Best RVs on the Market

With the more beautiful weather of the summer months quickly approaching, RV aficionados will be flocking to the sales lots to search for their next road trip ride. When it comes to insurance, RVs are a different beast than auto insurance. At American Founders Insurance Group Inc. in Tulsa, OK, our competent and friendly team will answer all your questions and make sure you purchase the right coverage for your needs. 

Newmar 2019 Dutch Star

If luxury and comfort is a priority, then you’ll want to give this Newmar a long look. It features sliding bedroom doors, available theater seats, granite countertops, and porcelain polished tiles. The Cummins diesel engine features 450 horsepower and adaptive comfort drive steering that allows both the driver and the passengers to enjoy a luxurious ride. 

Winnebago Tour Coach

First adopted in 1941, the Winnebago is a legend in the RV industry. Often synonymous with versatility and comfort, the 2019 Winnebago Tour Coach offers ultra leather fabric seats that are incredibly durable and easy to clean. Each RV is standard with the Glide & Dine table that easily converts into everything from a dining table to a coffee table. The only cons are the upfront cost and how expensive this RV is to maintain. 

Pleasure Way Mercedes Benz Sprinter

Build on the chassis of the Sprinter van, this Class B RV is a little bit smaller but doesn’t lack in features. It includes a memory foam power sofa, flat-screen TV, swivel chairs that can fold to create another dining/sitting area. Most importantly, you’ll receive Mercedes Benz quality, comfort, and luxury at a relatively affordable price for an RV of this size and caliber.

Now that we’ve tempted your appetite for the best RV’s on the market, give us a call or stop by the American Founders Insurance Group Inc. office in Tulsa, OK  for answers to any of your RV insurance needs.

Is umbrella insurance just for the wealthy

Umbrella insurance is a much-misunderstood form of insurance. Many people think that it is just for the wealthy. Nothing could be farther from the truth. If you are a homeowner, a driver, or own a business, you are vulnerable to having legal action taken against you. With legal suits running into the millions, it is not hard to imagine that you could be damaged forever by just one such suit. At American Founders Insurance Group Inc., we offer valuable services to the residents of Tulsa, OK and the surrounding area and we would be happy to discuss the benefits of umbrella insurance with you. 

When you are held responsible in an accident, be it in your car, your business, or your home, it will fall to the liability on your insurance policies to cover that judgment. If the judgment goes beyond the limits of your policy, which these days is very likely to happen, you would be responsible to pay the remainder out of pocket. If you don’t currently have the money or assets to cover the judgment, your future earnings could be garnished. With a large judgment, this could affect your financial situation for years to come.

If you had an umbrella policy, it is an additional layer of liability coverage above and beyond the limits of your policy. In most cases, the extra liability coverage is between one and five million dollars. Given the amounts that judgments can reach, this makes a lot more sense in the world that we live in today. The answer to the question, "is umbrella insurance just for the wealthy?," is no, it is for anyone who has any assets at all. 

In Tulsa, OK, American Founders Insurance Group Inc. can answer any questions you may have about the value of umbrella insurance to you and your business, if you own one. Give us a call or stop by our office and let our experienced staff help you to find the insurance coverage you need. 

How to Find Out If a Home is in a Flood Plain

Some occurrences of flooding have been well-publicized through news stories, photos, and videos. Because of this, we at American Founders Insurance Group Inc., which serves Tulsa, OK, know that some homeowners want to know how prone their property is to inundation by high waters. Well, the Internet makes finding flood maps easy.  

When visitors type in "FEMA Flood Map Service Center," they will be asked to enter an address, place, or longitude and latitude coordinates. Up pops a map. If reading a map is complicated, free help from a Map Specialist is available by phone or live chat Monday thru Friday. FEMA email assistance is also available. Conditions that heighten flood risks include being near levees, lowlands, streams, overdeveloped areas, storm drains, and areas devastated by fire.

Should the map indicate that a home or apartment complex has just a 1 percent chance of flooding—which means it’s susceptible to a catastrophic event once every 100 years—don’t jump to the conclusion that flood insurance is not needed. At American Founders Insurance Group Inc., we note that the Oklahoma Water Resources Board states that 30 percent of claims are from places outside the 100-year flood boundary.  

Furthermore, the government entity says that there is a 25 percent chance that a home will be flooded sometime during its 30-year mortgage. Critics of FEMA maps say that they are not updated quickly enough and that they do not take into consideration the effects of climate change. No property owner or renter wants to be saddled with bills for repairs or the replacement of items in the event of a flood. Consult American Founders Insurance Group Inc. in Tulsa, OK for help in deciding on flood insurance that can protect your assets




Health Insurance Add Ons to Consider

Finding the right health insurance coverage is a very personal decision only you can make. You know best what kind of coverage you would like and can afford. If you live in the greater Tulsa, OK area and want to know what kind of health insurance add ons are available to you, the American Founders Insurance Group Inc. is here to help. 

Discount Prescription Drug Card

This is a helpful addition to have with your insurance, especially if you have a number of prescriptions (or if someone in your family suffers from medical issues or allergies and requires prescriptions on a regular basis). The discount prescription drug card will help you save even more money over what a standard health insurance program offers. 

Alternative Medicine Coverage

There are a number of additional forms of medical treatment you can receive that does not directly come from a doctor. This can include everything from a physical therapist to a massage therapist. You may also want to consider health coverage that helps pay for a therapist or psychologist as well. Standard health insurance may not provide coverage for these kinds of services, but the improvement to your physical wellbeing and your mental state can greatly increase your quality of life and how you live. 

No matter what your current health is like or what kind of health insurance coverage you’re looking for, when you live in Tulsa, OK the American Founders Insurance Group Inc. can help connect you both with the right insurance and the right add ons. So if you’re curious what all is available and whether you can find better coverage or a better price with a different insurance provider, now is the time to reach out and contact the team at American Founders Insurance Group Inc. 

How Life Insurance Protects Your Family

Starting a family brings many joys but it can also bring concerns.  Questions such as “how will the children be protected if something happens to one or both of the parents” arise.  This is where life insurance comes in.  It plays a financial role in the future of your family whatever life may bring.  A good policy can ensure that your children’s educational future is protected.  It can also be used to pay off a mortgage, cover funeral expenses and take care of any remaining debts.  There is a myriad of ways that life insurance policies protect your family.  The team at American Founders Insurance Group Inc. work with families in the Tulsa, OK area.  They are ready to talk with you and address any concerns. 

There are two main types of life insurance policies:  term life and whole life.  When considering the coverage your family needs, remember to factor in inflation and the estate taxes that will be due.  This may impact your choices.  Both policy types have their benefits for specific life situations.  Term life policies are active for a predefined amount of time.  If desired, they can be renewed.  Initially, the premiums will be lower than whole life insurance.  However, the premium will increase each time that it is renewed.  Also, they do not increase in cash value.

On the other hand, whole life insurance remains in place throughout the policy holder’s lifetime.  Even with a higher premium, the policy will build cash value.  This can be borrowed against when needed.

In the Tulsa, OK area, the team at American Founders Insurance Group Inc. are ready to answers your questions.  They can help you decide which policy type is right for you and your family. Call and visit them to get started on the journey to protecting your family. 

Job Relocation? – Review Your Auto Insurance

If your employment requires a job relocation, we suggest you stop by the offices of American Founders Insurance Group Inc. in Tulsa, OK  first.  Your current auto insurance policy most likely covers your travel to different states as long as your domicile remains stationary. Once you decide to re-locate, it is a real game-changer when it comes to your insurance. 

Automobile insurance is specific to your residence. Due to factors like; the safety of your neighborhood, the crime statistics as regards auto theft, the proximity of your house to your place of employment, the amount of driving you were doing recreationally  and for your employment, other drivers in your household, their ages and driving records, and a myriad of other factors – moving out of state will have a great impact on your auto insurance. 

Depending upon the agency that you currently use there is a chance that agency will not provide auto insurance coverage in your new state of residence. The time to find out about exactly what you are covered for is before you need to use the insurance product.  If there is a change in job title to go along with the relocation, this also presents many inherent changes to your policy.

If you will be using your automobile for work, if your employer will be providing automobile Insurance for a company vehicle – these factors are considerations as well. Speaking with a professional will help you understand what changes will occur so that you can plan accordingly.

Before you relocate, stop by the offices of American Founders Insurance Group Inc. in Tulsa, OK to discuss your insurance options with regard to every aspect of your financial future. If you prefer, you can give us a call at 918-508-2904.

3 Tips for Buying Commercial Insurance in Tulsa, OK

Your business is a valuable asset and you need to protect it with the right commercial insurance policy in Tulsa, OK. At American Founders Insurance Group Inc. we have put together some tips to help you do just that. So, if you’re looking to purchase a new commercial insurance policy or revisit and existing one, here are three tips to help you find the right policy and save money while doing it.

1. Compare Several Quotes

Each business is unique and comes with its own set of needs. For this reason, you’ll want to compare several insurance quotes to find the one that closely matches your business protection requirements. Go over each policy in fine detail with an insurance agent to find the right policy and to get the most out of your money.

2. Bundle Your Insurance Policies

Insurance carriers like to reward loyal customers. They do this by offering premium discounts when you bundle all of your insurance policies with them. Consider bundling your auto insurance, life insurance, homeowners insurance and any other policies you have under one carrier to get the maximum discounts. An insurance agent can help you find the carrier that offers the most discounts coupled with the best policies.

3. Work with a Reputable Insurance Agent

Don’t leave the protection of your business to chance. Be sure to work with a trusted, reputable agent serving the Tulsa, OK area to find the right commercial insurance policy for your unique business needs.

To learn more about purchasing a commercial insurance policy, contact the team at American Founders Insurance Group Inc. today. 

Loan Amount VS. Insured Amount: What coverage is needed?

Straight forward home insurance plans and loan contracts are not easy to understand. Examining the contrast of the two makes it easier to choose the right defense.

Loan Amount vs. Insured Amount

Understanding loan amount requires a quick once over on what it means. The term refers to the sum of funds that someone borrows and makes an agreement to pay back in full. The borrowed money often encompasses more than the obtained amount.

Loan fees, closing costs, and additional expenses are quiet cash drains that most do not notice at first glance. The loan amount differs quite a bit from the insured total. Reading and understanding home insurance policies is a priority and the best plan of action for any person with insurance.

Insurance experts serving Tulsa, OK, American Founders Insurance Group Inc. answers questions regarding the topic in clear and concise terms.

Breaking Down the Basics

Always consider the money going towards a home insurance premium versus what the monetary outcome of a claim is.

For example, a claim’s amount is $20,000 while the loan repayment is twice that amount.

Full protection requires gap homeowner insurance to make up the difference in the loan amount and insured total.

The protections, deficits, and loans work the same way whether it is an auto insurance policy or homeowners’ insurance.

Everyone Is Unique

Family budgets decipher what is best in the end. The benefit of securing coverage for the loan amount ensures claims are available in full. This protects both the lender and the borrower.

However, it comes down to the precise amount of coverage each person needs. For example, in Tulsa, OK, American Founders Insurance Group Inc. serves to provide whatever information is pertinent to home insurance. 

Examining existing homeowner policies ensures every year sees a quality result to the policy holder’s bottom line. Contact our office to have your questions answered and to get a quote.