Tag Archives: Cheap Insurance

Last Minute Tax Tips

Benjamin Franklin once penned, “In this world nothing can be said to be certain, except death and taxes.” This infamous quote has stood the test of time and seems to be more relevant today than ever. Almost everyone has spent the past few weeks preparing to file their tax returns before the deadline hits tomorrow. Filing your taxes can be an immense pain, but it’s all worth it when you receive that glorious return check in the mail. If you’re still scrambling at the last minute to finish up your filing process, don’t panic – we’re here to help! Here are some helpful tax day hacks to help make your day a little easier.

 

Tax Tips for 2017

 

  1. For starters, you’re going to want to plan ahead to minimize the risk of any blunders. Make sure you check out the post office hours of operation so that you can schedule a window of time to drop off your return. There will also most likely be hordes of people who are sending out their returns at the last minute, so take that into account, as well as other factors that could hinder your outing, such as bad weather.
  1. After you have your delivery mapped out, make sure that you’re not forgetting anything. You won’t believe how many people forget to sign their return, so double check yours to see if everything is in order. Remember that both spouses must sign the form if you’re married! Other errors to look for include incorrect social security numbers, account numbers or any PIN errors if you’re submitting electronically.
  1. If you feel that you’re just too far behind on finishing your tax return, it would be wise to go ahead and file an extension. To do so, use the IRS Form 4868 through your tax software program in order to file a request. Doing this will give you until October 16th to complete your filing process. Don’t forget that this only extends the time to file your return and does not apply to paying the taxes you owe. If you’re facing financial issues and you’re unable to pay your taxes by the deadline, then you could face some penalties and fines. Make sure to contact the IRS and work out a solution on how to meet these payments. Often, they will allow you to pay these fees out in installments.
  1. One big concern to keep an eye out for as the day approaches is tax fraud. This occurs when someone steals your social security number and files a tax return in order to obtain a fraudulent refund. Tax fraud can be carried out in a number of different ways including scams, hacking and identity theft. There are many early warning signs you can detect that signal tax ID theft. For instance, if the IRS shows that you received wages from someone you didn’t work for or if more than one tax return was filed using your SSN, then you’re probably a victim of fraudulent activity.  If you sense any abnormal behavior or find that you’re a victim of tax ID theft, simply file a complaint with the FTC. You can also contact any credit bureau and alert them of fraudulent behavior on your credit records. You can also reach out to the IRS and they will take you through the necessary steps to resolve the situation.

Tax season may appear to be a maddening chore, but keep calm and remember that there’s always a light at the end of the tunnel. It’s something that everyone has to go through and keep in mind that there are certain catalysts to help ease your stress. Usually there are different companies that offer free gifts and promotions, so be on the lookout for these great deals. You could end up with some cool free stuff!

Before tax day hits, now is a great time to make sure that all of your insurance needs are up-to-date. Give us a call at 1-800-Thanks-Al to have an agent review your policy to confirm that your auto insurance has the right amount of coverage for your family and your needs. We can also ensure that you are getting the best rate for your policy. You might even qualify for additional discounts, especially if you have your home insured through us!

Buying and Insuring Your First Car

Do you remember your first kiss? Your first day of school? Or how about your first pet? The stages in our lifetime are defined by first encounters or first experiences. However, most of these experiences dwell in comparison to our very first car. It’s a right of passage that everyone goes through, and it signifies an early step into adulthood. With the purchase of a new car, one is instantly bestowed with newfound responsibility, both behaviorally and financially. Owning a car isn’t cheap by any means. With it you will experience various expenses that will put a damper on your savings account, including bills, repairs, and insurance. Check out these handy tips for buying and insuring your first car.

When looking for your first car to buy, it’s important to set aside a budget first and foremost. Make sure you do your homework so you don’t find yourself overpaying for a vehicle. Check your finances and decide what is affordable as well as the amount you are willing to pay. A purchase this large needs to be financed for most consumers, so it is very important to properly calculate what your monthly payment would be, not to mention the interest. Take into account that you’ll be spending money on these payments as well as gas, insurance, repairs, and parking, so it would be behoove of you to figure out how much you’ll need to set aside so you’re not initially drowning in debt and loans.

Try to avoid visiting the dealership until you thoroughly research what you need and what you can handle. Use the your calculated budget and collect all available information regarding every vehicle that falls within your criteria. There are a number of research tools that are very helpful, including car shows in your area, phone apps, automakers’ magazines, and websites. Ensure that the vehicle you choose has the options you need or you will find yourself with a vehicle that you may initially love, but will grow to hate. Also, you will want to take a test drive to make sure that you’re comfortable operating your vehicle. If you’re looking to get an easygoing experience with a car salesman, try shopping for a car at the end of the month. Salespeople have quotas to meet each month and will be more likely to cut you a deal. When dealing with a salesperson, don’t forget to inquire about any special deals. Incentives and rebates are bona fide money savers typically available on a number of models through the manufacturer’s generosity.

If you finally find a car that you feel is perfectly suited for you, then you’re going to have to shop around for the best rate. If you budgeted your finances properly, you will be able to pay your loan and credit card bills on time, which will help you maintain a solid credit history. Having a good credit score can help you obtain low rates in most cases. As you’re shopping around, don’t forget that there are many other different things you can do to keep your auto insurance premium low. Selecting a car that has anti-theft and other safety features can help reduce your premium, as well as being a safe defensive driver. Don’t forget to tell your agent about any driving safety courses you’ve completed. Doing so can save you upwards of 15% on your car insurance bill.

Ultimately, purchasing a vehicle is not something to take lightly. It is a large investment that has major financial consequences thanks to payments and insurance. If you’re a Texan from Dallas or Fort Worth, Al Boenker Insurance Agency of Texas can make sure all of your insurance needs are met at prices you can afford!

Before setting out to buy and insure your first car, make sure that all of your insurance needs are up-to-date. Give us a call at 1-800-Thanks-Al to have an agent review your policy to confirm that your auto insurance has the right amount of coverage for your family and your needs. We can also ensure that you are getting the best rate for your policy. You might even qualify for additional discounts, especially if you have your home insured through us! Remember, at Al Boenker Insurance, we’ve got you covered!

Money Saving Car Insurance Hacks This Easter

Do you like to save money? Of course, you do, we all do! Life is a series of cycling expenses that tend to drain our pocketbooks. Sure, you may catch a savings deal here or there, but normally we don’t get breaks like that when it comes to paying bills – including car insurance. Paying for car insurance is a very frustrating monthly task, but it’s something every driver must manage. It also doesn’t help when holidays such as Easter roll around, which means setting aside some extra money to add on to these mounting monthly expenses. Fortunately, there are certain things you can do to save a little extra change on your auto insurance payments. Here are some Egg-cellent hacks to help you save on insurance just in time for Easter.

  1. There are a lot of different ways you can enhance your car’s security and safety features that can help lower your rates in the long run. By investing in certain features, you can lower the risk of break in’s or damaging your car in an accident. For instance, if you drive a smaller car that thrives on safety or a car with added safety features like extra airbags or an anti-theft system, you can find a lower insurance premium. Some other features you can consider acquiring include, Anti-lock brakes, tracking devices, car alarms and safety protection shields in case of side impact. These additional features can certainly boost your car’s safety, but there are also some common-sense practices that you can adapt to help protect your vehicle.
  1. Make sure that you’re a smart and safe driver by not speeding, avoiding tickets, staying alert and always keeping an eye out for dangerous situations. By avoiding moving violations and accidents you can automatically save on your policy. Safe drivers cost insurance company less and they pass those savings directly onto their customers.
  1. Take a second to examine your current car that you’re insuring. Do you own an older car that isn’t worth much? If so, make sure you’re not overpaying for comprehensive coverage on a car that isn’t worth the price to replace it. If you have an extra old vehicle just sitting around in your driveway or one that you rarely drive, you can pay for a liability only insurance policy and save a lot of money.
  1. Bundling your policies together is another surefire way to lower your car insurance premium. If you own more than one car or live in a home that also needs coverage, it’s easier and cheaper to insure all of these policies together. Here at Al Boenker Insurance, we offer great discounts if you bundle your polices. If we’ve got your car covered, think about us helping you find coverage for your home and discover a plethora of great discounts!
  1. Increasing your deductible. However, this method involves significant risk and can turn around to bite you. Accidents or theft can happen in the blink of an eye at any moment, so make sure that you have some extra money tucked away in such case that you need to file a claim. If you’re financially prepared to take this route, you can end up saving a ton of money on your premium by increasing your deductible.
  1. Defensive Driving. Seriously, insurance customers who have taken a defensive driving or drivers education course can qualify for extra discounts on their policy and are smiled upon by insurance companies for taking safe driving seriously. If you inform your insurance company that you’ve completed these courses it can open the door to an abundance of savings opportunities.

With the Easter holiday just around the corner, make sure that all of your insurance needs are up-to-date. Give us a call at 1-800-Thanks-Al to have an agent review your policy to confirm that your auto insurance has the right amount of coverage for your family and your needs. We can also ensure that you are getting the best rate for your policy. You might even qualify for additional discounts, especially if you have your home insured through us! Remember, at Al Boenker Insurance, we’ve got you covered!