What type of life insurance is right for me and my situation?

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Anyone living in the Cloquet, MN area will have insurance needs. One type of coverage to never overlook is life insurance. If you have a life insurance plan, it can provide financial protection for those that you care about. If you are looking for coverage, there are many options to consider. It is important to consider your various options, which can include term and whole life protection.  

Life Insurance Plans

Term Coverage

A type of life insurance that is ideal for many people is term life coverage. A term life plan is often ideal because you have a lot of flexibility when it comes to customizing the plan in terms of coverage amount and policy length. As long as payments continue to be made during the term, you will continue to have coverage. An added benefit is that you tend to have more affordable premiums than with other options.

Whole Life Coverage

Getting a whole life plan is ideal for some people as well. When you get a whole life plan, it will continue to provide coverage for the rest of your life if payments continue to be made. While it can be more expensive on a monthly basis, it does come with investment advantages that can make it a good addition to a long-term financial plan. 

Give Us A Call

To pick the proper life insurance plan, it would be a good idea for you to call a professional that you can trust. As you are shopping for a new plan, we at Brittany Olson Insurance Agency LLC in Cloquet, MN are here to help. There are many choices to make when looking for coverage and Brittany Olson Insurance Agency LLC can offer any guidance you need to understand your options and build an ideal policy. 

How Home Insurance Protects You

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When you have your own home, it’s always necessary to keep a home insurance policy for it. Your lender will require you to have it, and if you have a homeowner’s association, it will as well. But even if you have neither of these things, it’s smart to have home insurance to protect what is your largest investment. Contact us at Brittany Olson Insurance Agency LLC in Cloquet, MN to get started.

Protection for Your Home

Your home is a major investment, and it can cost an enormous amount to repair if a damaging incident happens to it. When an accident, disaster, or calamity happens to your home and there is damage to it, your home policy will pay for the repairs that are needed to fix it. If the home needs to be rebuilt after it is destroyed, your policy will also pay for this. 

Possessions Protection

Another large investment that you have in your possessions. When your belongings are in your home, they are protected by your home insurance policy. It’s vital to have this coverage so that you have protection after a serious incident happens. A damaging incident that ruins your belongings can be highly expensive, and your home insurance will pay for them to be replaced. It’s hard to go without this coverage because it is so important to keep. 

Liability Protection

When you have home insurance, it pays for the liability that you carry as a homeowner. If a third party came to your house and have an accident there, you could be held responsible for the lost wages and medical bills of the person injured. With this insurance, you can help pay for those expenses. 

Get Your Home Covered

When you are a homeowner, it’s important to protect yourself and what you own. You can do that with home insurance. Call us at Brittany Olson Insurance Agency LLC in Cloquet, MN.

 

Documents you should always have in your vehicle

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At Brittany Olson Insurance Agency LLC in Cloquet, MN, we are a team of dedicated insurance professionals who work hard to provide our customers with the personal service they deserve.  As independent insurance agents, we can offer more options and find you the most affordable products.  

Documents you should always have in your vehicle

Every state has regulations and requirements in order to get your vehicle on the road and you behind the wheel. You need to be aware of those regulations but you need to follow them every time you drive your vehicle. 

Vehicle registration

If you have moved to Minnesota or are a current resident, you must register your motor vehicle. For new residents, you must prove who you are and prove ownership of the vehicle. You can do that by producing the title of the vehicle. If you don’t have the title because you still have a loan, you need to show your current registration. The Minnesota vehicle registration must be renewed every year. 

Your driver’s license

Your driver’s license should be on your person pretty much everywhere you go. Not only is it a picture ID but it shows that you have completed the necessary testing to have earned the right to drive. If a police officer requests to see your driver’s license, make sure that you have it where it is easy to access.

Insurance card

When you get your new auto insurance or you renew your old insurance, you will get a page with your policy that has a copy or two of your insurance card. If possible, place it in a plastic sleeve and put it in your glove box immediately. Place it in close proximity to your vehicle registration. 

Contact Brittany Olson Insurance Agency LLC in Cloquet, MN for the latest information about auto insurance and the state mandates that go along with it. 

Common Life Insurance Misconceptions

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Brittany Olson Insurance Agency LLC serves the Cloquet, MN community, as well as the surrounding areas. We strive to offer high-quality customer service. We are committed to helping our clients find policies that align with their unique needs. We will consult with you and help you assess your options so that you can obtain coverage to protect you well into the future.

Common Life Insurance Misconceptions

Life is full of unexpected moments. Life insurance provides a safety net for your loved ones in the event of your passing. While your loved ones deal with grief regarding your passing, the policy can help them settle your affairs or finalize funeral arrangements. This ensures a smooth transition of your assets once you’ve passed away. While looking over your life insurance policy, avoid these common misconceptions.

I Have No Dependents So Coverage Isn’t Necessary

Obtaining life insurance is beneficial regardless of your relationship status. Even if you’re single, life insurance can help your loved ones settle your affairs if you pass away. The policy also gives you an opportunity to leave a legacy behind. Life insurance can prevent you from leading your loved ones to handle a burden.

My Children Are Adults Now So I Don’t Need Coverage

Even if your children have moved out and are pursuing careers in the Cloquet, MN community, life insurance is still an asset. If you don’t have coverage, settling your affairs may become complicated. The easiest way to ensure that everything goes smoothly is through obtaining coverage.

Brittany Olson Insurance Agency LLC Will Help You Protect Your Assets

Contact us today to learn more information about life insurance.

 

What add-ons are available for home insurance?

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Protecting your home in Cloquet, MN, means protecting one of your largest investments. At Brittany Olson Insurance Agency LLC, we want you to understand your home insurance options thoroughly to obtain the coverage you need.

Protecting Your Home

When you purchase a house as your home, you get more choices for your home insurance than if you bought a condo or RV for your home. You can choose one of the three different policies for a house – dwelling, standard, or all-perils. The main difference between those relates to the named perils they cover.

The term peril refers to a natural or man-made hazard that could damage the home or its contents. Dwelling policies cover ten named perils. A standard home policy covers 16 named perils. An all-perils policy does just what it sounds like and covers all possible perils.

You can increase the number of coverages within the liability or personal property coverage amounts up to the maximum allowed by the underwriter. You can also add coverage to any of the types of home policies.

Add-ons and Secondary Insurance

You can add on a jewelry policy or an umbrella policy. You can also include a rider in the policy that increases coverage to include business liability. A jewelry policy provides replacement value coverage for your fine jewelry, such as a diamond engagement ring. The typical home policy automatically includes about $1,000 of coverage for jewelry.

An umbrella policy covers your liability over and above the home policy. The typical home policy covers your liability to between 10 and 20 percent of the home’s value. An umbrella policy lets you increase that coverage by adding a secondary policy to your primary policy, which refers to your home policy. You can add up to $1 million in coverage for just a few dollars per month.

Protect your Cloquet MN  home with insurance from Brittany Olson Insurance Agency LLC. Contact us today to get a policy that protects your home investment.

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