What auto insurance is required in Kansas?

Kansas is one of the 12 no-fault states in the United States. In the no-fault states, the auto insurance requirements are often a little bit different than they are in at-fault states. At DJ Kauffman Agency in Hutchinson, KS, we make it our business to stay up to date on all the mandated requirements for insurance. We make sure that our customers also know exactly the type of coverage they need to have. 

Kansas requires that all drivers in the state have liability coverage. The amount you are required to carry is 25/50/25. You must have $25,000 for bodily injury per person with $50,000 per accident and $25,000 in property damage. You must also have an equal amount for uninsured or underinsured coverage. PIP (Personal Injury Protection) is also required. This is all very well, but what about your vehicle?

If you are leasing or if you have an auto loan, you are not going to be able to get away with basic liability insurance. You will need to have insurance coverage for the vehicle. This means collision and comprehensive. Even if you don’t have a loan or a lease, if you count on your vehicle to do your regular activities, it is worth considering having insurance to protect it. 

Collision insurance is just that, insurance that covers the vehicle for damage sustained in a collision. It has a deductible that must be met but then it will pay reasonable costs to repair or replace your vehicle. 

Comprehensive insurance is a little more complicated. It covers things that you can’t control that can damage your vehicle. It also covers theft. If a tree limb falls on your vehicle, you hit a pothole, or flood damages your vehicle, comprehensive coverage will protect you. 

Contact DJ Kauffman Agency in Hutchinson, KS when you are in the market for auto insurance. 

What is Umbrella Insurance

Not everyone is familiar with the term umbrella insurance. With so many different insurance options, it can be difficult to keep up. But umbrella insurance can be important if you catch yourself in a sticky situation, and the costs of that can run incredibly high. We will cover in this article a bit more about what umbrella insurance is, and why you might need it. 

DJ Kauffman Agency in Hutchinson, KS provides umbrella insurance, and we can discuss several quotes from different providers so you can check out your options. Don’t worry if you don’t understand all the insurance-related jargon, that’s why we’re here to help.

What is umbrella insurance?

Umbrella insurance is a form of liability insurance that covers your costs in case you get sued. Reasons for getting sued that you can claim on umbrella insurance usually include that you’ve caused physical harm to a person or their property, but this can also be mental damage, damage done to someone’s pet, or damage done by your pet.

Types of liabilities

We listed some possible scenarios you could need umbrella insurance for.

  • Imagine you’re out walking your dog and your dog attacks a person and causes them harm.
  • Another option could be that you’re a journalist and have interviewed someone who presses charges against you on the grounds of mental harm. 

Many more options are possible, such as car accidents in which another person or property gets hurt or if you’re arrested wrongfully. 

As umbrella insurance covers many liabilities, it is incredibly handy to look into whether you need it right away. Feel free to call DJ Kauffman Agency’s office in Hutchinson, KS to discuss quotes.

Common Myths About Life Insurance

Life insurance is a complex subject, and many people do not want to discuss it. It is also a very controversial type of insurance: almost everyone has an opinion about who does and does not need it, what types of life insurance policies are the best, and how much to buy. Here is a list of a few most common myths about life insurance with an explanation of why these myths have nothing in common with reality. 

Common Myths About Life Insurance

  • Only breadwinners need life insurance. A stay-at-home partner may not have an income, but they keep the household running, including meal preparation, cleaning, transportation, taking care of kids, and other things. With that partner gone, life will definitely get much more challenging and more expensive. 
  • Life insurance is expensive and for wealthy people only. Many people mistakenly believe that life insurance costs a lot of money. However, the truth is that most life insurance policies are quite affordable. The average price of life insurance today is about $16 a month. 
  • Single people without dependents do not need life insurance. If you want to leave a legacy, support yourself during retirement, or protect yourself if you are disabled or injured, you should consider buying a life insurance policy. Moreover, it is important to remember that a dependent is not always a child  – a dependent is also an elderly parent or a relative with special needs.

DJ Kauffman Agency Serving Clients in Hutchinson, KS – An Insurance Agency You Can Trust

If you live in Hutchinson, KS or any other nearby town, and you are thinking of getting a life insurance policy, DJ Kauffman Agency is ready to help you choose a policy addressing your personal needs and preferences. For more information about insurance options available, feel free to visit the company’s website or call. 

What Does Boat Insurance Cover?

Boat insurance is the type of insurance that protects a boat/watercraft, engine, and gear from certain risks. It protects from such physical damages as vandalism, boat accidents, or theft. It also provides protection from natural elements, including bad weather, hurricane, floods, and fire. If one of these incidents occurs, and you do not carry boat insurance, you will have to pay for damages out of pocket. 

What Does Boat Insurance Cover?

Boat insurance covers sailboats, yachts, motorboats, and personal watercraft if it is stolen or damaged by a natural element, person, or another boat. Boat insurance also provides liability coverage, the purpose of which is to protect you as a boat owner if you accidentally injury someone or damage their property. A standard boat insurance policy covers the following: 

  • Machinery
  • Furnishings
  • Fittings
  • Permanently attached equipment
  • Hull

Additionally, you can also discuss with an insurance agent other types of coverage. It might be a good idea to also get coverage for the following components:

  • Boat accessories (geo-location instruments, radar, and others)
  • Boat trailers
  • Towing coverage
  • Special equipment (fishing equipment and accessories for example)

Some policies may also cover fuel spills and the cost of wreckage removal if you are involved in a boat accident on the water. 

DJ Kauffman Agency – We Help You Get Insurance Coverage You Deserve

Do you live in Hutchinson, KS or any other nearby town, and are you looking for an insurance company to purchase insurance for your boat? Then  DJ Kauffman Agency is ready to assist you. Our experienced and knowledgeable agents serve clients in Hutchinson, KS and other surrounding areas by helping them find a policy based on their personal requirements and budget. If you have any questions, feel free to visit our website or give us a call. 

Kansas Commercial Insurance: How to Know What Coverage Your Business Needs

When you are running a business in Kansas, you want to make sure that everything you have worked so hard for is protected. You may be looking for Kansas commercial insurance to help you do that, or you may want to be updating an existing business insurance policy.

At DJ Kauffman Agency, we want Hutchinson, KS business owners to feel protected against financial losses caused by liabilities and property damage. We can help you to determine what kind of Kansas business insurance your company needs.

Inventory Your Company’s Valuables

If you aren’t sure what your business needs, make a list of the things that are valuable to your company. Consider what your losses would be.

Is it data? Is it equipment? Is it people? If your business was damaged or in peril in any way, what would you need to be replaced? 

Look at every value or valuable on your list, there’s probably insurance coverage for that.

Commercial Liability Insurance

This is the general liability insurance that most businesses in Kansas will have. You are not required by law to carry it. If you have a mortgage on the property, your lender may want to see proof of liability insurance.

When there is an injury or death on your property, you may be held liable. This insurance will cover the other party’s costs for medical, lost wages, and any property damage they sustain.

Additional Kansas Commercial Insurance to Consider

There are a number of commercial insurance add-ons or riders that you can add to your Kansas business insurance policy.

• Equipment or tools insurance coverage: Every computer and pencil cup matters
• Commercial auto insurance
• Cybersecurity protection: Identity theft, data breach coverage, business interruption insurance
• Professional liability, errors and omission, director’s and officer’s insurance

Get a Quote

When you are looking for Kansas commercial insurance, there are a number of coverages that you can get. At DJ Kauffman Agency, we want Hutchinson, KS business owners to feel secure with their commercial insurance policy. Call us for a quote today.

How Home Insurance Protects Your Home and Finances

When you own your own home, you need home insurance to protect both it and your financial future. Your home is likely your largest investment, and it’s important to protect it. If your home isn’t insurance, give us a call right away at DJ Kauffman Agency in Hutchinson, KS.

Protection for Your Dwelling

One of the most important types of coverage that are included in your home policy is protection for the dwelling itself. This coverage is what pays for repairs when something is damaged in an accident, disaster or another incident. Home repairs can be substantial, and that’s especially true when there is major damage. With your insurance, it’s far easier to get your home repaired. 

Covering Your Belongings

The items that you own are worth a lot altogether. When you have home insurance, those possessions are covered against a number of incidents that can lead to ruined belongings. If you have a major incident that ruins some of your possessions, it can be prohibitively expensive to replace them all without home insurance coverage. With this coverage, you can soon start replacing those items with help from the insurance policy.

Liability Protection

When you have someone in your home or on the grounds of your home, you can be held liable if they have an accident or get sick there. This liability means that you would then be responsible for the medical bills that stem from this incident. Luckily, home insurance comes with liability coverage for just this kind of problem. It will pay for those medical bills so that you don’t have to come up with that money on your own. This also protects you from being sued for medical bills.

Get Home Insurance

If you own a home and don’t yet have home insurance, call us at DJ Kauffman Agency in Hutchinson, KS.

The Ideal Auto Insurance Policy

Your car is among the most valuable assets you own, and covering it must come first. Having an auto insurance cover is crucial as it protects your vehicle if an accident happens when you or another person is behind the wheels. Hefty charges may apply if the accident damages a secondary car, making the policy a necessity. Before investing in various types of auto insurance, it is rewarding the first understand what each entails.

Understand Compulsory Insurance Cover

Most state laws demand that you have several liability policies if you own a car. The rules may vary from one state to another, but the difference is marginal. They include asset damage insurance and injury liability. The first one covers all types of injuries or death caused by your car. The second option compensates for the physical damage that your vehicle causes on a secondary vehicle and property. It does not matter who was driving your vehicle.

What Voluntary Insurance Cover Entails?

The auto insurance coverage does not protect your car, but it covers other vehicles you hit while on the road. Voluntary insurance comes in handy if you wish to cover your car from accidents. There are several optional policies which include:

  • Comprehensive insurance: It compensates your car after a theft or non-collision damage. It covers unfortunate events that include vandalism, falling objects, storms, floods, and fire, to mention a few.
  • Collision insurance: Protect your car from any damage that results from a collision by purchasing a collision cover. The options cover your vehicle if you hit stationary objects like trees. However, it does not compensate for any mechanical issue.
  • Glass policy: One of the most common breakages is windshield damage. Protect your car by purchasing a glass policy lest you pay cash from your pocket every time the glass on your car breaks.

Contact DJ Kauffman Agency if you own a car in Hutchinson, KS and get valuable advice on the ideal insurance policy for your assets.

Is It True That Umbrella Insurance Is Just for the Rich?

At DJ Kauffman Agency, we always receive these questions from our Hutchinson, KS clients: Do I need umbrella insurance? Isn’t umbrella insurance for the rich and famous? Well, most people understand that umbrella insurance offers extra liability protection to their home, boat, and auto insurance. However, many don’t understand who needs this type of insurance. Regrettably, many people think that umbrella insurance is just for the wealthy. While that may be true, it’s not always the case. In this blog, we will try to explain why anyone that has a livelihood needs umbrella insurance. 

What does umbrella insurance cover?

Umbrella insurance is extra liability protection that protects your assets and earnings from significant financial claims exceeding the limits of your conventional insurance coverages. Umbrella insurance is likely to cover you against the below:

  • Bodily injuries caused to others
  • Property damage to third parties
  • Personal liabilities like libel and slander
  • Pays for legal costs

It’s worth noting that umbrella insurance covers other people and not damages or injuries to you. For instance, if you are involved in an auto accident, your car’s damage is covered by your collision coverage. However, bodily injury, property damage, and legal suits from the other driver (exceeding your auto insurance limit) are paid by umbrella insurance.

Who needs umbrella insurance?

In America, anyone can be sued. In light of this, you may need umbrella insurance if you are at risk of being sued. Lawsuits can be expensive and can wipe out your assets and savings, especially when the legal case is ruled against you. That said, if you are in the below categories, you need umbrella insurance as soon as possible. You need umbrella insurance if you:

  • Own property like a home, boat, or vehicle
  • Coach kids or youth sports
  • Participate in high-risk hobbies like hunting or skiing
  • Have a dangerous pet
  • Have strong opinions on social media
  • Have significant assets
  • Are a volunteer in a charitable organization

As you can see, umbrella insurance isn’t just for people who have a lot to lose. Umbrella insurance is suitable for anyone at the risk of being sued.

Get umbrella insurance today!

Are you looking for umbrella insurance in Hutchinson, KS? Please get in touch with DJ Kauffman Agency for an affordable quote.

Converting Term to Whole Life

If you are a term life insurance holder in Hutchinson, KS, and you don’t want to keep this policy, you can easily convert it to whole life insurance without difficulties. According to DJ Kauffman Agency, it is even easier to convert your life insurance policy than to buy a new one. Here are some of the stages you have to follow when converting from term to whole life insurance policy. 

Check Whether Conversion is an Option

The first step is checking whether your term insurance gives you an option to convert to whole life insurance. Generally, most insurance companies offer this option, but some remain silent on the whole conversion process. It is always necessary to understand the options available for you before starting the process.

Check the Conversion Period

Another important detail that you need to check is whether you are still within the conversion period. There is a tendency for some insurance companies to input an expiry date where you cannot convert your policy. However, most companies leave it open for you to choose and decide whether you want to convert at any given date.

Check Conversion Costs

Generally, when you move from term life insurance to whole life insurance, you are changing from one insurance product to another. Every product has different costs. So, you need to analyze the conversion costs. Insurance companies may want to benefit from the whole conversion process by adding unnecessary costs. However, some organizations can leave it open and cheap for you because you will remain a customer. 

DJ Kauffman Agency has been helping life insurance customers in Hutchinson, KS, to convert term life insurance to whole life insurance within a day. As a leading life insurance company, we believe in giving our customers flexible options to enhance their satisfaction.

How much auto insurance do you need in Kansas?

Your vehicle is used for work and running personal errands in Hutchinson, KS. It would be best if you made certain that you have adequate indemnity coverage to pay for incidents on the road. The DJ Kauffman Agency agents can help you understand the insurance requirements you need to meet to operate a vehicle in town legally. 

How much auto insurance is required?

Kansas requires drivers to show proof of liability auto insurance that pays at least $25,000 ($50,000 per person) for bodily injury. You also need an indemnity plan that pays at least $25,000 for property damage caused after an accident. 

Kansas is a no-fault state, which means every driver must have personal injury protection (PIP) insurance covering medical bills resulting from an accident. An agent at Dj Kauffman Agency can walk you through the essentials of PIP coverage. Hence, you fully understand the benefits and how much is needed for you to operate your vehicle in the state legally.

Does PIP protection fully shield you from a lawsuit?

A driver cannot sue you for medical bills after you cause an accident. You may find yourself in the middle of financial turmoil, though, if you do not have enough insurance to cover damages to the victim’s vehicle after an accident. 

The possibility of an auto accident leaving you financially destitute is why you should seek out an insurance policy that provides full coverage. The best policies offer policy limits that do not require you to dip into your personal finances to satisfy the costs associated with an incident. 

Call DJ Kauffman Agency for help?

Our agents understand the importance of having a good auto insurance plan in Kansas. They can help you create the ideal policy that satisfies the state minimum in addition to meeting your personal preferences. Call DJ Kauffman Agency in Hutchinson, KS today for a quote for auto insurance!