Does a higher health cover guarantee better protection in Bethesda MD?

If you want to save money on your automobile insurance, you know that the more you increase the deductible, the lower your premiums will be. The same is true with your health insurance. The higher your cover, the better your protection and the lower your premiums may be. Your Wellspring Insurance Network agent may help you determine the best coverage to fit the needs of your family in Bethesda, MD. Your agent can discuss recent health insurance changes with you and potentially help you decide the cover that benefits you most, particularly if you have special health-related needs.

Lower deductible plans versus better coverage plans

It may seem beneficial to enroll in a policy with a low deductible, but you can have to pay thousands of dollars out of pocket should a catastrophic illness or sudden medical issue occur, such as a heart attack. Similarly, those enrolled in policies with lower deductibles may discover they are without coverage for critical care or special needs such as maternity care. Plans with higher deductibles cover up to 90% of medical costs, feature higher deductibles but features better coverage. Although you initially pay more, you get much better coverage once you meet your deductible.

Better protection for your family

Bethesda is recognized as being “home to some of the nation’s best and most professional hospitals.” The top-notch medical care available to you and your family at local hospitals and medical facilities means you and your family have access to some of the best care in the country. Discuss how to improve your coverage with your Wellspring Insurance Network agent by giving us a call or contacting us online.

Trucking Insurance: How to Protect Your Cargo

From shopping to dining, there are a many things you can do in Maryland, right on the waterfront in Annapolis City and in the Port of Baltimore. Although many people like dining and shopping along the waterfront, they do not put much consideration into what’s being delivered to the Port of Baltimore. Frequently, automobiles, construction machinery, and sugar are imported at the Port of Baltimore and transported via semi-trucks after being unloaded. Even though consumers may not give it a second thought, businesses that utilize these services do, and they worry about protecting their cargo.

Does Your Commercial Auto Insurance Cover Cargo?
There are many forms of commercial auto insurance that protect you when company cars are on the road. For companies that utilize semi and light trucks, the commercial insurancebasic form may not meet all of your needs sufficiently when it comes to reducing liability, which includes protecting the cargo your trucks transport. The best way to determine the appropriate insurance coverage for your business is to speak with one of our professional agents. Their ability to identify risks and mitigate those risks with the appropriate insurance coverage will strengthen your business’ competitive position.

What Insurance Coverage Is Best for Your Business?
Knowing what insurance is best for your business depends on your business needs and your strategic approach to risk. By consulting with a licensed commercial insurance agent, you can make an informed decision about the type of coverage that is right for your business. Going into the consultation, you should keep the following in mind.

•    The types of vehicles in your fleet.
•    The type of cargo transported and the value of the cargo.
•    Your claims history.
•    Your drivers’ age and experience.
•    Do you want your deductible to be affordable, while paying more each month for your premiums?
•    The replacement values for each of the vehicles in your fleet.

When you take a preliminary assessment of where your business stands currently with insurance, you arm yourself with the ability to ask pertinent questions that will help you make an informed decision. With knowledge about your insurance needs, our local insurance agents can help you determine the differenceMaryland commercial auto insurance can have on your business when you choose the appropriate protection.