Top 5 Craziest Insurance Policies Ever Drafted

by Administrator 21. January 2013 06:09

When most people talk of taking insurance policies, they mean insuring their auto-mobiles  liabilities, health, businesses, homes and other normal things. However, these are not the only policies that insurance companies can draft. Some people are known to seek out ridiculous insurance policies, and below are 5 of the craziest of these policies.

Immaculate Conception Insurance

Three Scottish sisters insured their virginity with British Insurance. The sisters believed that if there was ever going to be an immaculate conception, God would choose one of them to be the mother of the child. As a precaution against that risk, the sisters paid premiums of $150 per year to the insurance company, for a potential pay-off of $1.5 million. Unfortunately, there was a public outcry when people realized what was happening and the insurance firm had to cancel the policy. In fact, the company claimed that it had been donating the money to charity all that time.

Chest Hair Insurance

A celebrity was considered as a sex symbol for many years, so he took out an insurance policy from Lloyd's for his chest hair. He did this to protect his sexiness, which he believed stemmed mainly from the mane of hair on his chest. Although he had kept his chest hair for approximately half a century, he believed that something could go wrong any time with his prized possession (say a spontaneous combustion of his shirt) so he insured it.
Alien Insurance

This one was also offered by British Insurance. Their alien abduction insurance was mainly taken up by Californians, and the company managed to rake in nearly $3 million from this policy. The policy was meant for alien abduction victims who were afraid that the aliens would insert medical objects into their anal regions. Is it funny that the managing director of the insurance company deemed the venture a profitable joke?

Ghost Insurance

There are insurance policies against ghosts and other kinds of spirits. A pub owner in England took one of these policies that promise to pay £1,000,000 (approximately $1,300,000) if a customer or an employee is permanently disabled or injured by a ghost within the premises. The owner of the pub became interested in this policy after he allegedly saw ghost shooting glasses though his bar one night. The premiums are reportedly £500 (approximately $660) a year.

Taste Buds Insurance

A British food critic believes he has one of the most exciting jobs in the world, and many people would agree. In case his precious buds are damaged by extra spicy foods, his career would certainly end. Therefore, he is not leaving anything to chance. He has taken out a $400,000 insurance policy against his taste buds.

The insurance industry is surely strange, but it does not have to be so. If you want to know more about different types of useful Killeen Insurance, call a Shawn Camp Insurance agent today at  (800) 212-2641.

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Killeen Insurance For Seniors to Lower Their Auto Insurance Costs

by Administrator 13. December 2012 05:37

There are many ways for older drivers to save significant dollars on their auto insurance. But, if you buy your policy online or over the phone there is a good chance that you won’t be told about them. Buying insurance through an independent insurance agent is no more expensive than buying a policy online or over the phone, but an independent agent will take the time to talk with you and uncover the discounts you qualify for as well as the discounts you can easily obtain. The following are a few tips you should keep in mind when thinking of acquiring a new Killeen Insurance policy.

1. If you are 50 or older check with your agent to see if you qualify for a mature driver’s discount. Most insurance companies give them, but not all do so automatically. In addition, different carriers may have an age other than 50 when the discount kicks in. The average mature driver discount is 5 to 10 percent, so that can be quite helpful.

2. Defensive Driving Course: These courses are given in a classroom setting or online. They are usually eight hours long and successful completion can earn you a discount of up to 10 percent for as long as three years. The cost is generally $10 to $30.

3. Folks who have retired and no longer commute to and from work often are eligible for a discount due to decreased mileage driven. The fewer miles driven, the lower the risk of having to file an insurance claim. The amount of the discount is determined by your state so check with your agent if you have retired.

4.  Multi-policy discount: When you place your homeowners or renters insurance with the same company that provides your automobile insurance you will usually get a discount, known as a multiple policy discount, on both policies. The discounts vary by insurance carrier, but it is certainly worthwhile to discuss with your insurance agent.

5. Military discounts are frequently available to consumers who are on active duty, have retired from the armed forces or are a member of the National Guard or Reserves. If this applies to you, ask your agent if you are entitled to a discount on your automobile policy.

6. Safe drivers who are accident free for a set period of time may qualify for a safe driver discount. Make sure to ask your agent about this potential money-saving discount.

7. PIP Discount: Some insurance companies offer a discount on Personal Injury Protection (PIP) coverage if a specified amount of miles driven each year is completed by a driver over a certain age.

While you can expect to see your rates fall when you are in your fifties they will start to rise when you hit your sixties. Getting every discount you can as soon as you can will help keep your rates manageable. Contact an agent at Shawn Camp Insurance today for more information.

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October Events in Copperas Cove and Gatesville

by Administrator 12. October 2012 10:42

Close to Cure Bra Fest

This is the 2nd Annual October Event Fundraiser for Dr. Asea.

There will be a motorcycle Ride from S&W Research Center South Parking Lot at 5707 Airport Rd, Temple to Dave's Sports Bar at 831 E. Highway 190, Copperas Cove, TX 76522, Ph - 254-542-3283. Registration is $20, 9.30am. After registering, participants receive a T-shirt and bracelet.

There will also be Zumba, Decorated Bra Auction, Balloon Release, MemoryBoard, Vendors of all kinds, Food and Music.

Comedy Show following as separate event.

Join the Event - Learn More

Halloween in the Park

Presented by Copperas Cove Parks and Leisure Services.

Come to City Park to participate in fun Halloween Activities, including Trick or Treating in the Park which starts at 6pm and a Pumpkin Carving Contest, where you can bring your own completed pumpkin carving. The winner will be announced at 7.30pm.

There will be FREE Refreshments!

We will be handing out candy, and holding a contest for a Flat Screen TV. Just pick up a raffle ticket from our booth, then come back to our Facebook page, like us, and share a comment with your raffle number. You have now been entered to win a Flat Screen TV! The drawing will be held on November 6th.

Join the Event

Halloween Boozar in Gatesville

Shawn Camp Insurance will behanding out candy, and holding a contest for a Flat Screen TV. Just pick up a raffle ticket from our booth, then come back to our Facebook page, like us, and share a comment with your raffle number. You have now been entered to win a Flat Screen TV! The drawing will be held on November 6th.

Join the Event - Learn More

Dos and Don’ts of Auto Insurance Planning

by Administrator 12. June 2012 11:47

As with every financial planning endeavor, there is a right way and a wrong way to approach auto insurance planning. Understanding both the dos and don'ts of auto insurance planning will help you get the best policy for your money and avoid creating a plan that crashes and burns.

  • Do get multiple auto quotes in order to find the best rates. Every insurance company has its own formula for developing auto insurance rates. While some may look upon certain risks generously, others may overcompensate for them. By getting a wide range of quotes you can ensure that you've explored every possibility and gotten the best value for your money.
  • Don't buy insurance based on price alone. Insurance policies are not always created equal. The cheapest quote you get may not offer the kind of protection you need. Evaluate your auto insurance options by comparing the protections that each policy offers and weighing the cost against those benefits.
  • Do ask for discounts. Discuss with your insurance agent all the different factors that could go into qualifying you for auto insurance discounts. Talk about any driver’s training courses you've taken, any policies you can bundle, any payment options that offer discounts, any safety gadgets built into your car, and so on.
  • Don't misrepresent the facts. Telling little white lies, misrepresenting the truth on your insurance application and leaving out important facts could score you a cheaper insurance quote, but at the end of the day when the insurance company finds that you were not completely honest, your policy could be rescinded and you may be left uninsured.
  • Do comply with the auto insurance regulations of your state. Make sure that you get all the required coverages so that you are in complete compliance and face no penalties.
  • Don't allow the state to dictate how much coverage you have. While you must, at minimum, comply with the regulations of your state, don't assume that those minimums are actually enough protection for you and your family. Instead, discuss with your agent the financial risks you face after an auto accident and buy sufficient insurance coverage to protect against them.
  • Do consider a deductible. An auto insurance deductible is the amount that you are required to pay out-of-pocket after an incident occurs. Auto insurance deductibles offer a great opportunity to help create a manageable premium balanced with insurance benefits that are legitimately helpful.
  • Don't take on too much deductible. Auto insurance deductibles are per incident, which means that you must pay them each time you have damages rather than on a cumulative annual schedule. If you agree to very high deductibles and have multiple incidents each year, you could easily find your savings depleted.

There are many things to consider when designing your Killeen auto insurance policy and at Shawn Camp Insurance, we’re here to help you work through the difficult decisions.

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How Important is a New Home Inspection?

by Administrator 29. February 2012 11:57

When shopping for a new home, it's easy to get drawn in by what you may consider the perfect house. Finding the perfect house, in your ideal price range, located in your dream neighborhood can cause you to overlook minor details and run forward to submit an offer and secure this perfect home. But after the shininess has worn off and it's time to get home insurance coverage, you may regret this impulsive decision.

Instead of giving in to the desire to own the home of your dreams, take the time to have a new home inspection completed. Even if your home is of completely new construction, a home inspection can save you time, money, headaches, and risk.

Types of Home Inspections


There are many different inspections that can be done on your new home. In order to get the most comprehensive inspection and the most thorough understanding of the condition of your home, a new home buyer should consider a general home inspection, a termite inspection, a radon test to check levels of this unscented, cancer-causing radioactive gas, a septic system inspection (when a septic system is present), and, when appropriate, an oil tank testing.

Each of these inspections will give you a difference assessments regarding the health of your hew home. You may think that it’s enough to simply get a general inspection, but each of the specialized inspections mentioned above allow for a deeper look at areas that can be the source of major potential problems.

The Cost of Home Inspections

Home inspections cost both time and money, and that can lead many to skip them, conduct their own, visual inspection and hope for the best. But when you consider the benefit of professional inspections and weigh them against the actual cost and time involved, you will see that the cost is far outweighed by the benefits.

Generally, you can expect to pay between $300 and $500 for an inspection. The Housing and Urban Development (HUD) website also states that that price can be variable depending on the size of your home and its age since older homes may need more thorough examinations. Each inspection will generally take two or more hours, again, depending on the size of the property.

But to help ensure the safety of your family and the security of your financial investment, the price and time commitments are more than worth it.

The Effect of an Inspection on Insurance

Your home inspection will illustrate deficiencies in your electrical system and plumbing. It may also indicate water damage that exists but isn't immediately visible. It may show signs of an insect or termite infestation, and could illustrate problems with your septic tank, water heater and other important appliances. Since some of these problems can create a high-risk situation for perils covered by your home insurance policy, a new home inspection could result in certain improvements being made before you buy the home that will prompt a lower insurance premium once you own it.

Because the age of your home is taken into consideration when you apply for home insurance policy, it can also be part of the reason for a declined application. By completing certain home improvements on the property based on the results of your home inspection, you might ensure that your home insurance policy is approved after all.

To get insurance quotes on your current home or on the home you are considering buying, give us a call at (254) 547-2381. We can help you discover what your potential home insurance rates might be and assist you in setting reasonable limits based on your risk and budget.

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5 Ways to Find Your Ideal Insurance Agent in Killeen, TX

by Administrator 4. November 2011 12:11

 

When you work with an insurance agent, you aren’t simply striking up a deal, you are creating a partnership for risk hedging and liability planning. The agent you choose will have a tremendous influence on your family’s and asset protection, making this an extremely important partnership. You must find an agent that you not only trust, but one whose knowledge and experience are vast enough to ensure that he or she will cover all the bases while still being personally compatible with you.

If it seems like choosing an insurance agent is almost as intense as choosing a future spouse, you aren’t exactly on the wrong track. But before you start going to speed dating events to find your ideal agent, here are a few tips you can try:

1. Ask friends and family for referrals: If you know someone who has an agent, and loves them, then finding out who that agent is. Doing some research on them is a great way to weed through all the options.

2. Do a web search: Most agents are on the web now. If you do a web search in any search engine for the type of insurance you are shopping for and your location, you will turn up hundreds of results that allow you a starting point to further your research.

3. Read an agent’s blog: Blogs are a less formal way of communicating with potential clients. Often, a blog post will give readers a hint about the underlying personality of the agent while giving an indication of how knowledgeable they are.

4. Read newsletters: Agents who offer newsletter subscriptions to visitors of their website are educating people at no charge. These articles can help you determine what the scope of the agent’s business is and what lines of insurance he or she   specializes in. Newsletter articles can often point out how a new line of insurance, one you hadn’t previously considered for your financial plan, will benefit you.

5.Read the agent’s About Me page: It’s nice to have something in common with the person who will be helping to design your insurance plan. Read your agent’s About Me page to get an idea of what personal and professional things you have in   common.

It’s important that you take the time to find the right agent for you, the first time around. Once you’ve developed this relationship it is valuable to keep it going through the years. This will make claims, premiums and renewals so much easier. Also, you’ll know that you have a knowledgeable professional watching your back, even when you don’t know it needs watchin’.

We at Shawn Camp Insurance know that making sound decisions about your coverage is one of the most important things you can do. We stand committed to providing the best combination of service, price and products to meet your individual needs. We specialize in Killeen auto insurance as well as homeowners & business insurance in Copperas Cove, Temple, Gatesville and across Texas. Contact us for at (800) 212-2641 for a  free Houston insurance quote.


Texas Auto Insurance

by Administrator 21. April 2011 12:17

Auto Insurance

Why do you need auto insurance?
It's really all about protecting yourself financially.

  • If you're in an accident or your car is stolen, it costs money, often a lot of money, to fix or replace it.
  • If you or any passengers are injured in an accident, medical costs can be extremely expensive.
  • If you or your car is responsible for damage or injury to others, you may be sued for much more than you're worth.
  • Not only is having insurance a prudent financial decision, many states require you to have at least some coverage.

Questions to ask your agent
Your Independent Agent is an advocate for finding auto insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:

  • How much can you afford to pay if you get in an accident? (To keep premiums low you may want to have a higher deductible and be willing to pay more for repairs.)
  • What is the insurance company's level of service and ability to pay claims?
  • What discounts are available? (Ask about good driver, multiple policy and student discounts.)
  • What's the procedure for filing and settling a claim? (Ask who to call and what happens after you file a claim.)

Texas

Texas is the second-largest U.S. state by both area and population, and the largest state in the contiguous United States. The name, meaning "friends" or "allies" in Caddo, was applied by the Spanish to the Caddo themselves and to the region of their settlement in East Texas. Located in the South Central United States, Texas is bordered by Mexico to the south, New Mexico to the west, Oklahoma to the north, Arkansas to the northeast, and Louisiana to the east. Texas has an area of 268,820 square miles, and a growing population of 25.1 million residents.

Due to its size and geologic features such as the Balcones Fault, Texas contains diverse landscapes that resemble both the American South and Southwest. Although Texas is popularly associated with the Southwestern deserts, less than 10% of the land area is desert. Most of the population centers are located in areas of former prairies, grasslands, forests, and the coastline. Traveling from east to west, one can observe terrain that ranges from coastal swamps and piney woods, to rolling plains and rugged hills, and finally the desert and mountains of the Big Bend.

At Shawn Camp Insurance Agency, a family-owned-and-operated business since 1976, we pride ourselves on helping you protect your home, automobile and business by offering exceptional service, quality products and unparalleled customer support. Contact us at (800) 212-2641 for a free Texas auto insurance quote or visit our office.

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