Is health insurance worth the money? What does it do? Fond du Lac | Ripon | Oshkosh

Monday, February 10th, 2014

No politics here, just a look at our current situation. Health care in America is expensive and very good. Healthcare.gov cites an average 3-day hospital stay at $30,000 or a broken leg costing up to $7,500. Insurance is protection against accidental financial catastrophe, ex. deep debt or bankruptcy.

When you buy health insurance, you sign up and pay money into a “community health pool”. If a community member has a health event, the community reviews the event and pays from the pool. Some events are totally covered, some are partially covered.

Just as your health needs change over time, your health plan can change over time. Your plan can be as individual as you are. Young adults have very different expected health care costs than mature Americans.

Everyone has four health insurance options: 1. Take the health insurance provided by your employer (if available), 2. Purchase health insurance from the private marketplace (call your agent), 3. Purchase health insurance from the public marketplace (go to Healthcare.gov), 4. Choose not to have health insurance and pay the government fee.

**Contact a Behnke Insurance Agent for details**

Is home insurance worth my money? What does it do? Fond du Lac | Oshkosh | Ripon

Wednesday, February 5th, 2014

When you buy homeowner’s insurance, you sign up and pay money into a “community accident pool”. If a community member has an accident, the community reviews the accident and pays for the accident from the pool.

Home insurance gives you property coverage (your stuff) and liability coverage (other people’s stuff). The most common property losses are hailstorms, water and freezing, fires, theft and jewelry losses. The most common liability losses are dog bites, trampoline injuries and injuries to people.

If you have a mortgage on your home, the bank’s contract will require you to have insurance. They want to make sure that if your house burns down, their loan to you will be paid back. This is the best reason to have home insurance: in the event of total loss, you want to get back on your feet.

Is home insurance worth it? Of the 50 states, Wisconsin has the 4th least expensive insurance. For most people, owning a home is the largest financial decision in a lifetime. Insurance is protection against accidental financial catastrophe.

**Contact a Behnke Insurance agent for details**

Homeowners Insurance | Plymouth | Fond Du Lac | Oshkosh

Wednesday, November 13th, 2013

Homeowners Insurance Oshkosh: What Are The Homeowners Insurance Mistakes You Should Avoid Making?

Homeowners Insurance Oshkosh: When you are searching for homeowners insurance in Plymouth, Fond Du Lac, Oshkosh, Waupun, Ripon or anywhere else, you might be prone to making the same mistakes a lot of people do. Don’t worry, this article will show you how to avoid making those mistakes… and how to find the best personal insurance out there.

Trust me; that perfect insurance is waiting for you. All you have to do is find it… and it’s easy if you avoid making these mistakes:

  1. You’re not getting additional coverage? Oh, boy, that is one big mistake to avoid. Even if you DO have homeowners insurance, chances are your policy doesn’t cover… flooding, for example. In most cases flooding and natural disasters represent an entirely different kind of insurance.
  2. Have you just given up flood insurance? There it is: mistake number two. Just because you think you live in a flooding-free area, you might be wrong. Take the example of super storm Sandy. Is that proof enough that flooding CAN attack an area which is not normally prone to … flooding?
  3. Is price your only decisive element in purchasing personal insurance? Well then, we have a problem. Because the insurance you NEED is not the insurance you are willing to pay for. Because the insurance you NEED is probably a bit more expensive than what you are willing to pay. And you’re not really saving money, because when disaster strikes… well, you’ll have to pay for it. And your insurance will not cover it all…

If you’ve just insured your property for its real estate value, rethink your strategy. Rather, think about homeowners insurance as a means to help you rebuild your home (if need occur). A better way to save is to raise the deductible.