How do I choose a life insurance policy in Baton Rouge?

If you are in the Baton Rouge, LA area, it is very important that you carefully consider all of your personal insurance needs. One form of insurance that you will need to consider getting is life insurance. If you are going to get a life insurance policy, it will help to ensure that your loved ones are protected. There are several tips to follow that can help someone in this area to choose an appropriate life insurance policy based on their personal needs.

Consider Coverage Needs

One of the most important factors to consider when you are looking for life insurance is the amount of coverage that you need. This can be a complicated factor to determine as it is very personalized. It is important to carefully consider all of the future financial needs that your dependants could have. Based on this assessment, you will be able to determine how much coverage you need when shopping for a policy. 

Choose Type of Policy

It is also important to consider the right type of policy. The two most common options are term and whole life insurance. With a term life policy, you will receive coverage for a specific period of time. With this policy, your premiums are normally lower than with other options. With whole life, your premiums will likely be higher, but you will have coverage for as long as you want it and the policy provides investment benefits.

Ultimately, picking a life insurance policy in the Baton Rouge, LA area is a big decision. When you are looking for coverage, you should work with Cordell Insurance. The team at Cordell Insurance can help you to find a policy that provides you with coverage that is right for your situation. 

3 Ways to Protect Yourself on a Boat

Boats can be you and your family’s metaphor for freedom on the water. A chance to connect to each other and to yourself without having to endure all the distractions you’ll find back on land. But for as many benefits as your boat can offer in Baton Rouge, LA, you may need to consider the safety side of the equation a little more to lower the risks of accident or injury. 

Practice the Emergency Plan 

Most boat owners have a vague idea of what they’ll do in an emergency, but that doesn’t mean that they’ll follow their own advice in the heat of a crisis. They may also have friends or family members on the boat who aren’t sure what to do either. Because water is a dangerous element on its own, you really can’t afford to lose any time. Cordell Insurance wants you to be sure of what you’re doing so everyone is confident. 

Don’t Skimp on Safety Equipment 

From life jackets to antitheft trackers, having the right equipment can make all the difference when you’re on a boat in Baton Rouge, LA. If you’re at a loss of what you need, it’s always better to have more than to forego a few items to avoid loading down the boat. 

Have a Solid Boat Insurance Policy 

If there’s a problem on your boat, you need to be able to fix it right away. Accidents may occur that lead boat owners to still use their boats even if they’re in subprime condition. If you want to learn more about how boat insurance protects you from potential disaster, Cordell Insurance can tell you more about what policies will cover and how you can use the benefits to your advantage. Give us a call today to find out more. 

Do you need RV insurance?

Your recreational vehicle, or RV, is not only a vacation on wheels for you and your family but it is a large investment that you have made and will want to protect. Whether you travel the country in your RV or live in it, you will want to ensure you have the coverage needed to replace or repair it if a disaster, accident, or theft occurs.

The state of Louisiana requires that you have liability insurance for vehicles that you own and drive on the roadways which include your RV. Your auto insurance liability policy should cover you while you are driving your RV but it will not cover damages your RV can incur due to an accident, vandalism, or disaster which is the reason you will want to have more coverage on your investment. An RV that is towed and not driven will not be covered under your liability policy at all so you will definitely want a policy that coverages repairs or replacement costs. If you live in your RV, you will need more coverage so that your personal belongings are also covered, much like a homeowner’s policy.

Liability coverage will not replace or repair your RV but will cover damage or injuries you cause in an accident with your RV. Uninsured and underinsured motorist coverage will ensure that if your RV is involved in an accident that is caused by someone without insurance or not enough, damages to your RV will be covered. which covers you for damage or injuries you cause with your RV. Comprehensive coverage will protect your RV even when it is parked from damages caused by vandalism, weather-related events, or a fire.

In Baton Rouge, LA, the agents at Cordell Insurance are experienced and ready to create the RV policy you need to protect your vacation on wheels for years to come.

Understanding Umbrella Insurance

Whether you are in Baton Rouge, LA or Boston, MA, umbrella insurance offers an extra safety blanket for your savings and assets in the event that you are sued for damages that exceed the limits of your liability insurance coverage for homeowners insurance, car insurance, and other coverage types. Cordell Insurance, conveniently located in Baton Rouge, wants to be your go-to stop for any umbrella insurance needs. 

Does Everyone Need Umbrella Insurance?

Typically, umbrella insurance is purchased by individuals that own property, have significant assets, or participate in activities that increase their risk of being sued to include coaching youth sports, being a landlord or volunteering. At the end of the day, umbrella insurance provides extra liability coverage once the limits of the insurance policies that you already hold have been exhausted. Additionally, umbrella insurance covers incidents that typical insurance policies don’t include slander and libel. 

How Does Umbrella Insurance Work?

Let’s say you are involved in an at-fault accident where you roll through a stop sign and hit another vehicle which leads to damage to the vehicle and also significant injuries to two of the occupants. If the total damage is $200,000, but your liability coverage is only $100,000 then umbrella insurance will kick in to cover the rest so that you don’t have to pay anything out of pocket.

Umbrella insurance is typically sold in bundles of $1 million and is relatively inexpensive for the amount of coverage offered. In order to purchase umbrella insurance you must already have auto or property insurance and have a minimum amount of coverage on these insurances before being eligible for an umbrella insurance policy. At Cordell Insurance in Baton Rouge, LA our friendly and professionally trained team is ready and willing to answer any of your questions. 

Is There More Than One Kind Of Life Insurance?

Life insurance is like toothpaste. It comes in many varieties. The different kinds of insurance work best for certain purposes. To have the best coverage they can be combined as a package of protection designed to meet one’s life goals.

There is no need to try to attempt complex life insurance decision-making alone. Consult with an expert agent at Cordell Insurance, serving Baton Rouge, LA, and the surrounding areas, to learn more about the variety of life insurance products and the benefits they have for protecting you and your family.

Here are some basic life insurance choices and a brief description of what they represent:

Term Life Insurance

Term life insurance provides a death benefit for a certain period while the policy is in force. It does not build up any cash value. It is most useful for low-cost coverage to have peace of mind that protects your loved ones if something bad happens to you unexpectedly.

Permanent Life Insurance

Permanent life insurance is designed to last the entire life of a person. It can have a flat monthly premium that starts when young and the premium amount never changes over a person’s life, which makes it easy to pay for.

Whole Life Insurance

Whole life insurance builds up a cash value over time. Part of the premium pays for the death benefit and a portion is used as a cash value investment to create an asset that can be borrowed against in the future.

Universal Life Insurance

Universal life insurance has a cash value and also has investment characteristics because a policyholder gets to select whether it has a fixed interest rate or a variable interest rate and makes an allocation of the equities that will be invested in with a part of the premium funds.

Summary

There are many other options to consider that deserve an in-depth discussion with your agent at Cordell Insurance in Baton Rouge, LA. Contact us today to get a quote for all of your life insurance needs.

Boat Ownership: A Simpler Approach For Insurance Planning

Boat ownership can be such a nice way to enjoy the waters with others.  The crystal blue waters with amazing scenic views are incredible to see and those who enjoy boat outings can appreciate this type of recreation.  Preparing to own a boat can be a simple process if you know some of the tips involved.  Serving the Baton Rouge, LA area, Cordell Insurance is experienced helping owners with boat insurance.  The friendly staff is known for good quality service and can show you a simpler approach for insurance planning.

Loading the boat from the waters gets easier and knowing how to pack everything in the storage areas is one consideration.  When considering the boat purchase, you might check out the storage areas and make sure there is adequate room for keeping your water sports gear, food, safety equipment, and any other items you may choose to take with you.  Depending on the amount of time out on the waters, you could understand how much food to take and the best ways to plan for your trip.  Other items such as towels are good to organize for the boat outing.

Be sure to call Cordell Insurance for your boat insurance needs or check the company’s website for more information.  The staff is available to answer your questions.  A good insurance company serving the Baton Rouge, LA area can simplify the process and make planning easier for owning a boat.  Planning ahead can make it easier to prepare for the trip and clean up following your recreation outing.  Boat ownership is just a few steps away with a simpler approach for insurance planning and enjoying outdoor recreation can be a nice way to be thankful for the beauty of the locations you choose.

 

Tips for RV Traveling Alone

If you have finally made the decision to solo travel, congratulations! Your trip will be an adventure and it’s a great time to meet new people and experience new places outside of Baton Rouge, LA. There are actually more solo RVer’s than many people realize, so if you’ve been hesitant about traveling by RV alone-don’t let the fear prevent you from living the dream. One of the main concerns many people have about traveling alone is safety, so to help put your mind at ease, here are a few tops to ensure your safety when traveling alone.

Research the RV Lifestyle

If you’ve never traveled by RV, either solo or with others, it’s important to understand the RV lifestyle. For instance, you’ll need to know how to pack for your trip, where the best campgrounds are and most importantly how to drive and park your RV. There is tons of information available online for solo RV travelers, so spend some time researching the RV lifestyle.

Have a Reliable RV

There is nothing that is going to ruin your trip quicker than a broken-down RV, so plan ahead. Be sure to take the RV in for service a few days before you’re scheduled to leave. While at the service center, talk with the mechanic about how to check the fluids, the air pressure in the tires and what noises to be on the alert for that may indicate a problem with the motor.

Stay Safe

You will meet a lot of people while on your travels, but it is important to use caution when traveling alone. Do not hesitate to talk to people, but be careful about what information you provide. For instance, don’t advertise that you are traveling alone, lock your doors and windows at night and trust your instincts.

Before you hit the road don’t forget to contact Cordell Insurance to make sure all of your insurance policies are up to date. Be sure to make photocopies of your driver’s license, insurance policies, and your itinerary to leave with a family member or friend while you’re away.

Residents of Baton Rouge, LA interested in learning more information about insurance policies for their RV should contact Cordell Insurance.

Umbrella Insurance – A General Overview For Louisiana Residents

Baton Rouge, LA Home of Cordell Insurance

Umbrella insurance is an insurance product that comes in handy just in the nick of time much like a real-life umbrella is used for rain. It’s great to have. Even though you wouldn’t mind if you never used it.

Umbrella insurance companies generally is an extension of an existing policy that covers amounts that exceed a standard insurance policy limit.  Because we get a lot of rain and hurricanes in this area having added umbrella insurance as an extension of your home insurance may be a great idea. If you suffer tremendous loss as a result of any event, umbrella insurance will open up just like a huge and colorful umbrella to make that rainy day just that much sunnier.

If there were a hurricane and there was damage suffered as a result, the umbrella insurance policy would pay over what your standard insurance policy would pay. If the damage was the result of some other weather factor aside from a flood, it would cover the loss. Umbrella insurance by definition covers just about anything that can happen. Speak with an agent today to find out If this is something you should add to your insurance products.

Umbrella insurance can be added to other types of insurance products as well. Personal insurance, as well as commercial insurance products, have standard limits that are set. An umbrella policy can help cover liability that may be incurred. The goal is to protect your personal assets. An agent will be able to tell you where it would be used most effectively.  

Located in Baton Rouge, LA. Call us at Cordell Insurance – 225-767-8840.  Serving the greater Baton Rouge area we can use our decades of experience to help you have a great experience with your insurance company.

Flooding and Water Damage

Flooding can be a serious issue in Baton Rouge, LA., especially during hurricane season. From heavy rainfall to overflowing riverbeds, this area is susceptible to flooding. 

The results of a flood can be devastating. Water does a lot of damage. It enters every crack and crevice and creates a big, soppy mess. The result of a flood is often ruined flooring, destroyed furniture, structural damage, and other water damage. Besides your valuables, you may also lose sentimental belongings, such as family photos, awards, or something passed down along the generations. Unfortunately, water restoration services are expensive and without a flood insurance policy in place, you’ll be left to clean up the wreckage out of your own pocket. 

If you experience flooding, you’ll need to act fast. The longer you wait, the more damage the water will do. It’s recommended to have a cleanup crew at the location within 24 hours because standing water is a breeding ground for bacteria, pathogens, and mold. In just 24 hours after a flood, toxic mold can begin to grow, putting you and your entire family at risk. 

Get a Flood Insurance Policy

When you have flood insurance in Baton Rouge, LA, you will have peace of mind knowing that if something were to happen – whether a hurricane or tropical storm strikes and flooding occurs – you are protected. At Cordell Insurance, our friendly agents will help you find the right flood insurance policy and help you save money, too. We’ll look at the amount of flood insurance you need, compare quotes, and talk about bundling all of your insurance policies under one company to save you money on your premiums. To reach a team member at Cordell Insurance, call us today at 225-767-8840.

5 Reasons to Buy Life Insurance Now

.When you’re young, life seems like a neverending adventure. However, accidents and misfortune aren’t limited to the well established. Here are some important reasons why young people need life insurance policies too.

  • You own a business. Life insurance isn’t just for your dependents. If you aren’t able to fulfill your business obligations, your partners suffer too. A business life insurance policy ensures your colleagues can continue operations if you aren’t able to work. These policies can also be instrumental in convincing investors to see you as an acceptable risk.
  • You’re married. Even without minor dependents, your family relies on your financial support. Make sure your spouse can handle all of your joint obligations by providing them with a sufficient life insurance policy.
  • You like high-adrenaline sports. Snowboarding, racing, and other dangerous sports make it more likely that you’ll end up in a catastrophic accident. With a life insurance policy, you won’t have to worry about leaving behind big medical bills for others.
  • You travel frequently. Life insurance payouts can be used for funeral services too. If you get in an accident while you’re overseas, those funds can be used to help transport your remains back home for a proper burial.
  • You have goals. What do you want from your life? A whole life insurance policy provides a cash reserve that can be used to fund your dreams. Over time, your policy could accumulate enough cash value to help you buy a home, pay for your education, or fund an epic trip around the world.

Life insurance is a vital part of any long-term financial plan. Talk to the experts at Cordell Insurance in the Baton Rouge, LA area for more information on protecting yourself and your loved ones with insurance coverage.