Tag Archives: Elaine Mahr

Elaine Mahr: Liability Limits and Asset Buckets

Elaine Mahr: Liability Limits and Asset Buckets

 

Elaine Mahr from Farmers Insurance is with us to explain how your net worth affects what amount of liability insurance you should have. She also goes into how to determine your net worth and also how to allocate it.

Determining your net worth to be sure you are not under-insured is extremely important. You have worked hard for what you have now let’s do our best to make sure you do not lose it. You want to build a wall of liability. Liability is the least expensive coverage but Elaine believes it is the most vital.

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What’s Happening With Auto Premiums

Elaine Mahr Farmers Insurance Agent
Elaine Mahr Farmers Insurance Agent

Auto Premiums Going Up

Americans are driving more, thanks to rising employment and cheaper gasoline. But that also means they’re getting into more accidents — and that’s leading to higher insurance premiums.

Of course, it’s not just a matter of more people cruising the roads. Unsafe behavior also may be contributing to a national accident problem, according to research released by the AAA Foundation for Traffic Safety. A report by the Department of Transportation found about 94 percent of drivers engaged in at least one risky behavior while behind the wheel within the past month, including using cell phones or not wearing seat belts.

Size of claims

The size of claims — which in industry lingo is called “claims severity” — is trending higher and affecting several auto insurance companies. Rising costs for medical care and auto repair are big drivers of increasing claims severity. The increasing price of auto parts contributes as well.

But critically, there are more personal auto claims as a result of Americans driving more miles. That trend, which is closely watched by industry analysts, can hurt the profitability of the insurance companies.

How do we mitigate cost?

  • Talk to Elain Mahr  today!  314.238.0055
  • Review Policy
  • Increase Deductible
  • Evaluate your car.  You can visit sites like www.nada.com or Kelly Blue book
  • Decide if you need Full or Liability Insurance
  • Good Student Discount

 

Life Insurance Is Worth It In The End

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Life Insurance Is Worth It In The End

Deciding whether you need life insurance can be a complicated process. The decision can be even harder when you are younger. Today Elaine Mahr highlights some of the issues that you should think about.  Be sure to listen in to find out more about the cheapest insurance policy one can own that has the most benefits to your loved ones.

Life Insurance Audio:

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How To Determine If You Should File a Claim

Elaine Mahr Expert Contributor show card for a insurance claim

How To Determine If You Should File a Claim

When unexpected events happen to your home, car, or other investments it can be a difficult decision to determine whether a claim should be filed or not. When trying to decide to file a claim, your agent is on your side to help make the best decision for you and your family.

 

Calling in a claim – call agent first vs 800 #.   (order takers document in system)

If you call your agent, does it get recorded in the system? No, unless it gets called in to the 800#.

  • Agent is your advocate
  • Protect your loss history
    • 3 year history
    • Type of claim and when was last claim
    • Look at claims at the location and the insured

 

How to determine if you should file a claim:

  1. Determine if it is a maintenance issue or due to a peril   (perils covered…)           
    • Maintenance if it could have been prevented by having proper maintenance to home.                                                                                                                                                           
  2. Is it a Comprehensive claim or is it Chargeable?  (understand water claims)
    • Comprehensive – Weather/Act of God
      • Home – Hail, Wind
      • Auto – Fire, Theft, Wind, Hail, Hitting an animal (Deer)
      • Is it better to hit the animal on the road or swerve to avoid them and possibly wreck?                                                                                                                                        
  3. How many claims do you already have?  ( companies non renewing after 2 claims – high risk pool)
  4. What is your deductible – flat or %?   EQ always %
  5. Get a pre inspection esp. on roofs. Stay away from storm chaser, door knockers.  (contractor will typically come back when insurance adjuster comes out.)
    • May disappear
    • No Warranty
    • Trusted Roofing Company:

Anderson Building Company

Address: 135 Chester Ave, St. Louis, MO 63122

Phone: (314) 821-0504

http://andersonbuildingco.com/

Elaine Mahr Audio:

Call for a free Insurance Analysis:

Elaine Mahr

Insurance Agent

314.238.0055

emahr@farmersagent.com

www.farmersagent.com/emahr

 

 

 

Do You Have A Roof Over Your Head? Got Insurance?

Elaine Mahr Expert Contributor show card

Insurance 101 With Elaine Mahr – Expert Contributor

Do you have home owners insurance? When was the last time you reviewed your polity?  Your home is where you hang your hat, where your family sleeps, and where you keep your valuable and meaningful belongings. When it comes to protecting your investments, there are few things more important than insuring your home.

That’s because Homeowners insurance can help you:

  • Cover your property and possessions if they’re damaged or destroyed by a covered loss.
  • Protect your assets if you’re sued for your alleged negligence that caused an accidental resulting in property damage or injury to another.

To know you’re covered the way you want, it’s important to know how much coverage you want, and which coverage options are available to you.

Homeowners Insurance Audio File:

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ELAINE MAHR/ FARMERS INSURANCE AGENT

Elaine Mahr Farmers Insurance Agent
Elaine Mahr Farmers Insurance Agent

ELAINE MAHR/ FARMERS INSURANCE AGENT

Elaine Mahr, an experienced insurance agent, brings a high level of authenticity and care to her clients.  She is interested not only insuring her clients but educating them as well.  Know that when you receive your policy from Elaine you will actually understand it.  Her mission is: To become a trusted advisor and educate my clients regarding a better way to build their insurance portfolio.  Insurance is not one size fits all. 

Audio Elaine Mahr

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Getting To Know Elaine Mahr

Elaine Mahr Farmers Insurance Agent
Elaine Mahr Farmers Insurance Agent

ELAINE MAHR/ FARMERS INSURANCE AGENT

Elaine Mahr, an experienced insurance agent, brings a high level of authenticity and care to her clients.  She is interested not only insuring her clients but educating them as well.  Know that when you receive your policy from Elaine you will actually understand it.  Her mission is: To become a trusted advisor and educate my clients regarding a better way to build their insurance portfolio.  Insurance is not one size fits all. 

Farmers Insurance has been around since 1928.  So when Elaine was deciding on where to land as an agent it was a no brainer to go with a company that is well established and has maintained it’s dream of providing quality insurance products for a reasonable price.  In the decades that followed Farmer’s has grown and adapted to meet the changing needs of all their clients and potential clients.

Elaine understands that when and if a tragic life event happens how important insurance is to the family.  Your favorite pillow, bed, big screen TV, or home is up to you to find; Elaine will provide you the peace of mind knowing all of that is protected to allow you to sleep soundly at night.

At  Mahr Agency they help educate clients as to what coverage fits their needs and what to expect in the event they ever need to file a claim. Their goal is to get their clients the best value without compromising the coverage they truly need. Mahr Agency provides a no cost / no obligation review(s) comparing prospective clients current coverage to our recommendations.   They would love to do the same for you!

Elaine and her team  know insurance can be a confusing topic and are willing to go that extra mile to help bring you a product that serves you the best.

Elaine says,”At the Mahr Agency we educate clients as to what coverage fits their needs and what to expect in the event they ever need to file a claim. Our goal is to get our clients the best value without compromising the coverage they truly need. We provide no cost / no obligation reviews comparing prospective clients current coverage to our recommendations. Would love to do the same for you! With all the recent changes in the insurance industry we encourage everyone to educate themselves as to the coverage they have in place. We pride ourselves in doing what is best for you, not for us. Call us or better yet, stop by!”