What Every Homeowner Should Know

 

Whether you’re buying your first home or you’ve owned one for years, it’s important to understand home insurance. It helps protect your home and belongings if something unexpected happens—like a fire, storm, theft, or if someone gets hurt on your property.

Here’s a simple guide to help you learn the basics.

What Does Home Insurance Cover? A regular home insurance policy usually includes:

1. Dwelling Coverage – Pays to fix or rebuild your house if it’s damaged, including things like the walls, roof, and built-in appliances.

2. Personal Property Coverage – Covers your things, like furniture, clothes, and electronics, if they’re stolen or damaged.

3. Liability Protection – Helps pay for legal costs or medical bills if someone gets hurt on your property and it’s your fault.

4. Loss of Use – Pays for you to live somewhere else (like a hotel or rental) if your home can’t be lived in because of damage.

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Need help picking the right home insurance? Our team is here to help — CONTACT US and we’ll walk you through it.

How To Best Maintain Your Vehicle

 

The average age of vehicles on the road is about 8 years and 14 years at scrappage. At Tillman Insurance Advisors, we are interested in how to best maintain your vehicle to keep it on the roads for a longer period.  

Your vehicle is a machine, and a machine requires regular maintenance to keep running. You can keep it on the road for close to 500,000 miles by properly maintaining your vehicle. 

Your vehicle can be a pain in the neck without proper maintenance. Knowing how to best maintain your vehicle will help you avoid regular visits to mechanical workshops.  

That being said, there are some ways to make sure breakdowns are reduced to a minimum with your vehicles; Read more...

If you have questions or concerns, you can reach out to us at Tillman Insurance Advisors. There is always someone ready to address your worries.

Can You Borrow Against Your Life Insurance Policy?

 

 If you have an emergency that requires money, numerous choices are available to borrow from. You will be familiar with popular alternatives like home loans, credit cards, private loans, and so on. All of these options have their benefits and downsides. You may sometimes find it hard to get a loan via these regular options; a perfect option to resort to is borrowing against your life insurance policy.   

Whenever you borrow against your life insurance policy, in most cases, you receive the funds in a few days, and you don’t need to have a solid credit rating to be eligible. Unfortunately, many usually neglect to borrow against their life insurance. 

Can you borrow against your insurance policy? Can you take money out against your life insurance policy? How much can I borrow from my life insurance policy? Is it advisable to borrow against your insurance policy?

Continue reading to have an idea...

If you have questions or concerns, you can reach out to us at Tillman Insurance Advisors. There is always someone ready to address your worries.

5 most common myths about life insurance

 

When it comes to life insurance, there are many myths and misconceptions that can prevent people from purchasing the coverage they need. Life insurance is a crucial component of financial planning, and it’s important to separate fact from fiction when making decisions about your coverage.

In this article, we will debunk five of the most common myths about life insurance.

Myth #1: Life insurance is only for people with dependents
While life insurance is often associated with providing for dependents in the event of a policyholder’s death, it can also serve other purposes. For example, life insurance can be used to pay off debts, cover funeral expenses, or provide an inheritance for loved ones.

Myth #2: Life insurance is too expensive
Life insurance can be surprisingly affordable, especially for younger and healthier individuals. Term life insurance policies, in particular, can provide significant coverage at a low cost.

Myth #3: My employer-provided life insurance is enough
Employer-provided life insurance policies often have low coverage limits and may not meet your financial needs. Additionally, if you leave your job, you may lose your coverage.

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There are many myths and misconceptions that can prevent people from purchasing the coverage they need. For more Information, contact Tillman Insurance Advisors.