Sean Slater

Since 1990, Sean Slater has helped families and businesses find the right insurance coverage—auto, home, life, health, and more—balancing protection and affordability. Backed by a team with 80 years of combined experience and recognized for excellence with top industry honors, we’re dedicated to guiding you through life’s uncertainties. Let us review your current coverage, identify any gaps, and explore how you can save without sacrificing protection. We’re here to provide security and confidence for you and your loved ones.

Here are some helpful tips to remember:

🚗 AUTO INSURANCE

1. What are the components of an auto insurance policy? Auto insurance usually provides liability (injuries/damage to others), collision (your vehicle damage), comprehensive (theft, vandalism, weather), uninsured/underinsured motorist, and medical payments.

2. Is auto insurance required by law? Yes, most states require at least liability coverage. Requirements vary by state.

3. What factors affect my auto insurance? Your cost is based on driving history, location, age, vehicle type, credit score, and coverage levels.

4. What’s the difference between comprehensive and collision coverage?

• Comprehensive covers non-collision events (e.g., theft, fire, hail).

• Collision covers accidents involving your vehicle regardless of fault.

5. Will an accident impact on my policy? Depends, the facts of each claim will ultimately determine the impact to your policy. Some policies provide accident forgiveness; your policy may not be impacted; a trusted insurance professional can help you navigate this question.

🏠 HOME & PROPERTY INSURANCE

1. What are the components of a home insurance policy? Policies typically cover dwelling damage, personal property, liability, loss of use, and sometimes medical payments to others.

2. Is homeowners insurance required? Not by law, but lenders will require it for you to secure a loan.

3. What isn’t covered by homeowners insurance? Floods, earthquakes, mold, and maintenance issues are usually excluded. Separate policies may be needed.

4. How much coverage do I need? Enough to rebuild your home and replace belongings. Consider a replacement cost policy rather than actual cash value.

5. Can I bundle home and auto insurance? Yes, bundling often provides the optimal price point, depending on the insurer.

💼 BUSINESS INSURANCE

1. What types of insurance does a small business need? Common types include general liability, commercial property, workers’ compensation, professional liability, and business interruption insurance.

2. Is business insurance legally required? Yes, in many states' workers’ comp and commercial auto insurance are required. Others depend on your industry and location.

3. What does general liability insurance cover? Provides protection for bodily injury, property damage, and legal costs.

4. What is a Business Owner’s Policy (BOP)? A BOP bundles general liability and property insurance and for many types of small businesses.

5. How do I determine how much coverage my business needs? Assess assets, risks, number of employees, contracts, and industry requirements. An agent can help evaluate.

❤️ LIFE INSURANCE

1. What’s the difference between term and permanent?

• Term provides coverage for a set period (e.g., 20 years) and has a lower entry cost.

• Permanent lasts your lifetime and builds cash value, but has a higher entry cost.

2. How much life insurance do I need? Varies by your individual and family needs and goals. Common rule is to have enough protection for debts, education, and future income loss. A focused conversation around family and financial goals is the way to determine the amount of protection needed.

3. Can I get life insurance if I have some medical issues? Possibly, but costs may be higher. Age, gender, and health are the factors life insurers consider. Guaranteed issue and simplified issue policies can be options with limited underwriting for those with pre-existing medical issues.

4. What happens if I outlive my term life policy? The policy doesn't end but the costs increase at the end of the level payment period. Often times, the policies don't pay out as they are cancelled because the cost increases greatly. Some insurers may offer term conversion options. A licensed professional can help navigate the various options.

Death benefits are typically federally tax-free to beneficiaries.