Smart Stash Insurance Centers

06/21/2024

My new book is now on Amazon. For sale at cost $8.00. If you want a free book, send me an IM and we can talk.
https://www.amazon.com/Wealth-Control-Made-Easy-certainty/dp/B0D79L3TP4

04/08/2024

Nice solar eclipse. It’s pretty bright right now! Everyone Derrick Gates

04/02/2024

I have a new short video out:

The banks and Wall Street Machine control your 401k, 457b, 403b and IRA's. Market volatility controls your future. Are you considering stepping away from p...

03/29/2024

Do you have an old Life insurance policy from Met Life Insurance or Ohio National? If so, we need to talk.

03/28/2024

So many life insurance agents spend more time talking at you than listening to you Everyone

03/26/2024

Having the right amout of auto coverage matters. Most people have 100/300 coverage. This means that each accident that is your fault, there is $100,000 that goes to each injured person with $300,000 maximum coverage for the whole cost of the collision.

Many people tell me they have “full coverage.” This really has no meaning to an insurance company. Typically customers think this is a term that means they are covered for everything. But, people don’t usually know what “everything” is.

Here is what a strong auto policy coverage looks like:
250,000/$500,000 collision/liability (This protects you from personal liability)
250,000/$500,000 uninsured motorist (this is your protections)
$10,000 (or max) medical coverage (this is for you)
Highest deductible usually reduces your monthly or annual payments.

People don’t realize how much a lower deductible can cost them for lifetime.

I don’t sell this type of insurance anymore but, I can refer you to someone who does.

I hope this helps.

03/21/2024

State Farm Insurance is non-renewing 72,000 home owners policies in California. This means, if you have a homeowner's policy with State Farm, they might not let you renew your policy.

I like to blame this on California's Department of Insurance who has made it very difficult to for insurance companies to business in California for decades. Now, it has caught up with them.

They (Dept. of Insurance) say they are protecting us. However, this is not the only insurance company who has pulled out of California for home policies.

They are actually hurting the citizens in California. Ironically, they will be forced to go to the California Fair plan which is a government owned insurance company (except they don't have to follow the laws the insurance companies have to follow). Their plans usually are 2-3X's more expensive and 50% less coverages. Usually, just fire protection. You would have to buy a "wrap a round" policy as well to cover your liability and broken pipes etc.

Great job Gavin Newsom!

03/20/2024

I know people don't read my posts so, it doesn't matter what I say :)

Everybody things term Life Insurance is the best policies to have because they are cheap. However, they are the most expensive to have for a long period of time.

This is because, the life insurance companies are very good at making money. This is not a bad thing. However, if you have a financial advisor who tells you to "buy term and save the difference" this means that they want you to give them your money and not the life insurance company.

The life insurance companies know you better than you do when it comes to your health and life expectancy. They have so much data on people, through health evaluations for 100 years, that they can pretty much predict when someone will die. But they wont do that for you.

So, when they issue a term life policy, they know there is a 97% chance you will survive the policy and they will keep all the premiums.

Getting a permanent policy (a good one) you get your money back usually, in 12-18 years plus, the policy never ends.

People give whole life and universal life policies a bad rap because, the financial industries make money on the money you put into the market in stead of the life insurance companies.

03/14/2024

Those of you who like Roth's did you know there is a requirement to report to the IRS how much you put in and take out? IRS form 8606

03/14/2024

The unknown truth about Whole Life Insurance: