Why do we need insurance?

FBMAccess September 19, 2018

It’s simple, insurance protects you. Here at SOGO, we know you’ve worked hard to build a solid financial environment for you and your family, so we want to be sure that everything is protected. Accidents and disasters can and do happen, and if you aren’t properly insured, it could leave you in financial ruin. You need insurance to protect your life, your ability to earn income, and to keep a roof over your head! Insurance will help you: Our insurance

Being Prepared In An Emergency

FBMAccess September 12, 2018

Natural and man-made disasters can happen anywhere, anytime. Whether you are at work, on vacation or on the road it can be surprising! But, you can stay prepared in the event of an emergency by creating a plan and kit. Make a plan It’s always good to make a family communication plan. This can involve your family members to have important phone numbers and addresses written down or memorized. Be sure to store all important documents (birth certificates, insurance policies, health

Buying a house for your first time

FBMAccess September 5, 2018

Buying a house for the first time is a big decision and often a stressful one. That’s why we compiled a few tips to help you get through the hard stuff before hitting that sweet finish line! 1. Budget. Setting a realistic budget before you even begin browsing for houses online can save you from the disappointment of finding a house you completely love…but is out of your price range. Here is something you should know, the monthly expense will

Teen Drivers and Defensive Driving

FBMAccess August 29, 2018

Finally getting your license is amazing! But sitting in the driver’s seat? Not so much. For Teen Drivers, it’s important to know that driving is an experience that requires you to multitask. As you sit behind the wheel for the very first time, you might begin to feel overwhelmed by all the rules that you have to remember. But not to worry, here are five key things to keep in mind when finally on the road! Teen Drivers need to stay alert Driving

What is a deductible?

FBMAccess July 16, 2018

An insurance deductible is the amount you, the insured, must pay before any claim will be paid by your insurance carrier. Depending upon the type of insurance you have, your policy may set the amount of deductible or you may have the ability to set it. Deductibles serve a dual purpose: They save the insurance company money (including the administrative cost of processing small claims) and may help keep your premium costs lower. Choosing the Right Deductible Amount Generally speaking,

How much life insurance do I need?

FBMAccess June 16, 2018

If your family relies on your income, it’s critical to consider having enough life insurance to provide for them after you pass away. But too often, life insurance is an overlooked aspect of personal finances. In fact, according to a study conducted by LIMRA, which closely follows life insurance trends, less than half of U.S. households say they have individual life insurance coverage, and 40% of Americans say they need more coverage. (1) Recognizing the role life insurance can play

Protect your assets with umbrella insurance

FBMAccess May 20, 2018

In 2017, the U.S. had a record 11.5 million millionaires, up from 10.8 million in the previous year. An increase in personal wealth may bring greater financial flexibility; it may also bring greater liability. Individuals with high net worth, or those who are perceived to have high net worth, may be more likely to be sued. And personal injury claims can reach into the millions. (1) Umbrella liability insurance is designed to put an extra layer of protection between your

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