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Deluxe Insurance Group

4515 E Superior St
Duluth, MN 55804

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How Whole Life Insurance Works

For many people who have people who depend on them financially, it’s important to always have life insurance. If you have been interested in getting a whole life insurance policy, it’s important to understand the benefits and the drawbacks of this type of insurance. It works very differently from term life policies. If you need life insurance, give us a call now at Deluxe Insurance Group (Duluth) in Duluth, MN.

Whole Life

This type of life insurance policy gets its name from the term that it’s good for your whole life. It is good for the rest of your life and will stay in effect no matter what your age as long as you keep paying for it as agreed. Many people find that this arrangement is perfect for them, as they don’t want to switch to another life insurance policy later. Because the policy stays good no matter what your age, these policies are more expensive. However, they remain a good way to get the coverage you can count on. 

Cash Value

Another benefit of this type of life insurance is that after a few years it starts to build a cash value. This is a valuable benefit, as you can borrow against the amount of this cash value. If you were to have a financial emergency down the road, this cash value could really come in handy. The loan is paid back just like any other loan, and the amount of the loan is deducted from the death benefit until the loan is paid back. 

Get Your Whole Life Insurance Policy

With so many benefits to this kind of life insurance, it’s no wonder that it’s a popular way to stay financially protected. When you want a life insurance policy, call us at Deluxe Insurance Group (Duluth) in Duluth, MN.

How Do I Choose the Best Pet Insurance Policy?

There are a number of factors that you should consider when choosing the best pet insurance for your furry friend. These factors include the age of your pet, the type of surgery that your pet needs and the cost of the surgery. 

Shop around as you need the right policy. For expert help in Duluth MN, call Deluxe Insurance Group.

Pet Insurance: What You Need To Know

When deciding which pet insurance policy is right for you and your pet. First, look for a policy that covers your pet’s age, species and medical conditions. Second, check to see if the policy will pay for any special care that your pet might require. 

If you are buying a pet from a rescue group, make sure to ask if they have a pet insurance policy. If your pet has a medical problem, mostly, the group’s plan will cover it. 

One of the first things to consider when choosing a pet insurance policy is your pet’s age and health. Older animals have a higher risk of developing chronic conditions that require costly treatment. It’s thus important to have a pet insurance policy that covers chronic conditions like diabetes or high blood pressure. 

Some companies include coverage for annual checkups and vaccinations. Do the math to figure out whether or not it is worth the additional cost even though the idea might sound appealing. Compare the cost of the wellness insurance premium that you pay annually with the amount that you would pay each year for the services covered in the plan.

Give Us A Call

The most important thing to keep in mind is that insurance is only helpful if you know what you are putting in. Think of what can go wrong if any expenses that come up as a result of unforeseen events. 

To help you decide on the best pet insurance, reach out to Deluxe Insurance Group in Duluth, MN.

Should I get classic car insurance for my vehicle?

Those living in Duluth, MN and that love cars may dream of one day owning a classic car. If this is the case for you, having the proper insurance for it is very important. Getting a classic car insurance plan for your classic car is a good option for anyone in this part of Minnesota.

Why Get Classic Car Insurance?

Protect Collectible Value

One of the reasons that people should get a classic car insurance plan is that it can help to protect the collectible value of a car. A classic car is a unique asset because it could appreciate in value with time. As a classic car can be an investment, you will want to know the full collectible value is covered. With a classic car insurance plan, you will have an opportunity to negotiate a fair level of coverage based on the full vehicle value.

Proper Liability Coverage

It is also a good idea to invest in classic car insurance as it can provide you with the proper liability coverage. Having liability coverage is always required no matter what type of car you have. However, as classic cars are driven sparingly, the actual risk of an accident occurring over the course of a year is low. With a classic car insurance plan, the liability plan you receive can be curtailed to match how much you actually drive.

Contact Us Today

Anyone that has a classic car in the in Duluth, MN area will want to know that they have the right insurnace. With a classic car insurance plan put together with the help of the Deluxe Insurance Group, you will know that you have the proper support. The team with the Deluxe Insurance Group will help ensure you understand your needs and options as you build a new policy. 

Is motorcycle insurance required to ride my motorcycle in Minnesota?

There are a few states that don’t require motorcycle owners to carry insurance. Aside from Florida, New Hampshire, Washington, and Montana,  Duluth, MN riders must carry motorcycle insurance to legally operate a motorcycle in the state of Minnesota. Motorcycle riders must carry both bodily injury and property damage insurance to legally ride within the state. 

Minnesota Motorcycle Insurance Requirements

Anyone who owns or operates a motorcycle must purchase motorcycle insurance that meets the state minimum requirements before registering their bike. Proof of insurance coverage must be carried at all times when operating your motorcycle. Minnesota motorcyclists carry $30K in bodily injury coverage per person and $60K per accident. Also, motorcycle owners/operators are required to carry $10K in property damage liability. However, you may be required to carry more insurance if you are financing your motorcycle. Often, your lender or leasing company will require full coverage if you are financing your motorcycle. In situations like this, full coverage isn’t required by law, but by a lender. 

Circumstances that Require More Than the Minimum Insurance Coverage…

A bank, credit union, or leasing agency may require you to carry collision and comprehensive coverage while you are financing your motorcycle to cover possible physical damage, vandalism, or loss due to some other unexpected incident. In some situations, collision and comprehensive insurance will cover the replacement of your motorcycle, if needed. Although not required, underinsured/uninsured insurance may be purchased to cover damage from an uninsured motorist or underinsured motorist. If you have additional questions regarding motorcycle insurance, give us a call. Our team at Deluxe Insurance Group (Duluth) is standing by to help Duluth, MN motorcycle owners get the answers they need.

Important Life Insurance Facts

Luke Peterson Insurance is an independent insurance agency. We are committed to helping Altoona, IA residents find the coverage they need to navigate life’s risks. We work with different carriers across the state to give our clients a wide variety of options.

We look forward to assisting you.

Important Life Insurance Facts

With so many responsibilities daily, it may be difficult for you to start planning for the future. However, accidents can happen at any moment. During those times when an emergency occurs, obtaining insurance makes things easier. Life insurance is a common example. While death is an uncomfortable topic for many people, the policy helps alleviate some stress. If you pass away unexpectedly, your loved ones can use your life insurance policy to settle your affairs or continue to maintain the previous standard of living. You can help provide comfort during a difficult situation. Your loved ones may face complications making arrangements without the security a life insurance policy provides.

Term life insurance policies are common. These types of policies provide full coverage over a specified period. The average term length on most policies is 15-20 years. Whole life policies are another option. These policies allow you to maintain coverage throughout your entire lifespan. You can also pursue coverage through your employer. Remember that you may not receive the same benefits in a group policy that you would if you had your own individual policy. As you age and your life changes, you can adjust your coverage options.

Luke Peterson Insurance Will Help You Protect Your Assets

Visit our office in Altoona, IA to learn more about life insurance.

Why Does RV Insurance Matter?

Whether you are a seasoned RV owner or are looking to purchase, you need to think about RV insurance. Because your RV is a massive investment, you can’t leave it exposed to risks on the road and in the storage facility. You should buy coverage from Deluxe Insurance Group to protect your vehicle and yourself.

Not convinced about RV insurance? Here is why this coverage matters.

It gives you liability protection.

If there is one thing that can mess with your finances is liability claims from third parties, especially when sued. Unfortunately, liability claims are common, so you need a proper insurance plan to cover yourself. RV insurance protects you when other people accuse you of causing bodily injury and property damage. It also covers you when sued.

Asset protection

Since your RV doesn’t come cheap and it’s expensive to repair, you need insurance that protects your investment. RV insurance compensates you when your RV is damaged or stolen. While RV insurance doesn’t prevent perils from happening, it lessens your financial burden after a calamity.

It’s required

Like your vehicle, Minnesota requires all RV owners to purchase insurance. Failure to purchase the minimum required insurance may result in penalties and fines. But why go through this, you can purchase affordable coverage from Deluxe Insurance Group?

Also, if you have purchased your RV through a loan, your lender may require you to invest in RV insurance until you pay off your loan.

Peace of mind

You shouldn’t think of this and that peril when using your RV. Investing in RV insurance wipes away your worries, helping you have a relaxed time while on the road.

RV insurance in Duluth, MN

Want to invest in RV insurance? You don’t have to hop from one insurance agent to another. Partner with Deluxe Insurance Group in Duluth, MN, and we will meet all your RV insurance needs.

What Are The Myths About Boat Insurance?

If you are a lucky boat owner, you should think about getting boat insurance. The purpose of boat insurance is to cover loss or damage to your boat or watercraft and to protect you from such physical damages as theft, vandalism, and other accidents. If you are currently shopping for auto insurance, there are certain existing myths about it that need to be debunked: 

Myth 1: Your Boat Is Covered By Home Insurance

Many boat owners mistakenly believe that they do not need separate boat insurance because their boat is covered by home insurance. Yes, some home insurance policies cover boats and watercraft as well, but their coverage is usually very limited and does not protect you and your boat from many things. 

Myth 2: You Will Be Covered Anywhere You Go Boating

The truth is that most boat insurance policies cover only the specific area where you are typically boating, including the general area around it. Therefore, if you decide to go with your boat on vacation, there is a chance that your boat will not be covered. 

Myth 3: Boat Insurance Is Expensive

In general, boat insurance is not as expensive as many people think. Moreover, there are ways to reduce your monthly premium. For example, you can take safety courses to significantly reduce the cost of your boat insurance. 

Deluxe Insurance Group (Duluth) – Your Reliable Insurance Company In Minnesota

If you live in Duluth, MN or any other nearby town, and you are looking for proper boat insurance, Deluxe Insurance Group (Duluth) is the right company to contact. We are glad to provide you with all the necessary and accurate information about this type of insurance, answer all your questions, and help you find the perfect policy. Our company serves clients in Duluth, MN and other nearby areas. Do not hesitate to contact us any time – we are always here for you. 

Life In A Flood Zone: What You Can Do To Protect Your Home

If you live in an area prone to flooding, it’s important that your home is fully protected. In addition to having a rock-solid flood insurance policy, you’ll also want to take steps to physically protect your property in the event of a flood. 

Consider Raising Your Home

Talk with a contractor about whether it’s possible to raise your home off the ground. Doing so can lower the risk that your home and belongings will be damaged in the event of a flood (and can provide you with ample parking). 

Grade Your Lawn

Discuss changing the grade of your lawn with your landscaper. If your lawn tilts toward your home, excess rainwater will pool around the foundation of your house. Changing the grade of your lawn so that it tilts away from your home can make it easier for rainwater to drain away in the event of a flood. 

Leave Space Between Your Home and Mulch

Resist the temptation to put mulch right up against your home. If you live in an area known for its wet weather, it’s likely that your mulch will be wet or damp often. Mulch that is not dry and pressed against the side of your home can cause mold to form in your siding, resulting in damage to your home.

Reach Out To Deluxe Insurance Group (Duluth), Serving Duluth MN For Your Flood Insurance Needs

If your home is in a flood zone, it’s important that you have flood insurance to protect your home and assets. Reach out to Deluxe Insurance Group (Duluth) serving Duluth, MN for all your flood insurance needs. 

What Does RV Insurance Cover?

If you have an RV and plan to use it at all, you are going to want to buy insurance for it. You need it to protect your family (and your liability), just in case anything happens while you are out having fun in your RV. 

So, what does your insurance cover? 

Bodily injury liability. This will cover any medical bills that occur if you have an accident while you are in your RV. It may also help to cover the loss of income due to injuries. 

Property damage liability. This will cover any damages that occur to the other vehicles that may occur in an accident. 

Collision. If you have collision insurance, it will cover the cost to fix or replace your RV, no matter who caused the accident. 

Comprehensive. Comprehensive insurance covers other damages that may occur to your RV, including theft, damage due to fires or storms, and other things that may happen. 

Uninsured and underinsured motorists. This insurance will protect you if you get in an accident with someone who doesn’t have insurance (or doesn’t have enough). It will help cover any expenses that may occur. It will even cover hit-and-run accidents. 

Medical payments. This will cover your medical bills if you are involved in an accident, no matter whose fault it was. 

Most states require you to have bodily damage liability, property damage liability, uninsured motorists, and underinsured motorists. You may not need to have collision or comprehensive insurance, though it is a good idea if you have an expensive RV that you can’t afford to fix. 

To make sure that you are fully protected, no matter what happens, contact us today at Deluxe Insurance Group (Duluth) in Duluth, MN. 

Do Duluth Bikers Need Year-Round Motorcycle Insurance?

Winter is approaching, and for many bikers, this means it’s time to winterize and put up their motorcycles for the season. Not everyone enjoys cruising in the bitter cold on icy roads. A sensible person might ask whether I need to carry year-round insurance on my bike over winter. In short, yes. Let’s review some critical details about motorcycle insurance in Duluth, MN to help you make the best choice for your ride. 

It’s a Minnesota Requirement

At the very least, all motorcycles in Minnesota must carry liability protection, and this only covers property damage or bodily injury when you are at fault. Your bank or lien holder, should you have one, might also require you to carry collision and comprehensive to protect their interest. 

Additional Coverage Options

  • Collision – Covers damage to your bike
  • Comprehensive – Covers damage to your bike not originating from a crash – like weather events, theft, fire, and vandalism
  • Uninsured/underinsured motorist coverage – Covers damages not caused by you when the other driver does not have any or sufficient coverage
  • Customization – If you’ve invested in custom, aftermarket parts on your motorcycle, make sure your coverage is sufficient to repair or replace them if they are damaged. 
  • Lay-Up Policy – In some cases, you can acquire lay-up coverage while your bike is in storage for the winter months. This reduces your policy premiums but retains ongoing coverage for the risk you still maintain – comprehensive.

Saving Coin 

Aside from considering a lay-up policy, when available, remember that insurance companies sometimes extend discounts for continuous coverage. Meaning it may cost you more, in the long run, to drop coverage over the winter. In addition, you may be able to receive discounts for including multiple bikes on your policy, installing anti-theft devices, or taking safety courses. The best way to discover potential savings is to reach out to Deluxe Insurance Group (Duluth) today and ensure you have the best coverage for your coin.

Partner Carriers

  • AAA
  • Acuity
  • Badger
  • Concord
  • Foremost
  • Grinnell
  • Kemper
  • Main Street America
  • MetLife
  • Nationwide
  • North Star
  • Progressive
  • Ram
  • Safeco
  • State Auto
  • The Hartford
  • Travelers
  • Woodland