6 Health Insurance Questions to Ask Your Agent

If you’re ready to get health insurance, or you have a policy and you aren’t sure if it’s right for your needs, working with an insurance agent can make things easier. If you’re in or near the Harrisburg, PA area, Henderson Insurance Agency is here to help. By understanding the kinds of things you need to ask your agent, you can get the support and guidance you’re looking for. Then you can take that knowledge and make an informed policy choice. With the right health coverage, you’ll have strong protection and good peace of mind. Here are six important questions to ask your agent.

1. Is the health coverage you already have the right policy for your needs and situation?

2. Is there a policy that would be a better fit for you as your situation changes?

3. If you don’t already have coverage, can you get covered at any time of year or is there an enrollment period?

4. How often should your health coverage be re-evaluated, make sure it’s the best option for you?

5. Can — and should — you bundle health coverage in with other insurance policies from the same company?

6. Who can you turn to if you have questions about your insurance coverage?

Are you ready to get the right insurance coverage that will meet your needs, from trusted agents you can rely on? Anyone in or around the Harrisburg, PA area can reach out to us at Henderson Insurance Agency today. We’ll help you get the coverage you’re looking for. Then you can focus on living your life and enjoying the journey, knowing that you’re covered with the right health insurance policy. Good insurance is an important part of feeling good about your safety and security, and we want to be the ones to work with you on finding that security in your life.

Getting life insurance at a young age

Many young people do not think about life insurance, but it is an important investment to protect your family and those around you. Henderson Insurance Agency is available to assist people with life insurance coverage in Harrisburg, PA.

Life insurance policies increase in cost with age, as the person who is covered is more likely to die as they get older. From the insurer’s perspective, advanced age is an added risk. From a cost-savings perspective, it certainly does make sense to invest in a policy at a young age. This is because the rates will generally not change as a person gets older. Their cost for the policy remains the same as they age once they are locked into a policy.

Younger people also tend to be in better health, and your policy will be easier to afford if you are young and in good health. If someone starts to develop health conditions as they get older, the price of a policy can go way up. This can also place family members in a worse situation when they get older and need more money for healthcare expenses as well.  

Lower costs will also help people keep their insurance if they experience financial hardship due to job loss or other problems. It makes sense to keep the policy active for the entire term as long as it is not a significant financial burden.  

Get help with choosing life insurance coverage that works for you

There are agents who serve Harrisburg, PA and surrounding areas with Henderson Insurance Agency. You can provide information to an agent and they will recommend the right policy based on your needs. 

Four key steps when you buy an umbrella insurance policy

Standard auto or home insurance policy typically doesn’t provide enough coverage to protect consumers from their risks and liabilities. Purchasing umbrella insurance in Harrisburg, PA is a good way to get extra coverage when accidents cost you more than your insurance policy maximums.

At Henderson Insurance Agency, umbrella insurance is one of the numerous products we offer. The following are four key steps to go through when you buy an umbrella insurance policy. 

Do your research

Umbrella insurance is an insurance product that needs to be used along with standard home and auto insurance. Research the details of your home and auto insurance policies. It’s important to be aware of what their maximum coverage limits are. Umbrella insurance will typically kick in when expenses amount to more than these maximum coverage limits. 

Contact an insurance agency representative

You should talk to an insurance agency representative about your umbrella insurance options with their company.

Ask questions about details that are unclear and ask about the representative’s recommendations for your situation. This will help you to pinpoint policies that best correspond with your needs. 

Get quotes on policies available to you

The next step is to get a few quotes on umbrella insurance policies. It’s best to get quotes from more than one umbrella insurance provider. Comparing quotes will help you find a policy that offers the best value. 

Purchase the policy of your choice

You’ll then need to analyze the costs and coverage features for each quote you get. Choose the policy that provides the most quality coverage for the least amount of money. 

Would you like to learn more about how to purchase umbrella insurance in Harrisburg, PA? Contact us at Henderson Insurance Agency to get more information on umbrella insurance. 

3 Types of Popular Toys Protected with Toy Insurance

In Harrisburg, PA and nearby areas, many of our clients have worked hard for their outdoor toys. The best way to protect these toys and are with toy insurance from Henderson Insurance Agency. Below are some popular toys our clients enjoy regularly. 

ATVs

A family favorite toy for many of our clients, they look forward to taking these all-terrain vehicles through mountain trails and off-road. They come in a variety of sizes and brands to choose from. Because they have the ability to be customized, they can become a significant investment that needs the protection of insurance.

UTVs

Like ATVs, the utility terrain vehicles are a larger version. They come with bigger motors and the ability to reach highway speeds. In some areas, they are even authorized for highway driving. They can be used for a fun off-road afternoon, and also used for work around farms and homesteads around the countryside. 

Jet Skis

Enjoying the local lakes and rivers during the warm months is done best with a pair of jet skis. They bring speed and a level of freedom that only jet skis can offer. These toys are cherished by those that own them. In order to protect the enjoyment and hobbies enjoyed with these toys on the open water, toy insurance is required. 

Protect Your Toy Collection Today

No matter what type of toys you have, it is essential to protect them in the event of a tragedy. Burglaries, accidental fires, or other unfortunate accidents can damage or destroy these toys that you have worked hard for. Toy insurance can protect the financial investment that you have made into any of these toys. If you live in or around the Harrisburg, PA area, contact our agents at Henderson Insurance Agency today for more information. 

Does homeowners insurance in Harrisburg, PA cover special items like artwork and jewelry?

Harrisburg, PA keeps being named as one of the best places to live, because of its affordable housing, low unemployment, and a wide range of things to do in the area. If you are one of the people taking advantage of property ownership in the area, you already have a homeowner’s insurance policy that protects your home in case anything happens, such as a fire or burglary.

At Henderson Insurance Agency, we understand how confusing your policy may seem. An insurance policy is basically a contract between you and the insurance provider, and it has a lot of details. Some of the language is legal terminology.

Most people understand that insurance protects the house itself, plus any other structures on the property, such as detached garages and sheds. It will also help if you have losses involving your appliances, carpeting, electronics, clothing, and other personal possessions inside your house.

But what about your more valuable items, like artwork, furs or jewelry? Unfortunately, anything you have of greater value will probably not be covered under a standard homeowner’s policy. 

There are limits not just on how much coverage you have but on how that coverage is split up. Most of your limit will go towards the property itself, especially the physical house. If you want to protect special items, it is easy to add that coverage by speaking to your insurance agent.

If you live in Harrisburg, PA and want to speak about adding to or changing your insurance, please call Henderson Insurance Agency today. We can help you choose the option that works best for you.

How Much Commercial Insurance Is Enough for My Small Business?

Owning a small business in Harrisburg, PA, isn’t always easy. There are so many things to manage that sometimes you don’t even want to think about insurance. To help you with that, Henderson Insurance Agency is here to help you deal with a common question: How much insurance does your business need?

Assets

For the most part, commercial insurance can be split into two categories: property insurance and liability. Property insurance needs to be sufficient to handle asset losses that can occur. As an example, a business that owns vehicles needs enough property insurance on the vehicles to replace them in the case of an accident. Apply this to all of your assets, and the goal should be to have enough insurance to keep the business alive if a disaster strikes and you take large losses.

Liability

Liability is one of the scarier aspects of owning a small business. Even a small accident can leave you liable for damages expensive enough to lose the entire business. While an average liability claim against a small business is around $15,000, it’s likely that you need greater liability coverage than that. In short, your overall liability will be linked to the value of your assets. Liability claims are often awarded based on the value of the business itself, so the value of your assets can inform your liability coverage.

So, how much coverage does your Harrisburg, PA, business need? There are too many variables to put a single number on every business. Instead, you should have a talk with your Henderson Insurance Agency representative. They can help you gauge your assets and how to properly protect your business.

 

How Long Can I Keep My Children on my Health Insurance Policy in PA?

Health insurance is a difficult subject right now in this country, but the fact remains that it’s crucial to have. As a parent, you naturally want to help your children out however you can and keep them healthy. Whether you currently have them on your health insurance policy or are looking to add them, it’s only normal to wonder how long you’ll be able to keep them covered.

Those of us at Henderson Insurance Agency have families of our own, and we want to help others across the Harrisburg, PA area get the health coverage they need for their loved ones. Here’s what you need to know about keeping your children on your health insurance plan : 

The Federal Law is Age 26

Changes made to federal law during the Obama administration moved up the age of child dependents on your health insurance plan to age 26. While some changes to current health laws have been made in recent years under the Trump administration, this age has not changed. This means that once your children turn 26, their time on your insurance plan will be up at the end of their birthday month. Children can stay on their parents’ health insurance plan even if they are married, living separately from you, attending a school or otherwise financially independent.

If you have a marketplace health plan, however, your children may be eligible to stay on your health plan until the end of the year (the calendar year– December 31) that they turn 26, regardless of what time of the year their birthday is.

Pennsylvania State Laws

As far as age goes, Pennsylvania follows the federal law of age 26 for children staying on a parental health insurance plan. That said, Pennsylvania’s low-income health insurance program (known as Medicaid or CHIP) only permits children to stay on their parents’ plans until age 19.

If you are looking to add your children to your health insurance plan or would like to help your adult child find their own policy, give us a call or come visit the Henderson Insurance Agency offices at your convenience. We serve families in the Harrisburg, PA area and beyond.

 

Can I wait until I retire to get life insurance?

Residents of Harrisburg, PA get all the benefits of a modern city with the historical background of the State Museum and Civil War reenactments. There is definitely a feeling of time passing, and you may be thinking about what will happen when you are gone. 

You may have thought about getting life insurance,  but like many people, put off making a decision until later. You may even have called Henderson Insurance Agency at one point to get a free quote. 

You could technically put off getting life insurance until you retire, but if you wait that long,  you may never be able to get it at all. You never know what day will be your last, and you don’t want to leave your family without your support because you didn’t plan ahead.

The quote you got in the past is likely no longer good, as life insurance gets more expensive as the person who is insured becomes a higher risk. The least expensive policies are for the youngest people,  but you can lock in a low rate by purchasing a policy when you are young.  You can even lock in a low rate for a relative, such as a child or nephew, by making a gift of life insurance.

There are two main kinds of life insurance, whole life, and term life, and you can get more benefit from the one you choose if you get it earlier. You don’t want your family to have to deal with your loss without the best financial help you can give.

If you are in Harrisburg, PA, you have several good options when it comes to life insurance, and you can save by locking in a  lower price. If you want to purchase life insurance, or if you just have questions, please contact Henderson Insurance Agency today. 

Umbrella Insurance vs. Extending Your Current Policies

As your assets grow, so too do your risks, and so too must the reach of your insurance plan. This most often comes up when considering liability insurance. There may come a point where you need to upgrade your policy, and you’ll need to decide between umbrella insurance or "excess liability." So what’s the difference?

  • Excess liability has no effect on the terms of your insurance policies in general, rather, it simply raises the limits of your liability protection.
  • Umbrella insurance provides the same additional coverage as an excess liability but also covers a number of losses not considered by excess liability.

Terms will vary from one plan to another, but some of the additional coverage that may be provided by umbrella insurance can include international auto coverage, protecting you no matter where in the world you wind up, coverage for libel and slander claims, and protection for claims related to your position in an organization as a director or CEO. Umbrella will also extend coverage on a lot of your basic policies like homeowners and condo insurance, auto, RV, watercraft and so on.

It will essentially come down to how many different bases you need to cover. When you have only one insurance plan that needs to be extended, such as excess liability for a Harrisburg, PA business, it might make sense just to extend that one plan. When you move into a larger house, expand your business and buy a new car all in the same year, you’re likely to get better protection on an umbrella plan.

If you’re looking to stay safe come what may, get in touch with Henderson Insurance Agency and see how we can help.

What you need to know about toy insurance

Having a recreational toy can be a very fun experience that will provide you with some great memories. While having a recreational toy is a fun thing to own, there some important responsibilities that go along with it. One important thing that you will need to do is make sure that it is properly covered by insurance. There are several things you should know about insurance for your toy.

You Can Protect the Asset

While a recreational toy in the Harrisburg, PA area is considered something that is fun to own, it is also an expensive asset that should be properly covered. One of the best ways to cover these assets is with a toy insurance policy. When you have a good toy insurance policy, you will receive protection from many different types of losses including theft, damage from an accident, and even storm damage.

Liability Coverage

Whenever you operate one of these toys, you will be taking on some responsibility. If you get into an accident and are at fault, you could have a major financial responsibility coming your way. A toy insurance policy will give you coverage for these situations. If you are found to be at fault, you will receive coverage up to the amount of your liability insurance policy. 

Since there are some clear advantages to have toy insurance, those that have recreational toys in the Harrisburg, PA area should speak with a professional to learn more. One company that can help you better understand your recreational toy insurance needs is the Henderson Insurance Agency. The processionals at the Henderson Insurance Agency will be able to review your particular situation and help you get into a policy that properly meets your needs.