Engagement Rings: Insurance Pros & Cons »
Insuring your wedding ring saves you headache and heartache in certain situations, but is it really worth it? Find out the pros an…
15303 Huebner Rd Ste 13San Antonio, TX 78248
I recently retained Mr. Goldberg to represent me in a significant labor case involving breach of contract and fraud issues. Within a very short period of time and with minimum cost Mr. Goldberg brought the issue to a satisfactory result for me and my family. \r \r I am highly impressed with hi…
13216 Huebner RdSan Antonio, TX 78230
From Business: As your personal Farmers Insurance agent located in San Antonio, I believe in keeping you informed of ways to protect what's important to you. Whether you're looking for auto insurance, homeowners insurance, life insurance, or specialty coverage, Farmers Insurance will help you select the right products to fit your insuran…
8131 W Hausman RdSan Antonio, TX 78249
From Business: San Antonio Realtor helping to buy a home or sell a home in San Antonio. Search for homes or real estate for sale in San Antonio. Realtor in San Antonio - Angelo Davis REALTORÂ® RE/MAX North-San Antonio .
10924 Vance Jackson Rd Ste 301San Antonio, TX 78230
From Business: As your personal Farmers Insurance agent located in Selma, I believe in keeping you informed of ways to protect what's important to you. Whether you're looking for auto insurance, homeowners insurance, life insurance, or specialty coverage, Farmers Insurance will help you select the right products to fit your insurance nee…
Insuring your wedding ring saves you headache and heartache in certain situations, but is it really worth it? Find out the pros an…
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I bought a house in 2008 as an investment property, even though I knew nothing about investing in real estate, of course then the market crashed. I couldn’t find anyone to buy it so I decided to flip the house. I hired a contractor who never did any work. I heard about Armando Montelongo from one of his TV shows and watched a lot of people flipping properties. I watched all of his episodes, took a bunch of notes, then realized I was ready to flip the house. I hired a new contractor and flipped the house and made $30,000.00. Fast forward to 2015 I heard about his real estate training program. It was going to be $1,500.00. No one believed that this was a good thing, everyone told me it was a waste of time, but I’d made $30,000.00 just from watching Armando’s TV show! So, I went and was totally blown away. What was undeniable was how much I learned in those first three days of the seminar that I decided to go to the bus tour. Everyone told me that was just their way of upselling me into spending more money, but I knew it was the only way I was going to get out of the rat race. The bus tour was everything and beyond. I ate up all the information, I took pages and pages of notes. It was an amazing experience. When I get back home I knew I had the education I needed to get going. I realized I needed to take the wholesaling class to be more prepared to get going. I spent all summer after that hustling. My first deal was $10,000.00, my next deal was $5,000.00. I realized that I needed a good realtor so I could see them without delay and get comps, etc., but after working with a few, I realized it would be best if I became a Realtor so I could acquire and sell the properties I flip myself.. so that's what I did. Armando Montelongo literally changed my life.
I went to the free seminar and signed up for the program, however, due to my work I was never able to get away to the next part. Wow, working so hard, with no days off... 2 years went by so fast! One day I was feeling pretty regretful about not being able to follow through and attend. So I was REALLY happy when they called me within weeks of that and offered me another opportunity to get involved! I jumped at the chance. I was going to get to that meeting in Sacramento no matter what and it was powerful. I couldn't imagine going back home to my same life and not being a part of the team and life changing opportunity. I went on the Bus Tour Training and other trainings and it's been an absolutely fantastic decision. There is a lot of information and Armando is well versed in a multitude of learning techniques, including keeping it fun, and therefore, easier for the information to become a part of you. He listens and values his students, putting a lot of effort into making sure we are successful by providing ongoing trainings, plus almost daily real time online trainings AND all the hands on help you could ask for by his superb team. Since the bus tour, I have taken other trainings, also. Armando has also provided crucial support in other related areas like Asset Protection. It is such a positive and caring organization. Friends and family know what I am doing and are excited and are involved and supportive in various ways, referring properties to me, as well as, people who need help. I know that with this program you can be guaranteed that the outcome is equal to the effort you put into it. I believe you cannot ask for more than that. I’m very satisfied with the training and I would highly recommend it as the best there is ever.
I first heard about Armando Montelongo in January of 2016 through an internet ad. It caught my attention because I had just gotten my real estate license in New York. I had recently left 20 years of being a facility and construction manager in Manhattan. I went to the free event in my area and from there to the three-day seminar. This even was where I thought Armando's people help you decide if you are ready to commit to the next level of investment. The presentation was about changing your mindset. Clearly everyone there wanted to be successful, but they help you determine if you are ready to change your habits so that you can be successful. They helped us understand if you're sitting on the fence, whether you're ready to move on to the next level. Chris Sanders was probably the most dynamic speaker who had the ability to electrify the room. He taught us about the rule of 72 which opened my eyes to how long it would take for the money in my 401K to double. I realized that I needed to do something different. I did the bus tour that April in Dallas, and Master Mentor in May. The bus tour was kind of a party atmosphere which I think helps people learn how to break down barriers with strangers. In the end it was the bus tour which helped me really understand the flip process. Another valuable aspect of the Armando program is the Facebook group where we can connect and speak a common language about real estate. I went back to San Antonio for asset protection, and I think that is all the training I've done with them so far. I've put some bids out on foreclosures and online auctions.
I did my first flip a few years ago before I had any knowledge or experience in Real Estate, but we managed to make about $40,000 from it. So I was interested in learning more, thinking that if I can do that without knowing very much imagine what I could do with some real training. When I saw the infomercial for Armando Montelongo’s program on TV I decided this would be a good way to go. I went to the 1 day free event with my wife, I was ready to get into it and she was a little bit hesitant. It was very informative and it was something that I was very interested in. My wife started to become more and more interested at that point and we went to the bus tour together in Scottsdale, Arizona. The bus tour was very encouraging, I didn’t expect all the energy, but it made it very exciting to learn. It goes from morning until night, not just 8-5, non-stop energy. We made some great friends at the event who we stayed friends with to this day. We do a monthly meetup in Arizona that we oversee, we get anywhere from 20-30 people at those meetings. Now my wife is fully on board, in fact she’s the one who signed us up for the training on commercial deals. We’ve been working on a couple of deals and this weekend were finalizing our first wholesale deal. The support we received from the mentors has been top notch. You just have to reach out and they are there. There’s a ton of support, they don’t just give you the information and then it’s done. You can always call and get help which is huge for us. I’m now doing this full time, and in a few months my wife will be full time as well.
I heard about Armando Montelongo’s program on late-night television back in 2012. I have been interested in getting involved in real estate for over 30 years and thought it was time to get started in it. The three-day event was phenomenal, the speakers were clear and enthusiastic. The material was fairly new to me, although I do have a background in construction. I had always wanted to flip houses, but had never considered the possibility of passive income. The bus tour was next and again, great information and the ability to see it in person while walking through the houses. One of my main takeaways was the systematic approach that Armando takes. There really isn’t any guesswork involved. You keep in mainstream and simple, you leave your emotions out of it. I keep updated with Armando’s webinars and have kept in touch with some of the people I’ve met along the way. Since the bus tour one of my big push was finding an investor. I was able to see that the people I know who have of money understand that it takes money to invest and that they are likely to be interested in working together. I’ve worked with a lot of millionaires and I worked up the courage to ask them to invest with me. Now I’ve done 25 wholesale deals, 30-40 flips, and now I have 26 rentals. It kind of amazes me. I literally spent everything I had to go through this training because I knew it was exactly what I wanted to do. If you simply take action and follow the system you’ll be successful
I heard about Armando Montelongo's real estate program from an infomercial and was very interested in it. I have a background in real estate and wanted to learn more. I had just aquired my first rental property at the time and was interested in having more rentals for the income. The speakers at the three-day event were absolutely wonderful. They seemed to have done what they were teaching which made it feel more doable. The bus tour was great, I liked it a lot. I'm not very outgoing so the party, jump up and down atmosphere was different for me. I did ok with it though, although I enjoyed going through the houses more. Seeing the houses and applying the system to them was great education. They broke us up into teams and had some friendly competition. I guess they are trying to help people like me who are more introverted and to get comfortable with networking. The support that I've received from Armando's group has been incredible. I've been working with a mentor who is there to help in any way I need. I was working on a deal and my mentor was with me every step of the way. He spent so much time with me, he was able to work with me on my computer remotely and was out of this world in his help. I've also taken the Master Mentor three-day class. I think the Master Mentors class was the best investment out of all the Armando courses. I've been working on a couple of deals so far and feel that soon something will go through. I would recommend this program.
I first heard about Armando’s program back in 2016 from an infomercial. We were in the middle of an investment when we saw the program. We went to the one-day event which caught my attention and we went to the three-day event. We learned that there are so many different directions to take this program. There are people out there with money looking to invest, and there are people who are ready to invest in properties, but need funding. We learned that we had options because we are a stable couple who have a lot of people who trust us and who would work with us. We took the bus tour in Orlando, Florida. Knowing that we would have support after we left the bus tour was huge. There was so much to learn, we knew we would need follow up afterward. The bus tour was just awesome! I don’t have the best memory in the world, but the fact that the speeches and information is stuck in my brain because of the way that he taught. It was the enthusiasm and the chance we had to go experience it. Going through the houses was a way to connect what we had been learning. We’ve made many connections with our local people and are able to work together with them. We’ve done the Master Mentors and have kept up with the webinars. We just bought our twelfth house, we have one cash flow property, but we’re mostly flipping. We used hard money on one deal out of those twelve but the rest has been private funding.
I found out about Armando Montelongo last December (2016). I had been up late at night and saw something on Facebook about Armando. My husband and I had been thinking about flipping houses and since it was a free seminar I thought why not? My husband works in construction and I’m studying for my real estate license so it made sense for us. The training was a very enlightening experience, they know their business. Informative, energetic, awesome experience. It was good enough that we decided to do the bus tour in January, in Dallas, Texas. It was a little crazy on the bus tour, but it was a lot of fun. Educational and fun at the same time. Armando is an amazing individual. He’s up front and honest, and so far, everything he’s told us has been true. It’s all been a great experience. If you don’t put skin in the game you won’t get it done. I’ve been talking with people in the wolf pack. I just sold my personal home and we purchased a new home. The whole buying and closing simultaneously was crazy, but our education helped immensely with the process. Armando’s teachings helped us decide what to pay to have someone else do the work on the house instead of doing it all ourselves. Besides the bus tour we’ve done Asset Protection, Tax Lien, Master Mentors, and in June will be doing Cash Flow. Support from Armando’s company has been amazing. Tremendous individuals ready to help.
My wife and I were looking for an opportunity to learn about real estate when we saw Armando on TV talking about his free seminar. We did that and also the three-day seminar. It was informative, there wasn't any type of pressure to buy anything, they just gave a lot of information. The presenters seemed to be talking from experience. We went down to Miami for the bus tour because we felt that there was still some information that we needed that we didn't get at the three-day seminar. The education we had at the bus tour was phenomenal. The energy levels were great and it felt like a family. It was enjoyable, all questions were answered, we had a great time and got the best educational experience we've ever had. We've went to a Long Island meeting a while back and met some people who also do the program, who we've kept in touch with. We still do the webinars and conference calls, those are the things we're still doing with the Armando Montelongo program. We have completed one flip and the process went well. Things work a little bit differently in New York so once we were acclimated to how things run here it was fine. We're now looking to find another property to flip. Phenomenal support from mentors when we need it, they helped talk me through the deal. Their help relieved the little bit of anxiety that I had and helped me to make the deal.
My business partner and I had never done anything involving real estate before, but his father told us we should check this out so we decided to attend Armando Montelongo’s free event based on his recommendation. We went on to the 3-day event as I was interested in doing something different than my 9-5 job. I was attracted to the idea of working for myself and having freedom as well as endless opportunities that are available in real estate. The speakers shared their experiences and success stories which I very much could relate to. I felt that because they didn’t come from a real estate background, and they were doing it, we could too. They got us really hyped up at the bus tour and got us to think differently about life and your potential. My main take-away was that you shouldn’t limit yourself. They broke it out for us how simple it is, yet at the same time a challenge to flip houses. I’ve joined a couple of local groups in Dallas to keep in touch and network with other people that Armando has trained. We've even had a few folks that we've met at these trainings stop by to visit with us while they're in our city and have had the pleasure of showing them some of our houses...since we have flipped 11 houses so far! We’ve done pretty much all of the trainings available and have been highly satisfied with his system!
To mitigate the risk of loss, people purchase insurance policies from a company. When buying a policy, the person agrees to pay a premium, which is small, regular payment based on the losses that may occur. If the insurance provider determines there is a greater chance of risk as compared to the average policy, the premium is usually higher. Premiums are often paid monthly, and can add up over time up to be greater than the expense of replacing the insured item.
Many types of insurance only cover a certain amount of risk on an item. The amount the policyholder must pay before an insurance policy begins covering an expense is called the deductible. In the event of damage or loss to whatever the policy covers, the policyholder is responsible for the deductible no matter what. If the cost of damage or loss is less than the deductible amount, the insurance company does not pay anything. If the cost is greater than the deductible, the policyholder only pays the deductible, while the insurance pays the rest. Generally, the deductible amount is related to your premium, with a higher deductible usually requiring a lower premium, and vice-versa.
Selecting the right insurance involves careful research and evaluating many different options for coverage. This is why many people use an insurance agent to assist with making the right choice depending on their needs and financial situation. Agents often interview potential or current clients to get an idea of which insurance policies would benefit them the most. Based on their needs and individual risk, agents can often give potential customers a quote, which serves as a cost estimate for a specific policy. This is only a rough idea of what the policy will cost, because evaluating the risk associated with a given customer can take time. Insurance companies often compile an insurance score to quantify the risk an individual poses and calculate premiums accordingly. Credit scores play a major role in insurance scores, but past insurance-claim history is also taken into account.
While agents often specialize in a particular category of insurance, some sell several different types of insurance. Agents can work for a larger insurance company or operate independently, selling policies from several different insurers.
Almost anything of value can be insured to protect against loss due to a variety of circumstances. Insurance policies are very specific in the items they protect and in what event the policy holders will be reimbursed. Some of the most common insurance policies cover things we all use.
Millions of Americans drive a car to get from place to place each day, so it makes sense that auto insurance is one of the most commonly used types. In most states, the law requires drivers to maintain an active insurance policy on any car, up to a certain amount. Most car owners are required at minimum to purchase liability insurance, which protects against damage for which the policyholder is at fault. Liability insurance covers damage to property as well as any injuries sustained in an accident. It's important to note liability insurance only covers damage or injuries of others, not the policyholder themselves. In addition to liability insurance, car owners can also purchase coverage for their own vehicle and medical expenses in the event of an accident. For this purpose, liability, vehicle and medical coverage are often packaged together in a single policy.
Insurance can also be purchased for other vehicles, like motorcycles, ATVs, boats or RVs, and generally functions similarly to car insurance. Policies for alternative vehicles may have higher premiums if they are considered more dangerous, or might include other coverage options specific to the vehicle. Many companies that provide auto insurance will also offer coverage for motorcycles, ATVs, boats and RVs.
Your home, condo or apartment is probably the most valuable thing you own or otherwise pay for, so it makes sense to get it insured. Homeowners insurance is important not just for the security of the house itself, but for its ability to cover possessions inside the home as well. Many mortgage lenders also require an active home insurance policy.
Like auto insurance, homeowners insurance is typically bundled together with policies covering many different items or categories of items. The primary coverage type is for the dwelling, insuring the house itself and all structures attached to it. Policies may also cover property within the home, with premiums varying depending on the value of all assets. Personal liability may also be included for damage or injuries sustained on your property that you are responsible for, much like auto insurance.
Property insurance also may cover certain major events outside of your control. These are known as perils, and may include fire, flooding, natural disasters and other catastrophic events. You may want to purchase insurance against one or more of these perils if you live in a high-risk area. Flood insurance is an exception, however, and can be purchased through the government-sponsored National Flood Insurance Program. Your lender may require this if you live in a flood-prone area.
To help pay for medical expenses, many people rely on their health insurance. With the passing of the Affordable Care Act, almost every American is required to enroll in a health care plan, or they face a penalty. Health insurance works similarly to other forms of insurance, although it is probably used to cover expenses more often, since car accidents and home damage are relatively rare compared to doctor visits and the need for medicine. Health insurance also operates on a premium-deductible model, and policyholders can choose what level of coverage works best for their lifestyle. For example, if you visit doctors very infrequently, you may consider a plan with a low premium and a higher deductible. On the other hand, people who require regular medical care may wish to pay a higher premium in exchange for more coverage from their deductible. Dental and vision care are sold as separate plans and are not required by law.
When someone dies unexpectedly or is injured severely enough to be unable to work, it can be a financial disaster for their family or loved ones. Many people choose to purchase a life insurance policy to support their family in the event their regular income is suddenly lost. Life insurance comes in two basic types: term and universal. With a term life insurance plan, you pay a premium for a predetermined amount of time, usually 10 years or more. If you die at any point in that timeframe, your family receives a death benefit. If you're still around when the term is over, the coverage is canceled and you receive nothing. Universal life covers your entire life, and usually delivers a minimum benefit at death.
Travel insurance is available for individuals who want to protect against unexpected setbacks in the course of travel, whether it's losing luggage or medical treatment abroad. Travel insurance may prove particularly useful for people who travel a lot for work or often visit remote locations. Travel insurance can take the form of either specific or blanket coverage. Specific coverage is useful for covering only certain risks, like medical emergencies or unexpected trip cancelation. Blanket coverage may cover some or all of your expenses for your entire trip.
Pet insurance is a relatively new product that may help cover the costs of medical care for a dog, cat or other domestic animal. Medical care for animals can be very costly, particularly because insurance for them is rare. By paying into a premium, you can help offset the cost of unexpected emergencies as well as routine checkups and medication. While virtually unheard of a few years ago, pet insurance has become more popular as the cost of veterinarian care has continued to rise.
Umbrella insurance is extra coverage from liability for other insurance policies, usually home or auto insurance. Consumers may choose to purchase an umbrella policy if their home or car is more expensive than a typical policy would be able to cover. For example, most car insurance liability policies cover at least $25,000 per person or $50,000 per accident. But if the accident involves a very valuable car, or the victim is willing to pursue legal action, insurance may not even begin to cover the full cost. You may want to hedge your risk by purchasing umbrella insurance to add extra protection to your existing policy.
To receive a payout for an insurance policy, the policyholder must file a claim with the insurance company. The basics of the process are straightforward, but can vary depending on the type of insurance.
Claims Adjusters and Examiners
A claims adjuster or claims examiner is an employee of an insurance company, and the person responsible for evaluating claims and determining if the company will reimburse the policyholder at the amount provided. An adjuster inspects claims related to property damage, as in the case of auto or home insurance policies. Claims examiners are typically involved in health and life insurance, and review medical records to determine the proper payout for major medical procedures.
How To Make a Claim
Filing an insurance claim can be stressful and confusing, but you need to begin the process as soon as possible to make certain you can recover your losses. It's important to note that in the case of emergencies, you should always call 911 first. The safety and health of yourself and others takes precedent over insurance.
Auto Insurance Claim: If you're involved in an accident, you need to call the police right away and have them document the situation. You can file a claim upon obtaining the police report. It's also a good idea, if possible, to take your own notes at the scene. The most important things to record are what happened before the accident, the date and time, traffic signs in the area and road conditions. Also be sure to get the other driver's name, address, license plate number and insurance information. Even photos taken with a cell phone camera can help the claims process. Once you have this documentation, call your insurance company right away.
Homeowners Insurance Claim: In the case of damage, take pictures of the affected area as soon as any safety or health emergencies are resolved. Take note of what happened and all the relevant circumstances and report to your insurer as soon as possible. If any of your possessions were damaged, use an inventory of your important assets and make note of this in the claim. Once an adjuster has made their own report, review it for accuracy.
Life Insurance Claim: Send your insurer a claim form for each beneficiary in the plan, as well as a certified copy of the policyholder's death certificate. With the proper information, life insurance claims are generally straightforward. Problems may arise if the policyholder has died within two years of opening the policy. In this case, an attorney may be needed to settle the claim.
Insurance is a wise investment, but it can make a dent in your monthly budget. Thankfully, there are a variety of ways to trim the fat off your premiums and make certain you are paying only as much as you need.
Shop and Compare
Perhaps the best way to save on any insurance policy is to take the time to compare prices between as many companies and plans as possible. Even after you've chosen a plan and started paying into it, consider looking around again when it comes time to renew the policy. Consider using an independent agent when searching for a new insurance policy. While traditional agents can still find a good deal, independent agents can choose from a variety of providers and tailor your coverage to your specific needs. The Internet has also made comparison shopping easier than ever before. Potential customers can often get free quotes online very quickly.
Buy Only What You Need
Insurance agents will often try to "upsell" on various extra products that may be useful for certain people, but are generally excessive for the average consumer. Stick with basic plans that cover as much as you need without any additional costs. For example, if the annual cost of your auto insurance is 10 percent or more of the total value of your car, drop all but the most essential coverage. This is especially applicable if the car you drive is older and could be replaced with savings. Otherwise, you are paying for insurance that will never actually benefit you in the event of a serious crash. It can help to create a budget and know exactly how much income you have to work with before making a decision on a new policy.
Take Advantage of Discounts
Insurance providers offer a wide variety of discounts for all kinds of special customers or circumstances. In one of the most basic discounts, many companies will offer lower rates for customers who purchase home, auto and life insurance policies from the same provider. Car owners may get a rebate from taking a safe driving course. For those with teenagers on their plan, good grades can earn a small discount as well. Insuring multiple cars with the same provider may also lower premiums. Some providers will offer lower rates for military personnel, federal employees, teachers, first responders and their families.