Archive for February 2016

Car Insurance Discounts You Might Not Expect

Car Insurance Discounts You Might Not Expect

Know what you may be paying for car insurance.

$762 a year is what the average American spends to insure their car. A lot of times, the rate you pay is based on where you live. Many could be paying less, but don’t realize they are eligible for several discounts that they weren’t aware of.

Here’s a list of average discounts per year for these factors.

  1. Low Annual Mileage – $84

If you drive 7,000; 10,000; or 12,500 miles per year, you may drive a small enough amount to be considered for a discount.

  1. Use of Car – $76

If you only use your car for farming, you’ll receive the greatest discount for this factor.  If your car has a specialized usage, be sure to tell your insurance agent and you may receive a discount.

  1. Renewing in Advance – $61

If you renew an average of 10 days before you would normally have to, many companies offer a discount for this too.

  1. Loyalty – $46

Been with your company for a while? Loyalty is rewarded in this industry.

  1. Owning a Home – $46

Being a home owner, apartment owner, or condo owner can save you some dough too.

  1. Bundling Life Insurance – $30

If you have a different type of insurance policy with the same company, this might earn you some savings as well.

  1. Automatic Withdrawal $30

Business love auto-pay.  This way they know payments have more of a likelihood of being paid on time.

  1. Short Commutes $30

Only go a short distance from home to work. This will earn you points!

  1. Sunday Driver? $30

If you don’t drive every day of the week, this is a big factor in rate assessment.

  1. Car Owner $30

If you own rather than lease, you could receive a discount too.

  1. College Grad $30

Believe it or not, college grads are less of a risk.

For all of your car insurance needs in Austin, Texas, contact the Insurance Agency of Dean Davis.

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What Are the Differences Between Term and Whole Life Insurance?

What Are the Differences Between Term and Whole Life Insurance?

Know the difference between these two life insurance policies.

Term and whole life insurance are both viable sources of coverage, but one of them is probably better for you.  Also keep in mind that you are a changing person and that your needs change as you grow.  What may have been best for you five years ago may not be now.  Here is a guide for you to compare and contrast the differences between term and whole life insurance.

Term Life Insurance

This kind of life insurance is designed to cover you through a specific amount of time when they can’t afford to pay whole life insurance.  There is no cash value, but there is a guaranteed death benefit. The premiums will increase at certain times such as after a year, 5 years, 10 years, etc.

Many people choose this kind of life insurance during the time when their family is growing and as a way to have something in place of permanent insurance during years where financial responsibilities are higher than income.

Whole Life Insurance

As opposed to term life insurance, whole life insurance is made to give insurance coverage plus “living benefits” which includes cash value accumulations—as long as the insurance premiums is being paid on time. The insurance remains valid regardless of health.

In the long run, whole life insurance is better because it covers you for your whole life (hence the name). Once approved, the coverage cannot be taken away as long as premiums are paid.  Even if your health is declining, the insurance will remain in place.

Also, this type of insurance builds cash value, as long as premiums are paid on time. You can use this cash value in the future for any purpose through a policy loan. You can use it to put a down payment on a home, pay for your children’s education, or for retirement!

For all of your life insurance needs in Austin, Texas, contact Insurance Agency of Dean Davis.

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Collecting Costs of Installing a Swimming Pool

Collecting Costs of Installing a Swimming Pool

Before you install a pool in your back garden, ensure that you’re adding up all of the expenses involved.

Although we’re only in February, the summer will be here before we know it! Here in Austin, Texas, our summer temperatures have been known to skyrocket, causing exhaustive heat to all of us.

Many homeowners are already preparing to cool off in the summer sun by installing a new pool, now! A pool provides summer enjoyment, a perfect way to cool down, and is viable in almost any back garden! What’s not to love, you ask? Despite the fun a pool brings, it also entails a stack of bills and expenses.

Before you start redecorating the backyard and hiring contractors, take a look at some of the costs that a swimming pool brings.

  • Installation – Your location, pool size, materials, and more can affect the price tag. This can cost anywhere from $25,000 to $50,000.
  • Insurance premium – Quite simply, your liability risk increases as guests can injure themselves while using your pool. Even if someone doesn’t have permission to use your pool, you can still be held liable.
  • Home value – When looking to resell your home, a pool attracts those who love pools and those who don’t want the upkeep of the pool or have concerns for kids. In short, you shouldn’t add a pool to your home to add value.
  • Upkeep – Even when your pool is up and running, costs will continue. These costs include chemicals, equipment, resurfacing, a utility bill increase, and professionals to fix issues.
  • Whole new world – To deck out your pool, you may decide to add lounge chairs, a new BBQ, pool toys, lighting, new landscaping… The list can go on!

If a pool is financially feasible for you, it’s a great way to make lasting memories with family and friends! For the best homeowners insurance that is tailored to your home and finances, contact the Insurance Agency in Dean Davis, located in Austin, Texas!

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Valentine’s Day Dessert You Can’t Go Wrong With!

Valentine’s Day Dessert You Can’t Go Wrong With!

Enjoy a romantic Valentine’s Day dinner with this recipe!

Whether you and your loved one decide to go out for a fine-dining three-course meal, or you opt to stay in and cook side by side, be sure to whip up this white chocolate raspberry cheesecake for dessert!

This is truly a gift that you cannot go wrong with!

Ingredients:

  • 1-1/2 cups graham cracker crumbs
  • 1/4 cup sugar
  • 1/3 cup butter, melted
    Filling:
  • 3 packages (8 ounces each) cream cheese, softened
  • 3/4 cup sugar
  • 1/3 cup sour cream
  • 3 tablespoons all-purpose flour
  • 1 teaspoon vanilla extract
  • 3 eggs, lightly beaten
  • 1 package (10 to 12 ounces) white baking chips
  • 1/4 cup seedless raspberry jam

Directions:

In a small bowl, combine the graham cracker crumbs, sugar and butter. Press onto the bottom of a greased 9-in. springform pan; set aside.

In a large bowl, beat cream cheese and sugar until smooth. Beat in the sour cream, flour and vanilla. Add eggs; beat on low speed just until combined. Fold in the chips. Pour over crust.

In a microwave, melt raspberry jam; stir until smooth. Drop by teaspoonfuls over batter; cut through batter with a knife to swirl.

Place pan on a double thickness of heavy-duty foil (about 18 in. square). Securely wrap foil around pan. Place in a large baking pan; add 1 in. of hot water to larger pan.

Bake at 325° for 80-85 minutes or until center is just set. Cool on a wire rack for 10 minutes. Carefully run a knife around edge of pan to loosen; cool 1 hour longer. Cover and refrigerate overnight. Remove sides of pan. 

From the Insurance Agency of Dean Davis, we hope that you and your loved one enjoyed this recipe! For all of your insurance needs in Austin, Texas, contact us today!

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Stretch Out Your Gas Tank With These Fuel Efficiency Tips!

Stretch Out Your Gas Tank With These Fuel Efficiency Tips!

Optimize your driving to cut down on gas station stops!

Whether you’re preparing for a road trip of a lifetime, have implemented a strict fuel budget, or simply want to slash your petrol station stops in half, there are some simple tricks to increase your fuel efficiency!

Not only does making the most out of your fuel save money, but it betters the environment! By reducing your carbon footprint, you can work to make your lifestyle a little ‘greener’.

No one likes paying an arm and a leg at the petrol pump, so put these tips into practice today!

  • Avoid driving at high speeds – Driving at 62 mph rather than 75 mph reduces fuel consumption by about 15 percent.
  • Stop hard braking – Instead, leave plenty of room in front of you and the car ahead, and lay off the accelerator to slowly reduce your speed, before applying the brake.
  • Optimize your tires – Keep tire pressure at the level recommended by your vehicle manufacturer, as under-inflated tires can cause your fuel efficiency to drop.
  • Use A/C sparingly – When the air conditioner is on, it puts extra pressure on the engine, forcing up to 20 percent of fuel to be consumed.
  • Use cruise control – Maintaining a constant speed over long distances will save gas!
  • Avoid long idles – Instead of leaving your car on for 10 minutes, turn your car off. Restarting the car uses less fuel than letting it idle.

These tips will allow you to keep more money in your wallet! When looking for more ways on how you can save, contact the Insurance Agency of Dean Davis. Our professionals can tailor a quality auto insurance policy to you in Austin, Texas today!

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