Insurance

Does Your Motorcycle Insurance Cover Specialty Parts?

Posted on by agentinsure

Motorcycle enthusiasts in Sandy, UT, must maintain the same mandatory coverage as residents driving automobiles. While policies with adequate collision insurance typically cover repair costs, specialty parts are not always included. At The Smith Insurance Group Inc., we work diligently to ensure our clients have the financial protection they need.

What Are Specialty Parts?

Specialty parts refer to modifications or enhancements that go beyond the original design of a motorcycle. Just as hiring an unlicensed carpenter to replace shingles on your roof can void warranties, altering a motorcycle’s performance or aesthetics can impact insurance coverage. Specialty elements, such as the following, are often excluded from standard policies:

  • Enhancements: Many owners invest in wider tires to improve road traction or replace the exhaust, intake, and other components to boost engine capacity, torque, and performance.
  • Appearance: Modifications like adjusting a motorcycle’s height, swapping out handlebars and fenders, or replacing lights can give it a fresh look. However, these changes may also make the bike more challenging to operate.
  • Costs: Customized parts often cost more than standard ones. Some are handcrafted, while others use high-end materials like titanium or premium alloys. The combination of additional labor and expensive materials can exceed the coverage limits of a standard policy.

One key reason specialty parts may not be covered under your current policy is that the policy is based on standard parts and labor costs. Comprehensive motorcycle insurance typically uses these estimates to determine premiums. If you’ve made alterations or plan to customize your motorcycle, it’s essential to speak with a professional to update your policy and ensure specialty parts are covered.

Schedule an Appointment Today

If you live in Sandy, UT, and need to update your motorcycle insurance coverage, contact The Smith Insurance Group Inc. today. Let’s get the process started to ensure your ride is fully protected!

Exploring Your Options: How to Secure Health Insurance Coverage

Posted on by agentinsure

Cost is often the main reason Sandy, UT, residents forgo health insurance. However, many may not realize the variety of options available to them. These options offer a range of coverage levels and price points, ensuring that there is a plan to meet your needs and budget.

Employer-Sponsored Health Insurance

Workplace health insurance is one of the most straightforward options, which is why over half of Americans rely on it. As an employee, you enroll in your employer’s health insurance plan and pay a portion of your wages toward the premium, while the company covers the rest. This type of insurance typically covers you and your family members until your employment ends.

Government-Funded Programs

Government programs provide coverage for specific groups based on income and other criteria:

  • Medicaid: Covers low-income families, pregnant women, children, the elderly, and disabled individuals.
  • Medicare: Provides coverage for older people and people with disabilities.
  • Children’s Health Insurance Program (CHIP): Offers coverage for families who don’t qualify for Medicaid but cannot afford private insurance.

Affordable Care Act (ACA)

The Affordable Care Act offers a government-regulated marketplace where you can select plans from private carriers that meet government standards. Sandy, UT, residents can apply for health insurance through the Health Insurance Marketplace at healthcare.gov. Enrollment is available online, by phone, or via paper application, with the most options available during the open enrollment period, which runs from November to mid-January.

Explore Options with The Smith Insurance Group Inc.

At The Smith Insurance Group Inc., we partner with multiple insurance carriers to offer a variety of coverage options without limitations or stipulations. Our agents take the time to understand your health background and coverage needs to craft a personalized health insurance plan. This is an excellent choice for individuals who qualify for government programs as well as those who don’t.

Additional Health Insurance Options

Other health insurance options include:

  • Short-term health insurance (also known as "skinny plans")
  • Health sharing ministries
  • TRICARE military insurance

No reason justifies going without health insurance coverage. Our agents are here to help you find a plan that suits your needs and budget. For more information on health insurance options, contact The Smith Insurance Group Inc. or visit our office in Sandy, UT.

What You Should Know About Beneficiaries

Posted on by agentinsure

Deciding how to secure your loved ones’ future after your demise is a crucial life decision. Acquiring life insurance is a straightforward method to ensure your family has the necessary funds for your funeral or other expenses. If you reside in Sandy, UT, our dedicated team at Smith Insurance Group Inc. can assist you in finding the life insurance information you require. Our team has been serving clients in your area for over two decades.

Understanding Beneficiaries

Upon purchasing life insurance, you’ll need to designate one or more beneficiaries. These individuals will receive the payout from your life insurance after your demise. It’s crucial to inform your beneficiaries about your policy, including its location and the name of your insurance company.

If you experience a significant life event, such as marriage or divorce, you might consider changing your beneficiary. Ensure that each beneficiary’s most recent contact information is listed in the policy. Upon your death, your beneficiary can choose between receiving a lump sum payment or setting up a Retained Asset Account, which functions similarly to a checking account.

If you’re collaborating with an estate attorney, ensure they have a copy of your life insurance policy.

Schedule Your Appointment Today

We recognize the importance of making the right decisions for your family. Each member of our Smith Insurance Group Inc. insurance team is equipped to provide you with insurance education and client support. Clients in Sandy, UT have come to trust us for their insurance solutions. Contact us today, and let’s collaborate to find your insurance solutions.

How to be More Visible on Your Motorcycle

Posted on by agentinsure

In numerous auto/motorcycle accidents, the common excuse from the auto driver is often, "I didn’t see the motorcycle!" A comparatively small and swift motorcycle can easily be overlooked on a bustling road filled with vehicles. If you are a motorcyclist, you can take measures to increase your visibility. These steps are simple and don’t require any expensive purchases. They could be the difference between a safe journey home or a disastrous accident.

Increasing Your Visibility on the Road

Firstly, it’s crucial to use common sense and avoid drivers’ blind spots. Position yourself so that the driver in the adjacent lane can see you. Give commercial trucks a wide berth as they have larger blind spots, more moving parts, and cargo. Always keep your headlights on, even during the day. A modulator can make your headlights and brake lights more noticeable. While black leather jackets may look cool, it’s safer to wear something brightly colored, especially in dark or overcast conditions. Reflective tape on your helmet and strategically placed on your bike can further enhance your visibility. Knowing when to use your horn can alert other drivers to your presence. If possible, ride in a group and stay with them. Tap your brake lights well before you come to a stop. It’s a given, but always use your turn signals, both lights and hand signals. Above all, stay alert!

The Smith Insurance Group Inc. Serving Sandy, UT

If you live in the Sandy, UT, area and need to insure your motorcycle, please contact us at The Smith Insurance Group Inc. We’re here to help!

4 Reasons Why You Need to Add a Jet Ski to Your Watercraft Collection

Posted on by agentinsure

If you have a boat or two in your garage, you might want to expand your watercraft collection this summer before you head out on the river or lake. A jet ski is a great addition, and it’s easy to add to your watercraft insurance policy.

1. Easy to Use

Jet skis are easy to transport, sometimes even easier than a boat, and they are simple to use once you get out on the water. They are basic watercraft machines that are simple to operate and allow you to enjoy them in both shallow and semi-deep water.

2. Easy to Maintain

When it comes to maintenance, jet skis are some of the easiest to maintain. They only need basic service such as oil changes. Many jet ski owners are able to handle these maintenance services and manage the jet skis on their own.

3. Great Exercise

To properly maneuver these jet skis, you do have to engage in some form of physical activity. This can help you get some exercise and build up your strength. Compared to boating, this is more physically enduring, and with the driver having to maneuver and lift the jet ski, there is a lot of physical benefit to this watercraft.

4. Cost Efficient

Compared to getting another boat or some other complicated watercraft, a jet ski is simple and affordable. It makes a great addition to your collection and won’t break the bank when you purchase it. Jet skis also last a long time, so you’ll get plenty of use out of them before they need to be replaced.

If you’re a watercraft owner in the Sandy, UT area, contact us at The Smith Insurance Group Inc. today for more information on boat and watercraft insurance. We can help you get a personal policy that fits all your watercraft needs today.

The Benefits of Buying Private Health Insurance Outside of the Health Insurance Marketplace

Posted on by agentinsure

When it comes to health insurance, many people’s first thought is the Health Insurance Marketplace, particularly during open enrollment periods. However, the Marketplace isn’t the only option. Private health insurance plans offer unique benefits that might better fit your needs. At The Smith Insurance Group Inc. in Sandy, UT, we understand that finding the right health coverage can be daunting, and we’re here to help you explore all your options.

More Flexibility with Plan Choices

One significant advantage of purchasing private health insurance outside of the Marketplace is the variety of plans available. Marketplace plans are standardized, which can be limiting if you’re looking for something tailored to your specific needs. Private insurers often offer more flexibility in terms of coverage options, networks, and premiums, allowing you to find a plan that truly suits your lifestyle and budget.

No Restrictions on Enrollment Deadlines

While the Marketplace has strict open enrollment deadlines, private health insurance can be purchased at any time of the year. This is particularly beneficial if you miss the enrollment period or experience a life event that doesn’t qualify for a special enrollment period. With private insurance, you don’t have to wait for months to get the coverage you need.

Customized Coverage and Specialized Plans

Private health insurance allows for more customization. Whether you’re self-employed, need coverage for specific medical services, or are looking for broader provider networks, private plans often offer more specialized options.

If you’re exploring health insurance options, The Smith Insurance Group Inc. in Sandy, UT, is here to guide you. Contact us today to learn more about private health insurance and how it can provide the coverage you need without the constraints of the Marketplace.

How to Add Your New Child To Your Life Insurance Policy

Posted on by agentinsure

Congratulations on your new baby! Perhaps you’ve decided to adopt or foster an older child, or you’ve married someone with kids, and now you have a stepchild. Whatever the case, it’s a joyous occasion! Now, it’s time to add this new member to your life insurance policy to ensure their well-being if anything happens to you.

Here’s How To Do It Easy

First, review your current policy to understand what is covered and assess your new child’s needs. Determine the best time to add your child to the policy, typically within thirty days. Contact your insurance provider to initiate the process. Make sure all necessary information, such as the birth certificate, social security number, and proof of guardianship, is ready for the agent. Remember, adding a new dependent to your insurance may alter your premiums, so budgeting accordingly is essential. You may also need to update your other insurance policies. Review the coverage as it pertains to your entire family. You might want to consider the option of additional insurance.

Contact The Smith Insurance Group Inc. Serving Sandy, UT

A new child brings significant changes to your life, including your insurance. If you are in the Sandy, UT area and looking for life insurance, please contact The Smith Insurance Group Inc. We will connect you with a proficient and courteous agent dedicated to helping you find the policy that is best for you and your family.

Type of Coverage For Your Motorcycle in the Winter

Posted on by agentinsure

Motorcyclists often underestimate the value of insurance in the winter. Canceling your policy should never be an option. The staff at The Smith Insurance Group Inc. in Sandy, UT, can make you aware of the risks should you temporarily cancel your motorcycle insurance policy. Thankfully, there are several types of coverage available to protect your ride.

Lay-Up Motorcycle Insurance

During the winter months, the use of your motorcycle lessens as the roads become too slick for a smooth ride. Many cyclists choose to downgrade their existing policy to a lay-up insurance plan. Some insurance agencies call this coverage motorcycle storage insurance. It protects the bike from theft, damage, vandalism, and other non-comprehensive coverage while in storage. However, you cannot ride your bike during the policy’s lay-up period, as collision and liability coverage is suspended. If you choose to ride, you will will be liable for all damages in an on-road accident.

Seasonal Motorcycle Insurance

Another motorcycle insurance option is purchasing a seasonal policy during the winter months. The coverage allows you to customize the policy to your liking. Usually, the coverage reflects the amount of riding done during the fall and winter months. Riders will remove all liability coverage on the policy if they plan to put their bike in storage for the winter. Once again, if you choose to be inactive, be sure to reinstate all the comprehensive, collision, and liability coverage before getting back on your motorcycle. Seasonal insurance could protect your bike all year long.

Motorcycle insurance is the lifeblood for all riders during the summer months. However, the winter months allow cyclists to downgrade their policy in Sandy, UT, and other parts of the United States. The Smith Insurance Group Inc. staff can provide options that protect your motorcycle while in winter storage. Call and schedule an appointment today.

How Boat Insurance Protects on the Water and Off

Posted on by agentinsure

Understanding the Importance of Boat Insurance

As a boat owner, you might underestimate the significance of boat insurance or remain unaware of the various risks it can shield you from. A myriad of protection types is available in your boat insurance policy, and opting for multiple coverages is usually preferable, ensuring protection against several risks associated with owning a boat. Call The Smith Insurance Group Inc. in Sandy, UT to get started.

Boat Liability Protection

Similar to auto insurance, boat insurance offers different types of liability coverage that can be included in the policy. This comprises coverage for bodily injury liability along with coverage for property damage liability. Each pays for distinct incidents that can occur during a boating accident. The bodily injury coverage will bear the costs of other people’s medical bills and subsequent expenses if they get injured in an accident where they’re at fault. Property damage liability covers damage inflicted on the other boat and may cover personal belongings within the boat. It’s typically recommended for every boat owner to utilize both types of coverage.

Additional Boat Insurance Coverage

To get coverage that reimburses the damage inflicted on your boat in an accident, you’ll need collision boat coverage. This can defray the repair costs for your boat. Comprehensive coverage is available to secure your boat while not on the water. This covers the boat against a wide spectrum of risks it faces while not being operated. This can safeguard your boat from numerous land-based risks.

Securing Boat Insurance in Sandy, UT

If you need a boat insurance policy, call The Smith Insurance Group Inc. in Sandy, UT.

Benefits of Wellness Checks and Annual Lab Work

Posted on by agentinsure

You’re constantly hearing about how you need health insurance, and since you feel fine, you may not understand why it’s so important. The best way to treat yourself for any illness is to take advantage of wellness checks and annual lab work. Below are the benefits to consider if you’re on the fence about getting a policy. 

1. Catch Signs Early On

Having annual blood work taken at least once a year can allow your healthcare provider to see if any concerning changes are developing in your body. For example, folks who are diagnosed with high blood pressure and diabetes show signs of elevation if they have their blood work done regularly. This can help them start treating these issues early on and start medication before the issue develops into something worse. 

2. Check Your Immune System

If your immune system is starting to lack the essential vitamins and minerals needed to be efficient, it can be traced and found through wellness checks and lab work. When you visit your doctor, let them know of any changes or symptoms you may have developed, whether small or minor. This could encourage them to add testing to your lab work and check your immune system. 

3. Establish Medical History

One of the greatest things about having these annual checks is to meet with your doctor and establish a medical history. In addition to the lab work, these physicians will note anything you mentioned during the visit and any dietary or exercise changes discussed. In the future, if you start to show signs and symptoms of specific disorders, they can track your medical history with these visits. 

If you live in the Sandy, UT, area and would like more information on getting a personal health insurance policy, contact our team at The Smith Insurance Group Inc. today.