Can Roomates Share A Renter’s Insurance Policy?

Whether you are a homeowner or a renter Sage Insurance Services Inc. located in Las Vegas, NV will be able to aptly help you define exactly the right policy to fit all of your needs. Generally, renters insurance is for individual renters. However, roommates are able to have joint policies as long as they are documented as being on the policy. The documentation of a roommate is crucial because the insurance benefits will not automatically apply to the roommate if they are not related to the renter who is on the policy. 

Acquiring renters insurance is a smart move because it can protect you in the event of a robbery or some other stipulated circumstance that can occur that causes you to lose your property.  Some landlords require you to carry renters insurance in order to live on premises.  When you decide to rent a property with a roommate sitting down and having a conversation about renters insurance is in order.  The bottom line is that if you own valuable items and plan to store them in your rental space renter’s insurance will protect you. 

 The agents at Sage Insurance Services Inc. have been trained especially to help you determine what is going to work best for you. In addition to renter’s insurance, we are professionals in auto insurance, home insurance, life insurance, boat insurance, motorcycle insurance, trailer insurance, all-terrain vehicle insurance, as well as toy insurance which includes Jet-ski‘s. No matter what facet of your life needs protection we will be able to guide you to the very best policy to protect you. 

Call today to find out how we can formulate an appropriate renter’s insurance policy to fit your needs. Our telephone number is 702-547-1900 and our offices are located 1081 South Cimarron Rd STE. B-5 Las Vegas, NV.,

New Motorcycle Owner? Here’s What You Need To Know About Insurance Coverage.

If you’ve recently bought a new motorcycle, you’re probably eager to take it out for a spin around Las Vegas, NV, right? Hold on! You may think that the only protection you need is your safety gear, but if you don’t know the basics of motorcycle insurance coverage, your bank account could take a serious hit. Here’s what you need to know from the insurance experts at Sage Insurance Services Inc. 

Why Buy Motorcycle Insurance? 

Nevada state requires standard motorcycle insurance coverage by law, the same as if you are driving a car. And, if you have a lease or loan, your lender will usually require coverage as well. Motorcycle insurance can protect you from losing your Las Vegas, NV home, life savings, or both if you are deemed responsible for an accident having caused personal injuries or property damage. Your policy may also cover your medical bills if injured, damage from vandalism, and theft. 

What Types Of Motorcycle Insurance Are There? 

Liability insurance is the coverage legally required that most people think of when they think about insurance. There are two liability insurance categories: 

Bodily injury liability: This pays for any medical bills, pain and suffering, or loss of wages for people you kill or injure due to an accident that you cause or contribute to.  

Property damage liability: This pays to repair or replace any property of others you cause damage to during a collision, such as telephones or cars, and will help pay defense costs if you are sued due to a collision.  

You may want to consider buying more than the minimum amount of coverage required, and optional coverage such as uninsured/underinsured liability. One minor accident can cause a serious dent in your finances. If you have assets to protect, you’ll want to make sure you’re protecting them. To find the perfect motorcycle insurance policy to cover you and your new ride, call Sage Insurance Services Inc. Today.

Can Lifestyle Changes Affect Your Auto Insurance?

Lifestyle changes such as retirement, marriage, divorce or parenthood can affect your auto insurance. Lifestyle changes can alter your driving routine or habits, which may increase or lower your insurance costs. Changes that cause you to use your vehicle more could result in an increase in coverage. In like manner, if you use your vehicle less, you may be able to get by with less coverage.

If major lifestyle changes are in your future, talk to an agent at Sage Insurance Services Inc. in Las Vegas, NV for help in adjusting your auto insurance coverage. Here are a few examples of how lifestyle changes can alter your policy.  

Retirement

After retiring, you may use your vehicle less as you won’t be traveling to and from work on a daily basis. This could make you eligible for reduced auto insurance prices. As a senior, you may also qualify for lower insurance costs, especially if you have a good driving record.

Marriage

Marriage could qualify you for a multi-car discount by adding your spouse’s vehicle to your policy. If you own a home in Las Vegas NV, you can further reduce auto insurance costs by bundling it with your home insurance policy. On the flip side, if you get divorced, you may need to remove someone from your policy, which will reduce your insurance costs.

Parenthood

Having a baby may help you improve your driving habits, which will save you money on your auto insurance. You may also decide to buy a new family car, which could drastically alter your coverage, depending on the vehicle you buy.  

At Sage Insurance Services Inc. we can meet your auto insurance needs at any stage of your life. To learn more about your auto insurance options and costs, contact our Las Vegas office.   

Is It Too Late To Buy Life Insurance?

Aging has a way of sneaking up on us. One day you’re graduating from school and starting your life. The next, you’re making plans for retirement. What happens if, while attending to the daily business of life, you forget to buy life insurance along the way? Can seniors in the Las Vegas, NV area still benefit from a life insurance policy?

Can I Qualify for a Term Life Policy?

Companies like Sage Insurance Services Inc. offer term life insurance policies that cover a specific number of years. Seniors over the age of 75 will probably have a hard time finding this type of coverage. However, those who haven’t reached that level of maturity can still gain great benefits from term life coverage.

What About Whole Life Coverage?

Whole life insurance policies are designed to cover you until your death. There are very few restrictions related to age for these policies. For that reason, seniors who have neglected their insurance coverage are more likely to be accepted into these funds. These policies do accrue cash value over time that subscribers can use for emergencies and other investments. However, depending on your life span, you may not have enough time to gather enough cash in the fund for your own use. Any extra cash will go to your dependents.

What Can I Do With My Life Insurance Policy?

  • Pay final expenses. The Social Security death benefit is never enough to pay for burial expenses. Your life insurance policy will provide your dependents with enough cash to give you a proper going-home ceremony.
  • Pay other financial liabilities. If you still owe money on your home, automobile, or businesses, funds from your life insurance policy will help your surviving dependents pay these off so they aren’t burdened by debt.
  • Provide for your family’s future. The money from your life insurance policy can be used to pay for education, moving expenses, or as a nest egg for surviving adult dependents.

Sage Insurance Services Inc. offers life insurance policies for residents of all ages in the Las Vegas, NV area. Contact us to find out more about your late-life insurance options.

Does The Holiday Season Put Your Business at Higher Risk?

The Holiday Season is the busiest time of year for may businesses even if they are not retail. There are many inherit risks when it comes on increased productivity, however there are also holiday specific risks a business owner should be aware. At Sage Insurance Services Inc. we want your business to be fully protected from loss year round. We serve Las Vegas, NV and the surrounding areas. 

Business Risks Unique to the Holiday Season

  • Theft is an increased risk during this time of year. in retail, the larger amount of people in and out of your business increases the risk, but even in other businesses, there are higher levels of theft from employees and other people. Offset this risk with increased security, and awareness. Also, a risk when it comes to theft within a business is employee injury be sure to educate your employee about not putting themselves at risk in the heat of the moment if there is a theft or robbery. 
  • Holiday parties are a perk of this time of year. They are a great way for your employees to get to know each other better and build moral across the company. However they do pose certain risks and drinking on company property should be kept to a minimum, even better for your liability issues would be to rent a room in a local restaurant or hall. 
  • The roads can be increasingly hazardous, even in areas without snow. this is due to increased traffic from shoppers, family visiting each other, and tourist in Las Vegas. Be sure to educate your employees that drive a company vehicle on increased holiday driving awareness. 

Contact us at Sage Insurance Services Inc. for more information about your business liability during the holiday season. We serve the people of Las Vegas, NV and the surrounding areas. 

 

Auto Insurance for Teens with Permits

Having a learner’s permit is like a rite of passage for teens. While it is an exciting time for your teenager, it can be scary for the guardians or parents. Do you understand the reservations you have when you think of auto insurance? It is possible for your teenager to get behind the wheel as a young driver with auto insurance from Sage Insurance Services Inc. Read on to learn more.

Why consult with your insurer

Circumstances and insurance needs vary. Therefore, you need to talk to your insurance company instead of just assuming that your teenager is covered under your policy. In fact, if you don’t do that, you may end up paying a lot of money out-of-pocket for a loss that you assumed was covered under your auto insurance policy.

It is possible to get auto insurance with a permit?

In some circumstances, you can get a separate policy for your teen driver. This is another issue that you need to consult with your insurer about. When you double check with the insurer, you’ll get more information concerning the circumstances that may require your teenager to purchase a separate policy using the learner’s permit. For instance, your teenager may be required to purchase a separate policy if he or she owns the vehicle registered under his/her name. Moreover, this is an opportunity for you to discuss with the insurer on how to get the best coverage for your daughter or son when the full license is obtained.

How to pick the right learner’s car

It is important to know the type of car your teen will be driving while learning. If there is more than one car in your household, you should relegate the least flashy car with the highest safety rating to your teen during the learning period. Insurance companies tend to recognize muscle family cars built to go fast. So, to help reduce premiums, consider the car with the least insurance premiums. In other words, your insurance rates can increase significantly if your licensed teen is added to your auto insurance policy.

You can make significant savings on your auto insurance by making wise decisions in Las Vegas, NV. Are you considering adding a learner’s permit to your auto insurance? Contact us today at Sage Insurance Services Inc. for more information and guidelines on how to go about it.

 

3 Common Causes Of House fires

What’s your greatest nightmare as a homeowner?

If unexpected disasters like house fires top your worry list, that’s no surprise. those are valid concerns, even if you do have homeowner’s insurance from Sage Insurance Services Inc.

In 2015, 3280 deaths occurred as a result of house fires in the US alone. In a dry climate area such as Las Vegas, NV, the fire risk is significantly higher. Here are the top 3 common causes of house fires.

1. Cooking Accidents

Have you ever left your stove or oven on unattended?

Its an innocent mistake: You figure you’ll just step outside or to the next room for a second while your meal is cooking. An open flame or an oven left on is never safe if unsupervised, though.

If you’re cooking, stay in the kitchen until your stovetop and oven are off. Also, don’t attempt to fight a kitchen fire yourself unless you have a fire extinguisher on hand. Never fight a grease fire with water.

2. Faulty Appliances and Bad Wiring

Is the wiring in your home up to code?

The second most common cause of house fires is an electrical issue, either due to a faulty appliance or bad wiring. Large appliances such as clothes washers are major culprits.

Make sure your wiring is up to code by hiring a certified electrician to fix any wiring issues if they arise. Never do the rewiring yourself.

Also, prevent nighttime fires by not running major appliances right before bedtime. According to this house fire statistical data, 50 percent of house fires happen during the night. Most nighttime fires yield bedroom fatalities. Before going to bed, turn off all major appliances such as clothes dryers, and disconnect any unnecessary power strips around the home.

3. Open Flames

Do you light candles around your home sometimes?

If so, make sure they aren’t left lit in risky places. If you leave the room, blow out the candle. Most importantly, don’t leave the candle within easy access of pets or children.

Does your Las Vegas, NV home insurance offer a generous house fire policy? Even if you take preventive steps, your home can be susceptible to this type of devastation. A robust home insurance policy can mean the difference between a tragedy and a temporary setback. If you haven’t already, contact a helpful agent at Sage Insurance Services Inc. to explore and buy coverage that will give you peace of mind in your home.

 

________

Sources:

Residential Fire Statistics Infographic

https://www.firedex.com/blog/2015/08/06/residential-house-fire-statistics-infographic/

 

US Fire Statistics:

https://www.usfa.fema.gov/data/statistics/

 

NFPA Report: House Structure Fires:

https://www.nfpa.org/News-and-Research/Fire-statistics-and-reports/Fire-statistics/Fires-by-property-type/Residential/Home-Structure-Fires

What is term life insurance?

No one really wants to think about what would happen after they pass away, but for anyone with a family, this is one of the most important questions that need to be answered.  While your loved ones will never be the same after losing you, they will also be financially vulnerable.  In addition to losing your income, they may also have to contend with medical bills, legal fees, and other expenses.

In order to pay these bills, your family will probably need to rely on the funds received from a term life policy.  These policies are priced relatively cheaply and are good for a set period of time.  During that time frame, the policy would pay your survivors the value of the policy in the event of your death.

Term life policies are usually purchased in ten year increments.  For many young people, the risk of dying is fairly low, so the overall cost of these policies is much cheaper than other forms of life insurance.  That makes them an ideal choice for young families that are on a budget.

A term life policy can provide a lump sum payment to your loved ones that can cover any outstanding bills and leave additional funds to support your family until they have time to adjust to your loss.  This money can be used to pay off debt or it can be invested to provide a lifetime of income.

If you’re a resident of the Boulder City, NV area and you’re thinking about buying life insurance, contact the professionals at Sage Insurance Services Inc.  They can help you find the policy that is right for you.

Three Things You Should Know When Purchasing Boat Insurance

Purchasing an insurance policy for a boat isn’t always as easy as obtaining insurance for an automobile. Many insurers will not underwrite policies for boats. Other insurers want to charge an exorbitant premium for very little coverage. If you are looking for an insurance policy to cover your boat, keep the following three tips in mind as you comparison shop for the right policy at a price you can afford.

Minimum Coverage Isn’t Always Enough

Many states have laws on minimum coverage amounts; these amounts may not always be enough if an accident happens. Look at your overall financial picture and determine how much coverage you need to protect yourself in the event that an accident happens with injuries to other people and damage to property. Then select your coverage amounts and deductibles accordingly.

Types of Coverage Needed

Your boat is not the only thing that needs insurance coverage. You should purchase a policy that includes coverage for damage to property other than your boat, including other watercraft. You should also obtain coverage for injuries to yourself and others involved in an accident.

Cheapest Isn’t Always Best

Many people will select a boat or automobile insurance policy based on which policy has the cheapest premium amounts. This can involve exorbitant deductibles that can cause a hardship in the event of an accident. Select your policy based on coverage amounts and overall costs in the event of an accident. Don’t let the upfront premiums be your deciding factor.

If you are in the Las Vegas, NV area and you have a boat that needs insurance coverage, Sage Insurance can help. Visit online to get a boating insurance policy with more than the state minimum coverage at a price you can afford. Then go out and enjoy your boat with the peace of mind that comes from having all your affairs in order.

The Importance of Updating Your Insurance Policies

Here at Sage Insurance Services Inc. of Las Vegas, we want to make sure our clients have the absolute best coverage at all times. It is our job to ensure that you feel safe and taken care of as customers. One of the things that can help you stay at the best position possible with your coverage is occasionally updating your policies. While you may have started on the best plan for you, there may be an even better option for you now!

Regardless of the type of policy, over time things in your life change that could affect your insurance coverage. If you have made changes in your home that add safety features or substantial value to your home, your current policy could be out of date. Reevaluating could find you a cheaper rate, better coverage, or even discounts to add. A better premium is always a bonus, but making sure you are adequately covered could save you even more. If you have made a new large personal purchase or added on to your home, you don’t want to wake up one day to find that those things weren’t covered on your initial policy.

The same goes for your auto insurance. If you are thinking about purchasing a new car, check into how this will affect your premiums. Once you have made the purchase make the update immediately! You don’t want to drive your gorgeous new car one single day without making sure that it is 100% covered! New drivers in your household mean an update too. Teen drivers can increase your premium by quite a bit, but they can also qualify for discounts like a “Good Student” or “Drivers Education” discount.

What is available to you at any given point can change or fluctuate with your own life and you owe it to yourself to keep all your insurance policies up to date. If you don’t ask you’ll never know, so make sure to give one of our fantastic Sage Insurance agents a call to see what they can do to help you make your policies work better for you!