quote icon
Get a
Quote
call icon
Click to
Call
email icon
Email an
Agent

6067 Apple Tree Dr, Ste 3
Memphis, TN 38115

map iconGet Direction

Get Insurance Quotes Today!

Auto IconAuto Insurance

Anthony Lancaster Insurance Agency, INC Blog

Tag: Anthony Lancaster Insurance Inc

Who needs boat insurance in Memphis?

Posted on by admin

The Memphis, TN area can be a great place for someone to own a boat. There is warm weather for much of the year in this area and plenty of great places to use a boat. When you are going to use a boat in this area, you need to ensure that you have it properly insured. Boat insurance is needed in many different situations for boat owners. 

Those that Want to Protect Against Liability Risk

Most people that operate a boat are going to be very diligent and careful. However, there is always a chance that an accident could happen. If you do cause an accident, you will have to cover damages, which can add up quickly. Fortunately, if you get a boat insurance plan, you can get the protection needed to mitigate this risk, as you will get liability insurance protection.

Those that Use Financing

Many people that choose to buy a boat in Memphis are going to take out a boat loan. Those that would like to take out a loan to finance the purchase of a boat should make sure they comply with their boat insurance requirements. In many cases, you will need to have a full policy that will offer coverage for many different risks. 

When you are shopping for boat insurance in the Memphis, TN area, you will want to know that you are making the right insurance plan choice. One company that can help you to build and choose a new policy is Anthony Lancaster Insurance, Inc. There are a lot of factors to take into consideration as you are shopping for this coverage, and Anthony Lancaster Insurance, Inc can help you evaluate your options and pick the best policy possible. 

What life insurance options do I have?

Posted on by admin

Anyone who lives in the Memphis, TN area will need to get many different types of insurance to ensure they continue to be properly covered and protected. One important type of insurance coverage to get is life insurance. When you have this type of coverage, it can help to protect your dependant’s financial futures. If you are looking for this type of coverage, there are several different types of life insurance to choose from.

Term Life Insurance

One common form of life insurance that people choose is a term life policy. With this coverage, you will have the flexibility to decide how much coverage you need and how long you need it. This makes it easy for someone to build a policy that is curtailed to meet their needs. Another advantage of term life insurance is that it tends to be more affordable than other coverage types. 

Whole Life Coverage

Another option that you have is whole life insurance. Generally, a whole life insurance policy will cost more than other forms of life insurance. However, there are investment benefits that come with it, as well. When you continue to make payments on this policy, some of your payments will slowly build up in an investment account over time. Further, a whole life insurance policy offers coverage for the rest of your life as long as you continue to make premium payments. 

Picking the right life insurance policy in the Memphis, TN area is critical. When you are looking for your next policy, you should call Anthony Lancaster Insurance Inc. The team at Anthony Lancaster Insurance Inc. can help you understand your insurance options and how they can benefit you. This will help you choose the right policy that meets your needs.

How much auto insurance do you need in Tennessee?

Posted on by admin

Your auto insurance card serves as more than something you show a police officer when you are pulled over for a traffic violation. Your indemnity card represents the financial backing you receive from your insurance provider when you have an accident for which you are determined to be at-fault. The agents at Anthony Lancaster Insurance Inc. can help you determine if the amount of coverage you have on your car or truck is enough to shield you from a lawsuit in Memphis, TN. 

How much auto insurance is required in Tennessee?

State law requires every driver to show proof of indemnity coverage that pays at least $25,000 per person ($50,000 per incident) for bodily injury. You need to have at least $15,000 in coverage for property damage. 

Many drivers in Memphis, TN can easily show proof that satisfies the state’s auto insurance requirements. Such coverage, however, may not be enough to keep you from a lawsuit. 

What happens when the policy is not enough?

Auto insurance only pays up to the policy’s limit regardless of whether such amounts cover all damages. The at-fault driver is still responsible for an accident’s financial weight, even if his or her policy does not provide a payment that covers everything. 

You may find yourself having to pay for damages, including lawyer and court fees if you are sued for the remaining balance that your auto insurance policy does not cover after an accident. Tort cases are not only expensive but also time-consuming as they have the ability to drag on for months or even years. 

How much insurance do you need?

The benefits of having enough insurance to cover an at-fault accident are endless. Not only do you escape the financial burden of out-of-pocket expenses, but you can also handle the matter in a more timely fashion when you are fully covered. 

Anthony Lancaster Insurance Inc. understands the importance of having the right auto insurance plan in Memphis, TN. Such is the reason why our agents thoroughly explain the details of a policy to ensure drivers have the coverage they need. Call us today if you have questions about your current auto insurance plan or if you need a quote for new coverage.

  • Grange Insurance
  • Liberty Mutual
  • National General
  • Nationwide
  • Progressive
  • Safeco
  • State Auto
  • Stillwater
  • The Hartford
  • Travelers