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1000 146th St E, ste 216
Burnsville, MN 55337

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Featured Insurance Blog

Buying Auto Insurance for the First Time: What to Expect

Whether you’re an Eegan, MN resident and you just bought your first car, and you need to insure it, or you’ve never purchased car insurance for another reason, the first time doing so can seem daunting. However, buying auto insurance in or around Eegan, MN doesn’t have to be scary or overwhelming.

Here is a brief overview of what to expect when buying auto insurance for the first time:

Gather All the Necessary Information

You will need various documents in order to buy an auto insurance policy. These documents will consist of your driver’s license and the paperwork regarding the sale of the car. 

Obtain Quotes

Since you don’t want to make a hasty decision and obtain insurance from the first agency you contact, make sure to call several. You can then make a decision based on rates, coverage, and types of insurance offered, and only then can you make a final decision as to which company you plan to purchase a policy from. 

Start Your Policy

Once you’ve decided which insurance agency you like best, you will choose the specific coverage you prefer, pay your premium, and sign your paperwork, if you do things in person. You also have the option of purchasing a new policy online as well as over the phone. Once everything has been finalized, the insurance company can email or fax an immediate copy of your insurance, so you’ll have proof of insurance. You’ll need to carry this in the vehicle at all times. 

We Are Here To Help

As you can see, the process of starting an insurance policy is pretty straightforward. At F.I.R.E Leaders Financial, we try to make the process as easy as possible, whether you’re a first-timer or a seasoned driver. We have been providing top-notch service and affordable rates to our customers at F.I.R.E Leaders Financial for years, and we’re prepared to do the same for you. Call us today for a quote. 

How Whole Life Insurance Works

When you want to leave something for those you will eventually leave behind, it’s important to have a life insurance policy. There are two main types of these policies- whole life and term life insurance. Whole life insurance is a popular type that comes with a number of benefits as well as its own disadvantage- a higher price tag. When you have whole life insurance, you will have something to leave behind to keep loved ones from financial problems.

When you need any type of life insurance, call us at F.I.R.E Leaders Financial in Eegan, MN.

Long-Lasting Coverage

When you get a term life insurance policy, it will expire at the end of its term. The same is not true for a whole life policy. These policies stay in place for as long as you continue to pay for the policy. Instead of expiring, you can keep it no matter what age you achieve. This gives many people peace of mind in knowing that they’re covered for life and never have to buy another life insurance policy. 

Cash Value

Another benefit to this type of policy is that over time, it will build up a cash value. This is an amount that you can borrow later if you ever have a financial emergency and need quick cash. This amount comes from a tiny portion of the profits that the insurance company makes from investing in your premium payments. It can take a few years for this amount to get started, and it will grow with time. This can be a great way to have emergency funds available so that you have less financial worry. 

Get Whole Life Insurance 

If you’re interested in a whole life policy, we’re here to help. Call us at F.I.R.E Leaders Financial in Eegan, MN to learn more. 

How Home Insurance Protects You

If you’re a homeowner, you need to have a home insurance policy that protects both you and your home. These policies can mitigate a number of risks that exist for homeowners, and they can save homeowners from financial ruin. When you’re looking for home insurance, give us a call today at F.I.R.E Leaders Financial in Eegan, MN. 

Risks to Your Home

There are many things that can put your home at risk for damage. These include calamities, accidents, and certain disasters. When any of these cause damage to be done to a home, the policy can pay for the repairs that are necessary. This can save you many thousands of dollars or even more after a serious incident causes damage. Homeowners should never go even a day without this coverage because of the high cost of repairs. 

Risks to Your Possessions

When you have home insurance, it also protects you when your possessions are damaged or destroyed in a covered incident. When a damaging event happens, you may have to replace some or all of your possessions. This can be prohibitively expensive for most people. When you have home insurance, it can pay to replace your damaged items so that you don’t have to come up with the money yourself. 

Liability Risks

You’re liable for whatever happens in your home. That includes the many costs that can be associated with accidents that happen in your home. If someone were to come to your home and get injured there, you would have to pay for their expenses. This can include lost wages and physical therapy as well as medical bills. Home insurance can pay these expenses, so you won’t have to. 

Get Home Insurance Protection

If you don’t have this protection, you need it as soon as possible. To get started, call us at F.I.R.E Leaders Financial in Eegan, MN.

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