Life insurance FAQs

Posted on March 31, 2022April 7, 2022 by admin

Having questions about life insurance is not unusual. It is not something that generally is talked about. Most people will have no idea if their friends and family know anything about life insurance because it is never discussed. At Rob Hill Insurance Group in Atlanta, GA, we enjoy talking about life insurance. As independent insurance agents, it is part of our responsibility to share our knowledge with our customers.

Do I need life insurance if I am young?

Being young is the best time to buy whole life. You will set the premium at a low price, and it will be with you at that lower cost for your entire life. Your chances of dying are lower when you are young, and you may not have dependents, but it is still the best time to start acquiring life insurance.

Why should I buy life insurance if I get some from work?

Do you know exactly how much and what type of life insurance you get from work? Do you know what happens if you change employers? Can you continue to pay for life insurance? It would help if you had complete control of the protection you get from life insurance and not leave it to your HR department.

How much life insurance do I need?

Life insurance needs are a very personal figure. It is determined by the number of people who count on you for financial support, your income, and how many years you will need to provide that support. Will you need to supply 100% of the support for your dependents, or will they have other sources of income? Experts think that 7-10 years of income is needed if you have children is the average amount.

Contact Rob Hill Insurance Group in Atlanta, GA with all your questions and needs about life insurance.

First-Time Homebuyer? What You Need To Know About Homeowner’s Insurance

Posted on February 7, 2022February 2, 2022 by admin

You’re not necessarily legally required to have homeowner’s insurance when you purchase a house, but if you have a mortgage, you’ll need it. Here, we’ll take a look at what you need to know about purchasing a homeowner’s insurance policy as a first-time buyer.

Consider Your Credit Score.

If you’ve recently worked to pre-qualify for a mortgage, it’s likely that you’re already aware of your credit situation. A higher credit score could mean lower insurance premiums, so keep paying your bills on time and time twice before making any large purchases in addition to the purchase of your new home.

Review Your Policy.

It can be tempting to choose the cheapest policy, but you’ll want to take a close look at everything your policy includes before you agree to make an insurance purchase. Talk with your insurance agent about how to file a claim, whether you have a deductible and the ins and outs of your coverage.

Think About Disaster-Proofing.

Taking measures to make it less likely that your home will be affected by a disaster may lower your insurance premiums. Talk with your agent about upgrades you can make to the new home that may help you get a better deal on your insurance policy.

Ready To Buy A Home? Reach Out To Rob Hill Insurance Group, Serving Atlanta, GA, To Discuss Your Options

If you’re preparing to buy a home for the first time, congratulations! Rob Hill Insurance Group, serving Atlanta, GA, is proud to work with you to help you learn more about your homeowner’s insurance options. Reach out or stop in today to learn more.

Auto Insurance Tips For Teen Drivers

Posted on January 24, 2022February 2, 2022 by admin

The first thing that you need to do when you become a legal driver is to get auto insurance coverage. If you will be driving your parent’s car, then you will need to be added to their auto insurance policy as a covered driver. If you will be driving your own car, then you will need to obtain your own auto insurance policy to drive in Atlanta, GA.

Insurance Requirements for Teen Drivers

Georgia offers a graduated licensing system for teenage drivers that allows them to apply for three different license types, which include an instructional permit, a Class D intermediate license, and a full Class C driver license once they reach the age of 18. Teen drivers are only required to have auto insurance once they obtain a Class D intermediate license.

Teens must carry a minimum bodily injury coverage of $25,000 per person and minimum property damage coverage of at least $25,000. This coverage can either be acquired through the policy of a parent or guardian or the teen must obtain their own auto insurance policy. At Rob Hill Insurance Group, we are happy to guide you through the process of becoming an insured driver.

What Affects Teen Auto Insurance Coverage?

Because teens have such little experience on the road, they are often viewed as potential hazards. Other than their lack of experience, there are other factors that will have an impact on their auto insurance, such as:

Good grades
Maintaining a safe driving record
Paying a higher deductible
Driving a modest car

If you have questions about obtaining insurance for a teen driver in Atlanta, GA, contact Rob Hill Insurance Group. We are true professionals here to save you time and stress in obtaining the auto insurance coverage that will keep your teen driver protected in the event of an accident. Give us a call today.

5 Factors that impact a life insurance policy in Atlanta, GA

Posted on December 13, 2021December 8, 2021 by admin

Life insurance is often misunderstood.

Despite being essential protection for you and your family, many Americans don’t understand how life insurance is even calculated. Yet, it doesn’t have to be a mystery.

Rob Hill Insurance Group can help. In a process known as underwriting, the agency will analyze demographic components to determine what policy is ideal for you. In order to better explain the process, the agency lists five factors that impact life insurance rates the most.

Policy

Payout and length directly influence pricing. Term life insurance, which expires after a set number of years, usually costs less. In contrast, permanent life insurance contains guaranteed benefits, making it more expensive.

Age

New life insurance policies become more costly as you get older. In general, younger people have greater life expectancies and more opportunities to pay premiums. As a result, locking in rates at an early age is encouraged.

Gender

Women typically pay less than men. Again, this is due to life expectancy. On average, women in the U.S. live five to seven years longer than men.

Medical History

Pre-existing medical conditions will increase rates. Insurers will also consider your family’s medical history as well. Chronic illness, like cancer or heart conditions, could result in coverage being denied entirely.

Lifestyle

High-risk behaviors and dangerous occupations can negatively impact your life insurance policy. In addition to looking at your career, agencies will review how you spend your free time too. This could include examining criminal history, driving records, travel overseas, or even your finances.

Contact an agency serving in Atlanta, GA

Life insurance is too important to be overlooked. Rob Hill Insurance Group is here to answer any questions you may have. Their experienced professionals will evaluate these factors and determine the right policy for you. Schedule an appointment today.

Georgia Home Insurance – What You Need To Know About Home Insurance

Posted on November 22, 2021December 8, 2021 by admin

There is an investment in your life that can last for decades to grow in value and have the ability to be left to your children and that investment is your home. Home values rise and fall in relation to the economy and the local housing market. If you make improvements to the house and property over time, these improvements can cause your home value to rise. This rise in value will be exponentially reflected if the other homes in the neighborhood also experience a rise in home values.

This lifetime investment can be wiped out in a tornado, fire, or other events that can take everything you own inside of the home. Now, imagine that happening without the home being insured? It’s the absolute worst-case scenario imaginable for your investment. Insuring your home and investment is imperative to keep your house protected at all costs. Rob Hill Insurance Group in Atlanta, GA can consult with you about your home insurance needs in Georgia today.

Insuring Your Home

Home Insurance is a prerequisite before being approved for any home purchase that requires a mortgage. For those who have paid-off homes, insurance is merely an option to have, but it would be foolish not to have it in place. There are simply too many variables out there to consider between home burglaries, fires, storm damage, tornadoes, and other damages that can affect the home.

Home Insurance covers the immediate home and all contents inside the home. So, it’s a good idea to make a list of all valuables that you own inside the house, including those that are kept in a safe. You don’t have to list every single article of clothing you have, you can simply eyeball the dollar amount on the list. Making this list is good for cataloging purposes and it also gives you a rough idea of how much coverage in a dollar amount that you would need in your home insurance policy. You can also purchase liability coverage to protect against any accidents on the property outside of the home.

More Information

You can learn more information about home insurance in Georgia by contacting Rob Hill Insurance Group in Atlanta, GA today!

Why basic auto insurance may not be the right choice

Posted on October 15, 2021October 5, 2021 by admin

Drivers in Georgia need to protect themselves from all the driving mishaps that can happen. Traffic in the Atlanta area is horrendous. Basic auto insurance is required by the state of Georgia and while that offers some protection, is it enough to make you feel safe? That is what your local independent insurance agent can do for you, assess your risk and make suggestions. In Atlanta, GA at Rob Hill Insurance Group, we do business the old-fashioned way through word of mouth and providing personal service to our clients.

Basic auto insurance in Georgia is liability coverage. The required amount is 25/50/25. That provides $25,000 for medical expenses and injuries for one person in an accident and a total of $50,000 for the complete accident. Another $25,000 for property damage. While this is adequate, if you have a lot of assets, it is not nearly enough to really protect you.

Liability coverage for those with more financial worth should be considerably higher than the minimum amount required. Adding an umbrella insurance policy is also something that should be considered.

While basic insurance takes care of others you may have an accident with, it does nothing to protect your vehicle. Collision coverage protects your vehicle in an accident where you are at fault. If your vehicle is stolen, vandalized, or damaged by something beyond your control, you will need to have comprehensive coverage, which also usually includes glass coverage.

If paying for the repairs to your vehicle would not be a problem for you, then basic insurance is the right choice, but if like most people, the expense would be difficult for you to manage, then having a fully-loaded auto insurance policy will provide you with the peace of mind you need.

Contact Rob Hill Insurance Group in Atlanta, GA for all your auto insurance needs.

Term vs. Whole Life Insurance

Posted on September 30, 2021October 5, 2021 by admin

At Rob Hill Insurance Group, many of our finest Atlanta, GA clients have heavily debated the nature of term life and whole life insurance policies. We understand this confusion and can help explain the different options that may be necessary to consider in this situation.

Term Life Insurance: A More Limited Option

Your term life insurance policy is more limited in the sense that it does not last as long as whole-life insurance. In other words, your policy is usually set for a term of 10-30 years, depending on your policy. Why would anyone want a policy that didn’t last their whole life?

Typically, term life is a good option for people who are already reaching the end of their life. And it is also a strong choice for those who don’t have a lot of money to spend on a policy. A good term life policy still offers high-quality compensation, making it an excellent choice for many.

Whole Life Insurance: A More Comprehensive Choice

By contrast, full life insurance is designed to last your entire life. As a result, you can expect this type of policy never to lapse, as long as you continually make your policy payments. The downsides do include a higher level of cost and some difficulties getting this type of coverage.

Often, whole life insurance is something designed for younger people or those in better health. People with weaker bodies may find it harder to find this type of coverage. That said, it may also be available in some scenarios, so it is worth considering even if you’re aging towards your senior years.

Don’t Neglect Your Insurance Needs

Which type of life insurance seems more suitable to your needs? If you still aren’t sure, it might be time to reach out to us at Rob Hill Insurance Group to learn more about your Atlanta, GA options. We work closely with all our customers to help improve their chances of satisfaction.

Protect Your Home and Your Family with Home Insurance

Posted on August 16, 2021August 1, 2021 by admin

One of the most valuable things a homeowner can have is insurance to protect their property in the event of unexpected damage, or worse.

Owning a home in Atlanta, GA is a big accomplishment for many families. As one of the fastest-growing metro cities in the country, Atlanta attracts more people every year and the demand for homes understandably rises with the population growth.

If you’re in the surrounding Atlanta, GA area and are looking for protection of full coverage home insurance, Rob Hill Insurance Group can more than meet your needs and provide the peace of mind in knowing that your property and your family are protected.

How Home Insurance Can Protect You

While most lenders require home insurance in their mortgage agreements, home insurance is a necessity to protect the financial security of homeowners.

Buying a home is a wise investment decision, and it’s one that should be protected as much as possible. Investments are a solid financial move for your long-term security, but they can involve some risk. If there is a way to protect yourself from those risks, wouldn’t you? That’s what home insurance can offer you.

The coverage will vary from homeowner, property, and individual needs, so you should make sure you’re working with an insurance expert when you select a plan.

If you’re in the Atlanta, GA area and are seeking advice about home insurance and your options for coverage, don’t hesitate to reach out to the experts at Rob Hill Insurance Group. We’re here to help answer your questions and provide support and peace of mind that your biggest investments are well protected and fully covered from whatever life may throw your way. Reach out to us today.

Why You Need Auto Insurance

Posted on July 28, 2021August 1, 2021 by admin

While auto insurance is mandatory in Georgia, is that the only reason you invest in car insurance? The answer is no. When you buy auto insurance from Rob Hill Insurance Group, it protects you in many ways. Want to find out? Here are the reasons you need auto insurance in Atlanta, GA and its environs.

Liability protection

You might be careful on the road, but accidents do happen. And when you are liable for accidents, you could face bodily injury and property damage costs. Without car insurance, you will have fork out these expenses from your pocket. Worse yet, if lawsuits come knocking, they can quickly wipe out your hard-earned assets.

Asset protection

Every time you think about driving without car insurance, think about your car. Can you afford its repairs or replacement from your pocket? Is it worth risking car insurance, yet it can repair your car when accidents occur?

Whether your car is old or new, it’s valuable to you. As such, it makes money to protect it with car insurance when the unthinkable happens.

Medical payments

When auto accidents strike, it’s not uncommon to suffer injuries that cost thousands of dollars to treat. Without a health insurance plan, you will have to cover these expenses from your pocket. Thankfully, auto insurance can cover medical expenses following a car accident.

And unlike your health insurance plan, PIP or Medpay has broader coverage. For instance, it covers partial loss of income and funeral expenses- things that aren’t covered by a typical health insurance plan. Besides, auto insurance covers injuries for you and your drivers, regardless of who was at fault.

Buy auto insurance today!

If you have been having second thoughts about car insurance, you can see the benefits you are missing out on. The good news is that you can purchase car insurance today from Rob Hill Insurance Group, serving Atlanta, GA, and its environs.

Why You Need a Life Insurance Policy

Posted on June 24, 2021June 24, 2021 by admin

Understanding why you need life insurance can be complex at times, especially if you do not know what you specifically want. However, there are various benefits why you should consider having life insurance, especially if you want to protect your loved ones from financial loss. That is why Rob Hill Insurance Group of Atlanta, GA explains why you need a life insurance policy.

For Peace of Mind

At one point, we will all pass away, but we do not know when. And as much as money cannot replace a person, it protects us from life’s uncertainties. It gives you and your family peace of mind, knowing that they will be well taken care of when you are gone. It offers your beneficiaries protection from the unknown and helps them get through a difficult time when you pass away.

Protect Family and Loved Ones

If you are the sole provider in your family, getting life insurance is advisable. This is because when you pass away, the payout will help replace your income. It is especially vital for parents with young kids who will have a difficult time sustaining their living standards when they no longer have access to the income they had before.

Leave an Inheritance

If you do not have assets to pass on to your loved ones, having life insurance is one way of building an inheritance to leave behind for your heirs. This gives them a solid financial foundation for the future when they will need the money.

Financial Security

Like any other concerned parent, you want to know that your kids will be well taken care of when you are gone. You want them to get a quality education or have some money to start a business with. Therefore, with life insurance, you create that additional coverage that is important even when your kids are still at home.

Pay Off Debts Plus Other Expenses

Apart from your family having income to cover the daily expenses, they can also use the death benefits to pay off any debts you had. For instance, if you are still paying the mortgage on the house, they will have money to pay off the remaining balance. Other debts can be credit cards or car loans.

The above reasons can help you understand why you need life insurance. If you reside in Atlanta, GA you can reach out to Rob Hill Insurance Group for assistance in choosing a suitable policy.

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