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What Life Insurance Do I Need For Mortgage? (Plains, PA)

Many families, and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

Are Long Term Care Insurance Benefits Taxable? (Plains, PA)

A question we often get is whether or not long-term care insurance is taxable. The truth is, most long-term care insurance benefits are not considered taxable income by the IRS. This is because they are treated similarly to reimbursements for medical expenses, which the IRS does not consider taxable. When you receive benefits, the insurance […]

Will Life Insurance Pay If You Smoke? (Plains, PA)

Life insurance policies typically cover smokers, but because life expectancy is the basis for life insurance rates and smoking can significantly reduce life expectancy, the premiums are usually higher for smokers than for non-smokers. Therefore, life insurers factor in the increased risk of mortality. Associated with smoking when calculating life insurance quotes. However, life insurance […]

Are Annuities A Good Investment? (Plains, PA)

Many folks we talked to that are looking to secure their financial future, want to know whether annuities are a good investment or if they should be just completely avoided altogether. The answer is that annuities, like many investments, are not good and they are not bad. They’re just kind of in the middle. So, […]

Why Are My Homeowners Insurance Rates Going Up? (Plains, PA)

One of the most common questions we hear about home insurance is so simple and super understandable. Why are my rates going up? I know it can feel frustrating and confusing, the truth, as there are a large number of reasons why you might see higher home insurance premiums, and not all of them are […]

Can Homeowners Insurance Be Reinstated? (Plains, PA)

Oftentimes, homeowners will let their policies lapse either by accident or due to unforeseen financial challenges. Now when this happens, a common question we hear is whether or not a home insurance policy can be reinstated. Now, in most cases, when a home insurance policy lapses, it’s because a payment was missed. Speaking, bringing your […]

Can Business Insurance Be Deducted? (Plains, PA)

Many business owners ask about the expenses that can be deducted from their taxes. One common deduction that business owners can take advantage of is business insurance. If your business expenses are ordinary and necessary, then your business insurance can be. Deducted from your taxes. This includes premiums for general liability, property damage, workers’ compensation […]

Does Your Auto Insurance Cover Car Rentals? (Plains, PA)

For frequent travelers or families who are planning a vacation, a very common question is whether or not an auto insurance policy covers car rentals. Great question. So, uh, this actually isn’t a simple yes or no answer, it depends entirely on the particulars of your individual auto insurance coverage. Some carriers cover the driver, […]

Is There Homeowners Insurance Without Roof Coverage? (Plains, PA)

Homeowners insurance pays to repair or replace your home and belongings if they’re damaged by something your policy covers, like a fire or burglary. A standard policy also includes liability coverage, which protects you if someone is injured on your property. Whether your homeowner’s insurance will cover the cost of a new roof, depends on […]

Can Annuities Be Inherited? (Plains, PA)

After the death of a loved one, it can be difficult to think about money and financial contracts, but it’s essential to remember that annuity contract terms continue paying out the same way for the original annuitants beneficiaries as they had prior to the annuitant’s death. In simpler terms, yes, annuities can be and typically […]

Can Medicare Cover Spouse? (Plains, PA)

I’ll be honest here, Medicare coverage can be confusing, and one common question people ask is whether or not their spouse can be covered under their Medicare plan. So, the short answer is no. A person qualifies for Medicare once they reach 65 or if they have a specific disability. Um, your Medicare plan is […]

Why Should I Get Full Coverage Auto Insurance? (Plains, PA)

When it comes to the auto insurance, the term full coverage can be misleading. And many drivers want to know if full coverage is actually worth having. First off, understand that auto insurance can be divided into coverage for you and coverage for the other party involved in an accident. Collision covers you and liability […]

Are Auto Insurance Rates Negotiable? (Plains, PA)

Are auto insurance rates negotiable? The short answer is no. Auto insurance rates are not negotiable. However, there’s more to this question than a quick answer. In truth, what most people want to know is how they can lower their auto insurance rates. While the premiums a carrier offers you aren’t negotiable, there are other […]

Are Medicare Premiums Tax Deductible? (Plains, PA)

Families that are enrolling in Medicare for the first time often have the same question. They want to know, are Medicare premiums tax deductible? So, the answer is yes. The Medicare premiums that you pay are at least partially deductible, but only up to a certain point. So, usually, any Medicare expenses you incur that […]

Will Auto Insurance Cover Medical Expenses? (Plains, PA)

If you’re involved in a car accident, one of the first things you’ll likely wonder is whether or not your auto insurance policy will cover your medical expenses. Now the answer to this question is complicated and depends on several factors, including the type of insurance policy you have, the severity of your injuries, and […]

What Auto Insurance Limits Should I Have? (Plains, PA)

Liability insurance is the only type of car insurance required by law, and for good reason. Liability coverage pays for the damage you do when you collide with another automobile. While situations will vary between people of different means, a smart way to gauge the level of liability insurance you should have on your car […]

What Life Insurance Do I Need For Mortgage? (Plains, PA)

Many families, and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

Are Annuities Safe? (Plains, PA)

Many investors wonder whether annuities are truly “safe,” or how they stack up against other options like mutual funds or bonds. Before we dive in, a quick reality check: every investment carries some level of risk. There’s no magical, perfectly safe, risk-free option—sorry to break it to you. That said, annuities are generally considered safer […]

Can Life Insurance Be Claimed As A Business Expense? (Plains, PA)

We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.

Are Annuities Safe? (Plains, PA)

Why Get Life Insurance For Babies? (Plains, PA)

OK, so here’s the thing. While it might seem strange or even a little bit morbid, purchasing life insurance for newborn babies has become super popular over the last few years. I know that the thought of losing a newborn is absolutely unthinkable, but I want you to keep in mind that life insurance is […]

When Is Homeowners Insurance Required? (Plains, PA)

While there’s no law that absolutely requires you to have a home insurance policy in place, the great majority of lenders will require some amount of home insurance before issuing a home loan. Banks that provide mortgages want to make sure that their investments are protected, and so home insurance is often their requirement in […]

Will Homeowners Insurance Cover Floods? (Plains, PA)

Floods are one of the most common natural disasters in the United States, and they can cause billions of dollars in damage. Homeowners insurance typically does not cover floods, because floods are considered natural disasters, and most homeowners, Policies exclude natural disasters from coverage. However, there are some ways to protect yourself from financial ruin […]

Can Homeowners Insurance Cover Roof Replacement? (Plains, PA)

Anyone who has ever had roof damage knows that it is one of the most harrowing and expensive types of damage that could happen to your home. And you know, because of these just nightmare stories, homeowners need to know whether or not roof damage is covered in a home insurance policy. And so, well, […]

Can Auto Insurance Companies Drop Your Coverage? (Plains, PA)

An important question often asked by drivers is, can my car insurance company drop my coverage? And the answer is yes, but only under certain conditions. So, generally speaking, a carrier will only cancel an insurance policy after the agreed term. So if you have a 6 month policy, then carriers will almost always maintain […]

Does Long Term Care Insurance Cover In Home Care? (Plains, PA)

In the event that long-term care is needed, most people want to be able to stay in their own homes. Therefore, a question we often get is whether or not long-term care insurance will cover in-home care. Fortunately, long-term care insurance can help cover the costs of many services, including at-home care and in-home nursing […]

Can My Auto Insurance Carrier Deny My Claim? (Plains, PA)

One question that we encounter so often is whether or not a carrier can deny a claim on an auto insurance policy. The answer to this question is absolutely, yes, they can. Normally this is due to some sort of misunderstanding or miscommunication, but it can also result from fraud. Misunderstandings on auto insurance often […]

Are Annuities Taxable? (Plains, PA)

Investors who are seeking smart and safe ways to prepare for the future, often ask whether or not annuities are exempt from income taxes. Well, as it turns out, annuities are not entirely tax exempt, but investors do have several options on when and How they wish to pay for taxes on those annuities. Now […]

Can Homeowners Insurance Be Backdated? (Plains, PA)

Many homeowners would like to know if a home insurance policy can be backdated to provide coverage before the policy was actually purchased. Now, obviously, this type of arrangement would benefit the homeowner, right? I mean, imagine only paying for insurance after a disaster occurs. So the answer is usually no, but there are some […]

Will Homeowners Insurance Cover A Civil Lawsuit? (Plains, PA)

With lawsuits becoming more frequent over recent years, many homeowners want to know if a home insurance policy provides protection against being sued in a civil proceeding. Now, the answer to this question really depends entirely on the details of your particular insurance policy. While many general home insurance plans offer some amount of liability […]

Are Medicare Advantage Plans Good? (Plains, PA)

Those who are approaching retirement age often want to know if purchasing a Medicare Advantage plan is a smart choice. Well, first, let me go ahead and tell you a little bit about it. A Medicare Advantage plan is a health plan provided by a private insurer that is approved by Medicare. Let’s see, generally, […]

Can Life Insurance Be Taken By Creditors? (Plains, PA)

A common question we often get is whether or not creditors can claim their life insurance. Generally speaking, creditors cannot take death benefits from your beneficiaries, even if you have accumulated debt. However, there are a few exceptions. For example, creditors can claim the death benefit if you list your estate as a beneficiary. This […]

Is There Homeowners Insurance Without Roof Coverage? (Plains, PA)

Homeowners insurance pays to repair or replace your home and belongings if they’re damaged by something your policy covers like a fire or burglary. A standard policy also includes liability coverage, which protects you if someone is injured on your property. Whether your homeowner’s insurance will cover the cost of a new roof depends on […]

Can Homeowners Insurance Be Reinstated? (Plains, PA)

Oftentimes homeowners will let their policies lapse either by accident or due to unforeseen financial challenges. Now when this happens, a common question we hear is whether or not a home insurance policy can be reinstated. Now, in most cases when a home insurance policy lapses, it’s because a payment was missed. Speaking, bringing your […]

Can Home Insurance Pay For A New Roof? (Plains, PA)

Homeowners insurance protects your home from damage caused by perils like fire, wind, and theft. But what about damage caused by wear and tear? For example, let’s say you need a new roof. Can your homeowners insurance policy help pay for it? The answer is maybe. Homeowners insurance policies typically cover sudden and accidental damage. […]

Can Annuities Be Inherited? (Plains, PA)

After the death of a loved one, it can be difficult to think about money and financial contracts, but it’s essential to remember that annuity contract terms continue paying out the same way for the original annuitants beneficiaries as they had prior to the annuitant death. In simpler terms, yes, annuities can be and typically […]

Can Life Insurance Be Left To A Minor? (Plains, PA)

If you have young children, you may wonder if life insurance can be left to a minor. The answer is yes, but there are some things you need to know about this process. In most cases, life insurance policies can be left to a minor without complications. The life insurance company will typically name the […]

Can Annuities Be Cashed Out? (Plains, PA)

Many policyholders want to know whether or not annuities can be cashed out. Then the answer is yes, you can definitely cash out from an annuity, but be prepared for penalties if you cash out early. Now you may encounter a withdrawal or surrender charge, and these are monetary terms describing a penalty for taking […]

Will Life Insurance Cover Funeral? (Plains, PA)

A common question we get is whether or not life insurance will cover funeral expenses. Most life insurance policies will cover funeral expenses, but the amount of money available to pay funeral costs may be limited. Generally speaking, funeral costs are typically only covered once the death claim is processed and paid by the life […]

Are Auto Insurance Rates Higher For Seniors? (Plains, PA)

We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.

Who Needs Long Term Care Insurance? (Plains, PA)

Who needs long term care insurance? And this is a question that many people ask, and the answer can be different for everyone. Some people need long term care insurance because they are at risk for disabilities as they get older. Others may need long term care insurance in order to provide for their loved […]

Can Medicare Cover Spouse? (Plains, PA)

I’ll be honest here, Medicare coverage can be confusing, and one common question people ask is whether or not their spouse can be covered under their Medicare plan. So the short answer is no. A person qualifies for Medicare once they reach 65 or if they have a specific disability, um, your Medicare plan is […]

What Is Business Interruption Insurance? (Plains, PA)

OK, so there are a broad range of business insurance options that cover a wide variety of risks, right? And I gotta say many business owners are unclear on the function of business interruption insurance. So to put it simply, uh, business interruption insurance basically replaces income that you would have earned if something prevents […]

Which Annuities Avoid Probate? (Plains, PA)

When someone dies, their estate goes through probate. This is a legal process that determines how the deceased property is distributed. However, there are some annuities that can help avoid probate. Generally, all annuities can avoid probate in the event of the annuitant’s death. If you properly choose and register a designated beneficiary, and they […]

How Much Is Business Insurance For A Car? (Plains, PA)

Business owners typically have a ton of questions about commercial auto insurance, but the most frequently asked question, of course, involves how much it costs. So the answer is that commercial car coverage can vary significantly from policy to policy based on what kind of protection your business or your driver needs. Makes sense, right? […]

Are Auto Insurance Rates Negotiable? (Plains, PA)

Are auto insurance rates negotiable? Well, the short answer is no. Auto insurance rates are generally not negotiable. However, there is more to this question than my short answer that I just gave you. So, in truth, uh, what most people want to know is how they can lower their auto insurance rates. Now, while […]

Do I Need A License To Get Business Insurance? (Plains, PA)

So many business owners want to know whether or not a business license is required before they can purchase business insurance coverage. As a rule, you don’t need a business license to purchase business liability insurance, but there are certain kinds of industry specific insurance that might require a license or certification. If you’re a […]

What Life Insurance Do I Need For a Mortgage? (Plains, PA)

Many families and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

What Liability Limits Should I Have On My Auto Insurance? (Plains, PA)

Liability insurance is the only type of car insurance required by law, and for good reason. Liability coverage pays for the damage you do when you collide with another automobile. While situations will vary between people of different means, a smart way to gauge the level of liability insurance you should have on your car […]

Can I Cancel My Auto Insurance At Any Time? (Plains, PA)

Have you ever wondered if you can cancel your auto insurance policy at any time? Well, the simple answer is yes, you can. That’s right, you are not under any obligation to keep your insurance for any length of time. However, canceling your insurance can be tricky business. So if you plan on continuing to […]

Are Life Insurance Death Benefits Taxable? (Plains, PA)

When a loved one dies, the last thing you want to think about is taxes. However, if you are the beneficiary of a life insurance policy, it’s likely you’ll want to know all the information about your death benefits, including if they are taxable. The good news is that life insurance death benefits are not […]

Can Homeowners Insurance Be Included In Closing Costs? (Plains, PA)

I cannot tell you how often new home buyers ask whether or not insurance can be included in their closing costs. So, as a general rule, yes, it can, but there are a few things you should address. Since buying a home can be complicated, plus, you know, juggling the requirements of your lender, uh, […]

Are Medicare And Medicaid The Same Thing? (Plains, PA)

A frequent question from families considering future health care options is whether or not Medicare and Medicaid are the same thing. Well, the short answer is no. Medicare and Medicaid are not the same. However, they’re both systems that provide health care coverage. All right, let me break it down for you. Medicare is a […]

Are Life Insurance Policy Payouts Taxable? (Plains, PA)

Some life insurance policy holders are a little bit concerned about whether or not any payout provided by their policy is subject to taxation, but rest assured, uh, with only really a handful of exceptions, life insurance payouts are not going to be taxed because most forms of insurance payouts. Aren’t considered income and therefore […]

Will Life Insurance Pay If You Smoke? (Plains, PA)

Life insurance policies typically cover smokers, but because life expectancy is the basis for life insurance rates and smoking can significantly reduce life expectancy, the premiums are usually higher for smokers than for non-smokers. Therefore, life insurers factor in the increased risk of mortality. Associated with smoking with calculating life insurance quotes. However, life insurance […]

Is Business Insurance Required By Law? (Plains, PA)

Business insurance is one of the most important types of insurance a business can have. There are many types of business insurance and each provides different levels of protection for your business. But is business insurance required by law? The answer is it depends. There are many business insurances that are not mandated by law. […]

What Is Long Term Care With Life Insurance Rider? (Plains, PA)

A long-term care life insurance rider or LTC rider is a policy added to your life insurance that can provide you with financial assistance if you need to receive long term care services. It works by using part or all of your death benefit for long-term care while you’re alive. An LTC rider can help […]

Can Homeowners Insurance Be Transferred To A New Owner? (Plains, PA)

Home buyers often ask if a home insurance policy can simply be transferred from one person to another, therefore allowing a new homeowner to begin making the payments when the old owner moves out. The short answer here is no. A home insurance policy cannot be transferred from one person to another. Each policy is […]

Will Auto Insurance Cover Medical Expenses? (Plains, PA)

If you’re involved in a car accident, one of the first things you’ll likely wonder is whether or not your auto insurance policy will cover your medical expenses. Now the answer to this question is complicated and depends on several factors, including the type of insurance policy you have, the severity of your injuries, and […]

Are Long Term Care Insurance Benefits Taxable? (Plains, PA)

A question we often get is whether or not long-term care insurance is taxable. The truth is, most long term care insurance benefits are not considered taxable income by the IRS. This is because they are treated similarly to reimbursements for medical expenses, which the IRS does not consider taxable. When you receive benefits, the […]

What Are Annuities? (Plains, PA)

Retirement planning has changed a lot over the years. In the past, retirees often received company pensions that would provide them with a yearly income for as long as they lived. It used to be simple. But nowadays, employer provided pensions are not nearly as common, so that leaves employees in need of a retirement […]

Can Homeowners Insurance Be Paid Monthly? (Plains, PA)

You know, I have to say pretty often home insurance policies are quoted from carriers for an entire year, and this leaves so many homeowners wondering if they can pay their premiums monthly. Now I’ll tell you, the answer is usually yes, OK? With most homes. Insurance policies you can choose to pay premiums on […]

Can Life Insurance Be Taken By Creditors? (Plains, PA)

A common question we often get is whether or not creditors can claim their life insurance. Generally speaking, creditors cannot take death benefits from your beneficiaries, even if you have accumulated debt. However, there are a few exceptions. For example, creditors can claim the death benefit if you list your estate as a beneficiary. This […]

Can Annuities Be Rolled Into An IRA? (Plains, PA)

Whether or not you can roll your annuity into an IRA, also known as an individual retirement arrangement, depends on your type of annuity. In most cases, if you have a qualified annuity, an annuity you make contributions to with pre-tax dollars, then yes, you can roll your annuity into an IRA. It is worth […]

What Life Insurance Do I Need For Mortgage? (Plains, PA)

Many families and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

Who Regulates Annuities? (Plains, PA)

If you are going to be spending your hard earned cash buying an annuity, we understand that you want your money to be safe. After all, it can be scary when there are negative, albeit unfounded, stigmas regarding the regulation of annuities. Well, sit back, kick back and relax because we’re here to tell you. […]

Which Annuities Avoid Probate? (Plains, PA)

When someone dies, their estate goes through probate. This is a legal process that determines how the deceased property is distributed. However, there are some annuities that can help avoid probate. Generally, all annuities can avoid probate in the event of the annuitant’s death. If you properly choose and register a designated beneficiary, and they […]

When Auto Insurance Company Deny My Claim? (Plains, PA)

One question that we encounter so often is whether or not a carrier can deny a claim on an auto insurance policy. The answer to this question is absolutely yes, they can. Normally this is due to some sort of misunderstanding or miscommunication, but it can also result from fraud, misunderstandings on auto insurance often […]

Will Life Insurance Cover Funeral? (Plains, PA)

A common question we get is whether or not life insurance will cover funeral expenses. Most life insurance policies will cover funeral expenses but the amount of money available to pay funeral costs may be limited. Generally speaking, funeral costs are typically only covered once the death claim is processed and paid by the life […]

Can Life Insurance Premiums Increase? (Plains, PA)

Many people are surprised to find out that their life insurance premiums can go up even if they have a guaranteed premium policy. There are a few reasons why your premiums may increase. One reason is simply that you’re getting older as you age, you become more of a risk to the insurance company and […]

Can Life Insurance Beneficiary Be Changed? (Plains, PA)

Look, I know we all understand the importance of having life insurance, right? But some policyholders are a little bit confused about whether or not the beneficiary of a life insurance policy can be changed. So in most cases, changing a life insurance beneficiary is relatively straightforward. Uh, typically you’ll just need to fill out […]

Are Annuities subject to RMD? (Plains, PA)

I’m gonna be honest here required minimum distribution can be a pretty confusing topic and so many investors who are out there weighing their options have questions about whether or not R MD applies to an annuity. The answer is that some annuities are subject to RM DS and some are not uh qualified annuities […]

What Life Insurance Do I Need For Mortgage? (Plains, PA)

Many families and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

When Is Homeowners Insurance Required? (Plains, PA)

While there’s no law that absolutely requires you to have a home insurance policy in place. The great majority of lenders will require some amount of home insurance before issuing a home loan banks that provide mortgages want to make sure that their investments are protected. And so home insurance is often their requirement in […]

Can a Life Insurance Beneficiary Be Changed? (Plains, PA)

Look, I know we all understand the importance of having life insurance, right? However, some policyholders are a little bit confused about whether or not the beneficiary of a life insurance policy can be changed. So, in most cases, changing a life insurance beneficiary is relatively straightforward. Typically you’ll just need to fill out a […]

Can Life Insurance Be Left To A Minor? (Plains, PA)

If you have young Children, you may wonder if life insurance can be left to a minor. The answer is yes, but there are some things you need to know about this process. In most cases, life insurance policies can be left to a minor without complications. The life insurance company will typically name the […]

Are Medicare Advantage Plans Good? (Plains, PA)

Those who are approaching retirement age often want to know if purchasing a Medicare Advantage plan is a smart choice. Well, first let me go ahead and tell you a little bit about it. A Medicare Advantage plan is a health plan provided by a private insurer that is approved by Medicare. Let’s see. Generally […]

Will Homeowners Insurance Cover Floods? (Plains, PA)

Floods are one of the most common natural disasters in the United States and they can cause billions of dollars in damage. Homeowners insurance typically does not cover floods because floods are considered natural disasters. And most homes policies exclude natural disasters from coverage. However, there are some ways to protect yourself from financial ruin […]

Will Homeowners Insurance Pay For Tree Removal? (Plains, PA)

Homeowners insurance protects your home from damage caused by perils like fire, wind and theft. But does that coverage also include tree removal? And many homeowners are surprised to learn that their standard insurance policy does not cover the cost of tree removal. In most cases, this type of damage is considered preventable. And as […]

Does Your Auto Insurance Cover Car Rentals? (Plains, PA)

For frequent travelers or families who are planning a vacation. A very common question is whether or not an auto insurance policy covers car rentals? Great question. So uh this actually isn’t a simple yes or no answer. It depends entirely on the particulars of your individual. Auto insurance cover some carriers cover the driver […]

Does Long Term Care Insurance Cover In Home Care? (Plains, PA)

In the event that long term care is needed, most people want to be able to stay in their own homes. Therefore, a question we often get is whether or not long term care insurance will cover in home care. Fortunately, long term care insurance can help cover the costs of many services including at […]

Why Get Homeowners Insurance? (Plains, PA)

Homeowners insurance is a vital element in any homeowner’s life and may help protect your home against various elements such as fires, theft, vandalism, storm damage, and many other occurrences. But don’t worry, our team of experts are here to help protection is our business and we specialize in being great at it. We’ll help […]

Can My Auto Insurance Carrier Deny My Claim? (Plains, PA)

One question that we encounter so often is whether or not a carrier can deny a claim on an auto insurance policy. The answer to this question is absolutely yes, they can. Normally this is due to some sort of misunderstanding or miscommunication, but it can also result from fraud, misunderstandings on auto insurance often […]

Who Needs Long Term Care Insurance? (Plains, PA)

Who needs long term care insurance. And this is a question that many people ask and the answer can be different for everyone. Some people need long term care insurance because they are at risk for disabilities as they get older. Now, others may need long term care insurance in order to provide for their […]

Why Commercial Auto Insurance? (Plains, PA)

The following are some of the key elements of commercial auto insurance coverage, which in many ways is like what you may have on your personal auto. It can cover collision, comprehensive liability, uninsured, motorists, et cetera. However, there are other important coverage options you do need to be aware of. For example, when employees […]

Why Should I Get Full Coverage Auto Insurance? (Plains, PA)

When it comes to the auto insurance, the term full coverage can be misleading. Many drivers want to know if full coverage is actually worth having. First off understand that auto insurance can be divided into coverage for you and coverage for the other party involved in an accident, collision covers you and liability covers […]

When Are Annuities A Good Idea? (Plains, PA)

A common question we receive from policyholders is when are annuities a good idea. The truth is there is no perfect time to buy an annuity. It is best. However, to understand uh what an annuity will provide you with financially before you decide on buying one, an annuity is not in investments. It is […]

What Life Insurance Do I Need For a Mortgage? (Plains, PA)

Many families and especially those who have just moved into new homes, for example, have questions about how to set up life insurance protection for their mortgage. Now, in the event that tragedy strikes the major breadwinner of a household, a life insurance policy can actually be used to pay off the mortgage and allow […]

Can You Lose Money With Annuities? (Plains, PA)

When planning for retirement, one of the last things you need on your mind is the fear of losing the money in your retirement plan. The good news is the majority of typical annuities don’t make you lose money. Fixed annuities will offer you a fixed interest rate completely unrelated to the performance of any […]

Can Life Insurance Be Cashed In Before Death? (Plains, PA)

A common question we hear all the time from families is whether a life policy can be cashed in before death. Well, the short answer is yes. Most policies have value that can be traded for some amount of cash and other policies are actually even designed to pay out before death. There’s many types […]

Can Business Insurance Be Deducted? (Plains, PA)

Many business owners ask about the expenses that can be deducted from their taxes. One common deduction that business owners can take advantage of is business insurance. If your business expenses are ordinary and necessary, then your business insurance can be deducted from your taxes. This includes premiums for general liability, property damage, workers compensation […]

Can Medicare Cover Spouse? (Plains, PA)

I’ll be honest here. Medicare coverage can be confusing and one common question people ask is whether or not their spouse can be covered under their Medicare plan. So the short answer is no, a person qualifies for Medicare once they reach 65 or if they have a specific disability, um your Medicare plan is […]

Are Annuities Safe? (Plains, PA)

Many investors want to know if annuities are safe or if they are on par with other forms of investments like mutual funds or bonds. Before I answer this question, I’ve got to remind you that all forms of investment carry some level of risk and there is no such thing as a perfectly safe […]

Can Life Insurance Be Claimed As A Business Expense? (Plains, PA)

Business owners often wonder whether or not life insurance can be claimed as a business expense on their taxes. And the short answer is no because life insurance already benefits from a tax advantage status. It cannot be claimed as a business expense. However, there are a few instances in which it is possible to […]

Can Life Insurance Be Taken By Creditors? (Plains, PA)

A common question we often get is whether or not creditors can claim their life insurance. Generally speaking, creditors cannot take death benefits from your beneficiaries even if you have accumulated debt. However, there are a few exceptions. For example, creditors can claim the death benefit. If you list your estate as a beneficiary, this […]

Can I Get Business Insurance Without A License? (Plains, PA)

So many business owners want to know whether or not a business license is required before they can purchase business insurance coverage. Now, as a rule, you don’t need a business license to purchase business liability insurance, but there are certain kinds of uh industry specific insurance that might require a license or certification. Now, […]

Do I Need A License To Get Business Insurance? (Plains, PA)

So many business owners want to know whether or not a business license is required before they can purchase business insurance coverage. As a rule, you don’t need a business license to purchase business liability insurance. But there are certain kinds of industry specific insurance that might require a license or certification. If you’re a […]

What Is Business Interruption Insurance? (Plains, PA)

So there are a broad range of business insurance options that cover a wide variety of risks, right? And I gotta say many business owners are unclear on the function of business interruption insurance. So to put it simply uh business interruption insurance basically replaces income that you would have earned if something prevents you […]

What Liability Limits Should I Have On My Auto Insurance? (Plains, PA)

Liability insurance is the only type of car insurance required by law. And for good reason, liability coverage pays for the damage you do when you collide with another automobile. While situations will vary between people of different means. A smart way to gauge the level of liability insurance you should have on your car […]

Are Life Insurance Death Benefits Taxable? (Plains, PA)

When a loved one dies, the last thing you want to think about is taxes. However, if you are the beneficiary of a life insurance policy, it’s likely you want to know all the information about your death benefits, including if they are taxable. The good news is that life insurance, death benefits are not […]

Can Homeowners Insurance Be Backdated? (Plains, PA)

Many homeowners would like to know if a home insurance policy can be backdated to provide coverage before the policy was actually purchased. Now, obviously, this type of arrangement would benefit the homeowner, right? I mean, imagine only paying for insurance after a disaster occurs. So the answer is usually no, but there are some […]

Are Business Premiums Tax Deductible? (Plains, PA)

Every business owner wants to make sure they take advantage of all the tax deductions that they can. And a common question regarding business insurance is whether or not premiums are deductible to start with. We all know that taxes are a complicated subject and on any tax matter, it’s important to set aside time […]

Can I Cancel My Auto Insurance At Any Time? (Plains, PA)

Have you ever wondered if you can cancel your auto insurance policy at any time? Well, the simple answer is yes, you can. That’s right. You are not under any obligation to keep your insurance for any length of time. However, canceling your insurance can be tricky business. So if you plan on continuing to […]

5 Reasons Why Your Home Insurance Increased (Plains, PA)

If you’re a homeowner, then you’ve probably noticed that your home insurance rates have been going up lately and if you’re like most people, you’re probably wondering why. Well, there are a few reasons for this. Now, one reason is the increased frequency of natural disasters in the past few years, we’ve seen an increase […]

Why Are My Homeowners Insurance Rates Going Up? (Plains, PA)

One of the most common questions we hear about home insurance is so simple and super understandable. Why are my rates going up? I know it can feel frustrating and confusing. The truth is there are a large number of reasons why you might see higher home insurance premiums and not all of them are […]

Are Annuities A Good Investment? (Plains, PA)

Many folks we talked to that are looking to secure their financial future, want to know whether annuities are a good investment or if they should be just completely avoided altogether. The answer is that annuities like many investments are not good and they are not bad. They’re just kind of in the middle. So […]

Can Homeowners Insurance Be Reinstated? (Plains, PA)

Oftentimes homeowners will let their policies lapse either by accident or due to unforeseen financial challenges. Now, when this happens, a common question we hear is whether or not a home insurance policy can be reinstated. Now, in most cases, when a home insurance policy lapses, it’s because the payment was missed. General speaking, bringing […]

Can Homeowners Insurance Pay For A New Roof? (Plains, PA)

Homeowners insurance protects your home from damage caused by perils like fire, wind and theft. But what about damage caused by wear and tear? For example, let’s say you need a new roof. Can your homeowners insurance policy help pay for it? And the answer is maybe homeowners insurance policies typically cover sudden and accidental […]

Are Annuities Taxable? (Plains, PA)

Investors who are seeking smart and safe ways to prepare for the future, often ask whether or not annuities are exempt from income taxes. Well as it turns out, annuities are not entirely tax exempt, but investors do have several options on when and how they wish to pay for taxes on those annuities. Now, […]

Are Auto Insurance Rates Negotiable? (Plains, PA)

Are auto insurance rates negotiable. The short answer is no auto insurance rates are not negotiable. However, there’s more to this question than a quick answer in truth, what most people want to know is how they can lower their auto insurance rates while the premiums a carrier offers, you aren’t negotiable. There are other […]

What Does Medicare Part A Cover? (Plains, PA)

Sometimes trying to understand what the different parts of Medicare cover can feel like alphabet soup. But because Medicare is so important, we want to help clarify things about Medicare. Part A for you. For starters. Medicare parts A and B work together to provide you with what is known as original Medicare. Whereas part […]

Can Annuities Be Inherited? (Plains, PA)

After the death of a loved one, it can be difficult to think about money and financial contracts. But it’s essential to remember that annuity contract terms continue paying out the same way for the original annuitant beneficiaries as they had prior to the annuitant death. In simpler terms. Yes, annuities can be and typically […]

Will Homeowners Insurance Covers Pitbulls? (Plains, PA)

While pit bulls have gotten a bad rap in recent years, the truth is that they can make loyal and loving pets. However, some homeowners insurance companies will not cover homes with pit bulls due to the perceived aggression of the breed. And this can be a significant problem for pit bull owners making it […]

How Much Homeowners Insurance Should I Get? (Plains, PA)

Just about every homeowner wants to know the ideal amount of coverage on a home insurance policy. And while the simple answer is to say that your policy should cover the market value of your home. This actually might not include everything. So do not forget that a homeowner’s insurance policy doesn’t just cover, cover […]

Will Auto Insurance Cover Medical Expenses? (Plains, PA)

If you’re involved in a car accident, one of the first things you’ll likely wonder is whether or not your auto insurance policy will cover your medical expenses. Now, the answer to this question is complicated and depends on several factors including the type of insurance policy you have the severity of your injuries and […]

Can Annuities Be Cashed Out? (Plains, PA)

Many policyholders want to know whether or not annuities can be cashed out. And the answer is yes, you can definitely cash out from an annuity but be prepared for penalties. If you cash out early now you may encounter a withdrawal or surrender charge. And these are monetary terms describing a penalty for taking […]

Why Get Life Insurance For Babies? (Plains, PA)

Ok. So here’s the thing while it might seem strange or even a little bit morbid purchasing life insurance for newborn babies has become super popular over the last few years. I know that the thought of losing a newborn is absolutely unthinkable. But I want you to keep in mind that life insurance is […]

Will Homeowners Insurance Cover A Civil Lawsuit? (Plains, PA)

With lawsuits becoming more frequent. Over recent years, many homeowners want to know if a home insurance policy provides protection against being sued in a civil proceeding. Now, the answer to this question really depends entirely on the details of your particular insurance policy. While many general home insurance plans offer some amount of liability […]

Are Annuities FDIC Insured? (Plains, PA)

We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.

Can I Cancel Business Insurance? (Plains, PA)

There are a lot of factors to consider when you’re deciding whether or not to cancel your business insurance. Uh Many businesses contemplate canceling their insurance due to high premiums, but canceling your insurance means that you’ll likely pay higher premiums when you apply for a new coverage. In fact, many companies will not allow […]

Can Homeowners Insurance Be Transferred To A New Owner? (Plains, PA)

Home buyers often ask if a home insurance policy can simply be transferred from one person to another. Therefore allowing a new homeowner to begin making the payments when the old owner moves out. The short answer here is no, a home insurance policy cannot be transferred from one person to another. Each policy is […]

How Much Is Business Insurance For A Car? (Plains, PA)

Answering Your FAQs! How Much Is Business Insurance For A Car? We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.

Can I Suspend My Car Insurance Temporarily? (Plains, PA)

Whether due to rising costs of insurance or the seasonal use of a vehicle. One common question received from motorists is if it’s possible to temporarily suspend or freeze a car insurance policy. Now, the answer depends on several different factors. Keep in mind that car insurance is required by law for any motor vehicle. […]

Are Medicare Premiums Based On Income? (Plains, PA)

Answering your FAQ’s! Are Medicare Premiums Based On Income? We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.

Are Medicare And Medicaid The Same Thing? (Plains, PA)

A frequent question from families considering future health care options is whether or not Medicare and Medicaid are the same thing. Well, the short answer is no. Medicare and Medicaid are not the same. However, they are both systems that provide health care coverage. All right, let me go ahead and break it down for […]

Is There Homeowners Insurance Without Roof Coverage? (Plains, PA)

Homeowners insurance pays to repair or replace your home and belongings. If they’re damaged by something, your policy covers like a fire or burglary. A standard policy also includes liability coverage which protects you if someone is injured on your property, whether your homeowners insurance will cover the cost of a new roof. Depends on […]

Can Auto Insurance Companies Drop Your Coverage? (Plains, PA)

An important question often asked by drivers is can my car insurance company drop my coverage? And the answer is yes but only under certain conditions. So generally speaking, a carrier will only cancel an insurance policy after the agreed term. So if you have a six month policy, then carriers will almost always maintain […]

Why You Should Use An Independent Agency Like Ed Troy Insurance Agency – Plains PA

When you call Ed Troy Insurance Agency, an independent insurance agency, you can get quotations from 10 or more different insurance carriers! We’re fully informed on the benefits of each carrier, and each policy, so you’re also getting truly expert advice. Call Ed Troy Insurance Agency in Plains PA at (570) 823-7626

How To Make Payments – Plains PA

Call Ed Troy Insurance Agency in Plains PA at (570) 823-7626

Commercial Auto Insurance Explained – Plains PA

Key elements to Commercial Auto Insurance coverage with Ed Troy Insurance Agency. Call Ed Troy Insurance Agency in Plains PA at (570) 823-7626

Business Insurance Coverages – Cases #5 and #6 – Plains PA

The final segment in our video series about what insurance a small business actually needs. Bad Luck Case #5 We review the need for Employment Practices Liability Insurance. Bad Luck Case #6 A Key Man Life Insurance Policy would have been very helpful, giving the business valuable time to recover from the loss. Call Ed […]

Business Insurance Coverages – Cases #3 and #4 – Plains PA

As we continue our series of business insurance examples… See how Bad Luck Case #3 might have been improved with a Property Insurance Policy that included Debris Removal Coverage, along with Business Income Insurance. Bad Luck Case #4 reveals a very real need for Cyber Liability Insurance with Data Ransom Coverage Call Ed Troy Insurance […]

Business Insurance Coverages – Cases #1 and #2 – Plains PA

What insurance does a small business actually need? Much of a business’s success depends on how well it can overcome obstacles. Ed Troy Insurance Agency is here to help guide you through the perils that you likely don’t anticipate. Bad Luck Case #1 In this example, the hefty legal and judgment costs would have been […]

Homeowners Insurance From Ed Troy Insurance Agency

Do you have any questions about homeowners insurance coverages? We’d be happy to help! Call Ed Troy Insurance Agency in Plains PA at (570) 823-7626

Tragic Mackey Family Story (The Impact of Life Insurance)

Don’t let what happened to the Mackey Family happen to yours. Call Ed Troy Insurance Agency in Plains PA at (570) 823-7626

5 Main Reasons For Financial Devastation

Can you guess 5 main reasons we see families needlessly suffer financial devastation? Watch and find out!

The Ed Troy Insurance Agency Concierge Program

Finding the best service providers in town can be frustrating. That no longer needs to be the case, because Ed Troy Insurance Agency has a listing of other local businesses that have been highly recommended by our valued customers!

An Intro To Ed Troy Insurance Agency

At Ed Troy Insurance Agency, we believe you deserve top quality service… Period. That’s why we’re committed to giving you the best of us. We’ll always make sure you have the right coverage, the right discounts, and can take comfort in knowing the things that matter most to you are protected. We also believe in […]