you or give clarifications on your inquiries.

We offer car insurance from many companies.  Give us a call and we'll sort out your best option!

 

Another common aspect of homeowners' insurance in Licking County is protection from liability. Liability protection works threefold. First, it can be used to cover for the expenses for damages against another person's property. Second, it can be used toward the medical expenses of a person injured in your home. Finally, it can be used for your personal liability in instances wherein you are held accountable for an injury to a person or damage to a person's property.A home, for many people, is the greatest investment they'll probably make in their lifetime. And just like any other type of investment, you'd like to get the most return out of it while minimizing the associated risks. One good way to do that is to get homeowners' insurance.

Homeowners insurance in Newark, Ohio and other parts of the country may vary from one plan to another. But essentially, regardless of the plan you get for your property, it should contain four main Components:

  • coverage for structure
  • contents
  • liability protection
  • reimbursements for living expenses.

Despite taking every measure possible to protect your home against the elements or man-made disasters, your home will not be completely invincible against fires, storms and earthquakes. And when such things do happen, you'd want to have sufficient funds to cover the rebuilding of your property. This is where the coverage for structure comes in. Now, in order to arrive at a reasonable amount for insurance, it is important to know your property's market value which can be done by a third party. Conversely, there are online tools for such purposes which you can try.

Of course, your home is not just another hollow block built on a piece of land. For all intents and purposes, your home is a home because of you and your belongings. If the coverage for structure protects you against the damages on the property itself, the coverage for contents protects you against the damages on your belongings through theft, fire or other causes. Typically, the amount that you can get from your insurance provider is half the market value of your home.

Another common aspect of homeowners' insurance in Licking County is protection from liability. Liability protection works threefold. First, it can be used to cover for the expenses for damages against another person's property. Second, it can be used toward the medical expenses of a person injured in your home. Finally, it can be used for your personal liability in instances wherein you are held accountable for an injury to a person or damage to a person's property.

In the case of fires or other disasters where you have no other option but to live temporarily elsewhere, the reimbursement for additional living expenses covers expenses like meals and rent.

Do remember that there are instances wherein a standard policy may not be sufficient for your current needs and prevailing conditions. Those who live in flood-prone areas or those with valuable collections like art and wines may opt for additional insurance.

Get a free home insurance quote by just giving us a call!  

When people look into getting an insurance policy, most of the time, the easiest way for them to do that is by heading straight to an insurance company, making an inquiry and being assigned an insurance agent who can answer all their questions. But a lot of people also claim that there are times when securing the perfect match for an insurance policy is accomplished by exerting a bit more effort than that, and what you really want is an agent who asks you what you need and listens carefully.

It’s actually quite uncommon these days to find “service providers” who start of by asking you what you need. Most of the time, the super eager ones are just in a hurry to present the features of the insurance policy they offer, which will just sound like complete gibberish to you or do not even seem particularly relevant to your case. While there may be some advantages that you actually might be interested in, because of the way everything is being presented to you, you just shut down and choose to say “Maybe some other time.”

If you’re looking for a good insurance agent who can really assist you in the most informative way and not just shower you with a multitude of technical terms, you may use these smart tips provided by experienced insurance agents in Newark, OH:

  1. Get some recommendations from family and friends whom you know are quite satisfied with the insurance they have. They can directly lead you to the agent who can be most helpful to you. Oftentimes, recommended agents are eager to please as their character and qualities have been strongly vouched for by someone you know; therefore, you can expect them to deliver quality assistance or service.
  2. Go online. A lot of insurance agents are actually featured by their agencies. You can check out the testimonials about the kind of service they have provided their other clients. On top of this, you can also find out about their credentials, whether they are licensed to practice in your locality, or if they belong to widely respected professional boards and if they are professionally accredited.
  3. Set up a meeting with the agents you’re warming up to. You can ask them all the questions you have and get a better feel if they are truly as knowledgeable as you need them to be. Do they know the tax and legal aspects of their insurance policies? Do they also know about the policies of other agencies and are they able to compare and establish what sets their products apart? Do they manage to explain everything to you in a “language” you completely understand? Do they listen to you before presenting the most comprehensive and suitable products to meet your needs? These are all important factors and you’ll only get to make a completely informed decision if you take the time to personally meet with the insurance agent you’re considering to help you with your investment. 

FOR QUOTES AND MORE INFORMATION

CALL US NOW 740-345-9741

OR TOLL FREE Toll Free: 1-888-747-4721

Posted by on in Business Insurance

Taking risks is an essential part of business building. Most successful organizations attest to this: they wouldn’t have been able to grow leaps and bounds if they just stayed on the safe, tried-and-tested route. Risk is also a critical component of any business landscape, regardless of whether you’re a leader in a robust industry or trying to survive in a recovering one. Certainly, uncertainty is part of the equation of a dynamic, ever-changing environment of commerce. What sets successful businesses apart from the rest, however, is having the right perspective, tools and preparation that will help them manage, minimize and control the risks that come their way.

A fundamental part of having a solid risk management strategy is investing in a commercial insurance platform. Commercial insurance provides protection against potential business losses that can be brought about by various unexpected or unforeseen circumstances that an organization may face. No matter how prudently you may run your operations, there are still some things you may not entirely prevent: damages caused by natural disasters and extreme weather conditions, theft, worksite accidents and illnesses, lawsuits and so on. An insurance policy ensures that you can have something to depend on that will enable you to recover financially, and as a business entity, despite the devastating turn of events.

There are different kinds of insurance offered by risk management firms to address the unique needs of every business. There is property insurance that focuses on providing protection for real estate properties, equipment, tools and inventory in the event of vandalism and theft, fire, smoke damage, and other causes. Commercial auto insurance is for those who want to specifically protect the vehicles owned by the company used for transporting their people, property and products. Professional insurance is designed for protection in case of issues and claims due to errors and omissions when rendering professional services such as those provided by doctors, lawyers, hair salons, real estate agents, etc.

Your commercial insurance provider can assess your situation to see what works best for you, but one primary insurance product that every business should have is the general liability insurance. Insurance specialists say that every organization, whether it’s a big-name brand or a small start-up, should have a risk management program that provides defense in case the business, the products and services it offers, its employees, or its operations are alleged to have caused illnesses, bodily injuries or property damage to others. The insurance covers compensation such as the medical expenses in case of injury, the repair or replacement in case of property damage, or lawsuit expenses.       

A solid risk management program can identify and assess the risk situation of a company, design a response strategy and monitor possible risk events. By reducing the risks and being prepared in case the inevitable comes, a company can go full speed towards it growth course with less delays and distractions. 

FOR QUOTES AND MORE INFORMATION

CALL US NOW 740-345-9741

OR TOLL FREE: 1-888-747-4721

Posted by on in Auto Insurance

Don’t be afraid of shopping — not when it can save you hundreds of dollars on your car insurance. Know that not all insurance companies are the same, as some will offer you greater discounts, aside from better service and better rates. Financial experts even suggest that browsing online or making inquiries for as little as an hour can help you reap substantial savings from your car insurance cost.

The key to getting those savings is to follow a few steps when asking for car insurance quotes. It’s not just about knowing which insurance companies carry lower rates but also about knowing what to ask and, in some cases, when to ask.

Always get multiple quotes.
Comparison shopping allows you to get a better range of options, not just on insurance rates but also on service. Does car insurance provider A offer better claims processing? Does car insurance provider B have more protection on its policy?

These and loads more questions are answered better when you have more choices helping you make an informed decision about this financial investment. Do make sure that the quotes you get are all based on the same coverage because this creates accurate comparisons between insurance rates.

Ask about the discounts you might be entitled to when you choose one insurance company over another.
Car insurance discounts may be given to those who agree to have their daily driving performance tracked. Some car insurance companies offer safe driver discounts. There are other companies that might focus on the type of car you drive and your location. Then there are those insurance companies that ensure discounts with loyal consumers. You never know what type of car insurance discount you can get until you ask. At MCS Insurance we are here to help.

Consider looking into a new car insurance policy with major life changes.
From marriage to relocation, major life events may affect your car insurance premium, in a good way. So instead of an annual or a couple of years’ move from one car insurance policy to another, try every three or so years. Keep in mind that most insurance providers will reward you with good discounts when you’ve been with them a good long while.

A good car can lower your premiums.
Finally, when you’re still shopping around for a car, consider how it will help you get lower automobile insurance rates. Look up which cars in the market have tested and are rated higher for safety; cars engineered according to the highest safety standards will mean less risks on the road, which will help lower your premium.

Mitigating loss is a huge part of a property owner’s life. Faulty electrical wiring could start a fire. A hurricane may bring flood through a suburb. Or a break-in may result in loss of valuable personal belongings. Natural or man-made, disasters will destroy everything you’ve worked hard to build, in this case your home and other possessions. And since such things are unavoidable, a smart option would be to reduce the effects with homeowner’s insurance.

Homeowner’s insurance provides different levels of protection; some policies may come with earthquake protection while other policies may include all “acts of God.” One is likely to be more expensive than the other. But you can slash your premiums by working to get a discount. Homeowner’s insurance rates can be minimized when you try to do the following things.

Consider installing as many home safety measures as possible because some insurance companies tend to give discounts with existing protection in properties. Apart from the usual smoke detectors and the fire extinguishers, try to also invest in carbon monoxide detectors. Some real estate resources also suggest installing a reliable security system, designating fire escapes, upgrading roofing to impact-resistant material, and updating old wires. Focusing on each safety measure will not only save lives but also decrease your insurance premiums.

Once these protective measures have been implemented in your home, investigate and shop around for insurance companies that can offer you the best rate, in consideration of the improvements and upgrades you’ve made.

Accessible amenities can help to drive down your home insurance premium. It turns out that some insurance companies may offer you a discount if your home is located near a fire hydrant or a fire station. So you will want to list everything about your home and find out whether such amenities or features can get you lower home insurance cost.

Think about the cost of your home insurance while choosing a property. Some neighborhoods appeal to most insurance companies because they tend to be more secure than others. For example, gated communities offer additional security to residents, which will mean there’s less risk for home invasions. When you’re at less risk, then you could probably get a much more affordable insurance premium on your home.

Ask about changes in home insurance rates. Home insurance will change as neighborhood values and construction costs fluctuate. Ask your home insurance provider about tiered ratings and whether applying for a new policy could see your insurance cost reduced.

While there is no way for you to predict what will happen in the future, as a business owner, there are several strategies you can implement to protect your business against unforeseen events. One of the tools that you need, especially if you use vehicles for your business operations either to deliver products or to transport personnel, is general liability insurance.

In the same way that cars used for personal reasons need an insurance policy, so do the vehicles in your business's fleet. General liability insurance is not just a requirement that you need to tick off a list. This type of insurance is necessary to avoid the associated woes that come with accidents.

Liability insurance will cover the passengers of a vehicle, the drivers, the passengers in the other vehicles involved in an accident, and property owners. While liability insurance comes in a variety of forms, they can be classified broadly into two types: one for bodily injury and one for property damage. In the former, expenses like hospital care, medicine, lost income, rehabilitation and funeral costs are covered. In the latter, expenses for damages to property are covered.

In almost all states, drivers are required to be covered by liability insurance, although the amount of required minimum coverage may vary from one policy to another. In addition to this type of insurance, some states may require additional types of insurance.

You might think of a commercial auto insurance policy as an unnecessary expense for your business, but when accidents happen, you'll be glad that you have made the investment. Of course, there are several options that you can consider to get a good deal out of your coverage.

First, find a deductible cost that you can afford. The higher the deductible cost, the lower your annual premium will be. The deductible cost is the amount you will have to pay out of your pocket should a vehicular accident occur.

Second, look into various payment options available. Most insurance providers offer great discounts when you pay in full while others offer savings on other associated costs like administrative and interest fees.

Many insurance providers also offer great deals for customers who get more than one policy. If you have a few cars in your fleet, you might want to consider getting insurance policies from one company. However, this does not mean that you should not look around until you find a better deal.

A financial crisis could ruin you entirely or leave you temporarily crippled. The outcome depends on how well prepared you are for things like a hurricane damaging your home, a fire destroying your retail store, or an accident totaling your car and injuring you in the process.

You might not have thought about it but insurance agents play a critical role in financial planning. So it’s essential that you’re able to choose one that’s right for your needs. With thousands of insurance agents offering their services and expertise, how do you recognize the perfect insurance agent? Here are five key qualities to look for when doing your search.

Instead of pushing for insurance products right off the bat, he takes the time to get to know you and learn about your specific needs.
Your situation, financial needs, and expectations for the future are unique to you, which mean your agent should be able to come up with solutions that fit your requirements. He can’t just try to push for different insurance products that, in the long run, might not be what you need.

Naturally, insurance agents who have the ability to recommend suitable solutions should have good listening skills. He’s got to be attentive, knows how to empathize, has the patience, and knows how to watch for non-verbal communications.

He needs to demonstrate the tact and understanding all clients require.
Experienced insurance agents have the ability to understand different situations, and without letting their own prejudices interfere, they are able to give clients the right facts and information. These will allow you to come up with better decisions regarding certain insurance products.

He needs to display solid honesty.
Trustworthy insurance agents will not only present you with wide-ranging options but they’ll also be able to point out the downside to each one. Your agent has to give you a complete picture, candidly expressing his balanced views on each insurance product.

He should be accessible and can respond immediately.
It’s understandable for good insurance agents to have as many clients as possible. But it’s inexcusable for one agent to use his other clients as reasons for not getting back to you on time. Your agent should be able to return your call, respond to your emails, or reply to text messages.

The best insurance agents will have extensive knowledge, from tax to legal policies.
This is especially critical if you’re looking to invest in commercial insurance, which not only helps you protect your business but also limits your exposure to risks. Your agent should have the general tax and legal knowledge in order to explain, in plain terms, the effects of certain policies on your legal and tax obligations.

 

These are quite uncertain times and most of the possessions you have worked so hard for can be wiped out in one clean sweep. Just take, for example, the global economic recession; properties, businesses and other assets were easily lost due to the interworking of some fickle variables. During this challenging period, a lot of people learned that they should have taken precautionary measures to better protect their important investments such as their cars and homes. 

Home insurance is one of the many security provisions easily available; investment experts claim that it’s an assurance that people will not be homeless when something unthinkable or unfortunate happens to their houses.  Home insurance is affordable enough, but purchasing it must certainly be done with proper judgment. So provided below are four important considerations so you can be sure to make the smartest investment in securing your asset.

  1. How much do you really need? Meaning, there are so many policies covered by homeowner’s insurance, but do you need all of them? For example, insurance companies are encouraging people to include flood insurance policy because of worsening global conditions, but if you live in the highlands and your home is likely to suffer more from a landslide rather than flooding, there’s really no need for you to include this in the coverage of your insurance.
  2. Establish how payments will easily fit into your monthly budget. Since home insurance costs really depend largely on the coverage, it’s best to determine how much you can allocate to payments and then sift through the inclusions; choose the ones that are highly relevant to you and that would allow you to make consistent and easy monthly payments. Should your family start generating more income one day, you can just purchase separate insurance policies for those that you did away with initially.
  3. If costs still greatly concern you, find ways to slash the cost of your home insurance. Raising deductible levels is one; another would be taking advantage of association memberships, or purchasing your other insurance policies from the same company.  With these tactics, you can reduce the premium yet still enjoy all the benefits.
  4. Study coverage exclusions so you get a fair idea of what type of disastrous circumstances are covered and which are not, as well as the different home improvements you can make that will benefit you as opposed to pricier improvements that will take a longer time to pay for themselves. Likewise, this will guide you in getting the necessary additional insurance policies for geographically determined hazards that can damage your home.

One of the major investments that you’ll make in your lifetime is the purchase of a car – it’s an investment for day-to-day convenience, especially if you spend a significant amount of time on the road each day getting to and coming back from work, as well as taking care of errands. As a car owner, you’re advised to get yourself auto insurance which is basically a collection of various policies that protect you and other entities in different ways. It can be costly, and if you’re like most people these days who are in an economic pinch, knowing some effective tips on how to save money on car insurance will definitely be useful. Don’t look for cheap car insurance, though; instead, be smart in your search for the best insurance agency.

Investment experts recommend getting all your insurance policies from the same insurance agent. Most insurance companies have offers called the multiple-policy discount and you can save over 10% on your car insurance. So if you already have homeowner’s insurance, get in touch with your insurer and inquire about the multi-policy discount that can be applied to your car insurance.

Look into other discount provisions from your insurer because you’ll be surprised to find discounts provided for all sorts of reasons; there’s the low mileage discount, good driver discount (meaning the driver has established complete compliance to traffic rules and has never been reprimanded or ticketed by road authorities, or had taken defensive driving courses), and “good” car discount (vehicles with automatic seatbelts, anti-lock brakes, anti-theft devices and other accessories that protect the vehicle, driver and riders). The key here is to take advantage of all discount provisions that apply to you.

Provide a good credit record to your insurer. People with good credit records are usually eligible for discounted premiums from many insurance companies, especially now that they take into account the credit history of their clients and use it as determining factor on what to charge for auto insurance.

Raise your deductible, especially if you have never had an accident and you trust yourself to be a very good driver. You’re better off raising your deductible and paying less each year for your car insurance.

And lastly, do away with unnecessary policies especially if you own a really old car that’s no longer worth much. The rule here is that a car that’s worth under a thousand dollars really doesn’t need collision and comprehensive coverage because the cost of having it fixed will likely be much higher than its actual value.

When you’re young, you tend to think you’re invincible; nothing can hurt you, or if something does, you believe that you can easily recover from it — that is, until you realize that there are medical conditions that actually linger longer than you want them to. If you have a lot of money in the bank, then you probably do not think much about the compounding costs of getting treatments, but if you’ve never thought much about saving money for the proverbial rainy day (and in the current economic climate, the rainy season), you’re likely to find yourself six feet deep in debt. It’s when such a situation occurs that people realize how important it is to have health insurance — just right around when it’s a tad too late. They wish that they had done things differently so they wouldn’t be so burdened by the need to look after their health and the cost of doing so now.

This is why investment gurus nowadays strongly advise young people to get insurance the moment they start working, be it a part-time or full-time gig, because it’s never too early to put your financial defenses up. And the best time to do that is when they’re strong, healthy and very much capable to earn money to put away for their future needs. 

Another thing about health insurance is it provides easier access to health care services. Most hospitals these days do not readily provide medical services to people who do not have health insurance, unless they happen to have loads of cash with them. For medical treatments or procedures, a lot of money is required – a simple procedure like an appendectomy can be thousands of dollars down the drain right away and that does not even, include hospital stay yet.

It’s important to make clear though that a health insurance does not cover all medical or health care expenses, but the big advantage of having one is instead of paying say 30 grand for treatment, you’re likely to only pay 3 grand and that’s a significant difference. In addition to that, if you need regular medical check-ups or minor treatment they are more financially manageable if you have health insurance.

Being insured is a life advantage and if you want to be thoroughly prepared for what the future or getting older may bring, you should definitely start putting away money for your health insurance. There are good low cost-insurance policies that you can get started with; get health insurance quotes now and choose a policy that you can fit into your budget.

Do away with the unnecessary expenses of today; instead, look forward to a future where you wouldn’t have to deal with the fears and uncertainties that people who aren’t insured face every day.

FOR QUOTES AND MORE INFORMATION

CALL US NOW 740-345-9741

OR TOLL FREE: 1-888-747-4721

Many people believe that being prepared for anything that can happen — particularly negative events — is a smart and practical way of saving themselves from heartache, hardships, and further troubles down the line. One easy way of illustrating this concept is by examining the importance of having homeowners insurance. In itself, owning a home translates to several expenses that need to be regularly addressed, and while this type of insurance policy adds one more item to your financial to-do list, its benefits can certainly prove its undeniable worth.

Homeowners insurance is designed to help you save money if something should happen to your home or even your possessions. In the United States, there are seven different forms of homeowners insurance that apply to a variety of individuals; a person renting out an apartment or a house, for example, will be eligible for a different insurance policy from an owner of an exceptionally old property or a mobile home). These policies are named HO-1 through to HO-8, but the most common one purchased is the HO-3 policy — this provides coverage for your home and personal possessions in the event of theft or damage. In addition, this insurance type is also meant to protect you (the homeowner) against personal liability if another person gets injured while they are within your property. Say, for instance, that your brother's family is staying with you for the holidays, and your young niece suffers a bad fall after tripping on a broken step on your staircase, and she fractures an arm; your insurance can cover her medical bills.

Natural disasters such as floods are earthquakes are some of the major events that could cause damage to homes, but people should take note that separate, more specialized policies will be needed to cover these. A basic homeowners insurance, however, will sufficiently cover most severe disasters or even damage caused by pets, as well as provide for living expenses if you need to live elsewhere for a while after an insured disaster (like fire) devastates your home.

Once you've decided that you need to purchase this insurance policy, you can begin your search for the right one through a variety of channels. Requesting for recommendations from close friends and relatives can help you gain more information on which providers are actually reliable and have a good track record. You can also try to obtain information from your state's insurance department about different insurance carriers, the prices they offer, and the specific and relevant laws within your area. You can sit down with a Newark, Ohio insurance agent hired by a renowned carrier, or consult an independent agent if you prefer.

The cost of homeowners insurance can vary  from carrier to carrier, primarily because they will need to consider a number of factors. These include the condition of your home, its size and amenities, the costs incurred in building it, and the type of materials used in its construction. Companies will also evaluate the crime rate in your neighborhood and the area's propensity for disasters. Familiarize yourself with these things and take steps to improve your home yourself bit by bit in relation to these factors; doing this can actually make your home less at risk, which can ultimately decrease insurance premiums.

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Getting auto insurance is a requirement mandated by the government, so you don’t have a choice but to get one. If your budget doesn’t allow you much leeway when it comes to this added expense, make sure that you do everything you can so that you buy car insurance at the lowest cost possible.

There are steps you can take to minimize your insurance payments. One way to do this is to boldly ask to be qualified for the discounts offered by the insurer. With these in place, you’ll find that car insurance quotes reflect a significantly reduced premium. The following are some of the other options you also have to save up on car insurance payments.

1. Insurers usually give a discount to people who put in less than a specific number of miles per year. Of course, the more time you spend on the road, the higher your risk is for an accident. You can qualify for the limit by opting to join a carpool or using public transportation every now and then. Try not to use your car for work-related matters. If your job requires that you travel by car a lot, ask your boss to provide a company car for this purpose.

2. Cut down on your coverage by addressing the policy with reduction strategies. Take only as much insurance as you feel you need and do away with unnecessary policy additions that you have no use for or that are already covered by another form of insurance you already have. If you have medical insurance, you could limit your policy to simply cover repairs and the medical expenses of other people involved in the accident.

3. Increase your deductibles for a lower premium. You can pay for smaller expenses with your own money. Also, if you don’t file minor claims, you may be awarded a ‘no-claim’ bonus. In the end, you get yourself covered for the major incidents.

4. Keep a good record not only by having an impeccable credit history but by making a habit out of safety as well. Everything’s in your record and could affect your premium rate. If you’ve never been ticketed for speeding or even illegal parking, if you bothered to take a driver safety course, if you have a high credit score — all these things work toward lowering your risk value.

If you can manage it, you could also opt to buy a policy with a yearly payment instead of a monthly one. Such a plan offers significant savings in the bigger picture. Overall, a premium is a small price to pay for security and peace of mind, but this can definitely be made more affordable to you with smart reduction tactics.

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Posted by on in Business Insurance

Although the recent global economic recession reinforced the importance of being properly insured, many entrepreneurs are still wondering if they truly require business insurance. Financially, they may think it is a burden – the amount of money that goes into that can be used for other aspects of the business. But business experts claim that if you don’t want to easily succumb to some surprises that your operations can bring (and that may cost you your entire business), you would not think twice about getting it.

What every business owner has to remember is that even the most upright operations can experience mishaps and the safest way to protect finances and stay afloat is by having insurance. Apart from this, business or commercial insurance is instrumental in meeting your business’s other operational objectives. But if you’re still wondering how exactly business insurance secures your business’s interests, listed below are four reasons why this form of investment is worth your monthly payments.

  1. It’s a clear manifestation of your business’s understanding of industry standards. This can work as a strong marketing strategy that not only attracts clients but gains their trust as well. Most people these days are only willing to invest in the products and services of thoroughly established professionals or experts, and by showing that your business is properly insured, you can further secure their confidence in your operations.
  2. It represents your values as a business organization. It can display how you take care of your own employees and show that you are responsible for them. Say, an accident happened at the workplace and your employee was injured, then requires medical treatment; you can assure your employee that the company’s insurance will cover the financial support he needs for his treatments, as well as the lost earnings due to the injury he sustained at work. How does this help you? This is great for strengthening employee loyalty because you prove that you’re an honorable boss.
  3. It can also prove that you are dedicated to protecting your own customers and even the public. For example, your product or services somehow put the health of your customers or any member of the public at risk. The law will automatically require your business to compensate them for damages. Your insurance can take care of that and along with that, you also get to protect your company image.
  4. Commercial insurance makes sure that your business assets are protected from theft and property damage. If you have a flourishing business, you can easily become the target of burglars and vandals and their acts can render your operations paralyzed and financially troubled. Your insurance will safeguard you from the risks such a situation can present.

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If health is wealth, then getting a private health insurance is probably one of the most important investment decisions you can make for yourself and your loved ones.

Even in countries which have a nationalized health care system, a growing number of people are still getting private health insurance. Here are a few reasons why:

In a public health care system, you cannot choose which doctor attends to you or your family member. In contrast, when you get your own health insurance, you have the option to choose which specialist will look after you.

If you are going to go under the knife, you will have to wait for your turn in a public system — that is, unless you have an emergency situation. In contrast, a private insurance allows your surgical procedure to be facilitated in the quickest and most efficient manner.

Another drawback of the public health system is the sheer volume of patients doctors have to diagnose and treat. This leaves them prone to errors. With the private health insurance system, this is virtually eliminated. Plus, if you need to get another doctor's opinion, it is easier to get one.

Just like investing financially, getting private insurance for your health should not be based solely upon the health insurance quotes you get from prospective providers. Here are a few factors to consider:

If you are just beginning your search for an insurance provider, the best place to start your search would be to check the website of your state's department of insurance. They will have a list of providers working in your area as well as the prices for their offerings.

If you put a premium on the services of your current doctor, you should also factor that in as you search for a provider. The provider you opt for should be able to pay for the services of your favored doctors.

In some cases, insurance providers allow a free look to consumers. Simply put, this means that you can opt out of a plan during a prescribed period and get your money back should you be unsatisfied with the provider.

If you still are having a problem narrowing down your choices, an insurance broker can help you find the best plans from the best providers that will suit your and your family's specific needs.

The important thing to remember about private insurance is that it is not entirely perfect. In some cases, you may still have to shell out money. Nonetheless, having your family insured allows you to have greater peace of mind knowing that in times of emergencies, your family members can get the treatment they deserve without leaving a massive hole in your pocket

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Choosing the right auto insurance for your vehicle is one of the most important investment decisions you are going to make. As a prudent car owner, you want to base your decision not only on the car insurance quote that an insurance agency provides; you may also need to look at a few other factors to allow you to make an intelligent choice. Here are a few other factors to consider when shopping for an insurance coverage for your vehicle.

The next crucial step for you to take once you receive quotes from insurance companies is to go to your state's insurance department's website; it will have a report on consumer complaint ratios. Consumer complaint ratio reports outline the number of complaints filed against an insurance company per 1,000 claims filed. What you want is to find an insurance company with a low ratio that offers the best price.

Owners of your local auto shops can also give you a recommendation of the best insurance agencies to consider. Shop owners work with insurance companies on a regular basis so they'll know which companies are a breeze to work with and which companies try to scrimp on costs by pushing for aftermarket parts.

Another important factor to consider when choosing an insurance company is to look at the prospective insurance provider's financial standing. After all, you'll have greater peace of mind knowing that the company you choose won't go under, leaving you with nothing when the need arises. In general, this might be a moot point as the largest companies are often on solid financial ground. However, if a small insurance agency catches your attention with its price and its coverage, then this step becomes more crucial.

If you are still confused about which insurance company to choose, you can enlist the aid of an insurance agent. There are two types of insurance agents you can work with: a captive agent that works with only one insurance company, and an independent agent that works with numerous insurance companies. While there are several advantages and disadvantages among these two, you can benefit from getting their services because they can effectively gauge which insurance plan works best for you based on their consultations with you.

By taking these factors into consideration, and taking your time to study your options, you are assured that your needs will be adequately met when an emergency or accident involving your vehicle arises.

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Driving a vehicle is not just leaving your home and reaching your target destination. Between point A and point B, a lot of things can happen — things that can compromise your and your passenger's safety as well as the condition of your vehicle. In the same way that a prudent person would get health insurance to prepare for an unforeseen health issue, or a homeowner would get home insurance to protect his property against natural and man-made calamities, a prudent car owner understands the benefits of getting car insurance.

But before you approach an insurance agency in Newark, Ohio, here are a few things to consider:

First, your choice of the type of vehicle insurance to get will be influenced by two factors: your lender's insurance preferences and your ownership. If you financed the purchase of the car through the help of a lender, know that some lenders prefer that you take a comprehensive insurance package for the vehicle. If, on the other hand, you purchased the car outright or you borrowed money from a friend or a relative, then you are free to choose which insurance scheme to get for your vehicle, taking in consideration the requirements of the state where you live in.

Essentially, there are three kinds of car insurance coverage to choose from. Liability insurance will cover for the damage caused by the car owner. This will include damage to property as well as injury of the other party involved. Collision insurance, on the other hand, will cover for the repair of a vehicle after an accident. Take note that insurance agencies have a list of approved auto mechanics where you should take your car to be serviced. Finally, a comprehensive insurance policy will cover for natural disasters like floods as well as other incidences like fires, theft and vandalism.

When you consult with an insurance agent regarding the best type of vehicle insurance coverage to get, he will ask you a few questions to determine which will be best suited for your particular circumstance. These may include questions about your driving habits, the proximity of your workplace to your home as well as hazardous conditions that you may face on your daily commute.

Once an insurance plan has been determined by the agent, it is crucial to read the fine print — particularly which areas are covered and which are excluded so that you can make the necessary adjustments.

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Posted by on in Life Insurance

The business of insurance is risk management. Because of this, life insurance premiums greatly vary in cost depending on different factors affecting the life expectancy of policyholders. For instance, since men generally have a shorter life span than women, they have to pay higher premiums when they buy life insurance. The same is true for seniors; understandably, young people have lower premiums than they do.

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Typically, to determine the premium amount for policyholders, the insurer has to verify their status and health by checking on the medical history of their family, their individual lifestyle, and their current physical condition. Since most insurers require that their applicants undergo a physical exam, it’s very important to provide truthful answers to their health questionnaire. In the event that a person is discovered to have provided false information, his or her policy is completely nullified.

The logic behind the cost of a life insurance premium is but the basic principle; it gets a bit confusing when you have to decide on the best premium policy for you. It all depends on your particular needs and your financial capabilities, but you mainly have to go with one of two choices: guaranteed or reviewable.

With regard to long term plans, most insurance consultants would recommend a guaranteed premium. Such a premium plan ensures that you’ll be paying the same rate until the end of the term regardless of the financial state of the insurance company. As expected, this type of premium normally starts at a higher rate than the reviewable type.

A reviewable premium is cheaper as a rule since it is typically offered to those with a tighter insurance budget. Agents recommend this sort of premium plan to those who want insurance but cannot commit to a locked rate. Policyholders who opt for this kind of premium have their rates updated upon reviews carried out in determined intervals. Rates normally increase as time goes by, but they start out much lower than those in a guaranteed premium.

Of course, there’s low cost whole life insurance, which is the most popular life insurance policy available. It is basically a plan into which a policyholder makes regular payments to provide protection to beneficiaries over the course of his or her life. It involves a set amount of coverage which cannot be cancelled. Premiums start out high, considering the policyholder’s statistical risk of death, but since they are fixed, reserves are built up over time, assuming that death does not occur prematurely. As risk of death becomes higher with age, payments then become comparatively low.

Choosing a premium plan really depends on you as an individual. Consultants can help you determine which is best for your own needs and financial status.

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    10 E. Locust Street
    Newark, Ohio 43055
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    740-392-9888