Author: admin

How Home Insurance Protects Your Home and Finances

Posted on by admin

When you own your own home, you need home insurance to protect both it and your financial future. Your home is likely your largest investment, and it’s important to protect it. If your home isn’t insurance, give us a call right away at DJ Kauffman Agency in Hutchinson, KS.

Protection for Your Dwelling

One of the most important types of coverage that are included in your home policy is protection for the dwelling itself. This coverage is what pays for repairs when something is damaged in an accident, disaster or another incident. Home repairs can be substantial, and that’s especially true when there is major damage. With your insurance, it’s far easier to get your home repaired. 

Covering Your Belongings

The items that you own are worth a lot altogether. When you have home insurance, those possessions are covered against a number of incidents that can lead to ruined belongings. If you have a major incident that ruins some of your possessions, it can be prohibitively expensive to replace them all without home insurance coverage. With this coverage, you can soon start replacing those items with help from the insurance policy.

Liability Protection

When you have someone in your home or on the grounds of your home, you can be held liable if they have an accident or get sick there. This liability means that you would then be responsible for the medical bills that stem from this incident. Luckily, home insurance comes with liability coverage for just this kind of problem. It will pay for those medical bills so that you don’t have to come up with that money on your own. This also protects you from being sued for medical bills.

Get Home Insurance

If you own a home and don’t yet have home insurance, call us at DJ Kauffman Agency in Hutchinson, KS.

The Ideal Auto Insurance Policy

Posted on by admin

Your car is among the most valuable assets you own, and covering it must come first. Having an auto insurance cover is crucial as it protects your vehicle if an accident happens when you or another person is behind the wheels. Hefty charges may apply if the accident damages a secondary car, making the policy a necessity. Before investing in various types of auto insurance, it is rewarding the first understand what each entails.

Understand Compulsory Insurance Cover

Most state laws demand that you have several liability policies if you own a car. The rules may vary from one state to another, but the difference is marginal. They include asset damage insurance and injury liability. The first one covers all types of injuries or death caused by your car. The second option compensates for the physical damage that your vehicle causes on a secondary vehicle and property. It does not matter who was driving your vehicle.

What Voluntary Insurance Cover Entails?

The auto insurance coverage does not protect your car, but it covers other vehicles you hit while on the road. Voluntary insurance comes in handy if you wish to cover your car from accidents. There are several optional policies which include:

  • Comprehensive insurance: It compensates your car after a theft or non-collision damage. It covers unfortunate events that include vandalism, falling objects, storms, floods, and fire, to mention a few.
  • Collision insurance: Protect your car from any damage that results from a collision by purchasing a collision cover. The options cover your vehicle if you hit stationary objects like trees. However, it does not compensate for any mechanical issue.
  • Glass policy: One of the most common breakages is windshield damage. Protect your car by purchasing a glass policy lest you pay cash from your pocket every time the glass on your car breaks.

Contact DJ Kauffman Agency if you own a car in Hutchinson, KS and get valuable advice on the ideal insurance policy for your assets.

Is It True That Umbrella Insurance Is Just for the Rich?

Posted on by admin

At DJ Kauffman Agency, we always receive these questions from our Hutchinson, KS clients: Do I need umbrella insurance? Isn’t umbrella insurance for the rich and famous? Well, most people understand that umbrella insurance offers extra liability protection to their home, boat, and auto insurance. However, many don’t understand who needs this type of insurance. Regrettably, many people think that umbrella insurance is just for the wealthy. While that may be true, it’s not always the case. In this blog, we will try to explain why anyone that has a livelihood needs umbrella insurance. 

What does umbrella insurance cover?

Umbrella insurance is extra liability protection that protects your assets and earnings from significant financial claims exceeding the limits of your conventional insurance coverages. Umbrella insurance is likely to cover you against the below:

  • Bodily injuries caused to others
  • Property damage to third parties
  • Personal liabilities like libel and slander
  • Pays for legal costs

It’s worth noting that umbrella insurance covers other people and not damages or injuries to you. For instance, if you are involved in an auto accident, your car’s damage is covered by your collision coverage. However, bodily injury, property damage, and legal suits from the other driver (exceeding your auto insurance limit) are paid by umbrella insurance.

Who needs umbrella insurance?

In America, anyone can be sued. In light of this, you may need umbrella insurance if you are at risk of being sued. Lawsuits can be expensive and can wipe out your assets and savings, especially when the legal case is ruled against you. That said, if you are in the below categories, you need umbrella insurance as soon as possible. You need umbrella insurance if you:

  • Own property like a home, boat, or vehicle
  • Coach kids or youth sports
  • Participate in high-risk hobbies like hunting or skiing
  • Have a dangerous pet
  • Have strong opinions on social media
  • Have significant assets
  • Are a volunteer in a charitable organization

As you can see, umbrella insurance isn’t just for people who have a lot to lose. Umbrella insurance is suitable for anyone at the risk of being sued.

Get umbrella insurance today!

Are you looking for umbrella insurance in Hutchinson, KS? Please get in touch with DJ Kauffman Agency for an affordable quote.

Converting Term to Whole Life

Posted on by admin

If you are a term life insurance holder in Hutchinson, KS, and you don’t want to keep this policy, you can easily convert it to whole life insurance without difficulties. According to DJ Kauffman Agency, it is even easier to convert your life insurance policy than to buy a new one. Here are some of the stages you have to follow when converting from term to whole life insurance policy. 

Check Whether Conversion is an Option

The first step is checking whether your term insurance gives you an option to convert to whole life insurance. Generally, most insurance companies offer this option, but some remain silent on the whole conversion process. It is always necessary to understand the options available for you before starting the process.

Check the Conversion Period

Another important detail that you need to check is whether you are still within the conversion period. There is a tendency for some insurance companies to input an expiry date where you cannot convert your policy. However, most companies leave it open for you to choose and decide whether you want to convert at any given date.

Check Conversion Costs

Generally, when you move from term life insurance to whole life insurance, you are changing from one insurance product to another. Every product has different costs. So, you need to analyze the conversion costs. Insurance companies may want to benefit from the whole conversion process by adding unnecessary costs. However, some organizations can leave it open and cheap for you because you will remain a customer. 

DJ Kauffman Agency has been helping life insurance customers in Hutchinson, KS, to convert term life insurance to whole life insurance within a day. As a leading life insurance company, we believe in giving our customers flexible options to enhance their satisfaction.

How much auto insurance do you need in Kansas?

Posted on by admin

Your vehicle is used for work and running personal errands in Hutchinson, KS. It would be best if you made certain that you have adequate indemnity coverage to pay for incidents on the road. The DJ Kauffman Agency agents can help you understand the insurance requirements you need to meet to operate a vehicle in town legally. 

How much auto insurance is required?

Kansas requires drivers to show proof of liability auto insurance that pays at least $25,000 ($50,000 per person) for bodily injury. You also need an indemnity plan that pays at least $25,000 for property damage caused after an accident. 

Kansas is a no-fault state, which means every driver must have personal injury protection (PIP) insurance covering medical bills resulting from an accident. An agent at Dj Kauffman Agency can walk you through the essentials of PIP coverage. Hence, you fully understand the benefits and how much is needed for you to operate your vehicle in the state legally.

Does PIP protection fully shield you from a lawsuit?

A driver cannot sue you for medical bills after you cause an accident. You may find yourself in the middle of financial turmoil, though, if you do not have enough insurance to cover damages to the victim’s vehicle after an accident. 

The possibility of an auto accident leaving you financially destitute is why you should seek out an insurance policy that provides full coverage. The best policies offer policy limits that do not require you to dip into your personal finances to satisfy the costs associated with an incident. 

Call DJ Kauffman Agency for help?

Our agents understand the importance of having a good auto insurance plan in Kansas. They can help you create the ideal policy that satisfies the state minimum in addition to meeting your personal preferences. Call DJ Kauffman Agency in Hutchinson, KS today for a quote for auto insurance!

How Commercial Insurance Can Protect Your Business

Posted on by admin

Being a business owner is one of the most satisfying accomplishments you can achieve. Only a few people ever get to enjoy that feeling of accomplishment. However, along with that satisfaction of business ownership also comes significant responsibility. Your employees, customers, and clients depend on you to provide a certain level of security and protection at your place of business. How will you provide this? DJ Kauffman Agency, serving Hutchinson, KS can help you provide the protection and peace of mind you need for your company. Keep reading to find out what you need to know about commercial insurance. 

What is Commercial Insurance?

Commercial insurance is a suite of insurance products that have been specially designed with the business owners in mind. There are many aspects to your company which need protection. A commercial insurance policy is designed to cover all of these aspects so that you can focus your energy and time on running your company. 

What Does Commercial Insurance Cover?

A commercial insurance policy can be customized to suit your specific needs, but there are a few general areas of protection. 

  • Property Damage – Property damage coverage is necessary for the business owner who operates a brick-and-mortar establishment. If your physical location sustains damage due to natural disaster, fire, or burglary, your commercial insurance policy will help pay for repairs or property replacement. 
  • Auto Insurance – If your company uses automobiles daily for your business’s operations, those automobiles will need to have sufficient insurance coverage. Your commercial policy will take care of this and cover the drivers you approve for those vehicles. 
  • Liability Coverage – Liability coverage is essential to the long-term financial health of your business. If a customer, client, or employee is injured on your property or as a result of your goods and services, you could be held liable for any medical or legal expenses which result. Liability coverage will help pay for this. 

If you would like to learn more about our services, please contact DJ Kauffman Agency, serving Hutchinson, KS. 

Who should get a home insurance plan in Kansas?

Posted on by admin

Those that move to the Hutchinson, KS area should consider buying their own home. When you purchase a property in this area of the state, it will help you build long-term wealth and offer you a consistent and stable place to live. Those who are going to buy a property here need to have coverage for their home. There continue to be many situations when having this insurance is needed.

Property Owners May Have Insurance Requirements

When someone wants to get home insurance, they want to comply with their requirements. Many people in Kansas are required by mortgage lenders, home associations, or other rules that require you get appropriate coverage. If you are subject to any rules around your home insurance requirements, it is important that you meet them by finding an appropriate policy. 

Those that Want to Protect Asset

Even if you are not required by another company or party to carry home insurance, it is still a good investment for any property owner. When you are looking for a new home to buy, you will be making a major investment in your future. It is important that you protect this investment as well as you can. When you get a home insurance plan, it will provide you with coverage to repair your home if it is damaged. 

Anyone looking for home insurance in Hutchinson, KS should speak with the team at DJ Kauffman Agency. Those that come to DJ Kauffman Agency will find that they always receive great support and guidance. The team here can help to answer all of your questions and address any concerns that you have. We can then help you build a policy that is ideal for your lifestyle. 

Three mistakes to avoid when purchasing boat insurance in Kansas

Posted on by admin

It’s important to invest in a good boat insurance policy to protect yourself financially. At Dj Kauffman Agency, we sell insurance policies to boat owners in Hutchinson, KS.

If you are purchasing a boat insurance policy in Kansas, the following are three mistakes you need to avoid.

Purchasing only liability coverage

You might think that all you really need is liability coverage to protect yourself against potential lawsuits. However, you really should also get replacement coverage for your boat as well as collision coverage. This way, the value of your boat will be protected.

A boat is a valuable asset that you need to invest time and money in. As such, it’s important to protect your boat with insurance coverage. 

Being unaware of the navigational limitations of your policy

You need to understand that your boat insurance policy will probably only provide coverage within certain navigational limits. Your policy must cover the areas in which you’ll be regularly using your boat.

You need to invest in added coverage to expand navigational limits on your policy if the standard limitations mean you won’t be covered in certain locations where you’ll frequently want to use your boat. 

Not purchasing salvage and wreck removal coverage

One important type of coverage that boat owners sometimes overlook is salvage and wreck removal coverage. If your boat becomes damaged, it might become stranded in public waters. In this situation, you’ll be responsible for the costs of removing it. Salvage and wreck removal coverage on your boat insurance policy will cover these costs for you. 

You need to do your research and ask questions when you’re on the market for boat insurance in Hutchinson, KS. We can help you to find the right policy at Dj Kauffman Agency. Contact us to learn more about the insurance coverage we offer for boat owners.

5 Things to Know about Commercial Insurance

Posted on by admin

As a business owner in Kansas, it’s important to know about the commercial insurance options you have for your business.

1. What Is Commercial Insurance?

Commercial insurance will help you cover different aspects of your business. This can include general liability, property insurance, and workers’ compensation. Different policies, such as a business owner’s policy, combine various insurance types for your needs.

2. Is Commercial Insurance Required?

In Hutchinson, KS, and other areas in the state, commercial insurance, including workers compensation insurance, is not required. Still, different types of insurance will be required depending on the type of business you run. At a minimum, you want to have general liability insurance to protect you from several different lawsuits. However, there is no one-size-fits-all approach when it comes to commercial insurance. An agent at DJ Kauffman Agency can help you decide which is the best type of insurance for your business and whether it’s required or not.

3. Is Commercial Insurance Deductible?

Commercial insurance can be deducted from business expenses if it covers your business operations or trade. However, you cannot deduct it if it covers loss of business earnings or a self-insurance reserve fund.

4. What Determines the Premiums for Commercial Insurance?

Your commercial insurance will be dependent on several factors, such as your industry, number of employees, payroll size, and claims history.

5. When Should You Review Commercial Insurance?

Commercial insurance is usually a 12-month contract, and it’s not recommended to jump from one carrier to another while you are in the middle of a term. At the end of the term, it’s always a good idea to evaluate your coverage and see if your circumstances have changed and if that would require you to update your coverage.

Contact DJ Kauffman Agency to get a quote on commercial insurance.

Variables To Consider During The Winter For Your Home Insurance Policy

Posted on by admin

DJ Kauffman Insurance assists the Hutchinson, KS community by offering residents multiple types of insurance policies. We strive to help our clients find the right coverage for their situation. As an independent agency, we have established successful relationships with several carriers in the region. This allows us to help our clients find custom policies.

Variables To Think About During The Winter Concerning Your Home Insurance

Your home is one of your most prized possessions. That’s why it is important that you have the necessary protection to cover you in any situation. Home insurance covers your home if it is damaged or vandalized. The policy is a huge asset during Winters in Kansas, where a blizzard can cause serious damage. While you are making plans for the Winter, here are some variables to consider.

It’s important that you shovel the snow regularly around your home to prevent a potential liability situation. During the Winter, the concrete is normally slippery, which increases the likelihood that someone may slip and fall on your property. By maintaining the exterior of your home, you decrease the risk of someone getting injured.  

Winter may also cause some of your pipes to burst, which may cause serious damage to your home. To prevent the pipes from bursting, make sure that your home is well insulated. Another severe issue during Winter is the presence of strong winds. Make sure that you take anything that you have outdoors and store it somewhere safe. Secure your gutters and cut the trees around your home. Wind storms during the Winter have the potential to cause serious damage to your home. That’s why it is so important to prepare. Ice dams also have the ability to cause problems, so make sure that you monitor the amount of snow on your roof.

DJ Kauffman Insurance Will Help You Protect Your Family And Possessions

Visit our office in Hutchinson, KS or our website today to learn more information about home insurance.