Insurance Issues

Many people think of insurance as an expense that they would rather avoid. However, if you are under-covered or simply not covered at all, and you have an accident, theft or other calamity, you'll wish you had the best coverage money can buy. Just like purchasing health care coverage, there is typically a sweet spot of what will constitute "enough coverage" for an individual, family, or other entity.

How do you determine what is "enough" coverage for you?  If you are the do-it-yourself type, and you love to research various scenarios, you may opt to check out some of the insurance planning calculators online. However, unless you have a relatively simple life-no dependents, few assets, etc-a thorough and professional insurance analysis would likely be of value. The more complex the situation, the more value a professional can provide.

Check out some great local resources that will help you manage your risk:

For life insurance, check out locally-based providers To get a free online quote for auto, home, life or business insurance-and a local agent to help you by visiting the Farmers Insurance website. Specializing in aviation and property and casualty insurance products, the Caledonian Insurance Group offers solutions for specialized issues. For hard to place insurance, independent insurance brokerage QRMS can help with everything from special event insurance to collectibles insurance to boat insurance.

Long-time Mercer Island resident and State Farm agent, Pauline Reed, provides services including auto, home, life and renters insurance.

So, if you need to protect your assets and long-term financial goals, call one of your local insurance resources, or talk to your financial advisor and make sure that you have a comprehensive insurance analysis whenever you have significant changes in your life..