Buying health insurance in NJ can be overwhelming, with various plans and options to consider. Making the wrong decisions could lead to inadequate coverage or unnecessary expenses.

Mistake 1: Not Understanding Your NJ Health Insurance Needs

One of the most common mistakes is not understanding your healthcare needs. Take the time to assess your health status, medical history, and potential future needs. Consider factors such as prescription medications, doctor visits, and any ongoing treatments or conditions. Understanding your needs will help you select a plan that aligns with your healthcare requirements.

Mistake 2: Choosing Your NJ Health Insurance Based on Price Alone

While affordability is essential, selecting a health insurance plan solely based on price can lead to inadequate coverage. A plan with lower premiums may offer fewer benefits or higher out-of-pocket costs. Evaluate the overall value of the plan by considering both the premium and the coverage it provides.

Mistake 3: Ignoring In-Network NJ Health Insurance Providers

Always check if your preferred healthcare providers, doctors, and hospitals are in-network for the health insurance plan you are considering. Visiting out-of-network providers can result in higher costs or reduced coverage. Ensuring your preferred providers are in-network will save you money and provide seamless access to healthcare services.

Mistake 4: Overlooking Prescription Drug Coverage

If you take prescription medications regularly, make sure the health insurance plan includes adequate prescription drug coverage. Check the plan’s formulary to ensure your medications are covered, and review the copayment or coinsurance amounts for prescription drugs.

Mistake 5: Skipping the Fine Print

Reading the fine print may seem tedious, but it’s crucial when buying health insurance. Pay attention to details such as deductibles, copayments, coinsurance, and coverage limits. Understanding these terms will prevent surprises when it’s time to use your health insurance.

Mistake 6: Not Considering Out-of-Pocket Costs

Beyond premiums, health insurance may involve out-of-pocket costs like deductibles and coinsurance. Evaluate the total cost of the plan, including these expenses, to determine if it fits within your budget.

Mistake 7: Missing Enrollment Deadlines

Enrollment deadlines are critical to avoid gaps in coverage. Missing open enrollment periods could leave you uninsured until the next enrollment window. Stay informed about enrollment dates and mark them on your calendar to ensure continuous coverage.

Have questions on health insurance?  Bogle Agency is here to help and only a phone call away at (201) 939-1076.

Should I Invest In Life Insurance?

Life Insurance can be a complicated subject. It is considered an investment when it provides protection for your beneficiaries upon your death. The need for life insurance and how much of it depends on your requirements. Bogle Agency Insurance can be an important resource to utilize when deciding whether to invest in Life Insurance. We can help answer the question – Is Life Insurance in NJ a wise investment?

Define Life Insurance

Life Insurance is protection against any financial hardship your dependents face if you die unexpectedly. There are two types of Life Insurance – Term Life Insurance and Whole Life Insurance. Term Life Insurance is for a set period of time, for example 20 years. This type of Life Insurance offers coverage for your family during the time when they are most reliant on you financially. Whole Life Insurance is good for your entire life. Life Insurance can cover debts owed by the deceased, like a mortgage, or it can be used to offset the loss of your income when you pass away.

Good Investment Or Not?

One benefit of a Whole Life Insurance policy is that often a loan may be secured by using the policy as collateral. This loan would be against the cash value of the policy if, for instance, you wanted to buy a house or pay for college. In some cases a Whole Life Insurance policy can provide funds before death if you are diagnosed with a life-threatening disease. A Whole Life Insurance policy is a good investment.

A Term Life Insurance policy has a set time limit and protects you as long as the term lasts. When the term expires there is no more coverage. Term Life Insurance is a short time investment, but during the term you are covered.

Professional Help Is Available

Bogle Agency Insurance knowledgeable agents can help you decide whether or not to buy Life Insurance. You may have been investing for the future and have a substantial sum of money to take care of your family. This may make buying Life Insurance seem unnecessary. Most families feel that any additional resources will be a help after the death of a family member who is the main financial provider. Whatever your situation is, if you are considering Life Insurance, call Bogle Agency Insurance in Lyndhurst NJ at (201) 939-1076 to speak with one of our agents. We offer our services to individuals and families in Bergen County and surrounding NJ counties.

Disability insurance may not be a topic that comes to mind often, but it plays a vital role in safeguarding your financial security. Unexpected health challenges or accidents can happen to anyone, causing a significant impact on your ability to work and earn an income. Bogle Agency Insurance based in Bergen County, NJ has the expertise necessary to help you find the correct Disability Insurance! 

Understanding Disability Insurance And How It Can Offer  Financial Protection

Disability insurance is a type of insurance designed to provide financial protection if you are unable to work due to a disability. This disability could be the result of an illness, injury, or accident. Disability insurance ensures you continue to receive a portion of your income, helping you cover essential expenses while you focus on recovery and rehabilitation.

The Significance of Disability Insurance

1. Protecting Your Income

   Your ability to earn an income is one of your most significant assets. Disability insurance acts as a safety net to protect your income when you are unable to work. Without this coverage, you could face financial hardships and struggle to maintain your standard of living in the event of a disability.

2. Covering Living Expenses

   Disability insurance provides financial support to cover daily living expenses, such as mortgage or rent payments, utility bills, groceries, and medical expenses. With disability coverage in place, you can focus on recovery without worrying about how to make ends meet during challenging times.

3. Ensuring Peace of Mind

   Knowing you have disability insurance brings peace of mind. Life is unpredictable, and accidents or illnesses can happen unexpectedly. Having disability coverage gives you the assurance that you and your family are protected financially, allowing you to concentrate on your health and well-being.

Exploring THE Different Types of Disability Insurance

1. Short-Term Disability Insurance

   Short-term disability insurance provides coverage for a limited period, typically for a few months. It is designed to replace a portion of your income during a temporary disability, such as recovery from surgery or an illness.

2. Long-Term Disability Insurance

   Long-term disability insurance offers coverage for an extended period, often until retirement age, if needed. This type of coverage becomes crucial if you experience a severe disability that prevents you from returning to work for an extended period.

Disability insurance is a critical component of your overall financial plan. It provides a safety net to protect your income and cover living expenses in case of an unexpected disability. With disability coverage in place, you can focus on recovery without worrying about financial hardships. Whether you choose short-term or long-term disability insurance, having this protection is essential for your peace of mind and financial security.

We can help you find the disability insurance policy that best fits your needs and circumstances, give us a call today at (201) 939-1076. Prioritizing disability insurance today can make a significant difference in ensuring your financial stability and well-being in the face of unforeseen challenges.

Chubb Masterpiece Homeowners Insurance

Bogle Agency Insurance offers top Homeowners Insurance protection with Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb has long been known as a top insurance carrier in NJ and we are happy to provide the information you need to make the decision to choose Chubb Homeowners Insurance coverage. Bogle is always seeking the optimal way to serve our clients’ insurance needs and we offer this superior product to Bergen and Morris County homeowners.

Outstanding Coverage Along With Top Service

Chubb Masterpiece Homeowners Insurance provides homeowners with top insurance protection and great service. If you should suffer a loss Chubb is quick to send an adjuster to your home to assess the damage and start processing your claim swiftly. Chubb has experts on hand if your loss includes possessions that have more value than standard household items. We offer to educate you in ways to prevent future losses. There are many ways in which Chubb offers top-notch coverage and excellent service to clients.

Best Insurance For The Best Price

Bogle Agency Insurance is always seeking premier coverage at the most affordable price for our clients. We offer Chubb Masterpiece Homeowners Insurance because we feel it is excellent protection priced fairly. If you are a first-time home buyer or have owned many homes over the years, make it a priority to talk to us about Chubb Masterpiece Homeowners Insurance. We can be reached at (201) 939-1076.

Bogle provides all types of insurance coverage to our NJ clients. Call us today for Automobile Insurance, Business Insurance, Life Insurance, Health Insurance and so much more.

What Is Property Casualty Insurance?

Property Casualty Insurance is insurance that combines protection for property owned by you, such as a house, or personal possessions, and liability insurance for if you ever cause an accident that injures another person or damages another person’s property. There are a much greater potential set of details for these coverages, depending on individual need, but this is a general description for Property Casualty Insurance.

Bogle Agency Insurance, located in Bergen County NJ, is a valuable resource for the explanation of the terms and conditions of Property Casualty Insurance. Our agents have experience in all types of insurance and are ready to help you find the best coverage for the most affordable price. We offer assistance to residents of Bergen County NJ as well as anyone in a broad surrounding part of NJ.  Our agents provide professional help in understanding Property Casualty Insurance in NJ.

When Are You Likely To Need Property Casualty Insurance?

Property Casualty Insurance protects you in the event of an unexpected accident or loss. Your home, and personal possessions are covered in the event of a fire, accident or theft. Casualty Insurance provides liability protection in legal matters that may be the result of an accident, caused by you, resulting in injury or damage to another person or person’s property.

Always Seek Professional Advice

Bogle Agency Insurance has been helping individuals, families and businesses in NJ with insurance needs for over 100 years. In that time we have gained valuable experience in every aspect of the insurance business. Our friendly, knowledgeable agents provide outstanding advisory assistance with Property Casualty Insurance as well as all other types of insurance. We can be reached at (201) 939-1076.

Top Insurance Carrier – Best Coverage

Bogle Agency Insurance offers Chubb Masterpiece Recreational Marine Insurance to NJ clients who own boats. We provide this outstanding insurance because we feel it is the best coverage for NJ boat owners. Owning a boat can provide endless pleasure on the water, but this ownership also comes with responsibility. Making your recreational marine experiences stress-free is our goal and we feel that boating insurance with Chubb is the best way to manage that.

Coverage For Your Boat And For Your Family

Coverage with Chubb Masterpiece Recreational Marine Insurance is complete, not partial or patchwork. This insurance offers repairs or replacement of your boat and everything on board. If personal belongings are lost or damaged, replacement is provided. If anyone is injured in an accident while on your boat, there is coverage for medical expenses. Chubb has watercraft specialists who know how to deal with damaged boats, and with the problems that face a boat owner after an accident.  Boating Insurance with Chubb is the best way to have peace of mind when enjoying fun on the water. 

Offering Professional Expertise

Bogle Agency Insurance offers the best insurance protection for the best price. You benefit from our longtime experience and knowledge regarding the needs of those seeking insurance. For NJ boat owners we feel Chubb Masterpiece Recreational Marine Insurance is the top of the line. For boating insurance or any other type of insurance, give us a call and speak with one of our knowledgeable agents. We can be reached at (201) 939-1076

NJ Auto Insurance Add-On Coverage Options

When it comes to auto insurance, there are essential coverage options to protect you and your vehicle. However, you can also enhance your policy with additional add-ons that provide extra layers of protection and peace of mind. In this blog post, we will delve into the various add-ons and additional coverage options available for auto insurance. From roadside assistance to rental car coverage, we’ll explore these options that can make a significant difference in times of need.

Roadside Assistance – Auto Insurance Add-On

Roadside assistance is a valuable add-on that provides help when you experience a breakdown or other vehicle-related issues. It typically includes services like towing, jump-starting a dead battery, delivering fuel, changing a flat tire, and locksmith services. Having roadside assistance coverage ensures that help is just a phone call away, providing convenience and peace of mind during unexpected roadside emergencies.

Rental Car Coverage – Auto Insurance Add-On

Rental car coverage is an add-on that comes into play when your vehicle is being repaired due to a covered accident or incident. It helps cover the cost of renting a substitute vehicle during the repair period. This add-on can be especially beneficial if you rely on your vehicle for daily transportation or have a long repair duration. Rental car coverage saves you from incurring additional expenses while your car is out of commission.

Gap Insurance – Auto Insurance Add-On

Gap insurance is an add-on coverage designed to protect you if your vehicle is declared a total loss after an accident. When a vehicle is deemed a total loss, the insurance payout may not fully cover the outstanding loan or lease balance. Gap insurance helps bridge this “gap” by paying the difference between the actual cash value of your vehicle and the amount owed. This coverage is particularly valuable for individuals who have recently purchased a new car or have a lease agreement.

Custom Parts And Equipment Coverage – AUTO Insurance Add-On

Custom parts and equipment coverage is an add-on option for auto insurance that provides protection for aftermarket upgrades or modifications made to your vehicle. This coverage helps reimburse you for the cost of replacing or repairing these customized parts if they are damaged or stolen. Whether you have added a high-end sound system, custom rims, or other enhancements, custom parts and equipment coverage ensures that your investments are safeguarded in case of unexpected events. It’s essential to review the terms and limits of this coverage to ensure you have adequate protection for your specific customizations.

Collision and Comprehensive – AUTO Insurance Add-On

Excess Liability Protection With Chubb

Bogle Agency Insurance offers Chubb Masterpiece Excess Liability Insurance because we feel it provides the best coverage with the highest limits. Homeowners Insurance and Automobile Insurance cover you for liability to a limited degree. When the unexpected occurs and you find you are not completely covered for liability, you need Umbrella Insurance or Excess Liability Insurance. This protection is what Chubb Masterpiece Excess Liability Insurance offers. The term “Umbrella Insurance” arises from the fact that this insurance covers you like an umbrella. We are pleased to offer NJ families the protection of Excess Liability Insurance with Chubb.

Protection for Your Family’s Lifestyle

You and your family probably enjoy a comfortable lifestyle with expensive possessions. Excess Liability Insurance protects you with higher limits than standard insurance, and offers you peace of mind.

Chubb Masterpiece Excess Liability Insurance is meant to protect NJ clients who need coverage above what the traditional Homeowners Insurance and Automobile Insurance provide. This insurance also covers your legal representation if needed as the result of an unforeseen event. Bogle Agency Insurance recommends that NJ families take advantage of this excellent coverage offered by Excess Liability Insurance with Chubb.

Professional Guidance

Bogle Agency Insurance provides assistance and guidance to help you choose the best insurance protection. We offer Chubb’s Excess Liability Insurance because it is simply the best coverage. Our experienced agents are always ready to help you decide what type of insurance coverage offers the most protection for your circumstances. Call Bogle at (201) 939-1076 for an appointment to discuss Excess Liability Insurance.

When a NJ disaster strikes, whether it’s a fire, storm, or burglary, your home and belongings can suffer significant damage. In such unfortunate circumstances, knowing what to do after a disaster is crucial. This Bogle Agency Insurance blog post will guide you through the necessary steps to take after a disaster strikes and how to navigate the home insurance claims process smoothly.

Home Insurance Claim Step I: Assess the Safety of Your Home

After a disaster, the safety of you and your family should be the top priority. Before entering your home, ensure that it is safe to do so. Check for structural damage, gas leaks, electrical hazards, or any other potential risks. If you suspect any immediate danger, contact the appropriate authorities or professionals for assistance.

Home Insurance Claim Step II: Contact Us, Your Agent, or Your Insurance Company

As soon as it is safe to do so, contact us @ (201) 939-1076 or your insurance company to report the incident.

Provide Bogle Agency Insurance or your company with the essential details about the disaster, including the date, time, and nature of the event.

Take note of your policy number and keep it readily available for reference.

Bogle Agency Insurance or your insurance company will guide you through the claims process and provide instructions on the next steps.

Home Insurance Claim Step III: Document the Damage

To support your insurance claim, thoroughly document the damage to your property.
Take photographs or videos of the affected areas, including any personal belongings that have been damaged or destroyed. Make a detailed inventory of damaged items, including their approximate value, purchase dates, and any relevant receipts. This documentation will help ensure that you receive the appropriate compensation for your losses.

Step Iv: Mitigate Further Damage

It is your responsibility as a homeowner to take reasonable steps to prevent further damage to your property.
If safe to do so, take immediate action to mitigate any additional harm. This may involve covering broken windows, tarping damaged roofs, or drying out water-damaged areas. Keep records of any expenses incurred during the mitigation process, as they may be reimbursable under your insurance policy.

V: Work with Your Insurance Adjuster

Once you have reported the incident, your insurance company will assign an adjuster to evaluate the damage.
Cooperate fully with the adjuster and provide them with all the necessary documentation and information. Be present during their assessment to ensure that all damages are accurately documented. Maintain open communication with your insurance company and ask questions if you are unsure about any aspect of the claims process.  Call us if you have any questions.

VI: Keep All of Your Documents For Your Claim

After filing your claim, keep a record of all communications with your insurance company. Stay organized by keeping copies of all correspondence and claim-related documentation.  Call us if you need assistance.

VII: Take Care of Yourself and Your Family

Dealing with a home disaster can be emotionally and physically draining. Remember to prioritize self-care and seek support from family, friends, or counseling services if needed. Take steps to restore your well-being and create a sense of normalcy for yourself and your loved ones.

Determinants Of Homeowners Insurance Premiums

Certain factors have an effect on your homeowners insurance premium. These factors make filing a claim more likely, and they range from the condition of your home to your financial standing. When pursuing lower premiums in Homeowners Insurance, eliminating or reducing these considerations is essential. Bogle Agency Insurance works to offer the best Homeowners Insurance coverage to NJ homeowners, with top carriers, and at the most affordable cost. Below we offer some factors that may affect NJ Homeowners Insurance premiums.

Common Factors That Affect Homeowners Insurance Cost

Some factors that determine the premium on your Homeowners Insurance are:

Deductible – This is the amount of money you pay on a claim before the policy coverage takes over. Deductibles are meant to induce homeowners to take good care of the condition of their property. Although a higher deductible means a lower premium, this should not necessarily be the only consideration when purchasing Homeowners Insurance.

Replacement Cost – This is the amount it would take to rebuild your house. Additions and renovations might make the house more comfortable and more desirable for resale, they also make replacement cost higher. This means the insurance company would have to pay out more in the event of a loss, and in turn would make your premium higher.

Condition of the house – The condition of the house you are insuring is a consideration in Homeowners Insurance coverage. Damage to a part of the house, like a roof or foundation, is taken into account by insurance companies when determining the premium amount. To avoid costly claims in the future, damage should be repaired. Some companies will deny coverage if there is serious damage to the roof or foundation of a house.

Pets – Hard to believe, but some pets can make Homeowners Insurance cost more. Certain breeds of dogs are considered more dangerous to the public than others. Although this probably doesn’t apply to your dog, statistical analysis indicates this to be a factor in insurance premiums.

Proximity to a Fire Station – When determining premiums for Homeowners Insurance, carriers consider the travel time from the nearest fire station to your house. Fire claims make up a large part of property claims. The distance from a fire station to your house could make the difference between a total loss and only minor damage.

Credit History – Regarding the determination of insurance rates, your credit history is a factor. This is in the interest of reducing fraudulent claims.

Manage Risk And Keep Insurance Costs Lower

Working at lowering the risk of an insurance claim can help reduce premium cost. Being aware of risk problems and trying to alleviate them can lower Homeowners Insurance premiums.

Bogle Agency Insurance offers Homeowners Insurance to Bergen and Morris County NJ and surrounding area families. Our agents are experienced in the many facets of Homeowners Insurance and can help educate you about the potential risks that will raise your Homeowners Insurance cost. It is our goal to offer the best insurance coverage for the most affordable price. If you are in need of Homeowners Insurance, call us at (201) 939-1076 and talk with one of our knowledgeable agents.