Insurance companies underwrite to assess risk associated with an applicant. That is, what groups are at a higher risk to make more claims. The groups with a higher claim history will pay more for auto insurance. Underwriting factors that affect cost are:

• Driving Record - Drivers with previous traffic violations and at fault accidents would be placed in a higher risk group.
• Marital Status - Claims among married policyholders are less than single policyholders putting them in a lower risk group than single policyholders.
• Residence - The location where you garage the vehicle (usually your residence) also affects the rates. More claims are made from urban areas than rural areas.
• Age and Gender - Some age groups fall into higher risk groups. Males have more accidents than females. Teenagers have many more accidents than the rest of the population. A small number of states have prohibited insurance companies from using gender as a risk factor.
• Use of Vehicle - Higher annual mileage will usually result in higher cost because of the higher exposure to risk. · Type of Vehicle - The type and cost of the car you drive will affect the cost of the insurance.
• History of Prior Coverage - If you were cancelled because of non-payment of premiums from a prior insurance company your rates in some states might be affected adversely.
• "Better Risk Discounts" - If you qualify, discounts you should ask for:
Multiple Vehicles
Good Student
Safety Devices - Automatic seat belts, Anti-Lock brakes, Air Bags etc.
Drive a low amount of miles each year
Good Driver
Anti-theft devices
Driver Education courses for young and old drivers
Auto and Homeowners policies with same company

Dividends
Depending on the type of legal and financial responsibility system used in your state, you will need to purchase either automobile liability insurance or no-fault insurance.

Bodily Injury Liability Insurance protects you against claims of other people who are injured when you are at fault. It does not protect you against damage to you personally or your car. It protects you from their damages such as medical expenses, lost wages, and pain and suffering. You will also be covered for damages if the accident was caused by a member of your family living with you or a person using your car with your consent.

Bodily injury liability insurance is purchased with specific benefit limits. These limits address how much money the insurance company is committed to pay for any one victim in an accident and limits the amount they must pay for multiple victims. Most states require you to purchase minimum amounts of bodily injury coverage. If you raise your coverage your premiums will increase because the insurance company will be assuming a higher risk.

Property Damage Liability Insurance pays for any damage you cause to the property of others. It could be a dented fender, broken window, or damaged property. The insurance company will pay the claim whether you were driving your car or whether it was driven by another person with your consent. Property damage liability insurance is purchased with specific benefit limits. Most states require you to purchase minimum amounts of property damage liability insurance.

Uninsured Motorists coverage is protection for you. This coverage pays you if you are injured by a driver who does not have auto insurance or by a hit-and-run driver. This coverage takes the place of the insurance the other driver should have purchased but did not, or covers the amount the other driver's insurance does not cover. Uninsured motorists coverage is purchased with specific benefit limits. Most states require you to purchase minimum amounts of coverage. This coverage does not protect the other driver and may not cover damage to your vehicle.

Each state must implement either a Tort System or a No-Fault System. Liability insurance above applies to the Tort system. For specific information about what system is in force in your state see chart, "Minimum State Insurance Requirements".

In a no-fault state your insurance company pays you directly for your losses as a result of injury sustained in an accident, regardless of who is at fault. If the other driver was injured in the same accident, the other driver collects losses from his or her own insurance company. You could be sued only under specific conditions. You could be sued if you are the driver at fault in an accident that causes very serious injuries to others.

Personal Injury Protection (PIP) is the most basic no-fault coverage. Regardless of fault, this coverage pays a minimum benefit amount per person to anyone riding in your car for the losses incurred due to injuries. The level of benefits varies widely among states. See "Minimum State Insurance Requirements".

The following coverages are normally included under PIP:

1. Medical Expense Benefits include all reasonable charges for medical, hospital, surgical, professional nursing, dental, optometric, ambulance, prosthetic services and X-rays.
2. Rehabilitation Expenses Benefit includes charges for psychiatric, physical and occupational therapy, and rehabilitation.
3. Work Loss Benefit includes coverage for loss of wages up to a specific limit for a specific time period following injury.
4. Funeral Expense Benefit covers all reasonable charges up to a specific amount for funeral services including burial and cremation expenses.
5. Survivors Loss Benefit provides a payment to your surviving spouse or dependents up to a specific amount for a specific time period.

Residual Bodily Injury Liability Coverage protects your family and anyone else while in your car with your permission in the event you are sued because of injuries caused to others. Each no-fault state has defined certain thresholds that, if exceeded, open the possibility of a suit. These thresholds can be based on specific dollar amounts, clearly defined injuries and/or death resulting from an accident.

No-Fault specifically excludes property damage liability for damage that you cause to the property of others. If you are at fault in such an accident, you will be held liable and can be sued for these losses. You must buy separate collision coverage to satisfy this risk.

Property damage is covered by either Collision coverage or Comprehensive coverage.

Collision Coverage pays for physical damage to your car as the result of a collision with an object or another car. This coverage is expensive and is optional but may be required by your lending institution or lessor. The higher the deductible, the more you will save on the cost of coverage.

Collision coverage only covers your financial expenses for repair of your damaged car. If the repair cost exceeds the current value of your automobile the insurer will "total" the car and pay you only what the car is worth, not what it would cost to repair.

Comprehensive Coverage pays for damage to your car other than the result of an accident, such as, theft, fire, severe weather, flood, and vandalism. It is not as expensive as collision coverage and the cost can be reduced as you increase the deductible. This coverage is optional but may be required by your lending institution or lessor.

Medical Payments Coverage pays for the medical and funeral expenses for you or others injured or killed in an accident while riding in or driving your car even if you cause the accident. Claims include all reasonable hospital, surgical, chiropractor, X-ray, dental, professional nursing, prosthetic, and funeral expenses. It also covers you or members of your family if you are struck by any auto while walking or while riding in another auto.

Rental Reimbursement Coverage usually pays a specific amount for a specific number of days while your car is being repaired.

Towing Coverage pays the cost of towing your car to the repair shop.

Getting the right auto coverage is not as easy as it sounds. Choosing the wrong coverages and limits could lead to financial disaster. It’s an important decision, and one that your Hoosier Insurance and Financial Services specialist does not take lightly.

Sit down with your agent. Ask questions. And trust the Hoosier Insurance team to recommend the right auto insurance policy for your lifestyle.

You can start getting your FREE quote right now.

Your home is one of the most important assets you own and making sure it is properly protected is our priority. Your Hoosier Insurance and Financial Services specialist will work with you to ensure that everything that needs protection is covered.

And don’t forget that homeowners insurance isn’t just about protecting your house. One of the most important features of a homeowner’s insurance policy is the liability protection. If a neighbor falls on your icy sidewalk and files a claim, your homeowner’s policy steps in to protect you and your family.

You can start getting your FREE quote right now.

From Independent Owner/Operators to Multi-Truck Fleets, We Have the Right-Sized Coverage to Fit Your Needs.

There is no one-size-fits-all insurance here. At Hoosier Insurance and Financial Services we pride ourselves in providing the right policy to meet every client's specific needs. No two situations are alike and we make sure we understand your situation before we recommend a coverage plan.

We offer a wide range of comprehensive insurance policies from many of the largest and most respected names in the insurance industry. We can tailor them to your unique needs. No matter what size it is, we have the right size policy for your operation.

Our experienced insurance professionals have substantial knowledge of the transportation business. You can be confident that you are getting the right amount of coverage and are adequately protected without paying for more than you need. Our goal is to earn your trust and make you a customer for life.

You can start getting your FREE quote right now.

Having the right life insurance is pivotal in planning for the future of you and your loved ones. Life insurance can help you fulfill promises you’ve made your family when you are gone.

Don’t leave the future of you and your loved ones to chance. Hoosier Insurance and Financial Services can help you find the right life insurance coverage for you, and help ensure that your policy continually meets your needs.

Life Changes. So Should Your Policy.

For each of our clients, the right life insurance will be unique and dependent on personal and financial needs. As your life changes, your life insurance coverage may need to change in order to adapt to your current needs. Some life transformations that may require a policy “tune-up” include:

• • You recently married or divorced
• • You have a new child or grandchild
• • You have opened or expanded a business
• • Your health or your spouse’s health has deteriorated
• • You are providing care or financial assistance to a parent
• • Your child or grandchild requires assistance or long-term care
• • You recently purchased a new home
• • You are planning for a child or grandchild’s education
• • You are concerned about retirement income
• • You have refinanced your home mortgage in the past six months
• • You or your spouse recently received an inheritance
• • You have a sizable estate

What type of life insurance is best for you? Talk with the team at Hoosier Insurance. We can assist in identifying the best protection for you.

Looking for that group medical coverage for your company employees? Look no further we have plans designed to meet your needs and budget. Contact us to get your personal quote for your health care needs.

We offer Farm programs that can provide all the coverage you need. Whether you run a big or small operation, we can help you figure out the proper coverage for your farm.

• • Farm dwelling and household personal property coverage
• • Farmer’s comprehensive personal liability coverage
• • Medical payments coverage
• • Coverage for physical damage to the property of others
• • Inflation guard protection
• • Equipment coverage
• • Livestock Liability
• • TV antennas/satellite dish coverage

For additional information about the coverage we provide, please contact us or stop by.

When you're getting away from it all, worry should stay far behind. Whether you're in the water, on the snow, on two wheels or four, we have coverage that keeps worry away from your time away.

Cover your:

• • All-Terrain Vehicles
• • Snowmobiles
• • Golf Carts
• • Minibikes
• • Dune Buggies
• • Motorcycle
• • Motor homes
• • Campers
• • Jet Skis
• • Boats
• • Antique, Classic or Special-Interest Cars

You can start getting your FREE quote right now.

Business insurance protects your company, so you can get back to business.

Hoosier Insurance and Financial Services understands business insurance. You can find our offices in Washington, and our clients all around the state of Indiana and surrounding states. As an independent insurance agency, we take pride in reviewing your options with multiple insurance companies and comparing protection and prices to find the best value for your business.

Our commitment is to serve you, our customer.

Hoosier Insurance knows that in Indiana, there are as many unique insurance needs as we have neighbors who live here! Contact one of our helpful team members about your specific insurance needs.

Commercial & Business Insurance Products

• • General Liability Insurance – Broad insurance coverage for your business and activities
• • Commercial Property Insurance – Protect your business with insurance for your commercial property
• • Business Auto Insurance – Cover your business with insurance for commercial vehicles
• • Commercial Umbrella Insurance – Insurance coverage that helps protect your business from the rising costs of lawsuits
• • Workers Compensation Insurance – Insurance coverage that helps you take care of your employees
• • Bonds - Protect your assets with financial backups for promises made by others

As a business owner, you are required to carry workers' compensation insurance if you have any employees working in the state where your business is located, whether full-time or part-time.

What to do if your employees work out-of-state

If you employ workers in multiple states or your employees are temporarily working out-of-state, you need to purchase insurance for all the states where your workers are located, according to each state's laws.

Other regulations that may affect you:

• • Workers' compensation insurance covers wage replacement and medical bills for employees injured on the job.
• • To protect against other injuries at your place of business, you may need general liability insurance.

Our staff of professionals can help you to decide what coverage you might need in order to be in compliance with your state. We have several companies that specialize in writing standalone Workers Comp insurance. Contact us for more information.