Insurance Segment – November 22, 2024

3:00 – 4:00 PM

Seg 1 – Insurance Segment

LISTEN TO THE COMPLETE SHOW FOR DETAILS OF SUBJECTS DISCUSSED IN THIS INTERVIEW.

ASCEND INSURANCE w/ Dennis Van Buskirk re; re: 36917 Cook St., #101, Palm Desert, CA. 92211. In University Village. 26 Years.
– REPORT on his family.
– COMMENTS FROM SEVERAL “JOEY PALS”
1. Why were so many people impacted by the 2 hurricanes uninsured? (And, reports on the water/flood damage the CV has experienced too. Automobile insurance covers any damage to your cars. For your home and belongings, you need to purchase flood insurance through FEMA or an insurance provider. Your mortgage company will tell you if you ARE IN A FLOOD ZONE. About $600. a year. As to the hurricanes, if your home washed away by water or mud, you STILL have to pay your mortgage.)
– REPORT that MORE companies are leaving CA left and right. i.e. Kemper and Nationwide. So you have fewer companies to choose from. They have STOPPED writing insurance in CA. Nationwide is the latest to close their doors to new business. Dennis can move these folks to other insurance companies. Companies are getting more aggressive.
2. Are insurances for car repairs a good thing to have? (Probably yes.)
– REPORT on “Gap Insurance” that is sold @ the dealership for the differences in the price you pay and the immediate loss of value when you drive off the lot. Cheaper to buy “Gap Insurance” from your Insurance provider, rather than the dealership.
– REPORT on how Dennis is an independent broker and still has more agencies he can write with than other insurance agents.
– DISCUSSION of how carriers are doing inspections and being very careful of whom they renew and write.
– REPORT that Dennis’s clients are getting letters of cancellation. Dennis wants you to stay w/ the same company if you can. Other carriers are usually more expensive.
– REPORT on how to “store”/protect your important papers.
– DISCUSSION that Dennis is now writing a lot of insurance for manufactured homes and vacation rental properties. Rates are going up.
– REPORT that NOW IF YOU ARE ONE DAY LATE paying your premium, the insurance companies will probably NOT RENEW YOU.)
– REPORT that there are NO BROKERAGE FEES @ Ascend.
– REPORT that when you have an incident, CALL DENNIS FIRST before you call the Insurance Company and it goes on your record.
– REPORT that he writes a lot for Canadians.
– REPORT that the whole office is bi-lingual.
– REPORT that the office does the paperwork…a lot of it on-line and over the phone. Fill out the form on the front page of the website and Dennis will give you a quote about anything you need.
– REPORT that he also writes commercial policies.
– (contact info; www.ascendins.com and (760) 341-3477.)

Dennis