The Interplay Between Flood Insurance and Homeowners Insurance in Fort Wayne, IN

Posted on November 28, 2024 by admin

At the Tom Steckler Agency in Fort Wayne, IN, we often encounter questions about the relationship between homeowners insurance and flood insurance. Many homeowners are under the impression that their standard homeowners insurance policy covers flood damage. However, this is a common misconception.

Understanding Homeowners Insurance

Homeowners insurance typically covers damage to your property and possessions in the event of disasters like fire, theft, and certain types of water damage. However, it’s important to note that most standard homeowners insurance policies exclude flood damage caused by natural disasters.

The Role of Flood Insurance

Flood insurance, on the other hand, is designed specifically to cover losses incurred due to flooding. This can be from heavy or prolonged rains, snowmelt, blocked storm drainage systems, or overflow from bodies of water. In Fort Wayne, IN, where we experience a variety of weather conditions, having flood insurance can provide an essential layer of protection.

Why Both Are Important

Given the exclusions in homeowners insurance, it’s crucial for homeowners in Fort Wayne, IN to consider adding flood insurance to their coverage plan. This is especially true if you live in a designated flood zone. But even if you don’t, remember that flooding can occur anywhere, not just in high-risk areas.

Contact Our Team at Tom Steckler!

At the Tom Steckler Agency, we believe in helping our clients in Fort Wayne, IN understand their insurance needs. By understanding the interplay between homeowners and flood insurance, you can make informed decisions and ensure that your home is fully protected against potential risks.

For more information, visit our website at Tom Steckler Agency.

Understanding the Difference Between ‘Walls-in’ and ‘All-in’ Condo Insurance in Fort Wayne

Posted on October 30, 2024 by admin

When it comes to condo insurance in Fort Wayne, IN, understanding the difference between ‘walls-in’ and ‘all-in’ coverage is crucial. At the Tom Steckler Agency, we believe in empowering our clients with the knowledge they need to make informed decisions about their insurance needs.

What is ‘Walls-in’ Coverage?

‘Walls-in’ coverage, also known as ‘bare walls’ coverage, typically covers everything within the walls of your condo unit. This includes the walls themselves, the floors, and the ceiling. However, it does not cover any fixtures, installations, or improvements made within the unit. For instance, if you’ve upgraded your kitchen countertops or installed hardwood floors, these would not be covered under a ‘walls-in’ policy.

What is ‘All-in’ Coverage?

On the other hand, ‘all-in’ coverage is more comprehensive. It covers everything included in ‘walls-in’ coverage, plus any fixtures, installations, or improvements made within the unit. This means that if you’ve made any upgrades or improvements to your condo, an ‘all-in’ policy would provide coverage for these.

Which One is Right for You?

The choice between ‘walls-in’ and ‘all-in’ coverage depends on your specific needs and circumstances. If you’ve made significant improvements to your condo unit, an ‘all-in’ policy might be the better choice. However, if your condo is relatively unchanged from its original state, a ‘walls-in’ policy might suffice. It’s always best to discuss your options with a knowledgeable insurance agent in Fort Wayne, like those at the Tom Steckler Agency.

Understanding the difference between these two types of condo insurance coverage can help you make the best choice for your needs. Remember, the right insurance policy can provide peace of mind and financial protection in the event of a loss.

Why Life Insurance is Essential for Single Parents in Fort Wayne, IN

Posted on September 20, 2024 by admin

Being a single parent in Fort Wayne, IN, often entails wearing numerous hats and navigating through care and financial provision for your children alone. At Tom Steckler Agency, we value your struggle and acknowledge the importance of a comprehensive life insurance plan for your family’s future safeguarding.

The Buffer it Provides

Bringing up kids and meeting their myriad requirements as a single parent can be demanding. Life insurance gives you peace of mind that, despite your absence, your children’s financial needs will not be compromised. It ensures that regular expenses, future education, and even their first house deposits won’t be a burden.

Peace of Mind for the Future

When you secure life insurance with the Tom Steckler Agency, you secure your child’s future as well. It does not alter the fact of your ceaseless love and willingness to care for them, even when you’re physically absent. Knowing their future is catered for, can instill a sense of relief in single parents, transforming concern into reassurance.

Debt Protection

Life insurance is not just for your child; it’s meant for debt protection too. Any outstanding debt, like a mortgage or credit card bills, can be settled using life insurance money. In our Fort Wayne-based agency, we believe it comes in handy for single parents, preventing your debt from becoming your child’s burden.

Indiana Life Insurance is a Must

Being a single parent might be daunting, but the path can be less rocky with a life insurance policy to rely on. At Tom Steckler Agency in Fort Wayne, we’re dedicated to helping you find the best plan that suits your unique needs to keep your family safe and thriving now and in the future.

The Impact of Driving Behavior on Your Auto Insurance

Posted on August 30, 2024 by admin

Many vehicle owners in Fort Wayne, Indiana, wonder how their driving behaviour affects their auto insurance premiums. Tom Steckler Agency presents this helpful guide to uncover the connection between your driving habits and insurance costs.

Your Driving Record Matters

Your driving record plays a pivotal role in determining your auto insurance premiums. At Tom Steckler Agency, we have found that drivers with clean records usually enjoy lower rates than those with violations. Instances like speeding tickets, DUIs, reckless driving citations, and at-fault accidents significantly increase your insurance costs. Make sure to drive safely and responsibly to maintain a clean driving record.

Track Record of Accident Claims

Insurance companies observe your track record for any accident claims filed in the past. If you’ve filed numerous claims, your risk level increases in the eyes of insurers, resulting in higher premiums. Where possible, consider paying out-of-pocket for minor incidents to avoid hikes in your insurance rate.

Defensive Driving Courses Can Help

Did you know completing a defensive driving course can positively impact your insurance costs? In Fort Wayne, Indiana, many auto insurance companies, including Tom Steckler Agency, offer discounts to drivers who complete certified defensive driving courses. Not only do you become a safer driver, but you may also be able to save on your premiums.

Lower Mileage, Lower Premiums

Lastly, the number of miles you drive annually affect your insurance rate. Less mileage often leads to lower premiums as it reduces the likelihood of accidents and wear and tear on the vehicle.

In conclusion, maintaining good driving behavior is beneficial in more ways than one. It presents a win-win situation – you stay safe on the road, while also keeping your insurance costs reasonable at the same time. So remember, drive safe and save with Tom Steckler Agency, the trusted choice for auto insurance in Fort Wayne, Indiana.

Understanding the Implications of Not Having Commercial Insurance in Fort Wayne, IN

Posted on July 19, 2024July 8, 2024 by admin

As a business owner in the bustling city of Fort Wayne, IN, earning profits and keeping your business afloat are of paramount importance. Although there are several aspects to peg your attention like marketing, accounting and HR, one often overlooked is commercial insurance. You might wonder why add another expense? In this blog, we at the Tom Steckler Agency aim to help you understand the implications of not being insured, and why a commercial policy might be exactly what your business needs.

Legal requirements and the Risk of Fines

Firstly, certain types of insurance are mandatory under Indiana state law. For instance, Workers Compensation Insurance should be provided to employees. Falling short could result in legal penalties or fines, which would be more costly than the insurance coverage itself.

Protecting against Property and Liability Risks

Imagine the sudden fire damage to your physical business premises or an unfortunate accident where a customer or employee gets injured. Without a commercial insurance policy, you would have to bear the expense of property damage and medical bills, potentially leading to substantial financial loss.

Navigating difficult economic circumstances

Unforeseen events like natural disasters can disrupt your business operations. However, a proper business interruption insurance can provide coverage for lost income during these difficult periods.
Theft is another disruptive event. With crime rates varying across different parts of Fort Wayne, IN, having a comprehensive insurance policy that covers burglary or theft could protect from sudden financial shocks.

Reputation and Trust

Finally, having insurance in place brings a sense of security to your employees and customers, thus enhancing your business reputation and trustworthiness. It reflects the care you put into ensuring the well-being of your stakeholders, a key ingredient to the success of any business.

In conclusion, dismissing commercial insurance as an unnecessary expense could end up being a costly mistake for any business in Fort Wayne, IN. With the right policy tailored for your business needs, you can safeguard against unforeseen circumstances and risks. At the Tom Steckler Agency in Fort Wayne, we are always ready to guide you towards finding the best coverage to protect your business. Do not hesitate to contact us for further information.

Five Tips to Transform Your Outdoor Living Space

Posted on June 12, 2024June 10, 2024 by admin

As the weather invites us to bask outside longer, celebrating the beautiful climate of areas like the Fort Wayne, IN region, it’s time to lavish some TLC on your yard, lawn, and outdoor living space. But, as you prepare your home for this grand weather transition, here’s a reminder to ensure your home insurance policy is up-to-date with assistance from the experienced agents at Tom Steckler Agency.

Summer: A Time to Upgrade Your Outdoor Area

Since summer enkindles desires to spend more time outdoors, capitalizing on your outdoor living space is smart. Opting for a swimming pool not only boosts your property’s market value and creates room for endless water-based fun but also adds significantly to your home’s aesthetic appeal.

Decking your open area is another popular, economical alternative to a swimming pool. It enhances your outdoor area’s utility and imparts a visually appealing touch. If you prefer budget-friendly ideas, a fire pit could be a stunning addition to your yard without a burning hole in your pocket.

Simple upgrades like outdoor lighting can transform your outdoor living space’s vibe, appearance, and usability. Furnishing your outdoor area with comfy lawn furniture is also a prerequisite for transforming it into an enjoyable relaxation spot.

Insure and Protect with Service First Insurance Services

If you live in or around Fort Wayne, IN, and have questions about home insurance or safeguarding your home and outdoor living space, our professional and jovial agents at Tom Steckler Agency are always ready to help. Contact us today to secure the home insurance solutions you deserve.

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Author: admin